The ice age on the Burgenland real estate market comes to an end: in particular used family houses are in great demand again. Also because real estate in Burgenland is comparatively inexpensive: nowhere else in Austria is the house in the green more affordable. This is shown by an analysis of the Burgenland real estate market from Raiffeisen Immobilien, Raiffeisen Research and the Raiffeisenlandesbank Burgenland.
In Burgenland, used family houses in the lower or middle price segment of EUR 200,000 to EUR 400,000 are currently particularly popular. But also for high -priced objects on Lake Neusiedler, Raiffeisen Immobilien is again increasing. The development on the new building sector is still behavior, but due to slightly declining construction costs, tendencies again. Ing. Mag. (FH) Peter Weinberger, Managing Director of Raiffeisen Immobilien Lower Austria/Vienna/Burgenland: “It is all the more important to ensure legal certainty in the area of free rental price formation and value protection so as not to endanger the delicate upswing.”
South Burgenland: Living in the sun
In South Burgenland, the demand is strongly shaped by clipper from the western federal states of Tyrol and Vorarlberg. “Many best agents want to enjoy their retirement here in the sunniest region of Austria”
explains Prok. Martina Schiller-Jankoschek, team management Burgenland at Raiffeisen Immobilien. But the Südburgenland is also popular with self -sufficators because agricultural areas are cheap here. In the Middle Burgenland, on the other hand, interests from Hungary are currently being increasingly affected.
Credit demand 2025 at a high level
Obvious signs of a market revitalization can also be seen in the demand for credit. Raiffeisenlandesbank Burgenland Board Director Mag. Rudolf Suttner is optimistic: “The demand for residential loans in the entire Raiffeisen banking group in Burgenland increased by 12% compared to 2023 in 2024 and is already well above the level of June 2024 – a clear sign for the recessed dynamics in the residential sector.”
Despite the still applicable requirements of the KIM regulation, a high willingness to finance is observed, especially for well-prepared households. “We expect stable credit demand for 2025 in the Raiffeisen banking group in Burgenland, which offers us a reliable basis for medium to long-term loan planning- also taking into account the regulatory framework conditions”
emphasizes Mag. Suttner.
Real estate prices: Burgenland is not the same as Burgenland
In any case, real estate in Burgenland is inexpensive in Austria-comparison. A square meter of single -family house cost an average of 2,760 in the second quarter of 2025. Nowhere else in Austria the house in the green is cheaper. But Burgenland is not the same as Burgenland: While the square meter in Eisenstadt in Q2 changed the owner around EUR 4.061, it was only EUR 2,049 in Oberpullendorf. In Güssing (EUR 2,134), Jennersdorf (EUR 2,227) or Oberwart (EUR 2,260), the single -family house is also cheaper than in the north of the state. (Source: DataCience Service GmbH, RBI/Raiffeisen Research)
At the same time, the comparatively low real estate prices in Burgenland are offset by the highest household income. The most affordable is the family home in Oberpullendorf, where it costs five annual gross income, in Güssing and Oberwart there is not much more. If you want to acquire property in Eisenstadt, Rust or Neusiedl, you have to plan more than eight annual gross income according to Raiffeisen Research calculations.
High income in connection with “low” real estate prices: The issue of affordability has been a “competitive advantage” for the Burgenland real estate market since mid -2022 and one reason that the price declines here have been comparatively low in recent years. Compared to the third quarter of 2022 (before the financing crisis), single-family houses in Burgenland have only become 2.6 %cheaper (Q3 22 to Q2 25), only in Carinthia there was a significantly more positive development (+ 0.8 %), while Lower Austria (-2 %), Tyrol (-2 %) and Styria (-2.6 %) recorded a similar correction depth.
2025: Turn to the better?
In 2025 the valley sole now seems to be passed – in Burgenland as well as Austria. After two years of falling prices, residential properties in Austria in the first half of 2025 compared to 0.3% more expensive compared to the end of 2024. “”The ice age on the real estate market ended in the first half of the year, in 2025 the year of the turn should be better “
Matthias Reith, senior economist is optimistic about the Austrian residential property market at Raiffeisen Research. Nevertheless, the – slightly declining – price data for the second quarter of 2025 showed that the recovery is not a one -way street and the trees do not grow into the sky. Overall, however, the sunken interest and in particular the increased incomes speak for a sustainable turnaround. “Real estate is not much cheaper, but still more affordable”
Reith sums it up. In the year as a whole, prices are likely to rise slightly for the first time since 2022.