Market report · November 2026
Kikar HaMedina property pricesTel Aviv-Yafo
Over the last 12 months, the median reported sale price in Kikar HaMedina was ₪65,278 per m² (137 sales), -1.3% year on year. The median apartment sold for ₪5,000,000. Current asking prices have a median of ₪68,901 per m², 6% above recent sales. Part of the gap is new-build projects, which price higher than resales; the rest is useful context when you make an offer. Construction in the last 12 months: 4 building permits, 4 occupancy certificates (Form 4) and 0 new zoning plans.
- Median sold price / m²
- ₪65,278
- Year on year
- -1.3%
- Asking price / m²
- ₪68,901
- Sales analysed (12 months)
- 137
Sold prices by size (last 12 months)
| Rooms | Median price | Per m² | Sales |
|---|---|---|---|
| 2 | ₪3,500,000 | ₪68,670 | 40 |
| 3 | ₪4,550,000 | ₪63,953 | 39 |
| 4 | ₪7,200,000 | ₪64,619 | 27 |
| 5+ | ₪8,461,400 | ₪65,511 | 27 |
Israeli room counts include the living room: a 3-room apartment has 2 bedrooms.
Price per m² over time (by half-year)
Construction and planning (last 12 months)
A Form 4 means a new building is ready to live in; a permit signals new homes arriving in 2–4 years.
Frequently asked questions
What is the price per square metre in Kikar HaMedina in November 2026?
A median of ₪65,278 per m², based on 137 sales reported to the Israel Tax Authority over the last 12 months.
Are prices rising in Kikar HaMedina?
The median price per m² changed by -1.3% compared with the previous 12 months.
Is there room to negotiate?
Asking prices have a median 6% above recent actual sales. The gap depends on the building, the floor and the condition.
48 homes for sale in Kikar HaMedina
Photos, map and an English-speaking agent for buying from abroad.
Other reports in Tel Aviv-Yafo
Buying from abroad
Method: apartment sales reported to the Israel Tax Authority (via "Girsaot La'am", over.org.il), whole units only, last 24 months; a sample, not a full census; reporting lags by about 3 months. Not a valuation. Permits, Form 4 and plans: municipal and Planning Administration open data. Asking prices: homes for sale with agent+. Updated 2026-11-02.