Housing in the Netherlands has increased in value over the past year, based on figures by valuation agency Calcasa. The average Dutch home is now worth over half a million euros, a new record high.

Sharp increase in value of Dutch housing

Across the Netherlands, the average value of a house went up to 509.000 euros by the end of December 2024 - an increase of 12,6 percent compared to the previous year. The biggest rise in value took place among houses worth between 150.000 and 250.000 euros, which saw a 14 percent increase. This is unsurprising as the cost of buying a home has also increased, meaning just 11 Dutch municipalities have average housing prices under 300.000 euros.

These figures by Calcasa refer to the prices that homes are valued at, and not to the prices at which houses eventually sell. Transaction prices are usually higher with overbidding occurring in two-thirds of house sales. 

According to AD, the agency expects housing prices to rise by another 11,5 percent this year, mainly because more homes are being sold - 245.000 homes were sold in the last quarter of 2024 alone. As wages rise and the demand for housing increases, so will housing prices.

Dutch housing prices rose 120 percent in 20 years

De Telegraaf has reported that in 2005, the average house was worth 231.000 euros and now it is worth around 509.000 euros. That is a whopping 120 percent increase in two decades.

Calcasa found that the biggest jump in the cost of buying a house occurred in urban areas. In Amsterdam, the average price of a house went from 225.000 euros in 2005 to 647.000 euros. In Utrecht prices rose from 208.000 to 583.000 (+180 percent), while Bloemendaal saw prices jump from 492.000 euros to over 1,2 million. 

With these ever-increasing prices, first-time buyers are having a harder time entering the Dutch housing market. In fact, starters often need on average 90.000 euros in savings to afford a home in the Netherlands.