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The figures side by side

MeasurePalencia province
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes11%
Payment, one income22%
New homes
Licensed, 12 months369
Per 1,000 residents2.3
Foreign buyers
Bought by buyers abroad, 12 months0.8%
Past cycles
Deepest fall−20.6%
Recovery from the low54 months
People and new homes
New residents per new home, 20242.0
Population change, 2024+638
Empty homes
Empty, 2021 census15.3%
Empty homes17,799
Public housing works
Signed in 2025€3.2M
Per resident, 2025€20

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

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Affordability

  • Palencia province

    At the average appraised value, a 90 m² home costs €101,484. With 10% down and a 30-year mortgage, the payment is €387 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

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New homes

  • Palencia province

    22.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

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Foreign buyers

  • Palencia province

    Buyers living abroad bought 0.8% of the homes sold here in the four quarters to Q2 2026.

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Past cycles

  • Palencia province

    Appraised values have fallen by 3% or more once since 2012. That fall began in Q4 2012.

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People and new homes

  • Palencia province

    In 2024 the population grew by 638 while 316 homes were finished: 2.0 new residents for every new home.

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Empty homes

  • Palencia province

    15.3% of the 116,431 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

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Public housing works

  • Palencia province

    Public bodies signed €3.2M of housing works here in 2025, and €11.6M since 2017.

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