How much do houses cost now in Valparaiso? (2026)

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

Yes, the analysis of Valparaiso's property market is included in our pack

How much do houses cost in Valparaiso as of 2026?

What's the median and average house price in Valparaiso as of 2026?

As of early 2026, the median house asking price in Valparaiso sits at approximately CLP 160 million (around USD 178,000 or EUR 165,000), while the average price reaches about CLP 210 million (roughly USD 233,000 or EUR 216,000) due to large hillside properties and prime tourist areas pulling numbers upward.

The typical price range that covers roughly 80% of house sales in Valparaiso falls between CLP 100 million and CLP 260 million (approximately USD 111,000 to USD 289,000, or EUR 103,000 to EUR 268,000).

The gap between median and average prices in Valparaiso reveals a market with two distinct segments: affordable family housing in suburbs like Curauma and Placilla, and premium renovated heritage homes on iconic hills like Cerro Alegre where prices can double or triple the city average.

At the median price of CLP 160 million in Valparaiso, a buyer can typically expect a 3-bedroom house of about 90 to 120 square meters in Curauma or Placilla, often built within the last 15 years with basic parking and a small yard, though not in the historic tourist hills where that budget buys much less space.

What's the cheapest livable house budget in Valparaiso as of 2026?

As of early 2026, the minimum budget for a livable house in Valparaiso is approximately CLP 75 million to CLP 95 million (roughly USD 83,000 to USD 106,000, or EUR 77,000 to EUR 98,000).

"Livable" at this entry-level price point in Valparaiso typically means a smaller house of 50 to 80 square meters that may lack modern insulation, dedicated parking, or upgraded plumbing, and you should expect some deferred maintenance rather than move-in-ready condition.

The cheapest livable houses in Valparaiso are usually found in Placilla (including Placilla de Curauma), the outer edges of Curauma with older starter homes, and parts of Playa Ancha that sit further from the central cerros.

Wondering what you can get? We cover all the buying opportunities at different budget levels in Valparaiso here.

How much do 2 and 3-bedroom houses cost in Valparaiso as of 2026?

As of early 2026, a typical 2-bedroom house in Valparaiso costs between CLP 85 million and CLP 140 million (USD 94,000 to USD 156,000, or EUR 87,000 to EUR 144,000), while a 3-bedroom house ranges from CLP 110 million to CLP 190 million (USD 122,000 to USD 211,000, or EUR 113,000 to EUR 196,000).

The realistic price range for a 2-bedroom house in Valparaiso is CLP 85 million to CLP 140 million (approximately USD 94,000 to USD 156,000, or EUR 87,000 to EUR 144,000), with most options located in Placilla, Curauma's starter developments, and parts of Playa Ancha.

For a 3-bedroom house in Valparaiso, buyers should expect to pay between CLP 110 million and CLP 190 million (around USD 122,000 to USD 211,000, or EUR 113,000 to EUR 196,000), with most inventory in Curauma, Placilla, and mid-market hillside neighborhoods.

Moving from a 2-bedroom to a 3-bedroom house in Valparaiso typically adds a price premium of CLP 25 million to CLP 50 million (about USD 28,000 to USD 56,000, or EUR 26,000 to EUR 52,000), representing roughly a 25% to 35% increase depending on neighborhood and condition.

How much do 4-bedroom houses cost in Valparaiso as of 2026?

As of early 2026, a typical 4-bedroom house in Valparaiso costs between CLP 160 million and CLP 320 million (approximately USD 178,000 to USD 356,000, or EUR 165,000 to EUR 330,000), most commonly found in Curauma family developments, larger Placilla lots, and better-located hillside areas.

The realistic price range for a 5-bedroom house in Valparaiso is CLP 240 million to CLP 420 million (around USD 267,000 to USD 467,000, or EUR 247,000 to EUR 433,000), with these larger properties concentrated in Cerro Alegre, Cerro Concepcion, and premium hillside locations with views.

For a 6-bedroom house in Valparaiso, buyers should expect to pay between CLP 320 million and CLP 520 million (roughly USD 356,000 to USD 578,000, or EUR 330,000 to EUR 536,000), typically found in large historic homes on the tourist hills that sometimes have boutique-hotel-style layouts.

Please note that we give much more detailed data in our pack about the property market in Valparaiso.

How much do new-build houses cost in Valparaiso as of 2026?

As of early 2026, a typical new-build house in Valparaiso costs between CLP 140 million and CLP 260 million (approximately USD 156,000 to USD 289,000, or EUR 144,000 to EUR 268,000), with most new construction concentrated in Curauma and Placilla where planned developments dominate.

New-build houses in Valparaiso typically carry a premium of 10% to 25% compared to older resale houses of similar size and location, reflecting tighter layouts, better thermal standards, modern plumbing, and fewer immediate repair needs that older hillside homes often require.

How much do houses with land cost in Valparaiso as of 2026?

As of early 2026, a typical house with land in Valparaiso costs between CLP 140 million and CLP 450 million (approximately USD 156,000 to USD 500,000, or EUR 144,000 to EUR 464,000), depending on lot size, location, and whether the property has urban infrastructure or sits in a more rural pocket.

In Valparaiso, a "house with land" typically means a lot of 300 to 5,000 square meters, with smaller urban-style extra lots (300 to 600 square meters) common in Placilla outskirts and larger parcela-style properties (1,000 square meters and up) found in coastal or semi-rural areas like Laguna Verde.

Where are houses cheapest and most expensive in Valparaiso as of 2026?

Which neighborhoods have the lowest house prices in Valparaiso as of 2026?

As of early 2026, the neighborhoods with the lowest house prices in Valparaiso are Placilla (including Placilla de Curauma), budget pockets of Curauma with older starter stock, and some sections of Playa Ancha that sit away from the scenic hills.

The typical house price range in these cheapest neighborhoods is CLP 75 million to CLP 150 million (approximately USD 83,000 to USD 167,000, or EUR 77,000 to EUR 155,000).

These neighborhoods have the lowest house prices in Valparaiso primarily because they are further from the tourist-driven cerros, lack the sea views and heritage architecture that command premiums, and often require car access rather than offering walkable amenities.

Which neighborhoods have the highest house prices in Valparaiso as of 2026?

As of early 2026, the three neighborhoods with the highest house prices in Valparaiso are Cerro Alegre, Cerro Concepcion, and the premium-view corridors along the most touristic hillsides where renovated historic homes stand out.

The typical house price range in these most expensive neighborhoods is CLP 240 million to CLP 520 million (approximately USD 267,000 to USD 578,000, or EUR 247,000 to EUR 536,000), with exceptional properties exceeding these figures.

These neighborhoods command the highest house prices in Valparaiso because they combine scarce renovated heritage stock, panoramic harbor and ocean views, strong short-term rental economics, and lifestyle appeal that draws both local and international buyers willing to pay for Valparaiso's iconic character.

The typical buyer in these premium Valparaiso neighborhoods is often a lifestyle-focused foreigner seeking a second home, an investor targeting vacation rentals, or a local professional attracted by the cultural scene and willing to pay a premium for walkable access to galleries, restaurants, and the historic ascensores.

How much do houses cost near the city center in Valparaiso as of 2026?

As of early 2026, a typical house near Valparaiso's city center (the Plan area and closest cerros like Cerro Alegre and Cerro Concepcion) costs between CLP 180 million and CLP 380 million (approximately USD 200,000 to USD 422,000, or EUR 186,000 to EUR 391,000), though houses are less common than apartments in this area.

Houses near major transit hubs in Valparaiso, particularly along the Metrovía corridor and key bus routes connecting to Curauma and Placilla, typically cost CLP 120 million to CLP 260 million (around USD 133,000 to USD 289,000, or EUR 124,000 to EUR 268,000).

Houses near top-rated schools in the greater Valparaiso area, including families who reference schools in neighboring Vina del Mar alongside local options, typically cost CLP 120 million to CLP 260 million (approximately USD 133,000 to USD 289,000, or EUR 124,000 to EUR 268,000), with most family-oriented housing in Curauma and Placilla.

Houses in expat-popular areas of Valparaiso, primarily Cerro Alegre and Cerro Concepcion where the foreigner-friendly lifestyle and short-term rental scene thrive, typically cost CLP 180 million to CLP 450 million or more (around USD 200,000 to USD 500,000+, or EUR 186,000 to EUR 464,000+).

We actually have an updated expat guide for Valparaiso here.

How much do houses cost in the suburbs in Valparaiso as of 2026?

As of early 2026, a typical house in the suburbs of Valparaiso costs between CLP 100 million and CLP 250 million (approximately USD 111,000 to USD 278,000, or EUR 103,000 to EUR 258,000), with Curauma at the upper end and Placilla offering more budget-friendly options.

The typical price difference between suburban houses and city-center houses in Valparaiso is CLP 60 million to CLP 150 million (around USD 67,000 to USD 167,000, or EUR 62,000 to EUR 155,000), representing a savings of roughly 30% to 50% compared to the prime historic cerros.

The most popular suburbs for house buyers in Valparaiso are Curauma (favored for its planned developments, family layouts, and newer construction) and Placilla (attracting buyers who prioritize affordability and larger lots over walkability).

What areas in Valparaiso are improving and still affordable as of 2026?

As of early 2026, the top areas in Valparaiso that are improving and still affordable for house buyers are Curauma (steady family demand with expanding amenities), Placilla de Curauma (newer developments at lower price points), and selected parts of Playa Ancha where access and infrastructure have improved.

The current typical house price in these improving yet affordable areas is CLP 100 million to CLP 200 million (approximately USD 111,000 to USD 222,000, or EUR 103,000 to EUR 206,000).

The main sign of improvement driving buyer interest in these areas is the steady construction of newer housing stock, the expansion of commercial services (supermarkets, schools, medical clinics), and improved road access that makes commuting to Vina del Mar and Santiago more practical.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Valparaiso.

What extra costs should I budget for a house in Valparaiso right now?

What are typical buyer closing costs for houses in Valparaiso right now?

The typical total closing cost for house buyers in Valparaiso ranges from 1.5% to 3% of the purchase price for cash buyers, and from 3% to 6% when using a mortgage due to additional appraisal, bank study, and mandatory insurance fees.

The main closing cost categories in Valparaiso include notary fees (around CLP 300,000 to CLP 800,000), Conservador de Bienes Raices registration (approximately CLP 200,000 to CLP 600,000), legal review (CLP 400,000 to CLP 1,200,000), and for mortgage buyers, appraisal and bank study fees (CLP 200,000 to CLP 500,000 combined).

The single largest closing cost category for most house buyers in Valparaiso is usually the legal and notary fees combined, or for mortgage buyers, the mandatory fire and earthquake insurance premium that banks require upfront.

We cover all these costs and what are the strategies to minimize them in our property pack about Valparaiso.

How much are property taxes on houses in Valparaiso right now?

The typical annual property tax (called "contribuciones") for a house in Valparaiso ranges from CLP 400,000 to CLP 1,600,000 (approximately USD 444 to USD 1,778, or EUR 412 to EUR 1,650), depending on the property's assessed taxable value.

Property tax in Valparaiso is calculated based on the "avaluo afecto" (taxable assessed value) determined by Chile's tax authority (SII) during periodic revaluations, not on your purchase price, which is why two houses with identical sale prices can have very different tax bills.

If you want to go into more details, we also have a page with all the property taxes and fees in Valparaiso.

How much is home insurance for a house in Valparaiso right now?

The typical annual home insurance cost for a house in Valparaiso ranges from CLP 120,000 to CLP 380,000 (approximately USD 133 to USD 422, or EUR 124 to EUR 391), covering fire and usually earthquake (sismo), which is strongly recommended in seismically active Chile.

The main factors affecting home insurance premiums for houses in Valparaiso include the property's rebuild value, construction type (wood versus concrete versus mixed), age and condition, location on a hillside versus flat ground, and whether you add comprehensive earthquake coverage beyond the basic fire policy.

What are typical utility costs for a house in Valparaiso right now?

The typical total monthly utility cost for a house in Valparaiso ranges from CLP 55,000 to CLP 145,000 (approximately USD 61 to USD 161, or EUR 57 to EUR 149), though this varies significantly with season, household size, and heating method.

The main utility categories for houses in Valparaiso break down as follows: electricity through Chilquinta typically costs CLP 35,000 to CLP 90,000 per month (higher in winter if using electric heating), and water plus sewer through ESVAL runs CLP 20,000 to CLP 55,000 per month for typical household consumption.

What are common hidden costs when buying a house in Valparaiso right now?

The total of common hidden costs that house buyers in Valparaiso often overlook typically ranges from CLP 1,500,000 to CLP 5,000,000 (approximately USD 1,667 to USD 5,556, or EUR 1,546 to EUR 5,154), including inspections, immediate repairs, and connection fees.

Typical inspection fees buyers should expect when purchasing a house in Valparaiso include a general property inspection at CLP 180,000 to CLP 450,000, a structural or engineer review (highly recommended on hillside properties) at CLP 300,000 to CLP 900,000, and optional specialist checks for roof, damp, or termites at CLP 80,000 to CLP 250,000 each.

Other common hidden costs beyond inspections include moisture and mold remediation (common due to coastal humidity), retaining wall repairs on hillside properties, roofing replacement or corrosion treatment from sea air, electrical grounding upgrades in older homes, and termite treatment in wooden structures.

The hidden cost that tends to surprise first-time house buyers the most in Valparaiso is retaining wall maintenance and slope stability work, because hillside homes can face expensive drainage and structural repairs that are not obvious during a casual viewing but become critical after heavy rains.

You will find here the list of classic mistakes people make when buying a property in Valparaiso.

What do locals and expats say about the market in Valparaiso as of 2026?

Do people think houses are overpriced in Valparaiso as of 2026?

As of early 2026, locals and expats in Valparaiso have mixed feelings: many buyers feel houses on the prime heritage hills like Cerro Alegre and Cerro Concepcion are "expensive for the maintenance risk," while family housing in Curauma and Placilla is generally seen as fairly valued for what you get.

Houses in Valparaiso typically stay on the market for 60 to 120 days before selling, with well-priced family homes in Curauma and Placilla sometimes selling in under 60 days, while overpriced or high-maintenance hillside properties can sit for 120 days or longer.

The main reason locals and expats give for feeling house prices in Valparaiso are either too high or fairly valued depends heavily on the segment: critics point to the unpredictable renovation costs and seismic risks on the cerros, while those who see fair value appreciate the lifestyle, views, and relative affordability compared to Santiago.

Compared to one or two years ago, sentiment on house prices in Valparaiso has shifted from cautious optimism to pragmatic negotiation, as the market cooled after 2024 corrections and buyers now expect more leverage in pricing discussions than they had during the post-pandemic surge.

You'll find our latest property market analysis about Valparaiso here.

Are prices still rising or cooling in Valparaiso as of 2026?

As of early 2026, house prices in Valparaiso are best described as cool-to-stable rather than actively rising, with the market adjusting after 2024 corrections and buyers having more negotiating power than in previous boom years.

The estimated year-over-year house price change in Valparaiso is roughly flat to slightly negative in real terms (after adjusting for inflation), though nominal prices may show modest single-digit increases that largely track UF inflation indexing rather than genuine appreciation.

Experts and locals expect house prices in Valparaiso over the next 6 to 12 months to remain stable or see very modest growth of 2% to 4%, with well-located and well-maintained properties outperforming while overpriced listings face longer selling times and more negotiation.

Finally, please note that we have covered property price trends and forecasts for Valparaiso here.

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 Valparaiso, 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.