Single-Family Home Market in Montevideo — June 2026

The single-family home market in Montevideo

The single-family home market in Montevideo maintains its selective and differentiated character compared to apartments. Unlike buildings, which concentrate the majority of residential supply, single-family homes represent a more limited segment but with distinctive characteristics: greater surface area, private land, and lower building density.

During June 2026, the supply of homes for sale is distributed heterogeneously depending on the city zone. Buyers are fundamentally seeking space, privacy, and expansion potential, which explains why the price per square meter of homes varies considerably based on location and land conditions. While apartments move with relative speed in central zones, homes require buyers with more specific needs and, generally, operations with significantly greater economic value.

The typical surface area of a home on offer in Montevideo varies by neighborhood, but generally exceeds 100 m² built. This factor is determinant: we are not only talking about unit price, but about total investment significantly greater than apartments in a similar zone.

Home prices by neighborhood

Neighborhood	USD/m² Homes	Range p25–p75	Median Total Price	Median Surface Area	Stock
Carrasco	3.850	2.950–4.700	USD 580.000	150 m²	28
Punta Gorda	3.200	2.500–3.900	USD 420.000	140 m²	22
Malvín	2.800	2.100–3.500	USD 350.000	130 m²	18
Pocitos	3.100	2.400–3.800	USD 410.000	135 m²	25
La Blanqueada	2.400	1.800–2.900	USD 310.000	135 m²	20
Parque Rodó	2.900	2.200–3.600	USD 380.000	140 m²	16
Brazo Oriental	1.950	1.500–2.400	USD 260.000	140 m²	32
Surroundings (Canelones)	1.450	1.100–1.800	USD 190.000	145 m²	45

The table reflects a clear stratification of the home market. Carrasco leads with USD 3.850/m², establishing itself as the most premium zone for owners who prioritize high-demand coastal location. With 28 listings on offer and a median price of USD 580.000, Carrasco attracts both local buyers and international investors.

Punta Gorda (USD 3.200/m²) and Pocitos (USD 3.100/m²) maintain intermediate-high positions, also with good available supply (22 and 25 properties respectively). They are options for those seeking a coastal zone with somewhat more accessibility than Carrasco.

Malvín and Parque Rodó hover around USD 2.800–2.900/m², attracting buyers who value proximity to services, education, and green space without the maximum premium of the coast.

At the other end, La Blanqueada (USD 2.400/m²) and Brazo Oriental (USD 1.950/m²) offer more accessible homes, with significant stock (20 and 32 listings). These are zones where the surface area to price ratio is more favorable.

The Surroundings (Canelones) represent the most economical option with USD 1.450/m² and the largest available supply: 45 homes for sale. For those willing to work from home or not dependent on the downtown area, it is the most competitive option in absolute price.

Homes vs Apartments: the comparison

No comparative data between homes and apartments is available.

However, it is useful to consider that in general terms, the home market is fed by different demand. While apartments concentrate passive investment buyers (rentals), users working in the central zone and young couples starting out; homes attract families with children, professionals with permanent home office and buyers who value equity (land + building) over monthly rent.

Where do homes sell faster?

No DOM data for homes available.

We do not have information on days on market (DOM) specific to homes in June 2026. This is data that INGAR continuously monitors and varies by seasonality, location, and property type. What you can expect: in premium zones (Carrasco, Punta Gorda) well-located homes typically sell within weeks if the price is competitive; in more peripheral neighborhoods, the process can take months.

Trends

The single-family home market in Montevideo during 2026 follows a pattern of zone differentiation. Prices in Carrasco and coastal areas remain resilient, with sustained demand from end users and some foreign investment. Intermediate neighborhoods (Malvín, Parque Rodó, La Blanqueada) register stability, without strong upward pressures but also no corrections.

The most interesting occurs in the periphery and Surroundings: supply grows (45 listings in Canelones is considerable volume) and prices remain contained. This reflects a customer search for better surface area to investment ratio, especially in the context of still-elevated international credit rates.

Homes do not experience the volatility of pure investment apartments. Their cycle is slower, their buyer more committed to the long term.

Conclusion

Buying a home in Montevideo today makes sense for:

• Families planning to stay 10+ years: The home is equity, not speculation. Prices are solid and financing cost is relevant.
• Professionals with home office: They need real space, not 80 m² of apartment. Options in Malvín, Parque Rodó or La Blanqueada offer value.
• Investors seeking low risk: A home with land in Montevideo is a defended asset, less volatile than tourist apartments.
• Buyers with limited budget but preference for volume: The Surroundings (Canelones) deliver 145 m² for USD 190.000. It's not Carrasco, but it's solid math.

It does not make sense today to buy a home in Montevideo if you are seeking accelerated monthly returns or if you plan to move within less than 5 years. For that, apartments in tourist rental neighborhoods are superior.

If you are interested in learning more about how the rest of the market performs, consult our Price ranking by neighborhood and the Real estate market status.

Updated: June 2026. Source: INGAR analysis based on current real estate supply in Montevideo.