Paris, Lyon, and Bordeaux are the most expensive cities for residential real estate in France. In Paris, the average square meter price of an apartment was over 9,000 euros in October 2024, while the price for a house was even higher. Apartment prices in Paris went as high as 15,000 euros, depending on the arrondissement.

The average price of a single-family home in Metropolitan France rose in the third quarter of 2023, after dipping slightly in the previous three-month period. People interested in buying a new single-family house in were expected to pay on average approximately 352,942 euros in the third quarter of 2023. A year prior, the median house price was 340,824 euros, indicating an increase of approximately 12,000 euros. Despite the recent upward price movement, the house price index for new homes indicates a slowing pace.

Graph and download economic data for Residential Property Prices for France (QFRN628BIS) from Q1 1970 to Q1 2025 about France, residential, HPI, housing, price index, indexes, and price.

Housing Index in France increased to 126.69 points in the first quarter of 2025 from 126.28 points in the fourth quarter of 2024. This dataset provides the latest reported value for - France House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about House Prices Growth

• France house prices dropped 3.5% YoY in Sep 2024, following a decrease of 4.6% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2001 to Sep 2024, with an average growth rate of 3.8%.
• House price data reached an all-time high of 15.4% in Jun 2005 and a record low of -8.0% in Jun 2009.

The house price index for second-hand homes in Mainland France declined in 2023, after peaking in the third quarter of 2022. In the third quarter of 2023, the index value amounted to 132.7 index points, a decline of 1.8 percent from the same period in 2022. Meanwhile, the index for new housing increased at a slightly slower rate. The index measures the development of prices for existing homes, with 2015 chosen as a base year. An index value of 130 means that home prices rose by 30 percent since 2015.

The median selling price of old houses in France was the highest in Nice municipality, followed by Paris and Toulon in 2023. In Nice, the median house sold for 597,700 euros, while in Paris, the price was 471,400 euros. According to the house price index for second-hand housing, house prices nationally decreased slightly in 2023.

The house price index for newly built homes in Mainland France declined in 2023, after peaking in the fourth quarter of 2022. In the third quarter of 2023, the index value amounted to 130 index points, an increase of 0.3 percent from the same period in 2022. The highest increase in home prices was observed in the fourth quarter of 2005 when prices rose by almost 13 percent. Meanwhile, prices for second-hand homes increased at a slightly faster rate. The index measures the development of prices for newly built homes, with 2015 chosen as a base year. An index value of 130 means that home prices rose by 30 percent since 2015.

The financial crisis in 2008 led to steep declines in the hose price in France, followed by some large increases. In 2024, the French property market contracted again, with the inflation-adjusted home price declining by *** percent in the fourth quarter of the year.

House price index in France, March, 2025 The most recent value is 126.99 index points as of Q1 2025, an increase compared to the previous value of 126.58 index points. Historically, the average for France from Q1 1990 to Q1 2025 is 82.46 index points. The minimum of 39.97 index points was recorded in Q1 1990, while the maximum of 134.6 index points was reached in Q3 2022. | TheGlobalEconomy.com

New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data was reported at 314.918 EUR th in Sep 2018. This records a decrease from the previous number of 328.994 EUR th for Jun 2018. New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data is updated quarterly, averaging 322.387 EUR th from Dec 2001 (Median) to Sep 2018, with 68 observations. The data reached an all-time high of 379.266 EUR th in Mar 2008 and a record low of 214.700 EUR th in Mar 2002. New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

France FR: Standardised Price-Income Ratio: sa data was reported at 107.604 Ratio in 2024. This records a decrease from the previous number of 116.870 Ratio for 2023. France FR: Standardised Price-Income Ratio: sa data is updated yearly, averaging 92.480 Ratio from Dec 1978 (Median) to 2024, with 47 observations. The data reached an all-time high of 126.864 Ratio in 2022 and a record low of 71.463 Ratio in 1998. France FR: Standardised Price-Income 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 France – Table FR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. 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.

France New Apartment Sold: Average Sales Price: Region: Brittany data was reported at 3,232.108 EUR/sq m in Sep 2018. This records a decrease from the previous number of 3,280.516 EUR/sq m for Jun 2018. France New Apartment Sold: Average Sales Price: Region: Brittany data is updated quarterly, averaging 2,825.957 EUR/sq m from Dec 2001 (Median) to Sep 2018, with 68 observations. The data reached an all-time high of 3,390.604 EUR/sq m in Sep 2016 and a record low of 1,778.000 EUR/sq m in Dec 2001. France New Apartment Sold: Average Sales Price: Region: Brittany data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P005: New Apartments: Sales Price.

France New Houses Sold: Average Sales Price: Region: Brittany data was reported at 216.778 EUR th in Jun 2018. This records a decrease from the previous number of 231.563 EUR th for Mar 2018. France New Houses Sold: Average Sales Price: Region: Brittany data is updated quarterly, averaging 199.846 EUR th from Dec 2001 (Median) to Jun 2018, with 67 observations. The data reached an all-time high of 243.589 EUR th in Sep 2012 and a record low of 135.200 EUR th in Dec 2001. France New Houses Sold: Average Sales Price: Region: Brittany data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

In France, the number of newly built housing units sold or booked for sale declined dramatically in 2023. In the third quarter of the year, there were about 16,000 sales to individuals — the lowest quarterly figure on record. The main reason behind this trend was the declining supply of newly built housing for sale.

France FR: Standardised Price-Rent Ratio: sa data was reported at 133.213 Ratio in 2024. This records a decrease from the previous number of 142.118 Ratio for 2023. France FR: Standardised Price-Rent Ratio: sa data is updated yearly, averaging 85.029 Ratio from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 146.056 Ratio in 2022 and a record low of 65.689 Ratio in 1997. France FR: 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 France – Table FR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. 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.

France New Apartment Sold: Average Sales Price: 1 Room data was reported at 4,964.758 EUR/sq m in Sep 2018. This records an increase from the previous number of 4,880.574 EUR/sq m for Jun 2018. France New Apartment Sold: Average Sales Price: 1 Room data is updated quarterly, averaging 4,049.552 EUR/sq m from Dec 2000 (Median) to Sep 2018, with 72 observations. The data reached an all-time high of 5,033.561 EUR/sq m in Mar 2018 and a record low of 2,121.000 EUR/sq m in Mar 2001. France New Apartment Sold: Average Sales Price: 1 Room data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P005: New Apartments: Sales Price.

France New Houses Sold: Average Sales Price data was reported at 259.174 EUR th in Sep 2018. This records a decrease from the previous number of 261.337 EUR th for Jun 2018. France New Houses Sold: Average Sales Price data is updated quarterly, averaging 245.964 EUR th from Dec 2000 (Median) to Sep 2018, with 72 observations. The data reached an all-time high of 271.383 EUR th in Dec 2017 and a record low of 152.300 EUR th in Sep 2001. France New Houses Sold: Average Sales Price data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

The average price per square meter of properties in France as of ************* was higher for apartments than for houses. The price for apartments at the upper price point cost approximately ***** euros per square meter, while for houses it amounted to ***** euros per square meter.

Real residential property prices Y-on-Y, percent change in France, December, 2024 The most recent value is -3.1 percent as of Q4 2024, an increase compared to the previous value of -5.13 percent. Historically, the average for France from Q1 1990 to Q4 2024 is 1.82 percent. The minimum of -7.82 percent was recorded in Q2 2009, while the maximum of 13.46 percent was reached in Q2 2005. | TheGlobalEconomy.com