Median house price, national priced in Bitcoin: 2015 to 2025
Priced in fiat
Priced in sats
Median house price, national (per property) cost NZ$465,000 in 2015 and NZ$780,000 in 2025, a change of +68% in New Zealand dollars across 10 years. The figures are annual averages from REINZ national median house price. The fiat peak in this series came in 2021 at NZ$850,000.
Priced in sats, the same item went from 118,320,610,687 sats to 444,378,611 sats, a change of −99.6%. The conversion uses the yearly average BTC price for each matching year, never a rate from a different era. The least flattering single step for the sats series was 2021 to 2022, when this item moved +46% in sats terms. Short windows can and do run against the holder; the direction across the full series is what the chart shows.
The 2020 to 2021 melt-up added almost 50 percent in eighteen months, the sharpest housing repricing in the developed world. In sats, even that spike reads as a decline.
Housing is where the melting unit hurts the most, because the sums are the largest and the borrowing longest. The main page shows how the whole cost of living behaves when the measuring stick is fixed.
| Year | NZ dollars | Sats |
|---|---|---|
| 2015 | NZ$465,000 | 118,320,610,687 |
| 2016 | NZ$505,000 | 60,334,528,076 |
| 2017 | NZ$540,000 | 9,064,965,587 |
| 2018 | NZ$560,000 | 5,297,010,972 |
| 2019 | NZ$585,000 | 5,183,413,078 |
| 2020 | NZ$675,000 | 3,714,505,833 |
| 2021 | NZ$850,000 | 1,263,733,813 |
| 2022 | NZ$810,000 | 1,847,796,332 |
| 2023 | NZ$778,000 | 1,620,225,749 |
| 2024 | NZ$772,000 | 700,544,465 |
| 2025 | NZ$780,000 | 444,378,611 |
Source: REINZ national median house price. Series pending external verification. Sats = fiat price ÷ BTC price in that currency × 100,000,000, using yearly average BTC rates. Data vintage 2026-07-04. Full method on the main page.