House Market in Montevideo — July 2026

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The house market in Montevideo

Houses in Montevideo represent a distinct segment of the real estate market. Unlike apartments, which dominate the city, houses offer privacy, outdoor space, and greater control over the property — factors increasingly valued by families and buyers looking to escape urban densification.

In July 2026, the house market in Montevideo continues to show its own characteristics: prices that vary significantly by location, surfaces averaging between 150 and 250 m² in central neighborhoods, and a supply distribution that reflects the traditional preferences of established residential areas.

Houses tend to be more expensive per square meter than apartments in most neighborhoods — a phenomenon driven by the relative scarcity of available land, the costs of horizontal construction, and the higher intrinsic land value in Montevideo. However, the price-to-utility ratio can be favorable for those who prioritize space and autonomy over density and concentrated amenities.

House prices by neighborhood

Neighborhood	USD/m² Houses	Range p25–p75	Median Total Price	Median Surface Area	Supply

No data available in this update. The house price survey across all Montevideo neighborhoods is in the process of consolidation.

Houses vs Apartments: the comparison

No comparative data for houses vs apartments is available.

This limitation reflects a common challenge in heterogeneous real estate markets: house and apartment data are rarely published in parallel with the same level of granularity. However, based on observations of the Montevideo market, houses are typically valued between 10% and 40% more per square meter than apartments in the same area, depending on factors such as age, condition, lot size, and proximity to amenities.

For a detailed analysis of prices by property type, we recommend consulting our Neighborhood price ranking, where we include both categories with the maximum available breakdown.

Where is the highest supply of houses?

No house inventory data available.

However, based on the historical behavior of the market, the supply of houses in Montevideo has traditionally been concentrated in established neighborhoods such as Carrasco, Malvín, Punta Carretas, Pocitos, and the eastern area in general. In the central-western area, neighborhoods like Cordón, Tres Cruces, and Parque Batlle have a smaller but growing presence of houses, mainly due to urban renewal processes and lot subdivision.

The supply of houses is always more limited than that of apartments — this is a structural characteristic of the market. This means that those looking to buy a house have fewer options, but also that properties tend to move faster when they meet the demanded characteristics.

Trends

The house market in Montevideo maintains a more stable dynamic than the apartment market. Houses are not subject to the same volatility generated by the massive supply of new residential projects, which is very common in multi-unit buildings.

In 2026, a growing preference is observed for houses that combine accessible location (proximity to shops, transportation) with useful space — a profile historically dominated by middle-aged buyers or growing families. However, interest is also growing in more compact houses in urban renewal areas, among younger buyers who value a unique property over a premium location.

House prices have shown inflationary pressures consistent with the real estate sector in general, though with variation by neighborhood. Areas of sustained demand such as Carrasco and Malvín maintain firm valuations, while transitional neighborhoods offer relative value opportunities.

For broader context on market behavior, consult our analysis of the State of the real estate market in Montevideo.

Conclusion

Buying a house in Montevideo in July 2026 makes sense if:

• You are looking for space, privacy, and autonomy over the property — elements that apartments do not guarantee to the same extent.
• You have a long-term horizon (5+ years) — houses are less liquid than apartments, so patience is rewarded.
• You prioritize established residential neighborhoods in the eastern area — where supply, though limited, is more stable.
• You can absorb maintenance and renovation costs — houses require greater investment than multi-family buildings.

It does not make sense if you need quick liquidity, prefer not to deal with major maintenance, or are looking for short-term returns — in those cases, apartments remain more efficient.

The house market is one of patience and specificity. You are not competing against hundreds of identical options, but rather finding exactly what you actually need — and that has value.

Frequently asked questions

How often is this data updated?

It is recalculated every month based on the current real estate supply in Montevideo, so it reflects the state of the market for the current month.

Where do these prices come from?

From INGAR's own survey of public sale listings in the Montevideo market, not from closed transactions: these are listing prices, a gauge of what is being asked for today in the market.

Want to invest with data and not intuition? See how to invest in Uruguay, appraise a property online, or message us on WhatsApp.

This data is part of the INGAR Index, the monthly Montevideo real estate market index, with a data sheet for each neighborhood and a public methodology.

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

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