Property market and house prices in Centro, Madrid Capital

The average asking price of homes for sale in Centro in October 2026 is

7,867 €/m²

Average asking price of homes listed for sale (not for rent), according to Idealista. Latest data: October 2026.

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Historical prices per square metre in Centro compared with Euribor

Home sale price data for Centro has been sourced from the Idealista property portal database.

Price per m²

Latest data: 7.867 €/m² (Oct 2026)
Maximum: 7.867 €/m² (Oct 2026)
Minimum: 3.248 €/m² (Aug 2013)

Price variation m2

1 Month: +1.24%
3 Meses: +1.58%
12 Meses: +9.05%

Euribor

Latest data: 3,30% (Oct 2026)
Maximum: 5,39% (Jun 2008)
Minimum: -0,51% (Dec 2020)

Historical property prices in relation to demand in Centro

This graph shows the comparison between property prices and market demand in Centro. Demand is based on the volume of property-for-sale searches made in Google within Spain for Centro.

Demand

Latest data: 1580 searches (Jul 2026)
Maximum: 4480 searches (Jan 2021)
Minimum: 1580 searches (Jul 2026)

Demand variation

1 Month: -17.28%
3 Meses: -17.28%
12 Meses: -21.78%

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"Buy house in Centro"
"Homes for sale Centro"
"Flats for sale in Centro"
"Apartments for sale in Centro"
"Houses for sale in Centro"
"Properties for sale in Centro"
"Buy flats in Centro"
"Buy apartments in Centro"

En el último dato disponible en Oct 2026 se registraron búsquedas en Google. Dado que existen 86795 inmuebles censados en Centro, esto indica que hay 0 búsquedas de compra por cada 1000 inmuebles censados del distrito.

Over the last 12 months demand has fallen by 21.8%: from 2,020 to 1,580 searches a month (July 2025 to July 2026).
Since December 2020, the first data point available, it has gone from 3,500 to 1,580 searches a month (−54.9% overall).

Precios m2 por barrio en Centro

Barrio	Price	Maximum	Minimum	Last month
Chueca-Justicia	10000/m² _{(Oct 2026)}	10.000 €/m² _{(Oct 2026)}	7.174 €/m² _{(Oct 2023)}	+1.76%
Huertas-Cortes	8864/m² _{(Oct 2026)}	8.864 €/m² _{(Oct 2026)}	6.037 €/m² _{(Oct 2023)}	+2.27%
Lavapiés-Embajadores	6261/m² _{(Oct 2026)}	6.364 €/m² _{(Jul 2026)}	4.440 €/m² _{(Jan 2024)}	-0.49%
Malasaña-Universidad	7996/m² _{(Oct 2026)}	7.996 €/m² _{(Oct 2026)}	5.894 €/m² _{(Oct 2023)}	+0.91%
Palacio	7390/m² _{(Oct 2026)}	7.653 €/m² _{(Apr 2026)}	5.202 €/m² _{(Oct 2023)}	+0.57%
Sol	7903/m² _{(Oct 2026)}	8.015 €/m² _{(Apr 2026)}	6.419 €/m² _{(Oct 2023)}	+2.17%

District description

The real estate market in the Madrid Centro district is one of the most active and dynamic in the city. In this district are some of the most emblematic neighborhoods of the Spanish capital, such as the Barrio de las Letras, Malasaña, Chueca or Lavapiés. In general, the Madrid Centro real estate market has remained stable in recent years, with an upward trend in housing prices due to the high demand and low supply of available properties. In addition, the privileged location of this district means that property prices are higher than in other areas of the city. As for the real estate offer, the Madrid Centro district has a wide variety of properties, from small studios and apartments to large luxury homes. In addition, many of the buildings are period and have architectural elements of great historical and artistic value. In terms of demand, the real estate market in Madrid Centro is very active, both by buyers and tenants. Many people seek to live in this area due to its proximity to the main points of interest in the city, such as museums, theaters, restaurants, shops and business centers. In short, the real estate market in the Madrid Centro district is one of the most attractive in the city due to its privileged location, wide range of properties and great demand by buyers and tenants. However, real estate prices are higher than in other areas of the city, so it is important to carry out a detailed analysis of supply and demand before making an investment in this market.

Vídeo de Centro

District data for Centro

Todos los datos que se muestran a continuación han sido obtenidos de la web del Ayuntamiento de Madrid Capital.

General data

Population: 134.881 habitantes.

Area: 523 ha.

Population density: 258 Habitantes/Ha.

Housing

Dwellings: 86.795 viviendas.

Inhabitants: 2,00 hab./vivienda.

Average size: 72 m2.

In good condition: 74.970 dwellings.

To update: 7.895 dwellings.

Complete renovation: 2.055 dwellings.

Gender

Men: 67.829 habitantes.

Women: 67.052 habitantes.

Age

Average age: 44,03 años.

Age distribution:

De 0 a 14 años: 10.554 años.
De 15 a 29 años: 21.800 años.
De 30 a 44 años: 42.857 años.
De 45 a 64 años: 38.025 años.
De 65 años y más: 21.645 años.

Life expectancy:

Women: 88 years.
Men: 81 years.

Origin

Nationals: 104.041 personas.

Foreigners: 30.837 personas.

Economic indicators

Renta neta media anual de los hogares (Urban Audit) : 38.360 €.

Renta disponible media por persona: 19.199 €.

Pensión media mensual Hombres : 1.523 €.

Pensión media mensual Mujeres : 1.182 €.

Crecimiento/decrecimiento Renta Bruta Per cápita 2017(a)-2008: 3.592 €.

Crecimiento/decrecimiento Renta Bruta Per cápita 2016(a)-2008: 2.509 €.

Unemployment rate

Paro registrado (febrero): 7,05%.

Paro registrado Hombres : 6,96%.

Paro registrado Mujeres: 7,15%.

Municipal Facilities

Apartamentos Municipales para Mayores: 1.

Bibliotecas Comunidad Madrid: 1.

Bibliotecas Municipales: 3.

Bibliotecas públicas Comunidad Madrid: 1.

Bibliotecas públicas Municipales: 4.

Centro de Día de Atención a Niños y Niñas (de 3 a 12 años): 3.

Centros de Apoyo a las Familias (CAF): 1.

Centros de Atención a la Infancia (CAI): 1.

Centros de Atención a las Adicciones (CAD y CCAD): 1.

Centros de Día de Alzheimer y Físicos: 5.

Centros de Servicios Sociales: 2.

Centros deportivos Municipales: 2.

Centros Municipales de Mayores : 4.

Centros Municipales de Salud Comunitaria (CMSC): 1.

Centros para personas sin hogar : 1.

Centros y Espacios Culturales: 6.

Colegios Privados Inf. o Pri. o Inf. y Pri.: 5.

Colegios Privados Inf., Pri. y Sec. o Pri. y Sec.: 7.

Colegios Públicos Infantil y Primaria : 9.

Escuelas Infantiles Municipales: 5.

Escuelas Infantiles Privadas : 3.

Escuelas Infantiles Públicas CAM : 6.

Espacios de Ocio para Adolescentes (El Enredadero): 1.

Instalaciones deportivas básicas: 5.

Instalaciones deportivas de acceso controlado : 1.

Institutos Públicos de Educación Secundaria: 6.

Mercados Municipales: 6.

Piscinas cubiertas: 1.

Pista de atletismo : 1.

Perception of residents' safety

From Madrid Capital:

Year 2023: 7.30.
Year 2021: 7.60.
Year 2019: 7.65.

From Centro (day):

Year 2023: 7.70.
Year 2021: 8.50.
Year 2019: 8.27.

From Centro (night):

Year 2023: 6.60.
Year 2021: 6.90.
Year 2019: 6.98.

Things to improve according to residents

Year 2023: Limpieza (20.10%), Contaminación del aire (21.00%), Tráfico / atascos (21.00%).
Year 2021: Limpieza (29.40%), Contaminación del aire (26.80%), Tráfico / atascos (32.40%).
Year 2019: Limpieza (29.50%), Contaminación del aire (12.00%), Tráfico / atascos (7.80%).