What does an apartment cost in Lervik 1?

The median apartment price in Lervik 1 is 74 500 kr/m². Most sales fall between 72 000 and 78 000 kr/m².

Is Lervik 1 more expensive than Stavanger?

No. An apartment in Lervik 1 costs about 6 % less per square metre than the median in Stavanger (74 500 kr/m² vs 79 500 kr/m²).

The median income in Lervik 1 is 550 000 kr/year per household (Statistics Norway).

Lervik 1 has roughly 678 residents (Statistics Norway).

6% cheaper than Stavanger Lower incomes than Stavanger ≈700 residents

In Lervik 1 an apartment costs on average 74 500 kr per square metre, about 6% less than in Stavanger.

Around 678 people live here, with a median income of 550 000 kr a year.

Median, apartment

74 500 kr /m²

Typical 72 000–78 000 kr/m²

6 listings · Estimated from asking prices

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LowerHigher

Apartment, median 74 500 kr/m²

6% cheaper than Stavanger

Stavanger Norway

Lervik 1 74 500 kr/m² Stavanger 79 500 kr/m² Norway 89 000 kr/m²

Median income 550 000 kr/yr

31% lower than Stavanger

Stavanger

Lervik 1 550 000 kr/yr Stavanger 792 000 kr

Home ÷ annual income 8.4×

15% higher than Stavanger

Stavanger

Lervik 1 8.4× Stavanger 7.4×

Population: 678

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.

Lervik 1 ranks 4 of 8 in Stavanger by price.

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