Thuringia real estate report 2026: Jena tops prices while eastern districts offer plots from €37/m²

The most expensive market: Jena

According to the 2026 real estate market report published by the Thuringian State Office for Land Management and Geoinformation, Jena remains the most expensive location in the state across all property categories. A building plot for a single-family home in the university city cost an average of €458 per square metre, while land for a multi-family dwelling reached €638 per square metre. Existing properties commanded even higher sums: the median price for a single- or two-family house was €547,000, and a larger multi-family building sold for a median of €635,000.

Where prices hit rock bottom

At the opposite end of the spectrum, three districts offered markedly lower entry points. The Unstrut-Hainich district recorded the lowest median price for a single-family building plot in all of Thuringia at just €57 per square metre. In Greiz, a plot for a multi-family house was available for a median of €37 per square metre. For existing homes, the Kyffhäuserkreis was the most affordable, with a single- or two-family house costing €140,000 and a multi-family house €240,000.

What the numbers actually mean

The state office stressed that the figures reflect actual transaction prices — the sums at which properties genuinely changed hands. However, the statistics do not account for differences in location, fixtures, or plot size that influence individual sale prices. All values are reported as the median, meaning half of all transactions fell below the figure and half above it. The office cautioned that the data therefore does not permit direct conclusions about true differences in property value.

Market activity in 2025

Transaction volumes across Thuringia showed mixed signals last year. The state recorded approximately 28,000 property transactions, an increase of 3.9 percent compared to 2025. Sales of developed plots rose by 5.8 percent statewide. In contrast, transactions involving building plots declined by 3.4 percent, suggesting a cooling in new construction activity even as existing home sales picked up.