Utrecht dethrones Noord-Holland as province with highest property values; Up 10.3% in NL

For the first time, the average property value of homes (WOZ) in Utrecht province is higher than that in Noord-Holland, Statistics Netherlands (CBS) reported on Wednesday. The average WOZ value of homes in the Netherlands is €439,000 this year, 10.3 percent higher than a year earlier.

The WOZ value for 2026 is based on the values of all rental and owner-occupied homes, as determined by municipalities as of January 1, 2025. The WOZ value is used to determine several taxes and levies, like property tax, income tax, and water and sewer tax. The WOZ value follows the price development of existing owner-occupied homes with a one-year delay. With a 10.3 percent hike, this year’s increase was significantly higher than 2025’s 5.3 percent and 2024’s 2.7 percent.

For years, Noord-Holland was the province with the highest average home values. Utrecht has now dethroned it. The province has long benefited from a strong demand for housing in Utrecht city and the surrounding municipalities. This year, Utrecht’s average WOZ is €534,000, compared to Noord-Holland’s €526,000.

Among the provinces, WOZ values increased the most in Limburg at +11.9 percent to an average of €348,000 per home. The lowest increase was in Zeeland at +7.2 percent.

Pekela in Groningen province saw the strongest increase in property values this year, with a rise of 19.2 percent. At €245,000 per home, Pekela still has one of the lowest WOZ values in the Netherlands. Only Heerlen and Kerkrade are lower at around €240,000. Texel had the lowest WOZ value increase at +2.5 percent to €416,000.

The highest WOZ values were in Laren in Noord-Holland (€993,000) and Bloemendaal (€988,000).