The coastal municipality of Knokke-Heist reclaimed the title of most expensive municipality in Flanders in 2020 to buy a home. The average price buyers paid for a home in Knokke-Heist was 675,000 euros last year, according to data from Statbel, the Belgian statistical office. See on the map below the housing price performance in your municipality.
In 2019, Sint-Martens-Latem surpassed Knokke-Heist as the most expensive municipality in Flanders to buy a home. But the East Flemish municipality took third place last year, with an average price of 557,500 euros for a home. In second place is the Flemish municipality of Kraenheim Brabant (€ 583,500).
In the map below, average house prices are broken down into open and semi-detached buildings. Therefore, it differs from the prices mentioned in the text.
Flemish Brabant has six representatives in the top ten of the most expensive municipalities (Kraainem, Wezembeek-Oppem, Sint-Genesius-Rode, Overijse, Tervuren and Oud-Heverlee), so it is not surprising that it is the most expensive county in Flanders. A house in closed or semi-detached buildings cost 290,000 euros last year, and the average price for a house in an open building was 385,000 euros and 228,000 euros for an apartment.
In Limburg, houses and apartments were the cheapest: 200 thousand euros for a house in closed or semi-detached buildings, 262,500 euros for open development and 193500 euros for an apartment.
However, the first Limburg municipality at the top of the cheapest residential municipalities is only fourth. This is Tongeren with an average price of 171,000 euros for a home. At the top are the West Flemish municipalities of Meissen and Minin (88,000 respectively – although there were very few transactions there last year – and 157,150 euros), followed by East Flemish Röns (€ 158,000).
Last year, the average price of 249,000 euros for all Flanders was quoted for a home in closed or semi-detached buildings, an increase of 9,000 euros or 3.8 percent compared to 2019. Homes in open buildings (349,000 euros) became 5.8 percent more expensive, the average increased The price of the apartments increased by 7.7% to 210 thousand euros.