# Property Prices Magdeburg 2026

> Apartments in Magdeburg cost a median €1,885 per m². Range, cold rent, gross rental yield and market activity, updated daily.

Canonical: https://www.investbud.de/en/property-prices/sachsen-anhalt/magdeburg
Last updated: 2026-11-04

In Magdeburg, apartments are currently offered at a median €1,885 per m²; the middle half of listings lies between €1,585 and €2,500. A typical flat of 67 m² costs €130,000. Newly let flats ask €7.50 per m² in cold rent, for a gross rental yield of 4.8% or a price-to-rent multiple of 20.9.

As of November 4, 2026

- Price per m² (median): €1,885 (Range €1,585 – €2,500)
- Typical price: €130,000 (for 67 m²)
- Cold rent per m²: €7.50
- Gross rental yield: 4.8%
- Price-to-rent multiple: 20.9
- Listings: 359
- Days on market (median): 14
- Listings with a price cut: 5%

## How Magdeburg compares

At €1,885 per m², Magdeburg ranks 20 among the 22 cities with the most listings in Saxony-Anhalt, counted from the cheapest. That is 9% more than the Saxony-Anhalt median (€1,726). Flats are off the market after a median 14 days; supply is tight.

## Prices by number of rooms

| Name | Price per m² | Typical price | Listings |
| --- | --- | --- | --- |
| 1 room | €1,798 | €73,500 | 36 |
| 2 rooms | €1,881 | €106,000 | 155 |
| 3 rooms | €1,805 | €144,750 | 109 |
| 4 rooms or more | €2,515 | €239,000 | 59 |

## Similarly priced places

- Barleben: €1,600 / m²
- Lutherstadt Wittenberg: €1,617 / m²
- Landsberg: €1,620 / m²
- Gardelegen: €1,756 / m²
- Wernigerode: €1,790 / m²
- Quedlinburg: €1,803 / m²

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.

## Frequently Asked Questions

### What does an apartment in Magdeburg cost?

A median €1,885 per m²; a typical flat of 67 m² is offered for €130,000. The middle half of listings lies between €1,585 and €2,500 per m².

### What is the rental yield in Magdeburg?

The gross rental yield is 4.8% and the price-to-rent multiple 20.9: a flat costs as much as 20.9 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 Magdeburg, recomputed daily. No individual listing is shown.

### How high are the closing costs in Magdeburg?

A typical flat at the median price of €130,000 comes with about €13,091 in closing costs: €6,500 property transfer tax (5.0% in Saxony-Anhalt), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €39,091 of equity.

## Related

- [Property market Saxony-Anhalt](https://www.investbud.de/en/states/sachsen-anhalt)
- [Rent prices in Magdeburg](https://www.investbud.de/en/rent-prices/magdeburg)
- [Estimate a flat's value](https://www.investbud.de/en/property-value-estimator)
- [Estimate the rent](https://www.investbud.de/en/rent-estimator)