ScreenImmos Residential Market Report · Germany

Apartment prices in Germany 2026

An apartment in Germany costs a median of 3,893 €/m² — median total price 289,000 € for 76 m² of living area. The 3-year history contains 1,513,833 listings across 47+ portals.

Felix Schlendorfer · ScreenImmos Market AnalysisAs of 54 cities analysed
National median €/m²3,893 €/m²+7.2% YoY
12-month trend▲ +7.2%rolling 6 mo.
Median total price289,000 €76 m² median
Cities analysed54by €/m²
Active listings250,42747+ portals
Trend · national median

ScreenImmos Listing-Price Index — Germany

Live index of asking prices per m² by property class, rebased to 100 at the window start. Switch class, period and display.

The national median is 3,893 €/m², +7.2% year over year. The chart shows the rolling six-month average.

3,483 €/m²3,638 €/m²3,794 €/m²2023-112025-052026-10Berechneter Median €/m²
View index classes as a table
DimensionClassMedian €/m²12-mo.
Rooms1 room3,862 €/m²+10.7 %
Rooms2 rooms3,795 €/m²+5.5 %
Rooms3 rooms3,635 €/m²+4.8 %
Rooms4 rooms3,646 €/m²+3.8 %
Rooms5+ rooms3,368 €/m²+0 %
Floor areaup to 50 m²3,886 €/m²+5.5 %
Floor area50–80 m²3,534 €/m²+6.3 %
Floor area80–120 m²3,715 €/m²+4.4 %
Floor areaover 120 m²3,989 €/m²+4.1 %
Energy classEfficient (A–B)4,539 €/m²+5 %
Energy classMid (C–D)3,499 €/m²+3.5 %
Energy classInefficient (E–H)3,412 €/m²+4.4 %
Apartment typeStandard3,712 €/m²+7.4 %
Apartment typeGround floor3,801 €/m²+4.7 %
Apartment typeTop floor3,477 €/m²+6.4 %
Apartment typeMaisonette3,630 €/m²+2 %
Apartment typePenthouse5,294 €/m²+5.8 %
Apartment typeLoft4,454 €/m²−0.3 %
UseOwner-occupied3,875 €/m²+3.7 %
UseTenanted3,203 €/m²+2.7 %
View whole-market monthly values
MonthCalculated €/m²Monthly value €/m²Listings
November 20233,522 €/m²3,500 €/m²35,320
December 20233,493 €/m²3,405 €/m²27,473
January 20243,491 €/m²3,486 €/m²36,644
February 20243,490 €/m²3,480 €/m²32,106
March 20243,494 €/m²3,521 €/m²24,410
April 20243,486 €/m²3,524 €/m²23,293
May 20243,507 €/m²3,627 €/m²27,080
June 20243,536 €/m²3,577 €/m²29,555
July 20243,542 €/m²3,524 €/m²29,759
August 20243,546 €/m²3,500 €/m²26,356
September 20243,544 €/m²3,513 €/m²25,757
October 20243,558 €/m²3,609 €/m²26,891
November 20243,542 €/m²3,526 €/m²29,490
December 20243,509 €/m²3,384 €/m²26,614
January 20253,497 €/m²3,452 €/m²30,244
February 20253,495 €/m²3,486 €/m²32,743
March 20253,493 €/m²3,500 €/m²36,956
April 20253,484 €/m²3,557 €/m²32,980
May 20253,483 €/m²3,519 €/m²34,950
June 20253,497 €/m²3,466 €/m²29,542
July 20253,503 €/m²3,491 €/m²31,302
August 20253,502 €/m²3,478 €/m²28,532
September 20253,514 €/m²3,571 €/m²40,538
October 20253,512 €/m²3,548 €/m²39,269
November 20253,524 €/m²3,588 €/m²33,129
December 20253,544 €/m²3,585 €/m²33,899
January 20263,545 €/m²3,500 €/m²40,727
February 20263,570 €/m²3,626 €/m²26,859
March 20263,629 €/m²3,925 €/m²48,848
April 20263,689 €/m²3,911 €/m²38,916
May 20263,730 €/m²3,830 €/m²43,306
June 20263,752 €/m²3,723 €/m²69,734
July 20263,787 €/m²3,706 €/m²91,580
August 20263,794 €/m²3,667 €/m²93,839
September 20263,750 €/m²3,661 €/m²147,383
October 20263,704 €/m²3,634 €/m²43,383

Calculated median per m² over time. Asking prices, not notarised sale prices. Historical sample: 1,513,833 listings across the full timeline.

Where is the premium in Germany?

Median asking prices per m² by property class — energy efficiency, apartment type, size and use, side by side.

The energy premium

Efficient flats (A–B) cost +46 % more per m² than inefficient ones (E–H).

Efficient (A–B)4,823+24 %44 %
Mid (C–D)3,412−12 %34 %
Inefficient (E–H)3,293−15 %21 %

Median €/m² of active listings · Δ vs national median · share

Premium by apartment type

Penthouse leads at 5,456 €/m² — +54 % above Top floor.

Standard3,902+0 %67 %
Ground floor4,000+3 %14 %
Top floor3,551−9 %9 %
Maisonette3,650−6 %5 %
Penthouse5,456+40 %3 %
Loft4,650+19 %1 %

Median €/m² of active listings · Δ vs national median · share

Price by unit size

Small units fetch +24 % more per m² than the cheapest class.

1 room4,277+10 %9 %
2 rooms3,975+2 %30 %
3 rooms3,821−2 %38 %
4 rooms3,868−1 %17 %
5+ rooms3,437−12 %5 %

Median €/m² of active listings · Δ vs national median · share

Price by floor area

Between the smallest and largest size class there is +14 % per m².

up to 50 m²4,262+9 %14 %
50–80 m²3,732−4 %41 %
80–120 m²3,913+1 %34 %
over 120 m²4,161+7 %11 %

Median €/m² of active listings · Δ vs national median · share

Tenanted vs. vacant

Tenanted listings sit −22 % relative to owner-occupied ones.

Owner-occupied4,200+8 %72 %
Tenanted3,273−16 %28 %

Median €/m² of active listings · Δ vs national median · share

Which German cities are the most expensive for apartments?

Median price per m², 12-month trend and distance to the national median — sortable.

#CityState Median €/m² 12-mo. vs DE Avg price Listings
1MunichBayern8,970 €/m²▲ +2.7%+130%599,000 €6,943
2HamburgHamburg6,629 €/m²▲ +5.3%+70%466,000 €4,738
3FrankfurtHessen6,622 €/m²▲ +11.3%+70%495,000 €2,587
4Freiburg im BreisgauBaden-Württemberg5,891 €/m²▲ +7.4%+51%428,000 €874
5PotsdamBrandenburg5,840 €/m²▼ -10%+50%473,000 €861
6CharlottenburgBerlin5,727 €/m²–+47%415,000 €608
7BerlinBerlin5,595 €/m²▲ +0%+44%379,000 €19,103
8RegensburgBayern5,537 €/m²▲ +8.1%+42%320,000 €879
9SchneverdingenNiedersachsen5,406 €/m²–+39%590,000 €829
10FriedrichshafenBaden-Württemberg5,159 €/m²▲ +11.3%+33%399,000 €547
11CologneNordrhein-Westfalen5,128 €/m²▲ +9.3%+32%349,000 €2,560
12WietzendorfNiedersachsen5,000 €/m²–+28%484,000 €619
13MünsterNordrhein-Westfalen4,939 €/m²▲ +3.1%+27%350,000 €630
14DüsseldorfNordrhein-Westfalen4,888 €/m²▲ +6.9%+26%375,000 €2,248
15StuttgartBaden-Württemberg4,720 €/m²▲ +0.4%+21%359,000 €1,976
16IngolstadtBayern4,696 €/m²▲ +3.1%+21%299,000 €970
17LübeckSchleswig-Holstein4,630 €/m²▲ +18.4%+19%289,000 €643
18MainzRheinland-Pfalz4,500 €/m²▲ +9.4%+16%295,000 €796
19AugsburgBayern4,464 €/m²▲ +2.7%+15%310,000 €1,716
20SindelfingenBaden-Württemberg4,464 €/m²▼ -8.4%+15%395,000 €644
21WiesbadenHessen4,438 €/m²▲ +8.5%+14%374,000 €1,208
22DarmstadtHessen4,308 €/m²▲ +3.8%+11%328,000 €542
23NurembergBayern4,138 €/m²▲ +6.9%+6%297,000 €1,959
24LudwigsburgBaden-Württemberg4,063 €/m²▼ -0.5%+4%299,000 €590
25KarlsruheBaden-Württemberg4,022 €/m²▼ -0.1%+3%315,000 €996
26TrierRheinland-Pfalz3,982 €/m²▲ +6.8%+2%287,000 €789
27BonnNordrhein-Westfalen3,975 €/m²▲ +2.7%+2%275,000 €780
28FürthBayern3,838 €/m²▲ +5.1%-1%300,000 €758
29MannheimBaden-Württemberg3,740 €/m²▲ +1.8%-4%270,000 €1,153
30Baden-BadenBaden-Württemberg3,627 €/m²▼ -3.7%-7%325,000 €589
31HeilbronnBaden-Württemberg3,575 €/m²▲ +1.2%-8%275,000 €732
32AachenNordrhein-Westfalen3,568 €/m²▼ -3.1%-8%250,000 €617
33OldenburgNiedersachsen3,544 €/m²▼ -0.7%-9%249,000 €648
34HanoverNiedersachsen3,333 €/m²▼ -1.4%-14%249,000 €1,249
35KielSchleswig-Holstein3,302 €/m²▲ +11.8%-15%200,000 €557
36DresdenSachsen3,201 €/m²▲ +3.7%-18%239,000 €2,037
37LeipzigSachsen3,115 €/m²▼ -2.3%-20%219,000 €3,748
38KasselHessen2,977 €/m²▲ +5.8%-24%249,000 €569
39BremenBremen2,925 €/m²▲ +2%-25%199,000 €1,354
40PforzheimBaden-Württemberg2,866 €/m²▼ -2.4%-26%210,000 €613
41BraunschweigNiedersachsen2,855 €/m²▲ +5.4%-27%203,000 €850
42BielefeldNordrhein-Westfalen2,780 €/m²▲ +3.7%-29%217,000 €506
43Ludwigshafen am RheinRheinland-Pfalz2,675 €/m²▼ -1.7%-31%195,000 €556
44DortmundNordrhein-Westfalen2,524 €/m²▼ -0.2%-35%198,000 €844
45EssenNordrhein-Westfalen2,493 €/m²▼ -4.1%-36%180,000 €1,145
46SaarbrückenSaarland2,410 €/m²▼ -0.4%-38%175,000 €524
47KrefeldNordrhein-Westfalen2,292 €/m²▼ -10.8%-41%159,000 €543
48WuppertalNordrhein-Westfalen2,282 €/m²▼ -3%-41%175,000 €673
49MönchengladbachNordrhein-Westfalen2,240 €/m²▼ -1.2%-42%179,000 €543
50WolfsburgNiedersachsen2,213 €/m²▼ -2.7%-43%155,000 €558
51MagdeburgSachsen-Anhalt1,971 €/m²▼ -4.3%-49%139,000 €940
52DuisburgNordrhein-Westfalen1,776 €/m²▼ -1.6%-54%129,000 €737
53GelsenkirchenNordrhein-Westfalen1,508 €/m²▼ -12.2%-61%115,000 €651
54ChemnitzSachsen1,140 €/m²▼ -2.5%-71%69,000 €1,349

Source: Felix Schlendorfer · ScreenImmos Market Analysis · offer prices, not notarized sale prices · 54 cities · as of October 2026 · Methodology

Most expensive cities

Cheapest cities

  • 54Chemnitz1,140 €/m²
  • 53Gelsenkirchen1,508 €/m²
  • 52Duisburg1,776 €/m²

The 5 most expensive German cities in 2026

  1. Munich — 8,970 €/m²
  2. Hamburg — 6,629 €/m²
  3. Frankfurt — 6,622 €/m²
  4. Freiburg im Breisgau — 5,891 €/m²
  5. Potsdam — 5,840 €/m²

The 5 cheapest German cities in 2026

  1. Chemnitz — 1,140 €/m²
  2. Gelsenkirchen — 1,508 €/m²
  3. Duisburg — 1,776 €/m²
  4. Magdeburg — 1,971 €/m²
  5. Wolfsburg — 2,213 €/m²

Frequently asked questions about apartment prices in Germany

How much does an apartment cost in Germany?

The national median asking price for condominiums is 3,893 €/m² (median total price 289,000 €). The 3-year history contains 1,513,833 listings across more than 47 portals (offer prices, not notarized sale prices).

Which German city is the most expensive to buy an apartment?

Among the analysed cities, Munich is the most expensive at 8,970 €/m² per square metre, ahead of Hamburg (6,629 €/m²) and Frankfurt (6,622 €/m²).

Which German city is the cheapest to buy an apartment?

The cheapest analysed city is Chemnitz at 1,140 €/m² per square metre, ahead of Gelsenkirchen (1,508 €/m²) and Duisburg (1,776 €/m²).

How have apartment prices in Germany developed?

Year over year the national median price per square metre is +7.2% (rolling six-month average of offer medians).

What are the 5 most expensive German cities for apartments in 2026?

By median price per square metre: Munich (8,970 €/m²), Hamburg (6,629 €/m²), Frankfurt (6,622 €/m²), Freiburg im Breisgau (5,891 €/m²), Potsdam (5,840 €/m²).

What are the 5 cheapest German cities for apartments in 2026?

By median price per square metre: Chemnitz (1,140 €/m²), Gelsenkirchen (1,508 €/m²), Duisburg (1,776 €/m²), Magdeburg (1,971 €/m²), Wolfsburg (2,213 €/m²).

How current is the data?

The data is updated regularly; the current analysis is as of October 2026. These are asking prices from live listings, not notarized sale prices.

How this overview is made

All figures are asking prices from the public listings of more than 47 German property portals (incl. ImmoScout24, Immowelt, Immonet, Kleinanzeigen), deduplicated at the property level — a statistical analysis, not notarized sale prices. Only condominiums are included. Full methodology →

Compiled by Felix Schlendorfer · ScreenImmos Market Analysis · SiebenHolding GmbH · as of

How to cite: “Felix Schlendorfer · ScreenImmos Market Analysis, screenimmos.de/en/property-prices/, as of October 2026.”

About the author: Felix Schlendorfer, founder and real-estate market analyst — responsible for the content under § 18 (2) MStV.

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