The real estate market in Munich-Untermenzing
Untermenzing is a popular and exceptionally high-demand residential area with many recreational spaces. Families in particular really like living here. Prices for condominiums, houses, and plots of land have risen sharply over the last 10 years. This is due, among other things, to the high demand and scarce supply of real estate in Untermenzing.
Real estate sales and property prices in Untermenzing
Enclosed you will find an overview of the sold properties and achieved prices. The Real estate prices in Munich-Untermenzing are on average 7,000 EUR/m² for apartments and for houses on average around 7,890 EUR/m². New apartments in Untermenzing are listed for an average of 10,240 EUR/m². The purchase prices for new houses in Untermenzing average 19,770 EUR/m².
A significant increase in real estate prices for condominiums and houses in Munich-Untermenzing has been recorded starting in 2010. This was primarily due to the financial crisis, which triggered a great deal of uncertainty. The price increase for previously owned condominiums is 86 percent and for houses approximately 74 percent since 2014.
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Sold properties in Untermenzing
In Munich-Untermenzing, a total of 9 residential plots for individual development with a total area of 0.6 ha were sold. The sale of these residential plots generated a revenue of 20.6 million EUR. Unfortunately, no properties were sold on the market for multi-family residential plots. This is due to the scarcity of supply.
Sale of the residential building plots
Quantity: 9
Revenue: EUR 20.6 million
Area: 0.6 ha
Sale of the multi-family residential building plots
Quantity: –
Revenue: –
Area: –
Several new construction projects have been realized in Munich-Untermenzing. Property developers are constantly looking for land in Untermenzing for the construction of condominiums and houses. 12 new construction properties with a total selling price of 12 million EUR were notarized. The demand for pre-owned real estate was also optimal in Munich-Untermenzing. A total of 74 properties changed hands with a sales volume of 34 million EUR.
Sold new construction properties
Quantity: 12
Revenue: EUR 12 million
Resold items
Quantity: 74
Revenue: EUR 34 million
As for single-family homes, a total of 40 properties were recorded as sold. The property prices for single-family homes generated a total turnover of EUR 45.9 million, and the total area sold was 1.4 hectares. No properties were sold on the multi-family housing market in Munich-Untermenzing.
Sold single-family homes
Quantity: 40
Revenue: EUR 45.9 million
Area: 1.4 ha
Sold apartment buildings
Quantity: –
Revenue: –
Area: –
For several years now, a very strongly rising trend in real estate prices has also been visible in Untermenzing. This affects plots of land, houses, and condominiums, regardless of whether they are new construction projects or resale properties. Since land prices have increased significantly, this is reflected in the new construction projects. We as Real estate agent for Munich-Untermenzing look forward to new offers. If you have any questions about our work, please feel free to contact us. contact.
Real estate agent for Munich-Untermenzing
- Since 2004, we have been successfully brokering plots of land, houses, and condominiums in Munich-Untermenzing.
- We offer individualized and personalized advice.
- Benefit from our market knowledge in Untermenzing.
- With us, you can achieve the best possible price for your apartment, house, or property in Munich-Untermenzing quickly and securely.
- With us, you can count on genuine customer service characterized by honesty, clarity, and success.
- We are more than happy to take the time to address your questions and concerns.
- We look forward to hearing from you.
Clear presentation of real estate prices in Munich-Untermenzing
Many investors prefer investing in real estate in the economically strong location of Munich. The demand for apartment buildings, resale condominiums, new-build properties, and plots of land is excellent in Untermenzing. Here, we have illustrated the development of real estate prices in Munich-Untermenzing for apartments and houses. This allows you to see at a glance where prices currently stand and how they have developed from 2018 to the present. The percentage increase refers to the year 2017.
Development of real estate prices for apartments in Munich-Untermenzing since 2018
Development of real estate prices for apartments in Munich-Untermenzing since 2018
Do you want to sell your property in Munich-Untermenzing?
Distribution of buildings in Munich-Untermenzing
EFH
MFH
Commercial
Living in Munich-Untermenzing
- Untermenzing forms the 23rd city district together with Allach.
- The district is located on the extreme northwestern edge of the state capital Munich.
- The Würm flows through Untermenzing from south to north.
- Untermenzing captivates with its green surroundings and stylish architecture.
- Borders of Allach-Untermenzing: Obermenzing, Pasing, Feldmoching-Hasenbergl, Moosach and Aubing-Lochhausen-Langwied.
A brief look into the history of Untermenzing
- Many archaeological finds prove that the area of Untermenzing was already inhabited in prehistoric times.
- First documented in 817 under the name Mezinga.
- Untermenzing is a former farming village, whose buildings are mainly along the Dorfstraße ran, today called Eversbuschstraße.
- The Würm River played an important role in the lives of the inhabitants, serving as a watering hole for livestock and for irrigating the gardens.
- Rapid population growth occurred after the establishment of industry.
- Influx of workers and employees, individual farms were converted into workers' quarters.
- After the First World War, Untermenzing grew together with Allach.
- Incorporation in 1938
Significant structures and buildings in Untermenzing
- The original development of the linear village can still be seen on Eversbuschstraße.
- Catholic Church of St. Martin at Eversbuschstraße 9: Late Gothic aisleless church from the 15th century.
- Formerly the Untermenzing School built in 1890 by Korbinian Beer, today the Untermenzing school center on Pfarrer-Grimm-Straße: it unites the elementary school, the Louise Schroeder Gymnasium, and the Carl Spitzweg Realschule. An after-school care center and a district library are also located in the school center.
- Tavern Zur Schwaige at Eversbuschstraße 29 built as an inn with a butcher shop, today the building is used commercially.
- At Eversbuschstraße 54 and 62 as well as Willstätterstraße 17 and 19, there are listed former farmhouses.
Infrastructure & Transport Connections
- Excellent transportation links from Untermenzing to downtown Munich.
- From the Untermenzing S-Bahn station (Line S2), it takes only 12 minutes to reach the main station or 16 minutes to reach Marienplatz. The S-Bahn line runs between Petershausen and Erding.
- Several bus routes in Untermenzing that will get you to your destination quickly.
- By car, you can quickly reach the A8 and A99 highways.
Education & Work
Families really enjoy living in Untermenzing, partly because of the excellent educational opportunities there.
- Several kindergartens
- 3 elementary schools
- 1 Secondary School
- 1 Middle School
- 1 High School
Jobs: Untermenzing has very few commercial businesses, but Allach is characterized by the largest concentration of industrial and commercial land (nearly 200 ha) within the Munich metropolitan area. In Untermenzing, jobs are mainly in the service sector and retail.
Shopping & Leisure
- Great shopping options for everyday needs, from discount stores to organic grocery stores.
- The Pasinger Arkaden, with its very wide selection of stores, is just a short trip away.
- Menzingers on Menzinger Straße: exquisite Italian cuisine, well known beyond the borders of Untermenzing.
- Würmtalhof on Eversbuschstraße: Inn with Bavarian charm, also excellent for lunch.
- Inselmühle: Hotel, restaurant, and beer garden in a very idyllic setting right on the Würm River, with a lovely, large playground for children.
- Untermenzing offers many green spaces, predominantly along the Würm, ideal for walks and bike rides.
- Angerlohe Landscape Conservation Area: This area features additional ecological compensation and recreational spaces. Angerlohe is a wonderful place for long walks and various sports activities.
Social Structure in Munich-Untermenzing
- Population: 31,882
- Area: 1,545.17 ha
- Population density per hectare: 21
- Households with multiple people are in the majority.
- Many children, teenagers, and retirees live in Untermenzing.
- Purchasing power: 141.0
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real Estate Prices in Neighborhoods Adjacent to Untermenzing
Would you like to know what sales prices are being achieved in the Untermenzing area? We’ve compiled additional real estate market reports for you here that provide a detailed overview of the real estate market. Learn more about the sale of condos, houses, and land in the following neighborhoods.
Contact your real estate agent for Munich-Untermenzing
Are you thinking about selling your property in Munich-Untermenzing? We look forward to hearing from you! Don't hesitate to call us at 089 70065020 to contact us or send us a message via our contact form. We are always ready to assist you with any questions or concerns.
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