ScreenImmos Residential Market Report · Germany

Apartment prices in Germany 2026

An apartment in Germany costs a median of 3,924 €/m² — median total price 289,000 € for 76 m² of living area. The 3-year history contains 1,371,418 listings across 47+ portals.

Felix Schlendorfer · ScreenImmos Market AnalysisAs of 70 cities analysed
National median €/m²3,924 €/m²+5.7% YoY
12-month trend▲ +5.7%rolling 6 mo.
Median total price289,000 €76 m² median
Cities analysed70by €/m²
Active listings304,22947+ 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 3,924 €/m², +5.7% year over year. The chart shows the rolling six-month average.

3,479 €/m²3,636 €/m²3,794 €/m²2023-092025-032026-08Berechneter Median €/m²
View index classes as a table
DimensionClassMedian €/m²12-mo.
Rooms1 room4,053 €/m²+16.7 %
Rooms2 rooms3,872 €/m²+7.5 %
Rooms3 rooms3,713 €/m²+7.5 %
Rooms4 rooms3,788 €/m²+7.5 %
Rooms5+ rooms3,468 €/m²+3.7 %
Floor areaup to 50 m²4,063 €/m²+11.1 %
Floor area50–80 m²3,633 €/m²+9.9 %
Floor area80–120 m²3,785 €/m²+6.3 %
Floor areaover 120 m²4,140 €/m²+8.2 %
Energy classEfficient (A–B)4,562 €/m²+6 %
Energy classMid (C–D)3,532 €/m²+5.5 %
Energy classInefficient (E–H)3,436 €/m²+5.2 %
Apartment typeStandard3,782 €/m²+10.1 %
Apartment typeGround floor3,834 €/m²+7.6 %
Apartment typeTop floor3,536 €/m²+8.4 %
Apartment typeMaisonette3,655 €/m²+2.8 %
Apartment typePenthouse5,397 €/m²+8 %
Apartment typeLoft4,479 €/m²−1.2 %
UseOwner-occupied4,007 €/m²+7.3 %
UseTenanted3,228 €/m²+3.6 %
View whole-market monthly values
MonthCalculated €/m²Monthly value €/m²Listings
September 20233,479 €/m²3,558 €/m²37,832
October 20233,502 €/m²3,571 €/m²48,184
November 20233,501 €/m²3,500 €/m²35,311
December 20233,485 €/m²3,405 €/m²27,481
January 20243,496 €/m²3,486 €/m²36,643
February 20243,500 €/m²3,480 €/m²32,113
March 20243,494 €/m²3,521 €/m²24,417
April 20243,486 €/m²3,524 €/m²23,293
May 20243,506 €/m²3,621 €/m²27,027
June 20243,534 €/m²3,574 €/m²29,530
July 20243,541 €/m²3,524 €/m²29,760
August 20243,544 €/m²3,500 €/m²26,352
September 20243,543 €/m²3,513 €/m²25,767
October 20243,557 €/m²3,610 €/m²26,904
November 20243,541 €/m²3,524 €/m²29,485
December 20243,510 €/m²3,386 €/m²26,627
January 20253,497 €/m²3,451 €/m²30,254
February 20253,495 €/m²3,484 €/m²32,718
March 20253,492 €/m²3,500 €/m²36,942
April 20253,484 €/m²3,556 €/m²32,948
May 20253,482 €/m²3,518 €/m²34,919
June 20253,496 €/m²3,467 €/m²29,541
July 20253,503 €/m²3,492 €/m²31,299
August 20253,502 €/m²3,478 €/m²28,548
September 20253,514 €/m²3,572 €/m²40,572
October 20253,512 €/m²3,547 €/m²39,278
November 20253,523 €/m²3,580 €/m²33,031
December 20253,543 €/m²3,587 €/m²33,990
January 20263,544 €/m²3,500 €/m²40,793
February 20263,569 €/m²3,629 €/m²26,794
March 20263,628 €/m²3,928 €/m²49,124
April 20263,687 €/m²3,900 €/m²38,753
May 20263,728 €/m²3,824 €/m²43,422
June 20263,752 €/m²3,729 €/m²72,161
July 20263,792 €/m²3,740 €/m²132,505
August 20263,794 €/m²3,644 €/m²38,202

Calculated median per m² over time. Asking prices, not notarised sale prices. Historical sample: 1,371,418 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 +40 % more per m² than inefficient ones (E–H).

Efficient (A–B)4,751+21 %50 %
Mid (C–D)3,507−11 %31 %
Inefficient (E–H)3,400−13 %19 %

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

Premium by apartment type

Penthouse leads at 5,500 €/m² — +54 % above Top floor.

Standard3,906+0 %67 %
Ground floor4,048+3 %14 %
Top floor3,580−9 %9 %
Maisonette3,739−5 %5 %
Penthouse5,500+40 %3 %
Loft4,641+18 %2 %

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

Price by unit size

Small units fetch +19 % more per m² than the cheapest class.

1 room4,241+8 %9 %
2 rooms3,983+2 %31 %
3 rooms3,849−2 %38 %
4 rooms3,915+0 %16 %
5+ rooms3,554−9 %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 m²4,238+8 %14 %
50–80 m²3,749−4 %41 %
80–120 m²3,938+0 %33 %
over 120 m²4,274+9 %12 %

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

Tenanted vs. vacant

Tenanted listings sit −23 % relative to owner-occupied ones.

Owner-occupied4,214+7 %74 %
Tenanted3,255−17 %26 %

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
1MunichBayern9,034 €/m²▲ +2.4%+130%599,000 €9,960
2HamburgHamburg6,650 €/m²▲ +1.5%+69%470,000 €6,789
3FrankfurtHessen6,435 €/m²▲ +8.3%+64%479,000 €3,443
4Freiburg im BreisgauBaden-Württemberg5,875 €/m²▲ +6.3%+50%420,000 €1,084
5PotsdamBrandenburg5,743 €/m²▼ -13.4%+46%449,000 €1,066
6BerlinBerlin5,642 €/m²▲ +0.6%+44%389,000 €27,057
7HeidelbergBaden-Württemberg5,628 €/m²▲ +12.6%+43%378,000 €624
8KonstanzBaden-Württemberg5,545 €/m²▼ -4.1%+41%395,000 €504
9SchneverdingenNiedersachsen5,461 €/m²+39%599,000 €1,181
10RegensburgBayern5,412 €/m²▲ +7.6%+38%315,000 €1,039
11CologneNordrhein-Westfalen5,047 €/m²▲ +6.8%+29%349,000 €3,922
12CuxhavenNiedersachsen5,042 €/m²▲ +18.4%+28%312,000 €564
13WietzendorfNiedersachsen5,000 €/m²+27%495,000 €829
14DüsseldorfNordrhein-Westfalen4,977 €/m²▲ +7.8%+27%375,000 €3,535
15LübeckSchleswig-Holstein4,804 €/m²▲ +24.6%+22%304,000 €839
16FriedrichshafenBaden-Württemberg4,789 €/m²▲ +9.9%+22%390,000 €541
17MünsterNordrhein-Westfalen4,777 €/m²▲ +0.8%+22%340,000 €948
18StuttgartBaden-Württemberg4,694 €/m²▼ -0.1%+20%349,000 €3,376
19IngolstadtBayern4,672 €/m²▲ +5.9%+19%309,000 €1,065
20MainzRheinland-Pfalz4,580 €/m²▲ +13.6%+17%320,000 €1,083
21SindelfingenBaden-Württemberg4,567 €/m²▼ -9.5%+16%395,000 €828
22WiesbadenHessen4,562 €/m²▲ +7.8%+16%395,000 €1,661
23AugsburgBayern4,448 €/m²▲ +3.9%+13%307,000 €2,244
24DarmstadtHessen4,397 €/m²▲ +4.9%+12%320,000 €691
25UlmBaden-Württemberg4,361 €/m²▲ +4%+11%299,000 €625
26BonnNordrhein-Westfalen4,193 €/m²▲ +1.2%+7%295,000 €1,173
27Offenbach am MainHessen4,191 €/m²▲ +4.9%+7%319,000 €584
28BöblingenBaden-Württemberg4,137 €/m²▼ -0.2%+5%353,000 €562
29ErlangenBayern4,118 €/m²▼ -7.4%+5%278,000 €541
30NurembergBayern4,116 €/m²▲ +5.8%+5%295,000 €3,130
31WürzburgBayern4,110 €/m²▲ +3%+5%269,000 €527
32LudwigsburgBaden-Württemberg4,072 €/m²▲ +1.1%+4%315,000 €673
33TrierRheinland-Pfalz3,905 €/m²▲ +2.4%+0%289,000 €829
34KarlsruheBaden-Württemberg3,896 €/m²▼ -0.5%-1%298,000 €1,273
35FürthBayern3,790 €/m²▲ +6.2%-3%285,000 €985
36PaderbornNordrhein-Westfalen3,764 €/m²▲ +4.1%-4%281,000 €564
37ReutlingenBaden-Württemberg3,751 €/m²▲ +2.7%-4%299,000 €637
38MannheimBaden-Württemberg3,741 €/m²▲ +3.3%-5%275,000 €1,370
39HeilbronnBaden-Württemberg3,729 €/m²▲ +0.7%-5%285,000 €1,031
40Baden-BadenBaden-Württemberg3,694 €/m²▼ -5.3%-6%314,000 €763
41BayreuthBayern3,535 €/m²▲ +2.2%-10%197,000 €517
42OldenburgNiedersachsen3,519 €/m²▲ +1.1%-10%225,000 €793
43KielSchleswig-Holstein3,369 €/m²▲ +15%-14%200,000 €694
44AachenNordrhein-Westfalen3,351 €/m²▲ +2.3%-15%235,000 €910
45HanoverNiedersachsen3,318 €/m²▼ -1%-15%249,000 €1,843
46DresdenSachsen3,147 €/m²▲ +3.6%-20%220,000 €2,705
47LeipzigSachsen3,040 €/m²▼ -1.5%-23%210,000 €5,258
48PforzheimBaden-Württemberg2,956 €/m²▼ -3.6%-25%225,000 €715
49KasselHessen2,952 €/m²▲ +5.2%-25%237,000 €593
50BremenBremen2,947 €/m²▲ +2.7%-25%200,000 €1,920
51BraunschweigNiedersachsen2,925 €/m²▲ +8.7%-25%215,000 €1,017
52OsnabrückNiedersachsen2,910 €/m²▼ -3.1%-26%203,000 €690
53Villingen-SchwenningenBaden-Württemberg2,756 €/m²▲ +5.9%-30%221,000 €546
54BielefeldNordrhein-Westfalen2,688 €/m²▲ +4.2%-31%220,000 €757
55Ludwigshafen am RheinRheinland-Pfalz2,676 €/m²▼ -1.3%-32%189,000 €840
56DortmundNordrhein-Westfalen2,629 €/m²▼ -1.9%-33%199,000 €1,031
57ErfurtThüringen2,618 €/m²▼ -5.1%-33%169,000 €562
58EssenNordrhein-Westfalen2,412 €/m²▼ -2.8%-39%175,000 €1,619
59WolfsburgNiedersachsen2,380 €/m²▼ -1.3%-39%169,000 €523
60SaarbrückenSaarland2,371 €/m²▼ -1.4%-40%170,000 €669
61KrefeldNordrhein-Westfalen2,338 €/m²▼ -9.8%-40%170,000 €780
62BochumNordrhein-Westfalen2,328 €/m²▲ +1.9%-41%179,000 €593
63MönchengladbachNordrhein-Westfalen2,259 €/m²▼ -0.8%-42%176,000 €726
64WuppertalNordrhein-Westfalen2,143 €/m²▼ -1.3%-45%160,000 €881
65MagdeburgSachsen-Anhalt1,885 €/m²▼ -4%-52%128,000 €1,061
66WilhelmshavenNiedersachsen1,582 €/m²▼ -12.4%-60%122,000 €516
67DuisburgNordrhein-Westfalen1,510 €/m²▼ -8.1%-62%98,000 €1,438
68GelsenkirchenNordrhein-Westfalen1,323 €/m²▼ -12.5%-66%99,000 €744
69ChemnitzSachsen1,147 €/m²▼ -2.4%-71%67,000 €1,643
70PlauenSachsen813 €/m²▼ -6.2%-79%52,000 €514

Source: Felix Schlendorfer · ScreenImmos Market Analysis · offer prices, not notarized sale prices · 70 cities · as of August 2026 · Methodology

Most expensive cities

Cheapest cities

  • 70Plauen813 €/m²
  • 69Chemnitz1,147 €/m²
  • 68Gelsenkirchen1,323 €/m²

The 5 most expensive German cities in 2026

  1. Munich — 9,034 €/m²
  2. Hamburg — 6,650 €/m²
  3. Frankfurt — 6,435 €/m²
  4. Freiburg im Breisgau — 5,875 €/m²
  5. Potsdam — 5,743 €/m²

The 5 cheapest German cities in 2026

  1. Plauen — 813 €/m²
  2. Chemnitz — 1,147 €/m²
  3. Gelsenkirchen — 1,323 €/m²
  4. Duisburg — 1,510 €/m²
  5. Wilhelmshaven — 1,582 €/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 3,924 €/m² (median total price 289,000 €). The 3-year history contains 1,371,418 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 9,034 €/m² per square metre, ahead of Hamburg (6,650 €/m²) and Frankfurt (6,435 €/m²).

Which German city is the cheapest to buy an apartment?

The cheapest analysed city is Plauen at 813 €/m² per square metre, ahead of Chemnitz (1,147 €/m²) and Gelsenkirchen (1,323 €/m²).

How have apartment prices in Germany developed?

Year over year the national median price per square metre is +5.7% (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 (9,034 €/m²), Hamburg (6,650 €/m²), Frankfurt (6,435 €/m²), Freiburg im Breisgau (5,875 €/m²), Potsdam (5,743 €/m²).

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

By median price per square metre: Plauen (813 €/m²), Chemnitz (1,147 €/m²), Gelsenkirchen (1,323 €/m²), Duisburg (1,510 €/m²), Wilhelmshaven (1,582 €/m²).

How current is the data?

The data is updated regularly; the current analysis is as of August 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 August 2026.”

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

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