Authored by the expert who managed and guided the team behind the Colombia Property Pack
Yes, the analysis of Antioquia's property market is included in our pack
If you are looking at the Antioquia real estate market in 2026, you are probably wondering how homes are selling, what prices look like, and whether now is a good time to buy.
We constantly update this blog post with the latest data on housing prices in Antioquia and how the market is performing, so you always get fresh numbers.
Below, you will find current market conditions, neighborhood breakdowns, and concrete examples of what your budget can buy in Antioquia in 2026.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Antioquia.
How's the real estate market going in Antioquia in 2026?
What's the average days-on-market in Antioquia in 2026?
As of early 2026, the estimated average days-on-market for residential properties in Antioquia is between 120 and 210 days, which means most homes take roughly 4 to 7 months to sell from listing to closing.
That said, the realistic range varies quite a bit depending on the property type and price point: well-priced apartments in high-demand areas like El Poblado, Laureles, or Envigado often move in 90 to 150 days, while higher-ticket or niche properties can sit on the market for more than 7 months.
Compared to one or two years ago, this selling window in Antioquia has stayed relatively stable, though tighter supply in popular neighborhoods has slightly shortened the time for correctly priced units, especially in the used-home segment where most transactions happen.
Are properties selling above or below asking in Antioquia in 2026?
As of early 2026, the estimated average sale-to-asking price ratio for residential properties in Antioquia is roughly 92% to 97%, meaning most deals close about 3% to 8% below the original asking price.
In practical terms, the majority of Antioquia properties sell at or below asking, with only about 10% to 15% of transactions closing at or above the listed price, and this typically happens with well-renovated units in high-demand micro-areas where buyer competition is strong, though we should note this estimate carries some uncertainty since Colombia does not publish official sale-to-ask ratios.
The neighborhoods most likely to see above-asking sales in Antioquia are tightly supplied areas like Manila in El Poblado, parts of Laureles near La 70, and newer developments in Envigado, where turnkey apartments with good amenities and parking attract multiple interested buyers at once.
By the way, you will find much more detailed data in our property pack covering the real estate market in Antioquia.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Colombia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
What kinds of residential properties can I realistically buy in Antioquia?
What property types dominate in Antioquia right now?
The estimated breakdown of the most common residential property types for sale in Antioquia right now is roughly 65% apartments, 20% houses and townhomes, and 15% country homes or fincas, with the exact mix shifting depending on whether you look at urban Medellin or the surrounding municipalities.
Urban apartments clearly represent the largest share of the Antioquia market, especially in the Valle de Aburra corridor that includes Medellin, Envigado, Sabaneta, and Itagui, where vertical living is the norm.
This dominance of apartments in Antioquia happened because Medellin's geography, a narrow valley surrounded by mountains, naturally pushed development upward rather than outward, combined with a strong local culture of condo-style living that offers security, shared amenities, and walkability.
If you want to know more, you should read our dedicated analyses:
Are new builds widely available in Antioquia right now?
The estimated share of new-build properties among all residential listings currently available in Antioquia is around 25% to 35%, with used homes making up the clear majority of what buyers actually see and purchase.
As of early 2026, the neighborhoods with the highest concentration of new-build developments in Antioquia include parts of Sabaneta, Envigado's expanding eastern edge, La Estrella, and certain projects in Rionegro and Llanogrande in Eastern Antioquia, though supply has tightened since developers became more conservative after 2022 and now require higher pre-sales before breaking ground.
Get fresh and reliable information about the market in Antioquia
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Which neighborhoods are improving fastest in Antioquia in 2026?
Which areas in Antioquia are gentrifying in 2026?
As of early 2026, the top neighborhoods in Antioquia currently showing the clearest signs of gentrification are Manila in El Poblado, Ciudad del Rio on the El Poblado edge, parts of Laureles near La 70 and Floresta, and the Buenos Aires corridor along the Tranvia line in eastern Medellin.
The visible changes that indicate gentrification is underway in these Antioquia areas include the rapid opening of specialty coffee shops, coworking spaces, and international restaurants in Manila, the renovation of older apartment buildings in Laureles with modern finishes and higher asking rents, and the shift from informal commerce to formalized retail along the Buenos Aires Tranvia stops.
Over the past two to three years, these gentrifying neighborhoods in Antioquia have seen estimated price appreciation of roughly 8% to 12% annually in nominal terms, with Manila and Ciudad del Rio at the higher end due to strong demand from both local professionals and foreign residents.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Antioquia.
Where are infrastructure projects boosting demand in Antioquia in 2026?
As of early 2026, the top areas in Antioquia where major infrastructure projects are currently boosting housing demand are west Medellin along the Metro de la 80 corridor, Eastern Antioquia around the Jose Maria Cordova airport in Rionegro, and the Uraba region near the new Puerto Antioquia port project.
The specific infrastructure projects driving that demand in Antioquia include the Metro de la 80, a new metro line connecting west-side neighborhoods like Robledo, Floresta, and Calasanz to the city center, the airport master plan expansion at Jose Maria Cordova that will increase international capacity, and the Puerto Antioquia deep-water port plus the Autopista al Mar 1 highway that are transforming connectivity to the Uraba Gulf.
The estimated timelines for completion of these major projects in Antioquia are: Metro de la 80 is expected to be operational between 2027 and 2028, the airport expansion planning is ongoing with phased improvements through 2030, and Puerto Antioquia is already 55% complete with full operations expected around 2026 to 2027.
The typical price impact on nearby properties in Antioquia is an estimated 5% to 10% bump when such infrastructure projects are announced, followed by an additional 10% to 20% appreciation as projects near completion and connectivity improvements become tangible, though this varies significantly by micro-location.
We have made this infographic to give you a quick and clear snapshot of the property market in Colombia. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
What do locals and insiders say the market feels like in Antioquia?
Do people think homes are overpriced in Antioquia in 2026?
As of early 2026, the general sentiment among locals and market insiders in Antioquia is mixed: many feel that prime areas like El Poblado and parts of Laureles are priced for perfection, while surrounding municipalities like Bello, Itagui, and parts of Envigado still offer reasonable value.
The specific evidence locals typically cite when arguing homes are overpriced in Antioquia includes the long selling windows of 6+ months for many listings, the perception that asking prices have outpaced local salary growth, and comparisons to what similar money could buy just three or four years ago in the same neighborhoods.
On the other side, those who believe prices are fair in Antioquia point to persistent demand from both domestic buyers and international residents, the limited buildable land in the valley, and the fact that deals still close regularly in high-demand areas, which suggests prices are meeting willing buyers.
The price-to-income ratio in Antioquia, particularly in Medellin, is estimated at around 15 to 18 times the average annual household income, which is higher than the Colombian national average of roughly 12 to 14 times, reflecting Medellin's status as a premium market within the country.
What are common buyer mistakes people regret in Antioquia right now?
The most frequently cited buyer mistake people regret in Antioquia is underestimating the monthly HOA fees (called "administracion") and upcoming building maintenance costs, especially in older El Poblado or Laureles towers where elevator repairs, facade work, or water pump replacements can trigger special assessments that catch new owners off guard.
The second most common buyer mistake in Antioquia is purchasing for the view or the neighborhood name without checking daily-life friction like nightclub noise in Provenza, steep access roads that flood during rainy season, or buildings where short-term rental restrictions make your investment strategy impossible.
If you want to go deeper, you can check our list of risks and pitfalls people face when buying property in Antioquia.
It's because of these mistakes that we have decided to build our pack covering the property buying process in Antioquia.
Get the full checklist for your due diligence in Antioquia
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How easy is it for foreigners to buy in Antioquia in 2026?
Do foreigners face extra challenges in Antioquia right now?
The estimated overall difficulty level for foreigners buying property in Antioquia is moderate to high compared to local buyers, not because of legal restrictions (foreigners have the same ownership rights as Colombians) but because of heavier paperwork, banking friction, and process unfamiliarity.
The specific additional requirements that apply to foreign buyers in Antioquia include registering your incoming funds as foreign investment with Banco de la Republica within 12 months of purchase (which protects your right to repatriate money later), providing translated and apostilled source-of-funds documentation, and obtaining a Cedula de Extranjeria if you plan to open local bank accounts or apply for financing.
The practical challenges foreigners most commonly encounter in Antioquia include the fact that most notaries, property administrators, and sellers operate entirely in Spanish, that coordinating among the notary, bank, seller, and building admin within a tight closing window requires local knowledge, and that many buildings have their own internal approval processes for new owners that can delay transactions.
We will tell you more in our blog article about foreigner property ownership in Antioquia.
Do banks lend to foreigners in Antioquia in 2026?
As of early 2026, mortgage financing is technically available to foreign buyers in Antioquia, but only those with legal residency status (Migrant or Resident visa), local income sources, and an established Colombian banking history of at least 6 to 18 months will realistically qualify.
The typical loan-to-value ratios foreign buyers can expect in Antioquia range from 50% to 70%, meaning down payments of 30% to 50% are standard, and interest rates for qualified foreign borrowers run between 10% and 18% annually depending on the bank, loan term, and borrower profile, which is significantly higher than rates in North America or Europe.
The documentation banks typically demand from foreign applicants in Antioquia includes a valid Cedula de Extranjeria, proof of Colombian-sourced income for at least six months, local bank statements showing financial stability, and sometimes translated tax returns or employment verification from your home country.
You can also read our latest update about mortgage and interest rates in Colombia.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Colombia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How risky is buying in Antioquia compared to other nearby markets?
Is Antioquia more volatile than nearby places in 2026?
As of early 2026, Antioquia (driven primarily by Medellin) shows moderate price volatility compared to nearby Colombian markets like Bogota and the Caribbean coast: it tends to move faster on the upside during good times but also shows more sensitivity to tourism and investor sentiment shifts.
Over the past decade, Antioquia has experienced price swings that were slightly more pronounced than Bogota's steadier appreciation, but less dramatic than Cartagena's boom-and-bust cycles, with Medellin's used-home prices generally rising 4% to 10% annually in nominal terms during growth periods and flattening rather than crashing during slowdowns.
If you want to go into more details, we also have a blog article detailing the updated housing prices in Antioquia.
Is Antioquia resilient during downturns historically?
The estimated historical resilience of Antioquia property values during past economic downturns is relatively strong compared to other Colombian regions, mainly because Medellin has a diversified services economy, steady internal migration from other parts of Colombia, and persistent rental demand that supports floor prices.
During the most recent major downturn, the 2020 pandemic shock, property prices in Antioquia initially stalled and transaction volumes dropped sharply, but prices recovered within 12 to 18 months and then accelerated, unlike some markets that took years to bounce back.
The property types and neighborhoods in Antioquia that have historically held value best during downturns are mid-range apartments in established middle-class areas like Laureles, Belen, and Envigado, where local buyer demand stays steady because these are genuine live-in neighborhoods rather than investor-heavy or tourism-dependent zones.
Get to know the market before you buy a property in Antioquia
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How strong is rental demand behind the scenes in Antioquia in 2026?
Is long-term rental demand growing in Antioquia in 2026?
As of early 2026, long-term rental demand in Antioquia remains structurally strong and continues to grow, driven by a high proportion of renters in the population, steady job creation in Medellin's services and tech sectors, and ongoing domestic migration from other Colombian regions.
The tenant demographics driving long-term rental demand in Antioquia are primarily young professionals working in Medellin's growing tech and services industries, families seeking quality schools in municipalities like Envigado and Sabaneta, and increasingly, remote workers from other parts of Colombia attracted by Medellin's climate and lifestyle.
The neighborhoods in Antioquia with the strongest long-term rental demand right now are Laureles-Estadio (popular with local professionals and longer-stay foreigners), Belen (affordable and well-connected), Envigado (family-friendly with good schools), and Sabaneta (younger crowd, metro-connected), all of which see consistent tenant turnover without extended vacancy periods.
You might want to check our latest analysis about rental yields in Antioquia.
Is short-term rental demand growing in Antioquia in 2026?
The regulatory changes currently affecting short-term rental operations in Antioquia include mandatory registration with Colombia's National Tourism Registry (RNT), increased enforcement audits announced by Medellin's mayor targeting platforms like Airbnb and Booking, and building-level restrictions where many condo associations now prohibit rentals shorter than 30 days.
As of early 2026, the growth trend for short-term rental demand in Antioquia remains positive but is maturing: the market has roughly 12,000 to 19,000 active listings in Medellin alone, and while international visitor numbers continue to rise, the supply of STR units has also increased significantly, creating more competition among hosts.
The current estimated average occupancy rate for short-term rentals in Antioquia, specifically Medellin, is around 49% to 55%, with significant seasonality that peaks in December and dips in September and October, and top-performing properties in prime locations can achieve 60% to 70% occupancy.
The guest demographics driving short-term rental demand in Antioquia are primarily international tourists (especially from the US, Europe, and other Latin American countries), digital nomads staying for one to three months, and business travelers, with Medellin receiving about 25% of all international visitors to Colombia.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Antioquia.
We made this infographic to show you how property prices in Colombia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What are the realistic short-term and long-term projections for Antioquia in 2026?
What's the 12-month outlook for demand in Antioquia in 2026?
As of early 2026, the estimated 12-month demand outlook for residential property in Antioquia is steady to firm, with well-located apartments in desirable neighborhoods expected to continue attracting both local and foreign buyers, though price-sensitivity remains high and sellers who overprice will face longer selling windows.
The key economic and political factors most likely to influence demand in Antioquia over the next 12 months are the trajectory of mortgage interest rates (which BBVA Research expects to ease gradually, supporting demand), the continued growth of international tourism and digital nomad arrivals, and any further government policy changes affecting foreign investment or short-term rentals.
The forecasted price movement for Antioquia over the next 12 months is an estimated 5% to 9% nominal increase for desirable properties in strong locations, which translates to roughly flat to modest gains in real terms after accounting for inflation, with better-located units outperforming the average.
By the way, we also have an update regarding price forecasts in Colombia.
What's the 3-5 year outlook for housing in Antioquia in 2026?
As of early 2026, the estimated 3 to 5 year outlook for housing prices and demand in Antioquia is positive but uneven, with returns expected to be driven more by specific micro-location selection than by broad regional appreciation, and infrastructure-connected areas likely to outperform established premium zones in percentage terms.
The major development projects expected to shape Antioquia over the next 3 to 5 years include the completion of the Metro de la 80 (which will transform west Medellin accessibility), ongoing airport capacity expansion at Jose Maria Cordova, the full operation of Puerto Antioquia and improved highway connectivity to Uraba, and continued densification of the Valle de Aburra southern corridor.
The single biggest uncertainty that could alter the 3 to 5 year outlook for Antioquia is whether short-term rental regulations tighten dramatically and simultaneously coincide with a tourism slowdown, which would particularly impact investor-heavy buildings in El Poblado and reduce overall demand from the foreign buyer segment that has supported prices in recent years.
Are demographics or other trends pushing prices up in Antioquia in 2026?
As of early 2026, the estimated impact of demographic trends on housing prices in Antioquia is moderately positive, with continued population growth, domestic migration into Medellin, and household formation rates all supporting steady demand, though not at the explosive levels seen during the post-pandemic period.
The specific demographic shifts most affecting prices in Antioquia are the ongoing migration of professionals and families from other Colombian regions seeking Medellin's economic opportunities and quality of life, the growth of single-person and small households that prefer urban apartments, and the aging of wealthier Colombians who are relocating to Medellin's pleasant climate from hotter coastal cities.
Beyond demographics, the non-demographic trends also pushing prices in Antioquia include the continued arrival of remote workers and digital nomads (Medellin receives roughly 8,000 per month), foreign investment flows attracted by relatively high rental yields compared to North American and European markets, and the lifestyle appeal of Medellin's year-round spring weather and improving infrastructure.
These demographic and trend-driven price pressures in Antioquia are expected to continue for at least the next 3 to 5 years, as the underlying drivers like domestic migration, international visibility, and remote work flexibility show no signs of reversing, though the pace may moderate as the market matures.
What scenario would cause a downturn in Antioquia in 2026?
As of early 2026, the most likely scenario that could trigger a housing downturn in Antioquia is a "double hit" where short-term rental demand softens materially (due to either tourism decline or aggressive regulation) at the same time that mortgage credit stays tight, reducing both foreign investor and local buyer capacity simultaneously.
The early warning signs that would indicate such a downturn is beginning in Antioquia include a sharp increase in days-on-market beyond the current 4 to 7 month range, a noticeable rise in price reductions on El Poblado and Laureles listings, declining STR occupancy rates falling below 40%, and banks reporting higher mortgage rejection rates or tightening lending standards further.
Based on historical patterns, a potential downturn in Antioquia could realistically see prices decline 5% to 15% from peak in nominal terms over 12 to 24 months, with the most investor-heavy and STR-dependent buildings in areas like Provenza experiencing the sharpest corrections, while owner-occupied middle-class neighborhoods would likely see stagnation rather than significant price drops.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Antioquia, we always rely on the strongest methodology we can and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Banco de la Republica (IPVU Index) | It's Colombia's central bank, and its housing indices are designed for macro monitoring and policy work. | We used it to anchor price direction and volatility with an official index that includes Medellin. We treat it as the baseline for comparing Antioquia to nearby Colombian markets. |
| BBVA Research | It's a major bank research unit that clearly documents its data sources including Camacol, La Galeria Inmobiliaria, and DANE. | We used it to triangulate market cycle signals like inventory, sales recovery, and interest rate impacts. We also used its supply-tightening analysis to frame 2026 expectations. |
| Pulzo (citing Fincaraiz) | It's a national outlet explicitly attributing its dataset to Fincaraiz, a major listing platform with concrete transaction numbers. | We used it to produce confident days-on-market estimates when official DOM stats are not published. We also used its Medellin and Envigado supply ranking to keep the analysis Antioquia-specific. |
| Metro de Medellin | It's the transit operator and project owner, so project status and corridor information are first-party and official. | We used it to map which west and central Medellin corridors are structurally improving. We then converted that into specific neighborhood examples buyers can actually search. |
| Aerocivil | It's the national civil aviation authority, so airport expansion pipeline information is as official as it gets. | We used it to identify infrastructure that can shift demand toward Eastern Antioquia around Rionegro. We translated the project into practical signals about where demand may tighten. |
| ANI (Agencia Nacional de Infraestructura) | It's the national infrastructure agency, so it's a primary source for large logistics and highway projects. | We used it to explain why Uraba can see medium-term demand changes from port and road connectivity. We kept it practical by connecting logistics and jobs to housing demand patterns. |
| AirDNA | It's a widely used global STR analytics provider with transparent core metrics like occupancy, ADR, and revenue. | We used it to estimate current STR occupancy and revenue levels for Medellin as a proxy for Antioquia's short-term rental engine. We kept it clearly separated from long-term rental fundamentals. |
| SIT Medellin (Tourism Observatory) | It's the city's official tourism intelligence system built to track visitors, connectivity, and lodging indicators. | We used it to validate whether visitor flows support short-term rental demand in Medellin. We treat tourism as a demand-side input rather than a direct price predictor. |
| MinCIT (Ministry of Commerce) | It's the national tourism ministry citing official Migracion Colombia immigration data in a structured release. | We used it to triangulate international visitor growth with an official government narrative and timeframe. We used it as a second confirmation layer for tourism demand trends. |
| Asobancaria | It's the Colombian banking association, and it publishes finance-market notes used by lenders and regulators. | We used it to ground how important used housing is in mortgage finance. We also used its Medellin-specific housing characterization to inform realistic buyer expectations. |
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