# Pwllheli Property Market Summary
Pwllheli, a coastal town on the Llŷn Peninsula in Gwynedd, demonstrates a dynamic property market with considerable fluctuation in average prices over recent years. With 5,019 properties and an overall average price of £190,527, the market has experienced notable volatility, particularly the dramatic spike to £703,344 in 2022 before moderating to £349,731 in 2023 and £324,216 in 2024. This coastal location has seen sustained transaction volumes, with sales ranging between 212 and 372 properties annually from 2017 to 2024, indicating consistent buyer interest despite price variations.
The market's trajectory shows recovery and growth following 2018's dip to £210,372, with prices climbing steadily through the pandemic years, peaking during 2022. This pattern reflects both Pwllheli's appeal as a seaside destination and broader trends affecting Welsh coastal property markets, including increased demand for lifestyle locations. As a traditional harbour town with marina facilities and gateway to the scenic Llŷn Peninsula, Pwllheli attracts a mix of local buyers, second-home purchasers, and those seeking properties in an Area of Outstanding Natural Beauty with strong community amenities and Welsh cultural heritage.
The average house price in Pwllheli, Gwynedd is £190,527. Prices range from £1,000 to £34,710,443.
There are 5,019 properties in Pwllheli with 5,788 recorded transactions since 1995.
The median house price in Pwllheli is £138,750, compared to an average of £190,527.
Pwllheli has 2,386 detached properties, 1,253 terraced properties, 848 semi-detached properties, 344 other properties.
Average house prices in Pwllheli have risen by 82.5% from £54,788 in 1995 to £100,000 in 2026.
The most popular streets in Pwllheli by number of properties include Cae Du Estate, High Street, Abererch Road, Ala Road, Lon Ceredigion.
Pwllheli is located in Gwynedd, in the Gwynedd district.