Engel & Völkers
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Property prices in Tyrol

Price developments and trends

Hochwertiges Chalet in den Kitzbüheler Alpen mit Holzbalkonen, Garten und malerischem Bergpanorama.

Property prices in Tyrol are high, with prices continuing to rise in recent years. In addition to the popular city of Innsbruck, demand is particularly strong in tourist regions such as Kitzbühel or Seefeld. Typical chalets with mountain views in these areas are among the most exclusive in the state.

Table of Content

  1. How are real estate prices developing in Tyrol?

  2. How are real estate prices developing in Innsbruck?

  3. How are real estate prices developing in the Kitzbühel region?

  4. How are real estate prices developing in Seefeld?

  5. Contact persons – what your local experts say

How are real estate prices developing in Tyrol?

As a result of interest rate developments, average real estate prices in Tyrol partially slowed down in the previous year 2023. In 2024, slowly declining interest rates and isolated price corrections are becoming noticeable and show an increase in transactions. The average real estate price for single and two-family houses is settling at around 800,000 euros. In addition to the high quality of life, the mostly excellent architecture and quality of the properties also play a special role in the high price level. Increasingly, the focus is on prudent and sustainable construction as well as the connection between tradition and modernity.

In the condominium segment, square meter prices at just under 5,800 euros remain significantly above the national average price. However, the price differences between districts are high. Kitzbühel as well as Innsbruck and surroundings are on the higher-priced side, while districts such as Lienz, Reutte and Imst are on the other side.

Engel & Völkers

Real Estate in Tyrol

How are real estate prices developing in Innsbruck?

The demand for residential real estate in Tyrol's only major city is high, but single-family houses or building land are hardly available on the market anymore. With regard to real estate prices, Innsbruck belongs to the top group among Austria's major cities. Many families are drawn to the well-connected villages in the surrounding area, which are very attractive for living.

How are real estate prices developing in the Kitzbühel region?

Kitzbühel remains Austria's top region in price comparison. The region's real estate market embodies luxurious exclusivity and timeless elegance. Real estate prices have also risen significantly for central locations. Houses changed hands in 2024 for an average of around 2.7 million euros. However, special properties can also be traded for top prices of up to 35.5 million euros.

Kitzbühel stands out from other places in the Austrian Alps through its exclusivity. The pronounced premium segment experiences strong demand.

The average real estate price for condominiums is over 8,000 euros per square meter.

Zwei Coverbilder der Engel & Völkers Marktberichte 2025: links Wien mit Altstadtgasse, rechts Tirol mit Holzfensterblick auf die Berge

Market Report Tyrol · 2025

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How are real estate prices developing in Seefeld?

In the region, leisure residences are particularly in demand, but local customers are also interested in single-family houses to move out of condominiums or rental situations. Real estate prices in the region remain stable at a high level. In the single and two-family house segment, the average price is around 520,000 euros. Real estate prices for apartments average around 4,700 euros per square meter. Compared to some other popular Alpine ski resorts, the price level is even still moderate.

Due to the high influx to Tyrol, demand will continue to remain high. Smaller towns or hamlets such as Leutasch, Scharnitz or Reith b. Seefeld have experienced great approval from the buyer segment in recent years through newly created infrastructure and attractive leisure offerings. Demand for leisure real estate will also remain at a high level.

Elegant living room featuring tall French windows, a cream L-shaped sectional sofa, herringbone wooden flooring, white walls, decorative radiators, and natural sunlight casting geometric shadows across the room, with a potted fiddle leaf fig plant in the corner

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Contact persons – what your local experts say

"Tyrol offers not only alpine natural space, local recreation areas and diverse leisure activities, but is also an attractive business location and offers excellent infrastructure. The region offers real estate with outstanding architecture and construction in idyllic landscapes. Many people wish for such a feel-good oasis as their home. More and more clients from Germany want to move to Tyrol with their families and live here as their primary residence. In addition, affordable housing concepts are being sought and the sustainability of architecture is also playing a growing role."

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