Ixelles is the only commune in Brussels to see fall in house prices

Ixelles is the only commune in Brussels to see fall in house prices
The city hall of the Ixelles - Elsene municipality. Credit: Belga / Thierry Roge

Ixelles was the only Brussels municipality that has seen a drop in the median price of houses, with a decline of 5.1%.

Last year, the property market in Brussels saw a moderate increase in transactions compared to the steeper surges in Flanders and Wallonia.

Sales in the Brussels Region rose by 7.1% compared to 2024, while Flanders recorded a 14.1% increase and Wallonia saw growth of 16.7%, based on figures from the notary sector barometer covering all property transactions in Belgium.

A notary and spokesperson for the Federation of Belgian Notaries, Jean Martroye, explained that reduced registration fees – 3% in Wallonia and 2% in Flanders – for first-time buyers likely influenced their choice to invest outside the capital.

In 2025, the median price of a house in Brussels reached €510,000, representing a 2% year-on-year rise. Prices varied significantly across communes, with Molenbeek-Saint-Jean at €345,000 and the affluent Woluwe-Saint-Pierre at €746,500.

Despite experiencing a drop in the median price of houses, Ixelles remains among the region's most expensive areas, where houses cost €700,000. Other nearby communes, Auderghem and Etterbeek, saw house prices stagnate over the same period, which the notary federation argues reflects a loss of value when factoring in inflation.

In contrast, Forest showed substantial growth, with house prices increasing by 26% in five years to a median price of €553,500.

Apartments make up 70.3% of the Brussels property market. Their prices rose by 3.3% in 2025, reaching a median of €265,000.

The average property buyer in Brussels is 39.8 years old. Younger buyers aged 18 to 30 often choose more affordable areas such as Saint-Josse-ten-Noode and Molenbeek-Saint-Jean. Older buyers, including seniors, prefer neighbourhoods like Watermael-Boitsfort.

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