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Get all the data you need about the real estate market in Toluca
As of June 2026, housing prices in Toluca are still affordable compared with Mexico City, but the best areas are no longer cheap.
In this article, we talk about current housing prices in Toluca, with simple numbers for houses, apartments, neighborhoods, taxes, fees, and buyer budgets.
We constantly update this blog post so that the Toluca housing price data stays fresh and useful for buyers.
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 Toluca.
Insights
- The average housing price in Toluca in 2026 is around MXN 2.05 million, but the median is lower, near MXN 1.55 million.
- Toluca house listings are usually 5% to 9% above final sale prices, so negotiation still matters in most neighborhoods.
- Propiedades.com shows an average listed house price near MXN 1.77 million in Toluca, which keeps the local market accessible for mid-income buyers.
- Properstar’s Toluca data is higher, especially for apartments, which suggests that newer or better-located homes are more expensive per square meter.
- The Toluca metropolitan area rose 5.2% in the SHF housing price index, which means prices increased but did not boom.
- A $100,000 budget still works in Toluca in 2026, but it mostly buys compact homes or older properties in practical outer areas.
- A $500,000 budget is already enough for premium houses in Ciprés, Colón, or the Paseo Colón corridor.
- The biggest extra cost for buyers is not always tax. Renovation can add much more than taxes and notary fees on older Toluca homes.
- Toluca is still mostly a house market, while apartments are a smaller part of supply than in Mexico City.
What is the average housing price in Toluca in 2026?
The median housing price in Toluca in 2026 is often more useful than the average because one expensive house in Ciprés or Colón can make the average look higher than what most buyers actually pay.
We are writing this as of 2026 with the latest data collected from authoritative sources that we manually double checked.
The median housing price in Toluca in 2026 is about MXN 1.55 million, which is around $88,900 or €77,100. The average housing price in Toluca in 2026 is about MXN 2.05 million, which is around $117,600 or €101,900.
A realistic range for around 80% of residential properties in Toluca in 2026 is MXN 750,000 to MXN 6.5 million, which is around $43,000 to $372,900 or €37,300 to €323,100.
A realistic entry range in Toluca in 2026 is MXN 650,000 to MXN 1.1 million, which is around $37,300 to $63,100 or €32,300 to €54,700, and this can buy an older 55 to 75 m² house in areas such as El Cerrillo Vista Hermosa, Villas Santín, San Pablo Autopan, or San Pedro Totoltepec.
A typical luxury property in Toluca in 2026 costs around MXN 7 million to MXN 16 million, which is around $401,600 to $918,000 or €348,000 to €795,400, and this usually means a large 350 to 550 m² detached house in Ciprés, Colón, Cacalomacán, or near Paseo Colón.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Toluca.
Are Toluca property listing prices close to the actual sale price in 2026?
In Toluca in 2026, listed property prices are usually about 5% to 9% above final sale prices, with 7% as a practical central estimate.
This gap exists because many sellers in Toluca expect negotiation, especially when a house has been listed for a long time or needs repairs. The gap is usually larger for luxury homes, older houses, and properties with weaker paperwork, while it can be smaller for well-priced entry homes that qualify easily for mortgage financing.
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What is the price per sq m or per sq ft for properties in Toluca in 2026?
As of 2026, the median housing price in Toluca is about MXN 13,500 per m², or MXN 1,254 per sq ft, which is around $774 per m², $72 per sq ft, €671 per m², and €62 per sq ft. The average housing price in Toluca is about MXN 17,000 per m², or MXN 1,579 per sq ft, which is around $975 per m², $91 per sq ft, €845 per m², and €78 per sq ft.
The highest price per m² in Toluca in 2026 is usually found in compact apartments, newer homes, and central premium properties, while the lowest price per m² is usually found in older or basic houses in outer neighborhoods because land and finishes are cheaper there.
The highest price per m² in Toluca in 2026 is usually found in Ciprés, Colón, the Paseo Colón corridor, and some central areas, where prices can reach around MXN 22,000 to MXN 35,000 per m². The lowest price per m² is usually found in Villas Santín, El Cerrillo Vista Hermosa, San Pedro Totoltepec, and San Pablo Autopan, where many homes are around MXN 9,000 to MXN 14,000 per m².
How have property prices evolved in Toluca?
Compared with one year ago, housing prices in Toluca are up about 5.2% in nominal pesos, based on the SHF Toluca metropolitan figure for early 2026. After inflation, the real increase is much smaller, which means Toluca homes are more expensive in pesos but only slightly more expensive in real buying power.
Compared with two years ago, housing prices in Toluca are clearly higher, helped by steady demand from local families, industrial employment, logistics jobs, and Mexico City spillover. The increase is not extreme, but affordable formal housing remains limited, which keeps pressure on entry and mid-market prices.
By the way, we’ve written a blog article detailing the latest updates on property price variations in Mexico.
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 Toluca.
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How do prices vary by housing type in Toluca in 2026?
The Toluca residential market in 2026 is mostly made of standard houses and townhouses, with about 55% standard houses, 20% larger family houses, 12% apartments, 8% entry social-interest homes, 4% luxury detached houses, and 1% very high-end or unusual homes.
Entry social-interest houses in Toluca usually cost around MXN 650,000 to MXN 1.2 million, or about $37,300 to $68,800 and €32,300 to €59,700. Standard houses and townhouses usually cost around MXN 1.4 million to MXN 2.4 million, or about $80,300 to $137,700 and €69,600 to €119,300. Larger family houses usually cost around MXN 2.5 million to MXN 5 million, or about $143,400 to $286,800 and €124,300 to €248,600. Apartments usually cost around MXN 1.3 million to MXN 2.6 million, or about $74,600 to $149,200 and €64,600 to €129,300. Luxury detached houses usually cost around MXN 7 million to MXN 16 million, or about $401,600 to $918,000 and €348,000 to €795,400.
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Toluca in 2026?
New homes in Toluca in 2026 are usually around 10% to 18% more expensive than similar existing homes, with 14% as a practical central estimate.
This premium exists because new Toluca homes are usually easier to finance, need less immediate repair, and include today’s higher land, labor, materials, security, parking, and compliance costs.
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How do property prices vary by neighborhood in Toluca in 2026?
Centro, La Merced, and Colón are practical areas for buyers who want services, hospitals, restaurants, and more central daily life in Toluca. In 2026, homes there often range from MXN 2.5 million to MXN 5.5 million, or about $143,000 to $316,000 and €124,000 to €273,000, with apartments, older houses, and renovated townhomes all present.
Cacalomacán is popular with families who want more space, a quieter setting, and larger detached homes in Toluca. In 2026, typical homes there often range from MXN 2.8 million to MXN 5.8 million, or about $161,000 to $333,000 and €139,000 to €288,000, because larger plots and greener surroundings push prices above the city average.
San Mateo Otzacatipan, Villas Santín, and airport-side areas are more affordable and practical for buyers who care about commuting, industrial employment, and airport access. In 2026, homes there often range from MXN 1 million to MXN 2.2 million, or about $57,000 to $126,000 and €50,000 to €109,000, with many compact houses and townhouses.
You will find a much more detailed analysis by areas in our property pack about Toluca. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Toluca neighborhood | Area profile | Average price range | Average price per m² | Average price per sq ft |
|---|---|---|---|---|
| Villas Santín | Entry / airport-side | MXN 850k to 1.3M / $49k to $75k | MXN 9k to 12k/m² / $516 to $688/m² | MXN 836 to 1,115/sq ft / $48 to $64/sq ft |
| El Cerrillo Vista Hermosa | Entry / value | MXN 700k to 1.4M / $40k to $80k | MXN 9k to 13k/m² / $516 to $746/m² | MXN 836 to 1,208/sq ft / $48 to $69/sq ft |
| San Pedro Totoltepec | Affordable family | MXN 1.2M to 2.0M / $69k to $115k | MXN 10k to 15k/m² / $574 to $861/m² | MXN 929 to 1,394/sq ft / $53 to $80/sq ft |
| San Mateo Otzacatipan | Practical / mid-market | MXN 1.3M to 2.2M / $75k to $126k | MXN 10.5k to 15k/m² / $602 to $861/m² | MXN 975 to 1,394/sq ft / $56 to $80/sq ft |
| San Mateo Oxtotitlán | Family / value | MXN 1.2M to 2.1M / $69k to $120k | MXN 11k to 16k/m² / $631 to $918/m² | MXN 1,022 to 1,486/sq ft / $59 to $85/sq ft |
| San Lorenzo Tepaltitlán | Family / established | MXN 1.2M to 2.3M / $69k to $132k | MXN 11k to 16.5k/m² / $631 to $947/m² | MXN 1,022 to 1,533/sq ft / $59 to $88/sq ft |
| Santa Ana Tlapaltitlán | Mid-market / commuter | MXN 1.8M to 3.2M / $103k to $184k | MXN 13k to 19k/m² / $746 to $1,090/m² | MXN 1,208 to 1,765/sq ft / $69 to $101/sq ft |
| Valle Don Camilo | Family / larger homes | MXN 2.0M to 3.6M / $115k to $207k | MXN 14k to 20k/m² / $803 to $1,147/m² | MXN 1,301 to 1,858/sq ft / $75 to $107/sq ft |
| Américas | Popular / central access | MXN 1.8M to 3.4M / $103k to $195k | MXN 14k to 21k/m² / $803 to $1,205/m² | MXN 1,301 to 1,951/sq ft / $75 to $112/sq ft |
| Centro / La Merced | Central / services | MXN 1.5M to 4.5M / $86k to $258k | MXN 16k to 26k/m² / $918 to $1,492/m² | MXN 1,486 to 2,416/sq ft / $85 to $139/sq ft |
| Cacalomacán | Green / family / upper-mid | MXN 2.5M to 5.5M / $143k to $315k | MXN 15k to 23k/m² / $861 to $1,319/m² | MXN 1,394 to 2,137/sq ft / $80 to $123/sq ft |
| Ciprés / Colón | Premium / central-west | MXN 6M to 13M / $344k to $746k | MXN 22k to 35k/m² / $1,262 to $2,008/m² | MXN 2,044 to 3,252/sq ft / $117 to $187/sq ft |
How much more do you pay for properties in Toluca when you include renovation work, taxes, and fees?
In Toluca in 2026, the total cost of buying a property is usually 5% to 9% above the purchase price for a new or recent home, 10% to 20% above for a normal existing home, and 25% to 45% above for an older home needing major work.
If you buy a Toluca property for around $200,000, or about MXN 3.49 million, you may pay around MXN 210,000 to MXN 315,000 in closing costs and MXN 350,000 to MXN 650,000 in normal renovation work. This would bring the total to roughly MXN 4.05 million to MXN 4.45 million, or about $232,000 to $255,000.
If you buy a Toluca property for around $500,000, or about MXN 8.72 million, you may pay around MXN 520,000 to MXN 785,000 in closing costs and MXN 900,000 to MXN 1.8 million in renovation work. This would bring the total to roughly MXN 10.1 million to MXN 11.3 million, or about $580,000 to $648,000.
If you buy a Toluca property for around $1,000,000, or about MXN 17.43 million, you may pay around MXN 1.05 million to MXN 1.57 million in closing costs and MXN 1.8 million to MXN 3.5 million in renovation work. This would bring the total to roughly MXN 20.3 million to MXN 22.5 million, or about $1.16 million to $1.29 million.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Mexico.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Toluca
| Extra cost | Type | Estimated cost range in Toluca |
|---|---|---|
| Acquisition tax / transfer tax | Tax | Often around 2% to 4% of deed or taxable value. On a MXN 2 million home, this means about MXN 40,000 to MXN 80,000, or around $2,300 to $4,600. The final amount depends on the official value used for the deed. |
| Notary fees | Fees | Often around 1% to 2.5% of the purchase price. On a MXN 2 million home, this means about MXN 20,000 to MXN 50,000, or around $1,100 to $2,900. Notary costs vary by deed value and paperwork complexity. |
| Public registry and certificates | Fees | Often around 0.3% to 1% of the purchase price. On a MXN 2 million home, this means about MXN 6,000 to MXN 20,000, or around $340 to $1,100. These costs cover formal registration and documents. |
| Appraisal | Fees | Usually around MXN 4,000 to MXN 12,000, or around $230 to $690. Buyers using a mortgage normally need an appraisal. Cash buyers may still use one to check the price. |
| Mortgage opening and admin costs | Financing | Often around 0.5% to 1.5% if using credit. On a MXN 2 million home, this means about MXN 10,000 to MXN 30,000, or around $570 to $1,700. The exact cost depends on the bank and loan structure. |
| Light renovation | Renovation | Usually around MXN 3,000 to MXN 6,000 per m², or around $172 to $344 per m². This may cover paint, minor repairs, simple flooring, fixtures, and basic refresh work. It is common in older Toluca homes. |
| Medium renovation | Renovation | Usually around MXN 6,000 to MXN 12,000 per m², or around $344 to $688 per m². This may include bathrooms, kitchen work, electrical updates, plumbing, windows, and better finishes. It can change the real cost of a bargain property. |
| Heavy renovation | Renovation | Usually around MXN 12,000 to MXN 20,000 or more per m², or around $688 to $1,147 or more per m². This may include structural repairs, major systems, full remodeling, and exterior work. Older central houses can fall into this category. |
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 Toluca in 2026 with different budgets?
With $100,000, or about MXN 1.74 million, you can realistically buy an existing 60 to 75 m² house in El Cerrillo Vista Hermosa, an existing 70 to 90 m² townhouse in Villas Santín, or an older 55 to 70 m² apartment in Centro or San Lorenzo Tepaltitlán.
With $200,000, or about MXN 3.49 million, you can buy an existing 150 to 220 m² family house in Cacalomacán, a new or recent 100 to 140 m² townhouse in San Mateo Otzacatipan, or an existing 120 to 180 m² house in Santa Ana Tlapaltitlán or Valle Don Camilo.
With $300,000, or about MXN 5.23 million, you can buy an existing 220 to 300 m² house in Cacalomacán, a renovated 180 to 250 m² central house in Centro or La Merced, or a large 200 to 280 m² family house in Américas or Valle Don Camilo.
With $500,000, or about MXN 8.72 million, you can buy a large existing 300 to 450 m² residence in Ciprés, a premium 250 to 400 m² house in Colón or near Paseo Colón, or a large 350 to 500 m² family house with land in Cacalomacán.
With $1,000,000, or about MXN 17.43 million, you can buy a high-end 450 to 650 m² detached residence in Ciprés or Colón, a large estate-style home in Cacalomacán, or a rare central mansion-style property near Centro or Paseo Colón.
With $2,000,000, or about MXN 34.86 million, there is not a deep normal market inside Toluca, so this budget is more suited to a very large estate, an exceptional central compound, or a portfolio of several mid-market rental homes.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Mexico.
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 Toluca, 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 | Why this source matters | How we used it |
|---|---|---|
| SHF housing price index, Q1 2026 | SHF is Mexico’s federal housing finance institution and is a key official source for housing price trends. | We used it to anchor the official 2026 housing price trend in Mexico and Toluca. We treated it as stronger than listing portals for price growth because it is linked to mortgage-backed housing values. |
| SHF housing price index document hub | This official archive helps confirm that the 2026 figures are part of the SHF index series. | We used it to cross-check the national and geographic context. We also used it to understand how new and existing housing prices moved in Mexico. |
| Propiedades.com Toluca house value page | Propiedades.com is a major Mexican real estate portal with local listing statistics by city and property type. | We used it as the main Toluca-specific asking-price source for houses. We used the average price, median built area, median price per m², and supply count as important local anchors. |
| Properstar Toluca price page | Properstar publishes city-level price per m² indicators by property type. | We used it to compare Toluca house and apartment prices per m². We used it as a second portal check so we would not rely on only one listing source. |
| Inmuebles24 Toluca listings | Inmuebles24 is one of Mexico’s main real estate listing platforms. | We used it to check active supply and listing examples in Toluca. We used it to sanity-check entry, mid-market, and premium price ranges. |
| Banco de México exchange-rate portal | Banxico is Mexico’s central bank and is the official source for Mexican exchange-rate reference data. | We used it to convert Mexican pesos into US dollars. We used USD 1 equal to MXN 17.4312 as the working June 2026 rate. |
| European Central Bank EUR/MXN reference rate | The ECB is the official central bank of the euro area and publishes daily euro reference rates. | We used it to convert Mexican pesos into euros. We used EUR 1 equal to MXN 20.1157 as the working June 2026 rate. |
| Banxico and INEGI INPC table | Banxico republishes official INEGI consumer price index data, which is the main inflation reference for Mexico. | We used it to separate nominal price growth from inflation-adjusted growth. We used the May 2026 INPC figure as the latest inflation benchmark mentioned in the analysis. |
| Estado de México Código Financiero | This is the official State of Mexico legal source for local fiscal rules and property-related charges. | We used it to frame acquisition taxes, registry fees, and public charges. We did not present one exact tax bill because the final cost depends on the deed value and buyer situation. |
| Instituto Hacendario del Estado de México | IHAEM points to the State of Mexico fiscal framework used by municipalities. | We used it to check that the 2026 municipal fiscal rules were active and relevant. We used it as support for the tax and fee assumptions. |
| INEGI INPC information | INEGI is Mexico’s official statistics institute and produces the consumer price index. | We used it as the underlying inflation authority behind the INPC data. We used inflation to explain why nominal housing growth in Toluca feels smaller in real terms. |
| SAT dollar exchange-rate consultation | SAT publishes official tax-use exchange-rate references for Mexico. | We used it as a cross-check for the USD/MXN conversion environment. We kept Banxico as the main exchange-rate source for the article. |
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