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Housing market · October 2026

Palmira housing market

What it costs to buy and rent in Palmira, Colombia, computed from 1,222 continuously monitored listings.

TuLugar Price Index

$1,264/m²

Price per m² (sale)

2-bedroom apartment

$65,134

Median apartment rent

$330/mes

Monitored listings

1,222

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Price history in Palmira

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$1,275———$139,496

By property type

TypeListingsMedian sale$/m²*
ApartmentsView →
18818%$82K$1,206
HousesView →
66763%$130K$702
LandView →
14614%$197K$116
CommercialView →
545%$202K$769

*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
Studiono data——
1 bedroom1——
2 bedrooms29$65K$1,182
3 bedrooms36$97K$1,254
4 bedrooms3——
5+ bedrooms4——

By bedroom count — Houses

HouseslistingsMedian$/m²
Studiono data——
1 bedroom1——
2 bedrooms8$57K$747
3 bedrooms61$115K$901
4 bedrooms44$144K$791
5+ bedrooms60$167K$598

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 m²38$108K—
Residential plot500 – 2,000 m²42$147K—
Suburban estate2,000 – 10,000 m²39$197K$56
Rural / farm> 1 ha21$1M—

Price distribution

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

Price distribution — sale

<$50K
43
$50K-$100K
337
$100K-$200K
393
$200K-$500K
193
$500K-$1M
58
>$1M
30

Price distribution — rent

<$300
35
$300-$600
60
$600-$1K
16
$1K-$2K
26
$2K-$5K
16
>$5K
13

Projects

New developments with available units.

Active developers

Companies with active projects here.

SolanillasJaramillo Mora ConstructoraConstructora MelendezRubio PromotoresRuiz Arevalo Constructora - Corasa

Frequently Asked Questions about Palmira

In Palmira, the median asking price of an apartment for sale is $82K. By type: apartments $82K, houses $130K, land $197K. The neighborhood with the most supply is , where the median apartment costs —. The median apartment price per square meter is $1.264/m² — useful for comparing real value across neighborhoods and with other cities in the region.
Explore the neighborhoods section above to compare prices and availability across different areas of Palmira.
It depends on how long you plan to stay. With a median apartment price of $82K and a median apartment rent of $330/mo, the price-to-rent ratio in Palmira favors buying if you're staying 3+ years. There are currently 1055 properties for sale and 167 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 Palmira market has 1222 monitored properties, with a median apartment price of $82K and a median apartment price per m² of $1.264/m². With 1055 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 1,222 listings in Palmira, 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 2026-10-02 · refreshed 2026-10-02 03:00 UTC

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