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 16,768 per sqft
Price RangeRs 15,946 - Rs 17,235
Growth+23.5%
Last 6 Months
Average PriceRs 16,076 per sqft
Price RangeRs 15,084 - Rs 17,235
Growth+13.5%
Last 12 Months
Average PriceRs 15,370 per sqft
Price RangeRs 13,951 - Rs 17,235
Growth+20.0%
Last 24 Months
Average PriceRs 14,693 per sqft
Price RangeRs 13,046 - Rs 17,235
Growth+29.8%
Recent Price Comparison
vs Last Month-0.7%
vs Same Month Last Year+15.2%
vs Same Month, 2 Years Ago+37.2%
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 12,888 per sqft
Average RentRs 44 per sqft
Estimated Gross Rental Yield4.13%
24-Month Price Trend
Monthly Price History
MonthAverage Price
October 2026Rs 17,122 per sqft
September 2026Rs 17,235 per sqft
August 2026Rs 15,946 per sqft
July 2026Rs 15,809 per sqft
June 2026Rs 15,258 per sqft
May 2026Rs 15,084 per sqft
April 2026Rs 15,283 per sqft
March 2026Rs 15,594 per sqft
February 2026Rs 14,457 per sqft
January 2026Rs 14,407 per sqft
December 2025Rs 13,951 per sqft
November 2025Rs 14,294 per sqft
October 2025Rs 14,863 per sqft
September 2025Rs 14,207 per sqft
August 2025Rs 14,393 per sqft
July 2025Rs 14,400 per sqft
June 2025Rs 14,715 per sqft
May 2025Rs 14,368 per sqft
April 2025Rs 13,852 per sqft
March 2025Rs 14,527 per sqft
February 2025Rs 13,402 per sqft
January 2025Rs 13,046 per sqft
December 2024Rs 13,220 per sqft
November 2024Rs 13,193 per sqft
Houses Average Price by Bedrooms
1
Rs 5,951 per sqft
2
Rs 7,262 per sqft
3
Rs 9,771 per sqft
4
Rs 14,522 per sqft
4+
Rs 16,196 per sqft
Houses Average Price by Location
Colombo Houses Average Price
Rs 17,382 per sqft+34.9% vs. the Sri Lanka average
Based on 14003 active listings
Gampaha Houses Average Price
Rs 6,712 per sqft-47.9% vs. the Sri Lanka average
Based on 3130 active listings
Piliyandala Houses Average Price
Rs 10,675 per sqft-17.2% vs. the Sri Lanka average
Based on 1734 active listings
Battaramulla Houses Average Price
Rs 18,237 per sqft+41.5% vs. the Sri Lanka average
Based on 1258 active listings
Talawatugoda Houses Average Price
Rs 14,087 per sqft+9.3% vs. the Sri Lanka average
Based on 1214 active listings
Athurugiriya Houses Average Price
Rs 10,222 per sqft-20.7% vs. the Sri Lanka average
Based on 1152 active listings
Malabe Houses Average Price
Rs 12,305 per sqft-4.5% vs. the Sri Lanka average
Based on 1078 active listings
Negombo Houses Average Price
Rs 9,972 per sqft-22.6% vs. the Sri Lanka average
Based on 957 active listings
Nugegoda Houses Average Price
Rs 19,972 per sqft+55.0% vs. the Sri Lanka average
Based on 898 active listings
Kottawa Houses Average Price
Rs 11,304 per sqft-12.3% vs. the Sri Lanka average
Based on 767 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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