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Get all the data you need about the real estate market in Masshad
We will look at the current housing prices in Masshad in 2026, using the latest data we could check.
We constantly update this blog post because Masshad property prices move fast when inflation and exchange rates change.
Our goal is simple: help you understand what a normal apartment, a premium home, or a larger residential property costs in Masshad today.
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 Masshad.
Insights
- The median housing price in Masshad in 2026 is around 7.0 billion toman, which is more useful than the average because luxury homes pull the average upward.
- A normal Masshad apartment buyer should think in price per square meter first, because size and neighborhood change the final price very quickly.
- In Masshad in 2026, closed sale prices are usually about 8% below asking prices, but luxury homes can need a larger discount.
- The Masshad property market is cheaper than Tehran, but still hard for local buyers because income growth has not kept up with inflation.
- New apartments in Masshad are usually about 22% more expensive per square meter than older resale apartments in the same area.
- Masshad homes became more expensive in toman over the past year, but property prices likely fell in real terms after inflation.
- Sajjadshahr, Ahmadabad, and Hashemiyeh remain the most expensive Masshad neighborhoods because buyers pay for status, services, parking, and resale demand.
- Tabarsi and some older eastern areas offer the lowest Masshad apartment prices, but buyers should budget more for repairs and building quality checks.
- A buyer spending around $200,000 in Masshad in 2026 can usually buy a strong premium apartment, not just an entry-level home.
- For a normal resale apartment in Masshad, the real all-in cost is often 10% to 16% higher than the purchase price once fees and light works are included.
What is the average housing price in Masshad in 2026?
The median housing price in Masshad is more useful than the average housing price because one very expensive apartment in Sajjadshahr or Ahmadabad can make the average look higher than what most buyers actually pay.
We are writing this Masshad housing price guide as of 2026, with the latest data collected from authoritative sources that we manually double checked.
In 2026, the median housing price in Masshad is about 7.0 billion toman, which is about $51,600 or €44,600. The average housing price in the Masshad residential market in 2026 is about 9.1 billion toman, which is about $67,000 or €58,000.
For about 80% of residential property goods in the Masshad market in 2026, a realistic price range is roughly 2.8 billion to 22.0 billion toman, or about $20,600 to $162,100, or about €17,800 to €140,200.
A realistic entry range in Masshad in 2026 is about 2.2 billion to 4.0 billion toman, or about $16,200 to $29,500, or about €14,000 to €25,500, which usually means a 45 to 65 square meter older apartment in Tabarsi or another lower-priced eastern area.
A realistic luxury range in the Masshad property market in 2026 is about 22 billion to 70 billion toman, or about $162,100 to $515,600, or about €140,200 to €446,200, which can buy a newer large apartment or penthouse-style unit in Sajjadshahr, Ahmadabad, Hashemiyeh, or another premium west-side area.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Masshad.
Are Masshad property listing prices close to the actual sale price in 2026?
In the Masshad property market in 2026, closed sale prices are usually about 6% to 10% below listing prices, with a practical citywide estimate near 8% below asking.
This gap exists because many Masshad sellers list high to protect themselves against inflation, while buyers still negotiate hard because financing is limited. The gap is usually smallest for well-priced small apartments and largest for luxury homes, over-renovated homes, weak-document properties, and homes with poor parking or old building systems.
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What is the price per sq m or per sq ft for properties in Masshad in 2026?
As of 2026, the median housing price in Masshad is about 78 million toman per square meter, or about $575 per square meter, or about €497 per square meter, which equals about 7.25 million toman per square foot, or about $53 per square foot, or about €46 per square foot. The average housing price in Masshad is about 92 million toman per square meter, or about $678 per square meter, or about €586 per square meter, which equals about 8.55 million toman per square foot, or about $63 per square foot, or about €54 per square foot.
The highest price per square meter in Masshad in 2026 is usually found in newer, smaller, high-quality apartments in premium areas, while the lowest price per square meter is usually found in older apartments or tired larger units that need renovation.
The highest Masshad price per square meter is usually in Sajjadshahr, Ahmadabad, Hashemiyeh, and some Kohsangi pockets, where prices can reach about 100 million to 180 million toman per square meter or more. The lowest Masshad price per square meter is usually in Tabarsi, older eastern areas, and weaker fringe districts, where prices often sit around 30 million to 55 million toman per square meter.
How have property prices evolved in Masshad?
Compared with one year ago, Masshad residential prices in 2026 are estimated to be about 35% to 45% higher in nominal toman terms. In simple terms, a Masshad apartment costs more in toman today, mainly because inflation, labor costs, materials, and currency pressure have pushed replacement costs higher.
Compared with two years ago, Masshad residential prices are likely about 90% to 120% higher in nominal toman terms. However, this does not mean homes became easier to profit from, because high inflation has eaten much of the gain in real purchasing power.
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 Masshad.
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How do prices vary by housing type in Masshad in 2026?
In 2026, standard apartments make up about 62% of the active Masshad residential market, new or nearly new apartments about 14%, older small apartments about 10%, large family apartments about 7%, houses or low-rise homes about 4%, and villas or luxury large homes about 3%, because most ordinary Masshad buyers shop for apartments rather than land-backed homes.
As of 2026, an older small apartment in Masshad averages around 3.6 billion toman, or about $26,500, or about €22,900, while a standard apartment averages around 7.4 billion toman, or about $54,500, or about €47,200. A new-build apartment is closer to 10.2 billion toman, or about $75,100, or about €65,000, a large family apartment is around 14.8 billion toman, or about $109,000, or about €94,300, a house or low-rise home is around 18.5 billion toman, or about $136,300, or about €117,900, and a luxury villa or premium residence is closer to 42 billion toman, or about $309,400, or about €267,700.
If you want to know more, you should read our dedicated analyses:
- How much should you pay for a house in Masshad?
- How much should you pay for an apartment in Masshad?
How do property prices compare between existing and new homes in Masshad in 2026?
In Masshad in 2026, new homes usually cost about 18% to 28% more per square meter than older comparable resale homes, with a practical midpoint around 22%.
This premium exists because buyers in Masshad pay extra for newer elevators, better parking, cleaner common areas, modern heating and cooling, and lower renovation risk.
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How do property prices vary by neighborhood in Masshad in 2026?
In Sajjadshahr, Masshad buyers mostly find modern premium apartments, large family units, and some penthouse-style homes. As of 2026, a realistic price range is about 18 billion to 45 billion toman, or about $132,000 to $331,000, because the area has strong status, good services, and high resale demand.
In Ahmadabad, Masshad buyers usually find central premium apartments, older high-quality buildings, and homes close to medical and commercial services. As of 2026, a realistic price range is about 11 billion to 28 billion toman, or about $81,000 to $206,000, because the area is established, central, and convenient.
In Tabarsi, Masshad buyers mostly find older apartments and lower-budget resale homes. As of 2026, a realistic price range is about 2 billion to 7 billion toman, or about $15,000 to $52,000, because the area is less premium and buyers often need to budget for renovation or building-quality checks.
You will find a much more detailed analysis by areas in our property pack about Masshad. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Masshad area | Market label | Typical total price | Typical price per sq m | Typical price per sq ft |
|---|---|---|---|---|
| Sajjadshahr | Luxury and prestige | 18bn to 45bn toman, about $132k to $331k | 125m to 180m toman, about $921 to $1,326 | 11.6m to 16.7m toman, about $86 to $123 |
| Ahmadabad | Central premium | 11bn to 28bn toman, about $81k to $206k | 105m to 150m toman, about $773 to $1,105 | 9.8m to 13.9m toman, about $72 to $103 |
| Hashemiyeh | Family premium | 9bn to 24bn toman, about $66k to $177k | 95m to 135m toman, about $700 to $994 | 8.8m to 12.5m toman, about $65 to $92 |
| Kohsangi | Central family | 8bn to 20bn toman, about $59k to $147k | 85m to 125m toman, about $626 to $921 | 7.9m to 11.6m toman, about $58 to $86 |
| Daneshjou | Upper mid-market | 7bn to 18bn toman, about $52k to $133k | 80m to 115m toman, about $589 to $847 | 7.4m to 10.7m toman, about $55 to $79 |
| Moallem | Established family area | 6bn to 16bn toman, about $44k to $118k | 75m to 110m toman, about $552 to $810 | 7.0m to 10.2m toman, about $51 to $75 |
| Janbaz | Popular mid-market | 5.5bn to 14bn toman, about $41k to $103k | 70m to 100m toman, about $516 to $737 | 6.5m to 9.3m toman, about $48 to $68 |
| Vakilabad | West-side lifestyle | 5bn to 13bn toman, about $37k to $96k | 60m to 90m toman, about $442 to $663 | 5.6m to 8.4m toman, about $41 to $62 |
| Elahiyeh | Newer value | 4.5bn to 12bn toman, about $33k to $88k | 58m to 88m toman, about $427 to $648 | 5.4m to 8.2m toman, about $40 to $60 |
| Ghasemabad | Space for money | 4bn to 11bn toman, about $29k to $81k | 52m to 82m toman, about $383 to $604 | 4.8m to 7.6m toman, about $36 to $56 |
| Ferdowsi | Affordable urban | 3.5bn to 9bn toman, about $26k to $66k | 45m to 70m toman, about $331 to $516 | 4.2m to 6.5m toman, about $31 to $48 |
| Tabarsi | Entry budget | 2bn to 7bn toman, about $15k to $52k | 30m to 55m toman, about $221 to $405 | 2.8m to 5.1m toman, about $21 to $38 |
How much more do you pay for properties in Masshad when you include renovation work, taxes, and fees?
In Masshad in 2026, a normal resale apartment buyer should usually budget 10% to 16% extra on top of the purchase price, while an older unit needing renovation can cost 20% to 30% extra.
If you buy a Masshad property for about $200,000 in 2026, that equals around 27.2 billion toman. With normal fees and light works, you may add about 2.7 billion to 4.3 billion toman, or about $20,000 to $32,000, so the final all-in budget may reach about 29.9 billion to 31.5 billion toman, or about $220,000 to $232,000.
If you buy a Masshad property for about $500,000 in 2026, that equals around 67.9 billion toman. With a 10% to 16% extra budget, the additional cost may be around 6.8 billion to 10.9 billion toman, or about $50,000 to $80,000, so the final all-in cost may sit around $550,000 to $580,000.
If you buy a Masshad property for about $1,000,000 in 2026, that equals around 135.8 billion toman. At this level, the extra costs may reach 13.6 billion to 21.7 billion toman, or about $100,000 to $160,000, especially if legal checks, title work, or luxury fit-out are involved.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Masshad
| Extra cost | Type | Estimated cost range in Masshad |
|---|---|---|
| Agent commission | Fees | Usually about 0.5% to 1.5% of the price, depending on the deal and local practice. On a 7 billion toman apartment, this can be around 35 million to 105 million toman, or about $260 to $770. |
| Transfer, registration, and municipal paperwork | Taxes and admin | Often around 2% to 5% of the purchase price when all paperwork and administrative steps are included. On a 7 billion toman home, that means around 140 million to 350 million toman, or about $1,000 to $2,600. |
| Legal and document checks | Fees | Often around 0.3% to 1.0% of the purchase price. This is important in Masshad because title quality, seller authority, and building documentation can change the risk of the purchase. |
| Light renovation | Renovation | Usually around 3 million to 8 million toman per square meter, or about $22 to $59 per square meter. This can cover paint, small repairs, basic floor work, and modest kitchen or bathroom updates. |
| Full mid-range renovation | Renovation | Usually around 8 million to 18 million toman per square meter, or about $59 to $133 per square meter. This is more relevant for older Masshad apartments with tired bathrooms, old plumbing, or dated interiors. |
| Luxury fit-out | Renovation | Usually around 20 million to 45 million toman per square meter, or about $147 to $331 per square meter. This can apply to premium apartments in Sajjadshahr, Ahmadabad, or Hashemiyeh where buyers expect better finishes. |
| Moving, appliances, and small setup costs | Setup | Often around 150 million to 1.5 billion toman, or about $1,100 to $11,000. The range is wide because a basic move is cheap, while new appliances and furnishing can become expensive quickly. |
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 Masshad in 2026 with different budgets?
With $100,000 in Masshad in 2026, or about 13.6 billion toman, you can look for a 120 to 140 square meter existing family apartment in Ghasemabad, a 100 to 120 square meter newer apartment in Elahiyeh, or an 85 to 105 square meter older premium apartment in Ahmadabad or Kohsangi.
With $200,000 in Masshad in 2026, or about 27.2 billion toman, you can look for a 150 to 190 square meter premium apartment in Hashemiyeh, a 130 to 160 square meter central premium apartment in Ahmadabad, or a 160 to 210 square meter high-quality apartment in Sajjadshahr.
With $300,000 in Masshad in 2026, or about 40.7 billion toman, you can look for a 200 to 240 square meter luxury apartment in Sajjadshahr, a 220 to 280 square meter large family apartment near Hashemiyeh or the Vakilabad corridor, or a large premium central residence in Ahmadabad.
With $500,000 in Masshad in 2026, or about 67.9 billion toman, you can look for a large luxury apartment or penthouse-style unit in Sajjadshahr, a premium villa-style or low-rise residence in a western lifestyle corridor, or two strong mid-to-premium apartments in areas such as Vakilabad, Elahiyeh, or Ghasemabad.
With $1,000,000 in Masshad in 2026, or about 135.8 billion toman, you are above the normal household market and can look for a top-tier large residence in Sajjadshahr, a high-end villa or land-backed home in a premium west-side area, or a small portfolio of 3 to 6 apartments in mid-market neighborhoods.
With $2,000,000 in Masshad in 2026, or about 271.5 billion toman, the budget is too high for the normal individual-buyer market and fits a luxury compound, a very high-end land-backed property, or a portfolio of several premium apartments across Sajjadshahr, Ahmadabad, Hashemiyeh, and Vakilabad.
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 Masshad, 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 exchange rates | It is Iran’s official central bank, so it is the direct public source for official exchange-rate references. | We used the June 2026 USD and EUR reference rates to convert toman prices into dollars and euros. We show toman first because local property conversations in Masshad usually use toman rather than rial. |
| Central Bank of Iran inflation data | It gives official inflation readings that help separate nominal price growth from real price growth. | We used the latest 2026 inflation readings to understand why Masshad property prices rose in toman. We also used inflation to explain why real housing prices may have fallen. |
| Numbeo property prices in Mashhad | It is not official, but it gives transparent city-center and outside-center price-per-square-meter data. | We used Numbeo as a cross-check for broad Masshad apartment prices. We did not use it alone because the sample is small and user-submitted. |
| Divar Masshad apartment listings | Divar is one of Iran’s main listing marketplaces and shows what buyers actually see in local searches. | We used Divar to review apartment asking prices, sizes, ages, rooms, and neighborhood patterns. We then adjusted asking prices downward to estimate likely closing prices. |
| Divar Masshad residential listings | This page covers a wider residential mix, including apartments, houses, and larger homes. | We used it to understand how much of the Masshad market is apartment-led. We also used it to compare apartment prices with house and low-rise home prices. |
| Sheypoor Masshad houses and apartments | Sheypoor is another large Iranian listing platform, so it is useful for checking whether Divar levels look reasonable. | We used Sheypoor as a second listing cross-check. We treated it as asking-price evidence, not as proof of completed sale prices. |
| Sheypoor Masshad apartment listings | Its apartment category helps compare smaller and older apartment stock in Masshad. | We used this page to cross-check entry-level and mid-market apartment examples. We also used it to see how building age affects asking prices. |
| CEIC Iran building permits | CEIC republishes structured economic and construction data, including data sourced from official Iranian institutions. | We used building-permit trends as a supply-side context check. We did not treat national building permits as a precise Masshad-only supply figure. |
| Springer Nature study on Mashhad transport and property values | It is a peer-reviewed study focused on Mashhad property values and transport accessibility. | We used it to explain why transport-connected and central-western areas can command higher prices. We used it for location logic, not for headline average prices. |
| Trading Economics Iran inflation summary | It republishes inflation data and identifies the Statistical Center of Iran as the source. | We used it as a second inflation cross-check against CBI data. We also used it to understand why housing and utilities matter for household inflation. |
| LivingCost Masshad cost of living data | It gives a broad cost-of-living view for Masshad, including housing-related indicators. | We used it only as a background affordability check. We did not use it as a primary source for property purchase prices. |
| Bdeex real estate Mashhad page | It gathers public real estate indicators for Mashhad in one place. | We used it as a secondary comparison point for broad price levels. We gave more weight to local listing pages and official economic sources. |
| Currency Table official IRR exchange-rate reference | It republishes Central Bank of Iran exchange-rate references in a simple format. | We used it as a secondary exchange-rate check. We still treated the Central Bank of Iran website as the primary source. |
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