Namibian residential property prices reached an average of N$1.38 million during the third quarter of 2025, marking an uptick from N$1.36 million in the previous three months, according to First National Bank data. Central region homes, which include Windhoek properties, commanded the highest values at N$1.7 million, while southern areas recorded the lowest prices at N$923,000.
Transaction activity surged 18.4 percent compared to the same period last year, totaling 892 sales, though the southern region accounted for only 27 of those deals. FNB market research manager Mandisa van Wyk attributed the volume increase to foreign buyer interest and rental investment demand despite ongoing supply limitations. Annual price growth decelerated to 5.9 percent from the previous year's 7.0 percent rate, with coastal properties averaging N$1.4 million and northern homes at N$975,000.
Transaction activity surged 18.4 percent compared to the same period last year, totaling 892 sales, though the southern region accounted for only 27 of those deals. FNB market research manager Mandisa van Wyk attributed the volume increase to foreign buyer interest and rental investment demand despite ongoing supply limitations. Annual price growth decelerated to 5.9 percent from the previous year's 7.0 percent rate, with coastal properties averaging N$1.4 million and northern homes at N$975,000.
