As Cardiff continues to evolve, so does its property landscape. New developments are springing up, demand remains strong, and the city’s unique balance of coast, culture and connectivity keeps it on the radar for buyers and sellers alike. But with interest rates fluctuating, affordability being tested, and regeneration schemes reshaping neighbourhoods, it’s fair to ask: what’s next for Cardiff’s housing market?
Let’s explore where we are now, what’s being built, and what it means if you’re planning to buy or sell.
Cardiff property market at a glance
According to the latest figures from the Rightmove House Price Index, the average asking price in Cardiff is currently just over £285,000. That’s a modest rise of 2.1% year-on-year, showing that while prices aren’t skyrocketing, they are holding steady. Zoopla’s Price Index supports this picture, with a 12-month growth of 1.9% in Cardiff and a notable increase in buyer demand at the start of 2025.
The average time to secure a buyer in Cardiff now stands at 43 days, down from 52 this time last year – a clear sign of a resilient market. Family homes with outdoor space are still top of wish lists, but we’re also seeing strong demand for well-located apartments and energy-efficient new builds.
Key housing developments reshaping Cardiff
As Cardiff grows, development is shifting the shape and feel of the city. Several schemes are either underway or in planning, and each offers something different for buyers.
Cardiff Bay transformation
Cardiff Bay is a standout example of waterside regeneration done well. With a mix of apartments, townhouses and commercial developments, it remains one of the most in-demand locations in the city. Recent additions like Bayscape and plans for The Wharf are drawing attention from young professionals, downsizers and investors alike.
This area is benefiting from improved transport links and a strong sense of lifestyle. Think bars, restaurants, and the Wales Millennium Centre just a stroll away. For those looking to let out a property or live near the action, it’s a smart spot.
PlasdŲr – Cardiff’s garden city
One of the largest residential projects in Wales, PlasdŲr is creating a new community in the north-west of Cardiff. With plans for over 7,000 homes, schools, shops, parks and infrastructure, this development is already proving popular with families and upsizers.
Homes here are modern, energy-efficient and designed with green living in mind. With good access to the A48 and M4, plus future-proofed amenities, PlasdŲr is ideal for those seeking a suburban feel without sacrificing connectivity.
Dumballs Road corridor
Sitting between the city centre and Cardiff Bay, Dumballs Road is undergoing a major overhaul. This is where high-rise, high-density urban living is taking shape. Schemes here appeal to buyers looking for convenience, modern amenities and the buzz of city life.
With multiple developments now completed or nearing completion, it’s an area gaining traction with first-time buyers and professionals who want a short walk to both Central Station and the Bay.
Northern Arc developments (Lisvane and Pontprennau)
To the north of the city, Lisvane and Pontprennau are seeing growth as part of Cardiff’s Northern Arc. These areas offer a quieter lifestyle with access to green space, larger homes, and sought-after schools.
For families, it’s an attractive proposition. And for those planning long-term moves, the combination of larger plots and future infrastructure upgrades make these developments worth watching.
What buyers should consider before committing
Buying a home in a new development can be exciting – but it also comes with questions. Here are a few things to keep in mind:
- Buying off-plan vs move-in ready: Off-plan homes let you customise finishes and secure a spot early, but they come with a wait. Move-in ready homes offer speed and certainty.
- Energy efficiency: Many new builds boast impressive EPC ratings (A or B), helping reduce long-term running costs.
- Government schemes: Help to Buy Wales may still be applicable for some developments, and shared ownership could offer a path onto the ladder.
Is now a good time to sell in Cardiff?
Absolutely – particularly if your home is in or near one of these developing neighbourhoods. Sellers near PlasdŲr, Dumballs Road or the Bay are finding that interest is strong, especially among out-of-town buyers relocating to Cardiff for work or lifestyle reasons.
We’re also seeing quicker sale times for properties with outdoor space, modern kitchens and flexible layouts that suit remote working. In short: if your property ticks these boxes, now could be the perfect time to act.
Get a free expert valuation and discover what your home could be worth:
Market outlook: What’s next for Cardiff?
Looking ahead, several factors suggest Cardiff’s property market will remain stable and attractive:
- South Wales Metro: As this project advances, areas with new or upgraded transport links will become more desirable. That could mean rising prices in parts of the Valleys and suburbs.
- Completion of major developments: As PlasdŲr, Dumballs Road and others reach completion, the increased stock may help moderate price inflation while offering greater choice.
- Continued urban regeneration: Cardiff Council’s plans to enhance liveability, including more green space and pedestrian-friendly streets, support the city’s long-term appeal.
We expect demand to stay high, especially among professionals, families and relocators looking for lifestyle balance.
Final thoughts from Henry Mitchell
At Martin & Co Cardiff, we’ve had a front-row seat to the city’s evolution. As new housing developments reshape Cardiff, they also create new opportunities for buyers and sellers.
Whether you’re looking for your first home, trading up to something larger, or thinking about selling, it pays to work with an agent who knows every postcode inside out.
We’re here to guide you through your next move – with honest advice, local expertise, and a genuine commitment to helping you find your perfect place.
Thinking of buying in one of Cardiff’s new developments? Explore current properties with Martin & Co Cardiff.
Need to know what your home is worth? Book a free no-obligation valuation.
