Highest housing prices in Mexico? That would be Mexico City, Baja California Sur and Querétaro

It should travel arsenic nary astonishment that the foundational existent property motto “Location, location, location” is conscionable arsenic valid successful Mexico arsenic anyplace else.

And the locations of the highest lodging prices are Mexico City, Baja California Sur and Querétaro. 

So says a survey of records compiled by the Federal Mortgage Society (SHF), a state-run improvement slope created successful 2001 to boost the lodging market.

It besides confirmed that fashionable tourer hubs similar Cancún, Los Cabos and Playa del Carmen thin to beryllium much costly owed to precocious demand.

In a survey, the paper El Economista recovered that the mean appraised worth of a location successful Mexico was 1.86 cardinal pesos (US $104,323), whereas the mean terms of a location successful the superior was much than treble that astatine astir 4 cardinal pesos (US $222,088).

In Baja California Sur, the mean hovered conscionable supra 2.5 cardinal pesos (US $144,911) and successful Querétaro it exceeded 2.3 cardinal pesos (US $130,077).

The states of Yucatán and Nayarit — some featuring desirable formation locations — were besides good supra the average, with the erstwhile coming successful astatine astir 2.26 cardinal pesos (US $126,000) and the second conscionable supra 2.2 cardinal pesos (US $124,339).

More mean homes, with prices hovering conscionable supra 1 cardinal pesos (US $56,000), tin beryllium recovered successful the bluish states of Tamaulipas and Durango, arsenic good arsenic to the eastbound of the superior successful the states of Tlaxcala and Veracruz (under US $72,000).

The Global Property Guide reported past period that “sales prices successful the Mexican lodging marketplace grounds a resilient but moderating maturation trend,” attributing the affordability to a slowing system and a gradually improving proviso outlook.

El Economista recovered that 21 states registered increases supra the mean appraised worth of a location successful 2025. The Caribbean authorities of Quintana Roo showed the largest cumulative yearly summation (14.3%), followed by Baja California Sur (12.9%) and Nayarit (12.2%). 

Conversely, the astir humble increases were those recorded successful Durango (4.7%), Mexico City (4.7%) and México authorities (5.2%).

With respect to metropolitan areas, Guadalajara showed the biggest summation (11.3%), with Tijuana (10.6%) and León (10.1%) besides surpassing treble digits, with Monterrey (9.4%), Puebla-Tlaxcala (8.7%) and Querétaro (7.2%) rounding retired the apical five.

With reports from El Economista, Global Property Guide and Remitly