Get all the data you need about the real estate market in Cabo San Lucas
This article is updated regularly so the figures you see here reflect the Cabo San Lucas housing market as of 2026.
House prices in Cabo San Lucas vary widely across neighborhoods, from ultra-luxury hilltop estates to more affordable inland areas for first-time buyers.
Whether you are looking for a beachfront villa or a budget-friendly family home, this guide breaks down what you can realistically expect to pay in each part of the city.
And if you're planning to buy a property in this place, you may want to download our real estate pack about Cabo San Lucas.
A quick summary table
| Metric | Value |
|---|---|
| Most expensive Cabo San Lucas neighborhood for houses | Pedregal |
| Most affordable Cabo San Lucas neighborhood for houses | Caribe Bajo |
| Average price per square meter across all Cabo San Lucas neighborhoods | MXN 55,000 |
| Median house price across Cabo San Lucas | MXN 9,500,000 |
| Lowest realistic starting budget to buy a house in Cabo San Lucas | MXN 2,800,000 |
| Most expensive house type in Cabo San Lucas (by bedroom count) | Four-bedroom house |
| Most affordable house type in Cabo San Lucas (by bedroom count) | Two-bedroom house |
| Average price for a two-bedroom house in Cabo San Lucas | MXN 7,000,000 |
| Average price for a three-bedroom house in Cabo San Lucas | MXN 10,700,000 |
| Average price for a four-bedroom house in Cabo San Lucas | MXN 16,000,000 |
| Price gap between the most and least expensive Cabo San Lucas neighborhood | MXN 53,000 per square meter (from MXN 32,000 to MXN 85,000) |
| Price spread across Cabo San Lucas neighborhoods | 2.5x between the cheapest and most expensive area |
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Cabo San Lucas neighborhoods in 2026 ranked by house purchase price
This table ranks the top neighborhoods in the Cabo San Lucas housing market by house purchase price, from the most expensive to the most affordable.
For each neighborhood, the table includes the average price per square meter, the median property price, the starting budget, the average price for a two-bedroom house, a three-bedroom house, and a four-bedroom house, the typical buyer profile, the key advantages, the key drawbacks, and the market segment.
Finally, please note you'll find much more detailed data in our real estate pack about Cabo San Lucas.
| Rank | Neighborhood | Average Price per Square Meter | Median Property Price | Starting Budget | Average Price for a Two-Bedroom House | Average Price for a Three-Bedroom House | Average Price for a Four-Bedroom House | Typical Buyers | Key Pros | Key Cons | Market Segment |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Pedregal | MXN 85,000 | MXN 25,000,000 | MXN 18,000,000 | MXN 18,000,000 | MXN 25,000,000 | MXN 40,000,000 | Ultra-wealthy buyers, often foreign second-home seekers | Gated hilltop community with panoramic ocean views, strong resale demand, prestige address, and high level of privacy | Very high entry prices, steep terrain, significant HOA costs, and an extremely limited supply of available homes | Luxury |
| 2 | Cabo del Sol | MXN 78,000 | MXN 22,000,000 | MXN 15,000,000 | MXN 16,000,000 | MXN 22,000,000 | MXN 35,000,000 | Luxury golf lifestyle buyers and vacation home investors | Full resort living with golf courses, beachfront proximity, premium infrastructure, and strong short-term rental appeal | High resort fees, expensive to enter, limited connection to local Cabo San Lucas culture, and seasonal occupancy patterns | Luxury |
| 3 | Palmilla | MXN 75,000 | MXN 21,000,000 | MXN 14,000,000 | MXN 15,000,000 | MXN 21,000,000 | MXN 33,000,000 | High-income families and established luxury buyers | One of Cabo San Lucas's most respected luxury addresses, with direct beach access, strong long-term value, and a secure gated environment | High ongoing maintenance costs, strict HOA rules, and very few options below the top price tier | Luxury |
| 4 | El Tezal (Upper) | MXN 60,000 | MXN 12,500,000 | MXN 8,500,000 | MXN 9,000,000 | MXN 12,500,000 | MXN 18,000,000 | Expat families and professional buyers relocating to Cabo San Lucas | Elevated views, newer home construction, improving local infrastructure, and convenient access to downtown Cabo San Lucas | Traffic congestion during peak hours, active construction nearby, and road quality is uneven in some sections | Premium |
| 5 | Rancho Paraiso | MXN 58,000 | MXN 11,800,000 | MXN 8,000,000 | MXN 8,500,000 | MXN 11,800,000 | MXN 17,000,000 | Luxury suburban buyers looking for space and quiet in Cabo San Lucas | Quiet gated living, generously sized lots, good privacy, and newer developments with modern finishes | Fully car-dependent, very limited walkability, and fewer nearby services compared to central Cabo San Lucas areas | Premium |
| 6 | El Tezal (Lower) | MXN 52,000 | MXN 9,500,000 | MXN 6,500,000 | MXN 7,000,000 | MXN 9,500,000 | MXN 14,000,000 | Growing families looking to upgrade within Cabo San Lucas | Good central location, reputable schools nearby, strong buyer demand, and solid value for the amount of space you get | Traffic is a persistent issue, mixed development quality across streets, and some noise from main roads | Premium |
| 7 | Cabo Bello | MXN 50,000 | MXN 9,000,000 | MXN 6,000,000 | MXN 6,500,000 | MXN 9,000,000 | MXN 13,000,000 | Beach-focused buyers wanting a gated Cabo San Lucas address | Private beach access, gated community feel, and close proximity to the main Cabo San Lucas tourist corridor | Limited inventory, some aging properties that need updating, and HOA restrictions that limit certain renovations | Mid-Market |
| 8 | Misiones del Cabo | MXN 45,000 | MXN 7,800,000 | MXN 5,500,000 | MXN 5,800,000 | MXN 7,800,000 | MXN 11,000,000 | Lifestyle buyers drawn to ocean proximity and scenic Cabo San Lucas views | Close to the ocean, strong short-term rental demand, scenic surroundings, and a compact and manageable community size | Houses tend to be smaller, the area mixes different property types, and tourism noise can be noticeable | Mid-Market |
| 9 | Lomas del Faro | MXN 42,000 | MXN 7,200,000 | MXN 5,000,000 | MXN 5,500,000 | MXN 7,200,000 | MXN 10,500,000 | Local families seeking good value within Cabo San Lucas | Established neighborhood with consistent demand, good proximity to everyday services and schools, and solid value for money | Older housing stock throughout, uneven property quality across streets, and limited appeal to luxury-focused buyers | Mid-Market |
| 10 | Brisas del Pacífico | MXN 38,000 | MXN 5,800,000 | MXN 4,000,000 | MXN 4,500,000 | MXN 5,800,000 | MXN 8,500,000 | First-time buyers and young families entering the Cabo San Lucas market | Accessible entry price, residential and family-friendly atmosphere, and growing local infrastructure investment | Further from the beach than most other neighborhoods, fewer nearby amenities, and historically slower price appreciation | Affordable |
| 11 | Chula Vista | MXN 35,000 | MXN 4,800,000 | MXN 3,200,000 | MXN 3,800,000 | MXN 4,800,000 | MXN 7,000,000 | Budget-conscious families looking for a standalone house in Cabo San Lucas | Low entry price point, steady demand from local Cabo San Lucas buyers, and accessible for first-time homeowners | Basic infrastructure, fewer nearby services, and limited potential for strong resale price growth | Budget |
| 12 | Caribe Bajo | MXN 32,000 | MXN 4,200,000 | MXN 2,800,000 | MXN 3,200,000 | MXN 4,200,000 | MXN 6,500,000 | Value buyers and budget buyers seeking the lowest entry point in Cabo San Lucas | The most affordable starting point for a house purchase in Cabo San Lucas, strong local demand, and gradual infrastructure improvements underway | Located far from tourist areas and the waterfront, limited nearby amenities, and slower capital appreciation compared to other Cabo San Lucas neighborhoods | Budget |
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Key insights about house purchase prices in Cabo San Lucas
Insights
- Cabo San Lucas house prices range from MXN 32,000 to MXN 85,000 per square meter, meaning the most expensive neighborhoods cost more than two and a half times the cheapest ones. That is a very wide spread for a single city.
- In Cabo San Lucas luxury zones like Pedregal and Palmilla, you need at least MXN 14,000,000 just to get started. That minimum entry budget is higher than the median house price in most of the city's mid-market neighborhoods.
- Houses with ocean views in Cabo San Lucas command a 30 to 60 percent price premium per square meter compared to equivalent homes without a sea view. The view alone can cost tens of millions of pesos more.
- A three-bedroom house in Cabo San Lucas consistently costs 20 to 30 percent more than a two-bedroom house across all neighborhoods, making bedroom count one of the most reliable price drivers in the market.
- El Tezal acts as the main bridge between the luxury and the affordable segments of the Cabo San Lucas housing market. Both its upper and lower parts attract a different buyer profile, at price points spread across MXN 7,000,000 to MXN 18,000,000 for houses.
- Gated communities dominate the premium and luxury house segments in Cabo San Lucas. If you want a standalone house above MXN 8,000,000, you are almost always buying inside a managed, secured development.
- The most affordable Cabo San Lucas neighborhoods, such as Caribe Bajo and Chula Vista, are inland and further from the ocean. The price discount they offer is directly linked to beach distance and infrastructure quality.
- Cabo San Lucas luxury house prices are heavily driven by foreign buyers and second-home demand. When international demand softens, luxury segment liquidity tends to follow, which creates more risk for buyers at the top of the market.
- A four-bedroom house in Pedregal costs MXN 40,000,000. The same four-bedroom format in Caribe Bajo costs MXN 6,500,000. That is a price difference of more than six times between the top and bottom of the Cabo San Lucas house market.
- New developments in El Tezal and Rancho Paraiso are driving the main supply growth for modern houses in Cabo San Lucas. These areas offer newer builds at more accessible prices than established luxury zones, which makes them increasingly attractive to relocating families and expats.
- Traffic congestion is a recurring downside in the faster-growing mid-tier neighborhoods of Cabo San Lucas, particularly in El Tezal. Infrastructure has not kept pace with population growth, and this affects daily quality of life.
- Budget neighborhoods in Cabo San Lucas rely almost entirely on local owner-occupiers. This means they have a thinner resale market and lower liquidity compared to areas that attract international buyers.
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About our methodology
This analysis focuses specifically on house purchase prices in Cabo San Lucas. It covers standalone houses only, excluding condos, apartments, and mixed-format properties, because the pricing dynamics for those are different and would distort the comparison.
We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in our real estate pack about Cabo San Lucas.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Cabo San Lucas neighborhood, we aggregated the freshest house purchase price data available. When possible, we cross-checked multiple sources to confirm the same price range.
This allowed us to estimate the average price per square meter and the median property price for each neighborhood in Cabo San Lucas.
We also calculated the starting budget, which represents the lowest realistic entry point to buy a house in that neighborhood. This is not the cheapest possible listing, but a real, achievable floor for a standard house purchase in Cabo San Lucas.
For each house category, we estimated an average purchase price based on local market conventions in Cabo San Lucas. The typical size and layout of a two-bedroom, a three-bedroom, and a four-bedroom house can vary across neighborhoods, so we adapted our estimates accordingly.
These estimates were not applied as one flat number across the city. They were adjusted by Cabo San Lucas neighborhood and house type to better reflect local ownership conditions and price levels.
This table should therefore be read as a structured market estimate, not as an exact guarantee of transaction prices. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Cabo San Lucas.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our real estate pack about Cabo San Lucas, we rely on verifiable sources and a transparent methodology.
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 Is Authoritative | How We Used It |
|---|---|---|
| INEGI | Mexico's official national statistics agency, responsible for all major housing and economic data at the national level. | We used INEGI to understand national housing price structures and regional differences across Mexico. We then applied Cabo San Lucas-specific premiums on top of those national benchmarks. |
| Banxico (Bank of Mexico) | Mexico's central bank, which tracks macroeconomic indicators including a national house price index used by economists and analysts. | We used Banxico data to benchmark national house price growth trends over recent years. We then adjusted Cabo San Lucas pricing upward to reflect the tourism-driven premium of the local market. |
| Sociedad Hipotecaria Federal (SHF) | Mexico's official housing finance institution, which publishes detailed residential price indices broken down by region and property type. | We used SHF house price indices to anchor our price per square meter estimates at a national level. We then triangulated those figures with active local agent listings in Cabo San Lucas. |
| Lamudi Mexico | One of the largest real estate listing platforms in Mexico, with structured market reports and verified property data across major cities. | We used Lamudi to identify buyer profiles and neighborhood demand patterns in Cabo San Lucas. We cross-checked house-only listings to filter out condos and apartments from our analysis. |
| Realtor.com International | A globally recognized property marketplace with verified listings and consistent pricing methodology across international markets. | We used Realtor to estimate median house prices and average pricing by bedroom count in Cabo San Lucas. We filtered strictly for detached houses to keep the analysis consistent. |
| Baja Real Estate MLS | A local MLS-style aggregator widely used by brokers operating in Baja California Sur, giving it strong coverage of neighborhood-level transaction data. | We used MLS listings to refine neighborhood-level pricing across Cabo San Lucas. We triangulated this local data with global portals to avoid single-source bias. |
| Knight Frank | A leading global real estate consultancy with a well-regarded annual residential research report covering luxury resort and prime markets worldwide. | We used Knight Frank to understand how luxury market segmentation works in resort cities comparable to Cabo San Lucas. We applied those segmentation frameworks to define the luxury, premium, mid-market, and budget tiers in our table. |
| Mexico News Daily | A reputable English-language publication covering Mexico with articles that regularly cite official government and economic data sources. | We used Mexico News Daily for contextual pricing commentary and recent trend reporting specific to Cabo San Lucas. We verified all figures mentioned against primary official sources before including them. |
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