Municipality · data to December 2025
House prices in Milano
The tax agency's observatory values homes in Milano at an average €5,458 per m² in 2025, up 6.9% on the year before. No municipality has a higher valuation.
- OMI valuation per m²
- €5,458/m²
- Change in a year
- +6.9%
Milano: +45.3% in 9 years
Mean OMI valuation of homes per m², by year
- Milano
- Milano province
- Italy
Show the numbers
| Quarter | Milano | Milano province | Italy |
|---|---|---|---|
| 2025 | €5,458/m² | €3,596/m² | €1,491/m² |
| 2024 | €5,106/m² | €3,404/m² | €1,462/m² |
| 2023 | €4,716/m² | €3,194/m² | €1,442/m² |
| 2022 | €4,364/m² | €3,000/m² | €1,422/m² |
| 2021 | €4,020/m² | €2,805/m² | €1,408/m² |
| 2020 | €3,918/m² | €2,749/m² | €1,418/m² |
| 2019 | €3,860/m² | €2,726/m² | €1,445/m² |
| 2018 | €3,796/m² | €2,696/m² | €1,457/m² |
| 2017 | €3,763/m² | €2,680/m² | €1,470/m² |
| 2016 | €3,756/m² | €2,677/m² | €1,492/m² |
Milano: house prices since 2010
ISTAT house price index, all dwellings, quarterly
- Milano
- 2025 = 100
Show the numbers
| Quarter | Milano |
|---|---|
| Q2 2026 | 102.2 |
| Q1 2026 | 102.3 |
| Q4 2025 | 102.2 |
| Q3 2025 | 102.6 |
| Q2 2025 | 99.8 |
| Q1 2025 | 95.5 |
| Q4 2024 | 96.2 |
| Q3 2024 | 97.5 |
| Q2 2024 | 98.0 |
| Q1 2024 | 95.6 |
| Q4 2023 | 92.5 |
| Q3 2023 | 91.2 |
| Q2 2023 | 93.6 |
| Q1 2023 | 90.8 |
| Q4 2022 | 88.9 |
| Q3 2022 | 87.3 |
| Q2 2022 | 87.4 |
| Q1 2022 | 85.8 |
| Q4 2021 | 83.5 |
| Q3 2021 | 82.7 |
| Q2 2021 | 80.7 |
| Q1 2021 | 80.6 |
| Q4 2020 | 78.6 |
| Q3 2020 | 79.7 |
| Q2 2020 | 79.5 |
| Q1 2020 | 76.6 |
| Q4 2019 | 73.2 |
| Q3 2019 | 71.1 |
| Q2 2019 | 68.6 |
| Q1 2019 | 67.4 |
| Q4 2018 | 65.0 |
| Q3 2018 | 65.0 |
| Q2 2018 | 64.2 |
| Q1 2018 | 63.1 |
| Q4 2017 | 62.3 |
| Q3 2017 | 63.2 |
| Q2 2017 | 62.2 |
| Q1 2017 | 62.3 |
| Q4 2016 | 60.8 |
| Q3 2016 | 61.0 |
| Q2 2016 | 59.9 |
| Q1 2016 | 59.5 |
| Q4 2015 | 59.7 |
| Q3 2015 | 59.0 |
| Q2 2015 | 56.8 |
| Q1 2015 | 57.4 |
| Q4 2014 | 59.4 |
| Q3 2014 | 60.3 |
| Q2 2014 | 61.9 |
| Q1 2014 | 63.1 |
| Q4 2013 | 63.0 |
| Q3 2013 | 63.7 |
| Q2 2013 | 64.6 |
| Q1 2013 | 66.3 |
| Q4 2012 | 67.6 |
| Q3 2012 | 68.1 |
| Q2 2012 | 71.2 |
| Q1 2012 | 71.9 |
| Q4 2011 | 72.5 |
| Q3 2011 | 74.3 |
| Q2 2011 | 72.9 |
| Q1 2011 | 72.4 |
| Q4 2010 | 74.2 |
| Q3 2010 | 75.0 |
| Q2 2010 | 74.8 |
| Q1 2010 | 73.7 |
Reports for Milano
Each report opens the full series and the assumptions behind these figures.
Figures for Lombardia: Milano has no reliable figures of its own.
At the average OMI valuation, a 90 m² home costs €491,220. With 10% down and a 30-year mortgage, the payment is €1,998 a month. Italy sets no cap on the payment; lenders must assess each borrower's creditworthiness.
- Payment, two incomes
- 33%
- Payment, one income
- 65%
Figures for Italy: Milano has no reliable figures of its own.
1.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 53,036
Prices of existing homes have fallen by 3% or more once since 2010. That fall began in Q3 2010.
- Deepest fall
- −28.5%
- Recovery from the low
- 60 months
12.7% of the 827,648 homes counted in the 2023 census had nobody resident in them.
- Empty, 2023 census
- 12.7%
- Empty homes
- 105,375