Real Estate Prices in Picardy
The Picardy market is distinguished by its prices that are often much more affordable than in Île-de-France. Whether you are looking for urban excitement or rural tranquility, the region offers a range of very attractive rates.
In the Major Cities of Picardy (e.g., Amiens)
- Amiens: real estate prices in Amiens around €2,300/m² for an apartment and nearly €2,100/m² for a house according to recent listings, but the Green Acres site, specializing in second homes, observes demand for exceptional properties around €3,030/m² on average, on large surfaces.
- Beauvais: real estate market in Beauvais around €2,000/m² for an apartment; the average for exceptional properties nearly touches €2,008/m² according to Green Acres.
- Saint-Quentin: a particularly accessible market, below €1,600/m², with some large properties listed at €674/m² for significant areas.
These cities attract families and young professionals looking for a compromise between quality of life and accessibility but also appeal to investors in search of high-potential properties.
In the Rural and Tourist Areas of Picardy
- Oise or Aisne countryside: old houses often available from €1,200/m², with numerous opportunities for heritage investment.
- Coastline (Baie de Somme, Le Crotoy): prestigious real estate in Le Crotoy around €3,985/m² on average on Green Acres for the most sought-after properties.
Thus, one can find true gems offering charm and authenticity at prices that remain competitive on a national scale.
Trends in the Real Estate Market in Picardy
Over the past decade, the general trend has been stability, even a slight rise in popular areas.
However, in 2024, a slight decline in prices has appeared: -3% in Somme, -2% in Aisne, and -3% in Oise compared to 2023. This correction opens new perspectives for buyers.
Price Evolution Over Recent Years
- 12% increase in Amiens since 2019, driven by demand from first-time buyers.
- Coastal and rural areas see their value rise due to the search for space post-COVID.
While the national trend encourages caution, Picardy remains well-positioned for those wanting to buy without exploding their budget.
Local Demand: Residents, Retirees, Second Homes
- More and more retirees are choosing Picardy for its tranquility.
- In 2024, in Somme, 6% of sales concern second homes; this share rises to 10% in Oise and 8% in Aisne.
- Domestic tourism boosts demand on the coast, while foreign clients remain active — notably the Belgians, the top foreign buyers in Somme (74% of 70 foreign transactions) and in Aisne (43% of sales to non-residents).
Types of Real Estate in Picardy
The region offers a rare diversity of housing that appeals to all buyer profiles.
Traditional Houses and Charming Properties
- Long houses, farmhouses, or properties with gardens: ideal for families or remote workers.
- Beautiful brick and tile residences: character and space guaranteed! The median sale areas are 99 m² in Aisne, 88 m² in Somme, and 93 m² in Oise according to 2024 figures.
Urban Apartments and New Constructions
- Amiens, Beauvais, and Compiègne offer modern, central apartments well served by public transport.
- New programs are emerging, meeting the demand for comfort and energy performance.
Everyone can find their perfect match, from a bucolic house to a city apartment. 🏡
Tips for Investing in Picardy
This territory suits both homeownership and rental investment. Its appeal to the French, as well as to foreign buyers, notably Belgians and Dutch in Aisne, consolidates the market.
The average price of transactions with foreign clients is €287,000 in Oise and €194,000 in Somme, with significant average surface areas.
Investment Opportunities and Thriving Sectors
- Amiens: students and young professionals, strong rental potential.
- Coastline (Le Crotoy, Saint-Valery): excellent seasonal profitability.
- Rural areas: heritage investment, medium-term appreciation potential.
Support and Tax Devices for Buyers
- PTZ (Zero Rate Loan) for home ownership.
- Pinel scheme in eligible sectors.
- Regional support for energy renovation.
By leveraging specialized platforms such as Green Acres to study the market for character properties or second homes, it is possible to create a solid real estate project while optimizing one’s budget. ✨
