Namibia: Average House Price Increases to N$1.46 Million

Namibia’s average house price increased to N$1.46 million in the first quarter of 2026 as shortages of serviced land and limited housing supply continued to push property prices higher.

According to a report by Mandisa Van Wyk this week, market research manager at FNB Namibia, the national average house price rose to N$1 460 483 in 1Q2026 from N$1 420 286 in the previous quarter and N$1 345 270 a year ago.

House prices grew by 7.1% during the quarter, although this was slightly slower than the…