Buying real estate in Hai Phong?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

How much do houses cost now in Hai Phong? (2026)

Last updated on 

Authored by the expert who managed and guided the team behind the Vietnam Property Pack

buying property foreigner Vietnam

Everything you need to know before buying real estate is included in our Vietnam Property Pack

Looking to buy a house in Hai Phong in 2026? You're probably wondering what you'll actually pay for a landed home in Vietnam's third-largest city.

We've put together this guide to give you clear, realistic price ranges for houses in Hai Phong, from budget starter homes to premium villas, and we constantly update this blog post as the market evolves.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Hai Phong.

How much do houses cost in Hai Phong as of 2026?

What's the median and average house price in Hai Phong as of 2026?

As of early 2026, the median house price in Hai Phong is around VND 3.8 billion (roughly USD 152,000 or EUR 141,000), while the average house price sits higher at about VND 6.2 billion (USD 248,000 or EUR 230,000).

The typical price range that covers roughly 80% of house sales in Hai Phong falls between VND 2 billion and VND 8 billion (USD 80,000 to USD 320,000, or EUR 74,000 to EUR 296,000), which reflects the city's mix of modest townhouses and larger villas.

The gap between the median and average house prices in Hai Phong tells you that the market is pulled upward by expensive properties in prime central districts and branded developments, while most buyers actually purchase homes closer to that lower median figure.

At the median price of VND 3.8 billion in Hai Phong, you can realistically expect a 3-floor townhouse on a 50-60 square meter land plot, typically located in a decent alley of a mid-tier district like Kiến An or outer parts of Hải An.

Sources and methodology: we anchored our house price estimates on Savills Vietnam's Hai Phong Spotlight, which tracks landed property pricing at around VND 49 million per square meter. We cross-checked these figures against live listings on Batdongsan.com.vn and market reports from JLL Vietnam. Our own data and local research help us translate per-square-meter benchmarks into realistic whole-house budgets.

What's the cheapest livable house budget in Hai Phong as of 2026?

As of early 2026, the minimum budget for a livable house in Hai Phong is around VND 1.2 to 1.8 billion (USD 48,000 to 72,000, or EUR 44,000 to 67,000), though a more realistic starter house budget sits at VND 1.8 to 2.5 billion (USD 72,000 to 100,000, or EUR 67,000 to 93,000).

At this entry-level price in Hai Phong, "livable" typically means a basic townhouse that doesn't require major structural repairs, but you should expect older finishes, narrow frontage, and likely no dedicated parking space.

These cheapest livable houses in Hai Phong are usually found in outer districts like Vĩnh Bảo, Tiên Lãng, An Lão, and Kiến Thụy, where land values are lower and you're further from the commercial core.

Wondering what you can get? We cover all the buying opportunities at different budget levels in Hai Phong here.

Sources and methodology: we established the floor price by combining Hai Phong's official land-price framework (Decision 3163) with entry-level listings on Batdongsan.com.vn. We also referenced Savills Vietnam to understand how location impacts the cheapest price bands. Our own fieldwork helps validate what "livable" actually looks like at these budgets.

How much do 2 and 3-bedroom houses cost in Hai Phong as of 2026?

As of early 2026, a typical 2 to 3-bedroom townhouse in Hai Phong costs between VND 2.5 billion and VND 5 billion (USD 100,000 to 200,000, or EUR 93,000 to 185,000), though prices climb higher on main roads and in central districts.

For a 2-bedroom house in Hai Phong, the realistic price range is VND 2 billion to VND 4 billion (USD 80,000 to 160,000, or EUR 74,000 to 148,000), depending heavily on whether you're in an alley or on a street with vehicle access.

A 3-bedroom house in Hai Phong typically costs VND 3 billion to VND 5.5 billion (USD 120,000 to 220,000, or EUR 111,000 to 204,000), with prime main-road locations pushing prices toward VND 7 billion or more.

The typical price premium when moving from a 2-bedroom to a 3-bedroom house in Hai Phong is around 25% to 40%, mainly because the extra room usually means a larger land plot or better street positioning.

Sources and methodology: we translated Savills Vietnam's per-square-meter landed pricing into bedroom-based budgets using typical Hai Phong townhouse plot sizes of 45 to 90 square meters. We verified these ranges against active listings on Batdongsan.com.vn and contextual market notes from JLL Vietnam. Our internal analyses help us fine-tune how bedroom count correlates with price.

How much do 4-bedroom houses cost in Hai Phong as of 2026?

As of early 2026, a typical 4-bedroom house in Hai Phong costs between VND 4.5 billion and VND 9 billion (USD 180,000 to 360,000, or EUR 167,000 to 333,000), with location being the biggest price driver.

For a 5-bedroom house in Hai Phong, the realistic price range is VND 8 billion to VND 15 billion (USD 320,000 to 600,000, or EUR 296,000 to 556,000), as these larger homes are often found in master-planned urban areas or on premium streets.

A 6-bedroom house in Hai Phong typically falls in the VND 12 billion to VND 20+ billion range (USD 480,000 to 800,000+, or EUR 444,000 to 740,000+), usually representing villa-style properties in branded developments like Vinhomes Imperia.

Please note that we give much more detailed data in our pack about the property market in Hai Phong.

Sources and methodology: we scaled up from Savills Vietnam's landed pricing benchmark using larger typical plot sizes and applying location premiums. We cross-referenced with Batdongsan.com.vn listings for bigger properties and JLL Vietnam's insights on premium developments. Our own data helps us understand how large homes cluster in higher-value areas.

How much do new-build houses cost in Hai Phong as of 2026?

As of early 2026, a typical new-build townhouse or villa in Hai Phong costs around VND 55 to 80 million per square meter of land area, which translates to roughly VND 4 billion to VND 10 billion (USD 160,000 to 400,000, or EUR 148,000 to 370,000) for a standard project home.

New-build houses in Hai Phong typically carry a premium of around 20% compared to older resale houses, though this can range from 10% to 40% depending on the developer brand, amenities included, and how clean the paperwork is.

Sources and methodology: we started from Savills Vietnam's city benchmark of VND 49 million per square meter and applied premiums consistent with developer-led projects. We used JLL Vietnam's commentary on Hai Phong's urban development pipeline to calibrate the new-build premium range. Our analyses track how master-planned communities price relative to the resale market.

How much do houses with land cost in Hai Phong as of 2026?

As of early 2026, a house with land (meaning more than a narrow townhouse plot) in Hai Phong typically costs VND 7 billion to VND 18+ billion (USD 280,000 to 720,000+, or EUR 259,000 to 667,000+) for plots of 150 to 300 square meters.

In Hai Phong, a "house with land" typically means a plot of at least 100 to 150 square meters with yard space or garden, compared to standard townhouse plots which are usually just 45 to 90 square meters.

We cover everything there is to know about land prices in Hai Phong here.

Sources and methodology: we scaled Savills Vietnam's per-square-meter benchmark upward for larger plots while adjusting for the fact that bigger land is often in less central locations. We referenced Hai Phong's official land-price framework to understand central vs. suburban land values. Our own data helps us price "compound-style" properties accurately.

Thinking of buying real estate in Hai Phong?

Acquiring property in a different country is a complex task. Don't fall into common traps – grab our guide and make better decisions.

real estate forecasts Hai Phong

Where are houses cheapest and most expensive in Hai Phong as of 2026?

Which neighborhoods have the lowest house prices in Hai Phong as of 2026?

As of early 2026, the neighborhoods with the lowest house prices in Hai Phong are Vĩnh Bảo, Tiên Lãng, An Lão, and Kiến Thụy, all of which are outer districts with a more rural character.

In these cheapest Hai Phong neighborhoods, typical house prices range from VND 1.2 billion to VND 3 billion (USD 48,000 to 120,000, or EUR 44,000 to 111,000) for basic to mid-range townhouses.

These areas have the lowest house prices in Hai Phong primarily because they sit far from the industrial parks and port infrastructure that drive the city's economy, which means fewer jobs nearby and slower resale liquidity.

Sources and methodology: we combined Hai Phong's official land-price framework (Decision 3163) with market activity patterns described by JLL Vietnam. We verified with listing distributions on Batdongsan.com.vn to confirm which districts consistently show the lowest asking prices. Our local research validates why these areas remain affordable.

Which neighborhoods have the highest house prices in Hai Phong as of 2026?

As of early 2026, the three neighborhoods with the highest house prices in Hai Phong are Ngô Quyền (the commercial core), Lê Chân (central living hub), and Hồng Bàng (home to major branded developments).

In these most expensive Hai Phong neighborhoods, typical house prices range from VND 5 billion to VND 15+ billion (USD 200,000 to 600,000+, or EUR 185,000 to 556,000+), with main-road properties often exceeding VND 20 billion.

These neighborhoods command the highest house prices in Hai Phong because they offer the strongest commercial activity, best school access, and shortest commutes to both the airport corridor and downtown business areas.

The typical buyers in these premium Hai Phong neighborhoods are senior managers working in the nearby industrial zones, successful local business owners, and returning overseas Vietnamese who want convenient access to both the city center and Cat Bi Airport.

Sources and methodology: we triangulated JLL Vietnam's analysis of Hai Phong demand drivers with official land-price frameworks that show central-street premiums. We confirmed with premium listings on Batdongsan.com.vn. Our own buyer research informs who actually purchases in these areas.

How much do houses cost near the city center in Hai Phong as of 2026?

As of early 2026, a house near the city center of Hai Phong (in districts like Ngô Quyền, Lê Chân, and Hồng Bàng) typically costs VND 5 billion to VND 15 billion (USD 200,000 to 600,000, or EUR 185,000 to 556,000), with per-square-meter land prices running VND 70 to 120 million.

Houses near major transit hubs in Hai Phong, particularly along the Cat Bi Airport corridor in Hải An district, typically cost 10% to 25% more than similar houses deeper in small alleys, putting them in the VND 4 billion to VND 10 billion range (USD 160,000 to 400,000, or EUR 148,000 to 370,000).

Houses near top-rated international schools in Hai Phong, such as QSI International School of Haiphong, typically carry a 5% to 15% premium, with clean modern townhouses in convenient catchment areas costing VND 5 billion to VND 12 billion (USD 200,000 to 480,000, or EUR 185,000 to 444,000).

In expat-popular areas of Hai Phong like Hải An district and master-planned communities such as Vinhomes Imperia (Hồng Bàng) and Vinhomes Marina (Lê Chân), houses typically cost VND 6 billion to VND 15 billion (USD 240,000 to 600,000, or EUR 222,000 to 556,000).

We actually have an updated expat guide for Hai Phong here.

Sources and methodology: we used JLL Vietnam's analysis of infrastructure-driven demand clusters and official land-price frameworks to understand central-area premiums. We referenced QSI International School of Haiphong as a real expat anchor point. Our own expat network research helps us map where foreign buyers actually concentrate.

How much do houses cost in the suburbs in Hai Phong as of 2026?

As of early 2026, a house in the suburbs of Hai Phong typically costs VND 1.8 billion to VND 5.5 billion (USD 72,000 to 220,000, or EUR 67,000 to 204,000), with per-square-meter land prices running VND 25 to 45 million.

The typical price difference between suburban houses and city-center houses in Hai Phong is around 40% to 60% lower in the suburbs, meaning you can often get twice the land area for the same budget once you move outside the core districts.

The most popular suburbs for house buyers in Hai Phong are An Dương (gateway location with good road access), Thủy Nguyên (emerging development hotspot), and the outer parts of Kiến An (more affordable while still reasonably connected).

Sources and methodology: we applied a location discount to Savills Vietnam's city benchmark, consistent with how official land-price frameworks step down away from the center. We verified with suburban listings on Batdongsan.com.vn. Our fieldwork confirms which suburban areas see the most buyer activity.

What areas in Hai Phong are improving and still affordable as of 2026?

As of early 2026, the top improving yet still affordable areas for house buyers in Hai Phong are Thủy Nguyên (major development direction), An Dương (benefiting from new road connections), and Dương Kinh (improving ring-road access).

In these improving areas of Hai Phong, current typical house prices range from VND 2 billion to VND 5 billion (USD 80,000 to 200,000, or EUR 74,000 to 185,000), which is still well below central district pricing.

The main sign of improvement driving buyer interest in these Hai Phong areas is the completion of new bridges and roads that dramatically cut commute times to the industrial parks and port facilities where most jobs are located.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Hai Phong.

Sources and methodology: we relied on JLL Vietnam's framing of Hai Phong's infrastructure-driven transformation and Savills Vietnam's notes on emerging neighborhoods like Thủy Nguyên. We tracked listing trends on Batdongsan.com.vn to see where activity is picking up. Our local insights help identify infrastructure projects that will shift prices.
infographics rental yields citiesHai Phong

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

What extra costs should I budget for a house in Hai Phong right now?

What are typical buyer closing costs for houses in Hai Phong right now?

The typical total closing cost for house buyers in Hai Phong runs about 1% to 2.5% of the purchase price, though this can go higher if you're paying broker fees and extra due diligence costs.

The main closing cost categories in Hai Phong include the registration fee (usually 0.5% of the contract value), notary fees (a few million VND on a tiered schedule), land certificate update fees (relatively small), and any agent or broker fees you've negotiated.

The single largest closing cost for most house buyers in Hai Phong is typically the registration fee at 0.5%, which on a VND 4 billion house would be around VND 20 million (USD 800 or EUR 740).

We cover all these costs and what are the strategies to minimize them in our property pack about Hai Phong.

Sources and methodology: we based our closing cost breakdown on Vietnam's legal and tax structure as documented in Ministry of Construction reports and Hai Phong's provincial frameworks. We also referenced Savills Vietnam for market practice context. Our own transaction research helps us present realistic ranges rather than just legal minimums.

How much are property taxes on houses in Hai Phong right now?

The typical annual property tax on a house in Hai Phong is quite small by international standards, usually ranging from a few hundred thousand VND to a few million VND per year (roughly USD 20 to 200, or EUR 18 to 185), depending on your land's assessed value.

Property tax in Hai Phong is calculated as a non-agricultural land use tax at a rate of 0.03% applied to the official assessed land value (not the market price), which is why the annual bill stays low even for houses worth billions of VND.

If you want to go into more details, we also have a page with all the property taxes and fees in Hai Phong.

Sources and methodology: we used the Law on Non-Agricultural Land Use Tax for the rate structure and Hai Phong's land-price framework to understand assessed values. We also referenced official Hai Phong government postings for verification. Our calculations translate legal rates into practical annual amounts.

How much is home insurance for a house in Hai Phong right now?

The typical annual home insurance cost for a house in Hai Phong ranges from VND 2 to 8 million (USD 80 to 320, or EUR 74 to 296) for a standard townhouse, and VND 8 to 25 million (USD 320 to 1,000, or EUR 296 to 926) for larger villas with higher rebuild values.

The main factors affecting home insurance premiums for houses in Hai Phong include the property's rebuild cost, the construction type (concrete vs. mixed materials), flood risk in your specific ward, and whether you add coverage for contents and typhoon damage.

Sources and methodology: we compiled insurance ranges from typical rebuild-value pricing logic since Vietnam doesn't publish average home insurance data. We consulted Savills Vietnam for property value benchmarks and JLL Vietnam for construction cost context. We recommend getting 2-3 quotes as pricing varies significantly between insurers.

What are typical utility costs for a house in Hai Phong right now?

The typical total monthly utility cost for a house in Hai Phong ranges from VND 750,000 to VND 4 million (USD 30 to 160, or EUR 28 to 148), with air conditioning use being the biggest variable that can push your bill higher.

The breakdown of main utility costs for houses in Hai Phong includes electricity at VND 600,000 to 3.5 million per month (heavily depends on AC usage), water at VND 150,000 to 450,000 per month, and internet at around VND 200,000 to 400,000 per month.

Sources and methodology: we used EVN's official tiered electricity tariffs and Hai Phong's water utility tariff page as our primary sources. We also referenced the official water pricing decision to validate the rates. Our consumption estimates reflect typical household usage patterns in Hai Phong's climate.

What are common hidden costs when buying a house in Hai Phong right now?

The estimated total of common hidden costs that house buyers in Hai Phong often overlook can add VND 50 to 200 million (USD 2,000 to 8,000, or EUR 1,850 to 7,400) on top of the purchase price, covering everything from repairs to paperwork verification.

Typical inspection fees when purchasing a house in Hai Phong range from VND 5 to 20 million (USD 200 to 800, or EUR 185 to 740) for a basic technical and paperwork check, and VND 20 to 60 million (USD 800 to 2,400, or EUR 740 to 2,220) for thorough engineer plus legal plus translation review.

Other common hidden costs beyond inspections when buying a house in Hai Phong include renovation and moisture repairs (Vietnam's humidity is tough on older houses), furniture and appliances (many houses are sold empty), and extra fees if alley access creates complications for your move.

The hidden cost that tends to surprise first-time house buyers most in Hai Phong is the renovation budget, because what looks like minor cosmetic issues often reveals moisture damage, outdated wiring, or plumbing problems once you start work.

You will find here the list of classic mistakes people make when buying a property in Hai Phong.

Sources and methodology: we compiled hidden cost ranges from professional service rates in Vietnam rather than any single published source. We referenced Savills Vietnam for context on property conditions and Batdongsan.com.vn listings to understand what's typically included. Our buyer research helps identify which surprises catch people off guard most often.

Get fresh and reliable information about the market in Hai Phong

Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.

buying property foreigner Hai Phong

What do locals and expats say about the market in Hai Phong as of 2026?

Do people think houses are overpriced in Hai Phong as of 2026?

As of early 2026, the general sentiment among locals and expats is that central districts like Ngô Quyền and Lê Chân feel expensive, but outer districts still seem accessible for first-time buyers willing to accept longer commutes.

Well-priced houses in good Hai Phong districts typically sell within 30 to 60 days, while overpriced properties or those with unclear paperwork can sit on the market for 90 to 180 days or more.

The main reason locals and expats feel certain house prices are too high in Hai Phong is the gap between asking prices on main roads (mặt phố) and the actual incomes of young Vietnamese families, who often find they can only afford alley houses in mid-tier districts.

Compared to one or two years ago, sentiment on Hai Phong house prices has shifted from "everything is rising fast" to a more nuanced view where prime locations hold firm but less convenient houses now have more room for negotiation.

You'll find our latest property market analysis about Hai Phong here.

Sources and methodology: we triangulated sentiment from JLL Vietnam's demand analysis, listing patterns on Batdongsan.com.vn, and Ministry of Construction market reports. Our own conversations with local agents and expat buyers inform the qualitative sentiment picture.

Are prices still rising or cooling in Hai Phong as of 2026?

As of early 2026, house prices in Hai Phong are showing a mixed pattern: prime central locations and branded developments remain stable or slightly rising, while older houses in less convenient spots have softened and become more negotiable.

The estimated year-over-year house price change in Hai Phong is modest, with prime areas seeing around 3% to 5% growth while secondary locations have been essentially flat or slightly down after adjusting for negotiation.

Experts and locals expect house prices in Hai Phong over the next 6 to 12 months to stay supported by the city's industrial growth story (ports, logistics, manufacturing), though they don't anticipate the sharp jumps seen in earlier years.

Finally, please note that we have covered property price trends and forecasts for Hai Phong here.

Sources and methodology: we avoided claiming an official Hai Phong house price index since none is cleanly published. Instead, we cross-referenced JLL Vietnam's demand driver analysis with Ministry of Construction market monitoring and listing trends on Batdongsan.com.vn. Our own tracking helps us describe the "prime stays firm, non-prime negotiates" reality.
infographics map property prices Hai Phong

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Hai Phong, we always rely on the strongest methodology we can … and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why It's Authoritative How We Used It
Savills Vietnam - Hai Phong Spotlight Global real estate advisory with published research and clear metrics. We used it as our anchor for landed house pricing per square meter in Hai Phong. We translated those figures into realistic whole-house budgets by bedroom count.
Batdongsan.com.vn Vietnam's largest property marketplace tracked by institutional players. We used it to verify asking-price ranges and check what buyers actually see while shopping. We shaped our "cheap vs. expensive" budget bands from listing patterns.
JLL Vietnam - Hai Phong Market Perspectives Major global real estate consultancy with published market notes. We used it to understand what makes Hai Phong unique, including its port and industrial demand drivers. We identified improving neighborhoods based on their infrastructure analysis.
Hai Phong Land-Price Decision 3163 Official provincial decision that underpins assessed land values. We used it to understand why some streets cost much more than others. We supported our "cheapest vs. most expensive areas" logic with this official framework.
EVN - Retail Electricity Tariff National power utility publishing official government-approved tariffs. We used it to estimate monthly electricity costs for typical house usage. We showed how bills rise sharply once air conditioning pushes you into higher tiers.
Hai Phong Water Utility Local water utility's customer-facing tariff page citing official decisions. We used it to estimate typical monthly water bills for houses. We anchored on official rates rather than unofficial blog estimates.
Law on Non-Agricultural Land Use Tax Integrated legal text from a widely used Vietnamese legal database. We used it to explain annual property tax mechanics and rates. We avoided guesswork by referencing actual rate bands in the law.
Ministry of Construction Market Report Vietnam's central housing regulator collecting reports from provinces. We used it to understand how Vietnam officially reports housing market information. We triangulated market direction language without over-relying on listing portals alone.
National Statistics Office (GSO) Vietnam's official statistics agency for economic data. We used it to frame purchasing power context and keep nominal VND ranges realistic. We did not use it for city-level house prices since those aren't published.
QSI International School of Haiphong Official school website useful as a real expat anchor point. We used it to name a real international school landmark when discussing "near top schools" pricing. We did not use it as a housing data source.

Get to know the market before buying a property in Hai Phong

Better information leads to better decisions. Get all the data you need before investing a large amount of money. Download our guide.

real estate market Hai Phong