House prices - first quarter 2024 (2024)

Housing

House prices - first quarter 2024 (1)

Statbel, the Belgian statistical office, publishes today the house prices in Belgium for the first quarter of 2024.

The main results are the following:

  • The Belgian median price for an attached or semi-detached house amounted to 259,500 euros. A buyer had to pay 372,000 euros for a detached house.
  • The Walloon Region is the cheapest with a median price of 178,000 euros for an attached or semi-detached house and 300,000 euros for a detached house.
  • It is followed by the Flemish Region. Attached and semi-detached houses cost there 299,000 euros, and detached houses cost 415,000 euros.
  • The Brussels-Capital Region is the most expensive region for all types of dwellings. Attached and semi-detached houses cost there 499,000 euros. The price for a detached house amounted to 1,100,000 euros.
  • Flemish Brabant and Walloon Brabant are the most expensive provinces. The cheapest Flemish province is West Flanders, the cheapest Walloon province is Hainaut.
  • Knokke-Heist is the most expensive municipality for houses. The cheapest houses can be found in Colfontaine.
  • Knokke-Heist is also the most expensive municipality for apartments. The cheapest apartments can be found in Charleroi.

All the results in this press release are based on the deeds of sale registered at the General Administration of the Patrimonial Documentation of the FPS Finances.

Belgium

The median price for an attached or semi-detached house amounted to 259,500 euros in the first quarter of 2024. A buyer had to pay 372,000 euros for a detached house. Apartments cost 240,125 euros.

BELGIUM202220232024% evolution% evolution
(q1)(q1)(q1)2023 (q1) / 2022 (q1)2024 (q1) / 2023 (q1)
Houses with 2 or 3 outside walls (attached + semi-detached houses)255,000260,000259,500+2%--0.2%
Houses with 4 outside walls or more (detached houses)360,000369,000372,000+2.5%+0.8%
Apartments225,000235,000240,125+4.4%+2.2%
Median price (euro)

Compared to the first quarter of 2023, the median price of attached or semi-detached houses decreased by 0.2%. Detached houses registered a price increase of 0.8%. Prices for apartments increased by 2.2%.

(the chart shows the median prices of the first quarter for each year)

The regions

Clear regional differences can be noted:

  • The Walloon Region is the cheapest. In the first quarter of 2024, attached and semi-detached houses with a median price of 178,000 euros experienced a price increase of 1.7% compared to the same period last year. The median price for detached houses increased to 300,000 euros, or an increase of 5.3%. Apartments became 2.8% less expensive and cost 175,000 euros:
WALLOON REGION202220232024% evolution% evolution
(q1)(q1)(q1)2023 (q1) / 2022 (q1)2024 (q1) / 2023 (q1)
Houses with 2 or 3 outside walls (attached + semi-detached houses)169,000175,000178,000+3.6%+1.7%
Houses with 4 outside walls or more (detached houses)285,000285,000300,0000.0%+5.3%
Apartments170,000180,000175,000+5.9%--2.8%
Median price (euro)
  • It is followed by the Flemish Region. With 299,000 euros, attached and semi-detached houses remained at approximately the same level as the previous year, just like detached houses (415,000 euros). Apartments cost 249,000 euros. They became 2% more expensive:
FLEMISH REGION202220232024% evolution% evolution
(q1)(q1)(q1)2023 (q1) / 2022 (q1)2024 (q1) / 2023 (q1)
Houses with 2 or 3 outside walls (attached + semi-detached houses)280,000299,250299,000+6.9%--0.1%
Houses with 4 outside walls or more (detached houses)395,000415,000415,000+5.1%0.0%
Apartments230,000244,072249,000+6.1%+2%
Median price (euro)
  • The Brussels-Capital Region is the most expensive region for all types of dwellings. Attached and semi-detached houses cost 499,000 euros, i.e. a decrease of 0.2%. Detached houses cost 1,100,000 euros and became 30.2% more expensive than in the same period last year. Apartments became 2.4% more expensive and cost 260,000 euros:
BRUSSELS-CAPITAL REGION202220232024% evolution% evolution
(q1)(q1)(q1)2023 (q1) / 2022 (q1)2024 (q1) / 2023 (q1)
Houses with 2 or 3 outside walls (attached + semi-detached houses)495,000500,000499,000+1%--0.2%
Houses with 4 outside walls or more (detached houses)1,225,000845,0001,100,000-31.0%+30.2%
Apartments249,000254,000260,000+2%+2.4%
Median price (euro)

The provinces

In the Flemish Region, in the first quarter of 2024, houses were the most expensive in the province of Flemish Brabant: an attached or semi-detached house there cost 355,000 euros. For a detached house the median price was 469,000 euros. This province was also the most expensive for apartments: 269,000 euros.

West Flanders was the cheapest province. The median price for an attached or semi-detached house there amounted to 250,000 euros. Apartments there cost 225,000 euros. The cheapest detached houses could be found in Limburg, with a median price of 325,000 euros.

In the Walloon Region, the province of Walloon Brabant was the most expensive for all categories: attached and semi-detached houses there cost 305,000 euros, the median price for detached houses was 440,000 euros and apartments reached a level of 230,000 euros.

Hainaut was the cheapest for attached or semi-detached houses (155,000 euros) and apartments (152,500 euros). The cheapest detached houses were found in the province of Luxembourg (255,000 euros).

The municipalities

Houses

The tables below show a ranking of the most and least expensive municipalities per region based on all attached, semi-detached and detached houses.

The most expensive Flemish municipality for houses was Knokke-Heist with a median price of 799,000 euros. The cheapest houses in this region could be found in Menen with a median price of 177,500 euros.

The most expensive Walloon houses were located in Lasne (535,000 euros) and the cheapest houses could be found in Colfontaine (80,000 euros).

In the Brussels-Capital Region, the municipality of Woluwé-Saint-Lambert had the highest median price with 655,500 euros. The lowest median price for houses in this region was in the municipality of Anderlecht (325,000 euros).

Houses - most and least expensive municipalities in the Flemish Region:

Most expensive municipalitiesMedian priceLeast expensive municipalitiesMedian price
1KNOKKE-HEIST (38)799,0001MENEN (102)177,500
2KRAAINEM (31)722,5002WERVIK (44)195,000
SINT-MARTENS-LATEM (26)722,5003LENDELEDE (18)215,000
4WEZEMBEEK-OPPEM (23)697,5004RONSE (62)216,250
5SINT-GENESIUS-RODE (56)564,5005MOORSLEDE (16)227,500
6KAMPENHOUT (23)526,0006POPERINGE (42)235,000
7SCHILDE (58)515,000BILZEN (35)235,000
8TERVUREN (48)502,500AVELGEM (22)235,000
9KEERBERGEN (28)492,0009GERAARDSBERGEN (103)237,000
10ZOERSEL (45)485,00010LEOPOLDSBURG (21)237,500
The figure in brackets represents the number of transactions.

Houses - most and least expensive municipalities in the Walloon Region:

Most expensive municipalitiesMedian priceLeast expensive municipalitiesMedian price
1LASNE (30)535,0001COLFONTAINE (52)80,000
2WATERLOO (54)477,5002ERQUELINNES (25)100,000
3CHAUMONT-GISTOUX (19)475,0003FARCIENNES (20)124,000
4RIXENSART (46)411,5004QUAREGNON (46)125,000
5GREZ-DOICEAU (24)379,5005FRAMERIES (58)135,000
6BRAINE-LE-CHÂTEAU (18)370,0006BOUSSU (44)144,500
7GENAPPE (29)365,5007CHARLEROI (455)145,000
8OTTIGNIES-LOUVAIN-LA-NEUVE (33)360,000DOUR (56)145,000
9BRAINE-L’ALLEUD (84)345,0009FONTAINE-L'EVEQUE (37)147,500
COURT-SAINT-ÉTIENNE (19)345,00010COMINES-WARNETON (36)150,000
BERNISSART (28)150,000
The figure in brackets represents the number of transactions.

Apartments

The tables below show a ranking of the most and least expensive municipalities per region for the apartments.

The most expensive Flemish municipality for apartments was Knokke-Heist with a median price of 575,000 euros. The cheapest apartments in this region could be found in Diepenbeek with a median price of 158,500 euros.

The most expensive Walloon apartments are located in Braine-L'Alleud (280,000 euros) and the cheapest could be found in Charleroi (102,500 euros).

In the Brussels-Capital Region, Woluwé-Saint-Pierre was the municipality with the highest median price for an apartment, i.e. 373,364 euros. The lowest median price was for the municipality of Anderlecht (190,000 euros).

Apartments - most and least expensive municipalities in the Flemish Region:

Most expensive municipalitiesMedian priceLeast expensive municipalitiesMedian price
1KNOKKE-HEIST (127)575,0001DIEPENBEEK (22)158,500
2ZAVENTEM (33)300,0002ROESELARE (31)170,000
3EDEGEM (41)297,7503TIENEN (35)181,750
4LEUVEN (141)290,0004RONSE (16)194,750
OUDENAARDE (27)290,0005OSTEND (208)198,500
6GENT (299)289,960HARELBEKE (18)198,500
7WAREGEM (24)276,0007MIDDELKERKE (113)200,000
8HALLE (38)275,000BOOM (19)200,000
BEVEREN (26)275,0009BREDENE (32)207,000
10TEMSE (21)269,50010DE PANNE (49)208,000
The figure in brackets represents the number of transactions.

Apartments - most and least expensive municipalities in the Walloon Region:

Most expensive municipalitiesMedian priceLeast expensive municipalitiesMedian price
1BRAINE-L’ALLEUD (17)280,0001CHARLEROI (101)102,500
2ARLON (21)250,0002LA LOUVIERE (27)135,000
3OTTIGNIES-LOUVAIN-LA-NEUVE (39)245,0003SERAING (23)139,000
4WAVRE (41)225,0004LIÈGE (118)155,000
5TUBIZE (24)195,0005MONS (53)160,000
6NIVELLES (35)190,0006HUY (16)167,250
7TOURNAI (26)172,5007VERVIERS (22)170,000
8NAMUR (98)172,0008NAMUR (98)172,000
9VERVIERS (22)170,0009TOURNAI (26)172,500
10HUY (16)167,25010NIVELLES (35)190,000
The figure in brackets represents the number of transactions.

Apartments - most and least expensive municipalities in the Brussels-Capital Region:

Most expensive municipalitiesMedian priceLeast expensive municipalitiesMedian price
1WOLUWE-SAINT-PIERRE (62)373,3641ANDERLECHT (146)190,000
2IXELLES (187)340,0002BERCHEM-SAINTE-AGATHE (42)200,000
3WOLUWE-SAINT-LAMBERT (123)330,0003GANSHOREN (53)205,000
4UCCLE (192)322,5004KOEKELBERG (33)207,000
5SAINT-GILLES (63)290,0005MOLENBEEK-SAINT-JEAN (170)215,000
AUDERGHEM (40)290,0006JETTE (102)220,000
7ETTERBEEK (84)288,5007SAINT-JOSSE-TEN-NOODE (49)230,000
8BRUSSELS (261)285,0008EVERE (74)245,000
9FOREST (140)284,5009SCHAERBEEK (176)251,000
10WATERMAEL-BOITSFORT (28)257,50010WATERMAEL-BOITSFORT (28)257,500
The figure in brackets represents the number of transactions.

Annexes

Overview regions + provinces

Median price

Median (euro)2022
(q1)
2023
(q1)
2024
(q1)
Evolution %
2023(q1) / 2022(q1)
Evolution %
2024(q1) / 2023(q1)
BELGIUMHouses with 2 or 3 outside walls (attached + semi-detached houses)255,000260,000259,500+2.0%-0.2%
Houses with 4 outside walls or more (detached houses)360,000369,000372,000+2.5%+0.8%
Apartments225,000235,000240,125+4.4%+2.2%
FLEMISH REGIONHouses with 2 or 3 outside walls (attached + semi-detached houses)280,000299,250299,000+6.9%-0.1%
Houses with 4 outside walls or more (detached houses)395,000415,000415,000+5.1%0.0%
Apartments230,000244,072249,000+6.1%+2.0%
WALLOON REGIONHouses with 2 or 3 outside walls (attached + semi-detached houses)169,000175,000178,000+3.6%+1.7%
Houses with 4 outside walls or more (detached houses)285,000285,000300,0000.0%+5.3%
Apartments170,000180,000175,000+5.9%-2.8%
BRUSSELS-CAPITAL REGIONHouses with 2 or 3 outside walls (attached + semi-detached houses)495,000500,000499,000+1.0%-0.2%
Houses with 4 outside walls or more (detached houses)1,225,000845,0001,100,000-31.0%+30.2%
Apartments249,000254,000260,000+2.0%+2.4%
PROVINCE OF ANTWERPHouses with 2 or 3 outside walls (attached + semi-detached houses)310,000330,000340,000+6.5%+3.0%
Houses with 4 outside walls or more (detached houses)420,000430,000462,750+2.4%+7.6%
Apartments230,000241,000250,000+4.8%+3.7%
PROVINCE OF FLEMISH BRABANTHouses with 2 or 3 outside walls (attached + semi-detached houses)330,500350,000355,000+5.9%+1.4%
Houses with 4 outside walls or more (detached houses)440,500465,000469,000+5.6%+0.9%
Apartments251,000274,000269,000+9.2%-1.8%
PROVINCE OF WALLOON BRABANTHouses with 2 or 3 outside walls (attached + semi-detached houses)306,000320,000305,000+4.6%-4.7%
Houses with 4 outside walls or more (detached houses)465,000475,000440,000+2.2%-7.4%
Apartments240,000255,500230,000+6.5%-10.0%
PROVINCE OF WEST FLANDERSHouses with 2 or 3 outside walls (attached + semi-detached houses)245,000265,000250,000+8.2%-5.7%
Houses with 4 outside walls or more (detached houses)392,000407,500410,000+4.0%+0.6%
Apartments220,000230,000225,000+4.5%-2.2%
PROVINCE OF EAST FLANDERSHouses with 2 or 3 outside walls (attached + semi-detached houses)276,000285,000290,000+3.3%+1.8%
Houses with 4 outside walls or more (detached houses)420,000430,000428,000+2.4%-0.5%
Apartments235,000254,500255,000+8.3%+0.2%
PROVINCE OF HAINAUTHouses with 2 or 3 outside walls (attached + semi-detached houses)150,000155,000155,000+3.3%0.0%
Houses with 4 outside walls or more (detached houses)263,250270,000270,000+2.6%0.0%
Apartments140,000155,000152,500+10.7%-1.6%
PROVINCE OF LIÈGEHouses with 2 or 3 outside walls (attached + semi-detached houses)172,000180,000183,885+4.7%+2.2%
Houses with 4 outside walls or more (detached houses)290,000285,000295,000-1.7%+3.5%
Apartments169,000169,000171,0000.0%+1.2%
PROVINCE OF LIMBURGHouses with 2 or 3 outside walls (attached + semi-detached houses)230,000245,000255,000+6.5%+4.1%
Houses with 4 outside walls or more (detached houses)300,000330,000325,000+10.0%-1.5%
Apartments215,000225,000235,000+4.7%+4.4%
PROVINCE OF LUXEMBOURGHouses with 2 or 3 outside walls (attached + semi-detached houses)186,000195,000195,000+4.8%0.0%
Houses with 4 outside walls or more (detached houses)260,000258,000255,000-0.8%-1.2%
Apartments185,000209,000200,000+13.0%-4.3%
PROVINCE OF NAMURHouses with 2 or 3 outside walls (attached + semi-detached houses)185,000190,000212,000+2.7%+11.6%
Houses with 4 outside walls or more (detached houses)245,000250,000305,000+2.0%+22.0%
Apartments165,000185,000179,500+12.1%-3.0%
House prices - first quarter 2024 (2024)
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