Residential market report · Hamburg
Apartment prices in Hamburg 2026
Buying an apartment in Hamburg costs a median of 6,650 €/m² (offer prices, not notarized sale prices; as of August 2026). The 3-year history contains 36,650 listings across more than 47 portals.
ScreenImmos Listing-Price Index — Hamburg
Live index of asking prices per m² by property class, rebased to 100 at the window start. Switch class, period and display.
The median price per m² in Hamburg rose from 6,154 €/m² (September 2023) to 6,650 €/m² today (as of August 2026); +1.5% year over year.
View whole-market monthly values
| Month | Calculated €/m² | Monthly value €/m² | Listings |
|---|---|---|---|
| September 2023 | 6,154 €/m² | 6,076 €/m² | 1,263 |
| October 2023 | 6,074 €/m² | 5,833 €/m² | 1,503 |
| November 2023 | 6,055 €/m² | 5,980 €/m² | 1,079 |
| December 2023 | 6,062 €/m² | 6,096 €/m² | 743 |
| January 2024 | 5,980 €/m² | 6,248 €/m² | 1,054 |
| February 2024 | 6,107 €/m² | 6,410 €/m² | 1,025 |
| March 2024 | 6,120 €/m² | 6,154 €/m² | 759 |
| April 2024 | 6,187 €/m² | 6,233 €/m² | 656 |
| May 2024 | 6,222 €/m² | 6,189 €/m² | 831 |
| June 2024 | 6,204 €/m² | 5,990 €/m² | 877 |
| July 2024 | 6,144 €/m² | 5,890 €/m² | 792 |
| August 2024 | 6,073 €/m² | 5,983 €/m² | 774 |
| September 2024 | 6,066 €/m² | 6,111 €/m² | 702 |
| October 2024 | 6,047 €/m² | 6,120 €/m² | 726 |
| November 2024 | 6,046 €/m² | 6,179 €/m² | 917 |
| December 2024 | 6,102 €/m² | 6,326 €/m² | 694 |
| January 2025 | 6,145 €/m² | 6,152 €/m² | 791 |
| February 2025 | 6,213 €/m² | 6,392 €/m² | 894 |
| March 2025 | 6,147 €/m² | 5,712 €/m² | 990 |
| April 2025 | 6,114 €/m² | 5,925 €/m² | 913 |
| May 2025 | 6,118 €/m² | 6,200 €/m² | 1,034 |
| June 2025 | 6,082 €/m² | 6,110 €/m² | 862 |
| July 2025 | 6,036 €/m² | 5,880 €/m² | 738 |
| August 2025 | 5,933 €/m² | 5,769 €/m² | 711 |
| September 2025 | 6,032 €/m² | 6,307 €/m² | 1,145 |
| October 2025 | 6,031 €/m² | 5,919 €/m² | 1,037 |
| November 2025 | 5,990 €/m² | 5,957 €/m² | 924 |
| December 2025 | 5,957 €/m² | 5,912 €/m² | 919 |
| January 2026 | 5,977 €/m² | 5,999 €/m² | 1,043 |
| February 2026 | 6,012 €/m² | 5,979 €/m² | 799 |
| March 2026 | 6,040 €/m² | 6,471 €/m² | 1,361 |
| April 2026 | 6,151 €/m² | 6,586 €/m² | 1,240 |
| May 2026 | 6,247 €/m² | 6,535 €/m² | 1,213 |
| June 2026 | 6,344 €/m² | 6,493 €/m² | 1,640 |
| July 2026 | 6,455 €/m² | 6,667 €/m² | 2,029 |
| August 2026 | 6,542 €/m² | 6,500 €/m² | 789 |
Calculated median per m² over time. Asking prices, not notarised sale prices. Historical sample: 36,650 listings across the full timeline.
Where is the premium in Hamburg?
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 +49 % more per m² than inefficient ones (E–H).
Median €/m² of active listings · Δ vs city median · share
Premium by apartment type
Penthouse leads at 8,084 €/m² — +31 % above Maisonette.
Median €/m² of active listings · Δ vs city median · share
Price by unit size
Small units fetch +29 % more per m² than the cheapest class.
Median €/m² of active listings · Δ vs city median · share
Price by floor area
Between the smallest and largest size class there is +49 % per m².
Median €/m² of active listings · Δ vs city median · share
Tenanted vs. vacant
Tenanted listings sit −29 % relative to owner-occupied ones.
Median €/m² of active listings · Δ vs city median · share
See all key figures as a table
| Metric | Value |
|---|---|
| Median asking price | 6,650 €/m² |
| vs German median | +69% (3,924 €/m²) |
| Rank in Germany | 2 of 70 |
| Range P25–P75 | 4,796 €/m² – 8,573 €/m² |
| Percentiles P10 / P90 | 3,867 €/m² / 11,136 €/m² |
| Median total price | 470,000 € |
| Median living area | 77 m² |
| Median rooms | 3 |
| 12-month trend | +1.5% |
| Median days on market | 45 days |
| Share with a price cut | 14% |
| Offered tenanted | 19.9% |
| Active listings | 6,789 |
Source: Felix Schlendorfer · ScreenImmos Market Analysis · offer prices, not notarized sale prices · historical sample: 36,650 listings across the 3-year history · as of August 2026 · Methodology · Data as JSON
Historical sample: 36,650 listings across the 3-year history, deduplicated at the property level · offer prices, not notarized sale prices.
What is the price per square metre in Hamburg?
From the cheap tenth (P10) to the high-end tenth (P90) of offers per m².
50% of offers in Hamburg lie between 4,796 €/m² and 8,573 €/m² per square metre; the median is 6,650 €/m².
View percentile table
| Percentile | €/m² |
|---|---|
| P10 (low) | 3,867 €/m² |
| P25 | 4,796 €/m² |
| Median (P50) | 6,650 €/m² |
| P75 | 8,573 €/m² |
| P90 (high-end) | 11,136 €/m² |
| Germany (median) | 3,924 €/m² |
How fast do apartments sell in Hamburg?
Median time on market and repricing among active listings.
In Hamburg, active listings stay on the market for a median of 45 days and the price was cut on 14% of offers.
What kinds of apartments are offered in Hamburg?
Most common construction-era class in Hamburg: 1950–1979 (32%).
Construction era
- Pre-1900 3 %
- 1900–1949 13 %
- 1950–1979 32 %
- 1980–1999 10 %
- 2000 or later 31 %
- Unknown 10 %
Construction era as a table
| Construction era | Share | Listings |
|---|---|---|
| Pre-1900 | 3.4% | 230 |
| 1900–1949 | 13.3% | 901 |
| 1950–1979 | 32.4% | 2,198 |
| 1980–1999 | 10.1% | 685 |
| 2000 or later | 30.9% | 2,100 |
| Unknown | 9.9% | 675 |
Condition
- Well kept 36 %
- Not specified 31 %
- New build 15 %
- Excellent condition 14 %
- Needs renovation 4 %
Condition as a table
| Condition | Share | Listings |
|---|---|---|
| Well kept | 36.4% | 2,471 |
| Not specified | 31% | 2,105 |
| New build | 14.7% | 997 |
| Excellent condition | 13.9% | 944 |
| Needs renovation | 4% | 272 |
Features
Features as a table
| Feature | Share |
|---|---|
| Balcony/terrace | 76.9% |
| Elevator | 35.3% |
| Cellar | 58.6% |
| Offered tenanted | 19.9% |
Is Hamburg more expensive than other German cities?
Median price per m² versus neighbouring markets and the national median.
Hamburg ranks 2 of 70 analysed cities and is +69% versus the German median.
Apartment prices in other German cities
Compare median price per m² across the German cities we cover in English.
Frequently asked questions about apartment prices in Hamburg
How much does an apartment cost in Hamburg?
The median asking price for condominiums in Hamburg is 6,650 €/m² (offer prices, not notarized sale prices; as of August 2026). The median total price is 470,000 € for a 77 m² apartment; the 3-year history contains 36,650 listings.
What is the price per square metre in Hamburg in 2026?
The median price per square metre in Hamburg is 6,650 €/m². A 70 m² apartment therefore costs about 465,500 € — an asking price, not a notarized sale price.
How have apartment prices in Hamburg developed?
Year over year the median price per square metre in Hamburg is +1.5% (rolling six-month average of offer medians).
Is Hamburg more expensive than the German average?
The median in Hamburg (6,650 €/m²) is 69% more expensive than the German national median of 3,924 €/m² per square metre.
Where does Hamburg rank among German cities by price?
With 6,650 €/m², Hamburg ranks 2 of 70 analysed German cities, sorted by median price per square metre (most expensive first).
What is the price range for apartments in Hamburg?
From the cheap tenth at 3,867 €/m² (P10) to the high-end tenth at 11,136 €/m² (P90); the middle half of offers lies between 4,796 €/m² and 8,573 €/m² per square metre.
Are apartments in Hamburg mostly old or new builds?
The most common construction-era class among active listings in Hamburg is 1950–1979 (32%).
How fast do apartments sell in Hamburg?
Active listings in Hamburg stay on the market for a median of 45 days (current asking listings).
How many apartments are for sale in Hamburg?
We currently analyse 6,789 active condominium listings in Hamburg (as of August 2026), deduplicated at the property level across more than 47 portals.
How this analysis 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. This is a statistical analysis, not notarized sale prices. Only condominiums are included; we do not report rental yields or price-to-rent multiples because no rental data is used. Full methodology →