The cost of buying a house in Zimbabwe varies widely depending on location, property size, and market positioning. While entry-level homes exist at lower price points, most properties listed through established agencies reflect mid-to-upper market demand, particularly in Harare.
This guide breaks down realistic house prices, additional buying costs, and what buyers should budget for, based on current residential listings and market behaviour.
Average house prices in Zimbabwe
Residential properties in Zimbabwe are predominantly priced in US Dollars (USD). Based on current listings and active market supply, buyers can expect the following broad ranges:
- Starter & affordable homes: USD $50,000 – $150,000
- Mid-range family homes: USD $150,000 – $500,000
- Upper mid-range & premium homes: USD $500,000 – $1,500,000
- Luxury & investment properties: USD $1,500,000 – $2,000,000+
These figures reflect asking prices for residential homes currently available on the market and give a more accurate picture than historic averages.
House prices by location
Harare
Harare represents the largest and most active residential market in Zimbabwe.
- Entry-level suburbs:
USD $50,000 – $150,000
Typically smaller homes or older properties in developing areas. - Established family suburbs:
USD $150,000 – $500,000
Common in areas such as Greendale, Meyrick Park, Strathaven, and surrounding suburbs. - Prime northern suburbs:
USD $500,000 – $1,500,000+
Large homes in Borrowdale, Glen Lorne, Chisipite, Helensvale, and Burnside. - Ultra-luxury estates:
USD $1,500,000 – $2,000,000+
High-value properties with extensive land, premium finishes, and strong long-term investment appeal.
Bulawayo
Bulawayo generally offers better value for money compared to Harare.
- Most houses range between USD $80,000 – $300,000
- Larger stands and established neighbourhoods are common
- Demand is steady, driven by owner-occupiers rather than speculation
Victoria Falls
Victoria Falls pricing is influenced by tourism, investment, and limited supply.
- Residential homes typically range from USD $120,000 – $350,000
- Investment properties and short-term rental homes may exceed this range
- Buyers often focus on long-term growth rather than affordability
Additional costs when buying a house in Zimbabwe
The advertised price is not the full cost of buying a property. Buyers should also budget for:
Conveyancing and transfer fees:
- Usually 3% – 7% of the purchase price
- Covers legal transfer, registration, and conveyancer fees
Title Deed Verification:
- Essential to confirm legal ownership
- Properties with clean title deeds command higher prices
Valuation and compliance:
- Property valuation
- Local authority compliance and clearance certificates
Taxes and transactional costs:
- Capital gains tax (typically seller-related but impacts pricing)
- Administrative and registration costs
The true cost of home ownership
Beyond the purchase itself, buyers should consider:
- Municipal rates and service charges
- Ongoing maintenance, particularly for older homes
- Security, utilities, and possible renovations
- Compliance upgrades if required
Lower-priced properties often require additional post-purchase investment, which can significantly increase total cost.
Buying property in Zimbabwe as a foreigner
Foreign buyers are permitted to purchase residential property in Zimbabwe, subject to conditions:
- The property must have valid title deeds
- Agricultural land is restricted
- Transactions are conducted in USD
- Compliance with local registration processes is required
Foreign buyer activity is most common in Harare North and Victoria Falls.
Is property in Zimbabwe expensive?
Zimbabwean property is affordable relative to many global markets, but pricing within the country varies sharply.
- Prime suburbs are priced at international levels
- Demand remains strong for secure, well-located homes
- Clean legal status significantly influences value
Affordability depends far more on suburb quality and legal certainty than national averages.
Current property market trends
Key trends shaping residential prices include:
- Strong demand for stand-alone houses
- Preference for secure, well-serviced suburbs
- Increased activity from diaspora buyers
- Limited supply of high-quality, well-titled homes
These factors continue to support price resilience, particularly in prime areas.
Frequently asked questions
· How much should I budget to buy a house in Zimbabwe?
Most buyers should budget USD $150,000 – $500,000, plus an additional 5–10% for legal and transfer costs.
· Are cheaper houses available?
Yes, but they are usually located outside prime suburbs or require additional investment and legal checks.
· Can foreigners buy houses in Zimbabwe?
Yes, provided the property is residential and properly titled.
· Are luxury homes common in Zimbabwe?
Yes. Current listings show multiple properties priced above USD $1.5 million, particularly in Harare North.
The cost of buying a house in Zimbabwe is shaped by location, legal status, and overall property quality. Current market listings show a strong concentration in the mid-to-upper price ranges, with premium homes forming a significant portion of available stock.
Buyers who focus on clean title deeds, realistic budgets, and total ownership costs are best positioned to make secure, long-term property decisions. Ready to take the next step? Speak to a trusted property professional to explore well-titled homes, understand the true costs, and make a confident, well-informed purchase in Zimbabwe. Get in touch today.
