House prices in postcode 210: registered residential sale prices from the HMS property register, median price per m², sales volume and year-on-year change. Live asking prices are shown separately so sold prices and seller expectations stay distinct.
Over the last twelve months, the median residential price in postcode 210 is 893,533 ISK per square metre, based on 506 registered sales in the HMS property register (Kaupskrá). The median sale price is 91,950,000 ISK. That is about 20% above the national median price per square metre of 746,714 ISK. The median price per square metre is 5.0% higher than the same period a year earlier. The median size of homes sold is 111 m².
What the mortgage on a typical home here would cost, and whether it fits a typical local household’s take-home pay — figures only, no verdict.
Burden is the greiðslumat ratio — 210's median sold-price mortgage (20% down, 9% rate, 30-year annuity) as a share of the Garðabær median household's take-home pay. Icelandic banks cap mortgage payments at 35% of take-home income (40% for first-time buyers). The indexed (verðtryggt) figure is the lower INITIAL payment most Icelandic buyers take; its principal is CPI-indexed so that payment rises with inflation — a cash-flow timing benefit, not a lower real cost. Income is published per municipality, not per postcode, and actual buyers here may earn more or less — so treat it as a reference, not a verdict. (Hagstofa Íslands TEK01002, 2025).
Estimated: Depends on a model or a chosen assumption — change the assumption and the figure changes.Modelled lending rates, not observed bank offers. Non-indexed: policy rate + 1.0pp. Indexed: indexed real yield + 1.3pp. The spread is fixed, so it does not reflect changes in banks’ lending margins. Assumption last reviewed 15 August 2026. About the rate assumptionsMeasured bank rates
Median sold price/m² from the HMS register · 90-day rolling windows, last ~9.7 years
Transaction history · HMS register
Over the last twelve months, 506 homes were sold in postcode 210 (Garðabær) — 7.8% fewer than the year before. Median sale price -5.2%, but price per m² +5.0%. The larger change was among detached, terraced and semi-detached homes (-36.2% against +2.0%).
Why the two trends disagree: the median size sold went from 118 m² to 111 m². Smaller homes sold, not cheaper square metres — the gap is composition, not a price fall.
The 12 most recent registered residential sales in this postcode
| Date | Address | Type | Size | Price | ISK per m² |
|---|---|---|---|---|---|
| 05.10.2026 | Lyngás 1DApartment · 99.0 m² · 788K/m² | Apartment | 99.0 m² | 78.0M | 788K |
| 02.10.2026 | Lerkiás 9Terraced or semi-detached house · 179.7 m² · 960K/m² | Terraced or semi-detached house | 179.7 m² | 172.5M | 960K |
| 02.10.2026 | Þorraholt 13BNew buildApartment · 129.7 m² · 1064K/m² | Apartment | 129.7 m² | 138.0M | 1064K |
| 02.10.2026 | Lautargata 1New buildApartment · 89.8 m² · 986K/m² | Apartment | 89.8 m² | 88.5M | 986K |
| 02.10.2026 | Línakur 3Apartment · 126.5 m² · 905K/m² | Apartment | 126.5 m² | 114.5M | 905K |
| 02.10.2026 | Árakur 5Apartment · 142.7 m² · 816K/m² | Apartment | 142.7 m² | 116.5M | 816K |
| 01.10.2026 | Hrísmóar 1Apartment · 113.6 m² · 753K/m² | Apartment | 113.6 m² | 85.5M | 753K |
| 01.10.2026 | Strikið 4Apartment · 110.6 m² · 922K/m² | Apartment | 110.6 m² | 102.0M | 922K |
| 30.09.2026 | Langalína 11Apartment · 123.1 m² · 160K/m² | Apartment | 123.1 m² | 19.7M | 160K |
| 30.09.2026 | Eskiás 6BNew buildApartment · 82.5 m² · 891K/m² | Apartment | 82.5 m² | 73.5M | 891K |
| 29.09.2026 | Vorbraut 9New buildApartment · 88.9 m² · 1011K/m² | Apartment | 88.9 m² | 89.9M | 1011K |
| 29.09.2026 | Strandvegur 9Apartment · 118.2 m² · 1015K/m² | Apartment | 118.2 m² | 120.0M | 1015K |
Live Vísir listings — what sellers are asking now, distinct from the sold figures above.
From our daily capture since 17.06.2026. Age is counted per home, not per advert (re-posts are stitched together), from the first day the home was seen in the capture — homes already for sale then are at least that old (≥). Describes current inventory — not how fast homes sell.
This page shows house prices in postcode 210 from registered residential sale contracts. It summarizes the median sold price, price per square metre, registered sales volume and the change from the previous 12-month period.
The median sold price is a more stable reference than the average when a few unusually large or expensive homes could distort the result. Price per square metre is useful when comparing different neighbourhoods or different home sizes.
Asking prices from live listings are shown separately from sold prices. That keeps seller expectations distinct from what buyers actually paid according to the HMS property register.
The best short answer is the median sold price in postcode 210, when enough registered sales are available. It is based on residential sales from the HMS property register, not listing asking prices.
Price per square metre is calculated from registered sale prices and the size of homes sold. It is shown as a median so a few unusually expensive or inexpensive sales do not dominate the result.
The main price figures are based on registered sales from the HMS property register. Live listing data is shown separately to describe current supply and asking prices.
The page normally uses the latest 12 months of registered sales for the snapshot. When there are too few sales, the median or change may be withheld to avoid misleading results.
Headline figures — median sold price, price per m² and year-on-year change — are real trailing-12-month sold prices from the HMS register, withheld below a minimum number of sales and consistent with the overview. The price history is a rolling 90-day median price per m² from the register, reaching back about ten years, each point subject to the same minimum. Asking prices and inventory from Vísir are shown separately and never mixed into the sold headline. The transaction history counts sales by calendar quarter with sample-gated medians (apartments = Fjölbýli; houses = Einbýli/Sérbýli) and a year-on-year change between two equal windows. New builds are counted within their dwelling type and also shown on their own; they are not a third category. Recent sales are the latest registered residential sales in the postcode.Sources: HMS Kaupskrá (sold medians, YoY, price history) · Vísir Fasteignir (current asking prices / inventory)