Market Update for Redwood Park
September 30th 2026: There were 36 homes sold in the Redwood Park Neighbourhood in the last 12 months. The average price was $464,949, down by 6.2% over last year and it took 37 days for homes to sell vs 31 days last year.
Average Prices by Property Type
- The average price for a Detached Single-Family home in Redwood Park was $699,883.
- The average price for a Townhouse was $548,450.
- The average price for a Bungalow was $592,400.
- The average price for a Condo was $330,970.
Redwood Park Historical Average House Prices
Historical home prices for Redwood Park going back as far as 2000, with the percent change each year
| YEAR |
AVERAGE PRICE |
% CHANGE |
| 2000 |
$99,432 |
|
| 2001 |
$113,547 |
14.2% |
| 2002 |
$150,278 |
32.3% |
| 2003 |
$142,090 |
-5.8% |
| 2004 |
$159,063 |
11.9% |
| 2005 |
$159,073 |
0% |
| 2006 |
$163,028 |
2.5% |
| 2007 |
$171,192 |
5% |
| 2008 |
$172,361 |
0.7% |
| 2009 |
$189,660 |
10% |
| 2010 |
$205,738 |
8.5% |
| 2011 |
$237,909 |
15.6% |
| 2012 |
$239,063 |
0.5% |
| 2013 |
$234,547 |
-1.9% |
| 2014 |
$250,799 |
6.9% |
| 2015 |
$243,628 |
-2.9% |
| 2016 |
$238,555 |
2.1% |
| 2017 |
$239,948 |
0.5% |
| 2018 |
$261,487 |
9% |
| 2019 |
$279,700 |
7% |
| 2020 |
$384,134 |
38% |
| 2021 |
$437,951 |
14% |
| 2022 |
$486,382 |
11% |
| 2023 |
$451,753 |
-7.1% |
| 2024 |
$453,287 |
0.3% |
| 2025 |
$521,201 |
15% |
Home prices in Redwood Park have went up in 22 years since 2000 and down in 4 years. The average price for a home in 2025 was $521,201 after a large 15% increase.
About Redwood Park
Redwood Park is located between Morrison Drive and Greenbank in the west end of the city. There is a mix of single family homes, community housing and condominium apartments in this neighbourhood. The Queensway Carleton Hospital is a short drive away.
Amenities include a small shopping plaza at Baseline & Pinecrest and is close to major shopping centers like Bayshore, IKEA, and specialty stores like Lee Valley Tools.
A typical street in Redwood Park will have older single-family homes, no sidewalks and mature trees.
Schools include St. Paul High School, Grant Alternative School and Académie de la Capitale IB World School just north of Morrison Drive.
OC Transpo services the area with about 10 bus lines, making commuting easy for residents.
Homes for Sale Redwood Park
View all MLS Listings in Redwood Park