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Belgium’s most expensive average house prices are in Knokke and Ixelles

20:15 27/09/2022

Belgium’s most expensive homes are found in the costal resort of Knokke-Heist and in the Brussels neighbourhood of Ixelles.

The homes in each of these municipalities had a median price of €750,000 in the first half of 2022, according to the latest analysis of deeds of sale by Belgian statistical office Statbel.

Property prices have been rising throughout the country, but Wallonia remains the region where prices are lowest.

“The Walloon region is the cheapest with a median price of €170,000 for an attached townhouse or semi-detached house, and €285,000 for a detached house,” Statbel reports.

The least expensive homes can be found in Hastière on the French border in Namur province, where the cheapest houses of all types were around €73,500.

“Brussels is the most expensive region: attached and semi-detached houses there cost €486,000,” the report from Statbel reads. “The median price for a detached house amounted to €1,150,000.”

Both these numbers represent increases in price of over €50,000 for detached and semi-detached houses and €11,000 for apartments, over just one year.

Home prices in Flanders are somewhere in between: attached and semi-detached houses there cost around €280,000, with detached houses costing €390,000.

“Flemish Brabant and Walloon Brabant are the most expensive provinces,” Statbel says. “The cheapest Flemish province is Limburg, the cheapest Walloon province is Hainaut.”

Written by The Bulletin