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Real estate prices in Munich-Hadern 2024: Price per square meter for houses and apartments
The real estate market in Munich-Hadern
Real estate in Munich-Hadern is in very high demand. The excellent infrastructure and proximity to nature offer a high quality of life. Especially in Großhadern, the properties on offer do not stay on the market for very long. Here you can get an overview of the price development and gain a first impression of property prices in Munich-Hadern.
Real estate sales and property prices in Hadern
The district of Hadern consists of a total of 3 parts – Großhadern, Blumenau, and Neuhadern. They differ greatly from each other in terms of development and real estate prices. In Hadern, the average real estate prices for condominiums are 7,100 EUR/m², while for houses the price per square meter is 9,140 EUR/m².
Between 2007 and 2009, real estate prices for apartments in Munich-Hadern stagnated, but a sharp increase in property prices has been recorded, especially since 2010. While an apartment was offered for an average of 4,030 EUR/m² in 2014, it is over 7,000 EUR/m² in 2024. Real estate prices for newly built apartments average over 10,480 EUR/m². The demand for apartments, predominantly with 3 or more rooms and a living space starting from approx. 70 m², is currently very good.
The development of real estate prices for houses in Munich-Hadern also follows a pattern similar to that of apartments, specifically an upward trend, especially since 2010. Houses in Munich-Hadern were offered at an average purchase price of 5,570 EUR/m² in early 2014, and in 2024 it is nearly 9,150 EUR/m². Since Munich-Hadern is also a very attractive district for families, this is reflected in the excellent demand for houses. Most apartments and houses in Munich-Hadern are offered and brokered by real estate agents.
What factors play a role in price development?
The relationship between supply and demand is one of the central factors for price formation in the real estate sector. In high-demand regions, such as urban conurbations and metropolitan areas, demand often exceeds the available supply, which leads to an increase in prices. For property owners, this opens up significant potential for value appreciation, while prospective buyers are faced with higher entry prices. In Munich, including the Hadern district, price per square meter for real estate has increased significantly under the influence of limited supply.
The overall economic situation, characterized by factors such as economic growth, employment rate, income level, and interest rate level, has a significant impact on real estate demand and price development. Strong economic growth and increasing incomes strengthen purchasing power and the willingness to invest. At the same time, low interest rates make real estate financing more attractive, which further drives demand. For investors, these macroeconomic outlooks play a crucial role in their decision-making.
Population growth and demographic structure also directly influence the demand for housing. An increasing population as well as the trend towards smaller household units intensify demand. In contrast, the aging of society can dampen price dynamics, as older people tend to require less living space.
Another important factor is construction costs, which are driven up by rising prices for materials and skilled labor, stricter regulatory requirements, and scarce land for development. This trend leads to higher costs for new builds and renovations, which can reduce supply and increase price pressure. For property developers and project planners, this entails risks, but also opportunities, as high-quality projects in good locations continue to experience strong demand.
The quality of the location, including transport connections, local amenities, and general quality of life, is a decisive factor for the price development of real estate. Properties in sought-after locations or with excellent infrastructure generally record a higher potential for value appreciation compared to properties in peripheral locations. This makes them particularly attractive to investors.
Political framework conditions, such as tax policy, regulatory interventions, funding programs, and urban planning measures, can have a significant impact on real estate supply, demand, and pricing. Therefore, it is essential for owners and investors to keep an eye on these developments and factor them into their strategies.
Real estate market under the influence of rising interest rates
Higher interest rates have a significant impact on the real estate market, particularly on pricing and the purchasing decisions of prospective buyers. When interest rates rise, the costs of financing property purchases through mortgages increase. This leads to a reduction in the purchasing power of potential buyers, as a larger portion of their income must be spent on interest payments. As a result, demand for real estate can decline, potentially leading to a stabilization or even a decrease in property prices.
An increase in interest rates not only influences the purchasing decisions of individuals, but also impacts the investment strategies of investors. Higher interest rates make bonds and other fixed-income securities more attractive compared to the risks associated with real estate and the costs involved. This can lead to capital being withdrawn from the real estate market and reallocated to other asset classes, which further influences price dynamics.
For the real estate market, this means that a phase of rising interest rates can lead to a slowdown in price growth or, in some cases, even to price declines. This can be particularly noticeable in markets that were previously fueled by low interest rates and high demand. Potential buyers who were previously encouraged to buy by the low interest rates might now act more cautiously, which could result in longer selling times and an increase in supply. However, the adjustment of prices can also represent a normalization of the market and lead to a healthier balance between supply and demand in the long term.
What is your property in Munich-Hadern worth?
Do you want the current Value of your property know? You have come to the right place for well-founded value information.
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Sold properties in Hadern
Last year, a total of 18 vacant residential plots for individual construction, spanning an area of 1.0 hectares, were sold in Munich-Großhadern for a total turnover of EUR 37.5 million. No plots were sold on the real estate market for multi-story residential construction.
Sale of the residential building plots
Quantity: 18
Revenue: EUR 37.5 million
Area: 1.0 ha
Sale of the multi-family residential building plots
Quantity: –
Revenue: –
Area: –
Many new construction projects are being carried out in Munich-Hadern. In 2022, a total of 37 condominiums including partial ownership (e.g., garages) were sold with a total revenue of EUR 30 million. Prices for new construction apartments in Hadern average EUR 10,627/m². A brisk change of ownership was recorded in the market for existing condominiums including partial ownership. Purchase agreements for a total of over 148 apartments with a revenue of EUR 76 million were notarized. The asking prices for existing properties in Großhadern are around EUR 7,320/m².
Sold new construction properties
Quantity: 37
Revenue: EUR 30 million
Resold items
Quantity: 148
Revenue: EUR 76 million
Buying a single-family home in Munich is a dream for many prospective buyers. This dream came true for some in the Hadern district. A total of 35 single-family homes were sold with a total turnover of EUR 47.8 million, covering a total area of 1.2 hectares. Only one multi-family house was sold in Hadern. For data protection reasons, further details regarding the transaction will not be published.
Sold single-family homes
Quantity: 35
Revenue: EUR 47.8 million
Area: 1.2 ha
Sold apartment buildings
Quantity: 1
Revenue: –
Area: –
In recent years, real estate agent Rogers has recorded a very high demand for apartments and houses, particularly in Munich-Großhadern. Since mid-2022, however, demand has decreased. This is primarily due to rising interest rates. Nevertheless, many investors still prefer investing in real estate in the economically strong location of Munich. Demand for apartment buildings is good, but hardly any apartment buildings have been sold in Hadern in recent years because there was no supply.
„Hadern is generally a popular residential area in Munich. Großhadern, Blumenau, and Kleinhadern are characterized by a great infrastructure and also a high recreational value. From Großhadern, Marienplatz can be reached in just 16 minutes by subway. The city and nature are within touching distance here. Due to the high demand for properties in the Hadern district, high real estate prices can be achieved,“ says Katerina Rogers, real estate agent Munich-Hadern. We as Real estate agent for Munich-Hadern 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-Hadern
- Since 2004, we have been successfully brokering apartments, houses, and plots of land in Munich-Hadern.
- We offer individualized and personalized advice.
- Benefit from our market knowledge in Hadern.
- With us, you can quickly and securely achieve the best possible price for your apartment, house, or plot of land in Munich-Hadern.
- 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 overview of real estate prices in Munich-Hadern!
Here is an overview of asking prices for apartments and houses in Hadern. The percentage increase refers to the year 2017. These are average values for existing properties intended to serve as a preliminary guide. Depending on the condition and location of the property, prices may vary accordingly.
Development of real estate prices for apartments in Munich-Hadern from 2018 to 2024
Development of real estate prices for houses in Munich-Hadern from 2018 to 2024
Do you want to sell your property in Hadern?
Rental prices in Hadern 2024 and the rent control cap
The rental prices for apartments in Hadern currently average €17.43 per square meter. Prices have risen continuously for 10 years, by a total of approximately 55 percent. Compared to last year, the trend was around +4 percent. These are average values and the figures refer to existing properties.
In August 2015, the rent control cap was introduced in Bavaria, including Munich. At the end of 2017, the Munich Regional Court deemed it insufficiently justified and declared it invalid. The Bavarian state government responded with amendments, so that the rent control cap has been back in force in the state capital since August 2019. But how does this affect rent increases, and what exceptions are there? Here you will find answers to the most important questions.
When re-letting existing apartments, the requested rent may not exceed the local comparative rent by more than 10 percent. The Munich qualified rent index serves as a guideline.
Not all real estate is subject to the rent control: Here are the exceptions
- New construction apartments: The rent control does not apply to initial rentals. Landlords can set the rent freely.
- Extensive modernizations: Costs for comprehensive modernizations can be passed on to tenants at up to 8 percent annually. If a property is re-let after such measures, the rent control does not apply. A modernization is considered comprehensive if at least one third of the costs required for a new build have been invested, minus the expenses for pure maintenance.
- File protection The rent cap does not apply to existing leases. Landlords may charge the previous rent when re-leasing the property, provided that rent had already reached that level previously. It is important to provide proof of the rent amount for the last twelve months prior to the termination of the lease, excluding any interim increases.
Carrying out rent increases in a legally secure manner: What is allowed?
During an ongoing tenancy, the rent may be increased up to the local comparative rent. In Munich, an increase of a maximum of 15 percent within three years is permissible if the rent was previously below this value. This also applies if no increase has taken place in the past three years. Rent increases due to modernization measures do not fall under this regulation.
Fixed rents in existing contracts or agreements regarding tiered or index-linked rents remain unaffected by adjustments.
Should you have any further questions or require consultation regarding the rent control law, please do not hesitate to contact us.
Things to know about Munich-Hadern
The Hadern district is located in the west of Munich. The borders of Munich-Hadern run along Fürstenrieder Straße to the east, Forst-Kasten-Allee to the south, Senftenauerstraße to the north, and the city limits to the west. The well-known Großhadern Clinic of the Ludwig Maximilian University provides many jobs and at the same time represents Munich's largest self-contained hospital complex.
Großhadern's rural history is reflected in its village-like architectural structures. Several old farmhouses adorn the beautifully renovated old village center.
At the popular weekly market on Heiglhofstraße, which regularly takes place on Wednesday afternoons, various products, predominantly from agriculture, can be bought in a lovely atmosphere.
Many people subsequently go with their children for an ice cream at the Eiscafé Galeria, which is located behind Hofpfister. You can also round off the afternoon with great cake at the always popular Widmann confectionery.
Hadern is predominantly characterized by average and good residential locations, making it an attractive option for a broad target audience, from families and young professionals to seniors. This diversity in residential qualities supports a vibrant community and fosters a high quality of life. In addition, the balanced mix of modern new builds and charming, well-preserved older buildings contributes to a harmonious cityscape. The good infrastructure, with a selection of schools, shopping facilities, medical institutions, and leisure and recreational offerings, rounds out the attractive living and residential environment in Hadern.
Would you like to buy a property in Munich Hadern and do you need the appropriate financing?
If you are considering buying a property in Munich-Hadern, we offer you the opportunity to register your individual search request with us. As soon as we have a property in our portfolio that matches your criteria, we will inform you immediately. This service is designed to make your search for a new home as simple and convenient as possible. Your advantage: you will be informed about suitable offers at an early stage, thereby increasing your chances of securing your desired property.
To use this personalized service, we cordially invite you to contact us. Simply share your wishes and requirements with us. We look forward to accompanying you along this path!
Please remember that both your financing request and the reservation of your search profile are completely free of charge and non-binding for you. Naturally, we treat your data with the utmost care and discretion.
Whether you already have your dream property in mind or are still in the planning phase of your purchase, it is crucial to figure out the appropriate financing and the associated costs at an early stage. Our experienced financing expert is ready to assist you with advice and practical support for this important decision.
With an impressive experience of over a quarter of a century in the field of real estate financing, you will benefit from comprehensive advice on your financing questions. Our expert takes the time to carefully compare financing offers from 600 banks in Germany and, based on your individual needs and preferences, develops a flexible financing concept characterized by advantageous conditions and favorable interest rates. This significantly simplifies your decision-making process and leads you more quickly to the optimal financing solution for your real estate project. Do not hesitate to contact us.
Further property prices in the vicinity of Hadern
Would you like to find out what purchase prices are being achieved in the area around Hadern? Here we have compiled further real estate market reports for you that explain developments on the real estate market in detail. Find out more about the sale of apartments, houses, and plots of land in the following districts.
Contact your real estate agent for Munich-Hadern
We would be very pleased to hear from you! You are welcome to contact us either by phone – 089 70065020 – or send us a message via our contact form. We are always at your disposal and happy to help if you have any questions or concerns. So do not hesitate to contact us!
We look forward to hearing from you
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