Here is where you can find the cheapest properties for sale in Hungary

Over the past few years, real estate prices have shown quite significant increases in the capital and in cities with county rights, such as Debrecen, Tatabánya, Veszprém, and Érd. The lowest property prices can be found in Salgótarján, Nagykanizsa, and Dunaújváros.

Based on the data of Otthon Centrum, compared to last year, the price per square metre increased for all types of used properties in the Hungarian cities with county rights in the first nine months of this year. According to the real estate company, the average price per square metre of used condominiums in these cities reached HUF 387,000 (~EUR 1,065) in the first nine months, which means a 10.3% increase compared to the same period last year.

In most cities, unit prices rose by 5−15%, and there was no change in the average prices in Nyíregyháza, Szeged, and Sopron, writes 24.

The prices of condominiums increased the most, by more than 20%, in Veszprém, Tatabánya, Székesfehérvár, and Miskolc.

The highs and lows of property prices

Compared to last year, Érd came in first as the city with the highest price per square metre: it is on average HUF 600,000 (~EUR 1,652). Debrecen and Székesfehérvár ranked second on the list of cities with the most expensive property prices. The average price per square metre was HUF 520,000 (~EUR 1,431) in these two cities. Győr placed fourth, with an average price of HUF 500,000 (~EUR 1,376).

As far as the cheapest cities are concerned, their order has not changed, explains 444.

Salgótarján managed to keep its position as the city with the lowest average price per square metre: HUF 150,000 (~EUR 413). The average price per square meter was HUF 240,000 (~EUR 661) in Nagykanizsa and HUF 260,000 (~EUR 716) in Dunaújváros.

In the other examined cities, the average price per square metre was around HUF 300,000−450,000 (~EUR 826−1239).

Block of flats

In the case of blocks of flats, the average price per square metre rose to HUF 348,000 (~EUR 958), which means an average increase of 12.8%.

The only city that was not affected by this increase was Dunaújváros.

Otthon Centrum measured the highest increase − more than 20% − in Pécs and Debrecen. Sopron became the most expensive city, with an average price of HUF 450,000 (~EUR 1,239) per square metre. Debrecen and Székesfehérvár placed second, with an average price of HUF 440,000 (~EUR 1,211) per square metre. Érd and Győr also ranked in the top 5.

Here is where you can buy beautiful, traditional Hungarian houses cheap!

Out of the 23 cities with county rights, Salgótarján, Nagykanizsa, and Dunaújváros had the lowest average price per square metre, approximately HUF 200,000 (~EUR 551).

In most cities, the average price per square metre was between HUF 250,000−350,000 (~EUR 688−963) in the case of blocks of flats.

Detached houses

Property prices showed a similar pattern in the last category. The average price per square metre of detached houses was HUF 307,000 (~EUR 845) in the period between January and September. This means a 19.7% increase compared to the same period in 2020.

Tatabánya was the most expensive city with an average price of HUF 395,000 (~EUR 1,087) per square metre.

Debrecen placed second with an average price of 387,000 (~EUR 1,065), followed by Sopron (HUF 384,000 [~EUR 1,057]) and Érd (HUF 379,000 [~EUR 1,043]). Salgótarján, Nagykanizsa, and Dunaújváros became the cheapest cities again, with an average price of about HUF 200,000 (~EUR 551) per square metre.