Windhoek’s average house price surged 17% year-on-year to N$1.85 million in the third quarter of 2026, driven by land shortages and rising construction costs. According to the latest FNB House Price Index, property prices in the capital reached N$1,85 million, up from N$1,58 million in the third quarter of 2025, despite a slight 1.2% drop from the second quarter of this year. Nationally, FNB Market Research Manager Mandisa Van Wyk noted price growth accelerated to 8.9% on a 12-month moving average basis, pushing the national average house price to N$1,5 million. Regionally, central Namibia, which includes Windhoek, recorded the strongest house price growth at 11.4%, with the average property price reaching N$1.94 million.
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