Norway House Price Slows in September

2026-10-05 09:22 By Nicole Aliyah 1 min. read

House prices in Norway rose 0.3% month-on-month in September 2026, slightly easing from a 0.8% rise in the previous month.

Residential sales totaled 10,491 units, 5.8% less than a year earlier, while 10,904 homes were listed for sale, down 4.2% year-on-year.

The average selling time decreased to 48 days from 50 days in August, with homes selling fastest in Bergen (15 days) and slowest in Fredrikstad/Sarpsborg (91 days).

Regionally, Ålesund recorded the strongest monthly price growth at 1.9%.

In contrast, Fredrikstad/Sarpsborg and Kristiansand and surrounding areas recorded the weakest price development, declining by 0.2%.

On an annual basis, house prices rose 2.4%, slowing slightly from 2.4% in August.

For the January–September 2026 period, prices were 4.2% higher than in the corresponding period of 2025.



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Norway House Price Slows in September
House prices in Norway rose 0.3% month-on-month in September 2026, slightly easing from a 0.8% rise in the previous month. Residential sales totaled 10,491 units, 5.8% less than a year earlier, while 10,904 homes were listed for sale, down 4.2% year-on-year. The average selling time decreased to 48 days from 50 days in August, with homes selling fastest in Bergen (15 days) and slowest in Fredrikstad/Sarpsborg (91 days). Regionally, Ålesund recorded the strongest monthly price growth at 1.9%. In contrast, Fredrikstad/Sarpsborg and Kristiansand and surrounding areas recorded the weakest price development, declining by 0.2%. On an annual basis, house prices rose 2.4%, slowing slightly from 2.4% in August. For the January–September 2026 period, prices were 4.2% higher than in the corresponding period of 2025.
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House prices in Norway fell 1.1% month-on-month in July 2026, reversing a 0.3% increase in June and marking the steepest monthly decline since March 2020. Residential sales totaled 5,016 units, down 11.3% from a year earlier, while 3,677 homes were listed for sale, up 2.3% year-on-year. The average selling time increased to 62 days from 40 days in June, with homes selling fastest in Bergen (17 days) and slowest in Bodø w/Fauske (109 days). Regionally, Tromsø recorded the strongest monthly price growth at 0.5%, while Tønsberg w/Færder posted the sharpest decline at 2.6%. On an annual basis, house prices rose 2.2%, easing from 3.8% in June and marking the slowest annual increase since June 2024. For the January–July period, prices were 2.8% higher than in the corresponding period of 2025.
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