Europe · MKD
North Macedonia Housing Market Data
House prices in North Macedonia rose 16.7% in the year to Q1 2026, based on BIS data. After inflation, prices gained 12.6% over the same period. Rents changed +1.8% year on year. Over five years the nominal index is +95.1%.
Prices, year on year
+16.7%
Nominal, to Q1 2026
Prices after inflation
+12.6%
Real terms, year on year
Five-year change
+95.1%
Nominal index
Rents, year on year
+1.8%
Rent price index
Quarter on quarter
+0.1%
Most recent quarter
Ten-year change
+109.3%
Nominal index
Price-to-income
—
OECD index, 2015 = 100
Price-to-rent
—
OECD index, 2015 = 100
House price index since 2000
Indices rebased so the 2015 average equals 100. Source: BIS.
Recent quarters in North Macedonia
| Quarter | Nominal index | Real index | Rent index |
|---|---|---|---|
| Q1 2026 | 214.1 | 145.1 | — |
| Q4 2025 | 214.0 | 145.1 | 113.5 |
| Q3 2025 | 207.4 | 140.9 | 112.5 |
| Q2 2025 | 199.3 | 138.4 | 111.9 |
| Q1 2025 | 183.5 | 128.9 | 111.6 |
| Q4 2024 | 171.2 | 121.0 | 111.6 |
| Q3 2024 | 165.8 | 117.6 | 110.5 |
| Q2 2024 | 166.2 | 119.4 | 108.2 |
| Q1 2024 | 153.6 | 112.5 | 104.9 |
| Q4 2023 | 154.8 | 113.8 | 104.9 |
| Q3 2023 | 153.6 | 111.8 | 104.8 |
| Q2 2023 | 149.2 | 111.4 | 104.7 |
North Macedonia housing market questions
- Are house prices rising or falling in North Macedonia?
- Nominal house prices in North Macedonia changed +16.7% in the year to Q1 2026. In real terms, after consumer price inflation, the change was +12.6%.
- How much have house prices risen in North Macedonia over five years?
- The nominal house price index for North Macedonia is +95.1% compared with five years earlier, and +109.3% compared with ten years earlier.
- Where does this North Macedonia housing data come from?
- Figures come from BIS Selected Residential Property Prices, Eurostat housing statistics. Every index is rebased so 2015 = 100, which makes countries and sources directly comparable.
Sources and licensing
- Sources: National sources, BIS Residential Property Price database, https://www.bis.org/statistics/pp.htm Source page
- Source: Eurostat (prc_hpi_q, prc_hicp_midx, ilc_lvho07a) Source page
Read how we normalise and compare these series in our methodology, or browse all countries.
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