Housing prices in the municipality of Málaga

Property prices trend in Málaga

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

In October 2024 the average price asked for residential properties for sale was € 3,175 per square meter, with an increase of 19.45% compared to November 2023 (2,658 €/m²). Over the past 2 years, the average price in Málaga municipality reached its peak in October 2024, with a value of € 3,175 per square meter. The month with the lowest asking price was January 2023: for a property for sale, the average price asked was € 2,375 per square meter.

In October 2024 the average price asked for residential rental properties was € 14.60 per month per square meter, with an increase of 7.04% compared to November 2023 (€ 13.64 monthly per square meter). Over the past 2 years, the average price in Málaga municipality reached its peak in October 2024, with a value of € 14.60 per square meter. The month with the lowest asking price was February 2023: for a rental property, the average price asked was € 11.49 per month per square meter.

Prices per square meter of the zones in Málaga

During October 2024, the asking price for properties for sale in Málaga was highest in the Centro area, with € 3,994 per square meter. The lowest price, instead, was in the Campanillas area, with an average of € 1,967 per square meter.
During the same month, the asking price for rental properties in Málaga was highest in the Palma-Palmilla area, with € 17.10 per month per square meter. The lowest price, instead, was in the Campanillas area, with an average of € 11.74 per month per square meter.

The following charts show information about the real estate property of the municipality of Málaga and a summary of the demographic and socio-economic aspects that characterize its resident population, consisting of 578,460 inhabitants.