The average sales price of one-family houses in Denmark increased by *** thousand Danish Kroner (+**** percent) in 2023. In total, the average price amounted to *** million Danish Kroner in 2023. Find more statistics on one-family houses in Denmark with key insights such as Average purchasing price for condominiums and Average purchasing price for holiday houses.

The house price to income ratio increased slightly in 2023, after plummeting the previous two years. In the third quarter of 2023, the house price to income ratio amounted to 102.7 index points, down from its peak of 122.3 index points in the first quarter of 2021. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Has buying a house in Denmark become more affordable? The decline in the house price to income index is mostly because of a correction in house prices, as shown by the EMF house price index for Denmark. Meanwhile, incomes in the country have continued to grow. However, that does not mean housing is more affordable, as the average mortgage interest rate has soared, making credit much more expensive for homebuyers. What is the average house price in Denmark? In 2023, the average sales price of a single-family house in Denmark was about 2.6 million Danish Kroner. Single-family houses are the most popular dwelling type in the country, followed by multifamily housing units.

Housing Index in Denmark increased to 148.55 points in the first quarter of 2025 from 145.50 points in the fourth quarter of 2024. This dataset provides - Denmark House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average house price in Denmark increased sharply in 2021, but growth slowed down to approximately *** percent in 2022. According to the forecast, 2023 is going to see house prices fall by almost **** percent. In 2024, house prices are expected to decrease further by about *** percent. As of 2021, the average sales price of single family homes in Denmark amounted to over *** Danish kroner.

Key information about House Prices Growth

• Denmark house prices grew 12.3% YoY in Jan 2022, following an increase of 9.2% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 2007 to Jan 2022, with an average growth rate of 3.0%.
• House price data reached an all-time high of 16.9% in Mar 2021 and a record low of -16.0% in May 2009.

The average sales price of all properties in Denmark decreased to 4.6 million Danish Kroner compared to the previous year. Nevertheless, the last two years in this industry recorded a significantly higher average price than the preceding years.Find more statistics on all properties in Denmark with key insights such as Average purchasing price for single-family houses and Average purchasing price for holiday houses.

House price index in Denmark, December, 2024 The most recent value is 160.51 index points as of Q4 2024, an increase compared to the previous value of 160.29 index points. Historically, the average for Denmark from Q1 1990 to Q4 2024 is 89.3 index points. The minimum of 31.59 index points was recorded in Q2 1993, while the maximum of 160.51 index points was reached in Q4 2024. | TheGlobalEconomy.com

In 2023, the average rent in Denmark was approximately 899 Danish kroner per square meter. This was an increase from the previous year, when the average rental cost was 874 Danish kroner. Compared with other countries in the Europe, Denmark has one of the lowest homeownership rates.

Denmark DK: Rent Price Index: sa data was reported at 116.476 2015=100 in Mar 2025. This records an increase from the previous number of 115.863 2015=100 for Dec 2024. Denmark DK: Rent Price Index: sa data is updated quarterly, averaging 62.279 2015=100 from Mar 1967 (Median) to Mar 2025, with 233 observations. The data reached an all-time high of 116.476 2015=100 in Mar 2025 and a record low of 8.918 2015=100 in Jun 1967. Denmark DK: Rent Price Index: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.

Denmark Property Price: DR: Capital Region: CS: Brondby data was reported at 22,940.000 DKK/sq m in Jun 2018. This records an increase from the previous number of 22,919.000 DKK/sq m for Mar 2018. Denmark Property Price: DR: Capital Region: CS: Brondby data is updated quarterly, averaging 16,194.000 DKK/sq m from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 24,701.000 DKK/sq m in Jun 2006 and a record low of 4,823.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Capital Region: CS: Brondby data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

The average sales price of weekend cottages in Denmark saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 1.7 million Danish Kroner. Still, the average price reached its highest value in the observed period in 2023. Find more statistics on weekend cottages in Denmark with key insights such as Average purchasing price for single-family houses and Number of holiday houses sold.

New residential housing in Copenhagen cost, on average, *** percent of the national average in Denmark in 2023 and represented the largest difference in the average transaction price of new residential properties in the country that year. The corresponding figure for Aarhus was ***** percent, and **** percent for Odense during the evaluated period.

The average sales price of owner-occupied flats in Denmark increased by ** thousand Danish Kroner (+**** percent) in 2023 in comparison to the previous year. In total, the average price amounted to * million Danish Kroner in 2023. Find more statistics on owner-occupied flats in Denmark with key insights such as Average purchasing price for single-family houses and Number of condominiums sold.

Denmark DK: Standardised Price-Rent Ratio: sa data was reported at 144.470 Ratio in Dec 2024. This records an increase from the previous number of 143.699 Ratio for Sep 2024. Denmark DK: Standardised Price-Rent Ratio: sa data is updated quarterly, averaging 89.440 Ratio from Mar 1970 (Median) to Dec 2024, with 220 observations. The data reached an all-time high of 152.220 Ratio in Mar 2022 and a record low of 55.005 Ratio in Jun 1993. Denmark DK: Standardised Price-Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Denmark – Table DK.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by rent price indices. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

Real residential property prices Y-on-Y, percent change in Denmark, December, 2024 The most recent value is 2.11 percent as of Q4 2024, a decline compared to the previous value of 4.07 percent. Historically, the average for Denmark from Q1 1990 to Q4 2024 is 2.56 percent. The minimum of -17.06 percent was recorded in Q1 2009, while the maximum of 27.73 percent was reached in Q2 2006. | TheGlobalEconomy.com

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Denmark - Median of the housing cost burden distribution: Rural areas was 18.90% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Median of the housing cost burden distribution: Rural areas - last updated from the EUROSTAT on June of 2025. Historically, Denmark - Median of the housing cost burden distribution: Rural areas reached a record high of 28.40% in December of 2009 and a record low of 16.70% in December of 2022.

Denmark - Median of the housing cost burden distribution: Cities was 25.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Median of the housing cost burden distribution: Cities - last updated from the EUROSTAT on June of 2025. Historically, Denmark - Median of the housing cost burden distribution: Cities reached a record high of 31.40% in December of 2009 and a record low of 24.20% in December of 2022.

Denmark - Median of the housing cost burden distribution: Less than 18 years was 18.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Median of the housing cost burden distribution: Less than 18 years - last updated from the EUROSTAT on June of 2025. Historically, Denmark - Median of the housing cost burden distribution: Less than 18 years reached a record high of 28.40% in December of 2010 and a record low of 15.30% in December of 2022.

Denmark - Median of the housing cost burden distribution: Females was 22.10% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Median of the housing cost burden distribution: Females - last updated from the EUROSTAT on July of 2025. Historically, Denmark - Median of the housing cost burden distribution: Females reached a record high of 29.00% in December of 2010 and a record low of 19.90% in December of 2022.