House price change in Iceland
House prices in Iceland changed by 5.1% in 2025. The value for 2025 is the lowest since 2019.
Iceland, 2025
5.1%
Change from 2024
−2.9percentage points
European Union, 2025
5.5%
Median of OECD (38 countries), 2025
5.5%
Position in 2025
18th of 29
House price change in Iceland over time
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Iceland
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
Annual average rate of change, %. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | European Union |
|---|---|---|
| 2025 | 5.1% | 5.5% |
| 2024 | 8.0% | 3.4% |
| 2023 | 7.8% | -0.3% |
| 2022 | 21.0% | 8.0% |
| 2021 | 12.5% | 8.4% |
| 2020 | 6.4% | 5.6% |
| 2019 | 4.4% | 4.9% |
| 2018 | 8.2% | 5.0% |
| 2017 | 19.5% | 4.8% |
| 2016 | 9.8% | 4.3% |
| 2015 | 8.2% | 2.3% |
| 2014 | 8.4% | 0.7% |
| 2013 | 5.8% | -1.7% |
| 2012 | 6.9% | -2.1% |
| 2011 | 4.6% | 0.6% |
| 2010 | -3.0% | 0.5% |
| 2009 | -9.7% | -3.7% |
| 2008 | 6.2% | 1.3% |
| 2007 | 9.4% | 8.5% |
| 2006 | 16.8% | 9.8% |
A dash means no value was published for that period.
In short
- That is a change of −2.9 percentage points from 8.0% in 2024.
- Since 2015, when it was 8.2%, the figure has changed by −3.1 percentage points.
- Among the 29 countries with data for 2025, Iceland has the 18th highest value.
- The figure for the European Union in 2025 was 5.5%.
More for Iceland
All statistics for Iceland
Home ownership rate
81.7%
2020 · Eurostat
Housing cost overburden rate
13.1%
2020 · Eurostat
Overcrowding rate
11.3%
2020 · Eurostat
Inability to keep home adequately warm
1.0%
2020 · Eurostat
Average household size
2.5 people per household
2020 · Eurostat
House prices, quarterly
2.7%
Q2 2026 · Eurostat