House prices decreased in all Swedish counties in 2023. The highest average purchase price for one- and two-residential property buildings in Sweden was in Stockholm, where the average price amounted to 6.7 million Swedish kroner in 2023, approximately twice the nation average house price. The lowest average purchase price that year was in Västernorrland, which was around 1.7 million Swedish kroner.

Key information about House Prices Growth

• Sweden house prices grew 1.7% YoY in Sep 2025, following an increase of 2.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1987 to Sep 2025, with an average growth rate of 13.0%.
• House price data reached an all-time high of 20.8% in Jun 1989 and a record low of -15.3% in Dec 1992.

The real estate prices in Sweden increased significantly between 2008 and 2023. In 2023, the price index reached 455, with 1990 as base year. This was the first decrease in house prices since 2012. Despite the decline, prices in 2023 were still notably higher than before the COVID-19 pandemic. One of the reasons was the slowdown in construction, which hampered the supply of new homes. Rented dwellings are popular among Swedes Sweden is one of the countries in Europe with the most renters among the population. Only about 64 percent of people lived in an owner-occupied home in 2022. Only a few countries, such as France, Denmark, Germany, and Austria, had lower homeownership rates. How many rooms do Europeans have at home? As of 2021, the European countries which had been reported to have the highest number of rooms per person were Ireland and Malta, with 2.3 rooms per person on average. Sweden ranked fifteenth on the list, where the average number of rooms per person was 1.9.

Graph and download economic data for Real Residential Property Prices for Sweden (QSER628BIS) from Q1 1970 to Q2 2025 about Sweden, residential, HPI, housing, real, price index, indexes, and price.

The average purchase price for one- and two-dwelling houses in Sweden declined in 2023, after a 20-year period of uninterrupted growth. In 2023, the average house price amounted to approximately 3.6 million Swedish kroner, a decline from 3.9 million Swedish kroner, but an increase from less than a million Swedish kroner since 2000. Nationwide, Stockholm was the Swedish county with the highest house prices.

Stockholm was the city with the most expensive apartments in Sweden in 2024. An apartment in Stockholm cost approximately ***** euros per square meter as of the first quarter of the year, while in Gothenburg, the average price was roughly ***** euros per square meter. Malmö was most affordable, with an average price of ***** euros per square meter. In Sweden, about ** percent of the population lives in an owner-occupied home. How do prices in Sweden compare to the rest of Europe? The Swedish capital ranked among the ** most expensive cities in Europe for buying an apartment in 2024. Becoming the owner of an apartment in Stockholm was slightly more affordable than in Amsterdam, but slightly more expensive than in Innsbruck, Frankfurt and Oslo. Is housing in Sweden affordable? The growth of house prices in Sweden slowed down in 2022, allowing incomes to catch up and affordability, as measured by the house price-to-income ratio, to improve. Generally, Sweden has a better housing affordability than most OECD countries that report the indicator.

The house price to income ratio in Sweden amounted to ** points in the first quarter of 2025. This is lower than the observation from the first quarter one year earlier, when the ratio had been ***** points.

Residential Property Prices in Sweden increased 0.66 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Sweden Residential Property Prices.

House price index in Sweden, March, 2025 The most recent value is 179.46 index points as of Q1 2025, an increase compared to the previous value of 179.34 index points. Historically, the average for Sweden from Q1 1990 to Q1 2025 is 93.3 index points. The minimum of 31.94 index points was recorded in Q3 1993, while the maximum of 193.14 index points was reached in Q2 2022. | TheGlobalEconomy.com

In the Swedish Capital of Stockholm, the average purchase prices for one- and two-dwelling buildings for permanent living increased by over ** percent from 2013 to 2023. While the average purchase price was *** million Swedish kronor in 2013, it had reached over **** million kronor in 2023.

In the first quarter of 2024, the house price index in Sweden stood at 130.3 index points. In the documented period, the second quarter of 2022 had the highest housing price index points with 142.86 points.

Sweden - Median of the housing cost burden distribution: Cities was 20.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Median of the housing cost burden distribution: Cities - last updated from the EUROSTAT on November of 2025. Historically, Sweden - Median of the housing cost burden distribution: Cities reached a record high of 21.00% in December of 2009 and a record low of 16.90% in December of 2017.

The average bid price of new housing in Europe was the highest in Luxembourg, at 8,760 euros per square meter. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, only bid prices were considered. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly ** percent in Romania or around ** percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up ** percent and ** percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

Sweden - Median of the housing cost burden distribution: 65 years or over was 22.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Median of the housing cost burden distribution: 65 years or over - last updated from the EUROSTAT on November of 2025. Historically, Sweden - Median of the housing cost burden distribution: 65 years or over reached a record high of 23.50% in December of 2011 and a record low of 19.60% in December of 2020.

Sweden - Median of the housing cost burden distribution: Less than 18 years was 16.50% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Median of the housing cost burden distribution: Less than 18 years - last updated from the EUROSTAT on November of 2025. Historically, Sweden - Median of the housing cost burden distribution: Less than 18 years reached a record high of 17.20% in December of 2012 and a record low of 14.20% in December of 2018.

Sweden - Median of the housing cost burden distribution: Rural areas was 16.60% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Median of the housing cost burden distribution: Rural areas - last updated from the EUROSTAT on November of 2025. Historically, Sweden - Median of the housing cost burden distribution: Rural areas reached a record high of 18.70% in December of 2009 and a record low of 14.80% in December of 2020.

Sweden Construction: Avg Purchase Price: Agricultural Real Estate data was reported at 2,313.000 SEK th in Mar 2018. This records an increase from the previous number of 2,104.000 SEK th for Dec 2017. Sweden Construction: Avg Purchase Price: Agricultural Real Estate data is updated quarterly, averaging 1,696.000 SEK th from Mar 1999 (Median) to Mar 2018, with 77 observations. The data reached an all-time high of 2,313.000 SEK th in Mar 2018 and a record low of 883.000 SEK th in Sep 1999. Sweden Construction: Avg Purchase Price: Agricultural Real Estate data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Construction: Average Purchase Price.

Sweden - Median of the housing cost burden distribution: Females was 18.40% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Median of the housing cost burden distribution: Females - last updated from the EUROSTAT on October of 2025. Historically, Sweden - Median of the housing cost burden distribution: Females reached a record high of 18.40% in December of 2024 and a record low of 16.10% in December of 2018.

Sweden - Housing cost overburden rate: Below 60% of median equivalised income was 47.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Housing cost overburden rate: Below 60% of median equivalised income - last updated from the EUROSTAT on November of 2025. Historically, Sweden - Housing cost overburden rate: Below 60% of median equivalised income reached a record high of 47.70% in December of 2024 and a record low of 37.00% in December of 2018.

The housing sector in Sweden slowed in 2023, with the number of one- and two-dwelling houses sold declining. Less than 47,000 houses were sold in that year, compared to the long-term average of 55,000 annually. Consequently, the cooling of the market has resulted in the first decline in house prices recorded in over 20 years.