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Estonia: Home Price Affordability

An editorial snapshot of country living conditions with trend, regional spread, and context links.

Latest value

ยท 2024

103.20 Index, long-term average = 100

EU 97.13 ยท +6.1 pp vs Europe

European ranking

10 / 27

Down 2 positions compared with previous year

Recent trend

Open trend

Population

1.4M

Country population ยท 2024

What this indicator measures

Measures the relationship between house prices and household income as a standardised index, with the long-term average set to 100. Values above 100 indicate that house prices are high relative to income compared with that long-term average.

Lower values generally represent a more favorable situation.

Data source: Eurostat House price to income ratio tipsho60

Explore this indicator

Internal regions

No regional breakdown available for this indicator.

More context on this indicator

At a glance

Estonia performs less favourably than the European benchmark on House price to income ratio, with a moderate gap. The trend context points to recent reversal. The wider topic context is mixed, combining pressure signals and relative strengths.

European comparison in Estonia

In Estonia, Price to income is noticeably worse than the European benchmark: 103.2 index points versus 97.1 index points in 2024, with a gap of 6.0 index points.

Recent trend

In Estonia, the medium-term pattern shows deterioration: the value moved from 88.28 in 2019 to 103.17 in 2024. The latest step, from 104.19 in 2023 to 103.17 in 2024, reverses the previous direction and shows recent improvement.

Reading within the topic

In Estonia, Housing & Energy Stress shows a mixed picture: pressure signals and relative strengths coexist across this indicator and its related indicators compared with Europe. Recent changes among related indicators are also mixed, with improvement in some and deterioration in others.