Is now a good time to buy a property in Madhya Pradesh?
Official NHB RESIDEX data puts the average carpet-area price in Madhya Pradesh at ₹4,870/sq ft for the quarter ending Jun 2026, up 3.1% from a year earlier. Over five years prices have compounded at +8.1% a year. Annual growth is running 2.8 points below the city's long-run pace of n/a.
Madhya Pradesh price trend & forecast
Cities in Madhya Pradesh ranked by buy-timing score
| City | Avg ₹/sq ft | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Bhopal · Tier 2 | ₹4,703/sq ft | +0.5% | +9.9% | +3.2% | BUY | 65/100 |
| Indore · Tier 2 | ₹5,037/sq ft | +5.8% | +6.2% | +5.8% | BUY | 62/100 |
| Jabalpur · Tier 2 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Gwalior · Tier 2 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Ujjain · Tier 2 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Punasa · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Dewas · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Satna · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Saugor · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Ratlam · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Rewa · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Murwara · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Singrauli · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Burhanpur · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Khandwa · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Morena · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Bhind · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Guna · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Shivpuri · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Chhindwara · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Vidisha · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Chhatarpur · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Mandsaur · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Damoh · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Pithampur · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Narmadapuram · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Khargone · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Sehore · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Nagda · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Betul · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Seoni · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Itarsi · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
| Datia · Tier 3 | state trend | +3.1% | +8.1% | +4.5% | BUY | 63/100 |
Frequently asked questions
Is now a good time to buy a property in Madhya Pradesh?
As of Jun 2026, our buy-timing signal for Madhya Pradesh is BUY — prices are projected to rise about +4.5% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Buy-timing score: 63/100.
What is the average home price in Madhya Pradesh?
The typical (mid-tier) home value in Madhya Pradesh is ₹4,870/sq ft as of Jun 2026, +3.1% year over year.
Which areas in Madhya Pradesh have the best buy-timing right now?
Highest buy-timing scores: Bhopal (65/100, BUY) and Indore (62/100, BUY). Fastest-rising prices: Indore (+5.8%) and Bhopal (+0.5%).
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.