The average price of holiday homes in Norway decreased by 0.9% in 2025, with Færder, Lillesand, and Kragerø noted as the municipalities with the highest prices.
In 2025, the Norwegian holiday home market has shown a slight decline, with the average price decreasing by 0.9%. According to new statistics presented by Eiendom Norge in collaboration with Eiendomsverdi AS and Finn.no, the typical holiday home in Norway now costs approximately 2,945,961 kroner. This shift indicates a slight easing in the holiday home sector following the peaks seen in previous years.
The municipalities experiencing the highest prices are Færder, Lillesand, and Kragerø, which are renowned for their picturesque scenery and coastal access, making them prime locations for holiday homes. These areas have been popular among buyers seeking both leisure and investment opportunities. The report suggests that while there has been a decrease in average prices, these municipalities remain highly sought after, indicating sustained demand despite the overall market trend.
The broader implications of these statistics could point to changing buyer sentiments. With slight price reductions, potential buyers may find this an opportune moment to enter the market, while current owners may rethink their investment strategies. The holiday home market in Norway, often influenced by various economic factors including interest rates and tourism trends, will need continued monitoring to assess future developments.
