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Real estate prices Lower Austria

Price developments and trends

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Lower Austria is the largest federal state in terms of area and is projected to see approximately 6,900 single-family and two-family homes sold in 2025, making it by far the largest market in the country in this segment. However, the price differences between the districts within the state are enormous. Real estate prices in the districts directly bordering Vienna—such as Mödling, Tulln, or Korneuburg—are, on average, nearly twice as high as in the westernmost districts. In the so-called “affluent suburbs,” older villas continue to set the tone. Large outdoor spaces and high-quality finishes are increasingly in demand.

Table of Content

  1. How are real estate prices developing in Lower Austria?

  2. How are real estate prices developing in Baden bei Wien?

  3. How are real estate prices developing in Klosterneuburg?

  4. How are real estate prices developing in Mödling?

  5. Contact persons – what your local experts say

The Tyrol Market

Prices and Transactions

Average Sales Prices for Condominiums (in €/m²)

Sources: Immoservice Austria/terravistor GmbH, ZT datenforum, Engel & Völkers

Average Sales Prices for Houses (in €)

Sources: Immoservice Austria/terravistor GmbH, ZT datenforum, Engel & Völkers

Transactionsvolume (in €)

Sources: Immoservice Austria/terravistor GmbH, ZT datenforum, Engel & Völkers

Number of Transactions

Sources: Immoservice Austria/terravistor GmbH, ZT datenforum, Engel & Völkers


How are real estate prices developing in Lower Austria?

Vienna’s outskirts continue to expand and now extend as far as Sankt Pölten and the Hungarian border. The average price per square meter for condominiums will be just under 3,900 euros in 2025. Prices in Lower Austria are thus below the national average price per square meter of around 4,600 euros. In the immediate Vienna suburbs, prices showed signs of recovery and stand at 4,800 euros per square meter. In the single-family and two-family home segment, the number of transactions and transaction volume have increased compared to the previous year. The median sales price in the second quarter of 2025 was around 300,000 euros, remaining at a similar level to 2023.

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Real estate in Lower Austria

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How are real estate prices developing in Baden bei Wien?

Baden is located in the district of the same name in the popular Industrial Quarter south of Vienna. The proximity to the federal capital and the high quality of life in the beautiful imperial city make it a very popular place to live, which is expected to grow significantly in the future. Real estate prices have risen especially in the single-family house segment, as houses with gardens are particularly in demand.

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How are real estate prices developing in Klosterneuburg?

The third-largest city in Lower Austria is growing significantly and is expected to exceed the 30,000 inhabitant mark in the coming years. Klosterneuburg borders directly on Vienna's 19th district and, together with its sister city Korneuburg on the other side of the Danube, forms the northern end of the Vienna metropolitan area. Due to extensive new construction, the supply of residential real estate will continue to grow in the future and represent an alternative to the high real estate prices of the city for more and more Viennese.

Prices 2025 for all Districts
DistrictApartment TransactionsAverage Apartment Sale Price (EUR/m²) – Latest QuarterHouse TransactionsAverage House Sale Price (EUR) – Latest Quarter
Amstetten1322,704240251,536
Baden5303,910617429,599
Bruck an der Leitha3493,806430349,857
Gmünd28164110,870
Gänserndorf1483,017664259,444
Hollabrunn542,581374122,522
Horn50171168,608
Korneuburg2604,313414410,959
Krems an der Donau(Stadt)1513,93042321,700
Krems(Land)662,005210229,501

Sources: Immoservice Austria/terravistor GmbH, ZT datenforum, Engel & Völkers

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How are real estate prices developing in Mödling?

Mödling is the district capital of the district of the same name, which is part of the Vienna metropolitan area and directly borders the city. The city is therefore located in the northern part of Lower Austria's so-called Industrial Quarter and simultaneously in the eastern foothills of the Vienna Woods. The location between nature and metropolis convinces many people and contributes significantly to making the Mödling district the most expensive in Lower Austria. Average real estate prices are significantly above the state average.

Contact persons – what your local experts say

'Lower Austria forms Vienna's surrounding area and is especially popular with families who love good infrastructure, living in green surroundings, and proximity to the big city. Especially the very well-connected places are therefore in demand. Prices here are also considerably lower than in Vienna itself. Generally, single-family houses are particularly sought after. These can be historic villas or also properties with generous plots and beautiful garden areas. High living quality is essential here.'

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