Areas
Estimate a home's value →

Vaala apartment prices

Average price per m²
701
€/m² · all apartments 2024
Annual change
+10.0%
2023 → 2024
▲ rising
Sales
13
in 2024
Popu­lation
2,534
residents (2024)
Vaala: average apartment price of 701 euros per m² in completed sales in 2024. The bar chart compares the city with its nearest municipalities: vaala is the 17th most expensive of the 24 nearest municipalities.

Prices per m² by building type

Building type€/m²Sales1 v5 v
All building types 701 13 +10.0% −18.5%

Price trend 2006–2025

5507509501,15020092013201720212025All building types
5507509501,150'10'15'20'25— All building types

Population and residents

Popu­lation residents2,534▼ −24.8% since 2010
Mean age years54▲ +10 yrs vs. all of Finland
University-educated share of residents19%▼ −10 pp vs. all of Finland
Employ­ment rate of the labour force83%▼ −5 pp vs. all of Finland
Rental homes of households21%▼ −17 pp vs. all of Finland
Average home size m²86▲ +9% vs. all of Finland
▲/▼ compare the value with the national level (Paavo 2024): university-educated 29%, employment rate 88%, mean age 44 yrs, rental homes 38%, average home size 79 m².
Population trend 2010–2024
2,4003,0003,5002010201520202024
2,4003,0003,500'10'15'20'24
The figures are the sum of the city's 12 postcode areas (Statistics Finland, Paavo 2024).

Population forecast 2024–2045

According to Statistics Finland's forecast, Vaala is declining: the population in 2045 will be about 1,956, compared with 2,537 in 2024.

In 2029 residents2,317▼ −8.7% vs. 2024
In 2034 residents2,156▼ −15.0% vs. 2024
In 2045 residents1,956▼ −22.9% vs. 2024
Source: Statistics Finland, population forecast 2024 (14wx). These figures are a FORECAST, not actual data: they describe population change if birth rates, mortality and migration follow the forecast's assumptions. The forecast takes no position on apartment prices.

Home price estimate: Vaala

The figures above are area averages. The value of an individual apartment differs from them depending on its condition, its floor, what has been renovated in the housing company and the maintenance charge. AsuntoAnalyysi calculates an estimate from these using completed sales in your own postcode area.

Two factors weigh differently on the estimate at different price levels, and they work in opposite directions. A renovation costs the same in a cheap and an expensive area, but in a cheaper area a smaller sum is deducted from the estimate, because the area's average price already includes its typical repair backlog. The maintenance charge, on the other hand, is a fixed amount per m², so its share of the apartment's value grows as the area gets cheaper. At the €701/m² level of Vaala, that means this:

FactorIn a 70 m² apartmentShare
Upcoming pipe renovation −€16,400 −33.3%
Maintenance charge €1/m²/mo above the area level −€5,300 −10.0%
The contract price of a pipe renovation, as the shareholder's portion, is about €1,000 per m² of apartment, or about €70,000 for a 70 m² apartment. When the area's price per m² is below the reference level of €3,000/m², the full contract price is not deducted from the estimate: a full deduction would count the repair backlog twice. The deduction is then the same share of value in every area below the reference level, but smaller in euros the cheaper the area is. The effect of the maintenance charge is capped at ±10% of the value. Percentage-based factors (condition, energy class, floor) have the same effect regardless of price level. 70 m² is an example size here, not calculated from the data. How the estimate is built (in Finnish) →

Frequently asked: Vaala

Vaala: what is the average apartment price per m²?

In 2024, apartments in Vaala sold for an average of €701/m². The figure is based on 13 completed apartment sales (Statistics Finland, municipal statistics).

Vaala: are apartment prices rising or falling?

The average price per m² rose by 10.0% from 2023 to 2024. The five-year change is −18.5% and the ten-year change −34.1%.

Vaala: how much is my home worth?

The area's average price per m² is €701/m², but the value of an individual apartment differs from it according to its condition, floor, housing company renovations and maintenance charge. AsuntoAnalyysi calculates an estimate from completed sales in your own postcode area and takes these factors into account. For example, an upcoming pipe renovation lowers the estimate at this price level by about €16,400 for a 70 m² apartment.

Vaala: how many residents does the area have?

The city's postcode areas have 2,534 residents in total (2024). The mean age is 54. The population has decreased by 25% since 2010.

Sources and method