The Horsham median house price is $380,000, recorded for the April–June 2025 quarter according to DataVic/REIV data. That figure represents a quarter-on-quarter decline of 3.9% and a year-on-year decline of 8.1%, signalling a market that has softened from recent highs but continues to offer genuine value for buyers and investors alike. Read on for a full breakdown of what the numbers mean, what is driving them, and how to make the most of current conditions.

What Is the Horsham Median House Price Right Now?

Based on the most recent DataVic/REIV figures (via Collings Real Estate’s CRM data platform), the Horsham property market recorded the following median sale prices for the April–June 2025 quarter:

• Houses: $380,000 (QoQ -3.9%, YoY -8.1%)
• Units: $373,000 (QoQ +35.5%, YoY +8.4%)
• Land: $202,000 (QoQ -1.5%, YoY -9.4%)

The house median of $380,000 is the headline figure most buyers and sellers anchor to. The quarterly dip of 3.9% follows a broader softening trend across regional Victorian markets through late 2024 and into 2025, driven in part by sustained higher interest rates and reduced borrowing capacity for owner-occupiers.

The standout result is the unit segment, which recorded a remarkable quarterly jump of +35.5% to reach $373,000. While this is partly a function of the thin sales volumes typical of smaller regional markets (where a handful of transactions can shift the median meaningfully), it does point to growing investor and downsizer interest in attached dwellings within Horsham’s established neighbourhoods.

Land values at $202,000 remain accessible by Victorian standards, making Horsham one of the more affordable land markets in the state for those looking to build. The year-on-year decline of 9.4% in land reflects reduced new-build activity as construction costs remain elevated nationally.

For context, buyers researching metropolitan benchmarks can compare these figures against detailed suburb profiles such as the median house price in Northcote or the median house price in Reservoir to understand the significant affordability gap that regional markets like Horsham still offer relative to Melbourne’s inner and middle rings.

What Do the Demographics and Local Numbers Say About Horsham?

Price data alone tells only part of the story. Understanding who lives in Horsham and how the local economy is structured is essential context for anyone buying, selling, or investing in Horsham property.

According to the ABS Census 2021 (via Collings Real Estate’s CRM data platform), Horsham records the following:

• Population: 15,134
• Median age: 40.0 years
• Median household income: $1,294 per week
• Median rent: $245 per week

A median household income of $1,294 per week (approximately $67,288 per year) sits below the national median, which is consistent with the regional wage structure typical of agriculture-dependent economies in the Wimmera. However, when paired with a median house price of $380,000, the price-to-income ratio for Horsham remains far more manageable than in Melbourne, where median prices routinely sit at eight to ten times median household incomes.

The median rent of $245 per week is another figure worth examining closely. At that rent level, and with a median house price of $380,000, a straightforward gross rental yield calculation suggests yields in the range of 3.3% to 3.5% on a typical house. Unit yields, given the lower entry price point relative to rent, may push higher. Investors considering regional markets should weigh these yields against vacancy rates and tenant demand, which in Horsham are supported by the town’s role as the key service hub for the Wimmera region.

How Does Horsham Compare to Other Victorian Markets?

Horsham’s median house price of $380,000 sits well below Melbourne’s metropolitan median, which CoreLogic data places above $900,000 for houses as of mid-2025. Regional Victoria overall has a median closer to $550,000–$600,000 depending on the segment and geography, meaning Horsham offers a genuine discount to the regional Victorian average as well. For buyers priced out of inner-suburban Melbourne markets, profiles like the median house price in Brunswick illustrate exactly how far the pricing gap extends.

What Are the Key Considerations for Buying, Selling, or Investing in Horsham?

Whether you are buying in Horsham, selling in Horsham, or evaluating a rental investment, the current data creates a distinct set of opportunities and risks worth examining carefully.

For Buyers

The year-on-year price decline of 8.1% on houses means buyers have more negotiating leverage than they did twelve months ago. Stock that was previously overpriced relative to local incomes has repriced, and motivated vendors in a quieter market are more receptive to offers. First-home buyers in particular benefit from Horsham’s land median of $202,000, which makes a house-and-land package in the $450,000–$500,000 range feasible with a standard deposit, particularly under First Home Guarantee schemes that reduce the required deposit to 5%.

For Sellers

Selling in Horsham in the current climate requires realistic pricing and strong presentation. The quarterly and annual declines signal that overpricing will result in extended days on market and eventual reductions that undermine buyer confidence. Properties priced accurately at or slightly below recent comparable sales are transacting, while those anchored to 2023-era peaks are stalling. Working with an agent who has live comparable sales data is essential.

For Investors

Investing in Horsham requires a long-term view. The town’s economic base in agriculture, health, and education provides a stable (if not rapidly growing) rental demand pool. Vacancy rates in Horsham have historically been low by regional Victorian standards, which supports rent stability. The unit segment’s strong quarterly result (+35.5%) may reflect a tightening in the attached-dwelling supply, which could sustain upward rental pressure in that category. Investors should also note that the ABS Census 2021 recorded a median rent of just $245 per week, and anecdotal evidence from local property managers suggests rents have moved higher since 2021 as regional housing supply has tightened nationally.

How Does Collings Real Estate Help with Horsham Property?

Collings Real Estate brings a data-driven approach to every transaction, whether you are navigating a regional market like Horsham or benchmarking a metropolitan purchase in suburbs like Thornbury. Our team uses live sales data, comparable transaction records, and local market intelligence to give vendors and buyers an accurate, honest picture of where the market sits and where it is heading.

For sellers in Horsham, we provide a free, no-obligation property appraisal grounded in the most recent comparable sales. In a declining market, an accurate appraisal is the single most important factor in achieving a strong result. Overpriced listings simply do not sell, and every additional week on market erodes perceived value.

For buyers and investors, our off-market property portal gives registered members early access to listings before they hit the public market. In a town the size of Horsham, where total annual sales volumes are relatively low, off-market access can be the difference between securing a well-located property and missing out entirely.

You can register for our off-market portal and receive updates on Horsham and wider Victorian listings at collings.com.au/portal.

Request a Free Property Appraisal

If you own property in Horsham and want to understand what it is worth in the current market, our team is ready to help. A free property appraisal from Collings Real Estate will give you a clear, data-backed price guide based on the latest comparable sales, not guesswork. Request your free appraisal today and take the first step toward a confident property decision.

Frequently Asked Questions About Horsham House Prices

What is the median house price in Horsham in 2025?

The median house price in Horsham is $380,000 for the April–June 2025 quarter, according to DataVic/REIV data. This represents a quarterly decline of 3.9% and a year-on-year decline of 8.1% from the same quarter in 2024.

What is the median unit price in Horsham?

The median unit price in Horsham is $373,000 for the April–June 2025 quarter, representing a significant quarterly increase of +35.5% and a year-on-year increase of +8.4%, according to DataVic/REIV data.

What is the median land price in Horsham?

The median land price in Horsham is $202,000 for the April–June 2025 quarter, down 1.5% quarter-on-quarter and 9.4% year-on-year, according to DataVic/REIV data.

What is the median household income in Horsham?

According to the ABS Census 2021, the median household income in Horsham is $1,294 per week (approximately $67,288 per year), with a median weekly rent of $245.

Is Horsham a good place to invest in property?

Horsham offers accessible entry prices, with houses at $380,000 and land at $202,000 as of mid-2025. The town’s role as the Wimmera region’s key service hub supports stable rental demand. Investors should assess current vacancy rates and rental yields in conjunction with a qualified local agent before committing.

Horsham’s median house price of $380,000 reflects a market in a corrective phase after several years of post-pandemic regional price growth. For buyers, that correction creates opportunity. For sellers, it demands precision. And for investors, it reinforces the importance of selecting the right property type, at the right price, with a clear-eyed view of the rental income potential. Collings Real Estate is here to guide you through every step. Request a free property appraisal today to find out exactly what your Horsham property is worth in this market.