From Buda to Debrecen: Hungarian property market sees rapid surge in 2025

Change language:

The Hungarian property market experienced a significant price surge at the beginning of 2025, with January showing a more substantial increase than anticipated. According to the latest housing price index data released by ingatlan.com, a leading real estate portal in Hungary, residential property prices rose by 9.4% year-over-year in January, accelerating from the 7.8% increase observed in December.

National and regional trends in the Hungarian property market

According to ingatlan.com, the Hungarian property market saw a 1.6% month-on-month price increase in January, doubling the 0.8% rise recorded in December. This trend is particularly pronounced in major cities, where an influx of investors has created additional demand and driven up prices.

Hungarian property market housing real estate Budapest
The Hungarian property market experienced a significant price surge at the beginning of 2025. Photo: depositphotos.com

Regional disparities

Across Hungary, different regions have experienced varying degrees of price growth. The Northern Great Plain region, which includes the city of Debrecen, has seen the highest annual price growth at 13%. Budapest closely follows with a 12% year-over-year increase, solidifying its position as a prime real estate market. In contrast, Pest County, which comprises most of the Budapest metropolitan area, has experienced a more modest 5% annual price rise.

Budapest housing market in focus

The capital city continues to lead the country in terms of property values. In early February, the average price per square meter for used apartments in Budapest reached HUF 1.17 million (approximately EUR 2,900). For the most affordable quarter of the housing stock, this figure stands at HUF 903,000 (about EUR 2,200) per square meter.

Price variations across districts

Budapest’s property market shows significant price differences between its districts. The 5th district remains the most expensive, with average prices approaching HUF 2 million (EUR 5,000) per square meter. Popular areas like the 13th district command an average of HUF 1.44 million (EUR 3,600) per square meter, while the 11th district averages HUF 1.3 million (EUR 3,200) per square meter. For those seeking more affordable options, the outer districts (15th, 17th, 18th, 20th, 21st, and 23rd) offer properties below HUF 700,000 (EUR 1,700) per square meter for the cheapest quarter of properties.

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *