Buying a home in Norrmalm
76% pricier than Stockholm Higher incomes than Stockholm ≈16 000 residents
In Norrmalm an apartment costs on average 123 500 kr per square metre, about 76% more than in Stockholm.
Around 15 961 people live here, with a median income of 388 000 kr a year. In the 2022 general election Moderates was the largest party with 27% of the vote, and Liberals got a notably higher share than in Stockholm.
Median, apartment
123 500 kr /m²
Typical 94 000–127 000 kr/m²
16 listings · Price level from sold in the municipality · 2026-06
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Norrmalm in numbers
Apartment, median 123 500 kr/m²
76% pricier than Stockholm
Stockholm Sweden
Norrmalm 123 500 kr/m² Stockholm 70 500 kr/m² Sweden 43 500 kr/m²
Median income 388 000 kr/yr
12% higher than Stockholm
Stockholm
Norrmalm 388 000 kr/yr Stockholm 347 000 kr
Home ÷ annual income 14.0×
60% higher than Stockholm
Stockholm
Norrmalm 14.0× Stockholm 8.8×
Population: 15 961
Most residents live in co-op apartments (59%)
Share of residents by tenure
Co-op (BR)59 % of residents
Rental37 % of residents
Owned house0 % of residents
Co-op (BR)59 %Rental37 %Owned house0 %
61% more votes for Liberals than in Stockholm
General election 2022
30150
Left Party6 % of votes
Social Democrats22 % of votes
Green Party8 % of votes
Centre Party11 % of votes
Liberals10 % of votes
Christian Democrats5 % of votes
Moderates27 % of votes
Sweden Democrats11 % of votes
VSMPCLKDMSD
Source: Statistics Sweden & the Swedish Election Authority
How Heimer weighs up the location
These are the numbers for the area. For a specific home, Heimer also works out the monthly cost and flags risks like flooding.
Neighbourhoods in Norrmalm
Price by size
| Size | Median kr/m² | Range |
|---|---|---|
| 1 room | 130 000 kr | 109 000–140 000 |
| 3 rooms | 136 500 kr | 134 000–142 000 |
Norrmalm compared with other districts
- 1 Vasastan 127 500 kr
- 2 Östermalm 124 500 kr
- 3 Norrmalm 123 500 kr
- 4 Södermalm 110 000 kr
- 5 Kungsholmen 105 500 kr
- 6 Hägersten-Liljeholmen 77 000 kr
- 7 Skarpnäck 68 000 kr
- 8 Bromma 64 000 kr
- 9 Enskede-Årsta 61 000 kr
- 10 Skärholmen 47 500 kr
- 11 Farsta 46 000 kr
- 12 Hässelby-Vällingby 37 000 kr
Norrmalm ranks 3 of 12 in Stockholm by price.
Explore further
All areas in SwedenRead on
Bidding on a Swedish home 2026: how it works, underpricing and hidden bidsHow bidding works in Sweden 2026: no bid is binding, underpricing requires a price well below market value, and hidden bids explained. With worked examples.Viewing checklist: what to look for room by roomGo to the viewing with a plan. What to check before, during and after, room by room, and the red flags for moisture and expensive defects. A practical checklist for buyers.BRF finances: how to read the annual report before you buySeven mandatory key figures since 2023, rule-of-thumb levels for debt and savings per sqm, and what interest sensitivity means. How to judge a BRF.CalculateWhat does the bid cost?See what each step over the asking price does to the monthly cost.
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