Residential market report · Bayern
Apartment prices in Munich 2026
Buying an apartment in Munich costs a median of 8,970 €/m² (offer prices, not notarized sale prices; as of October 2026). The 3-year history contains 48,995 listings across more than 47 portals.
ScreenImmos Listing-Price Index — Munich
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 Munich rose from 8,450 €/m² (November 2023) to 8,970 €/m² today (as of October 2026); +2.7% year over year.
View whole-market monthly values
| Month | Calculated €/m² | Monthly value €/m² | Listings |
|---|---|---|---|
| November 2023 | 8,450 €/m² | 8,409 €/m² | 1,128 |
| December 2023 | 8,429 €/m² | 8,368 €/m² | 826 |
| January 2024 | 8,343 €/m² | 8,000 €/m² | 1,077 |
| February 2024 | 8,358 €/m² | 8,429 €/m² | 1,028 |
| March 2024 | 8,330 €/m² | 8,147 €/m² | 789 |
| April 2024 | 8,306 €/m² | 8,480 €/m² | 828 |
| May 2024 | 8,437 €/m² | 9,197 €/m² | 1,212 |
| June 2024 | 8,429 €/m² | 8,321 €/m² | 1,173 |
| July 2024 | 8,456 €/m² | 8,163 €/m² | 1,130 |
| August 2024 | 8,387 €/m² | 8,012 €/m² | 989 |
| September 2024 | 8,411 €/m² | 8,295 €/m² | 988 |
| October 2024 | 8,401 €/m² | 8,420 €/m² | 1,204 |
| November 2024 | 8,273 €/m² | 8,425 €/m² | 1,208 |
| December 2024 | 8,337 €/m² | 8,706 €/m² | 943 |
| January 2025 | 8,366 €/m² | 8,335 €/m² | 1,102 |
| February 2025 | 8,424 €/m² | 8,361 €/m² | 1,095 |
| March 2025 | 8,461 €/m² | 8,521 €/m² | 1,233 |
| April 2025 | 8,462 €/m² | 8,422 €/m² | 1,197 |
| May 2025 | 8,480 €/m² | 8,534 €/m² | 1,285 |
| June 2025 | 8,419 €/m² | 8,340 €/m² | 948 |
| July 2025 | 8,444 €/m² | 8,484 €/m² | 1,134 |
| August 2025 | 8,442 €/m² | 8,348 €/m² | 845 |
| September 2025 | 8,471 €/m² | 8,699 €/m² | 1,452 |
| October 2025 | 8,508 €/m² | 8,641 €/m² | 1,412 |
| November 2025 | 8,527 €/m² | 8,650 €/m² | 1,180 |
| December 2025 | 8,551 €/m² | 8,485 €/m² | 1,082 |
| January 2026 | 8,544 €/m² | 8,438 €/m² | 1,279 |
| February 2026 | 8,572 €/m² | 8,516 €/m² | 981 |
| March 2026 | 8,586 €/m² | 8,783 €/m² | 1,670 |
| April 2026 | 8,597 €/m² | 8,708 €/m² | 1,407 |
| May 2026 | 8,664 €/m² | 9,052 €/m² | 1,803 |
| June 2026 | 8,720 €/m² | 8,820 €/m² | 2,271 |
| July 2026 | 8,740 €/m² | 8,559 €/m² | 2,585 |
| August 2026 | 8,722 €/m² | 8,413 €/m² | 2,179 |
| September 2026 | 8,657 €/m² | 8,390 €/m² | 3,013 |
| October 2026 | 8,665 €/m² | 8,754 €/m² | 1,127 |
Calculated median per m² over time. Asking prices, not notarised sale prices. Historical sample: 48,995 listings across the full timeline.
Where is the premium in Munich?
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 +44 % 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 11,041 €/m² — +33 % above Maisonette.
Median €/m² of active listings · Δ vs city median · share
Price by unit size
Small units fetch +18 % 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 +31 % per m².
Median €/m² of active listings · Δ vs city median · share
Tenanted vs. vacant
Tenanted listings sit −16 % 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 | 8,970 €/m² |
| vs German median | +130% (3,893 €/m²) |
| Rank in Germany | 1 of 54 |
| Range P25–P75 | 7,250 €/m² – 11,072 €/m² |
| Percentiles P10 / P90 | 6,141 €/m² / 13,444 €/m² |
| Median total price | 599,000 € |
| Median living area | 72 m² |
| Median rooms | 3 |
| 12-month trend | +2.7% |
| Median days on market | 49 days |
| Share with a price cut | 23.2% |
| Offered tenanted | 25% |
| Active listings | 6,943 |
Source: Felix Schlendorfer · ScreenImmos Market Analysis · offer prices, not notarized sale prices · historical sample: 48,995 listings across the 3-year history · as of October 2026 · Methodology · Data as JSON
Historical sample: 48,995 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 Munich?
From the cheap tenth (P10) to the high-end tenth (P90) of offers per m².
50% of offers in Munich lie between 7,250 €/m² and 11,072 €/m² per square metre; the median is 8,970 €/m².
View percentile table
| Percentile | €/m² |
|---|---|
| P10 (low) | 6,141 €/m² |
| P25 | 7,250 €/m² |
| Median (P50) | 8,970 €/m² |
| P75 | 11,072 €/m² |
| P90 (high-end) | 13,444 €/m² |
| Germany (median) | 3,893 €/m² |
How fast do apartments sell in Munich?
Median time on market and repricing among active listings.
In Munich, active listings stay on the market for a median of 49 days and the price was cut on 23.2% of offers.
What kinds of apartments are offered in Munich?
Most common construction-era class in Munich: 2000 or later (37%).
Construction era
- Pre-1900 1 %
- 1900–1949 5 %
- 1950–1979 36 %
- 1980–1999 14 %
- 2000 or later 37 %
- Unknown 6 %
Construction era as a table
| Construction era | Share | Listings |
|---|---|---|
| Pre-1900 | 1.4% | 100 |
| 1900–1949 | 4.8% | 336 |
| 1950–1979 | 36.4% | 2,525 |
| 1980–1999 | 14% | 975 |
| 2000 or later | 37.4% | 2,600 |
| Unknown | 5.9% | 407 |
Condition
- Well kept 41 %
- Not specified 21 %
- New build 17 %
- Excellent condition 17 %
- Needs renovation 4 %
Condition as a table
| Condition | Share | Listings |
|---|---|---|
| Well kept | 41.3% | 2,868 |
| Not specified | 21.3% | 1,479 |
| New build | 16.9% | 1,175 |
| Excellent condition | 16.8% | 1,165 |
| Needs renovation | 3.7% | 256 |
Features
Features as a table
| Feature | Share |
|---|---|
| Balcony/terrace | 82.4% |
| Elevator | 61.1% |
| Cellar | 81% |
| Offered tenanted | 25% |
Is Munich more expensive than other German cities?
Median price per m² versus neighbouring markets and the national median.
Munich ranks 1 of 54 analysed cities and is +130% 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 Munich
How much does an apartment cost in Munich?
The median asking price for condominiums in Munich is 8,970 €/m² (offer prices, not notarized sale prices; as of October 2026). The median total price is 599,000 € for a 72 m² apartment; the 3-year history contains 48,995 listings.
What is the price per square metre in Munich in 2026?
The median price per square metre in Munich is 8,970 €/m². A 70 m² apartment therefore costs about 627,900 € — an asking price, not a notarized sale price.
How have apartment prices in Munich developed?
Year over year the median price per square metre in Munich is +2.7% (rolling six-month average of offer medians).
Is Munich more expensive than the German average?
The median in Munich (8,970 €/m²) is 130% more expensive than the German national median of 3,893 €/m² per square metre.
Where does Munich rank among German cities by price?
With 8,970 €/m², Munich ranks 1 of 54 analysed German cities, sorted by median price per square metre (most expensive first).
What is the price range for apartments in Munich?
From the cheap tenth at 6,141 €/m² (P10) to the high-end tenth at 13,444 €/m² (P90); the middle half of offers lies between 7,250 €/m² and 11,072 €/m² per square metre.
Are apartments in Munich mostly old or new builds?
The most common construction-era class among active listings in Munich is 2000 or later (37%).
How fast do apartments sell in Munich?
Active listings in Munich stay on the market for a median of 49 days (current asking listings).
How many apartments are for sale in Munich?
We currently analyse 6,943 active condominium listings in Munich (as of October 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 →