Buying real estate in Querétaro?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

What are housing prices like in Querétaro right now? (2026)

Last updated on 

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

buying property foreigner Mexico

Everything you need to know before buying real estate is included in our Mexico Property Pack

This article covers the current housing prices in Querétaro, and we constantly update this blog post to reflect the latest data.

Whether you're looking for an affordable apartment or a luxury home in a gated community, you'll find the numbers you need right here.

We break down prices by neighborhood, property type, and budget so you can make an informed decision.

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 Querétaro.

Insights

  • The median home price in Querétaro in 2026 is about 1,550,000 MXN, which is roughly 35% lower than the average price because a small number of luxury homes pull the average up significantly.
  • Listing prices in Querétaro typically sit about 8% above actual sale prices, so buyers should factor in negotiation room when budgeting for a home purchase.
  • Carretas is the priciest neighborhood in Querétaro with prices reaching 55,000 MXN per square meter, while 10 de Abril offers the most affordable options starting around 18,000 MXN per square meter.
  • New construction in Querétaro commands roughly a 12% premium over comparable existing homes, driven by modern amenities and the appeal of planned communities with security features.
  • Querétaro housing prices rose about 6% nominally over the past year, but after adjusting for inflation, the real increase was closer to 2%.
  • Houses make up about 60% of the Querétaro residential market, apartments account for 30%, and townhouses, luxury estates, and studios fill the remaining 10%.
  • With $100,000 in Querétaro, you can buy an existing 55 to 70 square meter apartment in budget-friendly neighborhoods like 10 de Abril or Menchaca.
  • Juriquilla and Jurica are the most popular neighborhoods among expats in Querétaro, with typical family homes ranging from 6 to 14 million MXN.
  • Total buying costs in Querétaro, including taxes, notary fees, and potential renovation, can add 7% to 19% on top of the purchase price depending on the property condition.

What is the average housing price in Querétaro in 2026?

The median housing price is more useful than the average because it shows what a typical buyer actually pays, without being skewed upward by a small number of expensive luxury properties.

We are writing this as of the first half of 2026 with the latest data collected from authoritative sources like Sociedad Hipotecaria Federal and major listing portals, all of which we manually double-checked.

The median home price in Querétaro in 2026 is approximately 1,550,000 MXN, which equals about $84,000 or €78,000. The average home price in Querétaro in 2026 is higher at around 2,400,000 MXN, equivalent to roughly $130,000 or €120,000.

About 80% of residential properties in Querétaro in 2026 fall within a price range of 1,200,000 to 4,800,000 MXN, or approximately $65,000 to $260,000.

A realistic entry range in Querétaro in 2026 is 1,000,000 to 1,600,000 MXN (about $54,000 to $86,000 or €50,000 to €80,000), which typically gets you an existing 50 to 70 square meter apartment in a neighborhood like 10 de Abril.

Luxury properties in Querétaro in 2026 generally range from 8,000,000 to 20,000,000 MXN (approximately $430,000 to $1,080,000 or €400,000 to €1,000,000), and this includes newer detached houses of 350 to 600 square meters in premium gated communities like El Campanario or high-end pockets of Juriquilla.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Querétaro.

Sources and methodology: we anchored our price estimates to transaction-level data from Sociedad Hipotecaria Federal (SHF), Mexico's federal housing finance institution. We cross-referenced these figures with asking-price data from Inmuebles24 and Propiedades.com. Currency conversions use recent Banxico monthly averages at 18.5 MXN per USD and 20 MXN per EUR.

Are Querétaro property listing prices close to the actual sale price in 2026?

In Querétaro in 2026, listing prices are typically about 8% higher than actual closed sale prices.

This gap exists mainly because sellers list with room for negotiation, and when buyers use mortgage financing, bank appraisals often cap the amount they can borrow below the asking price. The difference tends to be larger for older properties needing renovation and smaller for new builds in high-demand gated communities where competition among buyers is stronger.

Get fresh and reliable information about the market in Querétaro

Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.

buying property foreigner Querétaro

What is the price per sq m or per sq ft for properties in Querétaro in 2026?

As of early 2026, the median housing price in Querétaro is approximately 28,500 MXN per square meter (about $1,540/sqm or €1,425/sqm), which works out to roughly 2,650 MXN per square foot ($143/sqft or €132/sqft). The average price per square meter in Querétaro in 2026 is slightly higher at around 30,500 MXN (about $1,650/sqm or €1,525/sqm), or approximately 2,835 MXN per square foot ($153/sqft or €142/sqft).

Smaller apartments between 45 and 80 square meters in Querétaro have the highest price per square meter because fixed costs like security and shared amenities get spread over less space, while larger family homes above 220 square meters typically have the lowest price per square meter due to diminishing value for extra space.

The highest prices per square meter in Querétaro in 2026 are found in Carretas, where asking prices range from 40,000 to 55,000 MXN per square meter. The most affordable prices are found in neighborhoods like 10 de Abril, where you can find properties starting at 18,000 to 24,000 MXN per square meter.

Sources and methodology: we gathered price-per-meter data from Inmuebles24, which reports city-level asking prices around 28,559 MXN per square meter. We validated these figures against Banorte's INBAPREVI indicator, which shows Querétaro state around 24,830 MXN per square meter. Neighborhood ranges were identified through portal listings and local market data.

How have property prices evolved in Querétaro?

Compared to January 2025, housing prices in Querétaro have risen by approximately 6% in nominal terms, or about 2% after adjusting for inflation. This growth has been driven by steady demand from professionals relocating to the Bajío industrial corridor due to nearshoring investments, combined with limited supply in well-connected locations.

Looking back ten years to January 2016, housing prices in Querétaro have increased by roughly 90% in nominal terms, which translates to about 20% in real terms after accounting for inflation. This long-term growth reflects the city's sustained population expansion, strong job creation, and a shift toward higher-quality housing products like gated communities and modern vertical developments.

By the way, we've written a blog article detailing the latest updates on property price variations in Querétaro.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Querétaro.

Sources and methodology: we tracked year-over-year changes using SHF's quarterly housing price index, which reports comparable growth across Mexican metros. We adjusted for inflation using INEGI's official CPI data (INPC). Long-term trends were validated against multiple SHF releases and local market reports.
infographics rental yields citiesQuerétaro

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.

What types of homes can you buy in Querétaro in 2026, and how much do they cost?

In Querétaro's residential market in 2026, houses (including detached homes and those in gated communities) make up about 60% of listings, apartments and condos represent around 30%, townhouses account for roughly 5%, luxury estates about 3%, and small studios fill the remaining 2%.

Average prices by property type in Querétaro as of the first half of 2026 are: apartments and condos at around 2,100,000 MXN ($113,000 or €105,000), townhouses at approximately 2,800,000 MXN ($151,000 or €140,000), mid-market detached family houses at about 3,400,000 MXN ($184,000 or €170,000), new-build premium vertical units at roughly 3,800,000 MXN ($205,000 or €190,000), larger suburban houses at around 4,500,000 MXN ($243,000 or €225,000), and luxury homes in prime gated communities at approximately 12,000,000 MXN ($649,000 or €600,000).

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we estimated market composition using inventory data from Propiedades.com, which shows a strong tilt toward houses in Querétaro. We derived average prices by property type from cross-referencing portal asking prices with SHF transaction-based values. These estimates reflect typical market conditions rather than outlier properties.

How do property prices compare between existing and new homes in Querétaro in 2026?

New construction in Querétaro in 2026 carries an estimated premium of about 12% per square meter compared to similar existing homes.

This premium reflects the added value buyers place on modern amenities, energy-efficient designs, contemporary layouts, and the security and services that come with planned community developments.

Sources and methodology: we estimated the new-versus-existing price gap by comparing listing data across property vintages from major portals like Inmuebles24. We validated this pattern against Banorte's INBAPREVI methodology, which shows higher levels for newer stock. The 12% figure represents a typical market-wide average.

Buying real estate in Querétaro can be risky

An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.

investing in real estate foreigner Querétaro

How do property prices vary by neighborhood in Querétaro in 2026?

Juriquilla is one of the most sought-after neighborhoods among families and expats in Querétaro, known for its international schools and gated communities. Typical homes in Juriquilla in January 2026 range from 4,500,000 to 12,000,000 MXN ($243,000 to $649,000), with most buyers looking for 2 to 4 bedroom houses between 180 and 300 square meters.

Centro Histórico offers a completely different lifestyle, with walkable streets, restaurants, and cultural attractions. Properties here in January 2026, mostly apartments and renovated townhouses between 70 and 140 square meters, range from 2,500,000 to 6,000,000 MXN ($135,000 to $324,000), reflecting the location premium buyers pay for urban convenience.

10 de Abril represents Querétaro's more affordable segment, where first-time buyers and investors can find entry-level apartments. Prices in this neighborhood in January 2026 typically range from 1,000,000 to 2,000,000 MXN ($54,000 to $108,000), making it one of the most accessible areas for those with smaller budgets.

You will find a much more detailed analysis by areas in our property pack about Querétaro. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Neighborhood Profile Avg Price Range (MXN / $) Avg per sqm (MXN / $) Avg per sqft (MXN / $)
10 de Abril Budget / Value 1.0-2.0M / $54k-$108k 18k-24k / $973-$1,297 1,672-2,230 / $90-$120
Menchaca Budget / Family 1.2-2.4M / $65k-$130k 19k-25k / $1,027-$1,351 1,765-2,323 / $95-$125
Santa Rosa Jáuregui Space / Value 1.6-3.5M / $86k-$189k 20k-28k / $1,081-$1,514 1,858-2,603 / $100-$140
Centro Histórico Walkable / Culture 2.5-6.0M / $135k-$324k 27k-40k / $1,459-$2,162 2,509-3,717 / $136-$201
Centro Sur Commute / Modern 2.6-6.5M / $141k-$351k 26k-38k / $1,405-$2,054 2,416-3,531 / $131-$191
Milenio III Views / Popular 3.0-7.0M / $162k-$378k 30k-42k / $1,622-$2,270 2,788-3,903 / $151-$211
El Refugio Family / New-build 3.2-7.5M / $173k-$405k 28k-40k / $1,514-$2,162 2,603-3,717 / $141-$201
Zibatá Planned / New 3.0-8.0M / $162k-$432k 29k-41k / $1,568-$2,216 2,696-3,810 / $146-$206
Zákia Planned / Value-new 2.6-6.0M / $141k-$324k 25k-35k / $1,351-$1,892 2,323-3,252 / $125-$176
Juriquilla Expat / Family 4.5-12.0M / $243k-$649k 32k-48k / $1,730-$2,595 2,974-4,461 / $161-$241
Jurica Expat / Established 5.5-14.0M / $297k-$757k 34k-50k / $1,838-$2,703 3,160-4,646 / $171-$251
Carretas Prime / Central 4.0-10.0M / $216k-$541k 40k-55k / $2,162-$2,973 3,717-5,110 / $201-$276
Sources and methodology: we compiled neighborhood price ranges from Inmuebles24, which identifies Carretas as a high-priced area and 10 de Abril as one of the most economical. We supplemented this with local market data and cross-checked against Propiedades.com listings. Ranges represent typical asking prices as of the first half of 2026.

How much more do you pay for properties in Querétaro when you include renovation work, taxes, and fees?

When you add up all the extra costs beyond the purchase price in Querétaro in 2026, buyers should expect to pay an additional 7% to 19% on top of the property's sale price, depending on whether renovation work is needed.

If you buy a property around $200,000 (approximately 3,700,000 MXN) in Querétaro, you can expect closing costs of about 5% to 6% (roughly 185,000 to 220,000 MXN or $10,000 to $12,000) plus potential light renovation costs of 3% to 6% (another 110,000 to 220,000 MXN). Your total all-in cost would land somewhere between 4,000,000 and 4,150,000 MXN, or about $216,000 to $224,000.

For a $500,000 property (about 9,250,000 MXN), closing costs of around 5% would add approximately 460,000 MXN ($25,000), while medium renovation work at 8% could add another 740,000 MXN ($40,000). Your final total would be approximately 10,450,000 MXN, or around $565,000.

At the $1,000,000 level (about 18,500,000 MXN), buyers should budget for closing costs around 5% (925,000 MXN or $50,000) plus any desired renovations. A property needing moderate updates at 8% would add another 1,480,000 MXN ($80,000), bringing the total to approximately 20,900,000 MXN or around $1,130,000.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Querétaro

Expense Category Estimated Cost Range (MXN and $)
Transfer taxes and duties Taxes 2% to 4% of the purchase price (approximately $20 to $40 for every $1,000 spent). This is the acquisition tax (ISAI) charged by the state of Querétaro when you register the property transfer.
Notary and legal fees Legal 1% to 2.5% of the purchase price. The notary public handles the legal formalization of the sale, verifies property titles, and ensures all documents are properly registered with authorities.
Public registry and certificates Admin 0.3% to 1% of the purchase price. This covers registration with the Public Registry of Property and obtaining official certificates confirming the property's legal status.
Property appraisal Financing 3,000 to 10,000 MXN ($160 to $540). Required if you're financing the purchase with a mortgage, as the bank needs an independent valuation of the property.
Basic refresh (paint, minor fixes) Renovation 3% to 6% of the purchase price. This covers cosmetic updates like fresh paint, minor repairs, fixture replacements, and basic modernization that most existing homes need.
Full remodel (kitchen, baths, floors) Renovation 7% to 12% of the purchase price. This includes major updates like new kitchen cabinets, bathroom renovations, flooring replacement, and possible electrical or plumbing upgrades.
Sources and methodology: we compiled closing cost estimates from standard Mexican real estate transaction practices and notary fee schedules in Querétaro. We validated renovation cost percentages against local contractor quotes and market experience. These ranges represent typical costs and may vary based on property specifics and negotiation.
infographics comparison property prices Querétaro

We made this infographic to show you how property prices in Mexico 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 properties can you buy in Querétaro in 2026 with different budgets?

With $100,000 (about 1,850,000 MXN) in Querétaro in January 2026, there is a market but you'll be shopping entry-level: you could find an existing apartment of 55 to 70 square meters in 10 de Abril, a small existing townhouse of 80 to 100 square meters in Menchaca, or an entry condo of about 60 square meters in Santa Rosa Jáuregui.

With $200,000 (about 3,700,000 MXN), your options expand significantly: a newer townhouse of 110 to 130 square meters in the planned community of Zákia, an existing apartment of 90 to 110 square meters in Centro Sur with good commute access, or an existing house of 140 to 170 square meters in El Refugio.

With $300,000 (about 5,550,000 MXN), you can access solid family homes: a newer detached house of 170 to 220 square meters in El Refugio, a townhouse of 140 to 180 square meters in the popular Zibatá development, or a renovated townhouse of 120 to 160 square meters near Centro Histórico.

With $500,000 (about 9,250,000 MXN), you enter premium territory: a large house of 260 to 340 square meters in the expat-friendly Juriquilla neighborhood, a high-end newer home of 220 to 300 square meters in Milenio III with great views, or a premium existing home of 300 to 420 square meters in established Jurica.

With $1,000,000 (about 18,500,000 MXN), you can access luxury: a 450 to 650 square meter house in the prime gated community of El Campanario, a luxury modern build of 350 to 500 square meters in Juriquilla's premium pockets, or an estate-style home with a large lot in Jurica's top tier.

With $2,000,000 (about 37,000,000 MXN), there is a market but it's thin and highly property-specific: options include signature luxury estates in El Campanario, ultra-premium custom builds in top Juriquilla or Jurica enclaves, or showpiece properties with exceptional design and large lots in prime gated communities.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Querétaro.

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 Querétaro, 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 Name Why It's Authoritative How We Used It
Sociedad Hipotecaria Federal (SHF) SHF is Mexico's federal housing finance institution and its price index is the most widely cited official benchmark for home values. We used SHF data to anchor our transaction-level pricing estimates, treating it as the best proxy for actual closed sale prices. We relied on SHF to validate year-on-year growth rates and median versus average price relationships.
SHF Quarterly Index Reports These official SHF releases provide comparable growth data across all major Mexican metros, including Querétaro. We used these reports to cross-check whether Querétaro prices are rising faster or slower than other cities. We treated this data as our primary trend validation alongside listing sources.
Banco de México (Banxico) Banxico is Mexico's central bank, and its FIX rate is the official reference exchange rate used in finance and contracts. We used Banxico's monthly average exchange rates to convert MXN prices into USD and EUR. We carried late-2025 levels forward to January 2026 for practical reader conversions.
INEGI (National Statistics Agency) INEGI is Mexico's official statistics agency, and the INPC is the country's authoritative consumer price index. We used INPC data to adjust historical price comparisons for inflation. We separated nominal price growth from real growth to show how much of the increase reflects actual value changes.
Banorte INBAPREVI Banorte is one of Mexico's largest banks, and INBAPREVI is their well-documented housing price indicator with transparent methodology. We used INBAPREVI to triangulate listing-side price-per-meter levels against SHF's mortgage-based values. We validated market asking levels by comparing state and city data.
Inmuebles24 Inmuebles24 is one of Mexico's largest real estate listing portals with consistent index methodology over time. We used Inmuebles24 to estimate asking price per square meter inside Querétaro city. We identified high and low-priced neighborhoods like Carretas and 10 de Abril using their data.
Propiedades.com Propiedades.com is a major Mexican real estate portal publishing standardized summary statistics from its inventory. We used Propiedades.com to estimate the market's composition between houses and apartments. We validated typical ticket sizes for houses and treated their data as asking prices with appropriate discounts.
El Economista El Economista is a major national business newspaper that clearly attributes key housing figures to official SHF sources. We used El Economista to pin down explicit Querétaro average home values when original SHF tables were not easily accessible. We only used their figures when they clearly pointed back to SHF data.
Quadratín Querétaro Quadratín is a regional news outlet that reports local housing data with clear source attribution. We used Quadratín to validate state-level price-per-meter figures against city-level portal data. We cross-referenced their reported values with Banorte's indicator.
Local notary fee schedules Notary fees in Mexico are regulated and follow standard schedules by state. We used standard notary fee ranges to estimate closing costs. We validated these against multiple transaction experiences in Querétaro.
State acquisition tax rates The ISAI (property transfer tax) is set by state law and publicly available. We used Querétaro's official ISAI rates to calculate transfer-related taxes. We included these in our all-in cost estimates for buyers.
Local contractor estimates We gathered renovation cost data from contractors operating in Querétaro. We used contractor quotes to validate renovation cost percentages. We calibrated light versus major renovation ranges based on actual project costs.
Public Registry of Property data The Public Registry provides official transaction records and fee schedules. We used registry fee schedules to estimate administrative closing costs. We validated these figures against recent buyer experiences.
Mortgage lender appraisal requirements Mexican banks have standard appraisal requirements for mortgage loans. We used lender guidelines to estimate appraisal costs. We noted how appraisals affect the gap between asking and closing prices.
Real estate agent market knowledge Local agents have direct insight into negotiation patterns and market dynamics. We used agent feedback to validate our 8% asking-to-closing price gap estimate. We calibrated neighborhood-level price ranges based on agent input.
International school location data School locations influence expat neighborhood preferences and pricing. We used school proximity to explain why Juriquilla commands premium prices. We noted this as a key factor in expat-popular areas.
Gated community developer pricing Major developers publish pricing for new projects in planned communities. We used developer pricing to validate new-build premiums. We compared new construction costs in Zibatá and El Campanario to existing home values.
Nearshoring employment reports Economic reports track job growth from nearshoring investments in the Bajío region. We used employment data to explain demand drivers for Querétaro housing. We linked job growth to sustained price increases.
Population growth statistics Official census and projection data tracks metro area growth. We used population trends to explain long-term price appreciation. We connected demographic growth to the 90% nominal price increase over ten years.
Currency exchange historical data Banxico publishes historical exchange rate series for reference. We used historical FX data to establish conversion rates for different time periods. We applied consistent conversion methodology across all price figures.
Housing construction permit data Municipal records track new construction activity and supply trends. We used permit data to understand supply constraints in premium locations. We noted limited buildable land as a price driver.
Rental yield comparison data Investment analysis requires comparing purchase prices to rental income. We used yield data to validate pricing in investor-popular segments. We cross-referenced entry-level apartment values with rental market returns.
Multiple listing service comparisons Cross-portal analysis provides more complete market coverage. We compared data across Inmuebles24, Propiedades.com, and other portals. We averaged asking prices to reduce single-source bias.

Get the full checklist for your due diligence in Querétaro

Don't repeat the same mistakes others have made before you. Make sure everything is in order before signing your sales contract.

real estate trends Querétaro