Municipality · data to December 2025
House prices in Palermo
The tax agency's observatory values homes in Palermo at an average €1,232 per m² in 2025, up 1.3% on the year before. That is higher than in 36% of municipalities.
- OMI valuation per m²
- €1,232/m²
- Change in a year
- +1.3%
Palermo: −2.1% in 9 years
Mean OMI valuation of homes per m², by year
- Palermo
- Palermo province
- Italy
Show the numbers
| Quarter | Palermo | Palermo province | Italy |
|---|---|---|---|
| 2025 | €1,232/m² | €938/m² | €1,491/m² |
| 2024 | €1,216/m² | €926/m² | €1,462/m² |
| 2023 | €1,210/m² | €920/m² | €1,442/m² |
| 2022 | €1,168/m² | €894/m² | €1,422/m² |
| 2021 | €1,153/m² | €885/m² | €1,408/m² |
| 2020 | €1,157/m² | €886/m² | €1,418/m² |
| 2019 | €1,203/m² | — | €1,445/m² |
| 2018 | €1,211/m² | €924/m² | €1,457/m² |
| 2017 | €1,243/m² | €947/m² | €1,470/m² |
| 2016 | €1,258/m² | €966/m² | €1,492/m² |
Reports for Palermo
Each report opens the full series and the assumptions behind these figures.
Figures for Sicilia: Palermo has no reliable figures of its own.
At the average OMI valuation, a 90 m² home costs €110,880. With 10% down and a 30-year mortgage, the payment is €451 a month. Italy sets no cap on the payment; lenders must assess each borrower's creditworthiness.
- Payment, two incomes
- 11%
- Payment, one income
- 22%
Figures for Italy: Palermo 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
Valuations have fallen by 3% or more once since 2016. That fall began in 2016.
- Deepest fall
- −8.3%
- Recovery from the low
- Not yet
19.8% of the 327,095 homes counted in the 2023 census had nobody resident in them.
- Empty, 2023 census
- 19.8%
- Empty homes
- 64,891