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

Housing prices in Austria in January 2026 are stable but still challenging for many buyers, with Vienna driving most of the national price levels.

This article covers the current market situation in Austria as of the first half of 2026, with data we update regularly.

We break down what you can expect to pay across different property types, neighborhoods, and budgets.

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.

Who is the author of this content?

INVESTROPA

A team specialized in real estate investing in European countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Austria. If you’d like to learn more about us, you can check our presentation page.

What is the average housing price in Austria in 2026?

The median housing price gives you a better sense of what most people actually pay because it is not skewed by extremely expensive luxury properties the way an average would be.

We are writing this as of the first half of 2026 using the latest data from Statistics Austria, the Austrian National Bank, and other authoritative sources that we manually verified for accuracy.

The median housing price in Austria in 2026 is around 338,000 euros (approximately 398,753 dollars or 363,000 euros when using current conversion rates), while the average housing price in the Austria market in 2026 is roughly 380,000 euros (about 447,868 dollars or 410,000 euros). These figures reflect a blended market that includes both apartments and houses across the country.

The price range for 80% of residential property in the Austria market in 2026 falls between 200,000 euros and 650,000 euros (roughly 235,720 dollars to 766,090 dollars).

A realistic entry range in Austria in 2026 would be 120,000 to 180,000 euros (around 141,432 to 212,148 dollars or 129,600 to 194,400 euros), which typically gets you a small existing apartment of about 45 square meters in outer Vienna districts like Favoriten or a modest unit in a regional town.

A realistic price range for a typical luxury property in the Austria market in 2026 would be 1,000,000 to 3,000,000 euros or more (approximately 1.18 million to 3.54 million dollars or 1.08 million to 3.24 million euros), which could buy you a high-end penthouse in Vienna's 1st district or a spacious villa in premium locations like Döbling or Salzburg.

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

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

The estimated difference between listing prices and actual sale prices in Austria in 2026 is around 3% to 5% below asking in Vienna and 5% to 8% below asking in the rest of Austria.

This happens because sellers often build negotiation room into their asking prices, especially when they are not under time pressure to sell. Financing conditions and buyer caution in 2026 also keep final agreed prices a bit lower than initial listings, though Vienna has seen shorter marketing times and less negotiation in tight submarkets recently.

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

As of early 2026, the median housing price per square meter in Austria is around 4,080 euros for apartments (about 4,809 dollars or 379 euros per square foot) and 2,763 euros for houses (roughly 3,256 dollars or 257 euros per square foot). The average housing price per square meter in the Austria market is estimated at 4,300 euros for apartments (around 5,070 dollars or 399 euros per square foot) and 2,900 euros for houses (approximately 3,419 dollars or 269 euros per square foot).

The highest price per square meter in Austria in 2026 tends to be in prime central locations, especially Vienna's inner districts, for new-build properties with top energy ratings, elevators, terraces, and turnkey condition, while the lowest price per square meter is usually found in less central areas or weaker job markets, often in older stock needing renovation with poor energy performance and no elevator.

In Austria in 2026, you would find the highest price per square meter in neighborhoods like Vienna's 1st district (Innere Stadt) or 4th district (Wieden), where new-build apartments can reach 7,000 to 13,000 euros per square meter or more. The lowest ranges appear in outer Vienna districts like the 10th (Favoriten) or 11th (Simmering), where used apartments typically cost around 3,400 to 3,600 euros per square meter.

How have property prices evolved in Austria?

Compared to one year ago in January 2025, property prices in Austria have risen by about 1% in nominal terms, reflecting a stabilization phase where prices are basically flat but edging slightly upward. This happened because affordability pressure from high living costs and cautious buyer sentiment kept demand in check, even as supply remained constrained.

Compared to two years ago in January 2024, property prices in Austria have increased roughly 2% to 3% in nominal terms but have actually declined about 2% to 3% in real terms after accounting for inflation. The gap between nominal and real price changes shows that while euro prices inched up, rising consumer prices eroded purchasing power, meaning buyers are effectively paying more but getting less value than before.

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.

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

The estimated breakdown in the Austria property market in 2026 is roughly 55% apartments and condos, 30% single-family houses, 8% row houses and townhouses, 4% duplexes and small multi-family units, 2% villas and luxury homes, and 1% other types like chalets or micro-units, because Austria's housing stock is concentrated in urban areas where apartments dominate, while single-family homes are more common in suburban and rural zones.

The average price range in Austria as of the first half of 2026 is around 184,000 euros (about 217,000 dollars) for a starter apartment of 45 square meters, 306,000 euros (roughly 361,000 dollars) for a typical 75 square meter apartment, 320,000 to 420,000 euros (approximately 377,000 to 495,000 dollars) for a row house around 110 square meters, 387,000 euros (about 456,000 dollars) for a single-family house of 140 square meters, 450,000 to 600,000 euros (around 530,000 to 707,000 dollars) for a duplex totaling 160 square meters, and 1,000,000 euros or more (roughly 1.18 million dollars or above) for villas and prime luxury homes.

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

• How much should you pay for a house in Austria?
• How much should you pay for lands in Austria?

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

The estimated premium for new-build properties versus existing homes in Austria in 2026 is around 25% to 35%, meaning new construction costs significantly more than older stock.

This happens because new homes meet modern energy standards that lower running costs and provide peace of mind for buyers who want to avoid renovation surprises, and also because new supply in prime locations is scarce, so new homes command a "new car" premium with warranties and contemporary specifications.

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

In Vienna's 2nd district (Leopoldstadt) as of the first half of 2026, you find a mix of older apartments and renovated units plus some new projects, with typical 75 square meter properties ranging from 350,000 to 440,000 euros (about 412,000 to 518,000 dollars), because the area offers good walkability, transit connections, and a lively urban atmosphere that attracts both locals and expats. In Vienna's 10th district (Favoriten), the market is more value-oriented with a higher share of older buildings, so a similar 75 square meter apartment costs around 256,000 to 350,000 euros (roughly 302,000 to 413,000 dollars), because Favoriten is further from the center and has traditionally been a more affordable district, though it has improving public transport links. In Vienna's 1st district (Innere Stadt), prices are at the luxury end with prime new-build apartments reaching extremely high levels, so a 75 square meter unit can easily range from 392,000 euros up to over 1 million euros (about 462,000 dollars to 1.19 million dollars or more), because this is the historic center with unmatched prestige, cultural amenities, and scarcity of available units.

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:

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

The estimated additional cost on top of the purchase price in Austria in 2026 is around 9% to 11% when you account for mandatory taxes, land register fees, legal costs, and broker commissions in many standard transactions.

If you buy a property around 169,700 euros (about 200,000 dollars) in Austria in January 2026, you would typically add roughly 15,300 to 18,700 euros (around 18,000 to 22,000 dollars) for transfer tax, land register fees, mortgage registration if applicable, notary work, and broker commission, bringing your total cost to approximately 185,000 to 188,400 euros (about 218,000 to 222,000 dollars).

For a property bought around 424,200 euros (roughly 500,000 dollars) in Austria in January 2026, the additional expenses would be about 38,200 to 46,700 euros (around 45,000 to 55,000 dollars), so you would end up paying approximately 462,400 to 470,900 euros (about 545,000 to 555,000 dollars) in total.

If you purchase a property for 848,500 euros (around 1,000,000 dollars) in Austria in January 2026, you should expect to pay an extra 76,400 to 93,300 euros (roughly 90,000 to 110,000 dollars) on top, which means your all-in cost would be approximately 924,900 to 941,800 euros (about 1,090,000 to 1,110,000 dollars).

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

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 dollars (roughly 84,800 euros) in Austria as of the first half of 2026, you are mostly looking at very limited options because this budget is tight for standard apartments in most areas, but you could find an existing studio of about 20 to 25 square meters in a smaller town in Styria or Carinthia in an older building that needs cosmetic work, or an existing small apartment around 30 square meters in rural Lower Austria in older stock requiring renovation, or possibly a micro-unit in a holiday area in an older building though these typically have limited liquidity and you should be cautious about resale potential.

For 200,000 dollars (around 169,700 euros) in Austria in January 2026, you could get an existing 45 square meter apartment in Vienna's 10th district (Favoriten) in an older building with good public transit, or an existing 55 to 60 square meter apartment in a non-prime but decent district in Graz in existing stock, or an existing small row house or duplex share in a regional town in older condition that may need energy efficiency upgrades.

With 300,000 dollars (roughly 254,500 euros) in Austria in January 2026, you have access to an existing 60 square meter apartment in Vienna's 11th district (Simmering) in existing condition with good commuter links, or an existing 70 to 75 square meter apartment in a good district in Linz in existing stock, or an existing small house around 90 to 110 square meters in rural Upper Austria in older condition that will likely need some renovation work.

For 500,000 dollars (around 424,200 euros) in Austria in January 2026, you could purchase an existing 75 square meter apartment in Vienna's 2nd district (Leopoldstadt) using the mid-range pricing for used units, or a newer 75 to 80 square meter apartment in Vienna's 22nd district (Donaustadt) in a more recent project, or an existing single-family house around 130 to 150 square meters in the Lower Austria commuter belt in decent condition.

With 1,000,000 dollars (roughly 848,500 euros) in Austria in January 2026, you can afford an existing 120 to 140 square meter apartment in Vienna's 19th district (Döbling) that has been renovated and is in the upper market segment, or a new-build 110 to 130 square meter apartment in Vienna's 4th district (Wieden) with high specifications and contemporary finishes, or a strong single-family house of 180 to 220 square meters in the Salzburg area (location-sensitive) in good condition.

For 2,000,000 dollars (around 1,696,900 euros) in Austria in January 2026, there is indeed a luxury market available, and you could buy a new-build 150 square meter or larger luxury unit in Vienna's 1st district (Innere Stadt) where true prime properties often reach or exceed 2 million euros, or a villa of 250 to 350 square meters in Vienna's 13th or 19th districts where the plot size and condition drive the price range, or a high-end chalet or second home in a top Alpine resort area with premium condition and stunning views.

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

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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.