PRICE PER SQFT FARO
| Average home price per sqft | Oct 2023 | 3 months | 1 year |
|---|---|---|---|
| House | USD 341 | +0.2% | +2.9% |
| House (3 bedrooms) | USD 334 | -0.9% | +2.1% |
| House (4 bedrooms) | USD 348 | +1.4% | -0.2% |
| House (5 bedrooms) | USD 376 | +0.7% | -3.8% |
| House (6+ bedrooms) | USD 422 | +10.9% | +17.8% |
| Apartment | USD 382 | +0.3% | +7.8% |
| Apartment (1 bedroom) | USD 390 | +3.1% | +6.4% |
| Apartment (2 bedrooms) | USD 405 | -0.1% | +7.4% |
| Apartment (3 bedrooms) | USD 354 | -1.7% | +2.2% |
| Apartment (4 bedrooms) | USD 319 | +0.5% | +4.2% |
| Apartment (5+ bedrooms) | - | - | - |
| Land | USD 21 | -12.8% | -5.9% |
FARO MARKET OVERVIEW
HOME PRICE TRENDS IN FARO
AVERAGE HOME VALUES IN FARO
SUPPLY BY PROPERTY TYPES IN FARO
FARO REAL ESTATE LISTINGS
FOR SALE
USD 380,637
3 bed(s) , 2 bath(s) , 1483 sqft
Edificio Supreme - Apartamento de 3 Dormitorios en Olhão 
FOR SALE
USD 328,495
2 bed(s) , 2 bath(s) , 1176 sqft
Edificios Supremos - Piso de 2 habitaciones en Olhão FARO HOME PRICES SUMMARY
In October 2023, the average home price per sqft in Faro is between USD 343 and USD 391. The average home price per sqft, based on all types of homes, has gone up by 6.2% over the past year. The average price of apartments is USD 382 per sqft while the average price of houses is estimated at USD 341 per sqft. The average price is calculated from listings data in Faro on a monthly basis. The average price per sqft reflects real estate offer but is not necessarily the sales price of homes. It gives you an idea of listing prices of homes for sale. For a more accurate assessment of your real estate click « Estimate my home »
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City | Avg price per sqft house | Avg price per sqft apartment | Avg rent price per sqft house | Avg rent price per sqft apartment |
|---|---|---|---|---|
| Albufeira | USD 390 | USD 378 | - | - |
| Portimão | USD 300 | USD 328 | - | - |
| Olhão | USD 309 | USD 315 | - | - |
| Albufeira | USD 419 | USD 388 | - | - |
| Quarteira | USD 506 | USD 479 | - | - |
| Faro | USD 365 | USD 376 | - | - |
| Lagoa | USD 406 | USD 405 | - | - |
| Olhão | USD 311 | USD 349 | - | - |
| Luz | USD 517 | USD 453 | - | - |
| São Brás de Alportel | USD 277 | USD 241 | - | - |
| Monte Gordo | - | USD 344 | - | - |
| São Brás de Alportel | USD 266 | USD 231 | - | - |
| Moncarapacho | USD 359 | - | - | - |
| Boliqueime | USD 360 | - | - | - |
| Luz | USD 283 | - | - | - |
| Cabanas de Tavira | USD 331 | USD 407 | - | - |
| Castro Marim | USD 329 | - | - | - |
| Altura | USD 393 | - | - | - |
| Fuseta | USD 324 | - | - | - |