Analysis of the Real Estate Market in Lower Normandy
Marked Differences Between Coastal Areas and Inland Countryside
The lower Normandy market clearly highlights the strong attractiveness of the coastline, particularly in sought-after towns such as Deauville (average price of €1,068,000 for 197 m², or €5,421/m²) or Cabourg (average price of €372,000 for 71 m², or €5,239/m²) according to the latest Green Acres data on secondary residences.
These figures significantly exceed the departmental average, which stands at €210,000 across Calvados for 80 m² in 2024.
In contrast, the inland countryside remains accessible, as illustrated by Orne (average price: €122,000 for 100 m²), ideal for more modest budgets and those seeking peace and space.
Average Prices per m² According to Departments and Towns
- Calvados: Coastal areas regularly exceed €4,000/m² with peaks in Deauville and Cabourg, while the countryside remains below €2,000/m². In 2024, the department recorded 10,912 transactions, of which 11% concern secondary residences and a slight price decrease of 2% compared to last year.
- Manche: On the coast, for example, Granville averages €3,240/m², while in Barneville-Carteret it reaches €2,387/m². The average prices in the Manche for the entire department are €176,000 for 97 m² with 5% of transactions in secondary residences and an annual change of -2% in 2024.
- Orne: Particularly accessible market with 3,459 transactions and attractive prices (€1,000 to €1,800/m²), supported by a significant role of secondary residences (13% of operations). Foreign buyers, notably British, remain active with over 46% of foreign purchases made by clients from the UK.
This diversification allows every buyer profile to explore the region calmly, whether for an investment or a lifestyle change.
Types of Properties Available in the Region
Old Houses, Longères, Renovated Apartments
Stone houses and traditional longères continue to attract interest, whether for restoration or already modernized.
Apartments, especially in the highly sought-after seaside resorts of Calvados and Manche, offer top-notch amenities with stunning views of the sea or proximity to activity centers. Granville stands out for its variety of renovated historic housing.
Properties with Land, Sea View or City Center
- Houses with spacious gardens in Orne and Manche, ideal for families or lovers of large spaces.
- Apartments and houses with terraces facing the Manche or the beaches of Calvados, or located in the city center to enjoy all amenities within walking distance.
The Green Acres website showcases this diversity of the lower Normandy offer, proving that every project, from a pied-à-terre to a large estate, finds its local answer.
Buyers in Lower Normandy
Secondary Residences, Retirees, First-time Buyers
Parisian clients remain the majority for secondary residences on the coast, but there is also active participation from British, Belgian, and Dutch buyers, particularly in Orne and Manche: in 2024, the British accounted for nearly half of foreign purchases in these departments according to notary figures (up to 44% in Manche).
The development of remote work also increases demand, particularly for housing with terraces or sea views. First-time buyers also find their place thanks to the wide range of prices in the inland countryside.