Netherlands: house price 1995-2023 | Statista (2024)

FAQs

How much was a house in 1995? ›

The median home sales price in 1995 was $114,600 ($227,826 inflation-adjusted). The median sales price in 2023 hit a historical high of $389,800. This is good news for homeowners and potential repeat buyers as they earn housing equity—but creates difficulties for new first-time buyers.

The average sales price of a home in the Netherlands peaked in August 2022, followed by a decline in the following months. In September 2023, it cost on average over 422,000 euros to buy a home, down from 438,000 euros in the same month the year before.

Average price of single-family homes in the Netherlands 2023, by province. What is the average price of residential property in the Netherlands? In the second quarter of 2023, a single-family home cost approximately 434,000 euros.

After a great housing boom (1995-2007), the Dutch housing market weakened in 2008 and only began to recover in 2014. From Q1 2014 to Q4 2019, house prices rose by almost 40% nationally, with very strong increases in Amsterdam (77.4% growth) and Rotterdam (61.8% growth).

Existing home sales, which make up most of the housing market, slid 19% in 2023 from the prior year to 4.09 million, the lowest full-year level since 1995, the National Association of Realtors® said Friday.

So, to buy or not to buy a house in the Netherlands? If you want to purchase a property and you can afford it, you should. House prices move up and down, and the value of your house will probably increase slightly or stay the same in the near future. In the long term the value of your property will rise for sure.

The cost of living in the Netherlands for a single person is around €1,500 to €2,500. What is the cost of living in the Netherlands for a family? The cost of living in the Netherlands for a family can range between €3,000 to €5,000 per month.

He said high housing prices in the Netherlands are driven by a housing shortage, as well as tax breaks for home owners, which have also been criticised by the European Commission and Dutch central bank DNB. “From the point of view of affordability, you would prefer houses to be as cheap as possible,” he said.

Monthly rent

According to Numbeo, average prices for renting in the Netherlands are currently between €810–1,020 a month for a one-bedroom apartment and between €1,250–1660 a month for a three-bedroom apartment.

Are property prices falling in Netherlands? ›

House prices expected to go up by 6 percent in 2024 and 5 percent in 2025. The sentiment on the housing market improved in Q1 of 2024, driven by the resilient Dutch economy. House prices continued to recover, as higher wages and falling mortgage interest rates helped to restore confidence.

The income of people in the Netherlands with a paid job in 2021 was just under 47 thousand euros a year on average. Work was the main source of income for 8.1 million people in that year.

There are no restrictions placed on foreigners for buying property in the Netherlands, but there are some quirks of the Dutch housing market you should know before buying a home. Whether you've just moved to the Netherlands or are already well-established, you may want to consider the benefits of buying a home.

There is simply more demand compared to supply. People are pushing. We see the number of viewings increasing, accompanied by high overbids. In general, prices in Amsterdam are still higher than in the rest of the Netherlands.

Owning and letting readily marketable property is a secure investment, as long as everything is arranged properly; Property can be sold at any time; Limited area, Amsterdam is a small city with high demand; Readily marketable properties are available for almost any budget, if necessary partly financed by a loan.

Meanwhile, the average price of homes edged up slightly from $224,513 in July 1995 to $232,798 in July 1996, a 3.7% increase.

That would keep home prices on par with income growth. But it turns out that $7,900 was a bargain price actually. The average home in America in 1955 was about $18,400, or about 5.4x the average income.