House prices in Palermo
The OMI values of the Italian Revenue Agency, area by area: a yardstick for comparison, not an appraisal of a single property.
In Palermo, in the 1st half of 2026, the Italian Revenue Agency (Agenzia delle Entrate) gives a median of €1,050/m² as the minimum value and €1,450/m² as the maximum value for homes in normal condition. The most useful figure is the gap between zones: the highest value reaches €2,950/m² in zone B20, around Politeama and via Settimo, while the lowest drops to €660/m² in the extra-urban zone R1, agricultural land to the south-east.
These are not the price of a specific home, but a starting point. If you are looking at an auction in the central area, the average of the minimums is about €1,292/m² and the average of the maximums about €1,834/m². In the outskirts the averages are around €1,092 and €1,475. The centre costs more, but within the same band zones vary a lot, so always check your own zone.
On the rental side, the median of the zones is €4.2 per m² per month. In 2025 they range from €4.7 per m² per month for transitional student contracts to €5.7 for the open-market 4+4 lease (the free four-year contract plus four). The 3+2 agreed-rent lease (canone concordato) stands at €5.1. If you are evaluating a rental, compare the contract you are interested in with its own value, not with a general average.
In the provincial capital, home sales total 6,845 over the last four quarters, with an annual change of -4.% in the 2nd quarter of 2026, according to provisional data from the Italian Revenue Agency (Agenzia delle Entrate) (OMI property values (quotazioni OMI)). The share of purchases with a mortgage is about 46%: nearly one sale in two goes through the bank. If you are thinking about an auction, factor in financing from the very beginning.
It is a useful reference for understanding how much a monthly instalment weighs on a family's budget. The auctions currently under way in the municipality are listed below: read them with the zone values in mind, and remember that an auction price is never automatically a good price.
Text updated on 5 November 2026, on OMI values for the first half of 2026.
The summary, band by band
| Band | Areas | Average minimum €/m² | Average maximum €/m² |
|---|---|---|---|
| Centrale | 16 | 1,292 | 1,834 |
| Semicentrale | 8 | 1,088 | 1,450 |
| Periferica | 10 | 1,092 | 1,475 |
| Suburbana | 15 | 1,092 | 1,503 |
| Extraurbana | 2 | 680 | 870 |
From 660 €/m² in the cheapest area to 2,950 €/m² in the most expensive one (4.5 times as much). Median rent: 4.2 €/m² a month.
The most expensive areas
- B20 · Delim:XX Sett-Corleo-Politeama-Villareale-R.Settimo-Cavour-Roma2,050–2,950 €/m²
- B21 · Delimit: XX Sett-La Farina-Cusmano-Latini-S.F.Da Paola-P.Ungheria1,600–2,350 €/m²
- E3 · R.Margherita-Mondello Valdesi-Tolomea-M.Alliata-Mondello Paese1,650–2,250 €/m²
- B12 · Massimo-Pignatelli Aragona-Goethe-V.E.Orlando-Amico1,450–2,150 €/m²
- B23 · Delim: Via delle Croci-Corleo-P.Sturzo-U.Bassi Albanese-Orsini1,550–2,150 €/m²
The cheapest areas
- R1 · Zona Sud Est a Destinazione Agricola660–810 €/m²
- R2 · Zona Rurale Nord Ovest700–930 €/m²
- C10 · Rione Danisinni750–1,050 €/m²
- D8 · Stazione Brancaccio-Torrelunga-Giafar-Conte Federico-Pecoraino770–1,150 €/m²
- B4 · Dossuna-Colonna Rotta-Alberto Amedeo880–1,250 €/m²
How these numbers are calculated
- Values
- Euro per m² for the sale of homes in normal condition (standard homes, where the area lists them), minimum and maximum of the area.
- Average of the minimums / maximums
- Average, over the areas of the band, of the minimum values and of the maximum values.
- Median of the minimums
- Half of the areas have a lower minimum value than this, half a higher one (the same for the maximums).
- Most expensive vs cheapest area
- The maximum value of the most expensive area divided by the minimum of the cheapest one.
- Median rent
- Median, over the areas, of the central value of the rent range, in euro per m² a month.
- Areas with an excellent-condition value
- Areas where the Agency also publishes the value for homes in excellent condition.
All the OMI areas
Source: Italian Revenue Agency (Agenzia delle Entrate) – OMI property values, first half of 2026. Type: standard homes, economy homes, villas and detached houses. Sale in €/m², rent in €/m² a month, minimum and maximum of the area. Areas with a link have a page with the auctions in progress.
| Area | Band | Sale €/m² | Rent €/m² a month |
|---|---|---|---|
| B12Massimo-Pignatelli Aragona-Goethe-V.E.Orlando-Amico · Central | Central | 1,450 – 2,150 | 4.1 – 5.8 |
| B13Delimitazione:Maqueda-V.Emanuele-Bonello-Amedeo-San Vito · Central | Central | 1,100 – 1,500 | 3.4 – 4.7 |
| B14Vittorio Emanuele-Maqueda-Roma · Central | Central | 1,400 – 2,000 | 7.5 – 10.5 |
| B15Delimitazione:Vittorio Emanuele-Maqueda-Tukory-Re Ruggero · Central | Central | 1,050 – 1,400 | 3.2 – 4.4 |
| B16Delimitazione:Maqueda-Vittorio Emanuele-Roma-Cavour · Central | Central | 1,300 – 1,850 | 3.9 – 5.5 |
| B17Delimitazione: Maqueda-Vittorio Emanuele-Roma-Giulio Cesare · Central | Central | 1,000 – 1,450 | 3.4 – 4.7 |
| B18Delimitazione: Cavour-Roma-Vittorio Emanuele-Crispi · Central | Central | 1,300 – 1,750 | 3.3 – 4.7 |
| B19Delimitazione: Vittorio Emanuele-Foro Italico-Lincoln-Roma · Central | Central | 1,250 – 1,700 | 3.7 – 5 |
| B2Crispi-Ucciardone-Porto · Central | Central | 1,400 – 2,100 | 3.8 – 5.2 |
| B20Delim:XX Sett-Corleo-Politeama-Villareale-R.Settimo-Cavour-Roma · Central | Central | 2,050 – 2,950 | 5.5 – 8 |
| B21Delimit: XX Sett-La Farina-Cusmano-Latini-S.F.Da Paola-P.Ungheria · Central | Central | 1,600 – 2,350 | 5 – 7 |
| B22Delim:Via Roma-Cavour- P.Pe di Scordia- e. Amari · Central | Central | 1,350 – 2,000 | 4.5 – 5.9 |
| B23Delim: Via delle Croci-Corleo-P.Sturzo-U.Bassi Albanese-Orsini · Central | Central | 1,550 – 2,150 | 4.7 – 6.2 |
| B3Regina Margherita-Re Federico-Finocchiaro Aprile-Marco Polo · Central | Central | 1,000 – 1,450 | 3.5 – 4.9 |
| B4Dossuna-Colonna Rotta-Alberto Amedeo · Central | Central | 880 – 1,250 | 3.1 – 4.1 |
| B7Borgo Vecchio · Central | Central | 1,000 – 1,300 | 2.8 – 4.1 |
| C1Sciuti-Notarbartolo-Villabianca-De Gasperi-Giotto-Nebrodi-Galilei · Semi-central | Semi-central | 1,550 – 1,950 | 6 – 8 |
| C10Rione Danisinni · Semi-central | Semi-central | 750 – 1,050 | 2.6 – 3.4 |
| C11Delimitazione:Pitre-Cappuccini-Pisani-Altofonte-Regione Siciliana · Semi-central | Semi-central | 1,050 – 1,550 | 3.7 – 5 |
| C12Lancia di Brolo-C.Parisio-Noce-Stazione Lolli · Semi-central | Semi-central | 1,150 – 1,400 | 3.6 – 5 |
| C3Imp.Re Federico-Autonomia Siciliana-Cantieri-Acquasanta · Semi-central | Semi-central | 1,250 – 1,550 | 6 – 8 |
| C4E.Basile-Montegrappa-Cliniche-Stazione C.Le-Orto Botanico · Semi-central | Semi-central | 1,000 – 1,350 | 5.5 – 7 |
| C5Perpignano-Siccheria-Cappuccini · Semi-central | Semi-central | 1,050 – 1,500 | 5 – 6.5 |
| C7Zisa-Guerrazzi-Cardinale Tomasi · Semi-central | Semi-central | 900 – 1,250 | 3.1 – 4.3 |
| D1Circonvallazione-V.Nuova-Quartieri-Niscemi-S.Lorenzo-Villa Sofia-V.Sardegna-Belgio-Strasburgo · Outskirts | Outskirts | 1,500 – 1,800 | 5 – 7 |
| D10Di Blasi-Ruggieri-Da Vinci-Angelico-Badia-Michelangelo-Mandala · Outskirts | Outskirts | 1,150 – 1,550 | 3.9 – 5.3 |
| D11Zona di Espansione Tra Via Altofonte e Via Roccella · Outskirts | Outskirts | 960 – 1,400 | 3 – 4.4 |
| D12Bonagia · Outskirts | Outskirts | 940 – 1,350 | 3.1 – 4.4 |
| D13Via Nave- Riserva Reale-Paruta- Due Vanelle-Via Palmerino- Regione Sicilia · Outskirts | Outskirts | 1,300 – 1,600 | 3.7 – 5.2 |
| D14Delimitazione:Di Blasi- R. Siciliana-Pitre- Aereoporto Boccadifalco · Outskirts | Outskirts | 1,000 – 1,450 | 3.4 – 4.5 |
| D3Falsomiele-Oreto-Guadagna-Brancaccio-Fondo Bagnasco · Outskirts | Outskirts | 1,000 – 1,300 | 4 – 5 |
| D4S.Erasmo-Romagnolo-Sperone-Settecannoli · Outskirts | Outskirts | 950 – 1,300 | 4.5 – 5.5 |
| D8Stazione Brancaccio-Torrelunga-Giafar-Conte Federico-Pecoraino · Outskirts | Outskirts | 770 – 1,150 | 2.6 – 3.7 |
| D9Thaon De Revel-Card. Rampolla-Papa Sergio I-Arenella · Outskirts | Outskirts | 1,350 – 1,850 | 3.5 – 5 |
| E1Favorita-Monte Pellegrino-Vergine Maria · Suburban | Suburban | 950 – 1,350 | 3.1 – 4.4 |
| E11Sferracavallo Paese-Baia del Corallo · Suburban | Suburban | 1,000 – 1,450 | 3.5 – 4.6 |
| E14Pallavicino-S.Filippo Neri-F.Do Patti-Trapani Pescia · Suburban | Suburban | 1,300 – 1,700 | 3.3 – 4.9 |
| E15San Lorenzo · Suburban | Suburban | 1,150 – 1,650 | 4 – 5.5 |
| E19Cruillas-Brunelleschi-Trabucco-Cep-Borgo Nuovo-Mango · Suburban | Suburban | 1,100 – 1,400 | 5 – 7 |
| E2Addaura · Suburban | Suburban | 1,200 – 1,650 | 3.9 – 4.9 |
| E20Badia-Angelico-Da Vinci-Ruggieri-Castellana-Michelangelo · Suburban | Suburban | 1,100 – 1,450 | 4 – 5.5 |
| E21Baida-P.Ridente-Boccadifalco · Suburban | Suburban | 950 – 1,400 | 3.5 – 5 |
| E22Villagrazia-Aloi-Chiavelli-Falsomiele-Brasca · Suburban | Suburban | 1,000 – 1,350 | 3.1 – 4.3 |
| E23Ospedale Ingrassia - Molara-Pagliarelli-Riserva Reale-Villa Nave · Suburban | Suburban | 900 – 1,300 | 3.5 – 5 |
| E3R.Margherita-Mondello Valdesi-Tolomea-M.Alliata-Mondello Paese · Suburban | Suburban | 1,650 – 2,250 | 4.1 – 5.6 |
| E4Partanna Mondello-Tommaso Natale · Suburban | Suburban | 1,050 – 1,400 | 3.5 – 4.5 |
| E5Cardillo-Lanza di Scalea-Olimpo · Suburban | Suburban | 1,150 – 1,500 | 3.4 – 4.9 |
| E6Parco dei Principi-Ugo La Malfa-V.Gioe · Suburban | Suburban | 1,000 – 1,450 | 3.1 – 4.5 |
| E9Acqua dei Corsari -Galletti-Figurella · Suburban | Suburban | 880 – 1,250 | 3 – 4 |
| R1Zona Sud Est a Destinazione Agricola · Rural | Rural | 660 – 810 | 2.3 – 2.9 |
| R2Zona Rurale Nord Ovest · Rural | Rural | 700 – 930 | 2.3 – 2.9 |
Auctions in progress in Palermo
The market here
- Registered rents (2025):Italian Revenue Agency – OMI, registered rental contracts.
Contract €/m² a month Homes open-market lease 4+4 5.7 4,639 agreed-rent lease 3+2 (canone concordato) 5.1 4,893 short-term lease (transitorio) 5.3 2,773 agreed short-term lease for students 4.7 821 - 6,845 homes sold in the last 4 quarters (Q3 2025 – Q2 2026), provincial capital, 46% with a mortgage; −4% on a year earlier.Italian Revenue Agency – OMI (provisional data).
- Average declared income in Palermo: €24,846 a year, 357,277 taxpayers.Italian Ministry of Economy and Finance (MEF), tax year 2024.
- Average rate on new home mortgages: 3.6% (2026-09).ECB, average rate on new home mortgages in Italy.
What the OMI range really tells you
The OMI values of the Italian Revenue Agency are ranges for an area, a property type and a period. They do not value a single flat and do not replace a professional appraisal. A fair comparison also needs condition, floor, exposure and documentation.
On the auction pages, the “below the area value” discount shows how far the minimum offer per square metre is below the minimum of the area range. A lower value does not equal an expected gain.
See the Italian Revenue Agency values ↗