In 2026, the Turkish real estate market continues to demonstrate resilience and sustained investor interest despite global economic volatility and high inflation. According to data from TÜİK, Endeksa, Reuters and international property analysts, structural housing shortages and strong domestic demand continue to support property prices and prevent sharp market corrections.
Key Market Statistics (2025–2026)
The average residential property price in Turkey in 2026 is estimated at 4.9–5.0 million TRY, with an average price per square meter of 39,000–40,000 TRY. Approximately 80 % of transactions occur within the 2.5–12 million TRY price range.
In major cities, prices remain higher. In Istanbul, the average price per square meter exceeded USD 1,250–1,300 in 2025, while Antalya and Izmir recorded averages between USD 900 and 1,100.
Price Growth and Inflation
Residential property prices increased by 28–32 % year-on-year in nominal terms in 2025. After adjusting for inflation, real price growth remained moderate, indicating a stabilization phase following rapid increases in previous years.
Sales Volume and Demand
In 2024, approximately 1.48 million residential properties were sold in Turkey, representing a 20 % annual increase. During the first half of 2025, transactions reached nearly 692,000 units, reflecting a 26–27 % year-on-year growth. Domestic buyers continue to dominate the market, while foreign investors remain active in coastal and metropolitan areas.
Outlook for 2026
Analysts expect improved mortgage accessibility due to potential interest rate cuts, continued urbanization, and limited housing supply to support prices throughout 2026. Istanbul, Antalya, Izmir, Ankara and Bursa are expected to remain the most attractive markets for investment.