Overview
- An immowelt analysis published in late July 2026 found Munich’s advertised condo prices nearly stalled with a 0.5% annual rise while medium towns and several northern counties posted the largest gains.
- Hof led the increases with a 10.2% rise in offer prices to about €1,799 per square metre and Landkreis Hof rose 10.0%, while Kronach, Kulmbach and Lichtenfels recorded near-double-digit growth.
- Major cities showed more moderate growth with Nürnberg up 5.1% and Augsburg up 5.0%, while high-price Alpine-foothill districts such as Miesbach and Garmisch-Partenkirchen continued to rise and remain among the most expensive areas.
- Immoscout24 rent data reported July 27, 2026 show Munich’s average asking rent at €20.28 per square metre and elevated rents in the Munich commuter belt, underlining ongoing affordability pressure near the city.
- Land-market data and analysts say the pattern reflects limited buyer capacity in very expensive places, larger percentage gains from low price bases in rural areas, and continued demand for lower-entry markets that can offer rental yield.