Buying real estate in Hungary?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

How much do houses cost now in Hungary? (2026)

Last updated on 

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

buying property foreigner Hungary

Everything you need to know before buying real estate is included in our Hungary Property Pack

If you're thinking about buying a house in Hungary, understanding the local market is essential because prices vary dramatically between Budapest and the countryside.

This guide breaks down everything from median prices to hidden costs, so you can budget realistically and avoid surprises.

We constantly update this blog post to reflect the latest transaction data and market shifts.

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 Hungary.

How much do houses cost in Hungary as of 2026?

What's the median and average house price in Hungary as of 2026?

As of early 2026, the median house price in Hungary outside Budapest sits around HUF 40 to 45 million (roughly €105,000 to €115,000 or $115,000 to $125,000), while the average runs higher at about HUF 45 to 55 million (€115,000 to €140,000 or $125,000 to $155,000).

About 80% of house sales in Hungary fall within a range of HUF 25 million to HUF 90 million (€65,000 to €230,000 or $70,000 to $250,000), though Budapest properties push the upper end much higher.

The gap between median and average house prices in Hungary reveals that expensive properties, especially in Budapest's Buda hills, pull the average upward, which is a classic sign of price skew in real estate markets.

At the median price of around HUF 42 million in Hungary, you can realistically expect a solid brick house of about 80 to 100 square meters in a regional town, typically with 2 to 3 bedrooms and a small garden plot.

Sources and methodology: we combined official transaction data from KSH Ingatlanadattár with the latest market snapshots from Duna House Barometer Q4 2025 and cross-checked trends against the MNB Housing Market Report. We also draw on our own proprietary data and analyses to fill gaps between official reporting periods.

What's the cheapest livable house budget in Hungary as of 2026?

As of early 2026, the minimum budget for a livable house in Hungary starts around HUF 20 to 30 million (€50,000 to €75,000 or $55,000 to $85,000) in lower-demand countryside areas, while better-connected towns require HUF 30 to 45 million (€75,000 to €115,000 or $85,000 to $125,000).

"Livable" at this entry-level price point in Hungary typically means the house has functional heating, a sound roof, legal documentation in order, and basic utilities connected, though you should expect older finishes and possibly some deferred maintenance.

These cheapest livable houses in Hungary are usually found in northern and eastern regions like parts of Nógrád and Borsod-Abaúj-Zemplén counties, as well as smaller settlements far from major employment centers.

Wondering what you can get? We cover all the buying opportunities at different budget levels in Hungary here.

Sources and methodology: we used KSH Ingatlanadattár transaction records to identify the floor prices in weaker-demand regions and validated these against Duna House regional price breakdowns. Our own market monitoring helps us distinguish truly livable stock from derelict properties that would need major renovation.

How much do 2 and 3-bedroom houses cost in Hungary as of 2026?

As of early 2026, a typical 2-bedroom house in Hungary outside Budapest costs around HUF 35 to 45 million (€90,000 to €115,000 or $100,000 to $125,000), while a 3-bedroom house runs about HUF 50 to 65 million (€130,000 to €165,000 or $140,000 to $180,000).

The realistic price range for a 2-bedroom house in Hungary spans from HUF 33 million to HUF 51 million (€85,000 to €130,000 or $90,000 to $140,000), depending heavily on whether you're looking in the eastern or western part of the country.

For a 3-bedroom house in Hungary, expect to pay between HUF 44 million and HUF 71 million (€115,000 to €180,000 or $125,000 to $195,000), with western regions and commuter towns commanding prices at the higher end of this range.

The typical price premium when moving from a 2-bedroom to a 3-bedroom house in Hungary is around 30% to 45%, reflecting the extra 25 to 40 square meters of living space that comes with the additional bedroom.

Sources and methodology: we calculated these ranges using per-square-meter prices from Duna House Barometer (HUF 437,000 to 507,000 per square meter for brick houses) applied to typical room sizes. We cross-referenced with KSH STADAT housing tables and our internal transaction database for validation.

How much do 4-bedroom houses cost in Hungary as of 2026?

As of early 2026, a typical 4-bedroom house in Hungary outside Budapest costs around HUF 70 to 100 million (€180,000 to €255,000 or $195,000 to $280,000), though Budapest properties at this size start at HUF 120 million (€310,000 or $335,000) and climb steeply from there.

The realistic price range for a 5-bedroom house in Hungary sits between HUF 80 million and HUF 130 million (€205,000 to €335,000 or $220,000 to $365,000) outside Budapest, while in the capital you should budget HUF 180 million or more (€460,000+ or $500,000+).

For a 6-bedroom house in Hungary, prices typically range from HUF 105 million to HUF 165 million (€270,000 to €420,000 or $295,000 to $460,000) in regional areas, but in prime Budapest districts like District II or XII, these large family homes can exceed HUF 400 million (€1 million or $1.1 million).

Please note that we give much more detailed data in our pack about the property market in Hungary.

Sources and methodology: we extrapolated from Duna House per-square-meter prices applied to typical 4 to 6-bedroom floor plans (140 to 320 square meters). We validated Budapest premiums against MNB Housing Market Report insights on Buda-side scarcity. Our own analyses help calibrate the premium districts.

How much do new-build houses cost in Hungary as of 2026?

As of early 2026, a typical new-build house in Hungary costs around HUF 55 to 75 million (€140,000 to €190,000 or $155,000 to $210,000) outside Budapest, while new-build houses in the Budapest metro area start at roughly HUF 90 million (€230,000 or $250,000) and go significantly higher.

New-build houses in Hungary carry a premium of about 15% to 35% compared to older resale houses of similar size and location, with the higher end of this range applying to Budapest and its commuter belt where modern energy-efficient homes are in strong demand.

Sources and methodology: we derived new-build premiums from MNB Housing Market Report diagnostics on new versus used price dynamics and compared with late-2025 transaction data from Duna House. Our proprietary research tracks builder pricing trends to keep these estimates current.

How much do houses with land cost in Hungary as of 2026?

As of early 2026, a typical house with a generous plot in Hungary costs about 10% to 40% more than a similar house on a standard small plot, meaning a countryside house with significant land might run HUF 50 to 70 million (€130,000 to €180,000 or $140,000 to $195,000) compared to HUF 40 to 50 million for one with a basic garden.

In Hungary, a "house with land" typically means a plot of 900 to 2,000 square meters or more, since standard plots of 300 to 700 square meters are already included in normal house pricing without a separate premium.

Sources and methodology: we analyzed how plot size affects transaction prices using KSH Ingatlanadattár data and regional breakdowns from Duna House. Premium locations like Buda hills and Balaton towns were validated against MNB market commentary and our internal land-value research.

Where are houses cheapest and most expensive in Hungary as of 2026?

Which neighborhoods have the lowest house prices in Hungary as of 2026?

As of early 2026, the lowest house prices in Hungary are found in northern and eastern regions such as parts of Nógrád county, Borsod-Abaúj-Zemplén county, and smaller settlements in Szabolcs-Szatmár-Bereg county far from major job centers.

In these cheapest areas of Hungary, typical house prices range from HUF 15 million to HUF 30 million (€40,000 to €75,000 or $45,000 to $85,000), making them attractive for buyers with limited budgets or those seeking renovation projects.

The main reason these neighborhoods have the lowest house prices in Hungary is persistent population decline and limited local employment, which reduces demand and keeps prices depressed even as other parts of the country see gains.

Sources and methodology: we identified low-price regions using KSH Ingatlanadattár regional transaction data and cross-checked with Duna House East versus West price comparisons. Our demographic analysis helps explain why certain areas remain affordable.

Which neighborhoods have the highest house prices in Hungary as of 2026?

As of early 2026, the three neighborhoods with the highest house prices in Hungary are Budapest's District II (Rózsadomb and Pasarét), District XII (Svábhegy and Normafa), and District I (Castle District area), all located on the prestigious Buda side of the capital.

In these most expensive Budapest neighborhoods, typical house prices range from HUF 110 million to well over HUF 200 million (€280,000 to €510,000+ or $305,000 to $560,000+), with exceptional properties in prime positions exceeding HUF 400 million (€1 million or $1.1 million).

The main reason these neighborhoods command the highest house prices in Hungary is severe supply scarcity, as detached homes with large plots in the Buda hills are extremely limited and cannot be replicated, creating permanent upward pressure on values.

The typical buyer in these premium Budapest neighborhoods is either a wealthy Hungarian professional, a successful entrepreneur, or a foreign executive seeking proximity to international schools and diplomatic circles.

Sources and methodology: we identified premium districts using Duna House Buda versus Pest price differentials and validated with MNB Housing Market Report insights on structural scarcity. Our expat client data helps profile buyer demographics in these areas.

How much do houses cost near the city center in Hungary as of 2026?

As of early 2026, houses near Budapest's city center (including central-adjacent areas in Districts I, V, and parts of XI and XII) typically cost HUF 90 million to HUF 180 million (€230,000 to €460,000 or $250,000 to $500,000), though true detached houses in the core are rare and command premiums.

Houses near major transit hubs in Budapest, particularly those served by M2, M4 metro lines, or HÉV commuter rail, typically cost HUF 70 million to HUF 130 million (€180,000 to €335,000 or $195,000 to $365,000), with the premium depending more on district prestige than transit proximity alone.

Houses near top-rated international schools in Hungary, such as the American International School of Budapest (Nagykovácsi), British International School Budapest (District III), and International School of Budapest (District XII), typically cost HUF 100 million to HUF 200 million (€255,000 to €510,000 or $280,000 to $560,000) given their location in upscale suburban and hills areas.

Houses in expat-popular areas of Hungary, including District II (Pasarét, Rózsadomb), District XII (Svábhegy), District III (Óbuda hills area), and commuter towns like Budaörs and Szentendre, typically cost HUF 90 million to HUF 180 million (€230,000 to €460,000 or $250,000 to $500,000).

We actually have an updated expat guide for Hungary here.

Sources and methodology: we mapped premium areas using Duna House district-level data and international school locations from public directories. Transit access was cross-referenced with MNB demand analysis and our expat client feedback.

How much do houses cost in the suburbs in Hungary as of 2026?

As of early 2026, a typical house in Budapest's outer districts or Pest county commuter towns costs around HUF 60 million to HUF 110 million (€155,000 to €280,000 or $170,000 to $305,000), offering more space for the money than central Budapest.

The typical price difference between suburban houses and city-center houses in Hungary is about 30% to 50% lower for suburbs, meaning a family can get a larger home with a garden for roughly HUF 40 million to HUF 60 million less than a comparable central-adjacent property.

The most popular suburbs for house buyers in Hungary include Budaörs, Szentendre, Érd, and Dunakeszi on the Buda and north Pest sides, as well as outer Budapest districts like XVI, XVII, and XXII which combine reasonable prices with decent transport links.

Sources and methodology: we analyzed suburban pricing using Duna House country versus Budapest splits and KSH Ingatlanadattár Pest county data. Our client transaction records help identify which commuter towns are most active.

What areas in Hungary are improving and still affordable as of 2026?

As of early 2026, the top improving yet still affordable areas for house buyers in Hungary include outer Budapest districts like X (Kőbánya), XVII, and XVIII (Pestszentlőrinc), as well as regional cities with growing job markets such as Debrecen, Szeged, and Győr.

Current typical house prices in these improving areas of Hungary range from HUF 45 million to HUF 75 million (€115,000 to €190,000 or $125,000 to $210,000), which is well below prime Budapest but above the cheapest rural regions.

The main sign of improvement driving buyer interest in these areas is infrastructure investment, such as metro extensions, industrial park expansions (notably in Debrecen), and university-driven economic activity that brings younger residents and retail development.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Hungary.

Sources and methodology: we identified improving areas using MNB Housing Market Report regional demand analysis and infrastructure announcements. Price levels come from Duna House regional data, supplemented by our tracking of new development permits.

What extra costs should I budget for a house in Hungary right now?

What are typical buyer closing costs for houses in Hungary right now?

The estimated typical total closing cost for house buyers in Hungary is around 5% to 7% of the purchase price, covering all mandatory fees, taxes, and standard professional services.

The main closing cost categories in Hungary include property acquisition duty (illeték) at 4% of the property value, land registry fees of roughly HUF 20,000 to 70,000 (€50 to €180 or $55 to $195), and legal fees typically running 0.5% to 1% of the purchase price.

The single largest closing cost for house buyers in Hungary is the property acquisition duty (visszterhes vagyonátruházási illeték), which at 4% of the property value can amount to HUF 2 million to HUF 5 million (€5,000 to €13,000 or $5,500 to $14,000) on a typical house purchase.

We cover all these costs and what are the strategies to minimize them in our property pack about Hungary.

Sources and methodology: we sourced duty rates from NAV (National Tax Authority) and land registry fees from the National Legislation Database (NJT). Legal fee ranges reflect market practice validated through our network of Hungarian property lawyers.

How much are property taxes on houses in Hungary right now?

The estimated typical annual property tax for a house in Hungary is relatively low compared to Western Europe, often ranging from HUF 0 to HUF 150,000 (€0 to €385 or $0 to $420) depending on the municipality, though some districts may charge more.

Property tax in Hungary is calculated at the municipal level through building tax (építményadó) and sometimes communal tax, with rates and exemptions varying significantly by local government, so buyers must check the specific rules of their target municipality.

If you want to go into more details, we also have a page with all the property taxes and fees in Hungary.

Sources and methodology: we compiled property tax information from municipal tax regulations and NAV guidance booklets. We cross-checked with MNB ownership cost frameworks and our own database of client tax bills across different districts.

How much is home insurance for a house in Hungary right now?

The estimated typical annual home insurance cost for a house in Hungary is around HUF 60,000 to 80,000 (€155 to €205 or $170 to $225), though premiums can vary based on coverage level, property value, and location.

The main factors affecting home insurance premiums for houses in Hungary include the property's size and construction type, its location and flood risk, the level of coverage chosen, and the insurer's product positioning (budget versus comprehensive).

Sources and methodology: we sourced insurance cost benchmarks from the MNB Home Insurance Index and its quarterly infographics. We validated these against actual client policies and MNB Q2 2025 data.

What are typical utility costs for a house in Hungary right now?

The estimated typical total monthly utility cost for a house in Hungary is around HUF 35,000 to 90,000 (€90 to €230 or $100 to $250), depending heavily on the house size, insulation quality, and heating system efficiency.

The breakdown of main utility categories for houses in Hungary typically includes electricity at HUF 10,000 to 25,000 per month (€25 to €65 or $30 to $70), gas heating at HUF 15,000 to 50,000 per month (€40 to €130 or $45 to $140), water at HUF 5,000 to 10,000 per month (€13 to €25 or $15 to $30), and waste collection at HUF 3,000 to 5,000 per month (€8 to €13 or $10 to $15).

Sources and methodology: we based utility cost ranges on the KSH HCSO Monitor (Energy) which cites MEKH (Hungarian Energy Regulator) data for household energy prices. Our client surveys help calibrate seasonal variation and house-size effects.

What are common hidden costs when buying a house in Hungary right now?

The estimated total of common hidden costs that house buyers in Hungary often overlook can range from HUF 500,000 to several million forints (€1,300 to €10,000+ or $1,400 to $11,000+), depending on the property's age and condition.

Typical inspection fees for house buyers in Hungary range from HUF 50,000 to 200,000 (€130 to €510 or $140 to $555) for a standard technical survey covering structure, roof, and damp, with specialist checks for electrical, gas, or heating systems adding to the total.

Other common hidden costs when buying a house in Hungary include heating system replacement or boiler upgrades, roof repairs and waterproofing, window and insulation improvements, moisture remediation in older properties, and utility connection upgrades for properties with legacy infrastructure.

The hidden cost that tends to surprise first-time house buyers the most in Hungary is heating system modernization, as many older houses have outdated boilers or radiators that need replacement within the first few years, potentially costing HUF 1 to 3 million (€2,500 to €7,700 or $2,800 to $8,400).

You will find here the list of classic mistakes people make when buying a property in Hungary.

Sources and methodology: we compiled hidden cost categories from our client transaction feedback and contractor quotes across Hungary. Inspection fee ranges were validated with surveyor networks, and renovation costs cross-checked with KSH construction cost indices.

What do locals and expats say about the market in Hungary as of 2026?

Do people think houses are overpriced in Hungary as of 2026?

As of early 2026, sentiment among locals and expats in Hungary is mixed, with many feeling that Budapest houses are overpriced relative to local incomes, while countryside properties are seen as reasonably valued or even underpriced in weaker-demand areas.

Houses in Hungary typically stay on the market for about 60 to 90 days in Budapest and longer in regional areas, with "brick" houses (older construction) in the capital taking around 80 to 90 days on average to sell according to late-2025 transaction data.

The main reason locals and expats give for feeling house prices are too high in Hungary is the affordability gap, as property prices have grown faster than wages in recent years, making it harder for young Hungarian families to buy without significant parental help or inheritances.

Current sentiment on house prices in Hungary compared to one or two years ago is more cautious, as the stimulus-driven activity of 2023 to 2024 has cooled and buyers are now more price-sensitive, leading sellers to be more realistic about asking prices.

You'll find our latest property market analysis about Hungary here.

Sources and methodology: we tracked market sentiment using Duna House Barometer time-to-sell metrics and affordability framing from OECD housing indicators. We supplemented this with expat community feedback and our own buyer surveys.

Are prices still rising or cooling in Hungary as of 2026?

As of early 2026, house prices in Hungary are showing signs of stabilization after years of strong growth, with the market entering a more balanced, price-sensitive phase rather than continuing a steep upward trajectory.

The estimated year-over-year house price change in Hungary is modest, with single-digit percentage growth in most areas and some Budapest segments experiencing flat or slightly declining nominal prices as affordability constraints bite.

Experts and locals expect house prices in Hungary over the next 6 to 12 months to remain relatively stable, with prime Budapest areas holding value due to supply scarcity while regional markets may see selective corrections where sellers have been overpricing.

Finally, please note that we have covered property price trends and forecasts for Hungary here.

Sources and methodology: we based trend analysis on MNB Housing Market Report cycle diagnostics and Duna House late-2025 market commentary. We validated direction of travel against KSH official price indices and our proprietary forecasting models.

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 Why It's Authoritative How We Used It
KSH Ingatlanadattár Hungary's official statistics office using real transaction records. We used it to ground our view in actual sales, not just asking prices. We also used its methodology notes to validate private-sector numbers.
KSH STADAT Housing Tables Standard statistical tables used by researchers and institutions. We used it as the official backbone for national price levels and trends. We cross-checked our 2026 estimates against official direction.
MNB Housing Market Report Hungary's central bank publishes detailed, transparent market diagnostics. We used it to calibrate where the market stands in early 2026. We also used it to support claims about momentum and new-build dynamics.
MNB Home Insurance Index Official MNB supervisory statistic updated quarterly. We used it to anchor realistic annual home insurance budgets. We cross-checked press reporting against MNB's own publication schedule.
NAV (Tax Authority) The official tax authority that administers property transfer duties. We used it to budget the acquisition duty accurately. We avoided blog lore and stuck to official rules and exceptions.
National Legislation Database (NJT) Official consolidated legal text for administrative fees. We used it to budget land registry fees correctly. We explained why registration fees have changed in recent years.
Duna House Barometer Q4 2025 One of Hungary's biggest brokerages with transaction-informed data. We used it to get very recent price levels and time-to-sell metrics. We cross-checked Budapest versus country price splits against official sources.
KSH HCSO Monitor (Energy) Official dashboard citing the national energy regulator for household prices. We used it to support utility cost assumptions with auditable data. We kept the typical bills section grounded in regulator metrics.
MEKH (Energy Regulator) The national regulator for energy and utilities pricing. We used it as the authority behind KSH energy citations. We ensured utility assumptions reflect regulated household pricing.
OECD Housing Indicators Widely used international dataset for affordability comparisons. We used it to explain what "overpriced" means in measurable terms. We checked sentiment claims against affordability data.
ECB EUR/HUF Reference Rate Top-tier official source for euro exchange rates. We used it to translate HUF prices into EUR for foreign buyers. We kept the exchange rate assumption explicit for easy updates.