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What are housing prices like in Austria right now? (2026)

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Authored by the expert who managed and guided the team behind the Austria Property Pack

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This blog post explains current housing prices in Austria in 2026, using the latest data we have manually checked.

We update this article regularly so buyers can keep a clear view of the Austria property market.

You will see average prices, price per square metre, neighborhood ranges, buyer costs, and what different budgets can buy in Austria.

And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Austria.

Insights

  • The median housing price in Austria in 2026 is around €335,000, but the average is closer to €410,000 because Vienna, Salzburg, Tyrol, and luxury Alpine homes pull the number up.
  • Austria property listings are usually not the final price: our central estimate is that asking prices are about 11% above actual sale prices in 2026.
  • Austrian flats are much more expensive per square metre than houses, with official 2025 median prices around €4,162/m² for flats and €2,836/m² for houses.
  • The Austria housing market is recovering slowly, not booming: prices are roughly 4% higher than one year ago, but inflation means the real gain is small.
  • Vienna, Salzburg, Innsbruck, Tyrol resorts, and Vorarlberg remain the most expensive Austria property markets because good land and well-located homes are scarce.
  • Austria buyer costs are not small: a normal buyer should often add 8% to 12% before renovation, and much more for older homes needing energy upgrades.
  • A $300,000 budget can still work in Austria, but mostly for smaller existing flats in outer districts or lower-cost cities, not prime Vienna or Salzburg.
  • The new-build premium in Austria is around 35%, mainly because new homes save renovation stress and often have better energy performance.

What is the average housing price in Austria in 2026?

The median housing price in Austria in 2026 is more useful than the average housing price because one luxury villa in Salzburg or Tyrol can distort the average, while the median shows what a normal buyer is more likely to face.

We are writing this as of 2026, using the latest Austria housing price data collected from authoritative sources that we manually double checked.

The median housing price in Austria in 2026 is around €335,000, which is about $387,000, while the average housing price in Austria in 2026 is around €410,000, which is about $474,000.

For about 80% of normal residential properties in Austria in 2026, a realistic price range is roughly €160,000 to €950,000, or about $185,000 to $1.10 million.

A realistic entry range in Austria in 2026 is about €120,000 to €230,000, or about $139,000 to $266,000, which can buy an older 35 to 50 m² flat in a smaller city or a lower-cost area of Styria, Carinthia, or Lower Austria.

A typical luxury property in Austria in 2026 often costs around €1.2 million to €4.0 million, or about $1.39 million to $4.63 million, for example a renovated 120 to 200 m² apartment in central Vienna, Salzburg, Innsbruck, or a high-end Alpine home.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Austria.

Sources and methodology: we anchored this estimate in Statistics Austria closed-sale prices and adjusted them lightly to June 2026. We cross-checked the direction with Statistics Austria HPI and OeNB. We used ECB currency data for dollar conversions.

Are Austria property listing prices close to the actual sale price in 2026?

In Austria in 2026, listed property prices are usually about 8% to 14% above the final sale price, with our central estimate at about 11%.

This happens because Austria listing portals show more urban, newer, and better-marketed homes than the full closed-sale market. The gap is usually smaller for scarce homes in Vienna inner districts, Salzburg, Innsbruck, and prime Alpine areas, but larger for older houses that need renovation or sit outside major job centres.

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What is the price per sq m or per sq ft for properties in Austria in 2026?

As of 2026, the blended median residential price in Austria is about €3,650/m², or $4,224/m², which is about €339/sqft, or $393/sqft. The blended average residential price in Austria is about €4,250/m², or $4,919/m², which is about €395/sqft, or $457/sqft.

The highest prices per square metre in Austria in 2026 are usually for small and mid-sized apartments in Vienna, Salzburg, Innsbruck, Tyrol resort areas, Vorarlberg, and high-quality new builds, while the lowest prices per square metre are usually older houses outside major job centres because renovation and energy-upgrade costs are higher.

The highest broad price ranges are in Vienna prime districts, Salzburg, Innsbruck, and Kitzbühel-type Alpine markets, where apartments can often range from about €6,000/m² to more than €25,000/m². The lowest broad price ranges are in rural houses and lower-cost small-city areas in Burgenland, Styria, Carinthia, and parts of Lower Austria, where prices can be closer to €1,800/m² to €4,700/m².

Sources and methodology: we used Statistics Austria as the base for actual sale prices per m². We used ImmoScout24 Austria only for asking-price context. We checked prime ranges with Engel & Völkers Austria and city-market comments with CBRE.

How have property prices evolved in Austria?

Compared with one year ago, Austria property prices in 2026 are roughly 3% to 5% higher in nominal terms, with our central estimate at about 4%. The main reason is that demand recovered after the interest-rate shock, while new supply remained limited.

Compared with two years ago, Austria housing prices in 2026 are broadly stable to slightly higher after the 2023 and 2024 correction. The market is no longer in the overheated 2021 to 2022 phase, but homes in strong cities and scarce Alpine areas have held up better than weaker rural stock.

By the way, we’ve written a blog article detailing the latest updates on property price variations in Austria.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Austria.

Sources and methodology: we used Statistics Austria HPI for recent price movement. We checked the longer trend with OeNB. We used Statistics Austria building permits to understand supply pressure.

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How do prices vary by housing type in Austria in 2026?

In Austria in 2026, we estimate that existing apartments make up about 38% of the residential purchase market, new-build apartments about 17%, single-family houses about 25%, terraced or semi-detached houses about 8%, villas and luxury houses about 5%, and rural or renovation houses about 7% because Austria combines dense city apartment markets with many house markets outside the largest cities.

Existing apartments in Austria average around €330,000, or $382,000, while new-build apartments average around €450,000, or $521,000. Single-family houses average around €470,000, or $544,000, terraced or semi-detached houses around €430,000, or $498,000, villas and luxury houses around €1.8 million, or $2.08 million, and rural renovation houses around €220,000, or $255,000.

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we used Statistics Austria to anchor flats and houses. We used WKÖ Immobilienpreisspiegel 2026 to compare property categories. We used Engel & Völkers Austria for luxury-market checks.

How do property prices compare between existing and new homes in Austria in 2026?

In Austria in 2026, new-build homes are usually about 25% to 45% more expensive than existing homes, with our central estimate at about 35%.

This premium exists because new homes usually have better energy performance, modern layouts, lower short-term repair risk, and scarce supply after the construction slowdown.

Sources and methodology: we used WKÖ Immobilienpreisspiegel 2026 for new-versus-used comparisons. We checked supply pressure with Statistics Austria building permits. We used CBRE Austria for city-market context.

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How do property prices vary by neighborhood in Austria in 2026?

In Vienna inner and western districts, buyers mostly find renovated old-building apartments, family flats, and high-end city homes. In 2026, typical prices often range from about €650,000 to €1.4 million, or about $752,000 to $1.62 million, because Vienna combines jobs, schools, transport, and strong resale liquidity.

In Salzburg city, especially Aigen and Nonntal, buyers mostly find apartments, townhouses, and villas in a small and very supply-constrained city. In 2026, typical prices often range from about €650,000 to €1.6 million, or about $752,000 to $1.85 million, because lifestyle demand is strong and buildable land is limited.

In Innsbruck and prime Tyrol areas, buyers mostly find apartments, houses, and Alpine homes with strong lifestyle appeal. In 2026, typical prices often range from about €600,000 to €1.8 million, or about $694,000 to $2.08 million, because the mountains, university demand, tourism economy, and land scarcity all support prices.

You will find a much more detailed analysis by areas in our property pack about Austria. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Area in Austria Buyer profile Typical price range Typical price per m² Typical price per sqft
Vienna Innere Stadt Prime / luxury €900k to €3.0m / $1.04m to $3.47m €10k to €18k / $11.6k to $20.8k €929 to €1,672 / $1,075 to $1,936
Vienna Döbling Expat / family €650k to €2.0m / $752k to $2.31m €7k to €12k / $8.1k to $13.9k €650 to €1,115 / $752 to $1,290
Vienna Hietzing Family / green €550k to €1.6m / $637k to $1.85m €6.5k to €10k / $7.5k to $11.6k €604 to €929 / $699 to $1,075
Vienna Leopoldstadt Popular / commute €400k to €900k / $463k to $1.04m €5.5k to €8k / $6.4k to $9.3k €511 to €743 / $591 to $860
Vienna Favoriten Entry / commute €260k to €650k / $301k to $752k €4k to €6k / $4.6k to $6.9k €372 to €557 / $430 to $646
Salzburg Aigen / Nonntal Premium / family €650k to €1.8m / $752k to $2.08m €7k to €11k / $8.1k to $12.7k €650 to €1,022 / $752 to $1,182
Innsbruck Hötting / Saggen Premium / Alps €550k to €1.5m / $637k to $1.74m €6.5k to €10k / $7.5k to $11.6k €604 to €929 / $699 to $1,075
Graz Lend / Geidorf Student / value €250k to €650k / $289k to $752k €3.8k to €5.8k / $4.4k to $6.7k €353 to €539 / $409 to $624
Linz Urfahr Commute / family €300k to €750k / $347k to $868k €4.2k to €6.2k / $4.9k to $7.2k €390 to €576 / $452 to $667
Klagenfurt lake-side areas Lifestyle / lake €280k to €850k / $324k to $984k €3.8k to €6.5k / $4.4k to $7.5k €353 to €604 / $409 to $699
St. Pölten Commuter / entry €220k to €550k / $255k to $637k €3k to €4.8k / $3.5k to $5.6k €279 to €446 / $323 to $517
Eisenstadt / Burgenland towns Entry / family €180k to €500k / $208k to $579k €2.5k to €5k / $2.9k to $5.8k €232 to €465 / $269 to $538
Sources and methodology: we used Statistics Austria for district-level anchors. We used ImmoScout24 Austria for regional asking-price ranges. We checked luxury areas with Engel & Völkers Austria.

How much more do you pay for properties in Austria when you include renovation work, taxes, and fees?

In Austria in 2026, a buyer should usually add about 8% to 12% to the purchase price for normal taxes and fees, and about 15% to 35% if the home needs meaningful renovation.

If you buy a property for around $200,000, that is about €173,000, normal taxes and fees can add roughly €14,000 to €21,000, or about $16,000 to $24,000. With light renovation, the all-in budget can easily move toward €205,000 to €240,000, or about $237,000 to $278,000.

If you buy a property for around $500,000, that is about €432,000, normal taxes and fees can add roughly €35,000 to €52,000, or about $41,000 to $60,000. With light renovation, the all-in budget can often land around €500,000 to €595,000, or about $579,000 to $689,000.

If you buy a property for around $1,000,000, that is about €864,000, normal taxes and fees can add roughly €69,000 to €104,000, or about $80,000 to $120,000. With renovation, the all-in budget can often reach €1.0 million to €1.25 million, or about $1.16 million to $1.45 million.

By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Austria.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Austria

Extra cost Cost type Estimated cost range in Austria
Real estate transfer tax Tax Usually 3.5% of the purchase price. On a €500,000 home, that is about €17,500, or about $20,300. This is one of the main fixed costs a buyer should plan for.
Land-register ownership fee Fee Usually 1.1% of the purchase price. On a €500,000 home, that is about €5,500, or about $6,400. Some primary-residence exemptions may apply in specific cases.
Mortgage registration Financing fee Usually 1.2% of the mortgage amount when a mortgage is registered. If the mortgage is €350,000, the cost is about €4,200, or about $4,900. Cash buyers do not pay this.
Notary, lawyer, and escrow Legal A normal range is about 1% to 2.5% of the purchase price. On a €500,000 home, this means about €5,000 to €12,500, or about $5,800 to $14,500. Complex purchases can cost more.
Broker commission Transaction fee Broker fees can often reach up to 3% plus VAT where applicable. On a €500,000 home, this can be up to about €18,000 including VAT, or about $20,800. Always check who pays before signing.
Light renovation Renovation A light renovation often costs about €300 to €700/m², or about $347 to $810/m². For a 70 m² flat, that means about €21,000 to €49,000. This usually covers updates, not structural work.
Full renovation or energy upgrade Renovation A full renovation can cost about €900 to €1,800+/m², or about $1,041 to $2,083+/m². Older Austrian houses can exceed this range. Energy work can be expensive but important for resale value.
Moving, furnishing, and inspections Soft costs A practical budget is about €5,000 to €40,000, or about $5,800 to $46,300. Small flats can be near the low end. Larger family homes can reach the high end quickly.
Sources and methodology: we used Austria’s government portal for core buyer taxes. We used normal Austrian market ranges for legal, broker, and renovation costs. We converted euros with the ECB exchange rate.
infographics comparison property prices Austria

We made this infographic to show you how property prices in Austria compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Austria in 2026 with different budgets?

With $100,000, or about €86,000, there is not much normal property market in Austria in 2026, but you may find a 25 to 35 m² older studio in a small Styrian town, a small holiday-style apartment in a less prime rural area, or a very old rural house share needing major renovation.

With $200,000, or about €173,000, you may find a 40 to 50 m² existing apartment on the outskirts of Graz, a 45 to 60 m² older flat in St. Pölten, or a small older rural house in Burgenland or Carinthia.

With $300,000, or about €259,000, you may find a 55 to 65 m² existing apartment in Graz, a 45 to 55 m² apartment in outer Vienna districts such as Favoriten or Simmering, or a 90 to 120 m² older house in lower-cost parts of Styria or Carinthia.

With $500,000, or about €432,000, you may find a 65 to 75 m² existing apartment in a non-prime Vienna district, a 100 to 130 m² family house in Lower Austria or Upper Austria, or a 70 to 80 m² renovated apartment in Graz, Linz, Klagenfurt, or St. Pölten.

With $1,000,000, or about €864,000, you may find a 90 to 120 m² quality apartment in a good Vienna district, a 100 to 130 m² apartment in Salzburg or Innsbruck, or a large family house in Lower Austria, Upper Austria, or parts of Styria.

With $2,000,000, or about €1.73 million, there is a real luxury market in Austria in 2026, including a 130 to 180 m² renovated apartment in Vienna’s 1st, 3rd, 4th, 7th, 8th, 13th, or 19th districts, a high-quality villa in Salzburg Aigen or Nonntal, or a premium Alpine home in Tyrol.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Austria.

What sources have we used to write this blog article?

Whether it’s in our blog articles or the market analyses included in our property pack about Austria, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.

We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why we trust it How we used it
Statistics Austria - Average property prices It is Austria’s official statistics agency and uses real purchase data from private-household transactions. We used it as the main anchor for closed-market prices. We treated its 2025 median €/m² figures for flats and houses as the best proxy for real transaction prices, then adjusted lightly to June 2026.
Statistics Austria - House price index It tracks Austrian residential price changes from land-register purchase contracts. We used it to estimate the one-year price change. We also used it to separate the trend for new dwellings and existing dwellings.
OeNB - Residential property price index Austria’s central bank publishes a long-running residential property index used for financial-stability work. We used it to cross-check the direction of price changes. We also used it to validate that 2025 and 2026 looked more like a stabilization period than a new boom.
OeNB - Real estate data Austria It gives central-bank context on Austria’s residential property market and affordability. We used it as a second check on the 2025 recovery. We did not use it to replace the official Statistics Austria price levels.
WKÖ Immobilienpreisspiegel 2026 The Austrian Economic Chamber’s price mirror is widely used by property professionals in Austria. We used it to check the gap between new and existing homes. We also used its market commentary to estimate normal negotiation room.
ImmoScout24 Austria H1 2025 asking-price analysis ImmoScout24 is one of Austria’s largest listing portals and explains its listing sample and median method. We used it only for asking prices and regional listing ranges. We did not use it as the main source for actual sale prices.
Engel & Völkers Austria price trends It is an established real estate firm with Austria-specific market data and strong luxury-market coverage. We used it to cross-check prime and luxury locations. We especially used it for Kitzbühel, Salzburg, Vienna, Tyrol, and Vorarlberg.
CBRE Living Market Report Austria 2025 CBRE is a major global real estate research firm covering Austria’s main housing markets. We used it to support the city-market interpretation for Vienna, Graz, Linz, and Salzburg. We treated it as market context, not as the main transaction-price source.
EHL Research market reports EHL is a major Austrian real estate firm with local market research across residential and investment property. We used it as a market-context check for supply, demand, and city trends. We did not use it to override official transaction data.
Statistics Austria - Building permits It is the official source for Austrian residential construction approvals. We used it to explain why prices stabilized despite weak affordability. We cross-checked its supply signal with CBRE and EHL commentary.
Statistics Austria - Baubewilligungen It is the German-language official source for Austrian building permit data. We used it to confirm the number of dwellings approved in new buildings. We used this to support the low-supply explanation.
Austrian government portal - Ancillary purchase costs It is Austria’s official government portal for citizen guidance. We used it for buyer taxes and core fees. We then added normal market ranges for broker fees, legal costs, and renovation budgets separately.
ECB euro reference rate The European Central Bank is the official reference source for EUR/USD conversion. We converted euros to dollars using €1 = $1.1573. We kept euros as the local currency because Austria uses the euro.

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