Housing prices in the municipality of Mérida

Property prices trend in Mérida

The following charts show price trends over time for all types of residential property in Mérida, both for sale and for rent.

In April 2024 for residential properties for sale was asked an average of € 944 per square meter, with an increase of 7.39% compared to April 2023 (879 €/m²). Over the past 2 years, the average price in Mérida municipality reached its peak in April 2024, with a value of € 944 per square meter. The month with the lowest asking price was April 2023: for a property for sale was asked an average of € 879 per square meter.

In April 2024 for residential rental properties was asked an average of € 6.47 per month per square meter, with an increase of 1.57% compared to April 2023 (€ 6.37 monthly per square meter). Over the past 2 years, the average price in Mérida municipality reached its peak in January 2024, with a value of € 7.30 per square meter. The month with the lowest asking price was September 2022: for a rental property was asked an average of € 5.67 per month per square meter.

Prices per square meter of the zones in Mérida

During April 2024, the asking price for properties for sale in Mérida was highest in the El Prado area, with € 1,068 per square meter. The lowest price, instead, was in the San Luis-San Juan-Santa Isabel area, with an average of € 790 per square meter.
During the same month, the asking price for rental properties in Mérida was highest in the San Luis-San Juan-Santa Isabel area, with € 7.99 per month per square meter. The lowest price, instead, was in the Nueva Ciudad area, with an average of € 6.17 per month per square meter.

The following charts show information about the real estate property of the municipality of Mérida and a summary of the demographic and socio-economic aspects that characterize its resident population, consisting of 59,548 inhabitants.