Finding a property for sale in Oslo: prices, listings and steps

Looking for a property for sale in Oslo in 2026 means arriving in a market that has stopped rising. According to Statistics Norway (SSB), prices of existing homes in Oslo and Bærum rose by just 0.8% between the second quarter of 2025 and the second quarter of 2026, against 4.4% for Norway as a whole. Seasonally adjusted, they even fell by 1.3% in the second quarter.

For a buyer, the situation is rather favourable: the supply of existing homes in Oslo is at a historically high level, and sales are slower. On the other side, interest rates have risen and Norwegian lending rules remain strict. Here are the figures to know, the financing rules, the neighbourhoods and the method for searching from France.

Where to find listings

Listings can be found on FINN.no, among other sites, which is also used for rentals. They are written in Norwegian: asking price, floor area, monthly costs and, for cooperative apartments, the share of shared debt. Take the time to learn these terms before comparing properties, and always ask for the complete sales file.

One point specific to the Norwegian market: many apartments are sold as shares in a housing cooperative (borettslag). In that case, the total price includes the sum paid to the seller and your share of the building's shared debt. SSB, incidentally, calculates its indices by adding the two together. Always compare properties on this total price, not on the advertised price alone.

Prices in Oslo in 2026

What the official statistics say

The SSB existing-home price index is published every quarter, about two weeks after the quarter ends. The latest figures, published on 10 July 2026, show a clear gap between Oslo and the other large cities:

• Oslo and Bærum: up 0.8% over one year, down 1.3% over the quarter (seasonally adjusted);
• Bergen: up 11.3% over one year;
• Stavanger: up 10.9% over one year;
• Trondheim: up 2% over one year;
• whole country: up 4.4% over one year.

The next update is scheduled for 12 October 2026.

Monthly trends

Eiendom Norge, the federation of estate agents, publishes its own statistics every month. At the end of September 2026, the average price of a home in Norway reached NOK 5,020,869. Since the start of the year, prices have risen by 4.2% across the country, but Oslo shows the weakest change, with a fall of 0.7%. The federation notes that the supply of existing homes in Oslo remains at a historically high level, even though it is starting to shrink.

The pace of sales is slowing too: it took an average of 48 days to sell a home in Norway in September 2026, and 10,491 homes were sold during the month, 5.8% fewer than a year earlier.

First-time buyers stepping back

According to the estate agents' federation NEF, cited by E24 in October 2026, the number of first-time buyers in Oslo fell by 10% in the first half of 2026, while small apartments have never been so numerous on the market. The average price of a first home in Oslo reaches NOK 3.8 million. Less competition for small properties also means more room to negotiate.

Financing a purchase in Norway

Norges Bank raised its policy rate to 4.5% in September 2026, after a first increase in May, and its next decision is expected on 5 November 2026. Norwegian banks also apply strict mortgage regulations, the utlånsforskriften:

• down payment: a repayment loan secured on the home cannot exceed 90% of the property's value, so a minimum 10% down payment;
• debt level: the borrower's total debt cannot exceed five times their annual income;
• affordability test: the bank checks that you could cope with a 3-point rise in rates, using a calculation rate of at least 7%;
• exemptions: in Oslo, banks can only grant 8% of their mortgage loans (or NOK 15 million) each quarter outside these rules, against 10% elsewhere.

If you are financing your purchase from France, prepare a complete file on your income and debts, and ask several banks about their terms for a non-resident borrower.