Introduction to Querétaro’s Housing Market
Querétaro, Mexico – Between January and September 2025, housing prices in Querétaro have increased by 7.3% compared to the same period last year, according to the Federal Housing Society (SHF).
Quarterly Growth Trends
The housing market in Querétaro has shown consistent growth quarter by quarter in 2025. In the first quarter, annual growth was recorded at 6.7%, followed by a 7.6% increase in the second quarter and a 7.7% rise in the third quarter, as per the SHF’s Housing Price Index.
Regional Variations in Housing Prices
The appreciation in housing values within the Metropolitan Area of Querétaro (+7.3%) is linked to the rise in house values situated in expansion or rural zones.
Querétaro’s Performance Relative to National Averages
Despite the annual growth reported in the first nine months of 2025, Querétaro ranked among the 11 entities with growth below the national average of 8.6%. Querétaro’s annual variation was the seventh lowest among the 32 federal entities.
Historical Context and Comparison
Although the SHF index for Querétaro has shown progress each quarter, the increases remain more moderate than those in 2024. The annual variation of 8.3% is lower than the 9.6% increase reported in the same period the previous year.
Key Questions and Answers
- What is the overall housing price trend in Querétaro for 2025? Housing prices have increased by 7.3% in Querétaro between January and September 2025, compared to the same period in the previous year.
- How does Querétaro’s housing growth compare to the national average? Querétaro’s annual housing price growth of 7.3% is below the national average of 8.6%, placing it among the entities with slower growth.
- What factors contribute to the rise in housing prices within Querétaro? The appreciation is primarily due to increased values of houses located in expansion or rural zones within the Metropolitan Area.
- How does Querétaro’s housing market performance compare to 2024? While Querétaro’s housing market has shown growth, the annual variation of 8.3% in 2025 is lower than the 9.6% increase reported in the same period of 2024.
