Square Meter/Square Foot Prices in Iceland, Reykjavik compared to Europe
This table shows the latest average square meter prices for residential dwellings—usually apartments or flats—in Reykjavik, Iceland, with comparisons across others in the same region.
Data is primarily sourced from national statistics offices and local property market reports that track average asking prices in major cities or at the national level. The dataset is updated quarterly.
For quarterly historical data and direct sources, use the sheet below.
Change Continent
Last updated June, 2025
€ 51,967
€ 4,828
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€ 17,501
€ 1,626
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€ 11,035
€ 1,025
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€ 9,530
€ 885
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€ 9,296
€ 864
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€ 9,008
€ 837
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€ 8,384
€ 779
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€ 7,816
€ 726
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€ 7,702
€ 716
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€ 7,419
€ 689
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€ 7,356
€ 683
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€ 5,589
€ 519
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€ 5,434
€ 505
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€ 5,317
€ 494
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€ 5,316
€ 494
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€ 4,971
€ 462
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€ 4,898
€ 455
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€ 4,778
€ 444
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€ 4,500
€ 418
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€ 4,231
€ 393
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€ 3,998
€ 371
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€ 3,989
€ 371
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€ 3,522
€ 327
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€ 3,486
€ 324
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€ 3,000
€ 279
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€ 2,917
€ 271
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€ 2,680
€ 249
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€ 2,668
€ 248
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€ 2,597
€ 241
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€ 2,437
€ 226
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€ 2,410
€ 224
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€ 2,317
€ 215
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€ 2,220
€ 206
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€ 2,066
€ 192
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€ 1,840
€ 171
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€ 1,800
€ 167
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€ 1,670
€ 155
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€ 1,540
€ 143
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*Average square meter price of a new build or luxury real estate.
Iceland real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Statistics Iceland