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As of 2026, housing prices in Vienna are rising again, but the market is still more careful than it was during the 2021 and 2022 peak.
In this article, we explain the current housing prices in Vienna, including average prices, neighborhood differences, and what different budgets can buy.
We constantly update this blog post so readers can follow the Vienna property market with fresh data and simple explanations.
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 Vienna.
Insights
- The median housing price in Vienna in 2026 is about €455,000, or $527,000, which is more useful than the average because luxury homes pull the average upward.
- Vienna residential property prices in 2026 are roughly 3% higher than one year earlier, but the real gain is close to flat after inflation.
- A normal Vienna apartment buyer should not only look at the sale price, because fees, taxes, and normal buying costs often add 9% to 12%.
- The cheapest realistic Vienna property searches in 2026 are still in Favoriten, Simmering, Floridsdorf, and older parts of Donaustadt.
- New-build apartments in Vienna usually cost about one-third more than older apartments, mainly because of energy performance, outdoor space, and lower renovation risk.
- Listing prices in Vienna are often 5% to 8% above final sale prices, so asking prices should not be read as exact market value.
- The average Vienna property price in 2026 is about €515,000, or $596,000, but a central luxury apartment can easily pass €1 million.
- Small, renovated, central apartments have the highest price per square meter in Vienna because the city has very limited prime central housing stock.
- Vienna remains mostly an apartment market, with single-family houses and villas forming only a small share of residential purchases inside the city.
What is the average housing price in Vienna in 2026?
The median housing price in Vienna in 2026 is more useful than the average because it shows what a typical buyer is likely to face, while the average is pushed up by large, central, and luxury properties.
We are writing this as of 2026 with the latest data collected from authoritative sources that we manually double checked.
The median housing price in Vienna in 2026 is about €455,000, or about $527,000, with the local price already expressed in euros. The average housing price in the Vienna market in 2026 is closer to €515,000, or about $596,000, because expensive homes in central and green districts raise the average.
For most buyers, the realistic price range for 80% of residential properties in Vienna in 2026 is about €245,000 to €1.15 million, or about $284,000 to $1.33 million.
A realistic entry range in Vienna in 2026 is about €185,000 to €290,000, or about $214,000 to $336,000, which usually means an older 35 to 50 sqm apartment in Favoriten, Simmering, Floridsdorf, or a less central part of Donaustadt.
A typical luxury property range in Vienna in 2026 is about €1.5 million to €6 million, or about $1.74 million to $6.94 million, which can buy a renovated old-building apartment, a penthouse, or a villa-style home in Innere Stadt, Josefstadt, Hietzing, or Döbling.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Vienna.
Are Vienna property listing prices close to the actual sale price in 2026?
In the Vienna property market in 2026, listed prices are usually about 5% to 8% above final sale prices, with 6% as a practical working estimate.
This gap exists because many Vienna sellers still remember the high prices of 2021 and 2022, while buyers are now more careful because mortgage costs are higher than before. The gap is usually smaller for good central apartments and larger for older, energy-inefficient, or renovation-heavy homes in weaker micro-locations.
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What is the price per sq m or per sq ft for properties in Vienna in 2026?
As of 2026, the median residential price in Vienna is about €5,650 per sqm, or $6,538 per sqm, which equals about €525 per sqft, or $607 per sqft. The average residential price in Vienna is closer to €6,250 per sqm, or $7,233 per sqm, which equals about €581 per sqft, or $672 per sqft.
The highest price per sqm in Vienna in 2026 is usually found in small renovated central apartments, penthouses, first-district luxury apartments, and high-end homes in Döbling or Hietzing, while the lowest price per sqm is usually found in larger older flats in outer districts that need renovation.
The highest price per sqm in Vienna in 2026 is usually in Innere Stadt, Josefstadt, Neubau, Wieden, Hietzing, and Döbling, where prices can range from about €7,000 to more than €18,000 per sqm. The lowest price range is usually in Simmering, Favoriten, Floridsdorf, parts of Donaustadt, and parts of Liesing, where many homes sit around €3,700 to €5,300 per sqm.
How have property prices evolved in Vienna?
Vienna residential property prices in 2026 are about 3% higher than one year earlier. The main reason is that mortgage conditions have stopped worsening, so some buyers who paused in 2023 and 2024 are returning.
Compared with two years ago, Vienna property prices are only modestly higher in nominal terms because the market had to recover from the 2023 and 2024 correction. In simple terms, Vienna homes are no longer falling in price, but the market is not back to the overheated mood of 2021 and 2022.
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 Vienna.
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How do prices vary by housing type in Vienna in 2026?
Vienna is mostly an apartment market in 2026, with about 58% existing apartments, 18% new-build apartments, 10% renovated old-building apartments, 6% small investor apartments or studios, 4% townhouses, and 4% houses or villas.
Existing apartments in Vienna average about €430,000, or $498,000, while new-build apartments average about €560,000, or $648,000. Renovated old-building apartments are closer to €650,000, or $752,000, small investor studios are around €240,000, or $278,000, townhouses are around €780,000, or $903,000, and houses or villas are often around €1.35 million, or $1.56 million.
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Vienna in 2026?
New-build homes in Vienna in 2026 usually cost about 30% to 38% more than comparable existing homes, with 34% as a good central estimate.
This premium is linked to better energy performance, elevators, balconies or terraces, lower renovation risk, and the high cost of land and construction in Vienna.
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How do property prices vary by neighborhood in Vienna in 2026?
Leopoldstadt has many 50 to 100 sqm apartments, including older flats and newer homes near Prater and Nordbahnviertel, with typical prices around €350,000 to €850,000, or $405,000 to $984,000. Prices are supported by green space, Danube access, good transport, and a central feel without being as expensive as Innere Stadt.
Landstraße has existing and new-build apartments, often between 60 and 120 sqm, with typical prices around €380,000 to €900,000, or $440,000 to $1.04 million. The district is popular because it is close to the city center, embassies, Stadtpark, and strong commuter connections.
Döbling has larger apartments, premium family homes, villas, and luxury properties, with typical prices around €650,000 to more than €3 million, or $752,000 to more than $3.47 million. Prices are high because Döbling combines prestige, green streets, international-family appeal, and access to the Vienna Woods.
You will find a much more detailed analysis by areas in our property pack about Vienna. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Vienna area | Buyer profile | Typical home price | Typical price per sqm | Typical price per sqft |
|---|---|---|---|---|
| Innere Stadt | Prime and luxury | €900k to €3.5m / $1.04m to $4.05m | €10k to €18k / $11.6k to $20.8k | €929 to €1,672 / $1,075 to $1,935 |
| Leopoldstadt | Expat, green, central | €350k to €850k / $405k to $984k | €5.0k to €7.8k / $5.8k to $9.0k | €465 to €725 / $538 to $839 |
| Landstraße | Commute and central | €380k to €900k / $440k to $1.04m | €5.2k to €8.0k / $6.0k to $9.3k | €483 to €743 / $559 to $860 |
| Wieden | Central and urban | €450k to €1.1m / $521k to $1.27m | €6.0k to €9.0k / $6.9k to $10.4k | €557 to €836 / $645 to $968 |
| Neubau | Creative and popular | €430k to €1.1m / $498k to $1.27m | €5.8k to €8.8k / $6.7k to $10.2k | €539 to €818 / $624 to $947 |
| Josefstadt | Family and premium | €500k to €1.3m / $579k to $1.50m | €6.5k to €9.5k / $7.5k to $11.0k | €604 to €883 / $699 to $1,021 |
| Alsergrund | University and medical | €430k to €1.0m / $498k to $1.16m | €5.7k to €8.5k / $6.6k to $9.8k | €530 to €790 / $613 to $914 |
| Favoriten | Entry and development | €220k to €600k / $255k to $694k | €3.8k to €5.8k / $4.4k to $6.7k | €353 to €539 / $409 to $624 |
| Simmering | Budget and value | €200k to €520k / $231k to $602k | €3.5k to €5.2k / $4.1k to $6.0k | €325 to €483 / $376 to $559 |
| Meidling | Value and commute | €260k to €650k / $301k to $752k | €4.0k to €6.0k / $4.6k to $6.9k | €372 to €557 / $430 to $645 |
| Hietzing | Family, green, premium | €550k to €1.8m / $637k to $2.08m | €5.5k to €9.0k / $6.4k to $10.4k | €511 to €836 / $592 to $968 |
| Döbling | Luxury, villas, expats | €650k to €3.0m+ / $752k to $3.47m+ | €5.9k to €12.0k+ / $6.8k to $13.9k+ | €548 to €1,115+ / $634 to $1,290+ |
How much more do you pay for properties in Vienna when you include renovation work, taxes, and fees?
In Vienna in 2026, a normal buyer should usually add 9% to 12% to the purchase price for acquisition costs before adding any renovation budget.
If you buy a property for around $200,000, that is about €173,000, normal taxes and buying fees can add roughly €16,000 to €21,000, or about $19,000 to $24,000. If the apartment also needs basic renovation, the final extra cost can easily move closer to €35,000 to €60,000, or about $41,000 to $69,000.
If you buy a property for around $500,000, that is about €432,000, normal taxes and buying fees can add roughly €39,000 to €52,000, or about $45,000 to $60,000. With a normal renovation budget, the total extra amount can often reach €80,000 to €140,000, or about $93,000 to $162,000.
If you buy a property for around $1,000,000, that is about €864,000, normal taxes and buying fees can add roughly €78,000 to €104,000, or about $90,000 to $120,000. If the property needs a serious renovation, the full extra budget can be closer to €175,000 to €300,000, or about $203,000 to $347,000.
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 Vienna
| Extra cost | Type | Estimated cost in Vienna |
|---|---|---|
| Real estate transfer tax | Tax | Usually 3.5% of the purchase price. On a €500,000 Vienna property, that is about €17,500, or about $20,000. This is one of the main fixed costs for buyers. |
| Land-register ownership fee | Fee | Usually 1.1% of the purchase price. On a €500,000 property, that is about €5,500, or about $6,400. This fee registers the new owner in the land register. |
| Mortgage registration | Financing fee | Usually 1.2% of the mortgage amount if the buyer uses a mortgage. If the mortgage is €350,000, this can be about €4,200, or about $4,900. Cash buyers do not usually pay this cost. |
| Broker commission | Transaction cost | Often 0% to 3.6% including VAT, depending on the deal and who pays the agent. On a €500,000 property, the upper end is about €18,000, or about $20,800. Buyers should check this before making an offer. |
| Lawyer, notary, and escrow | Legal cost | Often around 1% to 2.5% of the purchase price. On a €500,000 property, that is about €5,000 to €12,500, or about $5,800 to $14,500. This covers contract work, escrow, and purchase formalities. |
| Light renovation | Renovation | Usually around €300 to €700 per sqm, or about $347 to $810 per sqm. This may cover painting, small repairs, light flooring work, and basic updates. It is not enough for a full older-apartment renovation. |
| Full older-apartment renovation | Renovation | Usually around €800 to €1,500 per sqm, or about $926 to $1,736 per sqm. This can include kitchen, bathroom, flooring, wiring, and major surface work. Older Vienna apartments can need this level of spending. |
| Premium renovation | Renovation | Usually around €1,500 to €2,500 per sqm, or about $1,736 to $2,893 per sqm. This can apply to high-end finishes, premium kitchens, custom bathrooms, and luxury old-building apartments. Prime districts can sit at the high end. |
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 Vienna in 2026 with different budgets?
With $100,000, or about €86,000, there is not really a normal freehold residential market in Vienna in 2026, except for rare edge cases such as an 18 to 22 sqm micro studio in Favoriten needing major renovation, a tiny older unit in Simmering, or a non-standard co-ownership unit in an outer district.
With $200,000, or about €173,000, a buyer might find a 28 to 35 sqm existing studio in Favoriten, a 30 to 36 sqm existing studio in Simmering, or a 30 to 38 sqm older one-room apartment in Floridsdorf.
With $300,000, or about €259,000, a buyer can look for a 40 to 50 sqm existing one-bedroom apartment in Favoriten, a 45 to 55 sqm existing apartment in Meidling, or a 45 to 55 sqm existing apartment in Donaustadt.
With $500,000, or about €432,000, a buyer can target a 60 to 70 sqm existing apartment in Leopoldstadt, a 70 to 80 sqm existing two-bedroom apartment in Meidling, or a 55 to 65 sqm new-build compact apartment in Donaustadt or Seestadt.
With $1,000,000, or about €864,000, a buyer can look at a 100 to 120 sqm family apartment in Hietzing, a 100 to 130 sqm existing apartment in Alsergrund or Landstraße, or a 100 to 115 sqm new-build apartment in Leopoldstadt or Donaustadt.
With $2,000,000, or about €1.73 million, a buyer is in the premium Vienna market and can target a 140 to 180 sqm renovated apartment in Innere Stadt, a 160 to 220 sqm large family apartment or penthouse in Döbling, or a 180 to 250 sqm villa-style home or high-end apartment in Hietzing.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Austria.
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 Vienna, 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 we trust it | How we used it |
|---|---|---|
| Statistics Austria, average real estate prices 2025 | Statistics Austria is the official statistics agency, and this release is based on transaction prices rather than asking prices. | We used it as the main anchor for actual paid prices per sqm in Vienna. We then adjusted it modestly to June 2026 using official price-index evidence. |
| Statistics Austria, House Price Index 2025 | This is the official quality-adjusted house-price index for Austria. | We used it to understand the 2025 recovery after the 2023 and 2024 correction. We also used its new-build and existing-home split to estimate the new-build premium. |
| OeNB Residential Property Price Index | The Austrian central bank publishes a long-running residential property price index for Vienna and Austria. | We used it to estimate one-year and longer-term price changes. We also used it to check whether Vienna prices were stabilizing or accelerating in 2026. |
| ECB EUR/USD reference rate | The ECB is the official euro foreign-exchange reference source. | We used the 9 June 2026 rate of €1 = $1.1573. We converted all euro figures into dollars with this rate. |
| EHL First Vienna Residential Market Report 2025 | EHL is an established Vienna residential market consultancy with district-level price reporting. | We used it to cross-check district price bands, first-occupancy prices, and existing-home prices. We treated it as market intelligence rather than official transaction data. |
| Engel & Völkers Vienna price insights | Engel & Völkers is a major brokerage with a clear position in the premium and luxury property market. | We used it mainly for the premium and luxury ranges in Vienna. We did not use it to set the citywide average because luxury listings are not representative. |
| oesterreich.gv.at ancillary purchase costs | This is Austria’s official public-service portal for legal and administrative rules. | We used it for real estate transfer tax, land-register fees, and mortgage-registration fees. We then added normal broker and legal ranges to estimate total buyer costs. |
| Statistics Austria CPI and HICP data | Statistics Austria is the official source for Austrian inflation data. | We used it to compare nominal housing-price changes with inflation. We did this because a small nominal rise can still feel flat after inflation. |
| Investropa Austria Property Pack | The property pack brings together official data, market data, and buyer-focused analysis in one place. | We used it as the editorial framework for the article. We also used it to keep the explanation useful for individual foreign buyers. |
| Investropa Austria price forecasts article | This source tracks broader price expectations for Austria and helps connect Vienna to the national market. | We used it to point readers toward the latest context on price variations in Austria. We did not use it as a substitute for official transaction data. |
| Investropa Austria property taxes and fees article | This source focuses on the extra costs buyers need to plan for in Austria. | We used it to guide the fee and tax section for non-professional buyers. We still anchored official tax figures to oesterreich.gv.at. |
| Investropa Austria budget article | This source explains budget levels in a buyer-friendly way across Austria. | We used it to structure the budget examples for Vienna buyers. We adjusted the examples to reflect Vienna’s higher price level. |
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