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Autonomous community · data to June 2026

House prices in País Vasco

Appraisers valued homes in País Vasco at an average €3,102 per m² in the quarter to June 2026, up 11.1% on a year before.

Appraised value per m²
€3,102/m²
Change in a year
+11.1%

País Vasco: +234.8% in 31 years

Appraised value of free-market homes per m², by quarter

  • País Vasco
  • Spain
Show the numbers
QuarterPaís VascoSpain
Q2 2026€3,102/m²€2,355/m²
Q1 2026€3,036/m²€2,316/m²
Q4 2025€2,967/m²€2,230/m²
Q3 2025€2,866/m²€2,153/m²
Q2 2025€2,793/m²€2,094/m²
Q1 2025€2,716/m²€2,033/m²
Q4 2024€2,632/m²€1,972/m²
Q3 2024€2,583/m²€1,921/m²
Q2 2024€2,620/m²€1,896/m²
Q1 2024€2,575/m²€1,866/m²
Q4 2023€2,565/m²€1,842/m²
Q3 2023€2,529/m²€1,812/m²
Q2 2023€2,549/m²€1,793/m²
Q1 2023€2,541/m²€1,788/m²
Q4 2022€2,517/m²€1,749/m²
Q3 2022€2,524/m²€1,740/m²
Q2 2022€2,500/m²€1,741/m²
Q1 2022€2,502/m²€1,734/m²
Q4 2021€2,455/m²€1,694/m²
Q3 2021€2,421/m²€1,662/m²
Q2 2021€2,431/m²€1,649/m²
Q1 2021€2,429/m²€1,625/m²
Q4 2020€2,392/m²€1,622/m²
Q3 2020€2,344/m²€1,620/m²
Q2 2020€2,391/m²€1,610/m²
Q1 2020€2,402/m²€1,640/m²
Q4 2019€2,424/m²€1,653/m²
Q3 2019€2,403/m²€1,638/m²
Q2 2019€2,378/m²€1,637/m²
Q1 2019€2,406/m²€1,636/m²
Q4 2018€2,376/m²€1,619/m²
Q3 2018€2,339/m²€1,590/m²
Q2 2018€2,381/m²€1,588/m²
Q1 2018€2,360/m²€1,567/m²
Q4 2017€2,387/m²€1,559/m²
Q3 2017€2,367/m²€1,540/m²
Q2 2017€2,397/m²€1,530/m²
Q1 2017€2,397/m²€1,526/m²
Q4 2016€2,356/m²€1,512/m²
Q3 2016€2,362/m²€1,500/m²
Q2 2016€2,399/m²€1,506/m²
Q1 2016€2,360/m²€1,492/m²
Q4 2015€2,384/m²€1,490/m²
Q3 2015€2,405/m²€1,476/m²
Q2 2015€2,441/m²€1,477/m²
Q1 2015€2,405/m²€1,458/m²
Q4 2014€2,416/m²€1,463/m²
Q3 2014€2,439/m²€1,456/m²
Q2 2014€2,443/m²€1,459/m²
Q1 2014€2,441/m²€1,459/m²
Q4 2013€2,452/m²€1,467/m²
Q3 2013€2,506/m²€1,495/m²
Q2 2013€2,537/m²€1,503/m²
Q1 2013€2,524/m²€1,516/m²
Q4 2012€2,518/m²€1,531/m²
Q3 2012€2,508/m²€1,566/m²
Q2 2012€2,515/m²€1,606/m²
Q1 2012€2,554/m²€1,649/m²
Q4 2011€2,566/m²€1,702/m²
Q3 2011€2,599/m²€1,729/m²
Q2 2011€2,579/m²€1,752/m²
Q1 2011€2,604/m²€1,778/m²
Q4 2010€2,645/m²€1,826/m²
Q3 2010€2,621/m²€1,832/m²
Q2 2010€2,677/m²€1,849/m²
Q1 2010€2,699/m²€1,866/m²
Q4 2009€2,738/m²€1,892/m²
Q3 2009€2,767/m²€1,897/m²
Q2 2009€2,781/m²€1,921/m²
Q1 2009€2,843/m²€1,958/m²
Q4 2008€2,898/m²€2,019/m²
Q3 2008€3,024/m²€2,069/m²
Q2 2008€3,026/m²€2,096/m²
Q1 2008€3,036/m²€2,101/m²
Q4 2007€2,970/m²€2,086/m²
Q3 2007€2,955/m²€2,061/m²
Q2 2007€2,936/m²€2,055/m²
Q1 2007€2,872/m²€2,024/m²
Q4 2006€2,824/m²€1,991/m²
Q3 2006€2,816/m²€1,957/m²
Q2 2006€2,753/m²€1,942/m²
Q1 2006€2,716/m²€1,888/m²
Q4 2005€2,586/m²€1,824/m²
Q3 2005€2,538/m²€1,782/m²
Q2 2005€2,486/m²€1,753/m²
Q1 2005€2,445/m²€1,685/m²
Q4 2004€2,374/m²€1,618/m²
Q3 2004€2,305/m²€1,571/m²
Q2 2004€2,222/m²€1,539/m²
Q1 2004€2,144/m²€1,456/m²
Q4 2003€2,107/m²€1,380/m²
Q3 2003€2,102/m²€1,345/m²
Q2 2003€2,083/m²€1,310/m²
Q1 2003€2,027/m²€1,230/m²
Q4 2002€1,948/m²€1,165/m²
Q3 2002€1,907/m²€1,143/m²
Q2 2002€1,807/m²€1,117/m²
Q1 2002€1,750/m²€1,052/m²
Q4 2001€1,706/m²€993/m²
Q3 2001€1,689/m²€983/m²
Q2 2001€1,631/m²€962/m²
Q1 2001€1,562/m²€930/m²
Q4 2000€1,499/m²€893/m²
Q3 2000€1,472/m²€892/m²
Q2 2000€1,403/m²€880/m²
Q1 2000€1,342/m²€856/m²
Q4 1999€1,259/m²€829/m²
Q3 1999€1,215/m²€828/m²
Q2 1999€1,154/m²€806/m²
Q1 1999€1,090/m²€780/m²
Q4 1998€1,066/m²€757/m²
Q3 1998€1,010/m²€777/m²
Q2 1998€1,002/m²€762/m²
Q1 1998€971/m²€716/m²
Q4 1997€966/m²€703/m²
Q3 1997€944/m²€726/m²
Q2 1997€953/m²€726/m²
Q1 1997€939/m²€691/m²
Q4 1996€971/m²€694/m²
Q3 1996€971/m²€691/m²
Q2 1996€929/m²€698/m²
Q1 1996€939/m²€686/m²
Q4 1995€905/m²€693/m²
Q3 1995€927/m²€683/m²
Q2 1995€922/m²€686/m²
Q1 1995€927/m²€671/m²

País Vasco: house prices since 2007

INE house price index, all dwellings, quarterly

  • País Vasco
  • 2015 = 100
Show the numbers
QuarterPaís Vasco
Q2 2026109.3
Q1 2026106.0
Q4 2025102.8
Q3 2025101.6
Q2 202599.4
Q1 202596.1
Q4 202491.6
Q3 202491.0
Q2 202488.5
Q1 202485.5
Q4 202382.7
Q3 202384.0
Q2 202381.6
Q1 202380.4
Q4 202279.6
Q3 202280.9
Q2 202279.2
Q1 202278.0
Q4 202175.9
Q3 202175.0
Q2 202174.3
Q1 202173.4
Q4 202072.8
Q3 202074.0
Q2 202072.5
Q1 202073.2
Q4 201971.3
Q3 201972.7
Q2 201971.3
Q1 201970.8
Q4 201869.2
Q3 201869.3
Q2 201868.7
Q1 201867.0
Q4 201765.9
Q3 201766.1
Q2 201764.9
Q1 201763.1
Q4 201661.5
Q3 201662.5
Q2 201662.1
Q1 201661.1
Q4 201560.8
Q3 201560.4
Q2 201560.4
Q1 201559.4
Q4 201459.9
Q3 201459.8
Q2 201459.3
Q1 201459.8
Q4 201359.9
Q3 201361.0
Q2 201360.1
Q1 201359.0
Q4 201263.2
Q3 201264.2
Q2 201266.7
Q1 201267.8
Q4 201172.9
Q3 201175.8
Q2 201179.0
Q1 201180.8
Q4 201083.0
Q3 201083.0
Q2 201084.7
Q1 201083.5
Q4 200984.2
Q3 200983.5
Q2 200985.1
Q1 200986.9
Q4 200890.6
Q3 200893.2
Q2 200897.4
Q1 200897.4
Q4 200798.5
Q3 200799.5
Q2 200798.6
Q1 200796.0

Reports for País Vasco

Each report opens the full series and the assumptions behind these figures.

Figures for Spain: País Vasco has no reliable figures of its own.

At the average appraised value, a 90 m² home costs €279,207. With 10% down and a 30-year mortgage, the payment is €1,065 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
32%
Payment, one income
64%

29.1% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,963
Per 1,000 residents
1.8

Buyers living abroad bought 0.7% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.7%

Appraised values have fallen by 3% or more 2 times since 1995. The deepest began in Q1 2008.

Deepest fall
−22.9%
Recovery from the low
90 months

In 2024 the population grew by 14,743 while 4,293 homes were finished: 3.4 new residents for every new home.

New residents per new home, 2024
3.4
Population change, 2024
+14,743

6.5% of the 1,075,076 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.5%
Empty homes
69,692

In 2025, 15% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Homes in existing buildings, 2025
15%

Public bodies signed €148.6M of housing works here in 2025, and €259.5M since 2017.

Signed in 2025
€148.6M
Per resident, 2025
€66