Housing prices in the Magnesia area

Property prices trend in the Magnesia area

The following graphs show price trends over time for all types of residential real estate in the province of Magnesia, both for sale and for rent.

In November 2024 the average price asked for residential properties for sale was € 1,335 per square meter, with an increase of 4.05% compared to November 2023 (1,283 €/m²). Over the past 2 years, the average price in Magnesia has reached its peak in August 2024, with a value of € 1,340 per square meter. The month with the lowest asking price was January 2023: for a property for sale, the average price asked was € 1,213 per square meter.

In November 2024 the average price asked for residential rental properties was € 7.57 per month per square meter, with an increase of 5.58% compared to March 2024 (€ 7.17 monthly per square meter). Over the past 2 years, the average price in Magnesia has reached its peak in October 2024, with a value of € 7.69 per square meter. The month with the lowest asking price was February 2023: for a rental property, the average price asked was € 6.45 per month per square meter.

Prices per square meter of the municipalities in the province of Magnesia

During November 2024, the asking price for properties for sale in the province of Magnesia was highest in the municipality of Mouresi, with € 1,799 per square meter. On the opposite, the lowest price was in the municipality of Karla, with an average of € 549 per square meter.
During the same month, the asking price for rental properties in the province of Magnesia was highest in the municipality of Portaria, with € 8.04 per month per square meter. The lowest price, instead, was in the municipality of Makrinitsa with an average of € 0.25 per month per square meter.