The prices for single-family homes in Austria rose slightly in the first half of 2025. Nationwide, the increase averaged 2.2 percent, according to data from real estate agency Remax released Wednesday, based on transaction figures recorded in the land register. The typical price for a single-family house was €337,052, compared to €329,830 a year earlier.
When adjusted for inflation, however, single-family home prices have actually fallen in real terms. Compared with 2023, they are on average about €65,640 cheaper in real terms. According to Remax, buyer hesitation in the single-family home market has increasingly “been overcome.” In the first half of 2025, one-third more single-family homes were sold than in the previous year. The total number of transactions was 3.5 percent higher than the ten-year average.
“The current interest rate level, the temporary exemption from land registry fees, a certain psychological adjustment effect, inflation-related wage and salary increases in recent years, and certainly also price corrections in recent years have apparently helped overcome hesitation in purchasing single-family homes,” said Remax Austria CEO Bernhard Reikersdorfer.
He added that buying land and building a new home has become less affordable than in previous years due to rising construction costs. As a result, more buyers are opting for existing properties and gradually renovating them instead.
