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 15,627 per sqft
Price RangeRs 15,114 - Rs 16,278
Growth+969742.4%
Last 6 Months
Average PriceRs 15,376 per sqft
Price RangeRs 14,465 - Rs 16,278
Growth+12.5%
Last 12 Months
Average PriceRs 14,866 per sqft
Price RangeRs 13,955 - Rs 16,278
Growth+61.5%
Last 24 Months
Average PriceRs 14,201 per sqft
Price RangeRs 12,477 - Rs 16,278
Growth+28.5%
Recent Price Comparison
vs Last Month+5.1%
vs Same Month Last Year+13.1%
vs Same Month, 2 Years Ago+26.2%
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 12,688 per sqft
Average RentRs 43 per sqft
Estimated Gross Rental Yield4.04%
24-Month Price Trend
Monthly Price History
MonthAverage Price
July 2026Rs 16,278 per sqft
June 2026Rs 15,489 per sqft
May 2026Rs 15,114 per sqft
April 2026Rs 15,304 per sqft
March 2026Rs 15,604 per sqft
February 2026Rs 14,465 per sqft
January 2026Rs 14,411 per sqft
December 2025Rs 13,955 per sqft
November 2025Rs 14,303 per sqft
October 2025Rs 14,868 per sqft
September 2025Rs 14,210 per sqft
August 2025Rs 14,394 per sqft
July 2025Rs 14,397 per sqft
June 2025Rs 14,712 per sqft
May 2025Rs 14,365 per sqft
April 2025Rs 13,851 per sqft
March 2025Rs 14,526 per sqft
February 2025Rs 13,395 per sqft
January 2025Rs 13,038 per sqft
December 2024Rs 13,216 per sqft
November 2024Rs 13,191 per sqft
October 2024Rs 12,477 per sqft
September 2024Rs 12,601 per sqft
August 2024Rs 12,671 per sqft
Houses Average Price by Bedrooms
1
Rs 5,932 per sqft
2
Rs 7,184 per sqft
3
Rs 9,595 per sqft
4
Rs 14,323 per sqft
4+
Rs 15,962 per sqft
Houses Average Price by Location
Colombo Houses Average Price
Rs 17,187 per sqft+35.5% vs. the Sri Lanka average
Based on 13656 active listings
Gampaha Houses Average Price
Rs 6,576 per sqft-48.2% vs. the Sri Lanka average
Based on 3511 active listings
Kalutara Houses Average Price
Rs 4,684 per sqft-63.1% vs. the Sri Lanka average
Based on 431 active listings
Kandy Houses Average Price
Rs 5,417 per sqft-57.3% vs. the Sri Lanka average
Based on 389 active listings
Kurunegala Houses Average Price
Rs 2,589 per sqft-79.6% vs. the Sri Lanka average
Based on 118 active listings
Galle Houses Average Price
Rs 4,227 per sqft-66.7% vs. the Sri Lanka average
Based on 113 active listings
Badulla Houses Average Price
Rs 3,576 per sqft-71.8% vs. the Sri Lanka average
Based on 91 active listings
Matara Houses Average Price
Rs 3,901 per sqft-69.3% vs. the Sri Lanka average
Based on 75 active listings
Nuwara Eliya Houses Average Price
Rs 10,998 per sqft-13.3% vs. the Sri Lanka average
Based on 51 active listings
Puttalam Houses Average Price
Rs 3,613 per sqft-71.5% vs. the Sri Lanka average
Based on 41 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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