Lower Austria Real Estate Market Report — October 2026

Market report · October 2026Rising

Lower AustriaAustria

Lower Austria residential real estate market report for October 2026. Nationally, house prices in Austria were moving higher, up 5.1% from a year earlier in Q2 2026 (+3.3% quarter on quarter). The pace of annual growth is accelerating. The European Central Bank’s policy rate stood at 2.50% in September 2026, up from 2.00% a year earlier.

October 2026 at a Glance

House prices · Austria

+5.1% YoY

+3.3% QoQ · Q2 2026

Momentum

Accelerating

+5.1% now vs +2.8% a quarter earlier

Policy rate

2.50%

Rising over 12 months · September 2026

New mortgage rate

3.61%

3.35% a year earlier · August 2026

House Prices and Trends

No free, official monthly price series is published for Lower Austria specifically, so this section uses the national index for Austria as the reference; local asking-price movements typically follow the national direction with a lag of one to two quarters.

The national house price index for Austria rose 5.1% year on year in Q2 2026 and was +3.3% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +1.6%, so growth has picked up over twelve months. Recent quarters show the pace building rather than fading.

Quarter	Prices YoY	Prices QoQ
Q1 2025	+3.5%	+1.2%
Q2 2025	+1.6%	+1.1%
Q3 2025	+1.7%	+0.6%
Q4 2025	+3.1%	+0.2%
Q1 2026	+2.8%	+0.9%
Q2 2026	+5.1%	+3.3%

House price index, % change year on yearQ3 2024+0.5%Q4 2024+1.1%Q1 2025+3.5%Q2 2025+1.6%Q3 2025+1.7%Q4 2025+3.1%Q1 2026+2.8%Q2 2026+5.1%

Financing and Interest Rates

The European Central Bank’s policy rate was 2.50% in September 2026 (BIS, Central bank policy rates). That is a rise of 0.25 points from 2.25% the month before. Rates are 0.50 points higher than a year ago, which raises the cost of borrowing and tends to cool price growth with a lag of two to four quarters. The average rate on new mortgages to households in Austria was 3.61% in August 2026 (ECB, Bank interest rates — loans to households for house purchase (MIR)), compared with 3.35% a year earlier.

Reading the Trend

Rising

The trend is up, at a sustainable rather than speculative pace. This is typically the most balanced environment for both buyers and sellers.

What to watch next month

The next quarterly release of the house price index for Austria (Q2 2026 is the latest) — whether annual growth keeps accelerating.
Upcoming decisions by the European Central Bank — any move from 2.50% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Αγοραστές

The market is moving but not running away; there is time for due diligence, and properties that have sat unsold for months are where discounts appear.

Sellers

Well-presented property at a realistic price attracts multiple viewings; unrealistic asking prices are being ignored.

Επενδυτές

Rising financing costs narrow the gap between yield and mortgage rate; model returns at today's rate plus one point.

Sources

Previous edition: Lower Austria Real Estate Market Report — September 2026

Properties for sale in Lower Austria →Browse all properties for sale →

Cover photo: Pillersdorfer Kellergasse – Zellerndorf, Lower Austria-0344 by Kellergassen Niederösterreich 2016 via Wikimedia Commons, CC BY-SA 4.0.

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.

Εξερευνήστε περισσότερα