Is now a good time to buy a property in Odisha?
Official NHB RESIDEX data puts the average carpet-area price in Odisha at ₹9,272/sq ft for the quarter ending Jun 2026, up 4.1% from a year earlier. Over five years prices have compounded at +15.2% a year. Annual growth is running 7.4 points below the city's long-run pace of n/a.
Odisha price trend & forecast
Cities in Odisha ranked by buy-timing score
| City | Avg ₹/sq ft | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Bhubaneswar · Tier 2 | ₹9,272/sq ft | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Nowrangapur · Tier 2 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Cuttack · Tier 2 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Brahmapur · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Rourkela · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Raurkela Industrial Township · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Puri · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Sambalpur · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Balasore · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Bhadrak · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
| Baripada · Tier 3 | state trend | +4.1% | +15.2% | +7.6% | BUY | 76/100 |
Frequently asked questions
Is now a good time to buy a property in Odisha?
As of Jun 2026, our buy-timing signal for Odisha is BUY — prices are projected to rise about +7.6% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Buy-timing score: 76/100.
What is the average home price in Odisha?
The typical (mid-tier) home value in Odisha is ₹9,272/sq ft as of Jun 2026, +4.1% year over year.
Which areas in Odisha have the best buy-timing right now?
Highest buy-timing scores: Bhubaneswar (76/100, BUY). Fastest-rising prices: Bhubaneswar (+4.1%).
Other regions
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.