Median price for residential apartments in Johannesburg, South Africa as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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4,398 Johannesburg, South Africa apartments for sale
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How much does an apartment cost in Johannesburg, South Africa
Average apartment sale in Johannesburg: ZAR 2,149,050 (-9.5%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | ZAR 4,778,364 | -9.5% |
| 1-bed apartments | ZAR 729,248 | -9.5% |
| 2-bed apartments | ZAR 1,095,546 | -3.4% |
| 3-bed apartments | ZAR 1,792,630 | -6.4% |
| 4+ bed apartments | ZAR 3,434,648 | -8.4% |
During Dec 2022, the average price for an apartment in/near Johannesburg, South Africa decreased by 9.5% to ZAR 2,149,050.
Knowing the current property prices is key if you plan to buy a studio in Johannesburg, South Africa. The average price for a studio has decreased since the last month, currently being ZAR 4,778,364. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 9.5% to ZAR 729,248. Asking price for 2-bed apartment also decreased by 3.4% and a place of this size will now cost you ZAR 1,095,546. A 3-bed apartment goes for ZAR 1,792,630, it decreased by 6.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 8.4% and made it down to ZAR 3,434,648.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Apartments for sale | ZAR 1,208,251 | -16.5% |
| Houses for sale | ZAR 2,486,571 | -7.7% |
| Land for sale | ZAR 2,683,980 | -21.5% |
| Other for sale | ZAR 12,647,944 | +5.6% |
| Townhouses for sale | ZAR 1,309,717 | -6.9% |
The average cost of an apartment in Johannesburg, South Africa decreased by 16.5% to ZAR 1,208,251. Price reports demonstrate that house price decreased by 7.7% this month making it up to ZAR 2,486,571. The property value of townhouses decreased by 6.9%, you’ll have to spend around ZAR 1,309,717 to get one. The average price of the land for sale in Johannesburg, South Africa has decreased by 21.5%, and now equals ZAR 2,683,980. The price for other types of properties for sale has changed since Nov, increased by 5.6%. Now, the price is ZAR 12,647,944 on average.
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