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Home Prices Up 13% in Hungary this Year

• 31 Dec 2024 6:22 AM

Homes in Hungary sold for an average HUF 45.2m in 2024, up 13pc from a year earlier, data compiled by listed real estate broker Duna House show.

In the capital, the average home price climbed 6pc to HUF 60.4m. In the rest of the country, prices rose by HUF 5m to HUF 39.1m.

The price of new homes averaged HUF 830,000/sqm countrywide, but reached HUF 1.5m/sqm in Budapest.

Nationwide, flats in multi-unit dwellings sold for an average HUF 807,000/sqm and detached houses for HUF 422,000/sqm.

Between 120,000-125,000 homes were sold in Hungary in 2024.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

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