House Prices in Tenby, Pembrokeshire

# Tenby Property Market Summary

Tenby, the picturesque coastal town in Pembrokeshire, has demonstrated remarkable property market resilience with a consistent upward trajectory over recent years. The current average property price stands at £198,584 across 3,398 properties, though yearly transaction data reveals actual selling prices have climbed significantly higher. From £244,189 in 2016, average prices have surged to £384,655 in 2024 – representing a substantial 57% increase over eight years. The market peaked most recently in 2024, though early 2025 figures (£345,128 from 92 sales) suggest some cooling, likely reflecting seasonal patterns rather than a fundamental shift.

The town's property market experienced particularly strong growth during the pandemic years, with prices jumping from £248,599 in 2019 to £329,917 by 2021. This reflects Tenby's enduring appeal as both a tourist destination and increasingly popular location for lifestyle buyers seeking coastal properties. Transaction volumes have fluctuated considerably, with the highest activity in 2017 (328 sales) and more modest levels in recent years, suggesting a maturing market where stock turnover has stabilised. Tenby's combination of historic charm, sandy beaches, and harbour-side character continues to underpin strong demand, particularly from buyers prioritising quality of life and investment opportunities in Wales's tourism sector.