Oslo was the Norwegian city with the most expensive apartments and houses in 2024. In March that year, the average price per residential property in the Norwegian capital was approximately *** million Norwegian kroner. The city above the polar circle, Tromsø ranked second, with housing units costing on average nearly *** million Norwegian kroner. In 2019, there were over nine thousand dwellings sold in Norway. Housing types The largest share of Norwegian residential housing units in 2023 were detached houses, accounting for nearly half of the total housing market in the country. Moreover, a quarter of all occupied and vacant dwellings that year were blocks of flats and over one fifth were houses with two dwellings or row houses. Where are properties the most expensive? Within selected global property markets, Hong Kong had the most expensive housing prices in 2020. An average property would cost roughly **** million U.S. dollars in the former British colony. Munich ranked second, where the average property price amounted to roughly *********** U.S dollars.

The house prices of all house types in Norway increased steadily between 2009 and 2022, followed by a slight decline in 2023. Unlike houses, prices for multi-dwellings did not fall in 2023. Multi-dwelling were also the property type that experienced the strongest growth. At ***** index points, the index for multi-dwelling properties suggests an increase of ** percent since 2015 - the baseline year. How much did Norwegians pay for dwellings in 2021? Oslo appeared to be the most expensive city by dwelling prices that year, followed by Tromsø and Bergen.  Number of residential buildings The number of residential buildings in Norway constantly increased during the past decade, peaking in 2023. There were nearly *** million residences in the country. That was an increase of over 100 thousand units, compared to 2010. More than half of Norwegians lived in detached houses The share of residents by housing type was distributed unevenly in Norway in 2023. Approximately ** percent of Norwegian citizens lived in detached houses, whereas ** percent lived in multi-dwelling buildings. The least common housing type was houses with two dwellings that year.

Housing Index in Norway decreased to 356.79 points in October from 358.29 points in September of 2025. This dataset provides the latest reported value for - Norway House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Average House Prices in Norway decreased to 4873238 NOK in October from 4993572 NOK in September of 2025. This dataset includes a chart with historical data for Norway Average House Prices.

Key information about House Prices Growth

• Norway house prices grew 5.0% YoY in Sep 2025, following an increase of 4.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1993 to Sep 2025, with an average growth rate of -1.5%.
• House price data reached an all-time high of 21.2% in Mar 2000 and a record low of -6.9% in Dec 2008.

Norway House Price Index: HO: Oslo and Baerum: Dwelling data was reported at 151.300 2000=100 in Dec 2008. This records a decrease from the previous number of 160.100 2000=100 for Sep 2008. Norway House Price Index: HO: Oslo and Baerum: Dwelling data is updated quarterly, averaging 93.150 2000=100 from Mar 1991 (Median) to Dec 2008, with 72 observations. The data reached an all-time high of 169.900 2000=100 in Jun 2007 and a record low of 33.500 2000=100 in Mar 1993. Norway House Price Index: HO: Oslo and Baerum: Dwelling data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.EB008: House Price Index: 2000=100.

Oslo was the Norwegian city with the highest average price per square meter for residential property in March 2024. The prices in the Norwegian capital reached over ****** Norwegian kroner per square meter. The country's average that year was around ****** Norwegian kroner.

This statistic shows the percentage change of housing and rental prices in Oslo, Norway from 2012 to 2017, according to selected institutions. Generally, Oslo's housing and rental prices increased over the presented period. In *********, housing prices were nearly ***** times as high as rental prices. According to Eiendom Norge, the housing price in Oslo had risen by **** percent.

The house price to income ratio in Norway 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.

New residential housing price in Oslo were on average *** percent of the national average price in Norway in 2018 and represented the largest difference in average transaction price of new residential properties in the country that year. The corresponding figure for Bergen was *** percent during the evaluated period.

The price change of rental housing in Oslo, Norway fluctuated during the period from 2013 to 2021. The highest price change was in first quarter of 2019, when the price increased by *** percent from the previous quarter that year.

The Scandinavian real estate market, encompassing countries like Sweden, Norway, Denmark, Finland, and Iceland, exhibits robust growth potential, fueled by a combination of factors. A consistently strong CAGR exceeding 5% indicates a healthy and expanding market. Key drivers include increasing urbanization, a growing population, particularly in major cities like Oslo, Stockholm, and Copenhagen, and a sustained demand for both residential and commercial properties. Furthermore, government policies supporting sustainable development and infrastructure projects contribute to the market's positive trajectory. The market is segmented into villas and landed houses, which often command higher prices due to limited supply and desirable locations, and apartments and condominiums, catering to a broader range of buyers and representing a larger portion of the market. The dominance of established players like Riksbyggen, OBOS BBL, and Balder highlights the market's maturity, yet the presence of smaller, more agile companies signifies ongoing competition and innovation. While data on exact market size is unavailable, a conservative estimation placing the 2025 market value at approximately €150 Billion ( based on general European real estate market values and applying the provided CAGR) seems plausible. Further growth is expected, driven by continued economic stability and ongoing investment in the region's infrastructure. Looking forward, the Scandinavian real estate market is expected to face some challenges, including rising interest rates impacting affordability, and potential fluctuations in the global economy. However, the strong underlying fundamentals of population growth, limited land availability in desirable urban areas, and continued investment in infrastructure suggest resilience and continued expansion. The market's diversity, with a mix of large established companies and smaller players, ensures a competitive landscape and capacity for adaptation. Trends toward sustainable construction and smart homes will likely play an increasingly significant role in shaping the future of the market, with companies prioritizing environmentally friendly practices and technologically advanced properties. Segmentation within the market will continue to be relevant, with the demand for specific property types varying across regions and based on changing demographic needs. Key drivers for this market are: 4., Increasing manufacturing sites4.; The increasing middle-income group and access to mortgage finance. Potential restraints include: 4., Rising cost of construction materials.. Notable trends are: Growing Housing Market in Norway to Drive the Market.

The price of new Norwegian detached houses increased constantly, reaching about **** thousand Norwegian kroner in 2022. Over the period from 2009 to 2022, the average price per square meter of new detached houses increased a lot. The tendency for used detached houses over the evaluated period was similar and the price per square meter increased every year.  How many buildings are there in Oslo? More and more residential buildings had been built in Oslo over the past decade. **** thousand buildings were reported in 2009, whereas the corresponding figure in 2019 was approximately **** thousand existing residences in the Norwegian capital.  Prices of different dwellings The prices of all types of dwellings increased from 2009 to 2020 in Norway. While detached houses seemed to be the most expensive dwelling type from 2009 to 2011, the figures had changed by 2020 and prices for multi-dwellings had the highest index in the country.

Norway House Price per Square Meter: Avg: Freeholder: Oslo: Detached Houses data was reported at 59,796.000 NOK in Jun 2018. This records an increase from the previous number of 56,567.000 NOK for Mar 2018. Norway House Price per Square Meter: Avg: Freeholder: Oslo: Detached Houses data is updated quarterly, averaging 39,907.000 NOK from Mar 2006 (Median) to Jun 2018, with 50 observations. The data reached an all-time high of 59,796.000 NOK in Jun 2018 and a record low of 26,182.000 NOK in Mar 2006. Norway House Price per Square Meter: Avg: Freeholder: Oslo: Detached Houses data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.P001: House Price per Square Meter.

Norway House Price Index: Oslo and Baerum: Multi Dwelling data was reported at 157.100 2000=100 in Dec 2008. This records a decrease from the previous number of 166.800 2000=100 for Sep 2008. Norway House Price Index: Oslo and Baerum: Multi Dwelling data is updated quarterly, averaging 100.150 2000=100 from Mar 1992 (Median) to Dec 2008, with 68 observations. The data reached an all-time high of 179.800 2000=100 in Jun 2007 and a record low of 31.300 2000=100 in Mar 1993. Norway House Price Index: Oslo and Baerum: Multi Dwelling data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.EB008: House Price Index: 2000=100.

Norway House Price per Square Meter: Avg: Freeholder: Oslo: Row Houses data was reported at 62,175.000 NOK in Jun 2018. This records an increase from the previous number of 59,025.000 NOK for Mar 2018. Norway House Price per Square Meter: Avg: Freeholder: Oslo: Row Houses data is updated quarterly, averaging 41,252.500 NOK from Mar 2006 (Median) to Jun 2018, with 50 observations. The data reached an all-time high of 62,175.000 NOK in Jun 2018 and a record low of 25,175.000 NOK in Mar 2006. Norway House Price per Square Meter: Avg: Freeholder: Oslo: Row Houses data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.P001: House Price per Square Meter.

This dataset provides information about the number of properties, residents, and average property values for 250th Street cross streets in Oslo, MN.

This dataset provides information about the number of properties, residents, and average property values for 2nd Avenue cross streets in Oslo, MN.

Norway House Price Index: HO: Oslo and Baerum: Detached Houses data was reported at 143.100 2000=100 in Dec 2008. This records a decrease from the previous number of 151.300 2000=100 for Sep 2008. Norway House Price Index: HO: Oslo and Baerum: Detached Houses data is updated quarterly, averaging 91.950 2000=100 from Mar 1991 (Median) to Dec 2008, with 72 observations. The data reached an all-time high of 156.500 2000=100 in Jun 2007 and a record low of 36.500 2000=100 in Mar 1993. Norway House Price Index: HO: Oslo and Baerum: Detached Houses data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.EB008: House Price Index: 2000=100.

Stock Price Time Series for Entra ASA. Entra ASA develops real estate properties in Oslo, Bergen, Drammen, Sandvika, and Stavanger. It owns and operates office and commercial property. The company was founded in 2000 and is headquartered in Oslo, Norway.