Market data Q4 2025

What apartments cost in 42 German cities

Median asking prices from 30,163 listings first recorded in Q4 2025. München is the most expensive at €8,525 per square metre, Chemnitz the cheapest at €1,129.

Apartment asking prices by city, Q4 2025
CityMedian €/m²Median priceMiddle halfMedian areaListings
München€8,525€499,000€354,750 to €725,00062 m²2,540
Hamburg€6,863€435,000€290,000 to €795,00067 m²1,205
Berlin€5,909€348,000€215,000 to €599,00062 m²2,485
Frankfurt am Main€5,568€395,000€260,000 to €650,00075 m²1,541
Freiburg im Breisgau€5,091€338,000€250,000 to €529,00075 m²593
Köln€5,068€315,000€210,000 to €489,50069 m²1,355
Potsdam€4,956€344,500€249,000 to €606,50077 m²82
Münster€4,663€329,900€200,000 to €482,50073 m²443
Stuttgart€4,413€300,000€240,000 to €400,00071 m²1,823
Düsseldorf€4,268€289,500€195,000 to €489,25070 m²1,284
Mainz€4,250€299,000€219,000 to €444,75076 m²811
Wiesbaden€4,234€296,000€214,250 to €475,00075 m²856
Augsburg€4,213€289,000€220,000 to €395,00068 m²596
Karlsruhe€3,818€289,000€222,000 to €415,00078 m²573
Rostock€3,808€282,500€199,000 to €451,00070 m²96
Nürnberg€3,717€265,000€195,000 to €369,00072 m²1,590
Bonn€3,529€199,000€160,000 to €309,00067 m²381
Braunschweig€3,478€319,000€175,000 to €492,10095 m²153
Mannheim€3,222€235,000€163,250 to €332,25076 m²1,206
Kiel€3,214€200,000€160,000 to €299,00068 m²333
Hannover€3,176€243,700€176,000 to €350,00077 m²1,081
Lübeck€3,143€205,000€169,000 to €326,00070 m²208
Leipzig€2,946€190,000€135,000 to €285,00065 m²1,174
Dresden€2,885€180,000€135,000 to €306,50065 m²758
Bielefeld€2,752€199,000€156,550 to €290,00078 m²418
Bremen€2,726€181,000€145,000 to €276,25070 m²496
Kassel€2,659€230,000€163,500 to €325,00083 m²364
Aachen€2,619€150,000€110,000 to €309,00067 m²129
Erfurt€2,566€173,000€130,000 to €227,25070 m²183
Dortmund€2,500€179,000€120,000 to €256,00071 m²548
Mönchengladbach€2,372€185,000€128,000 to €290,00079 m²329
Krefeld€2,327€169,000€120,000 to €242,50073 m²385
Saarbrücken€2,280€166,450€115,000 to €229,00079 m²300
Essen€2,224€149,000€99,000 to €239,00070 m²1,204
Halle (Saale)€2,223€160,000€109,250 to €286,50072 m²90
Wuppertal€2,085€149,000€110,000 to €206,00073 m²480
Oberhausen€2,000€130,000€84,125 to €206,12567 m²810
Bochum€1,987€147,500€99,000 to €210,75072 m²903
Magdeburg€1,832€125,500€89,900 to €170,00071 m²332
Gelsenkirchen€1,822€129,400€89,000 to €180,00070 m²1,109
Duisburg€1,775€120,000€69,225 to €203,87571 m²810
Chemnitz€1,129€72,000€49,500 to €109,00065 m²656

Download the table as CSV (Q4 2025)

How the figures are made

  • The basis is apartments from property portals that Leverage first recorded as a sale offer between October 1, 2025 and December 31, 2025. Whether a listing 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. The "Listings" column therefore adds up to more than the 30,163 listings the table rests on.
  • 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.
  • The figures were queried on October 6, 2026 and stay as they are. Current figures are on the city pages.

Cite as: Leverage, Market data Q4 2025, leverage.immo/en/market-data/2025-q4/

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