Note
Spain house prices by region
Quick answer
In the second quarter of 2026 the statistics office reported regional annual rates from 9.5% in Navarre to 15.2% in Ceuta, with Asturias at 15.0% and the Basque Country at 10.0%. These are growth rates, not price levels.
Applies toBuyers who compare regions before choosing where to look.
On this page: 10 sections
§ 1What the release shows
The statistics office’s release for the second quarter of 2026 gives annual rates by region. The highest were Ceuta at 15.2%, Asturias at 15.0% and Castilla y León at a rate just under that. The lowest were Navarre at 9.5%, the Basque Country at 10.0% and Catalonia just above that. The national figure was 12.2%. This page belongs to the chapter in an overview of prices.
§ 2Growth is not level
A region with a high growth rate may have low prices that are catching up, or high prices that keep rising. The central bank notes that price growth has been concentrated in the provinces that were already the most expensive, so some of the high-growth regions are costly and some are not. Use growth to see momentum and use sold prices to see level.
§ 3Why regions differ
Prices respond to local jobs, tourism, second-home demand, supply and the rules. Coastal and island markets depend on foreign and second-home demand. Capitals depend on jobs and rents. Some northern regions have strong local demand and tight supply, and others have rural areas where prices barely move. A single national rate hides all of it.
§ 4Within a region
Regions are large. A region contains resort towns, cities and villages that behave differently. A regional rate says very little about the town you are interested in. For local figures, ask the lawyer or the agent for recent sold prices, and read the registrars’ provincial tables.
§ 5Regional rules and taxes
The region you buy in also decides the transfer tax rate and other rules. The costs section lists the rates by region, and the average price in detail explains why a single average price misleads. A region with lower prices but higher taxes can cost the same all-in.
§ 6Restrictions
Some islands have debated limits on purchases by non-residents. The chapter on rules and policy explains what is law and what is only proposed, for the Balearic and the Canary Islands.
§ 7Keeping current
The next release will change the ranking. We record the release and the date we read it and will update the page.
§ 8Choosing a region
Choose a region by how you will live there, not by the growth rate. Climate, distance to an airport, healthcare, language and the community around you decide whether you stay. Prices and taxes then decide what you can afford.
§ 9Official regional sources
The statistics office publishes the full regional table with each release. The registrars publish provincial sales and prices. Regional governments publish their own tax rates and rules. Read all three for your chosen region.
§ 10More on this topic
Prices in 2026 in detail explains what the 2026 price figures show so far and price forecasts in detail explains what forecasts are worth and what the central bank says.
The house price index in detail explains what the national index measures and price per square metre in detail explains the price per square metre figure.
FAQRelated questions
Which region has the most expensive homes?
These growth rates cannot answer that, since they track change and not levels. The central bank adds that rises have clustered in provinces that were already pricey, so expensive and fast-growing often coincide.
Does fast growth mean a better buy?
No. A high rate says prices rose more over the year, which can mean a catching-up market or a hot one. It does not say the homes are cheap or dear. Compare local sold prices and the costs of the region.
Where do I find the full table?
On the statistics office’s page for the housing price index, which lists every region. The registrars publish regional sales and price tables. We read the headline regional rates for this page and not the full tables.
Sources
- Instituto Nacional de Estadística: Housing Price Index (HPI), Q2 2026 press release (official source, opens in a new window), Annual and quarterly change; regionsLast checked 17 October 2026
- Banco de España: Informe de Estabilidad Financiera, Primavera 2026, capítulo 4 (official source, opens in a new window), Overvaluation range, price growth, risksLast checked 17 October 2026
General information only. This is not legal, tax or financial advice. Check your own situation with a qualified adviser.