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The Querétaro housing market continues to show strong momentum as of September 2025, with steady price growth and attractive rental yields drawing both local and international buyers. Property prices have increased 6.5% citywide over the past year, while premium neighborhoods like Juriquilla and Loma Dorada have seen gains of up to 14%.
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Querétaro's residential property market in September 2025 shows robust growth with apartments averaging MXN 26,804/m² and houses at MXN 22,068/m², while premium areas command MXN 36,917–64,778/m².
Rental yields remain exceptional at 8.04% citywide, and inventory shortages in affordable housing continue to support price appreciation across most neighborhoods.
| Property Type | Average Price (MXN/m²) | 12-Month Growth |
|---|---|---|
| City Center Apartments | 27,891 | 6.5% |
| City Average Houses | 22,068 | 6.5% |
| Juriquilla Premium | 30,000-50,000 | 14% |
| Loma Dorada | 35,000-45,000 | 10-12% |
| El Campanario Luxury | 40,000-64,778 | 8-11% |
| Santa Rosa Jáuregui | 25,000-35,000 | 7-9% |
| Central Colonias | 22,000-27,000 | 4-7% |
What are the average home prices in Querétaro right now?
As of September 2025, apartment prices in Querétaro average MXN 26,804 per square meter citywide, with city center apartments commanding MXN 27,891 per square meter.
Houses are more affordable at MXN 22,068 per square meter on average, with city center properties priced at MXN 22,263 per square meter. A typical 65-square-meter apartment costs around MXN 1,742,260, while a 100-square-meter unit runs approximately MXN 2,680,400.
Premium neighborhoods tell a different story entirely. Juriquilla, Carretas, Lomas Del Marques, and El Campanario command between MXN 36,917 and MXN 64,778 per square meter, reflecting their status as luxury destinations with golf courses, international schools, and high-end amenities.
These prices position Querétaro as more affordable than Mexico City or Guadalajara while maintaining strong growth potential. The price spread between basic and premium areas creates opportunities for different budget levels and investment strategies.
How have prices changed over the past 3 months, the past year, and the past 5 years?
The Querétaro property market has shown consistent upward momentum across all timeframes, with recent months maintaining steady growth patterns.
Over the past three months, prices have increased 1-3% in most neighborhoods, demonstrating the market's stability and continued demand. This quarterly growth rate suggests annual appreciation of 4-12% if current trends continue.
The past year tells a more dramatic story, with citywide price growth reaching 6.5%. Top-demand areas like Juriquilla and Loma Dorada have surged 12-14%, driven by their appeal to expatriates and affluent Mexican families seeking premium amenities.
Looking back five years reveals the market's remarkable transformation. Apartments and houses have appreciated 35-40% cumulatively, while premium zones have seen gains of 50-70%. Perhaps most striking, rental prices for 3-bedroom homes have doubled since 2018, reflecting Querétaro's economic boom and industrial expansion.
It's something we develop in our Mexico property pack.
What's the current inventory level, and is it going up or down?
Inventory levels in Querétaro present a mixed picture, with rising supply in some segments but persistent shortages in others as of September 2025.
New residential developments increased 15% in 2024 as builders responded to strong demand signals from the previous years. Developers are particularly focused on gated communities and vertical developments, which now represent 50% of all housing stock in the city.
However, significant shortages persist in affordable and medium-priced housing segments. New construction activity remains 26.8% below 2019 levels, creating competitive bidding environments for well-located or moderately priced properties.
This supply-demand imbalance continues to support price appreciation, especially for move-in ready units in central neighborhoods. The shortage is most acute near industrial parks and universities, where rental demand consistently outstrips available housing.
How long are properties staying on the market before selling?
While precise days-on-market statistics aren't publicly reported for Querétaro, market conditions suggest strong competition and relatively quick sales in most segments.
The combination of rising prices and modest inventory indicates that well-priced properties in desirable locations move quickly. Central neighborhoods and affordable properties typically see the fastest turnover, often selling within weeks of listing.
Premium properties and luxury homes above MXN 10 million may experience longer listing periods, particularly if they're located in peripheral areas or priced aggressively. These properties can take several months to find qualified buyers.
Move-in ready properties consistently outperform fixer-uppers, and properties with modern amenities like pools (now featured in 45% of listings) tend to attract buyers more quickly than basic offerings.
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Which neighborhoods are seeing the fastest price growth, and which are stagnating?
Juriquilla leads Querétaro's price appreciation with gains reaching 14% over the past year, making it the city's hottest neighborhood for property investment.
| Neighborhood | 12-Month Growth | Key Features |
|---|---|---|
| Juriquilla | 14% | Golf courses, expat hub, international schools |
| Loma Dorada | 10-12% | Premium location near historic center |
| El Campanario | 8-11% | Luxury gated community with golf |
| Carretas | 8-10% | Established luxury with top amenities |
| Santa Rosa Jáuregui | 7-9% | Rapid growth area with rental demand |
| Central Colonias | 4-7% | Older neighborhoods, slower but steady growth |
Tequisquiapan, while not showing dramatic price increases, commands premium short-term rental rates due to its tourism appeal and weekend visitor traffic.
Even the slowest-growing areas maintain positive appreciation, with central and older colonias posting 4-7% annual gains. No neighborhoods are experiencing price declines, indicating broad market strength across Querétaro.
How do prices differ between apartments, single-family homes, and luxury properties?
Querétaro's property market shows clear price differentiation across property types, with apartments commanding premium per-square-meter pricing compared to houses.
City center apartments average MXN 27,891 per square meter, representing a premium over the MXN 22,263 per square meter for houses in the same areas. This reflects the convenience and amenities that apartment living provides in central locations.
Luxury properties operate in an entirely different price tier, ranging from MXN 36,917 to MXN 64,778 per square meter depending on location and amenities. Complete luxury homes in these neighborhoods typically sell for MXN 3-30 million, reflecting their extensive grounds, premium finishes, and exclusive community features.
New apartments average 90 square meters in size, indicating a shift toward vertical living and build-to-rent developments. This trend caters to young professionals and families who prioritize location and amenities over space.
What's the current average rental yield in the most popular areas?
Querétaro delivers exceptional rental returns with a citywide average gross rental yield of 8.04%, positioning it among Mexico's best performing markets for rental income.
This yield significantly outperforms major Mexican cities like Mexico City (4-6%) and Guadalajara (5-7%), making Querétaro particularly attractive for income-focused investors. The strong yields reflect both reasonable purchase prices and robust rental demand from the city's growing workforce.
Properties with premium amenities command even higher returns. Fully furnished units with pools and modern amenities can achieve yields exceeding 9%, especially in neighborhoods near business districts and universities.
The rental market benefits from Querétaro's status as an industrial and education hub, providing consistent tenant demand from both local workers and international professionals drawn to the city's aerospace and automotive industries.
It's something we develop in our Mexico property pack.
How do short-term rental returns compare to long-term rentals in different parts of the city?
Short-term rentals in Querétaro generate significantly higher monthly income than long-term leases, with fully furnished properties commanding at least 15% premium over traditional rental rates.
Tequisquiapan stands out as the premier short-term rental destination, attracting weekend tourists and vacation visitors who pay premium rates for well-appointed properties. Properties with pools and modern amenities in this area consistently outperform long-term rental yields.
Central Querétaro properties also benefit from short-term rental demand, particularly from business travelers and visitors exploring the historic center. Properties near cultural attractions and restaurants can achieve occupancy rates of 70-80% at premium nightly rates.
The growing popularity of amenity-rich properties is evident in current listings, where 45% now feature pools—a clear response to short-term rental market demands. Properties in high-traffic, tourist-friendly locations consistently achieve the best short-term rental performance.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Mexico 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.
Are there signs of overbuilding or shortages in specific property types or areas?
Querétaro shows no signs of citywide overbuilding, but specific segments face different supply-demand dynamics that buyers should understand.
Medium-priced housing and properties near industrial parks continue to face shortages, with demand consistently outpacing new construction. This shortage particularly affects workers in Querétaro's growing aerospace and automotive sectors who seek affordable housing near employment centers.
The luxury segment presents more complex dynamics. While high-end properties continue appreciating, homes priced above MXN 10 million risk longer sales cycles as supply increases faster than buyer demand in this price tier.
Areas near universities also face housing shortages, creating opportunities for investors targeting student and young professional markets. The lack of adequate supply in these zones supports both rental income and capital appreciation potential.
What price ranges and property types are moving fastest right now?
Compact, well-located apartments between 75-100 square meters represent the most liquid segment of Querétaro's property market as of September 2025.
These properties appeal to young professionals, small families, and investors seeking rental income. Their proximity to business parks, universities, and central amenities ensures quick sales and strong rental demand.
Mid-priced homes in gated communities, particularly in emerging neighborhoods like Santa Rosa and Epigmenio González, also move quickly. These properties offer security, amenities, and growth potential at prices accessible to Mexico's expanding middle class.
Luxury homes face a more selective market and longer sales cycles unless they're priced competitively or located in the newest, most prestigious gated developments. Properties above MXN 10 million require careful pricing and marketing to achieve timely sales.
Properties with modern amenities, particularly pools and updated kitchens, consistently outperform basic offerings across all price ranges and neighborhood types.
If you're buying to live, which areas offer the best mix of quality of life and value?
Juriquilla offers the best combination of lifestyle and long-term value for families and expatriates seeking premium living in Querétaro.
This neighborhood provides international schools, golf courses, green spaces, and modern shopping centers while maintaining strong property appreciation potential. Families with children particularly benefit from the area's educational infrastructure and recreational amenities.
The Historic Center appeals to buyers prioritizing walkability, cultural experiences, and dining options. Properties here offer both lifestyle benefits and potential rental income through short-term rentals targeting tourists and business visitors.
Zibatá serves young professionals and environmentally conscious families with its modern, eco-friendly developments and contemporary amenities. The neighborhood offers excellent value for buyers seeking new construction and planned community features.
El Refugio and Milenio III provide family-oriented living at moderate prices, featuring safe neighborhoods, green spaces, and community amenities without premium pricing.
If you're buying to invest, where are the best opportunities for rental income or resale gains?
Investment buyers should focus on Juriquilla, El Campanario, and Loma Dorada for the optimal combination of capital appreciation and rental income potential.
These premium neighborhoods attract both Mexican executives and international professionals, ensuring consistent rental demand at above-average rates. Their established infrastructure and amenities support long-term property value growth.
Emerging areas like Santa Rosa Jáuregui and Epigmenio González offer higher growth potential at lower entry prices. These neighborhoods benefit from continued development and infrastructure improvements while remaining accessible to middle-income tenants.
Properties near industrial parks and universities provide the most stable rental income streams. Querétaro's aerospace, automotive, and technology sectors ensure consistent demand from professional tenants seeking convenient housing options.
It's something we develop in our Mexico property pack.
Short-term rental investors should prioritize the Historic Center and Tequisquiapan for maximum tourism exposure, while long-term rental investors benefit most from properties near employment centers and educational institutions.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Querétaro's property market in September 2025 demonstrates remarkable strength and sustainability, offering opportunities for both residents and investors.
With rental yields of 8.04%, steady price appreciation, and continued industrial growth driving demand, the city positions itself as one of Mexico's most attractive real estate markets.
Sources
- TheLatinvestor - Querétaro Price Forecasts
- Properstar - Querétaro House Prices
- TheLatinvestor - Querétaro Property Market
- Properstar Philippines - Mexico Querétaro Prices
- Airbtics - Tequisquiapan Airbnb Revenue
- Host Relocation - Best Querétaro Neighborhoods
- TheLatinvestor - Querétaro Real Estate Trends
- Global Property Guide - Mexico Price History