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Odense · report

Renovation in Odense

In 2025, 9% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
9%

Homes finished in Odense, by type of work

Dwellings completed each year in new buildings, by extending buildings and by converting them. Statistics Denmark.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
20251,03561421,138
20241,30821351,364
20231,773142591,974
20221,523228191,770
20219201631251,208
20201,429581191,606
20192,267841422,493
20181,151841521,387
20178621071271,096
20169103133071,530
20154452880553
20142971187395
201327118071522
20126583254744
20112236928320
20103343357424
20094412239502
20085411295648
20076063273711
200647711451642

Statistics Denmark counts dwellings, so renovation that adds no dwelling is not counted. A conversion turns part of a building, or a whole one, into homes.

Other reports for Odense

Asking prices have an 80% chance of landing between DKK 25,148/m² and DKK 28,839/m² by September 2027.

Expected, September 2027
DKK 26,993/m²
Chance of a rise
93%

At the average sale price of houses, a 90 m² home costs DKK 1,892,610. With 10% down and a 30-year mortgage, the payment is DKK 8,113 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.

Payment, two incomes
18%
Payment, one income
36%

Houses sold in Q2 2026 had first been offered at 4.7% more than they fetched. A year ago the gap was +6.6%.

Gap today
+4.7%
Change in a year
−2.0 pp

86.2% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
208
Per 1,000 residents
1.0

Asking prices have fallen by 3% or more 7 times since 2004. The deepest began in July 2008.

Deepest fall
−17.5%
Recovery from the low
57 months

In 2025 the population grew by 2,332 while 1,138 homes were finished: 2.0 new residents for every new home.

New residents per new home, 2025
2.0
Population change, 2025
+2,332

5.4% of the 113,094 homes registered on 1 January 2026 had nobody living in them.

Empty, 2026
5.4%
Empty homes
6,143