Property prices in Madrid by town
What homes are worth in Madrid, town by town: the average value per m² from official mortgage appraisals in April – June 2026, published by the Spanish housing ministry.
| Town | Per m² | New (up to 5 years) | 12 months | Appraisals |
|---|---|---|---|---|
| Madrid | €5,418 | €6,205 | +9.4% | 11,686 |
| Pozuelo de Alarcón | €5,206 | €5,402 | +9.1% | 324 |
| Majadahonda | €5,006 | €4,784 | +15.1% | 193 |
| Alcobendas | €4,914 | €5,523 | +15.3% | 322 |
| Las Rozas de Madrid | €4,486 | — | +13.9% | 348 |
| Tres Cantos | €4,391 | €4,362 | +12.1% | 152 |
| Boadilla del Monte | €4,304 | €4,051 | +13.4% | 296 |
| San Sebastián de los Reyes | €4,041 | — | +18.5% | 262 |
| Alcorcón | €3,562 | — | +17.1% | 405 |
| Villaviciosa de Odón | €3,524 | €4,117 | +15.6% | 114 |
| Rivas-Vaciamadrid | €3,521 | — | +17.6% | 238 |
| Coslada | €3,299 | — | +16.5% | 229 |
| Getafe | €3,272 | €3,593 | +21.7% | 453 |
| Leganés | €3,254 | — | +15.5% | 467 |
| Colmenar Viejo | €3,115 | €3,098 | +17% | 210 |
| Móstoles | €3,075 | €3,397 | +18.8% | 579 |
| Torrejón de Ardoz | €3,043 | €3,519 | +16.2% | 428 |
| Collado Villalba | €2,994 | — | +16.3% | 233 |
| Pinto | €2,952 | — | +15.2% | 151 |
| Alcalá de Henares | €2,942 | €3,581 | +20.3% | 587 |
| San Fernando de Henares | €2,929 | — | +16.6% | 102 |
| Fuenlabrada | €2,922 | €3,077 | +16.4% | 523 |
| Galapagar | €2,850 | — | +14.7% | 140 |
| Arganda del Rey | €2,704 | €3,003 | +19.2% | 225 |
| Valdemoro | €2,681 | €3,048 | +15.3% | 367 |
| Navalcarnero | €2,487 | — | +18.9% | 120 |
| Parla | €2,410 | — | +16.6% | 437 |
| Aranjuez | €2,185 | — | +13% | 234 |
Official mortgage appraisals for April – June 2026: Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre. An appraised value is what licensed valuers put on homes for mortgages; it is not a sale price and usually sits below asking prices. Towns with fewer than 50 appraisals in the quarter are not shown.
Questions and answers
- Which town in Madrid is the most expensive, and which is the most affordable?
- The most expensive is Madrid — €5,418. The most affordable is Aranjuez — €2,185.
- Where do these figures come from?
- From the official source — Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre — for April – June 2026. GREM refreshes the page from that source every week.