The median house price in Red Deer, Alberta, is $319 100.00. What does this tell you about the housing market?

Half the homes in Red Deer cost more than $319 100.00 and half cost less than $319 100.00.

This is average house price in Red Deer.

This is the most common house price in Red Deer.

None of the above.

Half the homes in Red Deer are priced higher than $319,100.00 and half are priced lower, indicating that the housing market in Red Deer is diverse and offers a range of options for potential buyers.