City market overview · Läänemaa

Haapsalu: apartment prices and market overview

The median apartment price is 1,033 €/m² (2026 Q3, 55 sales), -16.4% year on year.

Median · 2026 Q3
1,033€/m² · n=55
12-month change
-16.4%2026 Q3 vs 2025 Q3
Sales
552026 Q3
2-room rent
€320per month · 24 kk, n=13

Source: Maa- ja Ruumiamet (notarised sales), Estiq (estiq.ee). Data as of 30.09.2026. Statistics, not a valuation of a single flat.

Key facts and citation

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  • Haapsalu (Läänemaa): median apartment price 1,033 €/m² (2026 Q3, 55 notarised sales).
  • Change over a year: -16.4% (2026 Q3 vs 2025 Q3).
  • Median rent of a two-room flat 320 €/month (n=13, 24 months), gross yield about 7.9%.
  • In the Estiq database: 10 streets in Haapsalu.

Estiq (estiq.ee). Haapsalu (Läänemaa): apartment price statistics, 2026 Q3. https://estiq.ee/en/value/haapsalu. Data: Maa- ja Ruumiamet (notarised sales), Estiq market database. Data as of 30.09.2026.

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Price trend by quarter

Median price €/m² by quarter2025 Q1: 1,361 → 2026 Q3: 1,033 €/m²9701,1201,2701,4302025 Q1: 1,361 €/m² (31)1,3612025 Q12025 Q2: 1,204 €/m² (56)1,2042025 Q3: 1,236 €/m² (50)1,2362025 Q32025 Q4: 1,302 €/m² (54)1,3022026 Q1: 1,160 €/m² (59)1,1602026 Q12026 Q2: 1,119 €/m² (57)1,1192026 Q3: 1,033 €/m² (55)1,0332026 Q3
Median apartment price €/m² by complete quarter, Haapsalu. Source: Maa- ja Ruumiamet (notarised sales), Estiq (estiq.ee).
View data table
Quarter€/m²Sales
2026 Q31,03355
2026 Q21,11957
2026 Q11,16059
2025 Q41,30254
2025 Q31,23650
2025 Q21,20456
2025 Q11,36131
CSV

Complete quarters only; median. Source: Maa- ja Ruumiamet (notarised sales), Estiq (estiq.ee). Data as of 30.09.2026.

Areas: average of Estiq AVM valuations

These are averages of model valuations (not sale prices) and depend on which flats were valued.
Area€/m²Valuations
Haapsalu linn1,95116
CSV

Rent by number of rooms: Haapsalu

Median asking rents, last 24 months (minimum 5 offers)
RoomsRent €/monthTypical size m²€/m²/mon
19020.04.55
232047.06.713
CSV

Source: Estiq market database. Asking rents, not signed-lease prices.

Recent valuations in the area

Street / districtm²€/m²Date
Tamme tn Haapsalu linn61—09.11.2026
Suur-Liiva tn Haapsalu linn91—09.11.2026
F. J. Wiedemanni tn Haapsalu linn38—09.11.2026
F R Kreutzwaldi tn Haapsalu linn47—09.11.2026
F. J. Wiedemanni tn Haapsalu linn33—09.11.2026
F R Kreutzwaldi tn Haapsalu linn47—09.11.2026
CSV

Model valuations without house numbers; not sale prices.

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Transaction costs and taxes

Method and sources

  • Sale pricesLand Board database of notarised sales. Complete quarterly medians; cells under 5 sales are left blank.
  • Rental marketEstiq market database 24-month asking rent median (minimum 5 offers). Asking rent, not signed leases.
  • Model valuationsEstiq AVM machine learning model (Gradient Boosting). Street averages are model estimates, not sale prices.
  • Aggregate caveatA city or district median is not the value of a specific flat. Price depends on floor, condition, balcony and association health.

Read full Estiq methodology →

Frequently asked questions: Haapsalu

How much does an apartment cost per m² in Haapsalu?

The median apartment sale price in Haapsalu was €1,033/m² in Q3 2026 (55 sales, Maa- ja Ruumiamet), −16.4% year on year.

Are apartment prices in Haapsalu rising or falling?

Falling: the median sale price moved −16.4% in a year (€1,236 → €1,033/m², Q3 2025 → Q3 2026). Sales: 55 (+10%); source Maa- ja Ruumiamet.

What are rents and rental yields in Haapsalu?

A two-room flat rents for a median €320 a month; gross yield about 7.9% against the Q3 2026 sales median. Based on 13 rental offers in 24 months (Estiq market database).

Is it cheaper to buy or to rent in Haapsalu?

Buying means a loan payment of about €201 a month, renting €320 — the loan payment is 37% lower than the rent. That is 13% (loan) and 21% (rent) of the median gross wage (Haapsalu linn, €1,547 a month, Q2 2026, Statistics Estonia). Assumes a 47.0 m² two-room flat at €48,551 (Q3 2026 sales median), an 80% loan over 25 years at 3.8% and a €9,710 down payment; rent is the median of 13 offers (Estiq market database); association fees, insurance and state fees excluded.

How much of the housing in Haapsalu is Soviet-era?

72% of dwellings were built in 1946–1990; 15% before 1946, 11% in 1991–2010 and 2% in 2011 or later (2021 census, 8,224 dwellings).

How do I find out what my flat in Haapsalu is worth?

Enter the address in the Estiq valuation tool — it is free and instant. It uses sales in the same building and nearby plus the building register.

How accurate is the Estiq automated valuation (AVM)?

Median error is 8.6% in Tallinn and 12.1% elsewhere in Estonia; 82% of Tallinn estimates fall within ±20% (blind test, 16 September–27 October 2026). Atypical properties have larger errors — see the methodology.

Does an Estiq estimate replace the valuation a bank requires?

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Where does this data come from?

Sale prices — notarised apartment sales, Maa- ja Ruumiamet; estimates — the Estiq AVM model; rents — Estiq market database (24 months); wages — Statistics Estonia (PA117); housing stock — 2021 census (REL2021). Figures refresh with every data load and each states its period and sample — see the methodology.

Data as of 30 Sep 2026 · Sources: Maa- ja Ruumiamet (sales), Estiq market database (rents), Statistics Estonia (REL2021)