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Vienna real estate prices stable: demand increases by 23%!
Döbling shows stable real estate prices in 2025 despite slight declines. Demand for condominiums increases by 23%.
Vienna real estate prices stable: demand increases by 23%!
The residential real estate market in Vienna was surprisingly stable in the first half of 2025. According to a recent Data analysis by ImmoScout24 The median price per square meter increased slightly from 6,541 euros to 6,615 euros. While the overall picture shows a moderate increase of 1% compared to the previous year, the demand for condominiums has surprisingly increased by 23%.
However, prices vary greatly depending on the district. While inner-city locations such as the 1st district still have the highest prices at 16,381 euros per square meter, they recorded a decline of 7%. In contrast, there is Wieden (4th district), where prices rose by 2% to 9,745 euros. Alsergrund (9th district) enjoyed an increase of 15% and is now at 8,687 euros.
Price development in the districts
The analysis shows that medium-priced locations in particular are seeing slight increases, while some of the most sought-after locations are suffering a decline. Below is an overview of the current prices per square meter in selected districts:
| district | Price per m² | Price change |
|---|---|---|
| Inner city (1st district) | €16,381 | -7% |
| Wieden (4th district) | €9,745 | +2% |
| Alsergrund (9th district) | €8,687 | +15% |
| Döbling (19th district) | €8,623 | -2% |
| Mariahilf (6th district) | €7,696 | +6% |
The trend seems to show increasing demand in some districts such as Mariahilf (+57%), Brigittenau (+47%) and Landstrasse (+44%). On the other hand, declines have been observed in districts such as Josefstadt (-5%) and Alsergrund (-20%). Another exciting aspect: 11 districts now have purchase prices for a 70 square meter apartment over 500,000 euros.
Vienna real estate market in transition
In recent years, demand for real estate in Vienna has increased sharply, primarily due to the Corona crisis and the historically low interest rates until the beginning of 2022. As a result, real estate prices rose by more than 10 percent last year. Loud Real Estate Sales24 The price per square meter for condominiums currently averages 4,905 euros, which underlines the price dynamics compared to the same time last year.
Nevertheless, there is a trend reversal, especially since mid-2022, as rising loan interest rates and inflation weigh on demand. Those too Analyzes by Engel & Völkers point to a stabilization through price corrections and cautious market development, even for luxury properties, which are more resilient to economic influences.
While the market continues to experience exciting developments, buying and selling real estate in Vienna is becoming increasingly complex. Detailed advice from experts is therefore the order of the day in order to safely navigate the jungle of price and market changes. Buyers and sellers may therefore need a good hand to make the best decisions.