Housing market 2024: Prices continue to rise - where there are still bargains in Ulm!

Housing market 2024: Prices continue to rise - where there are still bargains in Ulm!

Real estate prices in the Ulm Region show the first signs of a decline, but the high rental prices continue to rely on tenants. According to the 2024 Local Market Report of the Ulm real estate company Hirn, the purchase prices for single -family houses and apartments have decreased slightly, but rents increase unstoppable. The increasing need for living space applies to a lack of new buildings, which makes the situation unbearable for tenants.

In the inner city areas of Ulm and Neu-Ulm, the square meter prices for new apartments reach 16.25 euros (plus 16 percent) and 13.50 euros for existing apartments (plus twelve percent). While the purchase prices for living space dropped by almost four percent, the search for affordable living space remains an enormous challenge for many. Especially in the surrounding area of Ulm, the prices are more moderate, with square meter prices for rental apartments around 10.50 euros in Ehingen and 11.44 euros in Blaustein. The report also shows that the differences between urban and rural living space are enormous, since significantly cheaper offers can often be found in the surrounding area. You can find more information in a report on www.schwaebische.de .