What is the average price of residential property in the Netherlands? In the third quarter of 2024, a single-family home cost approximately 434,000 euros. There were large differences between the Dutch provinces, however. Single-family homes were most expensive in the central province of Utrecht with an average price of 731,000 euros, whereas a similar house in Groningen had an average price tag of 384,000 euros. Overall, the average price a private individual would pay when buying any type of existing residential property (such as single-family homes but also, for example, an apartment) was approximately 416,000 euros in 2023. Do the Dutch prefer to buy or to rent a house? The Netherlands had a slightly higher homeownership rate (the share of owner-occupied dwellings of all homes) in 2023 than other countries in Northwestern Europe. About 70 percent of all Dutch houses were owned, whereas this percentage was lower in Germany, France, and the United Kingdom. This is an effect of past developments: the price to rent ratio (the development of the nominal purchase price of a house divided by the annual rent of a similar place with 2015 as a base year) shows that the gap between house prices and rents has continuously widened in recent years. Despite a slight decline in the ratio due to slowing house price growth and accelerating rental growth, in 2023, the cost of buying a home had grown significantly faster relative to the cost of renting. Mortgages in the Netherlands Additionally, the Netherlands has one of the highest mortgage debts among private individuals in Europe. In 2024, total debt exceeded 839 billion euros. This has a political background, as the Dutch tax system allowed homeowners for many years to deduct interest paid on mortgage from pre-tax income for a maximum period of thirty years, essentially allowing for income support for homeowners. In the Netherlands, this system is known as hypotheekrenteaftrek. Note that since 2014, the Dutch government is slowly scaling this down, with a planned acceleration from 2020 onwards.

The average sales price of a home in the Netherlands peaked in August 2022, followed by a decline in the following months. In December 2023, it cost on average over 422,000 euros to buy a home, up from 400,000 euros in the same month the year before. According to a forecast released in October 2023, house prices are expected to continue to decline throughout 2024. Some of the factors influencing the market are the declining transaction activity and the higher interest rates.

In recent years, the housing market has continued to rise in the Netherlands due to low mortgage rates, a recovering economy and a high level of consumer confidence. For example, the number of registered transactions reached a value of approximately 226,000 in 2021 and the average selling price of houses was over 386,000 euros. In 2024, real estate prices are expected to decline.

Netherlands - House price index was 10.30% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Netherlands - House price index - last updated from the EUROSTAT on February of 2025. Historically, Netherlands - House price index reached a record high of 19.00% in March of 2022 and a record low of -9.00% in September of 2012.

Graph and download economic data for Residential Property Prices for Netherlands (QNLN628BIS) from Q1 1970 to Q3 2024 about Netherlands, residential, HPI, housing, price index, indexes, and price.

Housing Index in Netherlands increased to 145.50 points in January from 143.30 points in December of 2024. This dataset provides - Netherlands House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for All-Transactions House Price Index for Ottawa County, MI (ATNHPIUS26139A) from 1975 to 2024 about Ottawa County, MI; Holland; MI; HPI; housing; price index; indexes; price; and USA.

Residential Property Prices in Netherlands increased 10.33 percent in September of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Netherlands Residential Property Prices.

House prices in the Netherlands had been on an upward trend for nearly nine years, before starting to decline for most of 2023. In December 2023, the average house price rose by 1.6 percent from the same period the year before. In comparison, in December 2022, house prices soared by 2.7 percent because of the low mortgage rates, a recovering economy and a high level of consumer confidence at the time. According to a forecast released in October 2023, real estate prices were expected to decline in 2024.

This table shows the average purchase price that has been paid in the reporting period for existing own homes purchased by a private individual. The average purchase price of existing own homes may differ from the price index of existing own homes. The average purchase price is no indicator for price developments of owner-occupied residential property. The average purchase price reflects the average price of dwellings sold in a particular period. The fact that de dwellings sold differs from one period to another is not taken into account. The following instance explains which problems are entailed by the continually changing of the quality of the dwellings sold. Suppose in February of a particular year mainly big houses with extensive gardens beautifully situated alongside canals are sold, whereas in March many small terraced houses are sold. In that case the average purchase price in February will be higher than in March but this does not mean that house prices are increased. See note 3 for a link to the article 'Why the average purchase price is not an indicator'.

Data available from: 1995

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The average purchasing prices of existing owner-occupied sold homes can be calculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 17 February 2025: Added average purchase prices of the municipalities for the year 2024.

When will new figures be published? New figures are published approximately one to three months after the period under review.

The figures of existing own homes are related to the stock of existing own homes. Besides the price indices, figures are also published about the numbers sold, the average purchase price, and the total sum of the purchase prices of the sold dwellings. The House Price Index of existing own homes is based on a complete registration of sales of dwellings by the Dutch Land Registry Office (Kadaster) and the (WOZ) value of all dwellings in the Netherlands. Indices may fluctuate, for example if a small number of a certain type of dwellings are sold. In such cases we recommended using the long-term figures. The average purchase price of existing own homes may differ from the price index of existing own homes. The change in the average purchase price, however, is not an indicator for price developments of existing own homes.

Data available from: 1st quarter 1995 to 4th quarter 2023

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The numbers of existing owner-occupied sold homes can be recalculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 6 Juny 2024: This table has been discontinued. This table is followed by Existing own homes; purchase prices, price index 2020=100, type of dwelling. See paragraph 3.

From reporting period 2024 quarter 1, the base year of the House Price Index for Existing Dwellings (PBK) will be adjusted from 2015 to 2020. In April 2024, the first figures of this new series will be released. These figures will be available in a new StatLine table. The old series (base year = 2015) can still be consulted via StatLine, but will no longer be updated.

There are large differences in house prices in different cities in the Netherlands but generally, cities situated further away from the "Randstad" (the area in the Netherlands that mainly consists of Amsterdam, Rotterdam, The Hague and Utrecht), were less expensive than the ones close to it. In 2022, the average selling price of residential real estate in some of the largest cities in the Netherlands ranged between approximately 621,000 euros in Amsterdam and 288,000 euros in Leeuwarden. Overall, Utrecht was the most expensive province to buy a single-family house in 2022, with the average price exceeding the national average by close to 200,000 euros.

Netherlands House Price Index: OO: Single Family Dwellings: Semi Detached data was reported at 92.500 2005=100 in Dec 2012. This records a decrease from the previous number of 93.600 2005=100 for Nov 2012. Netherlands House Price Index: OO: Single Family Dwellings: Semi Detached data is updated monthly, averaging 93.350 2005=100 from Jan 1995 (Median) to Dec 2012, with 216 observations. The data reached an all-time high of 113.600 2005=100 in Sep 2008 and a record low of 38.800 2005=100 in Mar 1995. Netherlands House Price Index: OO: Single Family Dwellings: Semi Detached data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.EB006: House Price Index: 2005=100.

The average price paid when a Dutch private individual bought existing residential property in 2023 was about 416,000 euros. In recent years, the housing market has continued to grow in the Netherlands due to low mortgage rates, a recovering economy and a high level of consumer confidence. For example, the number of registered transactions nearly doubled between 2011 and 2021, before declining in 2022.

The figures of existing own homes are related to the stock of existing own homes. Besides the price indices, figures are also published about the numbers sold, the average purchase price, and the total sum of the purchase prices of the sold dwellings. The House Price Index of existing own homes is based on a complete registration of sales of dwellings by the Dutch Land Registry Office (Kadaster) and the (WOZ) value of all dwellings in the Netherlands. Indices may fluctuate, for example if a small number of dwellings are sold in a certain region. In such cases we recommended using the long-term figures. The average purchase price of existing own homes may differ from the price index of existing own homes. The change in the average purchase price, however, is not an indicator for price developments of existing own homes.

Data available from: 1st quarter 1995

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The numbers of existing owner-occupied sold homes can be recalculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 28 January 2025: The figures for the 4th quarter and the year 2024 have been changed and become final.

Changes as of 22 January 2025: Figures for reporting period 4th quarter and the year 2024 are added. The figures of the Price Index for Existing own homes are in the current publication unfortunately provisional. The calculations are based on incomplete data. This may lead to an adjustment of the figures. The expectation is that this adjustment will be limited.

When will new figures be published? New figures are published about 22 days after the period under review.

After a long period of price growth, the residential real estate market in the Netherlands started to decline in 2023. The price of an apartment in the Netherlands in the third quarter of the 2023 fell by 4.5 percent compared to the same period the previous year. In 2023, residential real estate prise growth is expected to slow down.

For the fourth quarter in a row, house prices in the Netherlands grew by over ten percent year-on-year in the first quarter of 2022. From January to March 2022, the house prices increased with over 20 percent y-o-y. When accounting for inflation, however, there was a trend of price growth slowing down. As of the first quarter of 2022, the inflation-adjusted price growth was 10.6 percent.

Netherlands House Price Index: Owner Occupied (OO) data was reported at 94.700 2005=100 in Dec 2012. This records a decrease from the previous number of 95.100 2005=100 for Nov 2012. Netherlands House Price Index: Owner Occupied (OO) data is updated monthly, averaging 94.300 2005=100 from Jan 1995 (Median) to Dec 2012, with 216 observations. The data reached an all-time high of 113.500 2005=100 in Aug 2008 and a record low of 38.800 2005=100 in Mar 1995. Netherlands House Price Index: Owner Occupied (OO) data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.EB006: House Price Index: 2005=100.

The provisional percentage change on previous year of deflated house prices in the Netherlands decreased by 3.5 percentage points in the third quarter of 2023 in comparison to the previous quarter. As a result, the change in the Netherlands saw its lowest number in the third quarter of 2023 with -10.5 percent. Find more statistics on other topics about the Netherlands with key insights such as provisional percentage change of financial liabilities of the financial sector and provisional percentage change on previous year of deflated house prices.

House prices in the Netherlands declined across all provinces in 2023. Utrecht experienced the highest decrease, with home prices falling by nine percent between the second quarter of 2022 and the second quarter of 2023. Limburg, on the other hand, saw the smallest change in prices, at 2.3 percent. Property prices in the Netherlands had been on an upward trend for almost a decade, with the average price almost doubling between 2013 and 2022.

This table shows the price development of newly built and existing dwellings purchased by households. Aside from the price indices, Statistics Netherlands also publishes figures on the number, average purchase price and total sum of the purchase prices of the sold dwellings.

Data available from: 1st quarter 2015

Status of the figures: The figures in this table that are associated with existing homes (PBK) are final. The figures in this table that are associated with new dwellings (PNK) are one period provisional. The figures in this table that are associated with the number of sold dwellings and the average purchase price and related to newly built dwellings and total figures are four periods provisional.

Changes as of 9th of January 2025: New figures have been added for period 3rd quarter 2024.

Changes as of 27th of June 2024: The figures regarding new-build owner-occupied homes for the period 2023 have been corrected as a result of the application of a new methodology.

When will new figures be published? New figures are published in April 2025.