Houses Price Trends in Sri Lanka: A Buyer's Guide

Houses remain the most sought-after property type across Sri Lanka, from compact single-storey homes in the suburbs to larger family houses in established neighbourhoods. Location, land extent and proximity to schools or main roads are usually the biggest factors in price.

When evaluating a house, check the land and building survey plans, confirm the deed is clear of disputes, and inspect the roof, plumbing and electrical wiring, especially in older houses. If you're buying to renovate, factor construction costs into your budget early.

Browse the latest house listings below, and compare them against the price trend - based on our Property Price Index - to judge whether an asking price is in line with the current market.

Houses Price Trends in Sri Lanka

For saleFor sale
For rentFor rent
Last 3 Months
Average PriceRs 15,922 per sqft
Price RangeRs 15,329 - Rs 16,257
Growth+24.4%
Last 6 Months
Average PriceRs 15,624 per sqft
Price RangeRs 15,101 - Rs 16,257
Growth+4.3%
Last 12 Months
Average PriceRs 14,996 per sqft
Price RangeRs 13,957 - Rs 16,257
Growth+34.9%
Last 24 Months
Average PriceRs 14,341 per sqft
Price RangeRs 12,491 - Rs 16,257
Growth+29.0%
Recent Price Comparison
vs Last Month+0.5%
vs Same Month Last Year+12.9%
vs Same Month, 2 Years Ago+28.2%
Buy vs Rent: Estimated Rental Yield
Estimated annual return from renting out a Houses property, based on the average sale price and average rent shown below.
Average Sale PriceRs 12,755 per sqft
Average RentRs 43 per sqft
Estimated Gross Rental Yield4.06%
24-Month Price Trend
Monthly Price History
MonthAverage Price
August 2026Rs 16,257 per sqft
July 2026Rs 16,181 per sqft
June 2026Rs 15,329 per sqft
May 2026Rs 15,101 per sqft
April 2026Rs 15,289 per sqft
March 2026Rs 15,589 per sqft
February 2026Rs 14,458 per sqft
January 2026Rs 14,411 per sqft
December 2025Rs 13,957 per sqft
November 2025Rs 14,306 per sqft
October 2025Rs 14,866 per sqft
September 2025Rs 14,213 per sqft
August 2025Rs 14,399 per sqft
July 2025Rs 14,400 per sqft
June 2025Rs 14,715 per sqft
May 2025Rs 14,365 per sqft
April 2025Rs 13,851 per sqft
March 2025Rs 14,523 per sqft
February 2025Rs 13,400 per sqft
January 2025Rs 13,043 per sqft
December 2024Rs 13,227 per sqft
November 2024Rs 13,202 per sqft
October 2024Rs 12,491 per sqft
September 2024Rs 12,607 per sqft
Houses Average Price by Bedrooms
1
Rs 5,929 per sqft
2
Rs 7,212 per sqft
3
Rs 9,666 per sqft
4
Rs 14,387 per sqft
4+
Rs 16,025 per sqft
Houses Average Price by Location
Colombo Houses Average Price
Rs 17,264 per sqft+35.4% vs. the Sri Lanka average
Based on 13816 active listings
Gampaha Houses Average Price
Rs 6,616 per sqft-48.1% vs. the Sri Lanka average
Based on 3111 active listings
Kalutara Houses Average Price
Rs 4,739 per sqft-62.8% vs. the Sri Lanka average
Based on 456 active listings
Kandy Houses Average Price
Rs 5,475 per sqft-57.1% vs. the Sri Lanka average
Based on 377 active listings
Galle Houses Average Price
Rs 4,335 per sqft-66.0% vs. the Sri Lanka average
Based on 119 active listings
Kurunegala Houses Average Price
Rs 2,595 per sqft-79.7% vs. the Sri Lanka average
Based on 119 active listings
Badulla Houses Average Price
Rs 3,599 per sqft-71.8% vs. the Sri Lanka average
Based on 88 active listings
Matara Houses Average Price
Rs 3,936 per sqft-69.1% vs. the Sri Lanka average
Based on 76 active listings
Nuwara Eliya Houses Average Price
Rs 9,625 per sqft-24.5% vs. the Sri Lanka average
Based on 59 active listings
Puttalam Houses Average Price
Rs 3,491 per sqft-72.6% vs. the Sri Lanka average
Based on 37 active listings
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Price information is based on historical data from ads posted on ikman and may not reflect the full market dynamics.

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