Tel Aviv Property Prices 2026
As of July 2026, the median asking price for a Tel Aviv-Yafo apartment is ₪4,850,000 (about $1,310,811), or ₪54,945 per square metre (about $14,850/sqm), across n = 1,037 tracked active listings. These are asking prices from a current snapshot of tracked listings — what sellers want, not verified sale prices.
What Tel Aviv apartments are listed at, July 2026
Across 1,037 tracked active listings in Tel Aviv-Yafo, the median asking price is ₪4,850,000 — roughly $1,310,811 at an indicative exchange rate of ₪3.7 to the dollar. On a per-area basis that is ₪54,945/sqm (about $14,850/sqm). We report the median rather than the average because a handful of very high listings would otherwise distort a citywide mean. Every figure here is drawn from our tracked-listings pipeline and carries the number of records (n) it is computed from, and the month it reflects.
Tel Aviv property prices by neighborhood
Asking prices vary sharply by area. The table below shows the median asking price and median asking price per square metre for each Tel Aviv-Yafo neighborhood that clears our n ≥ 20 publication gate, July 2026. Price per square metre — not headline ticket price — is the fairer cross-neighborhood comparison, because it strips out apartment size. Dollar conversions are indicative, at ₪3.7/$. $/sqft = (₪/sqm ÷ 3.7) ÷ 10.7639.
| Neighborhood | Median asking (₪) | Median asking ($) | ₪/sqm | ≈ $/sqft | Median rooms | n |
|---|---|---|---|---|---|---|
| Neve Tzedek (נווה צדק) | ₪12,000,000 | $3,243,243 | ₪74,658 | $1,875 | 4 | 89 |
| Kerem HaTeimanim (כרם התימנים) | ₪7,650,000 | $2,067,568 | ₪72,605 | $1,823 | 3 | 98 |
| New North (הצפון החדש) | ₪5,885,000 | $1,590,541 | ₪58,943 | $1,480 | 3.5 | 304 |
| City Center (לב העיר) | ₪4,450,000 | $1,202,703 | ₪57,321 | $1,439 | 3 | 178 |
| Old North (הצפון הישן) | ₪4,447,500 | $1,202,027 | ₪55,000 | $1,381 | 3 | 265 |
| Bavli (בבלי) | ₪5,700,000 | $1,540,541 | ₪54,000 | $1,356 | 4 | 107 |
| American-German Colony / Sarona (המושבה האמריקאית-גרמנית\שרונה) | ₪5,890,000 | $1,591,892 | ₪52,632 | $1,322 | 4 | 51 |
| Florentin (פלורנטין) | ₪3,000,000 | $810,811 | ₪50,568 | $1,270 | 2.5 | 117 |
| Jaffa / Noga (שכונת יפו\נגה) | ₪4,750,000 | $1,283,784 | ₪49,844 | $1,252 | 3 | 22 |
| Ramat Aviv (רמת אביב) | ₪5,500,000 | $1,486,486 | ₪49,148 | $1,234 | 4 | 82 |
| Ramat HaHayal (רמת החייל) | ₪6,200,000 | $1,675,676 | ₪40,000 | $1,004 | 4 | 39 |
| Tel Aviv-Yafo citywide | ₪4,850,000 | $1,310,811 | ₪54,945 | $1,380 | — | 1,037 |
n = tracked active listings per neighborhood, snapshot July 2026. Asking prices, not registered sale prices. Dollar figures indicative at ₪3.7/$.
Most affordable neighborhoods by the cheque you actually write
The table above ranks on ₪ per square metre, which is the right unit for comparing value — but nobody buys a square metre. Ranked instead by the entry ticket (the 25th percentile of total asking prices in that neighborhood — the cheap end of what is actually listed), the order changes, because neighborhoods differ in how large their apartments are. The cheapest entry ticket we publish is Florentin at ₪2,599,998 ($702,702), which typically buys about 46 sqm / 2 rooms (n = 28).
| Neighborhood | Entry ticket (p25) | What it buys | Rank by ₪/sqm | n |
|---|---|---|---|---|
| Florentin | ₪2,599,998 ≈ $702,702 | 46 sqm / 2 rm | 4 of 11 | 109 |
| Jaffa / Noga | ₪3,350,000 ≈ $905,405 | 71 sqm / 3 rm | 3 of 11 | 21 |
| Old North | ₪3,500,000 ≈ $945,946 | 57.5 sqm / 2 rm | 7 of 11 | 257 |
| City Center | ₪3,637,500 ≈ $983,108 | 58 sqm / 2 rm | 8 of 11 | 172 |
| Ramat HaHayal | ₪3,700,000 ≈ $1,000,000 | 87 sqm / 3 rm | 1 of 11 | 23 |
The disagreement between the two rankings is the useful part. Ramat HaHayal is the cheapest neighborhood we publish per square metre, yet its entry ticket ranks only 5 of 11 — its tracked apartments are simply bigger, so the total cheque is high even though the rate is low. Every “cheapest neighborhood in Tel Aviv” listicle that ranks on ₪/sqm alone gets this backwards for a buyer working to a budget. The full 11-neighborhood table, what each entry ticket buys, and the cash needed at closing for a resident, an oleh and a non-resident are on cheapest neighborhoods in Tel Aviv.
Methodology: the entry ticket is the 25th percentile of asking prices among apartment-scale listings in that neighborhood on our merged active basis (July 2026), not the cheapest apartment on the market and not a signed price. “What it buys” is the median size and room count among listings at or below the entry ticket. Neighborhoods below our publication gate are omitted rather than shown as zero.
How asking prices compare with registered sales
Asking prices are what sellers want; the prices actually paid are the registered deals on nadlan.gov.il, the government transaction registry. Our closed sample is 1,100 registered transactions spanning January 2023 to May 2026. Because the asking side is a current snapshot and the closed side is a trailing window of recorded deals, the two are not a like-for-like paired comparison — but the neighborhood-by-neighborhood gap is informative, and we publish it in full on the price per square metre by neighborhood page, including the asking-vs-closed spread. New to how the market is structured? How the Tel Aviv property market works explains why there is no MLS or Zillow, where listings actually live, and how to look up a specific address’s recorded closed price on nadlan.gov.il yourself.
How long do listings stay up?
Price is only half the picture — pace matters too. Across n = 94 tracked listings that were removed from the market, the median time from first publication to detected removal was 33 days (25th–75th percentile: 16–42 days), 2026-07 snapshot. Removal is the closest observable proxy for time-to-sell — it does not by itself confirm a sale. The full breakdown, methodology, and caveats are on the days on market in Tel Aviv page.
The wider market context
Two official national series frame these figures, for interpretation only. The Central Bureau of Statistics dwelling-price index stood at 593.6 as of May 2026 (see the full Israel housing price index trend), and the Bank of Israel reported an average mortgage rate of 6.69% as of February 2026. Higher financing costs weigh on what buyers can pay, which is part of why a gap can open between asking snapshots and recorded sale prices. How these two national signals — the price index and the mortgage rate — bear on the timing question is laid out signal by signal in is now a good time to buy in Tel Aviv? These indices are national published series, cited to frame our Tel Aviv figures — they are not part of our data and are not computed by us.
Frequently asked questions
Is Tel Aviv expensive to buy property in?
Yes — Tel Aviv-Yafo is Israel's most expensive residential market. Across 1,037 tracked active listings (July 2026) the median asking price is ₪4,850,000 (about $1,310,811 at an indicative ₪3.7/$), or ₪54,945 per square metre (about $14,850/sqm). These are asking prices from a current snapshot of tracked listings, not verified sale prices.
What is the average price of an apartment in Tel Aviv?
We publish the median rather than the average, because a few very high listings distort a mean. The median asking price across 1,037 tracked active Tel Aviv-Yafo listings is ₪4,850,000 (about $1,310,811), as of July 2026. That is what sellers are asking; registered sale prices from nadlan.gov.il differ by neighborhood.
What is the price per square metre in Tel Aviv?
The citywide median asking price is ₪54,945/sqm (about $14,850/sqm, or about $1,380/sqft), computed over 987 tracked apartments, July 2026. By neighborhood it ranges from about ₪40,000/sqm (≈ $1,004/sqft) in Ramat HaHayal (n = 23) to about ₪74,658/sqm (≈ $1,875/sqft) in Neve Tzedek (n = 65 apartments). Dollar-per-square-foot figures are indicative at ₪3.7/$ and 10.7639 sqft per sqm.
Which is the most expensive neighborhood in Tel Aviv?
By median asking price per square metre, Neve Tzedek (נווה צדק) tops the tracked neighborhoods at about ₪74,658/sqm (n = 65 tracked apartments, July 2026). Central and seafront neighborhoods cluster near the top of the ₪/sqm table.
Which is the cheapest Tel Aviv neighborhood?
Among the tracked neighborhoods that clear our n ≥ 20 gate, Ramat HaHayal (רמת החייל) has the lowest median asking price per square metre at about ₪40,000/sqm (n = 23 tracked apartments, July 2026). "Cheapest" here means lowest ₪/sqm, not lowest total ticket.
Are these the prices Tel Aviv homes actually sell for?
No. The headline figures are asking prices from a current snapshot of tracked listings — what sellers want. Prices actually paid are the registered deals on nadlan.gov.il; our closed sample is 1,100 transactions (January 2023–May 2026). The gap between the two, per neighborhood, is on our price-per-square-metre page.
Where this fits in the market data
Asking price is one axis of The Tel Aviv Property Report Index. For the full ₪/sqm league table and the asking-vs-closed spread see price per square metre by neighborhood; for how long listings stay up before removal see days on market. To read these prices against local income — how many years of salary the median apartment costs and how buyers close the gap — see is Tel Aviv worth buying?. Exactly how we collect, join, and gate every number is on the methodology page.
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