TL;DR Current real estate prices for Q1 2026 show that both purchase prices and rental rates continue to rise in Vienna and Salzburg. While the purchase price indices for Salzburg and Vienna indicate renewed momentum in the housing market, rental price indices also remain tight due to high demand and low supply. Seven factors are particularly crucial—including location, demand, new construction activity, interest rates, and prices per square meter. This guide provides an overview of the most important trends and current real estate prices for 2026.
The development of the current real estate prices will remain one of the most important issues for buyers, sellers, investors, and renters in 2026 as well. The regions of Salzburg and Vienna, in particular, remain in the spotlight: While the Real Estate Purchase Prices While demand is picking up again in many segments, at the same time, the Real Estate Rental Rates significantly.
But what does the current Salzburg Real Estate Price Index What about? How is the Vienna Rent Index? And what trends do the latest market reports show?
This article provides a concise overview of the most important developments in the Austrian real estate market in 2026—based on current market analyses and data reports.
Real Estate Purchase Prices in 2026: A Reversal of the Market Trend?
After a period of caution, 2026 saw a clear market recovery. According to the latest ImmoScout24 data analysis, asking prices for single-family homes across Austria rose by an average of 6 percent to around €4,070 per square meter. At the same time, demand for homes increased by 8 percent.
Condominium prices are also on the rise again: The average price per square meter for condominiums in Austria increased in 2025 from €5,810/m² to €6,041/m². This represents a 4 percent increase. Demand grew particularly strongly in Vienna and Styria.
| Segment | Development | Average Price | Change |
|---|---|---|---|
| Single-family homes | rising demand | 4,070 €/m² | +6 % |
| Condominiums | moderate price increase | 6,041 €/m² | +4 % |
| Demand for Apartments | rising sharply | throughout Austria | +17 % |
| Homes for Sale | rising | throughout Austria | +8 % |
Tip: Falling interest rates and growing interest in homeownership are currently injecting new momentum into the market.
Salzburg Real Estate Price Index: High Prices Remain Stable
The Salzburg Real Estate Price Index continues to show high prices. The city of Salzburg, in particular, is one of Austria's most exclusive places to live.
In 2025, approximately 920 pre-owned apartments were sold—about 25 percent more than in the previous year. At the same time, prices for pre-owned 3-room apartments measuring about 70 m² rose to an average of 332,000 euros, or 4,750 euros per square meter.
| Location | Average Price |
|---|---|
| Old Town, Aigen, Riedenburg | over 8,500 €/m² |
| Parsch, Morzg, Gneis | 7.500-8.500 €/m² |
| Maxglan, Mülln, Southern Salzburg | starting at 6,500 €/m² |
| Pre-owned 3-room apartment | Approx. €332,000 |
| Pre-owned Apartments | Average: €4,750/m² |
The data clearly shows that Salzburg remains a stable market with high demand and limited supply.
Vienna Housing Price Index: Increased Activity in the Homeownership Market
The Vienna Real Estate Price Index also shows growing interest in the home ownership segment in 2026.
The Vienna Market Update for Q1 2026 describes a historically severe shortage of supply. At the same time, demand for condominiums is rising significantly due to the tight rental market.
| Range | Development |
|---|---|
| Condominiums | rising demand |
| New Construction | still tight |
| Top locations | Stable to rising prices |
| Investment Apartments | stable returns |
| Interest in purchasing | significantly higher than in 2024 |
According to the market update, investment apartments in particular are benefiting from stable returns and very good rental prospects.
Real Estate Rental Rates: Housing Is Getting More Expensive
It's not just purchase prices that are rising: The Real Estate Rental Rates continue to rise across Austria.
The average asking rent in the first quarter of 2026 was approximately 16 €/m². This represents an increase of about 8 percent compared with the previous year. At the same time, the supply of rental properties rose slightly for the first time.
| Key figure | Value |
|---|---|
| Average Listed Rent | 16 €/m² |
| Price Trends | +8 % |
| Average rent for a 70 m² apartment | 1.126 € |
| Rental Listing | +9 % |
| Demand Trends | +2 % |
Reasons for Rising Rent Prices
| Influencing factor | Impact |
|---|---|
| low level of new construction | lower supply |
| high demand | rising prices |
| rising construction costs | higher rents |
| Metropolitan areas | additional price pressure |
Salzburg Rent Index: Moderate Increases
The current Salzburg Rent Index also shows rising prices.
According to ImmoScout24 In the first quarter of 2026, the average net rent (excluding utilities) in Salzburg was approximately 7.23 €/m². This represents an increase of 5.9 percent compared with the same quarter of the previous year. The highest average rents were approximately 10.17 €/m².
| Key figure | Value |
|---|---|
| Average net rent (excluding utilities) | 7.23 €/m² |
| Highest Average Value | 10.17 €/m² |
| Price Trends | +5,9 % |
| Demand | remains high |
| In high demand | central city locations |
Vienna Rent Index: Excess Demand Remains High
The Vienna Rent Index shows particularly strong growth in 2026.
| Range | Development |
|---|---|
| Demand | very high |
| Offer | very limited |
| Completions | all-time low |
| Rental Rates | rise above inflation |
| Investment Apartments | high rental potential |
Key Takeaways
- Real estate prices will rise moderately again in 2026.
- The Salzburg housing price index remains stable at a very high level.
- The Vienna Purchase Price Index shows renewed momentum in the condominium market.
- Real estate rental prices continue to rise significantly throughout Austria.
- The Salzburg Rent Index shows an increase of about 5.9 %.
- The Vienna rent index remains particularly tight due to strong demand.
- Limited supply and low levels of new construction are further driving up prices.
Conclusion: Current real estate prices will remain under pressure in 2026
The current real estate prices clearly show that both purchase and rental prices in Austria continue to rise. Vienna and Salzburg, in particular, remain strong real estate markets due to their appeal, high demand, and limited supply.
Anyone looking to buy, sell, or invest should closely monitor the regional market and seek professional advice.
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FAQs: Current Real Estate Prices for Q1 2026 in Salzburg and Vienna
How will real estate prices in Austria trend in 2026?
The latest data shows that real estate purchase prices are rising again. Prices for single-family homes rose by an average of 6 percent, while prices for condominiums rose by about 4 percent.
What will the Salzburg 2026 home price index be?
Particularly sought-after neighborhoods such as Altstadt, Aigen, and Riedenburg continue to command prices of over 8,500 €/m².
How is the Vienna Home Price Index trending?
The Vienna real estate market is showing renewed momentum. Condos and investment properties, in particular, remain in high demand.
What are the current rental rates for real estate?
The average asking rent across Austria in 2026 will be around 16 €/m².
Why Are Real Estate Rents Rising?
The main reasons are low levels of new construction, rising construction costs, and high demand in metropolitan areas.
