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What are housing prices like in Isfahan right now? (2026)

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Authored by the expert who managed and guided the team behind the Iran Property Pack

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In this article, we look at current housing prices in Isfahan in 2026, using the latest data we have collected and checked.

We constantly update this blog post because property prices in Isfahan can move fast when inflation and exchange rates change.

We focus only on residential property, so the numbers below are for apartments, houses, and similar homes, not commercial real estate.

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 average housing price in Isfahan in 2026 is about 92 billion IRR, but the median is lower, near 75 billion IRR, because premium districts pull the average up.
  • The median price per square meter in Isfahan in 2026 is around 750 million IRR, or about $545 per m², based on June 2026 exchange rates.
  • Isfahan property prices are highly local: Mardavij can cost more than four times as much per m² as entry areas like Baharestan or Foladshahr.
  • For most buyers, the real Isfahan housing market sits between 25 billion IRR and 240 billion IRR, excluding distressed units and very rare luxury homes.
  • A realistic entry apartment in Isfahan in 2026 starts around 22 billion IRR to 45 billion IRR, usually with compromises on age, surface, parking, or location.
  • Listed property prices in Isfahan are often around 8% above final sale prices, but the gap can be much wider for old, stale, or legally weaker homes.
  • New or recently built apartments in Isfahan cost about 32% more than older comparable units, mainly because buyers want lower renovation risk.
  • A $200,000 budget is already strong in Isfahan in 2026 and can reach premium family apartments in Mardavij, Julfa, or Sepahan Shahr.
  • In rial terms, Isfahan homes rose sharply since 2025, but after inflation the market looks roughly flat or slightly weaker in real purchasing power.

What is the average housing price in Isfahan in 2026?

The median housing price in Isfahan in 2026 is more useful than the average because it shows what a normal buyer is more likely to pay, while the average is pushed up by expensive homes in Mardavij, Julfa, and Sepahan Shahr.

We are writing this as of 2026 with the latest data collected from authoritative sources that we manually double checked.

The median housing price in Isfahan in 2026 is about 75 billion IRR, which is about $54,500 or €47,300.

The average housing price in Isfahan in 2026 is about 92 billion IRR, which is about $66,900 or €58,000.

For about 80% of normal residential properties in Isfahan in 2026, a realistic price range is about 25 billion IRR to 240 billion IRR, or roughly $18,000 to $175,000, or €15,800 to €151,000.

A realistic entry range in Isfahan in 2026 is about 22 billion IRR to 45 billion IRR, or roughly $16,000 to $33,000, or €13,900 to €28,400, for a 55 m² to 75 m² older apartment in Baharestan, Foladshahr, Berzan, Bagh Fadak, or another lower-cost area.

A typical luxury property in Isfahan in 2026 costs about 220 billion IRR to 600 billion IRR, or roughly $160,000 to $436,000, or €139,000 to €378,000, usually for a 140 m² to 220 m² new or recently built apartment in Mardavij, Julfa, Sepahan Shahr, or prime Khane Isfahan.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Isfahan.

Sources and methodology: we used Central Bank of Iran inflation data, ValutaFX USD rates, and ValutaFX EUR rates. We checked Isfahan asking prices against Divar, Sheypoor, and Kilid. We treated listings as asking prices, then adjusted them with local market articles and normal negotiation discounts.

Are Isfahan property listing prices close to the actual sale price in 2026?

In Isfahan in 2026, listed residential property prices are usually about 8% above final sale prices, with most real deals closing about 5% to 12% below asking price.

This gap exists because sellers in Isfahan often protect themselves against inflation and rial weakness by listing above the price they may accept.

The gap is smaller for clean, well-priced homes in Mardavij, Julfa, and Sepahan Shahr, and larger for old, overpriced, poorly renovated, or legally weaker homes.

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What is the price per sq m or per sq ft for properties in Isfahan in 2026?

As of 2026, the median housing price in Isfahan is about 750 million IRR per m², or about $545 per m² and €473 per m², which equals about 69.7 million IRR per ft², or $51 per ft² and €44 per ft².

The average housing price in Isfahan is about 880 million IRR per m², or about $640 per m² and €555 per m², which equals about 81.8 million IRR per ft², or $60 per ft² and €52 per ft².

The highest price per m² in Isfahan in 2026 is usually found in 80 m² to 130 m² newer apartments in premium areas, while the lowest price per m² is usually found in older, larger, or peripheral homes because they are less liquid and often need renovation.

The highest price per m² in Isfahan in 2026 is found in Mardavij, Julfa, Sepahan Shahr, and prime Khane Isfahan, where typical ranges are about 1.1 billion IRR to 2.2 billion IRR per m².

The lowest price per m² in Isfahan in 2026 is found in Foladshahr, Baharestan, and some outer northern or peripheral pockets, where typical ranges are about 130 million IRR to 500 million IRR per m².

Sources and methodology: we compared neighborhood examples from KhabarOnline and EghtesadOnline. We then checked current asking prices on Divar, Sheypoor, and Kilid. We converted tomans into IRR and rounded the results for easier reading.

How have property prices evolved in Isfahan?

Compared with one year ago, the average price per m² in Isfahan rose from about 610 million IRR in June 2025 to about 880 million IRR in June 2026.

That is roughly 44% nominal growth, but after high inflation, Isfahan housing was roughly flat to slightly cheaper in real purchasing-power terms.

Compared with two years ago, Isfahan property prices are much higher in rials because inflation, building costs, and currency weakness pushed sellers to reprice homes upward.

In practical terms, buyers need far more rials than in 2024, but the real value of an average home has not increased nearly as much as the rial price suggests.

By the way, we’ve written a blog article detailing the latest updates on property price variations in Iran.

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.

Sources and methodology: we used Central Bank of Iran inflation data to compare nominal prices with real purchasing power. We used Central Bank of Iran economic reports and the IMF Iran profile for macro context. We adjusted local Isfahan observations with inflation and cross-checked them against current listing behavior.

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How do prices vary by housing type in Isfahan in 2026?

In Isfahan in 2026, we estimate that standard apartments make up about 55% of active residential supply, older apartments needing work about 18%, new or recent apartments about 12%, standalone houses about 7%, large luxury apartments about 4%, and redevelopment homes about 4%, because apartments are the easiest homes to buy, sell, rent, and compare.

An older small apartment in Isfahan costs about 38 billion IRR, or $27,600 and €23,900, while a standard existing apartment costs about 75 billion IRR, or $54,500 and €47,300.

A new-build apartment costs about 115 billion IRR, or $83,600 and €72,500, while a large family apartment costs about 155 billion IRR, or $112,700 and €97,700.

A standalone house costs about 260 billion IRR, or $189,100 and €163,800, while a luxury apartment or penthouse-style unit costs about 420 billion IRR, or $305,500 and €264,700.

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we used Divar, Sheypoor, and Kilid to understand active supply. We used KhabarOnline examples to cross-check property sizes and district price levels. We grouped homes by type, age, and liquidity, then rounded the prices to simple buyer-friendly numbers.

How do property prices compare between existing and new homes in Isfahan in 2026?

In Isfahan in 2026, a new or recently built home costs about 32% more than an older comparable home, with a normal premium of about 20% to 45%.

This premium exists because buyers in Isfahan pay more for lower repair risk, better parking, elevators, cleaner deed status, modern finishes, and easier resale.

Sources and methodology: we compared new and existing apartment examples from Divar, Sheypoor, and Kilid. We also checked neighborhood market notes from EghtesadOnline. We treated the result as an average premium, not a rule for every building.

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How do property prices vary by neighborhood in Isfahan in 2026?

Julfa is one of the most attractive lifestyle areas in Isfahan, with 90 m² to 160 m² apartments, renovated older homes, and boutique units. In 2026, a typical home in Julfa costs about 110 billion IRR to 230 billion IRR, or about $80,000 to $167,000, or €69,000 to €145,000, because the area has historic character, walkability, cafés, and strong appeal for expats.

Mardavij is one of the most expensive residential districts in Isfahan, with many 120 m² to 180 m² newer family apartments. In 2026, a typical home in Mardavij costs about 180 billion IRR to 420 billion IRR, or about $131,000 to $305,000, or €113,000 to €265,000, because buyers pay for better buildings, status, space, and resale liquidity.

Sepahan Shahr is a modern family area where buyers often look for larger apartments and newer developments. In 2026, a typical home in Sepahan Shahr costs about 130 billion IRR to 260 billion IRR, or about $95,000 to $189,000, or €82,000 to €164,000, because the area offers more space and a more planned residential feel.

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 Market label Typical home price Typical price per m² Typical price per ft²
Foladshahr Cheapest / peripheral 15 to 35B IRR
$11k to $25k
130 to 250M IRR
$95 to $182
12 to 23M IRR
$9 to $17
Baharestan Entry / commuter 25 to 55B IRR
$18k to $40k
300 to 500M IRR
$218 to $364
28 to 46M IRR
$20 to $34
Bagh Fadak Affordable family 35 to 70B IRR
$25k to $51k
420 to 650M IRR
$305 to $473
39 to 60M IRR
$28 to $44
Berzan First-time buyer 35 to 75B IRR
$25k to $55k
400 to 650M IRR
$291 to $473
37 to 60M IRR
$27 to $44
Sarcheshmeh Middle market 55 to 95B IRR
$40k to $69k
550 to 850M IRR
$400 to $618
51 to 79M IRR
$37 to $57
Malek Shahr Popular / liquid 70 to 120B IRR
$51k to $87k
700M to 1.0B IRR
$509 to $727
65 to 93M IRR
$47 to $68
Kaveh Practical / commute 65 to 130B IRR
$47k to $95k
700M to 1.1B IRR
$509 to $800
65 to 102M IRR
$47 to $74
Khane Isfahan Upper-middle family 110 to 190B IRR
$80k to $138k
850M to 1.25B IRR
$618 to $909
79 to 116M IRR
$57 to $84
Chaharbagh / Kowsar pockets Central / lifestyle 90 to 180B IRR
$65k to $131k
900M to 1.3B IRR
$655 to $945
84 to 121M IRR
$61 to $88
Julfa Expat / historic premium 110 to 230B IRR
$80k to $167k
1.15 to 1.8B IRR
$836 to $1,309
107 to 167M IRR
$78 to $122
Sepahan Shahr Modern family / upper 130 to 260B IRR
$95k to $189k
1.15 to 1.7B IRR
$836 to $1,236
107 to 158M IRR
$78 to $115
Mardavij Prime / luxury 180 to 420B IRR
$131k to $305k
1.5 to 2.2B IRR
$1,091 to $1,600
139 to 204M IRR
$101 to $149
Sources and methodology: we used neighborhood examples from KhabarOnline and EghtesadOnline. We checked active asking prices on Divar, Sheypoor, and Kilid. We grouped neighborhoods by buyer behavior, not only by geography.

How much more do you pay for properties in Isfahan when you include renovation work, taxes, and fees?

In Isfahan in 2026, a normal buyer should usually budget about 15% to 25% above the purchase price for agency costs, taxes, registration, legal checks, renovation, furniture, and a safety buffer.

If you buy a property around $200,000, or about 275 billion IRR, a realistic extra cost is about 41 billion IRR to 69 billion IRR, or about $30,000 to $50,000.

That means the total cash plan should be close to 316 billion IRR to 344 billion IRR, or about $230,000 to $250,000, especially if the apartment needs some renovation.

If you buy a property around $500,000, or about 687.5 billion IRR, a realistic extra cost is about 103 billion IRR to 172 billion IRR, or about $75,000 to $125,000.

That means the total budget should be around 790 billion IRR to 859 billion IRR, or about $575,000 to $625,000, depending on renovation quality and legal costs.

If you buy a property around $1,000,000, or about 1.375 trillion IRR, a realistic extra cost is about 206 billion IRR to 344 billion IRR, or about $150,000 to $250,000.

That means the total cash plan should be around 1.581 trillion IRR to 1.719 trillion IRR, or about $1.15 million to $1.25 million, because larger deals often need deeper legal checks and a stronger contingency reserve.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Isfahan

Extra expense Type Estimated cost range
Agency commission / brokerage Fees Usually about 1% to 3% of the purchase price, or roughly $500 to $6,000 on many typical Isfahan deals. The exact amount depends on the agency agreement and how the fee is split between buyer and seller.
Transfer tax / official tax clearances Taxes Often about 3% to 6% of the relevant tax base, or roughly $1,000 to $15,000 on many normal deals. The final number can differ from the market price because tax calculations may use official assessed values.
Notary, deed, registration, and administration Fees Usually about 0.5% to 2%, or roughly $300 to $5,000. This covers paperwork, deed handling, registration, and related administrative steps.
Legal review / due diligence Professional cost Usually about 0.5% to 1.5%, or roughly $300 to $4,000. This is important in Isfahan because deed status, seller authority, debts, and building permissions can change the real risk of a purchase.
Light renovation Renovation Usually about 5% to 10% of the purchase price, or roughly $1,000 to $20,000. This can cover painting, small kitchen or bathroom work, basic repairs, and small upgrades.
Full interior renovation Renovation Usually about 15% to 30% of the purchase price, or roughly $5,000 to $80,000. This applies when an older Isfahan apartment needs major work before it feels modern and comfortable.
Furniture, appliances, and moving Setup Usually about 2% to 8%, or roughly $1,000 to $25,000. The range is wide because a simple rental setup costs much less than furnishing a premium family home.
Contingency reserve Safety buffer Usually about 5% to 10%, or roughly $1,000 to $40,000. This is useful in Isfahan because exchange rates, renovation costs, and administrative steps can move during the purchase process.
Sources and methodology: we used Iran Data Portal tax material for the legal and tax categories. We combined that with practical buyer-side costs observed in Iranian property transactions. We treated final fees as estimates because assessed values, notary costs, agency agreements, and renovation needs vary by property.
infographics comparison property prices Isfahan

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, or about 137.5 billion IRR, you can buy a 110 m² to 130 m² existing apartment in Malek Shahr, a 95 m² to 115 m² renovated apartment in Kaveh or Sarcheshmeh, or a smaller 70 m² to 90 m² newer apartment in Khane Isfahan.

With $200,000, or about 275 billion IRR, you can buy a 140 m² to 160 m² new or recent apartment in Mardavij, a 150 m² to 180 m² premium renovated apartment in Julfa, or a 180 m² to 220 m² family apartment in Sepahan Shahr.

With $300,000, or about 412.5 billion IRR, you can buy a 180 m² to 220 m² premium new apartment in Mardavij, a 200 m² to 250 m² large apartment or house-style unit in Sepahan Shahr, or a high-quality renovated historic-area home in Julfa.

With $500,000, or about 687.5 billion IRR, you can buy a large luxury apartment or penthouse-style unit in Mardavij, a premium family residence in Sepahan Shahr, or a rare larger renovated property in Julfa or a central premium pocket.

With $1,000,000, or about 1.375 trillion IRR, you can buy a top-tier large residence in Mardavij, a large land-backed house or redevelopment property in a strong district, or two or more high-quality apartments in upper-middle areas such as Khane Isfahan, Sepahan Shahr, or Malek Shahr.

With $2,000,000, or about 2.75 trillion IRR, you are above the normal residential market in Isfahan, so you would usually buy a rare prime residence, a land-backed redevelopment asset, or a portfolio of several premium apartments.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Iran.

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 we trust it How we used it
Central Bank of Iran inflation rate Iran’s central bank publishes official inflation time series. We used this source to anchor the inflation correction. We also used it to separate nominal rial price growth from real purchasing-power growth.
Central Bank of Iran economic reports This is the official central-bank publication page for Iran’s economic reports and statistical tables. We used this source for national macro and monetary context. We did not use it as a city-level Isfahan property price source because it does not provide a clean current residential transaction series for Isfahan.
IMF DataMapper Iran profile The IMF is a major international source for country-level macroeconomic data and forecasts. We used this source to understand the national 2026 macro backdrop. We did not use IMF data to estimate Isfahan neighborhood prices because the data is national, not local.
ValutaFX USD to IRR historical rates 2026 This source gives daily historical exchange-rate data that can be checked date by date. We used this source to convert Isfahan property prices from IRR into US dollars. We used rounded June 2026 conversions because the rial moved sharply in 2026.
ValutaFX EUR to IRR historical rates 2026 This source gives historical euro to rial exchange-rate data for 2026. We used this source to convert Isfahan property prices from IRR into euros. We used early-June 2026 levels to keep the article consistent with the 2026 period.
EghtesadOnline Isfahan neighborhood observations EghtesadOnline is an established Iranian business-news outlet with market-monitoring content. We used this source to calibrate the gap between cheaper peripheral areas and premium neighborhoods such as Julfa. We adjusted older observations to 2026 with inflation and current listing checks.
KhabarOnline Isfahan apartment price examples KhabarOnline is a major Iranian news outlet and republishes detailed housing-price monitoring notes. We used this source to cross-check examples in Berzan, Sarcheshmeh, Malek Shahr, and Mardavij. We converted these examples into price-per-square-meter benchmarks.
Divar Isfahan residential listings Divar is one of Iran’s largest property listing platforms. We used this source to check live asking-price behavior in Isfahan. We treated Divar prices as asking prices, not closed sale prices.
Sheypoor Isfahan residential listings Sheypoor is another large Iranian listing marketplace. We used this source to cross-check property-type examples and entry-level listings. We also used it to compare older and lower-cost stock with more liquid apartment listings.
Kilid Isfahan residential listings Kilid is an established Iranian real-estate portal with residential search pages. We used this source to validate the role of apartments in the liquid Isfahan market. We also used it to compare central, northern, southern, and peripheral price patterns.
Iran Data Portal income tax law section This source reproduces Iranian tax and legal material in an accessible format. We used this source to identify the legal and tax categories that can affect property transfers. We then estimated practical buyer-side costs because final amounts vary by deed value, notary office, and transaction structure.
Sands of Wealth Iran Property Pack This is our internal market pack built for foreign buyers who need practical real estate guidance. We used this pack to keep the article focused on buyer questions, not just raw data. We also used it to make the Isfahan numbers easier to compare with other Iranian property markets.

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