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

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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 Hungary. If you’d like to learn more about us, you can check our presentation page.

What is the average housing price in Hungary in 2026?

The median housing price in Hungary in 2026 is often more useful than the average price because the average is pushed up by expensive Budapest homes and luxury properties.

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

The estimated median housing price in Hungary in 2026 is about HUF 37 million, which is roughly USD 120,000 or EUR 104,000.

The estimated average housing price in Hungary in 2026 is about HUF 49 million, which is roughly USD 158,000 or EUR 138,000.

For about 80% of residential properties in Hungary in 2026, a realistic price range is HUF 18 million to HUF 115 million, or about USD 58,000 to USD 371,000 and EUR 51,000 to EUR 324,000.

A realistic entry range in Hungary in 2026 is HUF 18 million to HUF 32 million, or about USD 58,000 to USD 103,000 and EUR 51,000 to EUR 90,000, which can buy an existing 45 to 55 sq m panel flat in Miskolc, outer Pécs or a smaller county-seat area.

A typical luxury property in Hungary in 2026 usually costs HUF 160 million to HUF 500 million or more, equal to about USD 517,000 to USD 1.62 million or more and EUR 450,000 to EUR 1.41 million or more, which can buy a renovated apartment, villa-style flat or Danube-view home in prime Budapest.

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

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

In Hungary in 2026, listed residential property prices are usually about 6% above final sale prices.

This gap exists because 2025 price growth made many sellers optimistic, while buyers became more selective in early 2026.

The gap is smallest for good Budapest flats and largest for overpriced detached houses, renovation-heavy homes and properties outside the most liquid neighborhoods.

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

As of 2026, the estimated median housing price in Hungary is about HUF 760,000 per sq m, or USD 2,450 and EUR 2,140 per sq m, which equals about HUF 70,600 per sq ft, or USD 228 and EUR 199 per sq ft.

The estimated average housing price in Hungary in 2026 is about HUF 850,000 per sq m, or USD 2,745 and EUR 2,390 per sq m, which equals about HUF 79,000 per sq ft, or USD 255 and EUR 222 per sq ft.

The highest prices per sq m in Hungary in 2026 are usually for small renovated or new-build apartments in prime Budapest, while the lowest prices are usually for older detached houses in smaller towns and villages because buyer demand and local incomes are weaker there.

The highest price per sq m in Hungary in 2026 is usually found in Budapest District V, District I, District II, District XII, Gellérthegy, Rózsadomb, Újlipótváros and prime Danube-view areas, often from HUF 1.8 million to HUF 3.7 million or more per sq m.

The lowest price per sq m is usually found in villages and smaller towns in Northern Hungary, the Northern Great Plain and Southern Transdanubia, often from HUF 180,000 to HUF 350,000 per sq m.

How have property prices evolved in Hungary?

Compared with one year earlier, Hungary property prices in 2026 are estimated to be about 18% to 22% higher in nominal HUF terms.

The main reason is that subsidised lending, stronger demand and tight supply pushed many buyers into the market at the same time.

Compared with two years earlier, Hungary property prices in 2026 are much higher, especially in Budapest and strong regional cities.

The rise came from the same mix of credit support, wage growth, low new-home supply and buyers competing for good-quality homes.

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

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 Hungary.

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

In Hungary in 2026, the residential market is roughly 34% existing brick apartments, 32% existing detached houses, 20% existing panel flats, 6% new-build apartments, 3% new detached or semi-detached houses and 5% other residential stock because most transactions are still second-hand homes.

An existing detached house in Hungary in 2026 averages around HUF 36 million, or USD 116,000 and EUR 101,000, while an existing brick apartment averages around HUF 58 million, or USD 187,000 and EUR 163,000.

An existing panel flat averages around HUF 46 million, or USD 149,000 and EUR 129,000, while a new-build apartment averages around HUF 88 million, or USD 284,000 and EUR 248,000.

A new detached or semi-detached home averages around HUF 105 million, or USD 339,000 and EUR 295,000, while prime Budapest luxury homes often start around HUF 250 million, or USD 807,000 and EUR 703,000.

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

• How much should you pay for a house in Hungary?

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

In Hungary in 2026, new homes cost roughly 70% to 90% more per sq m than existing homes nationally.

This premium is high because new homes offer better energy performance and lower renovation risk, but developers also face expensive land, labour and construction materials.

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

In Budapest District V, buyers mostly find renovated apartments, heritage buildings and Danube-view flats, with typical prices from HUF 120 million to HUF 250 million, or about USD 388,000 to USD 807,000 and EUR 338,000 to EUR 703,000.

District V is expensive because it is central, walkable, prestigious and easy to resell.

In Budapest District XIII, buyers find new-build apartments, renovated flats and practical homes near offices and transport, with typical prices from HUF 80 million to HUF 150 million, or about USD 258,000 to USD 484,000 and EUR 225,000 to EUR 422,000.

District XIII is popular because it combines strong rental demand, Danube access and more modern housing stock than many central districts.

In Budapest District II and District XII, buyers find family apartments, villa-style homes and embassy-area properties, with typical prices from HUF 150 million to HUF 500 million or more, or about USD 484,000 to USD 1.62 million or more and EUR 422,000 to EUR 1.41 million or more.

These Buda areas are expensive because they are green, quiet, prestigious and close to international schools.

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

Area in Hungary	Market label	Typical total price	Typical price per sq m	Typical price per sq ft
Budapest District V / Belváros	Prime central	HUF 110m to 260m / USD 355k to 840k	HUF 1.8m to 2.8m / USD 5,810 to 9,040	HUF 167k to 260k / USD 540 to 840
Budapest District I / Castle area	Prestige heritage	HUF 120m to 300m / USD 388k to 969k	HUF 1.8m to 3.0m / USD 5,810 to 9,690	HUF 167k to 279k / USD 540 to 900
Budapest District II / Rózsadomb	Luxury family	HUF 160m to 500m / USD 517k to 1.62m	HUF 1.7m to 3.2m / USD 5,490 to 10,330	HUF 158k to 297k / USD 510 to 960
Budapest District XII	Green Buda	HUF 140m to 450m / USD 452k to 1.45m	HUF 1.5m to 2.8m / USD 4,840 to 9,040	HUF 139k to 260k / USD 449 to 840
Budapest District XIII	Popular new-build	HUF 70m to 160m / USD 226k to 517k	HUF 1.3m to 2.1m / USD 4,200 to 6,780	HUF 121k to 195k / USD 390 to 630
Budapest District VI	Central lifestyle	HUF 75m to 180m / USD 242k to 581k	HUF 1.4m to 2.4m / USD 4,520 to 7,750	HUF 130k to 223k / USD 420 to 720
Budapest District IX	Regeneration	HUF 60m to 140m / USD 194k to 452k	HUF 1.2m to 1.9m / USD 3,880 to 6,140	HUF 111k to 177k / USD 360 to 570
Budapest District VIII	Inner-city value	HUF 45m to 120m / USD 145k to 388k	HUF 1.0m to 1.6m / USD 3,230 to 5,170	HUF 93k to 149k / USD 300 to 480
Budapest District XV / XVIII	Entry Budapest	HUF 40m to 95m / USD 129k to 307k	HUF 800k to 1.25m / USD 2,580 to 4,040	HUF 74k to 116k / USD 239 to 375
Debrecen	Regional growth	HUF 45m to 120m / USD 145k to 388k	HUF 750k to 1.25m / USD 2,420 to 4,040	HUF 70k to 116k / USD 226 to 375
Szeged	University city	HUF 38m to 95m / USD 123k to 307k	HUF 650k to 1.05m / USD 2,100 to 3,390	HUF 60k to 98k / USD 194 to 316
Miskolc / Pécs value areas	Affordable	HUF 18m to 65m / USD 58k to 210k	HUF 300k to 750k / USD 969 to 2,420	HUF 28k to 70k / USD 90 to 226

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

In Hungary in 2026, buyers should usually add about 6% to 9% above the purchase price for taxes and fees before renovation, and about 15% to 35% if renovation is needed.

For a property bought around USD 200,000, or about HUF 62 million, taxes and fees can add roughly HUF 4 million to HUF 6 million before renovation.

With a moderate renovation, the total cost can move closer to HUF 72 million to HUF 82 million, or about USD 232,000 to USD 265,000.

For a property bought around USD 500,000, or about HUF 155 million, taxes and fees can add roughly HUF 10 million to HUF 14 million before renovation.

With a moderate renovation, the total cash need can often reach HUF 180 million to HUF 205 million, or about USD 581,000 to USD 662,000.

For a property bought around USD 1,000,000, or about HUF 310 million, taxes and fees can add roughly HUF 20 million to HUF 28 million before renovation.

With a larger renovation or fit-out, the final cost can easily reach HUF 360 million to HUF 430 million, or about USD 1.16 million to USD 1.39 million.

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

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

Extra cost	Type	Estimated cost range in Hungary in 2026
Property transfer duty	Tax	Usually 4% of market value for a normal purchase. On a HUF 50 million home, that is about HUF 2 million, or about USD 6,500. Some exemptions or reductions may apply, so buyers should check the exact case before signing.
Legal fee	Fee	Often about 0.5% to 1.0% of the price. Many purchases also have a minimum fee, often around HUF 250,000 to HUF 500,000, or about USD 800 to USD 1,600. The exact amount depends on the lawyer and the complexity of the deal.
Land registry and administration	Fee	Usually a small cost compared with the purchase price. A realistic budget is HUF 20,000 to HUF 100,000, or about USD 65 to USD 325. Buyers should still include this because it is part of closing the transaction.
Valuation, bank and mortgage costs	Financing	Often around HUF 150,000 to HUF 800,000, or about USD 485 to USD 2,600. This applies mostly when the buyer uses a mortgage. Bank fees vary by lender and loan structure.
Technical survey	Due diligence	A survey often costs around HUF 80,000 to HUF 300,000, or about USD 260 to USD 970. It is especially useful for older Budapest buildings, detached houses and homes needing renovation. This small cost can prevent a much larger mistake.
Light renovation	Renovation	A light refresh can cost around HUF 100,000 to HUF 250,000 per sq m, or about USD 323 to USD 807 per sq m. This may include painting, basic flooring and small repairs. It does not usually include major electrical or plumbing work.
Medium renovation	Renovation	A medium renovation can cost around HUF 250,000 to HUF 500,000 per sq m, or about USD 807 to USD 1,615 per sq m. This can include kitchens, bathrooms and some technical upgrades. It is common in older city apartments.
Heavy renovation	Renovation	A heavy renovation can cost HUF 500,000 to HUF 900,000 or more per sq m, equal to about USD 1,615 to USD 2,906 or more per sq m. Old Budapest buildings can become expensive when wiring, heating, windows and layout changes are needed. Buyers should leave a large safety margin.
Furniture and basic fit-out	Fit-out	A simple fit-out can add about 3% to 8% of the purchase price. This depends on whether the home is for personal use, rental use or premium use. Imported furniture and built-in kitchens can push the budget higher.
New-build VAT	Tax	Qualifying new residential properties can benefit from a 5% VAT rate. In practice, VAT is usually included in the developer’s price, so buyers do not always see it as a separate line. It still matters when comparing new homes with existing homes.

We made this infographic to show you how property prices in Hungary 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 Hungary in 2026 with different budgets?

With USD 100,000, or about HUF 31 million, there is a real market in Hungary in 2026, mostly for an existing 45 to 55 sq m panel flat in Miskolc Avas, an existing 40 to 50 sq m flat in outer Pécs or a small 70 to 100 sq m detached house needing renovation in a Northern Hungary village.

With USD 200,000, or about HUF 62 million, a buyer can target an existing 55 to 65 sq m panel flat in Budapest District XV, XVIII or XXI, an existing 65 to 80 sq m brick apartment in Szeged or Pécs, or a 90 to 120 sq m family house in a secondary town near Győr, Kecskemét or Pécs.

With USD 300,000, or about HUF 93 million, a buyer can target an existing 55 to 65 sq m brick apartment in Budapest District VIII, IX or XI, a new-build 45 to 55 sq m apartment in Budapest District XIII or IX, or a 100 to 140 sq m detached house in a strong county seat or commuter town.

With USD 500,000, or about HUF 155 million, a buyer can target a renovated 75 to 95 sq m apartment in Budapest District V, VI, XI or XIII, a new-build 70 to 85 sq m apartment in Budapest District XIII, XI or IX, or a 120 to 180 sq m family house in outer Buda or the Budapest commuter belt.

With USD 1,000,000, or about HUF 310 million, a buyer is firmly in the Hungary luxury market and can target a large renovated 120 to 160 sq m apartment in District V or District I, a 140 to 220 sq m villa-style home in District II or XII, or a high-quality 180 to 300 sq m villa near Lake Balaton.

With USD 2,000,000, or about HUF 619 million, the market is thin but real, mostly for a 250 to 450 sq m luxury villa in District II or XII, a 180 to 300 sq m Danube-view penthouse in District V or District I, or a prime 250 to 500 sq m Lake Balaton villa.

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

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 Hungary, 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 used	Why we trust it	How we used it for this Hungary article
Hungarian Central Statistical Office / KSH housing statistics	KSH is Hungary’s official statistics agency, so it is the core source for residential transaction data.	We used it as the anchor for national housing prices in Hungary. We treated KSH data as stronger than listing data because KSH is based on observed market activity.
KSH STADAT 18.1.1.14	This official KSH table gives annual dwelling prices by property type.	We used it to estimate average prices for existing and new homes. We also used it to compare detached houses, condominiums and housing-estate flats.
KSH STADAT 18.2.2.13	This official quarterly table helps show regional and settlement-level price differences.	We used the latest available quarterly values as a hard transaction base. We then adjusted these figures carefully for the 2026 market context.
KSH STADAT 18.2.2.17	This official KSH table gives price-per-sq-m data by region and building type.	We used it to estimate national and Budapest price-per-sq-m levels. We also used it to compare apartments, panel flats and detached houses.
Magyar Nemzeti Bank Housing Market Report, May 2026	MNB is Hungary’s central bank and its housing report is a key policy-level market source.	We used it to update the market picture to early 2026. We also used it to explain the effect of subsidised lending and strong 2025 price growth.
MNB exchange rates	MNB publishes official exchange-rate data for the Hungarian forint.	We used HUF 309.65 per USD and HUF 355.55 per EUR as our working conversion rates. We kept property estimates in HUF first, then rounded foreign-currency values.
European Central Bank EUR/HUF reference rates	The ECB is an official central-bank source for euro reference rates.	We used the ECB data to cross-check our euro conversion basis. We still kept the main market analysis in HUF because Hungarian property is priced in forints.
KSH publication using Eurostat house price index data	Eurostat gives comparable European housing price index data, and KSH republishes Hungary’s comparison.	We used it to compare Hungary’s housing price growth with the EU context. We also used it to show that Hungary remained a fast-rising European market.
Budapest Business Journal report on Otthon Centrum data	Budapest Business Journal reports business and real estate data from known Hungarian market participants.	We used it as a live-market cross-check for Budapest new-build asking prices. We did not use it as the national anchor because agency data is narrower than KSH data.
Duna House Barometer	Duna House is one of Hungary’s major brokerage networks and publishes regular housing-market reports.	We used it to understand negotiation behavior and market liquidity. We used it mainly where official statistics do not show listing-to-closing discounts.
NAV guidance on property transfer duty	NAV is Hungary’s tax authority, so it is the primary source for buyer transfer duty rules.	We used it for the standard 4% property transfer duty rule. We then combined that with practical buyer costs such as legal and registry fees.
NAV guidance on 5% VAT for new dwellings	NAV is the primary official source for VAT rules in Hungary.	We used it to explain that qualifying new residential property can use a reduced 5% VAT rate. We treated VAT as usually embedded in developer prices, not as a simple add-on.