The short answer: in Medellín, apartments currently ask a median of about US$2,514 (COP 7,894,737) per square meter built, as of 3 Sep 2026. Built area and land are measured on different bases and differ by roughly an order of magnitude, so the table below keeps them apart rather than averaging them into a number that describes nothing.

Median price per m² in Medellín

estimate An estimate from comparable properties and assumptions. Not a promise.

Type Measured on Median per m² in Medellín Per sq ft
Apartments m² built US$2,514COP 7,894,737 US$233.54
Homes m² of lot US$1,668COP 5,238,657 US$154.97
Land m² of lot US$263COP 827,160 US$24.47
Fincas m² of lot US$115COP 362,412 US$10.72

Figures as of 3 Sep 2026. These are ASKING prices from currently active listings, not deed (escritura) values, and not an appraisal.

USD is approximate, converted at the official TRM of COP 3,140.55 on 3 Sep 2026. COP is the source of truth.

A type with no figure has too little active inventory in Medellín to publish a median we would stand behind. We would rather publish nothing than a number built on a handful of listings.

How we knowFigures as of September 3, 2026. Prices: active listings we verified ourselves; USD rate: TRM 3,140.55 COP per US$1, valid September 3, 2026 (Banco de la República, via datos.gov.co).

How to read this

A median is the middle of the market: half the active listings ask more, half ask less. It survives outliers where an average does not, which matters in Medellín, where one tower or one estate can be several times the price of everything around it. Two things move a per-m² figure more than anything else here: the stratum and the age of the building for apartments, and access and topography for land. Before you conclude a price is high, check which of those the property has, and whether the seller is quoting built area, lot area, or the two added together.

What the number does not include
Administración on an apartment, which can move the real monthly cost of ownership more than a difference of a few hundred dollars per square meter in the purchase price. Ask for the current monthly figure and the last two years of increases before you compare two buildings on price per m² alone.

What this is not

This is not an appraisal. A formal avalúo is a professional service with legal standing, performed on one specific property by someone who visits it. It is also not a record of what properties sold for: Colombian sale prices are recorded in the escritura and are not public, so every figure here is what sellers are currently ASKING.

Price per m² nearby

Same table, other municipalities: Envigado, Sabaneta, El Peñol, El Retiro, Marinilla and Rionegro. The full table across every municipality we cover puts them side by side. Our marketplace publishes its own price index for Medellín over a wider set of listings.

Want this run on a specific property?

Send the municipality, the built and lot area, and the asking price. We will tell you where it sits against comparable active inventory in Medellín, and what we would ask the seller.