How property prices in Copenhagen have changed since 1992, 2026 levels according to Danmarks Statistik, neighbourhoods and rules for buying.
How much does a home cost in Copenhagen, and how did prices get here? According to Danmarks Statistik, a condominium apartment (ejerlejlighed) sold for an average of 6,168,000 Danish kroner (DKK) in the second quarter of 2026 in the Byen København area, in open-market transactions. A detached house there was worth an average of DKK8,345,000. Thirty-four years earlier, in the second quarter of 1992, these averages were DKK440,000 for an apartment and DKK805,000 for a house.
Between these two dates, the market did not rise in a straight line. It saw a sharp rise until 2006, a fall after the financial crisis, a long recovery, a plateau in 2022 and 2023, then a new acceleration since 2024. This page traces these stages from the official series, then gives useful benchmarks if you are considering buying: property types, neighbourhoods and rules for a foreign buyer.
Danmarks Statistik publishes every quarter, since 1992, the average price of sales between unrelated parties (almindelig fri handel). The figures below cover the Byen København area, in the second quarter of each year, for condominium apartments.
The average price of an apartment goes from DKK440,000 in 1992 to DKK516,000 in 1996, then DKK931,000 in 2000 and DKK1,468,000 in 2004. It reaches DKK2,536,000 in the second quarter of 2006: nearly six times the 1992 level. Houses follow the same movement, from DKK805,000 to DKK3,946,000 over the same period.
The decline began before the financial crisis. The average price of an apartment fell to DKK2,107,000 in 2007, then to DKK1,740,000 in the second quarter of 2009, about 31% lower than in 2006. The number of sales also fell: 921 apartments were included in the price calculation in the second quarter of 2009, compared with 1,831 five years earlier. In 2012, the average had only recovered to DKK2,074,000.
Prices then picked up for the long term. An apartment sells for an average of DKK2,825,000 in 2016, DKK3,358,000 in 2019, then DKK4,245,000 in 2021. The 2006 level was exceeded by the mid-2010s.
The market then paused. The average is DKK4,228,000 in 2022, DKK3,998,000 in 2023 and DKK4,170,000 in 2024. Sales fell sharply in 2022: 1,032 apartments in the price calculation for the second quarter, compared with 1,694 a year earlier.
The average price jumps to DKK5,285,000 in the second quarter of 2025, then DKK5,871,000 in the fourth quarter and DKK6,198,000 in the first quarter of 2026, before levelling off at DKK6,168,000 in the second quarter of 2026. The apartment price index for Byen København calculated by Danmarks Statistik confirms the movement: base 100 in 2022, it reaches 141.4 in the second quarter of 2026, up 18.9% over one year. For houses, the index is at 120.5, and for cooperative housing shares (andelsbolig) at 116.4.
Volume, meanwhile, is shrinking. In the Capital Region (Region Hovedstaden), the number of apartment sales fell by 14.9% between the second quarter of 2025 and the second quarter of 2026, and that of houses by 14.0%, while apartment prices there rose by 18.3%. Fewer properties are changing hands, at higher prices.
An average price mixes small and large units, renovated properties and those needing work. It helps you position a budget, not value a specific home.
Three forms of housing coexist in Copenhagen and they do not follow the same prices:
The starting rule is set by the Danish authorities: if you are not domiciled in Denmark within the meaning of the Acquisition Act, or have not lived there for at least five years, you must in principle obtain permission from Civilstyrelsen to buy property. Separate applications exist for a primary residence and for a second home. European Union nationals have particular options, linked to free movement: check your situation before making an offer.
In a market where sales are becoming scarcer and prices are rising, you need to be able to view quickly and understand the documents. A Remoters home finder based in Copenhagen can search for you to your criteria, view properties, flag the points to check and support you through to signing. The first conversation and the quote are free.
Short answers to the questions our readers ask, written to stand on their own.
Sources cited in this article
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