Apartment prices in Munich 2026

Buying an apartment in Munich costs a median of 9,298 €/m² (offer prices, not notarized sale prices; as of June 2026), based on 5,687 active listings across more than 47 portals.

Felix Schlendorfer · ScreenImmos Market Analysis Last updated: 5,687 active listings
Median asking price 9,298 €/m² +134% vs German median (3,969 €/m²)
Middle range (P25–P75) 7,461 €/m² – 11,306 €/m² Spread 52% · P10 6,351 €/m² · P90 13,766 €/m²
12-month trend▲ +2%
Median total price629,000 €+113% vs Germany
Median living area73 m²3 rooms (median)
Active listings5,687Rank 1 / 39 in DE

How have apartment prices in Munich developed?

The median price per m² is +2% year over year. The chart shows the rolling six-month average; raw monthly medians are in the table.

The median price per m² in Munich rose from 8,712 €/m² (July 2023) to 9,298 €/m² today (as of June 2026); +2% year over year.

8,282 €/m²8,497 €/m²8,712 €/m²2023-072025-012026-06Smoothed median €/m²
See monthly values
MonthSmoothed €/m²Raw median €/m²Listings
July 20238,712 €/m²8,689 €/m²1,579
August 20238,614 €/m²8,418 €/m²914
September 20238,551 €/m²8,364 €/m²1,246
October 20238,567 €/m²8,632 €/m²1,712
November 20238,541 €/m²8,409 €/m²1,127
December 20238,480 €/m²8,368 €/m²828
January 20248,365 €/m²8,000 €/m²1,077
February 20248,366 €/m²8,426 €/m²1,029
March 20248,332 €/m²8,156 €/m²792
April 20248,306 €/m²8,476 €/m²829
May 20248,439 €/m²9,210 €/m²1,214
June 20248,434 €/m²8,333 €/m²1,177
July 20248,464 €/m²8,182 €/m²1,134
August 20248,395 €/m²8,012 €/m²989
September 20248,418 €/m²8,293 €/m²992
October 20248,410 €/m²8,429 €/m²1,206
November 20248,282 €/m²8,446 €/m²1,219
December 20248,345 €/m²8,706 €/m²943
January 20258,376 €/m²8,369 €/m²1,116
February 20258,428 €/m²8,324 €/m²1,091
March 20258,466 €/m²8,521 €/m²1,234
April 20258,461 €/m²8,400 €/m²1,193
May 20258,469 €/m²8,496 €/m²1,279
June 20258,412 €/m²8,360 €/m²948
July 20258,434 €/m²8,502 €/m²1,138
August 20258,435 €/m²8,330 €/m²845
September 20258,473 €/m²8,750 €/m²1,461
October 20258,514 €/m²8,649 €/m²1,420
November 20258,526 €/m²8,567 €/m²1,151
December 20258,550 €/m²8,500 €/m²1,089
January 20268,552 €/m²8,517 €/m²1,310
February 20268,586 €/m²8,534 €/m²991
March 20268,601 €/m²8,837 €/m²1,677
April 20268,594 €/m²8,609 €/m²1,413
May 20268,668 €/m²9,014 €/m²1,892
June 20268,676 €/m²8,544 €/m²1,053
See all key figures as a table
Key figures Munich · as of June 2026
MetricValue
Median asking price9,298 €/m²
vs German median+134% (3,969 €/m²)
Rank in Germany1 of 39
Range P25–P757,461 €/m² – 11,306 €/m²
Percentiles P10 / P906,351 €/m² / 13,766 €/m²
Median total price629,000 €
Median living area73 m²
Median rooms3
12-month trend+2%
Median days on market42 days
Share with a price cut4%
Offered tenanted25.1%
Active listings5,687

Source: Felix Schlendorfer · ScreenImmos Market Analysis · offer prices, not notarized sale prices · n = 5,687 active listings · as of June 2026 · Methodology · Data as JSON

Basis: 5,687 active listings from 47+ portals, 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 7,461 €/m² and 11,306 €/m² per square metre; the median is 9,298 €/m².

View percentile table
Percentile€/m²
P10 (low)6,351 €/m²
P257,461 €/m²
Median (P50)9,298 €/m²
P7511,306 €/m²
P90 (high-end)13,766 €/m²
Germany (median)3,969 €/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 42 days and the price was cut on 4% of offers.

Median days on market (active)42 days
Share with a price cut4%
Offered tenanted25.1%

What kinds of apartments are offered in Munich?

Most common construction-era class in Munich: 2000 or later (37%).

Construction era

  • Pre-1900 2 %
  • 1900–1949 5 %
  • 1950–1979 35 %
  • 1980–1999 14 %
  • 2000 or later 37 %
  • Unknown 8 %
Construction era as a table
Construction eraShareListings
Pre-19001.8%105
1900–19494.6%260
1950–197934.7%1,972
1980–199914.5%824
2000 or later36.8%2,095
Unknown7.6%431

Condition

  • Well kept 38 %
  • Not specified 21 %
  • Excellent condition 19 %
  • New build 18 %
  • Needs renovation 3 %
Condition as a table
ConditionShareListings
Well kept38.4%2,185
Not specified21.2%1,207
Excellent condition19.1%1,086
New build17.8%1,012
Needs renovation3.5%197

Features

Features as a table
FeatureShare
Balcony/terrace81.5%
Elevator62.5%
Cellar75.2%
Offered tenanted25.1%

Is Munich more expensive than other German cities?

Median price per m² versus neighbouring markets and the national median.

Munich ranks 1 of 39 analysed cities and is +134% versus the German median.

See comparison table
MarketMedian €/m²Δ vs MunichRank DE
Munich9,298 €/m²1 / 39
Frankfurt6,750 €/m²-27%2 / 39
Hamburg6,712 €/m²-28%3 / 39
Freiburg im Breisgau6,252 €/m²-33%4 / 39
Regensburg5,553 €/m²-40%7 / 39
Germany3,969 €/m²-57%

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 9,298 €/m² (offer prices, not notarized sale prices; as of June 2026). The median total price is 629,000 € for a 73 m² apartment, based on 5,687 active listings.

What is the price per square metre in Munich in 2026?

The median price per square metre in Munich is 9,298 €/m². A 70 m² apartment therefore costs about 650,860 € — 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% (rolling six-month average of offer medians).

Is Munich more expensive than the German average?

The median in Munich (9,298 €/m²) is 134% more expensive than the German national median of 3,969 €/m² per square metre.

Where does Munich rank among German cities by price?

With 9,298 €/m², Munich ranks 1 of 39 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 6,351 €/m² (P10) to the high-end tenth at 13,766 €/m² (P90); the middle half of offers lies between 7,461 €/m² and 11,306 €/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 42 days (current asking listings).

How many apartments are for sale in Munich?

We currently analyse 5,687 active condominium listings in Munich (as of June 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 →

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

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

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

See property-level valuations