The property market in Cardiff and the surrounding area is shaped by a variety of local and national factors. This page brings together the latest property prices, housing market trends and Savills insights, providing an overview of market performance and helping you better understand the residential landscape in Cardiff.
Cardiff property prices at a glance
Cardiff house price trends
Prime market activity in Cardiff remains relatively resilient, despite a backdrop of higher mortgage costs, inflation and wider economic uncertainty. Needs-based moves, in particular, continue to underpin transactions.
In Cardiff and the surrounding area, prime values decreased by -0.6% over the three months to September 2026, leaving them -1.8% lower than a year ago.
Demand from committed buyers continues to be strong for best-in-class, realistically priced homes. However, as buyers remain price sensitive, aligning expectations is key in today’s market.
Across prime Wales, urban markets continue to outperform their rural counterparts, with slower price falls so far this year driven by a greater commitment from those with a specific reason to move. With lifestyle opportunities and exceptional homes, Cardiff continues to be an attractive location for buyers.
Cardiff prime price movements
Will house prices rise in Cardiff?
The outlook for the prime property market is dependent on various political and economic factors. Inflationary pressures are likely to continue building, increasing the pressure on the Bank of England to raise the base rate over the coming months. Either way, mortgage rates are expected to remain elevated for the rest of this year and into next.
While these influences will continue to drive sentiment, they won’t completely overrule the underlying motivations that drive people to move, as has been evidenced during the past year.
Prime regional markets will continue to be driven by motivated, needs-based buyers. But price sensitivity is likely to persist, particularly given the exposure to higher borrowing costs. Quality is still a key focus and so best-in-class properties will remain the most resilient.
The prime markets of Wales are expected to outperform, as a result of generally lower values and less reliance on mortgage debt.
Over the longer term, an improving economic outlook and market sentiment will lead to a gradual recovery in values. As a result, we are forecasting price growth of 20.9% across prime Wales over the five years to 2030.
