Average property prices in Hungary increased by 25% in 2022
Real estate broker Duna House has published the dynamics of real estate prices in Hungary for 2022. According to published data, the average price of real estate in Hungary in 2022 is €96,500. Real estate has risen in price by 25% year on year.
Prices for different types of real estate in Hungary in 2022
|Property type||Average price for 1 sq.m. in 2022|
|Apartments on the secondary market in brick houses||€1 770|
|Apartments on the secondary market in panel houses||€1 355|
|Apartments on the primary market in new buildings||€1 850|
|Mansions (private houses, villas)||€840|
|Apartments in Budapest||€4 990|
The average price of 1 square meter in brick houses is €1,770, and in panel residential complexes – €1,355/1 sq.m.
The average price of 1 square meter for mansions is €840.
Budapest (the capital) is the most expensive city to buy real estate in Hungary. The average price of 1 square meter in Budapest is €4,990, and the average price of a property is €137,130.