Valle de Aburrá · Market data
Price per square meter in Medellín
What a square meter of country homes costs in Medellín, by property type, measured across the whole active market rather than across our collection. Asking prices, not deed values, and not an appraisal.
The short answer: in Medellín the median asking price for estates is about US$2,360 (COP 7,336,510) per square meter built, as of 15 Sep 2026, with most of the active inventory between US$1,652 and US$3,479. Land and construction are measured on different bases and differ by roughly an order of magnitude, so the table keeps them apart rather than averaging them into a number that describes nothing.
Median price per m² in Medellín
estimate An estimate from comparable properties and assumptions. Not a promise.
| Type | Measured on | Median and typical range per m² | Per sq ft |
|---|---|---|---|
| Estates | m² built | US$2,360COP 7,336,510Most US$1,652 – US$3,479US$219.21 per sq ft | US$219.21 |
| Fincas | m² of lot | No publishable figure | |
| Land | m² of lot | No publishable figure | |
The median is the middle of the market; the range is where most of the active inventory sits. A property outside the range is not mispriced for being outside it, but it does deserve an explanation.
Figures as of 15 Sep 2026. These are ASKING prices from currently active listings, not deed (escritura) values, and not an appraisal.
USD is approximate, converted at the official TRM of COP 3,109.3 on 15 Sep 2026. COP is the source of truth.
A type with no figure has too little active inventory in Medellín, or inventory too unlike itself, to publish a median we would stand behind. We would rather publish nothing than a number that describes no actual property.
How we knowFigures as of September 15, 2026. Prices: active listings we verified ourselves; USD rate: TRM 3,109.30 COP per US$1, valid September 15, 2026 (Banco de la República, via datos.gov.co).
How to read this at the top of the market
These medians describe the whole market in Medellín, which is exactly why they are useful above US$1M. A trophy estate does not trade at the median and is not supposed to: what the median gives you is the floor the land alone justifies, so that the premium above it becomes a question with an answer. Frontage, water, mature planting, paved access to the door, a house that would cost more to build today than to buy, a title that closes without a fight. If a seller cannot name the premium, the premium is an asking price rather than a value.
The comparison that misleads most often
A finca's price per square meter against an estate's. A large parcel with a modest house will always look cheap against built m², and a beautiful house on a small parcel will always look expensive against land. Ask which denominator a figure uses before agreeing that it is high or low.
What this is not
This is not an appraisal. A formal avalúo is a professional service with legal standing, performed on one specific property by someone who visits it. It is also not a record of what properties sold for: Colombian sale prices are recorded in the escritura and are not public, so every figure here is what sellers are currently ASKING.