Housing prices in the municipality of Ierapetra

Property prices trend in Ierapetra

The following charts show price trends over time for all types of residential property in Ierapetra, both for sale and for rent.

In April 2024 for residential properties for sale was asked an average of € 1,922 per square meter, with a decrease of 1.23% compared to April 2023 (1,946 €/m²). Over the past 2 years, the average price in Ierapetra municipality reached its peak in April 2023, with a value of € 1,946 per square meter. The month with the lowest asking price was July 2022: for a property for sale was asked an average of € 1,626 per square meter.

In April 2024 for residential rental properties was asked an average of € 7.00 per month per square meter, with an increase of 21.11% compared to April 2023 (€ 5.78 monthly per square meter). Over the past 2 years, the average price in Ierapetra municipality reached its peak in April 2024, with a value of € 7.00 per square meter. The month with the lowest asking price was May 2023: for a rental property was asked an average of € 5.63 per month per square meter.

Prices per square meter of the zones in Ierapetra

During April 2024, the asking price for properties for sale in Ierapetra was highest in the Kavousi area, with € 3,406 per square meter. The lowest price, instead, was in the Mirtos area, with an average of € 364 per square meter.
During the same month, the asking price for rental properties in Ierapetra was highest in the Center area, with € 7.15 per month per square meter. The lowest price, instead, was in the Koutsounari area, with an average of € 0.53 per month per square meter.