Imofolio

Palencia province · report

People and new homes in Palencia province

In 2024 the population grew by 638 while 316 homes were finished: 2.0 new residents for every new home.

New residents per new home, 2024
2.0
Population change, 2024
+638

Population change and homes finished in Palencia province

The population's yearly change, net migration plus births minus deaths, against homes certified complete. INE and MIVAU.

Population change

Show the numbers
YearPopulation change
2024638
2023263
2022-252
2021-1,173

Homes finished

Show the numbers
YearHomes finished
2024316
2023215
2022171
2021324

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+254−1,427−1,173324
2022+1,138−1,390−252171
2023+1,465−1,202+263215
2024+1,899−1,261+638316

Births and deaths are INE's, by place of residence; net migration counts moves to and from abroad and the rest of Spain, and INE publishes it from 2021. Homes finished are completion certificates. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Palencia province

At the average appraised value, a 90 m² home costs €101,484. With 10% down and a 30-year mortgage, the payment is €387 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
11%
Payment, one income
22%

22.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
369
Per 1,000 residents
2.3

Buyers living abroad bought 0.8% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.8%

Appraised values have fallen by 3% or more once since 2012. That fall began in Q4 2012.

Deepest fall
−20.6%
Recovery from the low
54 months

15.3% of the 116,431 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.3%
Empty homes
17,799

Public bodies signed €3.2M of housing works here in 2025, and €11.6M since 2017.

Signed in 2025
€3.2M
Per resident, 2025
€20