South Africa Residential Real Estate Market Size & Outlook, 2025-2033
South Africa Residential Real Estate Market Insights
- As per Deep Market Insights insights, the South Africa Residential Real Estate Market stood at USD 89.11 Billion in 2024 and is anticipated to grow to USD 133.4 Billion by 2033.
- The South Africa market is expected to advance at a CAGR of 4.66% from 2025 through 2033.
- In 2024, Apartments accounted for the highest share of the Type market size.
- During the forecast period, Condos is set to register the highest growth, making it the most lucrative Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- As of 2024, South Africa held 0.82% of the global Residential Real Estate Market size.
- By 2033, United States is anticipated to capture the largest share of the global Residential Real Estate Market.
- In Middle East and Africa, United Arab Emirates is expected to lead the regional Residential Real Estate Market size by 2033.
- United Arab Emirates will remain the fastest-growing market in Middle East and Africa, reaching USD 601.14 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 89.11 Billion |
| Market Size In 2033 | USD 133.4 Billion |
| Largest segment | Apartments |
| Units | Revenue in USD Billion |
| CAGR | 4.66% (2025-2033) |
| Segmnetation Covered | |
| Type |
|
| Transaction |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa Residential Real Estate Market Type 2025-2033 (USD Billion)
| Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apartments | XX.x | XX.x | XX.x | 40.17 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Villas | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Condos | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
South Africa Residential Real Estate Market Transaction 2025-2033 (USD Billion)
| Transaction | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale | XX.x | XX.x | XX.x | 49.14 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Rental | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.