Housing prices in the municipality of Luxembourg

Property prices trend in Luxembourg

The following charts show price trends over time for all types of residential property in Luxembourg, both for sale and for rent.

In November 2024 the average price asked for residential properties for sale was € 12,048 per square meter, with a decrease of 3.05% compared to November 2023 (12,427 €/m²). Over the past 2 years, the average price in Luxembourg municipality reached its peak in March 2023, with a value of € 12,689 per square meter.

In November 2024 the average price asked for residential rental properties was € 33.95 per month per square meter, with an increase of 6.26% compared to November 2023 (€ 31.95 monthly per square meter). Over the past 2 years, the average price in Luxembourg municipality reached its peak in November 2024, with a value of € 33.95 per square meter. The month with the lowest asking price was January 2023: for a rental property, the average price asked was € 29.60 per month per square meter.

Prices per square meter of the zones in Luxembourg

During November 2024, the asking price for properties for sale in Luxembourg was highest in the Belair area, with € 14,327 per square meter. The lowest price, instead, was in the Grund area, with an average of € 4,606 per square meter.
During the same month, the asking price for rental properties in Luxembourg was highest in the Grund area, with € 48.28 per month per square meter. The lowest price, instead, was in the Beggen area, with an average of € 27.96 per month per square meter.

The following charts show information about the real estate property of the municipality of Luxembourg and a summary of the demographic and socio-economic aspects that characterize its resident population, consisting of 124,509 inhabitants.