Ixelles area is the most expensive region for housing in Belgium
Statbel, the Belgian statistical office, published the real estate figures for the full year 2022, down to the municipal level. The main results are the following:
The Belgian median price for an attached or semi-detached house amounted to 255,000 euros. A buyer had to pay 360,000 euros for a detached house.
The Brussels-Capital Region was the most expensive region. Attached and semi-detached houses cost there 491,750 euros. The price for a detached house amounted to 1,150,000 euros.
The Walloon Region was the cheapest with a median price of 175,000 euros for an attached or semi-detached house, and 290,000 euros for a detached house.
Prices in the Flemish Region are between these two extremes: attached and semi-detached houses cost there 285,000 euros. The price for a detached house amounted to 395,000 euros.
In the Flemish Region, the cheapest province is Limburg and the most expensive is Flemish Brabant. In the Walloon Region, the cheapest province is Hainaut and the most expensive is Walloon Brabant.
Ixelles was the most expensive municipality for houses. The cheapest houses can be found in Hastière.
The most expensive apartments are found in Knokke-Heist. The cheapest apartments can be found in Vielsalm.
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 255,000 euros for the whole year 2022. The price of a detached house was 360,000 euros. The price of apartments was 230,000 euros.
The price rise for houses in 2022 is in the same range as in 2021: median prices of attached and semi-detached houses increased by 8.5%. The price for detached houses increased by 6.8%. The price increase among flats was less pronounced than the year before: they became 5% more expensive.
The regions
Clear regional differences can be noted:
The Brussels-Capital Region is the most expensive region for all types of dwellings. Attached and semi-detached houses cost 491,750 euros and have become 8.1 % more expensive. Detached house cost €1,150,000 and remain at the same level as the previous year. The median price for apartments increased to 254,750 euros, i.e. a price increase of 6.1%.
The Walloon Region was the cheapest. In 2022, attached and semi-detached houses have registered, with a median price of 175,000 euros, a price increase of 10,000 euros (+6.1 %) compared to 2021. The median price of detached houses has increased in Wallonia by 6.2 % and now stands at 290,000 euros. With a price increase of 10,000 euros, apartments became 6.1% more expensive and cost 175,000 euros, the same price as for an attached or semi-detached house.
The Flemish Region is in between. Attached and semi-detached houses cost there 285,000 euros, an increase of 20,000 euros (+7.5 %) compared to 2021. Detached houses (395,000 euros) experienced a 6.8% price increase compared to the previous year. Apartments cost 235,000 euros. They became 15,000 euros (+6.8%) more expensive.
The provinces
In the Flemish Region, in 2022, houses and apartments were most expensive in the province of Flemish Brabant: an attached or semi-detached house there cost 340,000 euros. For a detached house the median price was 445,000 euros. The median price of apartments amounted to 257,500 euros. In Limburg, houses and apartments were the cheapest: 237,000 euros for an attached or semi-detached house, 300,000 euros for a detached house and 217,750 euros for an apartment.
In the Walloon Region, the province of Walloon Brabant is the most expensive for all categories: attached and semi-detached houses cost there 315,000 euros, the median price of a detached house was 465,000 euros and apartments reached a level of 245,000 euros. Hainaut was the cheapest for attached or semi-detached houses (150,000 euros) and apartments (145,000 euros). The cheapest detached houses were found in the province of Namur (251,000 euros).
Source: Statbel
