The highest average price for residential property in Italy in October 2025 was registered in the region of Trentino South-Tyrol, followed by Liguria and Aosta Valley. These three regions ranked as the most expensive in the country also because of their strategic position, natural beauty and peculiarity. These characteristics make them economically successful and, from a touristic point of view, appealing to a wealthy public. In Trentino South-Tyrol, the square meter price of residential real estate was over ***** euros, over ***** euros above the country average. Lombardy: the most active market in the sector The region of Lombardy (which includes Milan) might not be as exclusive as the regions mentioned above, but its real estate market is the most active in Italy. In 2024, Lombardy registered over 151,000 transactions in the residential real estate segment. Moreover, the total value of these transactions amounted to almost ** billion euros. Milan, an attractive destination for investments Thanks to its role as a capital of business and finance as well as an innovation hub, Milan was able to attract human capital and investments, both domestic and foreign. The ability to grow and innovate was also reflected in the city’s real estate market, the most dynamic in the country. The number of transactions in residential real estate in Milan increased steadily since 2012 and so did prices: some areas of the city are among the most expensive in the country to buy a property.

Graph and download economic data for Real Residential Property Prices for Italy (QITR628BIS) from Q1 1947 to Q2 2025 about Italy, residential, HPI, housing, real, price index, indexes, and price.

Housing Index in Italy increased to 116.40 points in the second quarter of 2025 from 113.30 points in the first quarter of 2025. This dataset provides - Italy House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• Italy house prices grew 3.9% YoY in Jun 2025, following an increase of 4.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2011 to Jun 2025, with an average growth rate of -0.5%.
• House price data reached an all-time high of 5.2% in Jun 2022 and a record low of -7.1% in Mar 2013.

The House Price Index (HPI) measures the evolution of market prices of all residential properties that are purchased by households, regardless if bought for own-occupancy or as an investment. It can be seen that the HPI for dwellings in Italy decreased steadily, going from ***** in 2010 to *** in 2021. In 2022, the index increased to almost *** index points, meaning that home prices had risen by about seven percent since 2015 - the base year of the index.

House prices in the historical center of Rome were, unsurprisingly, the highest in the whole city. Indeed, residential properties in the city center could fetch on average ***** euros per square meter. This figure is more than double the average price for a residential property recorded in the entire city. Pricey districts in Italy Rome is not the only city in Italy where many people would want to live, with fancy and attractive districts. In fact, Milan is the city that boasts the districts with the highest prices in the country. Furthermore, the districts of San Marco and Rialto in Venice are also very on demand: a residential property in the most central areas of the city island cost over ***** euros per square meter. Residential real estate in Italy House prices in Italy decreased steadily since 2012, and so did interest rates on new mortgage loans. These favorable conditions brought new life to the residential real estate market in the country. The number of transactions increased steadily after reaching an all-time low in 2013. Moreover, low prices in many Italian cities attract individuals interested in purchasing residential real estate for investment.

Italy Residential Property Price: Average: Rome data was reported at 2,838.376 EUR/sq m in 2022. This records an increase from the previous number of 2,748.073 EUR/sq m for 2021. Italy Residential Property Price: Average: Rome data is updated yearly, averaging 2,932.702 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3,650.078 EUR/sq m in 2008 and a record low of 2,672.128 EUR/sq m in 2020. Italy Residential Property Price: Average: Rome data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Selling prices for residential real estate in the city of Florence in Italy show significant differences depending on the area. In fact, in ************, residential properties in districts like Michelangelo, Porta Romana, Oltrarno (all located on the other side of the river Arno compared to the historical city center) cost roughly ***** euros per square meter. By contrast, areas like Firenze Sud and L’Isolotto, both relatively far from the city center, recorded an average selling price of ***** and ***** euros per square meter, respectively.  Residential real estate in Florence compared to other major Italian cities   The residential real estate market in Florence seems to be doing well. Selling prices for residential properties increased overall in the last few years, exceeding ***** euros per square meter in ************. In comparison, Florence's prices are between Rome's and Milan's averages. Residential properties in Rome, for instance, registered an average price of ***** euros per square meter. Office space in Italian cities  Due to more and more people moving to the cities, especially young graduates looking to start a new career, office space is also very in-demand in major cities around the world. Italy is no exception. This trend led to an increase in the price for office spaces in the north of the country. A few examples? An office in Venice can fetch on average ***** euros per square meter. Setting up a workspace in Rome and Milan seems to be cheaper. In the two major Italian cities office space cost on average approximately ************** euros per square meter.

House price index in Italy, June, 2025 The most recent value is 98.56 index points as of Q2 2025, an increase compared to the previous value of 95.94 index points. Historically, the average for Italy from Q1 1990 to Q2 2025 is 78.35 index points. The minimum of 37.43 index points was recorded in Q1 1990, while the maximum of 102.23 index points was reached in Q3 2008. | TheGlobalEconomy.com

View quarterly updates and historical trends for Italy House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Italy Residential Property Price: Average: Milan data was reported at 3,337.383 EUR/sq m in 2022. This records an increase from the previous number of 3,151.989 EUR/sq m for 2021. Italy Residential Property Price: Average: Milan data is updated yearly, averaging 3,145.717 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3,685.646 EUR/sq m in 2008 and a record low of 2,965.630 EUR/sq m in 2017. Italy Residential Property Price: Average: Milan data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

The average price of houses, apartments and residential real estate for sale in the Italian city of Venice as of October 2024, was the highest in San Marco, Rialto, at nearly ***** euros per square meter. Compared to the national average of Italy, the average prices in Venice were higher in most of the areas. In Mestre, Chirignago, Marghera, Catene, on the other hand, housing was the least expensive at around ***** euros per meter.

Italy Residential Property Price: Average: Florence data was reported at 2,471.028 EUR/sq m in 2022. This records an increase from the previous number of 2,351.246 EUR/sq m for 2021. Italy Residential Property Price: Average: Florence data is updated yearly, averaging 2,435.775 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3,267.434 EUR/sq m in 2008 and a record low of 2,336.998 EUR/sq m in 2020. Italy Residential Property Price: Average: Florence data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Discover the booming Italian condominiums and apartments market! This in-depth analysis reveals a CAGR exceeding 6.5%, driven by urbanization, tourism, and government initiatives. Learn about key players, regional trends, and growth projections for 2025-2033 in Rome, Milan, Venice, and Florence. Recent developments include: June 2022: Borgosesia purchased the full capital of Como 11 Srl, which owns 13 freshly renovated apartments in Milan's Corso Como, for EUR 7 million (USD 7.5 Million)., June 2022: DoveVivo, an Italian living firm, purchased ALTIDO, ensuring that it would emerge from the Covid crisis with a substantial infusion of capital and the ability to expand its inventory with an additional 51 properties through the combination of acquisitions.. Key drivers for this market are: 4., The growing number of high-rise buildings and skyscrapers globally has created a robust market for facade systems4.; Building owners and developers are placing greater emphasis on the overall performance of their structures. Potential restraints include: 4., High-quality facade materials and designs can be costly, making it challenging for some projects to meet budget constraint4.; Facades must comply with building codes and safety regulations, which can vary based on location. Notable trends are: Despite skyrocketing living expenses fueled by high inflation, average home prices in Italy rose..

The average price of houses, apartments and residential real estate for sale in Genoa, Italy was the highest in Albaro, Sturla. The average house price in Albaro, Sturla was around ***** euros per square meter in October 2024, exceeding the national average. In the inner city center (Centro), on the other hand, housing cost on average was nearly ***** euros per square meter.

The house price to income ratio in Italy was 86.85 points in the first quarter of 2025. This is higher than the observation from the first quarter one year earlier, when the ratio had been 86.72 points.

Real residential property prices Y-on-Y, percent change in Italy, June, 2025 The most recent value is 2.18 percent as of Q2 2025, a decline compared to the previous value of 2.71 percent. Historically, the average for Italy from Q1 1990 to Q2 2025 is 0.49 percent. The minimum of -8.88 percent was recorded in Q1 2013, while the maximum of 11.77 percent was reached in Q1 1990. | TheGlobalEconomy.com

The average price for properties for sale in the Italian municipality of Milan increased steadily between December 2016 and October 2024. Milan is one of the most expensive cities for real estate in Italy, with the sales price of residential real estate significantly exceeding the country average. Starting at ***** euros per square meter in December 2016, the average price of a square meter of property increased to ***** euros by October 2024.

Italy IT: Standardised Price-Income Ratio: sa data was reported at 89.825 Ratio in Dec 2024. This records an increase from the previous number of 89.281 Ratio for Sep 2024. Italy IT: Standardised Price-Income Ratio: sa data is updated quarterly, averaging 101.131 Ratio from Mar 1970 (Median) to Dec 2024, with 220 observations. The data reached an all-time high of 135.325 Ratio in Sep 1974 and a record low of 75.758 Ratio in Jun 1988. Italy IT: Standardised Price-Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

Italy - Median of the housing cost burden distribution: Above 60% of median equivalised income was 7.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Median of the housing cost burden distribution: Above 60% of median equivalised income - last updated from the EUROSTAT on November of 2025. Historically, Italy - Median of the housing cost burden distribution: Above 60% of median equivalised income reached a record high of 10.20% in December of 2013 and a record low of 7.80% in December of 2024.