Is now a good time to buy a property in Kerala?
Official NHB RESIDEX data puts the average carpet-area price in Kerala at ₹8,687/sq ft for the quarter ending Jun 2026, up 14.7% from a year earlier. Over five years prices have compounded at +3.5% a year. Annual growth is running 12.4 points above the city's long-run pace of n/a.
Kerala price trend & forecast
Cities in Kerala ranked by buy-timing score
| City | Avg ₹/sq ft | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Thiruvananthapuram · Tier 2 | ₹8,183/sq ft | +7.2% | +5.0% | +5.6% | BUY | 56/100 |
| Kochi · Tier 2 | ₹9,191/sq ft | +22.1% | +2.0% | +11.3% | HOT | 40/100 |
| Kozhikode · Tier 2 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Kollam · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Thrissur · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Alappuzha · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Palakkad · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Kanhangad · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Ponnani · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
| Malappuram · Tier 3 | state trend | +14.7% | +3.5% | +8.4% | BUY | 48/100 |
Frequently asked questions
Is now a good time to buy a property in Kerala?
As of Jun 2026, our buy-timing signal for Kerala is BUY — prices are projected to rise about +8.4% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Buy-timing score: 48/100.
What is the average home price in Kerala?
The typical (mid-tier) home value in Kerala is ₹8,687/sq ft as of Jun 2026, +14.7% year over year.
Which areas in Kerala have the best buy-timing right now?
Highest buy-timing scores: Thiruvananthapuram (56/100, BUY) and Kochi (40/100, HOT). Fastest-rising prices: Kochi (+22.1%) and Thiruvananthapuram (+7.2%).
Other regions
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.