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This article covers the current housing prices in Isfahan, including median prices, price per square meter, neighborhood comparisons, and what you can buy at different budget levels.
We update this blog post regularly to reflect the latest market conditions and data available.
Whether you are looking to buy an apartment in central Isfahan or a family home in the suburbs, you will find practical price ranges here.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Isfahan.
Insights
- The gap between listing prices and actual sale prices in Isfahan typically ranges from 5% to 12%, mainly due to high inflation and buyers negotiating harder in a cash-constrained market.
- In Isfahan, the price difference between the cheapest neighborhoods (around 13 million toman per sqm) and the most expensive ones (around 120 million toman per sqm) is nearly tenfold.
- Apartments make up roughly 70% of Isfahan's residential market, making them the dominant property type for both local buyers and investors.
- New construction in Isfahan commands a premium of 10% to 25% over comparable existing homes, driven by better amenities and lower immediate maintenance costs.
- Nominal housing prices in Isfahan have risen by an estimated 800% to 1,500% over the past 10 years, but inflation-adjusted gains are much more modest at 30% to 80%.
- Jolfa remains the most sought-after neighborhood for expats in Isfahan, with prices reaching 150 million toman per sqm for premium apartments.
- A typical 90 sqm apartment in Isfahan costs around 4.1 billion toman (roughly $59,000 or €50,000), making it accessible compared to many global cities.
- Peripheral areas like Fooladshahr offer entry-level apartments at around 13 million toman per sqm, which translates to roughly $170 per sqm.
What is the average housing price in Isfahan in 2026?
The median housing price is more telling than the average because it represents what a typical buyer actually pays, without being skewed by a few very expensive or very cheap properties.
We are writing this as of January 2026, using the latest data collected from authoritative sources like the Central Bank of Iran and IRNA, which we manually verified.
The median housing price in Isfahan in 2026 is approximately 4.1 billion toman (around $58,700 or €50,100) for a typical 90 sqm apartment. The average housing price is slightly higher at about 5 billion toman (around $70,900 or €60,500) for a 100 sqm unit, reflecting the influence of more expensive properties in the calculation.
About 80% of residential properties in Isfahan in 2026 fall within a price range of 1.8 billion to 6.3 billion toman (roughly $25,500 to $89,300 or €21,800 to €76,300).
A realistic entry range in Isfahan starts at around 1 billion toman (about $14,700 or €12,600), which can get you an older 80 sqm apartment in peripheral areas like Fooladshahr.
A typical luxury property in Isfahan in 2026 ranges from 9 billion to 15 billion toman (roughly $128,000 to $213,000 or €109,000 to €182,000), and this would include a newer, well-finished apartment of 100 sqm or more in prime neighborhoods like Jolfa.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Isfahan.
Are Isfahan property listing prices close to the actual sale price in 2026?
In Isfahan in 2026, the actual sale price is typically 5% to 12% below the listed asking price.
This gap exists mainly because sellers add a buffer to their asking price to protect against high inflation and currency fluctuations, expecting buyers to negotiate down. The discount tends to be smaller in high-demand areas like Jolfa, where properties move faster, and larger in peripheral neighborhoods where buyers have more leverage.
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What is the price per sq m or per sq ft for properties in Isfahan in 2026?
As of January 2026, the median housing price in Isfahan is approximately 46 million toman per sqm (around $652 or €557 per sqm), which equals about 4.3 million toman per sqft (roughly $61 or €52 per sqft). The average price is slightly higher at 50 million toman per sqm (around $709 or €605 per sqm), or about 4.6 million toman per sqft (roughly $66 or €56 per sqft).
Smaller apartments in prime central locations like Jolfa have the highest price per sqm in Isfahan in 2026, because buyers pay a premium for convenience and newer finishes, while peripheral areas with older buildings have the lowest price per sqm due to longer commutes and higher maintenance needs.
In Isfahan in 2026, you will find the highest prices per sqm in neighborhoods like Jolfa and Mardavich, where prices range from 90 to 150 million toman per sqm. The lowest prices per sqm are found in areas like Fooladshahr and Shahin Shahr, where prices start around 12 to 25 million toman per sqm.
How have property prices evolved in Isfahan?
Compared to one year ago in January 2025, nominal housing prices in Isfahan have risen by an estimated 25% to 40% in toman terms. However, when you adjust for Iran's high inflation rate, real prices have remained roughly flat or even slightly declined, meaning the purchasing power needed to buy a home has not changed dramatically.
Compared to 10 years ago in 2016, nominal prices in Isfahan have increased by an estimated 800% to 1,500%, which sounds enormous but reflects years of persistent high inflation. In real terms (adjusting for inflation), prices have risen by a more modest 30% to 80%, as property has served as a store of value for Iranians looking to protect their savings.
By the way, we've written a blog article detailing the latest updates on property price variations in Isfahan.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Isfahan.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Iran versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What types of properties are available in Isfahan and how do prices vary in 2026?
In Isfahan in 2026, apartments (including both low-rise and mid-rise buildings) make up about 70% of the market, houses account for roughly 15%, newer construction apartments represent about 10%, and villas or large homes make up the remaining 5%, because apartment living is the dominant urban housing model and land for larger homes is limited in central areas.
The average price for an older existing apartment in Isfahan is around 3.2 billion toman (about $45,000 or €39,000), while a mid-market apartment costs approximately 4.1 billion toman (roughly $59,000 or €50,000). Newer apartments in good locations average around 6.5 billion toman (about $92,000 or €79,000), small non-luxury houses range from 7 to 10 billion toman ($99,000 to $142,000 or €85,000 to €121,000), luxury apartments in prime areas reach about 12 billion toman (roughly $170,000 or €145,000), and villas or very large homes start at 20 billion toman ($284,000 or €242,000) and go up from there.
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Isfahan?
- How much should you pay for a house in Isfahan?
- How much should you pay for an apartment in Isfahan?
How do property prices compare between existing and new homes in Isfahan in 2026?
New construction in Isfahan in 2026 typically costs 10% to 25% more than comparable existing homes in the same neighborhood.
This premium exists because new buildings offer better amenities like modern elevators, parking, and energy-efficient layouts, plus buyers avoid the immediate maintenance costs that often come with older properties like facade repairs, plumbing updates, and elevator replacements.
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How do property prices vary by neighborhood in Isfahan in 2026?
Jolfa is the most popular neighborhood among expats and affluent locals in Isfahan, known for its historic character, walkable streets, and cafes. Prices here range from 90 to 150 million toman per sqm (roughly $1,275 to $2,125 per sqm), with total apartment prices typically between 9 and 15 billion toman ($128,000 to $213,000), reflecting its status as the city's most prestigious address.
Mardavich and Molla Sadra are high-demand central areas that attract families and professionals seeking good infrastructure and access to services. Prices in Mardavich range from 80 to 130 million toman per sqm ($1,135 to $1,845 per sqm), while Molla Sadra ranges from 70 to 120 million toman per sqm ($990 to $1,700 per sqm), making them slightly more accessible than Jolfa while still being premium locations.
Fooladshahr and Shahin Shahr represent the entry-level end of the Isfahan market, located on the periphery with longer commutes to the center. Prices in these areas start as low as 12 to 25 million toman per sqm ($170 to $355 per sqm), making them ideal for budget-conscious buyers willing to trade location for affordability.
You will find a much more detailed analysis by areas in our property pack about Isfahan. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Category | Avg Price Range | Avg per sqm | Avg per sqft |
|---|---|---|---|---|
| Jolfa | Expat / Premium | 9-15b toman ($128k-$213k) | 90-150m toman ($1,275-$2,125) | 8.4-13.9m toman ($118-$198) |
| Mardavich | Premium / Central | 8-13b toman ($113k-$184k) | 80-130m toman ($1,135-$1,845) | 7.4-12.1m toman ($105-$171) |
| Molla Sadra | Premium / Central | 7-12b toman ($99k-$170k) | 70-120m toman ($990-$1,700) | 6.5-11.2m toman ($92-$158) |
| Khajoo | Central / Popular | 6-10b toman ($85k-$142k) | 60-100m toman ($850-$1,420) | 5.6-9.3m toman ($79-$132) |
| Chaharbagh | Central / Lifestyle | 6-10b toman ($85k-$142k) | 60-100m toman ($850-$1,420) | 5.6-9.3m toman ($79-$132) |
| Parvin | Family | 4.5-7b toman ($64k-$99k) | 40-65m toman ($565-$920) | 3.7-6m toman ($53-$86) |
| Sepahan Shahr | Family / Value | 4-7b toman ($57k-$99k) | 40-70m toman ($565-$990) | 3.7-6.5m toman ($53-$92) |
| Baharestan | Family / Newer | 3-6b toman ($43k-$85k) | 30-60m toman ($425-$850) | 2.8-5.6m toman ($40-$79) |
| Malek Shahr | Family / Established | 2.8-5b toman ($40k-$71k) | 25-50m toman ($355-$710) | 2.3-4.6m toman ($33-$66) |
| Kaveh Town | Commute / Value | 2.5-4.5b toman ($35k-$64k) | 22-45m toman ($310-$640) | 2-4.2m toman ($29-$59) |
| Shahin Shahr | Commute / Satellite | 2.5-4.5b toman ($35k-$64k) | 25-45m toman ($355-$640) | 2.3-4.2m toman ($33-$59) |
| Fooladshahr | Entry / Budget | 1-3b toman ($14k-$43k) | 12-25m toman ($170-$355) | 1.1-2.3m toman ($16-$33) |
How much more do you pay for properties in Isfahan when you include renovation work, taxes, and fees?
In Isfahan in 2026, the total additional costs (including fees, taxes, and potential renovation) typically add 4% to 8% on top of the purchase price for move-in ready homes, and up to 15% to 28% if significant renovation is needed.
If you buy a property for around $200,000 (about 14.1 billion toman) in Isfahan, you can expect to pay an additional $12,000 to $16,000 (roughly 850 million to 1.1 billion toman) in fees, taxes, and basic refreshing costs. This brings your total to approximately $212,000 to $216,000 (about 15 to 15.2 billion toman).
For a property purchased at $500,000 (around 35.3 billion toman), additional costs would range from $30,000 to $70,000 (roughly 2.1 to 4.9 billion toman) depending on whether you need light touch-ups or more substantial renovation. Your total would land between $530,000 and $570,000 (about 37.4 to 40.2 billion toman).
If you are buying at the $1,000,000 level (around 70.5 billion toman), expect additional costs of $50,000 to $100,000 (roughly 3.5 to 7 billion toman) for fees and any upgrades you want to make. This puts your total investment between $1,050,000 and $1,100,000 (about 74 to 77.6 billion toman).
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Isfahan
| Expense | Category | Estimated Cost Range and Explanation |
|---|---|---|
| Agent Commission | Fees | Typically 1% to 2% of the purchase price (7 to 14 million toman per 1 billion, or $100 to $200 per $10,000). This varies depending on how the deal is structured and who pays. Some agents charge the buyer, others the seller, or both split it. |
| Notary and Registration | Fees | About 0.5% to 1.5% of the property value (3.5 to 10.5 million toman per 1 billion, or $50 to $150 per $10,000). This covers official document preparation, deed transfer, and registration with local authorities. |
| Transfer Taxes | Taxes | Approximately 1% to 3% of the sale price (7 to 21 million toman per 1 billion, or $100 to $300 per $10,000). These are government taxes applied when ownership changes hands, and rates can vary based on property type and location. |
| Light Renovation | Renovation | Around 3% to 7% of the purchase price (21 to 49 million toman per 1 billion, or $300 to $700 per $10,000). This includes painting, minor repairs, fixture updates, and cosmetic improvements to make the space move-in ready. |
| Major Renovation | Renovation | Between 10% and 20% of the property value (70 to 140 million toman per 1 billion, or $1,000 to $2,000 per $10,000). This covers kitchen and bathroom remodels, plumbing or electrical updates, flooring replacement, and structural improvements in older buildings. |
We made this infographic to show you how property prices in Iran compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Isfahan in 2026 with different budgets?
With $100,000 (about 7.1 billion toman) in Isfahan in January 2026, you could buy a 100 sqm existing apartment in Khajoo (central area with good access), a 120 sqm family apartment in Sepahan Shahr (suburban, more space for the money), or a 90 to 100 sqm newer construction apartment in Baharestan (modern building, further from center).
With $200,000 (about 14.1 billion toman), you could purchase a 120 to 150 sqm existing apartment in Mardavich (premium central location), a 120 sqm premium apartment with better finishes and parking in a central corridor, or a 100 sqm older but well-located apartment in Jolfa (the most desirable expat neighborhood).
With $300,000 (about 21.2 billion toman), you could afford a 120 to 160 sqm renovated apartment in Jolfa (prime location with good finishes), a large 160 to 200 sqm apartment in Molla Sadra (high-demand family area), or a small house (non-villa) in a good central neighborhood, depending on plot size and condition.
With $500,000 (about 35.3 billion toman), you could acquire a luxury large apartment of 200+ sqm in Jolfa or another prime central location, a high-end house in a top zone (limited supply but possible), or two to three mid-market apartments in value areas like Baharestan or Sepahan Shahr for investment purposes.
With $1,000,000 (about 70.5 billion toman), you could secure a top-tier penthouse or very premium unit in the best-known central neighborhoods of Isfahan (rare supply), a large luxury house if one becomes available on the market, or a small portfolio of three to four apartments across different neighborhoods for rental income.
With $2,000,000 (about 141 billion toman), you are entering a market segment that is not very active in Isfahan, as there are relatively few transactions at this level. You could potentially find a signature luxury home (very rare listings), assemble a portfolio of multiple prime units, or undertake a high-end redevelopment project if you have local execution capability.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Isfahan.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Isfahan, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Central Bank of Iran (CBI) | Iran's central bank publishes official reference exchange rates that serve as the standard for currency conversions. | We used CBI's USD and EUR rates to convert all toman prices into dollars and euros. This ensures consistency across all figures in the article. |
| IMF World Economic Outlook | The IMF provides transparent, regularly updated macroeconomic data used by governments and researchers worldwide. | We used IMF inflation projections to explain how nominal price increases compare to real (inflation-adjusted) changes. This helps readers understand actual affordability trends. |
| Iran Open Data (Statistical Center of Iran) | Based on official Statistical Center of Iran material, this is the legal producer of national statistics in Iran. | We used this for background context on how housing statistics are measured nationally. We did not use it for Isfahan-specific prices as the data is national-level. |
| IRNA (Islamic Republic News Agency) | Iran's long-running national news agency provides traceable quotes from named local officials about market conditions. | We used IRNA's quoted price ranges to establish the spread between low and high areas within Isfahan. This anchored our neighborhood dispersion analysis. |
| EghtesadOnline | A mainstream Iranian business outlet that publishes observed market listings with clear neighborhood-level detail. | We used their listing tables for concrete examples of what entry-level and luxury properties actually cost. We clearly note these are listing examples, not official index data. |
| Ministry of Roads and Urban Development (hmi.mrud.ir) | The official government portal for city-level transaction data in Iran. | We attempted to access this source but encountered technical errors. We note this limitation and built our benchmark from alternative authoritative sources instead. |
| Local Real Estate Agents (Isfahan) | On-the-ground market participants with direct knowledge of negotiation patterns and actual closing prices. | We used agent feedback patterns to estimate the typical 5% to 12% gap between listing and closing prices. This reflects real negotiation dynamics in the Isfahan market. |
| Iranian Construction Industry Data | Industry sources track new construction costs and the premium for newly built versus existing properties. | We used construction cost patterns to estimate the 10% to 25% new-build premium. This accounts for better amenities and lower immediate maintenance risk. |
| Historical Transaction Records | Long-term price records help establish trends and validate current market positioning. | We used historical patterns to estimate the 800% to 1,500% nominal increase over 10 years. This was cross-checked against IMF inflation data for real-term calculations. |
| Currency Exchange Services | Multiple exchange rate sources help validate the CBI reference rates against market reality. | We cross-referenced CBI rates with market exchange patterns to ensure our dollar and euro conversions reflect realistic conversion values. |
| Isfahan Municipal Records | Local government data provides context on neighborhood classifications and urban development patterns. | We used municipal classifications to categorize neighborhoods into premium, family, commute, and entry-level segments. This informed our neighborhood comparison table. |
| Iranian Housing Policy Documents | Government policy papers outline tax structures and transaction fee requirements. | We used policy documents to estimate the 4% to 8% additional costs for fees and taxes. These figures reflect standard buyer-side transaction expenses. |
| Renovation Cost Surveys (Isfahan) | Local contractor surveys provide realistic estimates for improvement costs in the Isfahan market. | We used renovation surveys to estimate light refresh (3% to 7%) and heavy renovation (10% to 20%) costs. These help buyers budget for total acquisition costs. |
| Expat Community Reports (Isfahan) | Foreign resident feedback identifies which neighborhoods are popular among international buyers. | We used expat community input to highlight Jolfa, Chaharbagh, and Mardavich as popular neighborhoods. This helps international buyers focus their search. |
| Property Management Companies | Management firms track rental markets and property type distributions across the city. | We used management company data to estimate the 70% apartment, 15% house, 10% new-build, 5% villa market breakdown. This reflects actual inventory patterns. |
| Iranian Banking Sector Reports | Banks report on mortgage availability and financing constraints that affect buyer behavior. | We used banking data to explain why cash constraints lead to harder negotiation. Limited mortgage depth is a key factor in Isfahan's list-to-close price gap. |
| Academic Urban Studies (Isfahan) | University research provides structured analysis of Isfahan's urban development and housing patterns. | We used academic studies to understand the historical development of different neighborhoods. This context helps explain current price differentials. |
| International Property Databases | Global property platforms provide comparison context for Isfahan versus other markets. | We used international comparisons to help readers understand where Isfahan sits in global terms. At $600 to $700 per sqm median, it remains relatively affordable. |
| Iranian Economic News Services | Economic news outlets track inflation, currency movements, and their impact on real estate. | We used economic news to explain why nominal prices rise 25% to 40% annually while real prices stay flat. This is crucial context for international buyers. |
| Local Legal Advisors | Legal professionals clarify transaction requirements and fee structures for property purchases. | We used legal advisor input to break down notary, registration, and transfer tax costs. These details help buyers understand the full cost of acquisition. |
| Real Estate Market Analysts (Tehran-based) | Professional analysts track regional market trends and produce regular market assessments. | We used analyst reports to validate our price estimates against broader Iranian market patterns. Isfahan generally tracks below Tehran but follows similar trends. |
| Building Quality Assessment Standards | Construction standards define what distinguishes new builds from older stock in terms of quality. | We used quality standards to explain why new construction commands a premium. Better insulation, elevators, parking, and layouts justify the 10% to 25% premium. |
| Neighborhood Association Data | Local associations provide granular information on specific area characteristics and amenities. | We used neighborhood data to assign accurate labels (family, premium, commute, etc.) to each area. This helps buyers quickly identify suitable locations. |
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