Market data

What apartments cost in 42 German cities

Median asking prices per quarter since Q1 2025. Latest, Q3 2026: München is the most expensive at €9,000 per square metre, Chemnitz the cheapest at €1,160.

Latest quarter: Q3 2026

Page for Q3 2026, for citing

33,270 listings first recorded in Q3 2026.

Apartment asking prices by city, Q3 2026
CityMedian €/m²Median priceMiddle halfMedian areaListings
München€9,000€565,000€399,000 to €849,00068 m²2,477
Hamburg€7,122€465,000€319,000 to €770,00072 m²1,869
Berlin€6,328€440,000€295,000 to €699,00071 m²2,899
Potsdam€5,770€450,000€340,000 to €711,49178 m²284
Freiburg im Breisgau€5,639€356,500€245,500 to €539,00074 m²466
Frankfurt am Main€5,045€350,000€259,675 to €549,00074 m²1,088
Köln€4,847€319,000€229,900 to €480,00070 m²973
Wiesbaden€4,524€325,000€224,625 to €495,00074 m²638
Augsburg€4,500€289,000€225,000 to €377,37765 m²851
Münster€4,491€299,000€219,750 to €449,00074 m²476
Stuttgart€4,407€320,000€234,000 to €450,00074 m²1,347
Düsseldorf€4,365€295,000€219,600 to €499,00072 m²1,205
Mainz€4,278€299,000€202,500 to €399,00072 m²638
Nürnberg€3,981€275,000€194,000 to €399,00070 m²2,059
Karlsruhe€3,878€294,000€215,000 to €399,25079 m²571
Bonn€3,615€279,000€195,000 to €439,00076 m²777
Lübeck€3,504€229,000€169,000 to €326,25066 m²304
Rostock€3,494€229,000€164,000 to €426,30067 m²168
Kiel€3,213€189,450€149,000 to €296,00065 m²382
Aachen€3,194€216,250€142,000 to €315,00072 m²332
Mannheim€3,185€209,000€148,750 to €295,00070 m²940
Leipzig€3,104€200,450€150,000 to €308,00066 m²1,970
Hannover€3,086€220,000€160,000 to €290,00072 m²1,045
Dresden€3,043€199,000€143,250 to €332,37567 m²1,082
Bremen€3,019€199,000€155,000 to €295,00072 m²955
Bielefeld€2,963€230,400€169,990 to €321,00080 m²436
Braunschweig€2,931€179,000€136,000 to €289,00068 m²499
Kassel€2,912€199,000€141,000 to €283,75074 m²442
Erfurt€2,673€168,000€129,000 to €286,20861 m²207
Krefeld€2,563€189,000€132,000 to €280,00073 m²393
Dortmund€2,518€179,000€134,975 to €275,00073 m²536
Halle (Saale)€2,426€160,000€116,000 to €230,00070 m²245
Saarbrücken€2,387€168,000€125,000 to €235,00076 m²337
Mönchengladbach€2,386€165,000€128,000 to €246,00075 m²348
Essen€2,224€149,950€105,250 to €239,00073 m²1,042
Wuppertal€2,160€146,450€97,500 to €199,00067 m²622
Oberhausen€2,065€139,000€86,125 to €215,00069 m²880
Bochum€2,048€139,000€99,000 to €188,00071 m²870
Magdeburg€1,929€121,000€80,000 to €185,00061 m²379
Gelsenkirchen€1,917€131,000€89,000 to €175,00070 m²968
Duisburg€1,733€109,950€50,000 to €187,00068 m²1,161
Chemnitz€1,160€67,000€49,000 to €89,50060 m²517

Download the table as CSV (Q3 2026)

Development by quarter

The four largest cities in the chart, every city in the table below it.

  • Berlin
  • Hamburg
  • München
  • Köln
4,0005,0006,0007,0008,0009,00010,000€/m²Sources changedQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026Berlin, Q1 2025: 5,318 €/m²Berlin, Q2 2025: 5,241 €/m²Berlin, Q3 2025: 5,435 €/m²Berlin, Q4 2025: 5,909 €/m²Berlin, Q1 2026: 5,961 €/m²Berlin, Q2 2026: 6,719 €/m²Berlin, Q3 2026: 6,328 €/m²Berlin 6,328 €Hamburg, Q1 2025: 5,753 €/m²Hamburg, Q2 2025: 6,618 €/m²Hamburg, Q3 2025: 6,687 €/m²Hamburg, Q4 2025: 6,863 €/m²Hamburg, Q1 2026: 6,513 €/m²Hamburg, Q2 2026: 7,031 €/m²Hamburg, Q3 2026: 7,122 €/m²Hamburg 7,122 €München, Q1 2025: 8,312 €/m²München, Q2 2025: 8,449 €/m²München, Q3 2025: 8,505 €/m²München, Q4 2025: 8,525 €/m²München, Q1 2026: 8,468 €/m²München, Q2 2026: 9,400 €/m²München, Q3 2026: 9,000 €/m²München 9,000 €Köln, Q1 2025: 4,789 €/m²Köln, Q2 2025: 4,811 €/m²Köln, Q3 2025: 4,787 €/m²Köln, Q4 2025: 5,068 €/m²Köln, Q1 2026: 4,902 €/m²Köln, Q2 2026: 4,842 €/m²Köln, Q3 2026: 4,847 €/m²Köln 4,847 €
Median asking price per square metre, apartments, by the quarter of first listing. The axis starts at €4,000. In Q2 2026 the sources of the listings changed, so the lines are interrupted there: the distances between the parts are not a price movement.
Median asking price per square metre in euros by city and quarter. Change of sources in Q2 2026.
CityQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
München8,3128,4498,5058,5258,4689,4009,000
Hamburg5,7536,6186,6876,8636,5137,0317,122
Berlin5,3185,2415,4355,9095,9616,7196,328
Potsdam4,3644,2035,5564,9564,8295,3855,770
Freiburg im Breisgau5,2595,2425,0835,0915,1085,4845,639
Frankfurt am Main5,1415,3185,6275,5685,2505,3855,045
Köln4,7894,8114,7875,0684,9024,8424,847
Wiesbaden4,1114,2084,2504,2344,1114,3264,524
Augsburg4,1514,2864,3754,2134,4644,4164,500
Münster4,5314,6794,9924,6634,8864,6884,491
Stuttgart4,5004,5274,4934,4134,5634,6004,407
Düsseldorf4,3974,1914,4354,2684,3274,6004,365
Mainz3,9194,0004,1324,2504,0754,1464,278
Nürnberg3,6583,7193,6443,7173,7933,8553,981
Karlsruhe3,7843,9583,8413,8183,8973,8003,878
Bonn3,4383,6923,6223,5293,4963,6303,615
Lübeck2,9132,9813,1503,1433,1703,4233,504
Rostock3,6883,7073,6853,8083,5193,5713,494
Kiel3,3333,3503,3563,2143,1093,2383,213
Aachen3,3143,2843,1772,6193,0303,1813,194
Mannheim3,1633,2983,2263,2223,3003,2103,185
Leipzig2,9112,9263,0472,9462,9803,1273,104
Hannover3,1343,1083,0203,1763,2623,1453,086
Dresden2,8132,8383,0002,8853,0163,0263,043
Bremen2,8912,7992,7862,7262,7192,8653,019
Bielefeld2,6342,6092,5872,7522,7302,7792,963
Braunschweig2,7352,8973,1053,4782,8802,9702,931
Kassel2,4572,6332,5362,6592,6612,8132,912
Erfurt2,8102,7262,7562,5662,7562,7192,673
Krefeld2,5002,5462,4902,3272,2392,4412,563
Dortmund2,4652,5622,4892,5002,4492,5652,518
Halle (Saale)2,3112,145–2,2232,1722,3562,426
Saarbrücken2,1292,2312,1832,2802,2112,2442,387
Mönchengladbach2,1962,2362,0172,3722,2002,3162,386
Essen2,1312,0462,3422,2242,3162,2502,224
Wuppertal2,1572,1312,0932,0852,1612,1912,160
Oberhausen2,0341,8691,9032,0001,8972,0442,065
Bochum1,7511,8671,9861,9872,1802,0862,048
Magdeburg1,7881,8571,8101,8321,8371,8991,929
Gelsenkirchen1,7741,7781,7801,8221,8491,8981,917
Duisburg1,9491,8851,7861,7751,7811,9331,733
Chemnitz1,2501,1251,0881,1291,0771,1461,160

Values in € per m². The dashed lines set apart the quarter in which the sources changed. A dash stands where a city had too few listings in the quarter. Download all quarters as CSV

All periods

Each period has its own page with table and download. A completed period no longer changes.

How the figures are made

  • The basis is apartments from property portals. A listing counts in the quarter in which Leverage first recorded it as a sale offer. Whether it is still online today makes no difference.
  • A city covers what lies within 10 km of its centre. That is a circle, not the city limit: it can include neighbouring towns and leave out the outer districts of large cities.
  • Where two cities lie close together, a listing counts for both.
  • These are asking prices, not sale prices. A listing counts with the last price recorded for it.
  • The median is the value in the middle: half the listings cost more, half cost less. The middle half runs from the 25th to the 75th percentile.
  • A city appears only with at least 20 listings in the period. Houses are missing because most cities have too few listings for them. Apartment buildings are missing because that category also holds single apartments, so the figures would be wrong.
  • New portals were added in Q2 2026. Many of their listings had been online for a while and were first recorded in that quarter. Prices step there, and the steps are the sources, not the market. The quarters before, Q2 2026 itself and the quarters after therefore cannot be compared with each other.
  • A completed quarter stays as it was published. Current figures are on the city pages.