The Cheapest Places in Sweden to Buy a Holiday Home in 2025
After the pandemic housing boom, Sweden’s holiday home market has cooled, and that’s good news for buyers. Prices across much of the country have fallen from their peak, and in many regions, they now offer outstanding value compared to a few years ago.
For expats dreaming of a red wooden cottage by a lake, a seaside getaway, or a winter hideaway surrounded by pine forests, 2025 may be one of the best times in years to buy.
A Market Correction After the Pandemic Boom
During the pandemic, domestic demand for vacation homes surged as Swedes sought nature escapes within their own borders. That rush sent prices soaring to record highs. Since then, demand has softened, supply has grown, and prices have come back down to earth.
According to data from Hemnet, Sweden’s leading property platform, the average holiday home now costs around 1.93 million kronor (about €165,000 or $192,000), roughly 6 percent lower than the pandemic peak.
“Prices have stabilized and are well below previous peak levels,” says Erik Holmberg, market analyst at Hemnet. “At the same time, the supply is historically high, which gives buyers more choice and the chance to find something that fits both price and taste.”
Gotland: Once Pricey, Now a Relative Bargain
The most dramatic decline has been on Gotland, Sweden’s beloved island in the Baltic Sea. Known for its charming medieval capital of Visby, limestone cliffs, and sun-drenched beaches, Gotland was one of the hottest destinations during the pandemic.
Now, prices have fallen 27 percent from their peak. The average holiday home costs about 2.39 million kronor (€205,000/$239,000), almost 900,000 kronor (€77,000/$89,000) less than at the market’s height.
For expats looking for a unique island lifestyle steeped in history and surrounded by natural beauty, Gotland is more affordable than it has been in years.
Where Prices Have Stayed Stable
Kronoberg County, in southern Sweden’s forested heartland, stands out as the only region where holiday home prices haven’t changed since the pandemic.
Averaging 1.4 million kronor (€120,000/$139,000), prices there remain steady, reflecting ongoing local demand and the region’s appeal for buyers who want peace, lakes, and classic Swedish countryside without being too remote.
Northern Sweden: The Cheapest Holiday Homes in the Country
If affordability is the top priority, Sweden’s northernmost counties are unbeatable.
In Norrbotten, the average holiday home costs just 1.07 million kronor (€92,000/$107,000), the lowest in the country. Despite its Arctic location, Norrbotten offers incredible scenery, access to the Northern Lights, and a strong sense of wilderness adventure.
Nearby Västernorrland and Örebro counties also offer excellent value, with average prices around 1.1 million kronor (€95,000/$110,000), and price drops of 18 and 15 percent respectively.
These regions are perfect for expats seeking peace, nature, and a slower pace of life, whether that means skiing, fishing, or simply escaping urban stress.
Stockholm and the South: Still Expensive, But Softer
Unsurprisingly, Stockholm County remains Sweden’s most expensive area for holiday homes, with an average price of 3.05 million kronor (€262,000/$305,000). That’s still 11 percent lower than at the height of the pandemic, meaning there’s some room for negotiation even in premium coastal or island locations near the capital.
Southern coastal regions like Skåne and Halland, which attract both Swedish and international buyers, have also seen price declines of around 12–17 percent.
Top Value Swedish Regions for Holiday Home Buyers in 2025
For those entering the Swedish market from abroad, the following counties currently offer the best combination of low prices, lifestyle appeal, and availability:
| County | Average Price (dollar) | Change from Peak | Price Drop (%) | Why It’s Attractive |
|---|---|---|---|---|
| Norrbotten | 107,000 | −12,000 | −1% | Stunning Arctic nature, skiing, Northern Lights |
| Örebro | 111,000 | −202,000 | −15% | Central Sweden, good transport links, affordable |
| Västernorrland | 113,000 | −256,000 | −18% | Coastal beauty and forests, peaceful and low-cost |
| Gävleborg | 127,000 | −86,000 | −6% | Mix of coast, lakes, and forests near Stockholm |
| Värmland | 139,000 | −82,000 | −6% | Lakeside cabins and outdoor lifestyle |
| Kronoberg | 139,000 | ±0 | 0% | Stable prices, scenic “lake district” of Sweden |
Why It’s a Good Time for Foreign Buyers
With Sweden’s currency, the Swedish krona (SEK), remaining relatively weak against the euro and the dollar, international buyers gain even more value when converting funds.
Combine that with lower prices, high inventory, and Sweden’s stable property laws, and the country offers an unusually favorable environment for foreign investors and lifestyle buyers alike.
Whether you’re seeking a modern lakefront home in Småland, a traditional log cabin in the north, or a sunny island retreat on Gotland, the Swedish holiday home market now offers both choice and opportunity.