diff --git a/homeassistant/components/knx/manifest.json b/homeassistant/components/knx/manifest.json
index 4159a7a56a5..397af9ac181 100644
--- a/homeassistant/components/knx/manifest.json
+++ b/homeassistant/components/knx/manifest.json
@@ -11,8 +11,8 @@
   "loggers": ["xknx", "xknxproject"],
   "quality_scale": "platinum",
   "requirements": [
-    "xknx==2.11.2",
-    "xknxproject==3.4.0",
+    "xknx==2.12.0",
+    "xknxproject==3.5.0",
     "knx-frontend==2024.1.20.105944"
   ]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index 792efebb350..5236ea920a2 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -2856,10 +2856,10 @@ xbox-webapi==2.0.11
 xiaomi-ble==0.25.2
 
 # homeassistant.components.knx
-xknx==2.11.2
+xknx==2.12.0
 
 # homeassistant.components.knx
-xknxproject==3.4.0
+xknxproject==3.5.0
 
 # homeassistant.components.bluesound
 # homeassistant.components.fritz
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 01ff2927c17..3cd242e9530 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -2185,10 +2185,10 @@ xbox-webapi==2.0.11
 xiaomi-ble==0.25.2
 
 # homeassistant.components.knx
-xknx==2.11.2
+xknx==2.12.0
 
 # homeassistant.components.knx
-xknxproject==3.4.0
+xknxproject==3.5.0
 
 # homeassistant.components.bluesound
 # homeassistant.components.fritz