In 2024, the average home price in Italy is $372,000 for a 2,000-square-foot home, or $186 per square foot. Compared to the Spanish real estate market and Portuguese real estate, buying a home in Italy is more affordable.
Italian real estate is among the most desirable in Europe, with many foreigners from different parts of the world buying homes in Italy. Despite the consistent demand, house prices in Italy have stagnated since the previous year.
Italy house prices by region, in US dollars
Abruzzo $238,000
Aosta Valley $536,000
Basilicata $236,000
Calabria $182,000
Campania $326,000
Emilia-Romagna $376,000
Friuli-Venezia Giulia $296,000
Lazio $426,000
Liguria $512,000
Lombardy $440,000
Marche $306,000
Molise $180,000
Piedmont $260,000
Puglia $252,000
Sardinia $328,000
Sicily $208,000
Tuscany $474,000
Trentino-Alto Adige $642,000
Umbria $216,000
Veneto $368,000
The most expensive region to buy a house in Italy is the spectacular Trentino-South Tyrol, in most northern part of Italy, where a 2,000 square foot home costs on average $642,000. That’s a price per square foot of $321. Real estate prices in the region of Trentino-South Tyrol increased by 11.5% year over year.
Aosta Valley is the second most expensive region to buy a house in Italy. An average 2,000 sqft home goes for $536,000, since the price per square foot is $268. Real estate prices in Aosta Valley stagnated compared to the previous year.
The third most expensive region to buy a house in Italy is Liguria, where an average home costs around $512,000 or $256 per square foot. Liguria’s average home prices have not changed year over year.
Here’s how much a house costs on average in each of the 20 regions of Italy:
The most affordable region in Italy to buy a house is Molise, a central-southern region of Italy, where you can purchase a 2,000 square foot home for as little as $180,000 on average, or $90 per square foot. Real estate prices in Molise saw an increase of 2.8% compared to the same time last year.
The second cheapest homes in Italy are in Calabria. The average home price in this Southern region is $182,000, or $91 per square foot. Home prices in Calabria are down -2.2% compared to one year prior.
The third most affordable homes for sale in Italy are in Sicily. The cost of an average 2,000 sqft house in Sicily is $208,000, at $106 per square foot. Real estate prices in Sicily, Italy have increased 0.2% year over year.
Italy house prices by region, in euro
An average 200-square-meter house in Italy costs around €364,200, or €1,821 per square meter. The highest house prices in Italy are in the Trentino-South Tyrol region, where a 200 square meter home costs €628,800. This is based on a cost per square meter of €3,144.
The cheapest house prices in Italy are in the region of Molise, where an average-sized home goes for €176,200. That is on average €881 per square meter.
Italy real estate prices by city
The cost to buy a home in Italy's major cities varies greatly from north to south. In Milan, the most cosmopolitan city in Italy, a 2,000 square foot home can cost as much as $1 million, more precisely $1,020,000, at a price per square foot of $510, the most expensive of the largest cities in Italy.
Other expensive locations to buy a house in Italy include: Bologna, where the average price is $706,000, Rome, where houses cost $618,000 and in Florence $834,000.
Among the highest increases in prices were registered in Barletta, up 15.9% compared to a year ago, as well as in Naples, were real estate prices increased by 11.5% in one year.
Here's how much it costs to buy a house in Italy's top 10 largest cities:
- Rome $ 616,000
- Milan $1,020,000
- Naples $560,000
- Turin $376,000
- Palermo $274,000
- Genoa $290,000
- Bologna $704,000
- Florence $840,000
- Bari $402,000
- Catania $244,000
To check the average price of real estate in Italy's top 100 largest cities, search the tables below:
In Euros, the most expensive city to buy property is Milan, Lombardy, with an average price of €997,400, up 1.4% since the same time last year.
Rome house prices average a little over €600,000 for a 200 square meter house. A similar sized house costs around €822,000 in Florence, €897,200 in Venice, and €547,600 in Naples. Search cities in the table below to find out what a home costs in your preferred location:
Methodology:
- When using or citing this data, please give credit to My Dolce Casa by linking to this report
- Italy home price data source: Idealista 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 2,000 square foot home was calculated by multiplying the price per square foot in USD by 2,000
- The average price of a 200 square meter home was calculated by multiplying the price per square meter in Euro by 200
