Denmark · report
House prices in Denmark: the next 12 months
Asking prices have an 80% chance of landing between DKK 24,169/m² and DKK 26,148/m² by September 2027.
- Expected, September 2027
- DKK 25,158/m²
- Chance of a rise
- 96%
Denmark: five years of prices and the expected path
Asking price of houses, DKK per m², monthly, with the next 12 months' expected path
- Denmark
- Expected path
- 80% range
Show the numbers
| Period | Denmark |
|---|---|
| Sep 2027 · Expected path | DKK 25,158/m² (DKK 24,169/m²–DKK 26,148/m²) |
| Aug 2027 · Expected path | DKK 25,047/m² (DKK 24,121/m²–DKK 25,972/m²) |
| Jul 2027 · Expected path | DKK 24,935/m² (DKK 24,074/m²–DKK 25,796/m²) |
| Jun 2027 · Expected path | DKK 24,823/m² (DKK 24,027/m²–DKK 25,619/m²) |
| May 2027 · Expected path | DKK 24,711/m² (DKK 23,981/m²–DKK 25,441/m²) |
| Apr 2027 · Expected path | DKK 24,599/m² (DKK 23,936/m²–DKK 25,263/m²) |
| Mar 2027 · Expected path | DKK 24,488/m² (DKK 23,892/m²–DKK 25,084/m²) |
| Feb 2027 · Expected path | DKK 24,376/m² (DKK 23,849/m²–DKK 24,902/m²) |
| Jan 2027 · Expected path | DKK 24,264/m² (DKK 23,809/m²–DKK 24,719/m²) |
| Dec 2026 · Expected path | DKK 24,152/m² (DKK 23,773/m²–DKK 24,532/m²) |
| Nov 2026 · Expected path | DKK 24,041/m² (DKK 23,743/m²–DKK 24,338/m²) |
| Oct 2026 · Expected path | DKK 23,929/m² (DKK 23,727/m²–DKK 24,130/m²) |
| Sep 2026 | DKK 23,817/m² |
| Aug 2026 | DKK 23,735/m² |
| Jul 2026 | DKK 23,604/m² |
| Jun 2026 | DKK 23,596/m² |
| May 2026 | DKK 23,458/m² |
| Apr 2026 | DKK 23,314/m² |
| Mar 2026 | DKK 23,125/m² |
| Feb 2026 | DKK 22,799/m² |
| Jan 2026 | DKK 22,569/m² |
| Dec 2025 | DKK 22,411/m² |
| Nov 2025 | DKK 22,401/m² |
| Oct 2025 | DKK 22,461/m² |
| Sep 2025 | DKK 22,237/m² |
| Aug 2025 | DKK 22,121/m² |
| Jul 2025 | DKK 21,941/m² |
| Jun 2025 | DKK 21,620/m² |
| May 2025 | DKK 21,525/m² |
| Apr 2025 | DKK 21,267/m² |
| Mar 2025 | DKK 21,162/m² |
| Feb 2025 | DKK 20,931/m² |
| Jan 2025 | DKK 20,800/m² |
| Dec 2024 | DKK 20,710/m² |
| Nov 2024 | DKK 20,639/m² |
| Oct 2024 | DKK 20,690/m² |
| Sep 2024 | DKK 20,717/m² |
| Aug 2024 | DKK 20,633/m² |
| Jul 2024 | DKK 20,447/m² |
| Jun 2024 | DKK 20,489/m² |
| May 2024 | DKK 20,400/m² |
| Apr 2024 | DKK 20,345/m² |
| Mar 2024 | DKK 20,275/m² |
| Feb 2024 | DKK 20,175/m² |
| Jan 2024 | DKK 20,110/m² |
| Dec 2023 | DKK 20,072/m² |
| Nov 2023 | DKK 20,161/m² |
| Oct 2023 | DKK 20,146/m² |
| Sep 2023 | DKK 19,972/m² |
| Aug 2023 | DKK 19,841/m² |
| Jul 2023 | DKK 19,678/m² |
| Jun 2023 | DKK 19,660/m² |
| May 2023 | DKK 19,555/m² |
| Apr 2023 | DKK 19,368/m² |
| Mar 2023 | DKK 19,341/m² |
| Feb 2023 | DKK 19,336/m² |
| Jan 2023 | DKK 19,420/m² |
| Dec 2022 | DKK 19,532/m² |
| Nov 2022 | DKK 19,650/m² |
| Oct 2022 | DKK 19,872/m² |
| Sep 2022 | DKK 20,059/m² |
| Aug 2022 | DKK 20,225/m² |
| Jul 2022 | DKK 20,162/m² |
| Jun 2022 | DKK 20,177/m² |
| May 2022 | DKK 19,964/m² |
| Apr 2022 | DKK 19,839/m² |
| Mar 2022 | DKK 19,683/m² |
| Feb 2022 | DKK 19,543/m² |
| Jan 2022 | DKK 19,417/m² |
| Dec 2021 | DKK 19,204/m² |
| Nov 2021 | DKK 19,224/m² |
| Oct 2021 | DKK 19,203/m² |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (December 2026) | DKK 24,152/m² | DKK 23,773/m² – DKK 24,532/m² | 87% | 76% |
| In 12 months (September 2027) | DKK 25,158/m² | DKK 24,169/m² – DKK 26,148/m² | 96% | 86% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for Denmark
At the average sale price of houses, a 90 m² home costs DKK 1,756,890. With 10% down and a 30-year mortgage, the payment is DKK 7,532 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.
- Payment, two incomes
- 15%
- Payment, one income
- 31%
Houses sold in Q2 2026 had first been offered at 4.9% more than they fetched. A year ago the gap was +6.0%.
- Gap today
- +4.9%
- Change in a year
- −1.0 pp
25.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 24,594
- Per 1,000 residents
- 4.1
Prices of existing homes have fallen by 3% or more 3 times since 1992. The deepest began in Q3 2007.
- Deepest fall
- −21.2%
- Recovery from the low
- 75 months
In 2025 the population grew by 32,946 while 25,465 homes were finished: 1.3 new residents for every new home.
- New residents per new home, 2025
- 1.3
- Population change, 2025
- +32,946
6.5% of the 3,071,410 homes registered on 1 January 2026 had nobody living in them.
- Empty, 2026
- 6.5%
- Empty homes
- 198,672
In 2025, 8% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 8%
Public bodies signed DKK 4.7B of housing works here in 2025, and DKK 64.5B since 2017.
- Signed in 2025
- DKK 4.7B
- Per resident, 2025
- DKK 781