What does an apartment cost in Hovjordet?

The median apartment price in Hovjordet is 46 000 kr/m². Most sales fall between 45 000 and 47 000 kr/m².

Is Hovjordet more expensive than Drammen?

No. An apartment in Hovjordet costs about 33 % less per square metre than the median in Drammen (46 000 kr/m² vs 69 000 kr/m²).

The median income in Hovjordet is 723 000 kr/year per household (Statistics Norway).

Hovjordet has roughly 775 residents (Statistics Norway).

33% cheaper than Drammen Higher incomes than Drammen ≈800 residents

In Hovjordet an apartment costs on average 46 000 kr per square metre, about 33% less than in Drammen.

Around 775 people live here, with a median income of 723 000 kr a year.

Median, apartment

46 000 kr /m²

Typical 45 000–47 000 kr/m²

8 listings · Estimated from asking prices

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LowerHigher

Apartment, median 46 000 kr/m²

33% cheaper than Drammen

Drammen Norway

Hovjordet 46 000 kr/m² Drammen 69 000 kr/m² Norway 89 000 kr/m²

Median income 723 000 kr/yr

12% higher than Drammen

Drammen

Hovjordet 723 000 kr/yr Drammen 646 000 kr

Home ÷ annual income 3.5×

32% lower than Drammen

Drammen

Hovjordet 3.5× Drammen 5.2×

Population: 775

Source: Statistics Norway & the Norwegian Election Directorate

These are the numbers for the area. For a specific home, Heimer also works out the monthly cost and flags risks like flooding.

Size	Median kr/m²	Range
3 rooms	45 500 kr	45 000–47 000

Hovjordet ranks 13 of 15 in Drammen by price.

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