The average price of a house for sale in Germany is $562,000, and the price to buy an apartment in Germany is on average $253,600 in 2024. The home price per square foot in Germany is $281, while the apartment price per square foot is $317.
Home prices in Germany are higher than real estate in prices in Portugal, Spain, France, Greece or Italy.
Real estate prices in US Dollars in Germany’s main regions
The most expensive homes are found in the federal state of Hamburg, where the average house price is over $1 million. A two-bedroom apartment in this region costs on average $486,400.
The federal state of Berlin has the second most expensive properties, with an average house price of $978,000 and an average apartment price of $409,600.
Bavaria is the third most expensive in terms of real estate prices, with the average price of a 2,000-sqft home at $744,000, and that of a 800-sqft apartment at $347,200.
Saxony-Anhalt is the most affordable federal state to live in. Here, you can buy a home for an average price of $274,000 or an apartment for $124,000.
See up-to-date real estate prices in each German federal state in US dollars in the table below:
Real estate prices in Euros in Germany's main regions
The highest home prices in Germany are in the federal state of Hamburg, where a 200-sqm house costs €1,044,800, on average, and a 75-sqm apartment sells for €446,300.
In the German state of Berlin, the second most expensive region, an average house price is €956,400, while buying an apartment costs €375,500, on average.
The cheapest property in Germany is located in the federal states of Saxony-Anhalt, Thuringia, and Saxony.
See up-to-date real estate prices in each German federal state in Euros in the table below:
Real estate prices in US Dollars in Germany's main cities
The average price of a three-bedroom house for sale in Berlin is $964,000, and the price of a two-bedroom apartment is $406,400.
In Hamburg, Germany, a house costs on average $1,068,000 and an apartment costs on average $490,400.
Munchen is the most expensive city to buy a house in Germany, with an average price of $1,804,000 for a house and $656,800 for an apartment.
In Frankfurt, a house costs on average $1,090,000, and an apartment costs on average $431,200.
Real estate prices in Euros in Germany's main cities
Houses for sale in Germany tend to be very expensive, particularly in the main cities. The average prices of property for sale in Germany can vary significantly from city to city. In some of the largest cities in Germany, a 200-sqm house costs more than one million euros, but you can also find houses under half a million euros in smaller cities.
For instance, the average price of a house for sale in Berlin is €944,200, in Hamburg €1,044,600, in Munchen €1,764,800, in Koln €1,023,200 and in Frankfurt €1,067,000.
A 75 square meter apartment costs around €372,000 in Berlin, €450,000 in Hamburg, €602,000 in Munchen, €351,000 in Koln, and €395,000 in Frankfurt.
Methodology
- When using or citing this data, please give credit to My Dolce Casa by linking to this report
- Source: Immovelt valid as of the date of this report
- Original prices published in euros per square meter
- Euros converted to U.S. dollars at an exchange rate valid as of the date of this report
- Square meters converted to square feet
- The average price of a house refers to a 2,000-square-foot home and a 200-square-meter home
- The average price of an apartment refers to an 800-square-foot apartment and a 75-square-meter apartment
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