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Rural House Prices in France 2017-19

The average sale price of a rural French property rose by 1.8% last year to €171,000, but over the past three years in most departments prices have either remained stable or have fallen.

The annual review of the housing market for country properties in 2019 has recently been published by the French rural land agency SAFER.

Although the notaires regularly report on the state of the housing market in France, as most transactions from which the figures are derived are based on sales in urban areas their reports are only of limited value to international buyers seeking information on the state of the market for rural properties.

We published an article on the notaires annual review in House Prices in France 2019.

The gap left by the notaires is partially filled by the annual report from SAFER, which focuses entirely on this market.

Their data is obtained from the notaires, who are legally obliged to notify them of prospective rural land and property sales, on which they then have a right of pre-emption.

However, caution is needed in the interpretation of the figures due to the low number of transactions in most departments and the heterogeneous nature of the market. In some cases, the figures are based on no more than a few hundred transactions that have occurred.

On a national basis SAFER state that the average sale price of a 'maison de campagne' in 2019 was €171,000 an increase of 1.8% over 2018. This increase was less than the general increase of 2.6% for all older properties reported by the notaires. The average amount of land in each sale was 5,500m2.

The definition of a 'maison de campagne' used in the study is 'un bâtiment résidentiel vendu avec un terrain agricole ou naturel libre de moins de 5 hectares, acquis par des non-agriculteurs.'

As can be seen from the graphic below, prices vary substantially between the regions; the least expensive areas, with average prices less than €110K, are Central and North East France, the Pyrenees and central Brittany.

Highest average prices greater than €233K are around the Paris Basin, Alsace, Haute-Savoie, the Mediterranean coast, the Atlantic coast, and around the cities of Lyon, Toulouse, Reims, Nantes, and Bordeaux.

The table below shows the average sale price for 2019 by department, compared to 2018 and 2017, and the minimum and maximum sales prices. The analysis excludes the lowest priced 10% and highest priced 10% of sales.

Due to the low number of transactions it would be imprudent to regard the movement in average prices between 2018 and 2019 as being particularly significant. That is why we have also included the figures for 2017.

As can be seen, the picture is a mixed one, with a general modest increase in prices over the three years in most departments, some remaining stable, but in 18 departments prices have fallen. These falls are spread across the country, in the departments of Haute-Saône, Yonne, Cher, Meuse, Bas-Rhin, Pas-de-Calais, Corrèze, Creuse, Dordogne, Landes, Aveyron, Gard, Hautes-Pyrénées, Hérault, Lozère, Mayenne, Bouches-du-Rhône and Hautes-Alpes.

Rural House Prices 2019
Region/Dept
Average Price
2017
Average Price
2018
Average Price
2019
Minimum Price
2019
Maximum Price
2019
AUVERGNE-RHONE-ALPES
Ain €180,000 €179,000€194,000€58,000 €395,000
Allier €88,000
€91,000€93,000€25,000
€190,000
Ardèche €163,000
€165,000
€170,000€49,000
€330,000
Cantal €87,000
€90,000€94,000€25,000
€210,000
Drôme €232,000
€242,000€248,000€94,000
€460,000
Isère €218,000
€217,000€229,000
€98,000
€410,000
Haute-Loire €104,000
€109,000€115,000€29,000
€243,000
Loire €142,000
€151,000€157,000€50,000
€300,000
Puy-de-Dôme€95,000
€103,000€101,000€22,000
€234,000
Rhône €250,000 €270,000€271,000€83,000 €600,000
Haute-Savoie €314,000 €308,000€329,000€85,000
€725,000
Savoie€196,000€191,000€200,000€54,000
€470,000
BRITTANY
Côte d'Amour€113,000
€122,000€126,000€37,000
€270,000
Finistère€137,000
€141,000
€145,000€45,000
€296,000
IIe-et-Vilaine €143,000
€145,000
€151,000€45,000
€300,000
Morbihan
€140,000
€149,000€155,000€40,000
€357,000
BOURGOGNE FRANCHE-COMTE
Belfort
n/a
n/an/an/a
n/a
Côte-d'Or€143,000
€155,000€140,000€35,000
€330,000
Doubs
€149,000
€141,000€166,000€41,000
€346,000
Haute-Saône€113,000
€104,000€99,000€23,000
€230,000
Jura
€122,000
€138,000€139,000€55,000
€258,000
Nièvre€78,000
€79,000€79,000€21,000
€175,000
Saône-et-Loire€117,000
€122,000€127,000€43,000
€250,000
Yonne
€125,000
€119,000
€115,000€37,000
€233,000
CENTRE-VAL DE LOIRE
Cher
€86,000
€85,000€83,000€20,000
€180,000
Eure-et-Loir
€151,000
€141,000€151,000€40,000
€300,000
Indre
€68,000
€72,000€73,000€15,000
€165,000
Indre-et-Loire
€144,000
€148,000€154,000€34,000
€318,000
Loir-et-Cher
€119,000
€116,000€119,000€31,000
€242,000
Loiret
€150,000
€151,000€150,000€52,000
€298,000
GRAND EST
Ardennes
€100,000
€125,000€111,000€30,000
€225,000
Aube
€120,000
€114,000
€127,000€45,000
€245,000
Haute-Marne
€75,000
€78,000€77,000€15,000
€155,000
Marne
€143,000
€159,000€159,000€35,000
€335,000
Meurthe-et-Moselle
€128,000
€151,000€147,000€48,000
€275,000
Meuse
€100,000
€98,000€98,000€26,000
€186,000
Moselle
€138,000
€144,000€163,000€56,000
€350,000
Bas-Rhin
€192,000
€192,000€188,000€60,000
€385,000
Haut-Rhin
€176,000
€196,000€187,000€67,000
€349,000
Vosges
€116,000
€117,000€119,000€36,000
€240,000
HAUTS DE FRANCE
Aisne €115,000
€120,000€127,000
€44,000
€245,000
Nord €191,000
€201,000€192,000€65,000
€400,000
Oise €201,000
€201,000€203,000€91,000
€372,000
Pas-de-Calais€171,000
€167,000€168,000€70,000
€315,000
Somme €136,000
€147,000€140,000€45,000
€265,000
ILE-DE-FRANCE
Paris-
---
-
Seine-Saint-Denis-
---
-
Haute-de-Seine-
---
-
Val-de-Marne ----
-
Val d'Oise €295,000
€295,000€324,000€133,000
€600,000
Yvelines€333,000
€350,000€349,000€131,000
€720,000
Essonne €260,000
€252,000€267,000€120,000
€480,000
Seine-et-Marne€204,000
€218,000€228,000€95,000
€445,000
NOUVELLE-AQUITAINE
Charente €110,000
€111,000€119,000€36,000
€250,000
Charente-Maritime €146,000
€151,000€155,000€45,000
€338,000
Corrèze €102,000
€105,000€99,000€30,000
€210,000
Creuse €64,000
€57,000€60,000€15,000
€138,000
Deux-Sèvres €106,000
€108,000€108,000€30,000
€215,000
Dordogne €147,000
€147,000€144,000€45,000
€310,000
Gironde €182,000
€198,000€204,000€77,000
€400,000
Landes €188,000
€186,000€187,000€80,000
€360,000
Lot-et-Garonne €153,000
€158,000
€158,000€59,000
€300,000
Pyrénées-Atlantiques€222,000
€229,000€228,000€82,000
€525,000
Haute-Vienne €90,000
€93,000
€96,000€22,000
€200,000
Vienne
€105,000
€103,000
€108,000€29,000
€223,000
OCCITANIE
Ariège €105,000
€113,000€110,000€25,000
€230,000
Aude €135,000
€131,000€143,000€38,000
€330,000
Aveyron €111,000
€111,000€110,000€35,000
€250,000
Gard €235,000
€238,000€234,000€76,000
€500,000
Gers €159,000
€159,000€160,000€60,000
€321,000
Haute-Garonne €209,000
€206,000€211,000
€74,000
€420,000
Hautes-Pyrénées €126,000
€125,000€125,000€35,000
€250,000
Hérault €223,000
€231,000€210,000€55,000
€454,000
Lot€146,000
€148,000€152,000€50,000
€300,000
Lozère €122,000
€118,000€115,000€33,000
€230,000
Pyrénées-Orientales€210,000
€228,000€232,000€60,000
€528,000
Tarn €158,000
€157,000€164,000€54,000
€325,000
Tarn-et-Garonne €161,000
€169,000€172,000€70,000
€300,000
NORMANDY
Calvados
€167,000
€164,000€179,000€60,000
€400,000
Manche
€114,000
€118,000€123,000€40,000
€240,000
Orne
€107,000
€109,000€112,000€35,000
€220,000
Eure
€159,000
€164,000€170,000€80,000
€300,000
Seine-Maritime
€176,000
€175,000€177,000€74,000
€315,000
PAYS DE LA LOIRE
Loire-Atlantique
€163,000
€169,000€179,000€56,000
€330,000
Maine-et-Loire
€143,000
€147,000€151,000€50,000
€290,000
Mayenne
€108,000
€103,000€103,000€20,000
€210,000
Sarthe
€117,000
€116,000€121,000€29,000
€235,000
Vendée€131,00
€136,000€141,000€45,000
€261,000
PROVENCE-ALPES-COTE D'AZUR
Alpes-de-Haute-Provence
€186,000
€197,000€190,000€40,000
€395,000
Alpes-Maritimes€324,000
€329,000€334,000€64,000
€855,000
Bouches-du-Rhône
€425,000
€441,000€424,000€128,000
€880,000
Hautes-Alpes
€169,000
€172,000€159,000€35,000
€345,000
Var€323,000
€325,000
€327,000€90,000
€700,000
Vaucluse
€336,000
€356,000€353,000€90,000
€700,000

International Buyers

The authors state that 4.4% of the sales were to non-residents, down 0,7% compared to 2018, with purchases by non-resident British buyers down by 10%.

As can be seen from the graphic below, sales to non-residents were over 15% of total sales in some areas, notably in the Central West of the country.

Source:Terres d’Europe-Scafr d’après Safer.

Related Reading:

View a selection of rural properties for sale in France


This article was featured in our Newsletter dated 03/06/2020





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