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Property prices in Brittany & Normandy are currently stabilizing after years of growth, with coastal areas maintaining their premium status. As we reach mid-2025, the market is experiencing a balanced phase with prices averaging €2,050-€2,500 per square meter in Brittany and €2,200 in Normandy, though significant variations exist between coastal hotspots and inland areas. The combination of improved mortgage conditions, increased property listings, and economic uncertainty is creating a more favorable environment for buyers compared to the previous two years.
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Property prices in Brittany & Normandy have stabilized in 2025 after experiencing notable growth in recent years, particularly in coastal areas. The market is currently balanced, with mortgage rates improving to around 3% and increased inventory giving buyers more negotiating power.
While coastal properties in Saint-Malo and Deauville command premium prices up to €5,000/m², inland areas remain significantly more affordable. Economic factors and market conditions suggest prices will remain stable or decline slightly through 2025.
| Key Metric | Brittany | Normandy |
|---|---|---|
| Average Price/m² | €2,050-€2,500 | €2,200 |
| Coastal Premium Areas | Saint-Malo: €5,006/m² | Deauville: €4,780/m² |
| Recent Price Trend | +5.6% (2-year coastal) | +4% (2024 average) |
| Current Mortgage Rates | ~3% (15-year), 3.2% (20-year) | |
| 2025 Forecast | Stable to -2% decline | |
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
What are the current average property prices in Brittany & Normandy?
As of June 2025, property prices in Brittany & Normandy show significant variation depending on location and property type.
In Brittany, the median price per square meter stands at €2,749 for all properties, with new constructions averaging €2,801/m² and older properties at €2,622/m². The range typically falls between €2,050-€2,500/m² across the region.
Normandy maintains similar pricing levels with an average of €2,200/m². Houses in Normandy average €2,039/m², while apartments command higher prices at €2,881/m², reflecting the demand for urban properties in cities like Caen and Rouen.
Coastal areas in both regions command significant premiums. Saint-Malo in Brittany reaches €5,006/m², while Deauville in Normandy tops the charts at €4,780/m² for apartments. Rural inland areas offer more affordable options, sometimes below €2,000/m².
It's something we develop in our France property pack.
How have property prices changed in the past 12 months?
The property market in Brittany & Normandy has experienced a notable shift from rapid growth to stabilization over the past year.
In 2024, second-hand properties in Normandy appreciated by 4% on average, exceeding the national average despite a slowdown in transactions. This growth was particularly driven by demand from Parisians seeking second homes or relocating to the region.
Coastal properties in both regions saw stronger performance, with Brittany recording a 5.6% increase in coastal property prices over two years, while Normandy saw a 5.3% increase during the same period.
However, since late 2024 and into 2025, the market has cooled considerably. Economic challenges and higher interest rates have led to price stabilization and even slight declines in some areas. The number of property listings has increased, shifting the balance toward buyers.
Market data from early 2025 indicates that prices are now stable or declining slightly, marking the end of the strong growth phase that characterized the post-pandemic period.
Which specific areas are experiencing the fastest price growth?
Despite the overall market stabilization, certain areas in Brittany & Normandy continue to show resilience and growth potential.
Coastal towns remain the strongest performers in both regions. In Brittany, Saint-Malo leads with prices around €5,006/m², followed by premium destinations like La Trinité-sur-Mer and Quiberon. These areas benefit from limited supply and strong demand from both domestic and international buyers.
In Normandy, Deauville maintains its position as the most expensive market, with apartments averaging €4,780/m². Other coastal towns like Granville and Honfleur have also seen sustained price growth due to their appeal to second-home buyers.
| Location | Average Price/m² | Growth Trend |
|---|---|---|
| Saint-Malo (Brittany) | €5,006 | Strong coastal demand |
| Deauville (Normandy) | €4,780 | Premium resort status |
| Rennes (Brittany) | €3,500-4,000 | Urban growth center |
| Caen (Normandy) | €2,800-3,200 | Rising due to low inventory |
| Rural areas (both regions) | €1,500-2,000 | Stable, affordable |
Urban centers like Rennes in Brittany have experienced significant growth, with some years seeing increases up to 20.5%, though this has moderated recently. The city's appeal lies in its status as one of France's greenest cities with excellent transport links.
What is the current state of mortgage rates affecting buyers?
Mortgage conditions have improved significantly in 2025, providing relief to potential buyers after a challenging period of high rates.
As of June 2025, average mortgage rates in France have stabilized around 2.97% for 10-year loans, 3.08% for 15-year loans, 3.16% for 20-year loans, and 3.26% for 25-year loans. This represents a substantial improvement from the peak rates of over 4% seen in late 2023.
For borrowers with strong profiles and substantial down payments, negotiated rates can be even lower. The best rates available are 2.74% for 10-year loans, 2.85% for 15-year loans, and 2.95% for 20-year loans.
Banks have become more competitive and flexible in their lending criteria, using up to 15% of their 20% allowance for special mortgage cases. This increased flexibility particularly benefits first-time buyers and those with borderline qualification criteria.
The European Central Bank's monetary policy easing has contributed to this favorable lending environment, with expectations that rates could potentially fall to 2.50% by the end of 2025.
How does the supply and demand balance look currently?
The property market in Brittany & Normandy has shifted from a seller's market to a more balanced environment in 2025.
The number of property listings has increased significantly across both regions, providing buyers with more choices and stronger negotiating power. This increase in inventory has contributed to the stabilization of prices and, in some areas, slight declines.
Despite increased supply, demand remains robust in desirable locations, particularly coastal areas and well-connected urban centers. The market has become more segmented, with premium properties maintaining their value while less desirable locations face pricing pressure.
Short-term rental properties in both regions maintained an impressive 85% occupancy rate in 2024, indicating continued strong demand from tourists. This high occupancy supports property values in tourist-favored areas.
The current market conditions favor buyers who now have more time to make decisions, greater choice in properties, and improved negotiating positions compared to the heated market of 2021-2023.
What are the property price forecasts for 2026?
Market analysts and real estate professionals predict a period of stability with modest adjustments for Brittany & Normandy property prices through 2025 and into 2026.
The consensus forecast suggests property prices will remain stable or experience a slight decline of 2-4% in 2025, with potential stabilization and gradual recovery beginning in 2026. This outlook is based on several key factors affecting the market.
Economic uncertainty, including concerns about inflation and global economic conditions, is expected to continue dampening buyer confidence in the short term. However, the fundamental appeal of these regions remains strong.
Government initiatives aimed at revitalizing rural areas and improving infrastructure could provide support for property values in the medium term. The extension of the PTZ (zero-interest loan) program for new builds also supports market activity.
Long-term prospects remain positive due to continued interest from retirees, remote workers, and international buyers seeking the quality of life these regions offer. The regions' proximity to Paris and excellent transport links maintain their attractiveness.
Which property types are seeing the strongest demand?
Market trends in 2025 show clear preferences among buyers in Brittany & Normandy, with certain property types outperforming others.
Coastal properties with outdoor spaces have become highly desirable following the pandemic. Properties featuring terraces, balconies, or gardens near the coast command premium prices and sell more quickly than those without these amenities.
Energy-efficient homes are increasingly sought after, driven by rising energy costs and environmental consciousness. Properties with modern insulation, solar panels, and high energy ratings attract more interest and better prices.
- Tech-smart homes with modern conveniences and remote work capabilities
- Charming countryside properties offering tranquility and space
- Renovated stone farmhouses maintaining authentic character
- Modern apartments in city centers with good transport links
- Properties with income potential through gîtes or chambres d'hôtes
Rural properties have seen increased demand from buyers seeking more space and a better work-life balance, particularly those who can work remotely. However, properties requiring extensive renovation face longer selling times unless priced accordingly.
How has remote work influenced the property market?
The remote work revolution has significantly impacted property demand patterns in Brittany & Normandy since 2020.
Digital nomads and remote workers from Paris and other major cities have driven demand for properties offering more space, better quality of life, and lower costs compared to urban centers. This trend has particularly benefited rural and coastal areas previously considered too remote for daily commuting.
Properties with dedicated home office spaces or potential for conversion have become more valuable. High-speed internet availability has become a crucial factor in property desirability, with well-connected rural areas seeing stronger demand.
The influx of remote workers has supported property prices in smaller towns and villages, reversing decades of rural decline in some areas. Towns within 3 hours of Paris by TGV have been particularly popular.
This trend shows signs of continuing, with employers increasingly accepting flexible work arrangements. However, the pace of remote work-driven demand has moderated compared to the immediate post-pandemic period.
We made this infographic to show you how property prices in France 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 role do international buyers play in the market?
International buyers continue to be a significant force in the Brittany & Normandy property market, though their impact varies by location.
British buyers historically dominated the international market in these regions, particularly in rural areas of Brittany and coastal Normandy. Despite Brexit complications, they remain active, drawn by the regions' proximity to the UK and relatively affordable prices.
Belgian, Dutch, and German buyers have increased their presence, particularly in Normandy's coastal areas. American buyers tend to focus on prestige properties in well-known destinations like Deauville and Saint-Malo.
International demand has helped support prices in tourist-favored areas and contributed to the 85% occupancy rate for short-term rentals. However, the impact is more localized than in previous years.
It's something we develop in our France property pack.
How do prices compare to other French regions?
Brittany & Normandy remain among the more affordable regions in France, offering good value compared to other popular destinations.
Property prices in these regions are approximately 56% cheaper than in the South of France and significantly lower than in Paris, where prices average €9,468/m². This affordability makes them attractive for both primary residences and investment properties.
| Region | Average Price/m² | Comparison to Brittany & Normandy |
|---|---|---|
| Paris | €9,468 | 3.5-4x more expensive |
| Provence-Côte d'Azur | €4,500-6,000 | 2-2.5x more expensive |
| Brittany & Normandy | €2,050-2,500 | Baseline |
| Loire Valley | €1,800-2,200 | Similar to slightly cheaper |
| Central France | €1,200-1,800 | 30-40% cheaper |
The value proposition is particularly strong when considering quality of life factors. Brittany & Normandy offer coastal access, rich cultural heritage, excellent healthcare, and good transport links at prices substantially below premium French destinations.
What are the main risks for property prices going forward?
Several factors could contribute to further price adjustments in Brittany & Normandy's property market.
Economic uncertainty remains the primary risk, with concerns about inflation, potential recession, and global economic instability affecting buyer confidence. Rising interest rates, though stabilizing, have already reduced purchasing power compared to the ultra-low rates of 2020-2021.
Changes in tax policy present another risk. The 2025 French finance law increased property transfer taxes by 0.5 percentage points for most buyers, raising transaction costs. Further tax changes could impact market dynamics.
Oversupply in certain areas, particularly less desirable inland locations, could lead to price pressures. The increase in property listings suggests some sellers are eager to exit, potentially leading to competitive pricing.
Climate change considerations increasingly influence coastal property values, with buyers becoming more aware of long-term risks to seafront properties. This could affect premium coastal markets over time.
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Should you wait or buy now in Brittany & Normandy?
The current market conditions in Brittany & Normandy present opportunities for buyers who have been waiting for a more balanced market.
With mortgage rates improving to around 3% and likely to decrease further, financing conditions are becoming more favorable. The increased inventory provides better choice and negotiating power compared to the competitive market of recent years.
For buyers seeking primary residences or long-term investments, the current stabilization offers a good entry point without the pressure of rapidly rising prices. Coastal and premium properties remain resilient, suggesting quality assets maintain value.
However, investors seeking quick capital appreciation may want to wait for clearer signs of market recovery. The forecast of stable to slightly declining prices through 2025 suggests patience might yield better opportunities.
The decision ultimately depends on individual circumstances, with lifestyle buyers potentially finding current conditions ideal, while pure investors might benefit from monitoring market developments through 2025.
Conclusion
No, they are stable.
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Property prices in Brittany & Normandy have entered a phase of stabilization after years of growth, creating a more balanced market that favors buyers. While coastal premium locations maintain their value, the overall market offers opportunities for those who have been priced out during the recent boom.
The combination of improved mortgage conditions, increased inventory, and realistic seller expectations makes 2025 an interesting time for property transactions in these regions. Long-term prospects remain positive due to lifestyle appeal and demographic trends, but short-term price appreciation is unlikely.
Sources
- 10 stats for the Brittany & Normandy property market in 2025 – Investropa
- 15 forecasts for real estate in Brittany & Normandy in 2025 – Investropa
- French property: Analysis of the market january 2023 | Notaires de France
- French Mortgage Rates in June 2025 - Capifrance
- House prices in France 2024 - Long Term Rentals in France
- French property: What to know about buying a second home in Brittany or Normandy
- French Mortgage Rates Drop: Opportunities for Buyers - Connexion France
- Brittany Property Market and Trends - French Property
- French Property Market Outlook 2025 - Esales International
- Property prices could dip in Brittany & Normandy in 2025 – Investropa