Property Prices Gelsenkirchen 2026
Price per m² (median)
€1,952/ m²
- Range €1,399 – €3,084
- Typical price: €148,500 (for 75 m²)
From active listings
In Gelsenkirchen, apartments are currently offered at a median €1,952 per m²; the middle half of listings lies between €1,399 and €3,084. A typical flat of 75 m² costs €148,500. Newly let flats ask €7.15 per m² in cold rent, for a gross rental yield of 4.4% or a price-to-rent multiple of 22.8.
As of November 3, 2026
- Cold rent per m²
- €7.15
- Gross rental yield
- 4.4%
- Price-to-rent multiple
- 22.8
- Listings
- 238
- 169 new in 30 days
- Days on market (median)
- 10
- Listings with a price cut
- 4%
How Gelsenkirchen compares
At €1,952 per m², Gelsenkirchen ranks 14 among the 200 cities with the most listings in North Rhine-Westphalia, counted from the cheapest. That is 41% less than the North Rhine-Westphalia median (€3,333). Flats are off the market after a median 10 days; supply is tight.
What does buying a typical flat in Gelsenkirchen cost?
Example for a flat at the median price of €148,500, using the standard assumptions of our analysis.
| Purchase price | €148,500 |
|---|---|
| Property transfer tax North Rhine-Westphalia (6.5%) | €9,653 |
| Notary (1.0%) | €1,485 |
| Land registry (0.5%) | €743 |
| Broker (3.57%) | €5,301 |
| Total closing costs | €17,181 |
| Equity (20 % plus closing costs) | €46,881 |
| Loan | €118,800 |
| Monthly payment (3.5% interest, 30 years) | €533 |
| Cold rent at 75 m² | €540 |
| Surplus before running costs | €6 |
Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.
Prices by number of rooms
| Name | Price per m² | Typical price |
|---|---|---|
| 1 room | €4,202 | €143,000 |
| 2 rooms | €1,993 | €116,950 |
| 3 rooms | €1,912 | €148,500 |
| 4 rooms or more | €1,691 | €180,000 |
Medians of asking prices and asking rents of publicly listed apartments, recomputed daily. Asking prices are not sale prices and not a valuation under § 194 BauGB; actual sale prices can differ.
Looking at a flat in Gelsenkirchen?
Work through price, financing, costs and taxes to see what is left at the end.
Frequently Asked Questions
The answers come from current listings of apartments for sale in Gelsenkirchen, as of November 3, 2026.
Terms and method
The glossary explains the terms; the methodology shows how the figures are built.
What does an apartment in Gelsenkirchen cost?
A median €1,952 per m²; a typical flat of 75 m² is offered for €148,500. The middle half of listings lies between €1,399 and €3,084 per m².
What is the rental yield in Gelsenkirchen?
The gross rental yield is 4.4% and the price-to-rent multiple 22.8: a flat costs as much as 22.8 years of cold rent. After costs and financing less remains; an analysis works that out for a specific flat.
Where do the figures come from?
From aggregated asking prices and rents of publicly listed apartments in Gelsenkirchen, recomputed daily. No individual listing is shown.
How high are the closing costs in Gelsenkirchen?
A typical flat at the median price of €148,500 comes with about €17,181 in closing costs: €9,653 property transfer tax (6.5% in North Rhine-Westphalia), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €46,881 of equity.