The property market in Waregem in 2025
Waregem is a municipality in the province of Flandre occidentale in Flanders, with 39,997 residents spread across 41.9 km2, giving a density of 954 inhabitants per km2.
The median price for houses stands at EUR 362,882, while apartments reach a median value of EUR 193,760. The price per square metre is EUR 2,592. Visit our property prices in Waregem page for detailed data.
Regional context: Flanders
Flanders, the economically dynamic region in northern Belgium, benefits from reduced registration fees of just 3%, a significant fiscal advantage for buyers. The region stands out for its strong economic fabric, quality infrastructure, and robust job market. Flemish culture values quality of life, cycling as a mode of transport, and well-maintained public spaces. The Flemish property market is generally more expensive than Wallonia but offers high liquidity.
Urban profile of Waregem
Waregem is a medium-sized city with comprehensive urban services, good transport connectivity, and varied neighbourhoods. It offers hospitals, shopping centres, cultural and sporting facilities, and a diversified job market. This intermediate size provides the best compromise between urban dynamism and quality of life.
The province of Flandre occidentale
West Flanders, bordering the North Sea, attracts with its tourist coastline, historic cities like Bruges, and a dynamic SME fabric. Coastal municipalities have an active second-home market.
Neighboring municipalities of Waregem
Here are municipalities in the same province worth considering:
- Ypres — Median house price: EUR 270,809, overall score: 71/100
- Menin — Median house price: EUR 278,831, overall score: 69/100
- Knokke-Heist — Median house price: EUR 326,088, overall score: 63/100
- Wevelgem — Median house price: EUR 333,969, overall score: 70/100
- Harelbeke — Median house price: EUR 224,741, overall score: 65/100
- Izegem — Median house price: EUR 294,823, overall score: 69/100
Transport and accessibility
Waregem scores 60/100 for public transport and 74/100 for walkability. The accessibility score for shops and services reaches 61/100.
Demographics and population profile
The population is experiencing moderate growth, with growth of 4.5% over 5 years. 19.8 % of the population is aged 18 to 34 and 22.8 % is over 65. The foreign population share is 8.3 %.
The median declarable income stands at EUR 30,943 per year. The municipality has 5,034 active businesses.
Safety
The crime rate is around the national average, with 70.4 offences per 1,000 residents, including 29.1 thefts and 6.1 acts of violence. The safety score is 16/100.
Quality of life in Waregem
Waregem offers a living environment that can be assessed through several complementary indicators. In terms of walkability, the municipality scores 74/100, reflecting how easy it is to walk for daily errands and activities. The public transport score is 60/100, indicating the level of bus, tram, or train service. Access to schools is rated 68/100, an essential criterion for families with children. Proximity to shops and services reaches 61/100. Green spaces score 67/100, important for daily wellbeing. Finally, the safety score stands at 16/100. All these criteria together give Waregem an overall score of 69/100.
Economy and employment in Waregem
The economic activity of Waregem is characterised by a median declarable income of EUR 30,943 per year (average income: EUR 41,523). The municipality hosts 5,034 active businesses, or 0.13 businesses per 100 residents, reflecting a dynamic economic fabric. The municipal tax pressure is 22.9%.
Investment
With an investment score of 53/100 and 443 transactions over the past 12 months, Waregem offers moderate investment potential. Registration fees in Flanders amount to 3%. Try our mortgage simulator and notary fees calculator.
How much does a house cost in Waregem in 2025?
The median price of a house in Waregem is EUR 362,882. Apartments trade at around EUR 193,760 and villas reach EUR 469,176.
Is Waregem a good municipality to invest in?
Waregem scores 53/100 for investment and 69/100 overall. Registration fees in Flanders amount to 3%.
What is the demographic profile of Waregem?
Waregem has 39,997 residents and 7,207 households. The median income is EUR 30,943 per year.
What public transport is available in Waregem?
Waregem scores 60/100 for public transport and 74/100 for walkability. The municipality benefits from a good public transport network for daily commuting.
How safe is Waregem?
The crime rate is around the national average, with a safety score of 16/100.