Oman · Middle East · Population: 1,400,000
Muscat is relatively affordable for homebuyers, with steady growth in property values. The city has moderate rental prices. At $280,000 average home price in Oman, buyers should consider the 5.5x price-to-income ratio when planning a purchase.
| Average Home Price | $280,000 |
| Price per sqm | $3,200 |
| Price-to-Income Ratio | 5.5x |
| Mortgage Rate | 5.5% |
| 1-Year Price Change | +2.2% |
| 1-Bedroom Apartment | $900/mo |
| 3-Bedroom Apartment | $1,600/mo |
| Rent-to-Income Ratio | 18% |
| Median Household Income | $51,000/year |
| Years to Buy (at median income) | 5.5 years |
| Local Currency | OMR |
With a price-to-income ratio of 5.5x, Muscat offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 2.2% in the past year.
Cities worldwide with home prices closest to Muscat
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