Immobilienpreise Obermenzing | Aktuelle Marktlage & Trends

The real estate market in Munich-Obermenzing

Real estate prices are influenced by various factors. The most important factors include location, year of construction, amenities, and the size of the property. Compared to other districts, the purchase prices for real estate in Obermenzing are in the upper price segment.

Real estate sales and property prices in Obermenzing

Since 2007, prices in Munich-Obermenzing have shown a steady upward trend. At the beginning of 2007, a condominium in Munich-Obermenzing cost an average of 2,670 EUR/m². Currently, prices in Obermenzing average 7,570 EUR/m² of living space. This represents a price increase of 85.6 percent since 2014; the price increase for single-family homes in Obermenzing has been 71.9 percent since 2014. Purchase prices for newly built properties in Obermenzing are 8,800 EUR/m².

It should be emphasized that these are average values. Depending on the location and various characteristics of the condominium, the purchase prices vary. „Various factors play an important role in shaping the real estate price. It is important to know the overall market situation and demand for real estate in Obermenzing well. Obermenzing has a very high appeal and its social prestige is also high. With its loose development, Obermenzing is considered an upscale residential area. But just like in any district, there are residential locations here that are more preferred than others and this is naturally reflected in the real estate prices,“ according to Real estate agent Katerina Rogers. It should be emphasized that these are average values. Purchase prices vary depending on the location and various characteristics of the condominium. „Various factors play an important role in determining real estate prices. It is important to have a good understanding of the overall market situation and demand for real estate in Obermenzing. Obermenzing has a very strong appeal and its social prestige is also high. With its low-density development, Obermenzing is considered an upscale residential area. However, just like in any district, there are residential locations here that are more preferred than others, and this is naturally reflected in the real estate prices,“ she states. Real estate agent Katerina Rogers.

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Sold properties in Obermenzing

Here you will find an overview of real estate sales in Obermenzing. The information is based on data from the Gutachterausschuss für Grundstückswerte (Valuation Committee) for the state capital of Munich. A total of 19 purchase agreements were notarized on the market for individual plots of land. A total area of 1.6 ha was sold, generating a turnover of EUR 956.1 million. There was no change of ownership on the market for multi-family residential building land.

Sale of the residential building plots

Quantity: 19
Revenue: EUR 56.1 million
Area: 1.6 ha

Sale of the multi-family residential building plots

Quantity: –
Revenue: –
Area: –

The valuation committee has recorded the sale of numerous apartments in Munich Obermenzing. Looking at the real estate market for newly built apartments and pre-owned apartments separately, the following can be observed. A total of 61 purchase agreements for newly built apartments were notarized, generating a total price of EUR 77 million. In the case of pre-owned properties, the number of real estate sales is usually higher. In Obermenzing, a total of 105 pre-owned properties found a new owner. The purchase price achieved was EUR 65 million.

Sold new construction properties

Quantity: 61
Revenue: 77 million EUR

Resold items

Quantity: 105
Revenue: EUR 65 million

Regarding the housing market, some owners were able to rejoice over the acquisition of a single-family home in Munich-Obermenzing. 58 single-family homes with a total area of 2.0 hectares were sold. The total real estate sales prices amounted to 88.6 million EUR. An apartment building in Munich-Obermenzing is a very attractive investment for many investors. One apartment building was sold. For data protection reasons, the purchase price and the sold area will not be published. When acquiring real estate in general, the location is crucial. No apartment buildings were sold in Munich-Obermenzing.

Sold single-family homes

Quantity: 58
Revenue: EUR 88.6 million
Area: 2.0 ha

Sold apartment buildings

Quantity: 1
Revenue: –
Area: –

Many investors prefer investing in real estate in the economically strong location of Munich. The demand for plots of land, apartment buildings, pre-owned condominiums, and newly built properties in Obermenzing is excellent. Most offers and sales of real estate in Munich-Obermenzing have been handled by real estate agents. The lists shown above include offers from both private individuals and real estate agents. We, as Real estate agent for Munich Obermenzing are looking forward to new offers. If you have any questions about our work, please feel free to contact.

Real estate agent for Munich-Obermenzing

Since 2004, we have been successfully brokering apartments, houses, and plots of land in Munich-Obermenzing.
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Clear overview of real estate prices in Munich-Obermenzing

Many investors prefer investing in real estate in the economically strong location of Munich. The demand for apartment buildings, previously owned condominiums, newly built properties, and plots of land is excellent in Obermenzing. Here, we have graphically illustrated the development of real estate prices in Munich Obermenzing for apartments and houses. This allows you to see at a glance where prices currently stand and how they have evolved from 2018 to the present day. The percentage increase refers to the year 2017.

Development of apartment real estate prices in Munich-Obermenzing 2018

2018: 5,490 EUR/m²

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2019: 6,410 EUR/m²

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2020: 6.920 EUR/m²

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2021: 7,550 EUR/m²

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2022: 8,450 EUR/m²

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2023: 7,570 EUR/m²

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Development of real estate prices for houses in Munich-Obermenzing since 2018

2018: 7,140 EUR/m²

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2019: 7,500 EUR/m²

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2020: 8,060 EUR/m²

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2021: 8.740 EUR/m²

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2022: 9.810 EUR/m²

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2023: 8,800 EUR/m²

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Distribution of buildings in Munich-Obermenzing

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Commercial

Living in Munich-Obermenzing

Pasing and Obermenzing are located in Munich's 21st city district, with Obermenzing being one of four district parts. Situated on the Würm river, featuring Blutenburg Castle and proximity to the Nymphenburg Palace Park, Obermenzing has developed into a popular, yet not entirely inexpensive, residential area.

With its exceptionally large forest plots, the Neu-Lustheim residential estate is one of the best residential areas. New residential buildings are usually only built here following inheritance, sales, or the division of the spacious properties. On the border of Obermenzing and Pasing, the Pasing I and Pasing II villa colonies were built by August Exter. The expansion of the villa colony ensured an increasingly close connection between the two districts.

Obermenzing is a highly attractive area, and this has an impact on real estate prices in the neighborhood. Depending on the location and condition of the property being offered, prices in Munich’s Obermenzing neighborhood tend to be on the higher end compared to other neighborhoods. Once a rural community characterized by farming and livestock raising, Obermenzing has developed into a prestigious neighborhood that was—and still is—synonymous with education, pride, and prestige. In Obermenzing itself, there are three elementary schools, a secondary school, and a private, state-approved high school. The proportion of blue-collar workers is below average at about 12 %.

Obermenzing has preserved its rural residential character. Although the area around the Catholic Church of the Passion of Christ, built in 1923/24, exhibits urban elements, the style of a rural-looking area has not been lost. Above all, the old core of Obermenzing, with the small parish church of St. George situated directly on the Würm River, still shapes the village character. The Blutenburg water castle is arguably the most famous building in Munich's Obermenzing. It has a history rich in the past. Today, numerous private and public events take place here. In addition, Blutenburg is the home of the International Youth Library and the Michael Ende Museum. The many green spaces invite people to take walks and relax. At one time, one could look directly from Blutenburg to Nymphenburg Palace. However, the „Am Durchblick“ housing estate with 600 single-family homes, built in 1957, makes this „view through“ no longer possible. The transportation network in Obermenzing is well developed. Verdistraße is the feeder road to the A 8 freeway. Residents must expect significant traffic volume. S-Bahn line 2, the tram, and several bus lines ensure good connections to the surrounding districts of Munich.

Social structure in Munich-Obermenzing

With its many single-family homes and their gardens, the residential area in Munich-Obermenzing, which has a population of around 23,000, is popular with multi-person households with children. Upper-class demographics in particular settle here. This has a long tradition.

Distribution of the population by age

up to 25 years old

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25 – 50 years

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Ages 50 and up

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Income distribution

up to 1,500 EUR

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1.500 EUR – 3.600 EUR

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from EUR 3,600

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Unemployment rate

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renter rate

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4.8 / 5.0

Here's how customers rate our work

Great professionalism and constant availability

Now that the sale of my apartment has been completely finalized, I would like to take this opportunity to thank you again for the excellent cooperation with your agency. The marketing of the property, especially the exposé you created, was of a high standard and presented the property optimally. Your agency was characterized by high efficiency, great professionalism, and constant availability. You advised me excellently throughout the entire sale and truly accompanied me until the final formalities. For these reasons, I can only wholeheartedly recommend your agency.

Dr. J. L.

Thanks to Mr. and Mrs. Rogers, we've found our dream home 🙂
From the very first second to the very last, the service was extremely friendly, professional, and attentive. We couldn't have asked for a better experience, and we'd like to express our heartfelt thanks! 🙂

L. B.

We would like to thank Ms. Rogers and Mr. Rogers from the bottom of our hearts for their exceptional support as we searched for our new home. After more than three years of intensive searching and numerous meetings with various real estate agents, we have finally found a team that has impressed us not only with the highest level of professionalism, but also with their warmth and great dedication.

From the very first contact, we were guided through the entire purchasing process with great care, patience, and friendliness. Also worth mentioning is Ms. Kaufmann—a financing expert who was recommended to us by Ms. Rogers. The collaboration between Ms. Rogers, Mr. Rogers, and Ms. Kaufmann played a key role in ensuring that all the formalities went remarkably smoothly and without complications.

Communication was always open, honest, and warm, and the advice was professional and tailored precisely to our needs. Thanks to this support, we were able to make our dream of owning our own home a reality.

We wholeheartedly recommend Rogers Immobilien to anyone looking for real professionals with a human touch. Thank you again sincerely – we will remember you fondly!

M. G.

A fantastic and very honest real estate agency—Mr. and Mrs. Rogers were highly knowledgeable and provided us with the best possible advice and information at every step throughout the several-month process of purchasing an older home. 5 stars—that’s become a rarity in Munich!

P. W.

While searching for an apartment to rent in Munich, we eventually came across a property listed by Mr. and Mrs. Rogers. We have nothing but positive things to say about the entire process, from our initial contact all the way through to the handover of the apartment. Everything went very professionally and smoothly. Mrs. Rogers was always approachable and went out of her way to answer even the smallest questions as quickly as possible and to gather all the requested information. Mr. Rogers organized and conducted the apartment viewing and subsequent handover very carefully and conscientiously. All in all, we were extremely satisfied with our interactions with Mr. and Mrs. Rogers and can highly recommend them!

S.R.

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Real estate prices in neighboring districts of Obermenzing

Would you like to find out what purchase prices are being achieved in the Obermenzing area? Here we have compiled further real estate market reports for you that explain the events on the real estate market in detail. Learn more about the sale of apartments, houses, and plots of land in the following districts.

Contact your real estate agent for Munich-Obermenzing

Are you thinking about selling your property in Munich-Obermenzing? We look forward to hearing from you! Do not hesitate to contact us by phone at 089 70065020 or send us a message via our contact form. We are always ready to assist you with any questions or concerns.