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The average price per square meter in Antioquia currently stands at COP 6,320,785 (approximately $1,200 USD) as of September 2025. Property prices in Antioquia vary significantly between urban centers like Medellín, where premium neighborhoods reach COP 11-12 million per square meter, and rural areas where prices can drop to as low as COP 2.8 million per square meter.
If you want to go deeper, you can check our pack of documents related to the real estate market in Colombia, based on reliable facts and data, not opinions or rumors.
Antioquia's real estate market shows strong price variations across different property types and locations, with urban apartments commanding higher prices than houses.
The department consistently outperforms Colombia's national average, with annual growth rates between 3-10% depending on the specific area and property type.
| Property Type | Average Price per m² (COP) | Price Range (USD) |
|---|---|---|
| All Properties (Antioquia Average) | 6,320,785 | ~$1,200 |
| Apartments (Urban) | 6,483,123 | ~$1,230 |
| Houses (Department-wide) | 5,555,963 | ~$1,050 |
| Premium Areas (El Poblado) | 11,000,000-12,000,000 | $2,000-$2,200 |
| Affordable Areas | 2,833,958-4,800,000 | $540-$910 |
| Rural/Touristic Areas | 2,800,000-11,400,000 | $530-$2,160 |
| New Construction | 11,000,000-12,000,000 | $2,000-$2,200 |
What's the current average selling price per square meter in Antioquia?
The average selling price per square meter in Antioquia stands at COP 6,320,785 as of September 2025, which equals approximately $1,200 USD.
This price represents a department-wide average that includes both urban and rural properties across all municipalities. The figure has shown consistent growth over recent years, reflecting the strong demand for real estate in Colombia's second-most important economic region.
Urban areas like Medellín drive the higher end of this average, while rural municipalities and peripheral zones contribute to more affordable price points. The COP 6.3 million per square meter average positions Antioquia significantly above Colombia's national average of COP 4.1-5.5 million per square meter.
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How does the price per square meter vary between urban and rural areas in Antioquia?
Urban areas in Antioquia command significantly higher prices than rural zones, with premium neighborhoods in Medellín reaching COP 11-12 million per square meter compared to rural areas starting at COP 2.8 million per square meter.
In Medellín's upscale districts like El Poblado, new construction properties achieve prices between COP 11-12 million per square meter. Other sought-after urban areas including Envigado and Rionegro typically range from COP 6.8-7.6 million per square meter.
Affordable peripheral neighborhoods such as Bello and Copacabana offer more accessible urban living with prices dropping to COP 3.5-5 million per square meter. These areas still provide urban amenities while maintaining lower price points.
Rural areas present the widest price variation depending on location and characteristics. Scenic touristic towns like Guatapé and El Peñol can command premium prices up to COP 11.4 million per square meter due to their lake views and tourism appeal. Standard rural properties and functional estates typically range from COP 2.8-5.6 million per square meter.
What's the average price per square meter for apartments in Antioquia?
Apartments in Antioquia average COP 6,483,123 per square meter department-wide, with significant variations based on location and quality.
Medellín apartments specifically average COP 6,483,123 per square meter, while surrounding municipalities like Envigado, Rionegro, and Sabaneta range from COP 6.3-7.6 million per square meter. These prices reflect the strong demand for apartment living in urban centers.
Premium apartment buildings in top neighborhoods consistently exceed COP 8.6 million per square meter, particularly for units with luxury finishes, prime locations, or unique amenities. Studio apartments and luxury units in El Poblado and similar high-end areas command these premium rates.
Apartments generally trade at higher prices per square meter than houses due to their urban locations, modern amenities, and the convenience factor that appeals to professionals and investors in Antioquia's growing economy.
What's the average price per square meter for houses in Antioquia?
Houses in Antioquia average COP 5,555,963 per square meter department-wide, representing approximately $1,050 USD and typically trading below apartment prices.
| Location | Average House Price per m² (COP) | Price Range Description |
|---|---|---|
| Antioquia Department Average | 5,555,963 | All house types included |
| Medellín | 4,759,343 | Urban houses within city limits |
| Envigado | 6,700,000 | Upscale suburban houses |
| Rionegro | 6,900,000 | Airport corridor development |
| Rural Towns | 2,800,000-4,500,000 | Affordable countryside homes |
| Premium Rural (Guatapé) | 7,800,000-11,400,000 | Touristic lakeside properties |
How do prices per square meter differ between new construction and resale properties in Antioquia?
New construction properties command significant premiums over resale properties, particularly in premium neighborhoods where new builds achieve COP 11-12 million per square meter.
In upscale areas like El Poblado and Envigado, newly constructed apartments and houses consistently reach the highest price points due to modern designs, energy efficiency, and contemporary amenities that buyers increasingly demand.
Resale properties typically trade 20-40% lower than new construction depending on age, condition, and location. Mid-tier urban resale listings average COP 6-7 million per square meter, while older homes in established neighborhoods can offer even greater value.
The premium for new construction reflects buyers' willingness to pay for modern features, updated building codes, and move-in ready conditions. This price differential creates opportunities for investors willing to renovate older properties in desirable locations.
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What's the trend in price per square meter in Antioquia over the past 12 months?
Antioquia property prices have grown 3-7% department-wide over the past 12 months, with urban areas and tourist zones experiencing the highest increases.
Medellín specifically registered a notable 10.3% annual increase for 2025, marking one of the strongest growth rates in the department. This growth reflects continued economic development and population growth in Colombia's innovation capital.
Despite a 34-40% decline in national and regional home sales volumes during 2023, prices demonstrated remarkable resilience and continued upward momentum. This suggests strong underlying demand and limited inventory supporting price appreciation.
Cities and tourist destinations led price growth, while rural areas showed more modest appreciation rates. The trend indicates a robust real estate market that continues attracting both domestic and international investment interest.
What's the highest recorded price per square meter in Antioquia right now?
The highest recorded prices per square meter in Antioquia currently reach COP 11-12 million in El Poblado's premium new construction projects and luxury lakeside properties in El Peñol.
El Poblado's most exclusive developments, particularly new construction apartments with premium finishes and prime locations, consistently achieve prices above COP 11 million per square meter. Some ultra-luxury units exceed COP 12 million per square meter.
El Peñol's luxury lakeside homes represent another price peak, with properties featuring direct lake access and panoramic views commanding up to COP 11,473,855 per square meter. These properties combine prime location with unique natural amenities.
Other high-end areas including luxury developments in Envigado and Retiro also approach these premium price levels, particularly for new construction with exceptional locations or unique features that justify premium pricing.
What's the lowest recorded price per square meter in Antioquia right now?
The lowest property prices per square meter in Antioquia start at COP 2,833,958 for houses in affordable districts like Barbosa and San Antonio de Prado.
These budget-friendly areas offer houses ranging from COP 2,833,958-2,888,958 per square meter, providing entry-level homeownership opportunities for local residents and budget-conscious investors.
Apartments in these same affordable districts typically start around COP 4-4.8 million per square meter, still representing accessible pricing compared to urban centers while maintaining basic urban services and connectivity.
Rural properties in non-touristic areas can occasionally be found below COP 3 million per square meter, particularly for properties requiring renovation or in very remote locations with limited infrastructure access.
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What's the average price per square meter in the most expensive neighborhoods in Antioquia?
| Neighborhood/Area | Apartments (COP/m²) | Houses (COP/m²) |
|---|---|---|
| El Poblado (Medellín) | 11,000,000-12,000,000 | >10,000,000 |
| Retiro | 8,100,000-8,200,000 | 7,100,000-8,600,000 |
| Envigado | 7,500,000 | 6,200,000 |
| Guatapé/El Peñol (Touristic) | 7,800,000-11,400,000 | 7,800,000-11,400,000 |
| Rionegro (Airport Corridor) | 6,800,000-7,600,000 | 6,700,000-6,900,000 |
What's the average price per square meter in the most affordable neighborhoods in Antioquia?
The most affordable neighborhoods in Antioquia offer apartments starting from COP 2.8-4.8 million per square meter and houses from COP 2.8-4.5 million per square meter.
Bello and Copacabana represent accessible urban options with apartments averaging COP 4.7-4.8 million per square meter and houses ranging from COP 3.2-3.8 million per square meter. These areas provide urban amenities while maintaining affordability.
Barbosa and San Antonio de Prado offer the most budget-friendly options, with apartments from COP 2.8-4.0 million per square meter and houses from COP 2.8-4.5 million per square meter. These areas serve local residents and first-time buyers.
Rural municipalities outside major urban centers consistently offer the lowest prices, though buyers should consider factors like infrastructure access, connectivity, and future development potential when evaluating these affordable options.
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What's the expected annual price growth rate per square meter in Antioquia?
Antioquia's expected annual price growth rate ranges from 3-7% department-wide, with urban and technology-driven districts projecting 6-10% appreciation for 2025.
Tech-oriented areas and districts benefiting from Medellín's growing reputation as a regional innovation hub are expected to see the highest growth rates. Areas with strong job creation and infrastructure development consistently outperform the department average.
The broader Antioquia market projects steady 3-7% annual appreciation, reflecting stable economic fundamentals and continued population growth. This growth rate exceeds Colombia's national average and demonstrates the department's economic strength.
These projections assume continued political stability, economic growth, and infrastructure development. Areas with planned transportation improvements or major development projects may exceed these baseline projections significantly.
How do Antioquia's price per square meter figures compare to the national average in Colombia?
Antioquia consistently outperforms Colombia's national average, with apartment prices averaging COP 6.4 million per square meter compared to the national range of COP 4.1-5.5 million per square meter.
Bogotá's top neighborhoods range from COP 5-9 million per square meter, making Antioquia's premium areas competitive with the capital while offering better value in mid-tier segments. Antioquia's urban centers like Medellín and Envigado consistently exceed other Colombian regions for both apartments and houses.
The department's superior performance reflects its strong economic fundamentals, growing technology sector, and increasing international recognition as an investment destination. Foreign investment and domestic migration continue supporting price premiums above national averages.
Antioquia's price growth also exceeds national trends, with the department's 3-10% annual appreciation outpacing most Colombian regions and reflecting the area's continued economic development and desirability among investors and residents.
It's something we develop in our Colombia property pack.
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.
Antioquia's real estate market demonstrates strong fundamentals with consistent price appreciation across all property types and locations.
The significant price variations between urban and rural areas, as well as between new construction and resale properties, create diverse opportunities for different investment strategies and budgets.
Sources
- TheLatinvestor - Antioquia Price Forecasts
- Properstar - Antioquia House Prices
- Primavera Realty - Medellín Real Estate Update
- Properstar Australia - Colombia House Prices
- TheLatinvestor - Antioquia Property
- BuildMax Group - Sabaneta Investment Reasons
- Medellín Advisors - Price Per Square Meter Analysis
- Global Property Guide - Colombia Price History