Authored by the expert who managed and guided the team behind the Norway Property Pack
Everything you need to know before buying real estate is included in our Norway Property Pack
Yes, buying a house in Norway is expensive, but understanding exactly how expensive helps you plan better.
This article gives you actual prices for houses across Norway in 2026, from budget options to premium family homes.
We constantly update this blog post to reflect the latest market data and trends.
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 Norway.
How much do houses cost in Norway as of 2026?
What's the median and average house price in Norway as of 2026?
As of early 2026, the median house price in Norway sits around NOK 5.5 million (roughly $570,000 or €475,000), while the average house price reaches about NOK 6.2 million ($645,000 or €535,000).
The typical price range covering about 80% of house sales in Norway spans from NOK 3.5 million to NOK 9 million ($365,000 to $935,000, or €300,000 to €780,000).
The gap between median and average house prices in Norway reveals that higher-priced properties in Oslo and other premium areas pull the average up, while most buyers actually purchase homes closer to the median level.
At the median price of NOK 5.5 million in Norway, you can typically expect a modest detached house or a well-located row house with about 100 to 130 square meters of living space, often outside the major city centers.
What's the cheapest livable house budget in Norway as of 2026?
As of early 2026, the minimum budget for a livable house in Norway starts around NOK 2.5 to 3 million ($260,000 to $310,000, or €215,000 to €260,000).
At this entry-level price point in Norway, "livable" typically means an older house that may need cosmetic updates, has basic amenities, and might lack modern energy efficiency features that newer Norwegian homes offer.
These cheapest livable houses in Norway are usually found in areas like parts of Innlandet, northern Trøndelag, smaller municipalities in Nordland, or outer suburbs of mid-sized cities far from Oslo.
Wondering what you can get? We cover all the buying opportunities at different budget levels in Norway here.
How much do 2 and 3-bedroom houses cost in Norway as of 2026?
As of early 2026, a typical 2-bedroom house in Norway costs around NOK 4.5 million ($470,000 or €390,000), while a 3-bedroom house typically runs about NOK 5.9 million ($615,000 or €510,000).
For a 2-bedroom house in Norway, you can realistically expect to pay anywhere from NOK 3.8 million to NOK 5.2 million ($395,000 to $540,000, or €330,000 to €450,000), depending on location and condition.
A 3-bedroom house in Norway generally falls within a price range of NOK 4.8 million to NOK 7 million ($500,000 to $730,000, or €415,000 to €605,000).
Moving from a 2-bedroom to a 3-bedroom house in Norway typically adds about NOK 1.4 million ($145,000 or €120,000) to your budget, representing roughly a 30% price jump for the extra space.
How much do 4-bedroom houses cost in Norway as of 2026?
As of early 2026, a typical 4-bedroom house in Norway costs around NOK 7.8 million ($810,000 or €675,000).
For a 5-bedroom house in Norway, you can expect a realistic price range of NOK 8.5 million to NOK 14 million ($885,000 to $1,455,000, or €735,000 to €1,215,000).
A 6-bedroom house in Norway, which enters large family or prestige home territory, typically ranges from NOK 10.5 million to NOK 20 million ($1,090,000 to $2,080,000, or €910,000 to €1,740,000).
Please note that we give much more detailed data in our pack about the property market in Norway.
How much do new-build houses cost in Norway as of 2026?
As of early 2026, a typical new-build detached house in Norway costs around NOK 9.2 million ($960,000 or €800,000), with most falling in a range of NOK 7.5 million to NOK 12 million ($780,000 to $1,250,000, or €650,000 to €1,040,000).
New-build houses in Norway typically carry a premium of 15% to 30% compared to older resale houses of similar size, mainly because they meet modern energy standards and require less near-term maintenance.
How much do houses with land cost in Norway as of 2026?
As of early 2026, houses with larger plots in Norway typically cost NOK 500,000 to NOK 2.5 million ($52,000 to $260,000, or €43,000 to €215,000) more than comparable houses with standard plots, though in prime Oslo-area locations the land premium can push prices even higher.
In Norway, a "house with land" generally means a property with a meaningfully larger plot that offers extra privacy, space for a garden, or development potential beyond the standard small residential lot.
We cover everything there is to know about land prices in Norway here.
Thinking of buying real estate in Norway?
Acquiring property in a different country is a complex task. Don't fall into common traps – grab our guide and make better decisions.
Where are houses cheapest and most expensive in Norway as of 2026?
Which neighborhoods have the lowest house prices in Norway as of 2026?
As of early 2026, the neighborhoods with the lowest house prices in Norway include areas like Stovner, Grorud, Alna, and Søndre Nordstrand within Oslo, plus many municipalities in Innlandet, parts of Trøndelag, and smaller towns in Nordland.
In these lower-priced areas of Norway, typical house prices range from NOK 3 million to NOK 5 million ($310,000 to $520,000, or €260,000 to €430,000), significantly below the national average.
These neighborhoods have the lowest house prices in Norway mainly because they sit farther from the most desirable central and western Oslo districts, have less prestigious school catchments, and often depend more heavily on car commuting rather than premium transit access.
Which neighborhoods have the highest house prices in Norway as of 2026?
As of early 2026, the top three neighborhoods with the highest house prices in Norway are Frogner (including Bygdøy), Ullern, and Vestre Aker (such as Vinderen and areas near Holmenkollen), all located in Oslo's western districts.
In these premium Oslo neighborhoods, typical house prices range from NOK 12 million to NOK 30 million or more ($1,250,000 to $3,120,000+, or €1,040,000 to €2,600,000+), with exceptional properties exceeding these figures.
These neighborhoods command the highest house prices in Norway because they combine historic prestige, excellent schools, abundant green space, and convenient access to both the city center and outdoor recreation areas like Nordmarka forest.
The typical buyer in these premium Norwegian neighborhoods is either a high-income local professional family, often in finance or tech, or an international executive relocating to Oslo who prioritizes international school access and established expat communities.
How much do houses cost near the city center in Norway as of 2026?
As of early 2026, houses near the Oslo city center (areas like Frogner, Skillebekk, St. Hanshaugen, and parts of Grünerløkka where houses exist) typically cost NOK 12 million to NOK 25 million ($1,250,000 to $2,600,000, or €1,040,000 to €2,170,000), though family houses close to the center are quite rare.
Houses near major transit hubs in Norway, particularly T-bane (metro) stations and commuter rail stops in Oslo, typically command a 10% to 20% premium over similar houses without easy transit access, with prices often starting around NOK 7 million ($730,000 or €605,000) in good commuter locations.
Houses near top-rated schools in Norway, especially in Oslo's Ullern, Vestre Aker, and Nordstrand districts where schools like Ullern videregående and Nordstrand skole are located, typically range from NOK 10 million to NOK 20 million ($1,040,000 to $2,080,000, or €865,000 to €1,740,000).
Houses in expat-popular areas of Norway, including Frogner, Skillebekk, the Ullern-Lysaker corridor toward Bærum, and Nordstrand, typically cost NOK 9 million to NOK 18 million ($935,000 to $1,870,000, or €780,000 to €1,560,000) for family-sized homes.
We actually have an updated expat guide for Norway here.
How much do houses cost in the suburbs in Norway as of 2026?
As of early 2026, a typical house in the Oslo suburbs costs between NOK 6 million and NOK 12 million ($625,000 to $1,250,000, or €520,000 to €1,040,000), depending on the specific suburb and proximity to good transport links.
Suburban houses in Norway are typically 30% to 50% cheaper than comparable houses in central Oslo, though premium suburbs like Bærum can rival inner-city prices due to their excellent schools and fast rail connections.
The most popular suburbs for house buyers in Norway include Bærum, Asker, Lørenskog, Ski, and Lillestrøm around Oslo, along with suburban areas of Bergen, Trondheim, and Stavanger for those working in those cities.
What areas in Norway are improving and still affordable as of 2026?
As of early 2026, the top improving yet still affordable areas for house buyers in Norway include Ensjø, Hasle, and Løren in Oslo, the Mindemyren area in Bergen, Ranheim in Trondheim, and the Hinna-Jåttåvågen corridor in Stavanger.
Current typical house prices in these improving Norwegian areas range from NOK 4.5 million to NOK 7.5 million ($470,000 to $780,000, or €390,000 to €650,000), offering a discount compared to established premium districts.
The main sign of improvement driving buyer interest in these areas is active redevelopment with new residential construction, improved transit connections such as new metro stations or bus rapid transit, and the arrival of commercial amenities that signal long-term neighborhood upgrading.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Norway.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Norway versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What extra costs should I budget for a house in Norway right now?
What are typical buyer closing costs for houses in Norway right now?
When buying a freehold house in Norway, you should typically budget 3% to 4% of the purchase price for total closing costs.
The main closing cost categories in Norway include document duty (dokumentavgift) at 2.5% of the property value, registration fees (tinglysing) of around NOK 500 to NOK 600 ($52 to $62, or €43 to €52), bank arrangement fees that vary by lender, and valuation or inspection costs.
The single largest closing cost for house buyers in Norway is the document duty (dokumentavgift) at 2.5%, which on a NOK 6 million house means paying NOK 150,000 ($15,600 or €13,000) just for this one fee.
We cover all these costs and what are the strategies to minimize them in our property pack about Norway.
How much are property taxes on houses in Norway right now?
For a typical owner-occupied house in Norway, annual property tax (eiendomsskatt) ranges from NOK 2,000 to NOK 12,000 ($210 to $1,250, or €175 to €1,040), though some municipalities do not levy property tax at all.
Property tax in Norway is calculated at the municipal level, with each municipality deciding whether to impose it, setting the tax rate within national limits, and determining the property valuation method used as the tax base.
If you want to go into more details, we also have a page with all the property taxes and fees in Norway.
How much is home insurance for a house in Norway right now?
Annual home insurance for a typical house in Norway costs between NOK 4,000 and NOK 10,000 ($415 to $1,040, or €345 to €865), with larger or high-value houses paying NOK 10,000 to NOK 20,000 or more ($1,040 to $2,080+, or €865 to €1,740+).
The main factors affecting home insurance premiums for houses in Norway include the property's rebuild value, its location and associated weather or water damage risk, the deductible you choose, and any add-on coverage for contents or liability.
What are typical utility costs for a house in Norway right now?
Total monthly utility costs for a typical house in Norway range from NOK 3,000 to NOK 6,000 ($310 to $625, or €260 to €520), with higher costs during winter months and for larger houses that need more heating.
The main utility categories for houses in Norway include electricity (often the largest cost at NOK 2,000 to NOK 3,500 monthly for a house using 20,000 kWh per year), municipal water and wastewater fees, waste collection charges, and in some cases district heating or other municipal services.
What are common hidden costs when buying a house in Norway right now?
Common hidden costs that house buyers in Norway often overlook can total NOK 50,000 to NOK 200,000 ($5,200 to $20,800, or €4,350 to €17,400) or more in the first year after purchase, depending on the property's condition and any unexpected issues.
Typical inspection fees when purchasing a house in Norway, including the condition report (tilstandsrapport) and any additional specialist assessments, run from NOK 10,000 to NOK 25,000 ($1,040 to $2,600, or €865 to €2,170).
Other common hidden costs beyond inspections when buying a house in Norway include deferred maintenance like roof or drainage work, moisture issues in basements or bathrooms, heating system upgrades, and private road maintenance obligations in semi-rural areas.
The hidden cost that tends to surprise first-time house buyers the most in Norway is the shared debt (fellesgjeld) in cooperative housing structures, which some row houses use, where the advertised price excludes significant joint debt that affects your true monthly costs.
You will find here the list of classic mistakes people make when buying a property in Norway.
Get fresh and reliable information about the market in Norway
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
What do locals and expats say about the market in Norway as of 2026?
Do people think houses are overpriced in Norway as of 2026?
As of early 2026, many locals and expats in Norway feel that houses are overpriced, especially given that mortgage rates remain elevated with Norges Bank holding the policy rate at 4%.
Houses in Norway typically stay on the market for around 71 days on average, though well-located family houses in high-demand areas with good schools and transit often sell much faster.
The main reason people cite for feeling house prices are too high in Norway is the mismatch between still-elevated price levels and the current financing costs, which means monthly payments feel heavy even if prices have not risen dramatically recently.
Compared to one or two years ago, sentiment on house prices in Norway has shifted from "prices will keep climbing" to a more cautious wait-and-see attitude, as buyers weigh potential rate cuts later in 2026 against the risk of continued high costs.
You'll find our latest property market analysis about Norway here.
Are prices still rising or cooling in Norway as of 2026?
As of early 2026, house prices in Norway are rising modestly at the national level, though the pace varies significantly between regions and property types.
The year-over-year house price change in Norway stands at roughly 5% as of late 2025 into early 2026, based on Eiendom Norge's nationwide statistics for all dwelling types.
Experts and locals expect house prices in Norway to remain stable or rise slightly over the next 6 to 12 months, with potential rate cuts from Norges Bank later in 2026 possibly boosting demand in supply-constrained family house markets around Oslo and other major cities.
Finally, please note that we have covered property price trends and forecasts for Norway here.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Norway. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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 Norway, 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 |
|---|---|---|
| Statistics Norway (SSB) - Price Index for Existing Dwellings | Norway's official statistics office and the standard national index for resale home prices. | We used it to anchor where house prices stand in early 2026. We also relied on its dwelling-type breakdown to keep our houses-only estimates consistent. |
| Statistics Norway (SSB) - Statbank Table 14310 | Official SSB data specifically for price-per-square-meter by dwelling type. | We used it as our structural reference for how Norway prices detached and row houses versus apartments. We then translated this into bedroom-based budgets. |
| Eiendom Norge - Housing Price Statistics | The most-cited monthly market release in Norway, used by banks and media. | We used it for the latest nationwide average home price context and market speed data. We also drew on its regional commentary for cheapest versus most expensive areas. |
| FINN.no - Boligmarkedet | Norway's dominant property portal and the main reference for advertised asking prices. | We used it to check what buyers actually see in listings, especially for houses by area. We treated it as a secondary check since ads differ from sold prices. |
| Norges Bank - Policy Rate | Norway's central bank, and the policy rate drives mortgage pricing. | We used it to explain why affordability feels the way it does in early 2026. We kept this as background context rather than price prediction. |
| Skatteetaten - Document Duty | The official tax authority and definitive rule source for stamp duty. | We used it to calculate the biggest closing-cost line item for freehold houses at 2.5% of purchase value. We also noted its exemptions for comparing property types. |
| Kartverket - Registration Fees | Kartverket runs the land registry and publishes current fee schedules. | We used it to describe the standard registration fees you budget on top of document duty. We verified the fees match early-2026 figures. |
| Skatteetaten - Property Tax Overview | Explains in official terms how municipal property tax works in Norway. | We used it to explain that property tax depends on the municipality. We kept language simple for foreigners new to the system. |
| Statistics Norway (SSB) - Electricity Prices | Official quarterly statistics for household electricity prices in Norway. | We used it to build a realistic utilities budget for houses, which typically consume more electricity than apartments. |
| Oslo Kommune - Municipal Fees 2026 | Primary municipal source showing how local fees move year to year. | We used it as a concrete example of recurring municipal bills house owners face. We illustrated why utilities in Norway include more than just electricity. |
Get to know the market before buying a property in Norway
Better information leads to better decisions. Get all the data you need before investing a large amount of money. Download our guide.