Valencia Among Spanish Cities with Highest Housing Prices and Demand

The Valencian capital records an average value of €3,039/m², with a significant annual increase and high demand pressure.

Generic image of Valencia city with its architecture and the Mediterranean Sea.
IA

Generic image of Valencia city with its architecture and the Mediterranean Sea.

The city of Valencia has reached an average value of €3,039/m², recording an annual increase of 16.62%, placing it above the average for provincial capitals.

According to the ‘Provincial Capital Residential Market Barometer’ by the Gloval group, Valencia ranks among urban markets with the highest residential values nationally, though below cities like San Sebastián, Madrid, Barcelona, Palma, Bilbao, or Málaga. The three capitals of the Valencian Community show annual increases in housing prices in the first quarter of 2026, with differentiated behaviors.
The 'Cap i Casal' also stands out for the interest its housing listings generate, with 7.96 contacts per 1,000 visits, exceeding the average for capitals (4.90). This places it among the cities with the highest demand pressure in the country, surpassed only by Tarragona, Lleida, Girona, and Barcelona.
In terms of sales, Valencia is also among the capitals with the highest volume, recording 2,784 transactions in the fourth quarter of 2025, only behind Madrid, Barcelona, and Seville.
Alicante, for its part, reaches an average price of €2,328/m², with an annual growth of 13.51%, also above the national average. It stands out for its proportional supply volume, with 26.48 homes offered per 1,000 existing ones. The city registered 1,601 sales.
In Castellón de la Plana, the average price is €1,506/m², below the average, but with an intense annual evolution of 15.85%, higher than the average growth (13.26%). It presents a high supply level (20.44 homes per 1,000) and registered 752 sales.
Overall, the Valencian Community shows a heterogeneous market: Valencia combines above-average prices, high demand, and sales volume; Alicante surpasses average prices and stands out for its supply; and Castellón maintains more contained values with intense increases.
"Housing prices continue to grow across the board, even with lower transactional activity. This confirms the pressure on residential values, marked by active demand, limited supply, and deteriorating accessibility," explains Roberto Rey, president and CEO of Gloval.
The report also reflects a deterioration in accessibility, with the price-to-gross household income indicator reaching 7.98 years (compared to 7.34 the previous year) and a theoretical effort of 35.51%. Gross rental yield fell to 3.05%.