House prices in Madrid province

At the average appraised value, a 90 m² home costs €368,064. With 10% down and a 30-year mortgage, the payment is €1,404 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

2.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Buyers living abroad bought 1.4% of the homes sold here in the four quarters to Q2 2026.

Appraised values have fallen by 3% or more 3 times since 1995. The deepest began in Q4 2007.

In 2024 the population grew by 102,333 while 23,464 homes were finished: 4.4 new residents for every new home.

6.3% of the 2,956,941 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

In 2025, 6% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Public bodies signed €218.9M of housing works here in 2025, and €810.7M since 2017.