CARD. House prices have risen again: see here how much a house or apartment costs in your municipality

House prices rose again last year, but less sharply than in 2022. The largest increases were in Flanders, data from the statistics agency Statbel showed on Thursday.

For a house in Flanders in closed or semi-detached buildings (i.e. with two or three facades), the median price rose in 2023 to just under 300,000 euros: 298,120 euros or 4.6 percent more than in 2022. The median price for an open building exceeded 400,000 euros, up to 410,000 euros (+3.8 percent). An apartment in Flanders became 4.3 percent more expensive to 245,000 euros.

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“The Flemish Region is the only region where prices have risen again for all categories,” says Statbel. Price increases were higher in 2022; then it was about 7 percent in the various categories in Flanders.

The most expensive Flemish province is Flemish Brabant, the cheapest is Limburg. At municipal level, the West Flemish seaside resort of Knokke-Heist is the most expensive for both houses (median price 737,500 euros) and apartments (555,000 euros). Menen, also in West Flanders, is the only municipality where the median price for a house is still below 200,000 euros (at 180,000 euros); for apartments, the Flemish Brabant region is the cheapest (160,000 euros).

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Throughout Belgium, the median price for a closed or semi-detached building was 260,000 euros in 2023 (+2 percent compared to 2023). For an open-plan building this was 369,000 euros (+2.5 percent) and for an apartment 239,000 euros (+3.9 percent).