House prices in Portugal

Figures are the median price per m² of homes actually sold from April 2025 to March 2026, according to the INE, based on deeds and private gross area. Half the homes sold above and half below that figure.

The change in a year compares with the previous 12 months (April 2024 to March 2025). We only show it where the INE has enough sales to also publish a new-homes price in both years. In municipalities with few sales the median swings a lot from year to year depending on which homes happened to sell, so the change would not be reliable. For a district, we show the change of the typical municipality (the median of its municipalities’ changes) only when at least 5 municipalities, and 40% of those with a price, have a reliable change.

The INE does not publish prices by district. For each district we show the typical municipality: the median of its municipalities’ values, for each figure (price, existing homes, new homes and bank valuation).

The INE only publishes figures where there are enough sales. Of about 3,000 parishes, 350 have their own figure; for the others we show the municipality value.

Each municipality panel also shows the bank valuation, the value per m² that banks give to homes bought with a mortgage. In cities it is very close to the sale price. In inland municipalities it can be much higher, because many homes sold there are old, bought without a mortgage and never valued by a bank.