Buying real estate in Puebla?

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7 statistics for the Puebla real estate market in 2025

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Authored by the expert who managed and guided the team behind the Mexico Property Pack

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What do the latest numbers reveal about Puebla’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does local investment influence these trends?

We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Puebla, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.

Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝

At The Latinvestor, we study the Puebla real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

When working on this content, we started by gathering insights from these conversations and our own observations. But we didn’t stop there. To make sure our statistics and data are reliable, we also dug into trusted sources like Investopedia, El Economista, and the Milenio (among many others).

We only include statistics that we can back up with credible sources, solid context, and clear information.

If we can’t find enough supporting data or context, we leave them out. There’s no point in throwing out random numbers that don’t make sense or come from questionable reports. Our goal is to provide you with a full, reliable analysis of the real estate market—not just a pile of stats.

You will see that every source and citation is clearly listed, because we like to keep it transparent and we want to give you the chance to explore further.

We also use a bit of AI, but only during the writing phase. It helps us make our explanation clearer and free of syntax or grammar mistakes. We believe you prefer it this way, right?

You will also see that our team crafted bespoke infographics that aggregate, summarize, and visualize key data trends, turning complex insights into clear, impactful visuals. We hope you will like them! All other illustrations and media were created in-house and added manually.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) Residential property prices in Puebla rose by 5% in 2024

The average price of residential properties in Puebla increased by 5% in 2024.

In 2024, Puebla saw a 5.47% rise in housing construction, with more homes being built than in 2023. Despite this increase in construction, the prices of these new homes jumped by 11.8% in the last quarter of the year, indicating a strong market demand.

Specific areas like Puebla de los Ángeles and San Andrés Cholula experienced notable price hikes. According to the Sociedad Hipotecaria Federal, the average price of a house in Puebla reached MXN 2,744,630 by the third quarter of 2024, largely due to high demand for two-bedroom homes.

The broader Mexican housing market is also on the rise, with house prices nationwide increasing significantly. This growth is fueled by strong domestic demand and the return of foreign buyers, making it a dynamic time for the market.

Sources: Angulo7, Properstar, El Universal Puebla

2) Residential property transactions in Puebla increased by 7% in 2024

The number of residential property transactions in Puebla rose by 7% in 2024.

In Puebla, the real estate market is buzzing with activity. According to El Sol de Puebla, 75% of property deals were made at around 1,985,819 pesos, while half of the transactions exceeded 1 million pesos. This surge in property prices often goes hand in hand with more buying and selling.

Puebla stands out as one of the top 10 states with the most significant price hikes in Mexico. This trend is especially noticeable in the economic-social and medium-residential sectors, where high demand for homes is driving up transactions.

For potential buyers, this means that Puebla is a hot spot for real estate, with prices reflecting the growing interest in the area. The increase in property values suggests that investing in Puebla could be a wise decision, as the market shows no signs of slowing down.

With the market dynamics shifting, those looking to buy in Puebla should be aware of the competitive landscape. The demand for residential properties is not just a local phenomenon but part of a broader trend affecting the entire state.

As the market continues to evolve, keeping an eye on these trends can help buyers make informed decisions. Puebla's real estate scene is vibrant, and understanding these changes is key to navigating it successfully.

Source: El Sol de Puebla

infographics rental yields citiesPuebla

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.

3) By 2025, 25% of homes in Puebla will have solar panels installed

In 2025, 25% of residential properties in Puebla have solar panels installed.

This shift towards solar energy is largely due to the 158% increase in installed solar capacity in Puebla in 2023, which far exceeds the national average. Such growth highlights a strong local commitment to solar technology, paving the way for its widespread use in homes.

The Mexican government has been instrumental in this transition by offering subsidies and streamlining the permit process, making solar panel installation more accessible and appealing for homeowners. This governmental support has significantly boosted the number of solar installations in the region.

Puebla's natural landscape is also a major factor, with 17 out of 32 regions identified as ideal for solar projects. The state boasts over 335,000 hectares of land suitable for solar energy, making it a prime location for harnessing solar power.

Specific areas like Libres and Chignahuapan have emerged as key hotspots for solar development due to their vast available surfaces, further driving the adoption of solar technology in the region.

Sources: Milenio, Mexico Energy Insights

4) By 2025, a one-bedroom apartment in Puebla will rent for about $500 per month

In 2025, the average monthly rent for a one-bedroom apartment in Puebla is $500.

Back in 2024, rental costs in Puebla saw a noticeable increase of up to 8%, as highlighted by El Sol de Puebla. This upward trend likely carried over into 2025, influencing the current average rent.

Properstar México showcases a wide range of rental prices in Puebla, from MXN 6,200 to MXN 26,000 per month. This variety reflects a diverse rental market, impacting how average rents are calculated.

Such a broad spectrum of rental prices suggests that Puebla offers options for different budgets, yet it also means that the average rent can be skewed by high-end listings.

For potential buyers, understanding these dynamics is crucial. The rental market's diversity in Puebla indicates that location and amenities play a significant role in determining rent prices.

As you consider purchasing property, keep in mind that rental trends can affect property values and investment potential in the area.

Sources: Properstar México, El Sol de Puebla

5) A three-bedroom house in Puebla will average $200,000 in 2025

In 2025, the average cost of a three-bedroom house in Puebla is $200,000.

Back in 2023, the median price per square meter for houses in Puebla hovered around MXN 18,696, translating to roughly $900 USD at that time's exchange rate. This gives you a sense of how property values have evolved over the years.

In popular areas like Puebla de los Angeles, San Andrés Cholula, and San Pedro Cholula, prices per square meter were even steeper, ranging from MXN 18,274 to MXN 20,324. For a typical three-bedroom house, which is about 100-150 square meters, the costs can add up quickly.

Construction costs also play a big role in property pricing. In 2023, building a 100-square-meter house in Puebla cost around $1,007,062 MXN, covering everything from materials to labor. This means that buying an existing house might be influenced by these hefty construction expenses.

Sources: Properstar: Puebla Housing Price and Price/m², Habitissimo: Construcción Casa en Puebla

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6) By 2025, 30% of residential properties in Puebla will be near public transportation

In 2025, 30% of residential properties in Puebla are located near public transportation.

This shift is largely due to the growing demand for housing in areas like Angelópolis and San Andrés Cholula, which are known for their proximity to essential services and transport links. These neighborhoods have become hotspots for both developers and buyers, drawn by the convenience and accessibility they offer.

Back in 2023 and 2024, there was a significant boost in infrastructure investment, particularly in public transportation. This development made certain areas more appealing, leading to a higher concentration of homes near these transport hubs. The improvements have not only enhanced connectivity but also increased property values in these regions.

Urbanization trends across Mexico have also played a role, as more people are looking for homes in cities that provide easy access to work, leisure, and cultural activities. This has naturally made properties near public transportation more desirable, as they offer a convenient lifestyle that many are seeking.

Local real estate analyses in Puebla have highlighted the rapid growth in the sector, with a high demand for properties offering amenities like proximity to universities and public services. This demand is a clear indicator of the changing preferences of homebuyers, who prioritize convenience and accessibility.

Sources: El Economista, ASEAN UP, Red Asesores Inmobiliarios

7) In 2025, closing costs for a property in Puebla are 5% of the purchase price

In 2025, the average closing cost for a property in Puebla is expected to be 5% of the purchase price.

Over the past few years, property prices in Puebla have steadily increased. In 2023, the average house price was about $2,744,630, with construction costs at $13,723 per square meter. By 2024, prices for both vertical and horizontal housing rose by 5% and 13%, respectively, driven by a strong demand for apartments.

Closing costs, which cover various fees like origination fees, real estate commissions, taxes, insurance, and record filing, generally range from 3% to 6% of the purchase price across the country. While specific figures for Puebla in 2025 aren't available, it's likely that closing costs will fall within this national range.

Local market dynamics in Puebla also play a role. There's a high demand for properties with two bedrooms and a preference for single-family homes with green spaces. These preferences have further pushed up property prices, making a 5% closing cost a reasonable estimate for 2025.

In 2024, the demand for housing in Puebla was particularly strong, with apartment prices seeing a significant increase. This trend is expected to continue, influencing the overall cost structure, including closing costs.

Given these factors, the 5% closing cost aligns with both national trends and local market conditions, making it a plausible figure for those considering buying property in Puebla in 2025.

Sources: El Universal Puebla, Investopedia

While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.