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Housing market · September 2026

Madrid housing market

What it costs to buy and rent in Madrid, Colombia, computed from 1,088 continuously monitored listings.

TuLugar Price Index

$1,134/m²

Price per m² (sale)

2-bedroom apartment

$63,620

Median apartment rent

$333/mes

Monitored listings

1,088

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Price by neighborhood in Madrid

Where Madrid is expensive and where it is not. Every neighborhood with a usable sample, shaded by its median price per m². Tap one for its market.

Explore the full price mapHacienda Casablanca: $1,307/m²Hacienda Madrid: $1,127/m²La Estancia: $1,362/m²La Finca: $903/m²Laguna Larga: $1,136/m²Potrero Grande: $1,237/m²Madrid: apartment price per m²Median sale (USD) by region · September 2026 · tulugar.com$903–$1,362/m²Hacienda Casablanca$1,307/m²Laguna Larga$1,136/m²La Estancia$1,362/m²
$903$1,362

Median $/m² for apartments for sale. Gray = insufficient sample.

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Market pace

Median age of active listings
115 daysMoves faster than Colombia

Colombia median: 175 days

Measures how long ago the listings that are STILL on the market today were published — not how long they take to sell. Shown only where we know the real publication date for most of the inventory.

Price history in Madrid

Apartment price per m² and whole-inventory median sale price, in USD. Apartments only, so the series always compares the same kind of property month to month. Where a neighborhood has no apartments for sale the $/m² column is left empty; the median sale price beside it still carries the month. A published month is only recomputed for a stated reason, and that month’s report says so. · Download CSV

Series since August 2026. The first monthly variation is published with the following month's close.

MonthPrice per m²MoMQoQYoYMedian sale
August 2026$1,145———$69,829

Neighborhoods

Apartment prices: median sale, $/m² and rent. “Listings” counts the whole inventory.

#City / NeighborhoodListingsApt. sale$/m²MoMYoYApt. rent
1
Hacienda CasablancaView →
61$89K$1,307
——$538
2
Hacienda MadridView →
58$57K$1,127
——$304
3
La FincaView →
46$54K$903
——$311
4
Laguna LargaView →
11$57K$1,136
———
5
Puente de PiedraView →
11—————
6
La EstanciaView →
10$81K$1,362
———
7
Santa CruzView →
7—————
8
Los ÁrbolesView →
6—————
9
BoyeroView →
5—————
10
Carrasquilla (Madrid)View →
4—————

By property type

TypeListingsMedian sale$/m²*
ApartmentsView →
60179%$61K$1,068
HousesView →
11715%$118K$994
LandView →
365%$901K$145
CommercialView →
111%$103K$2,162

*Apartment and house m² is built area; land m² is the plot. A house enters its $/m² only when the source reports built area. This page’s headline uses apartments only.

By bedroom count — Apartments

ApartmentslistingsMedian$/m²
Studio1——
1 bedroomno data——
2 bedrooms65$64K$1,160
3 bedrooms334$62K$1,052
4 bedrooms4——
5+ bedroomsno data——

By bedroom count — Houses

HouseslistingsMedian$/m²
Studiono data——
1 bedroomno data——
2 bedrooms6$64K$1,175
3 bedrooms37$96K$1,052
4 bedrooms14$147K$1,030
5+ bedrooms25$182K$861

By lot size — Land

Price per m² varies dramatically between urban lots and rural plots. We show each category separately so the median represents something concrete.

By lot size — LandlistingsMedian$/m²
Urban lot< 500 m²5$182K$548
Residential plot500 – 2,000 m²4——
Suburban estate2,000 – 10,000 m²11$1M$182
Rural / farm> 1 ha14$4M$65

Price distribution

How many listings fall in each price range (USD).

Price distribution — sale

<$50K
56
$50K-$100K
553
$100K-$200K
100
$200K-$500K
22
$500K-$1M
14
>$1M
20

Price distribution — rent

<$300
90
$300-$600
198
$600-$1K
9
$1K-$2K
13
$2K-$5K
6
>$5K
7

Projects

New developments with available units.

Active developers

Companies with active projects here.

Forjar InversionesAR ConstruccionesConstructora CapitalAmarilo

Frequently Asked Questions about Madrid

In Madrid, the median asking price of an apartment for sale is $61K. By type: apartments $61K, houses $118K, land $901K. The neighborhood with the most supply is Hacienda Casablanca, where the median apartment costs $89K. The median apartment price per square meter is $1.134/m² — useful for comparing real value across neighborhoods and with other cities in the region.
The neighborhoods with the most real estate activity in Madrid are Hacienda Casablanca, Hacienda Madrid, La Finca, Laguna Larga, Puente de Piedra. Hacienda Casablanca leads with 61 properties and a median apartment price of $89K. When choosing a neighborhood, think about commute distance, public transit access, nearby amenities (grocery, healthcare, schools), and your budget. A good quality-of-life indicator is rental availability — neighborhoods with more rentals tend to have better infrastructure and services.
It depends on how long you plan to stay. With a median apartment price of $61K and a median apartment rent of $333/mo, the price-to-rent ratio in Madrid favors buying if you're staying 3+ years. There are currently 765 properties for sale and 323 for rent — solid supply that gives buyers negotiating leverage. If you're new to the city, renting first lets you explore neighborhoods before committing to a purchase.
The Madrid market has 1088 monitored properties, with a median apartment price of $61K and a median apartment price per m² of $1.134/m². With 765 properties for sale, the current supply is high — which is good for buyers: more options to choose from and more room to negotiate on price and payment terms. If you're looking for investment value, compare price per m² across neighborhoods to spot the best opportunities.
Yes, with no restrictions whatsoever. Foreigners in Colombia have the exact same rights as citizens to purchase any type of property, including land. You don't need residency or a special visa. The purchase is formalized through a public notary, who verifies the title, drafts the contract, and registers it with the Public Registry. Closing costs are around 3-4% of the property value (notary fees, transfer tax, and registration fees). Many foreign investors also apply for temporary residency, which is relatively easy to obtain in Colombia.

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Methodology

This page analyzes 1,088 listings in Madrid, Colombia.

Metrics are calculated from the active inventory TuLugar monitors across the market — both listings published on TuLugar and active agency supply tracked continuously. They are asking prices, not final transaction or closing prices.

We use medians to reduce the effect of outlier properties; $/m² only includes listings with valid area data. Prices in other currencies are converted to USD using the exchange rate available when the snapshot is refreshed.

Data is recalculated daily and can change when listings are published, updated, or deactivated.

Read the full methodology →

In parentheses: analyzed market listings, not only those published on TuLugar.

Data as of 2026-09-30 · refreshed 2026-09-30 03:00 UTC

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