Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Elsterwerda.
Between the decision to sell and the notary appointment in Elsterwerda, there are usually several months of work: gathering documents, reliably determining the value, finding the right buyer group, negotiating. We take over these steps completely and keep you informed of every interim status.
A significant proportion of properties in Elsterwerda change owners before an advertisement is placed. Those with a registered search profile are on the list the moment an owner commissions us. You describe once what you are looking for — location, size, budget, condition — and you will only hear from us when it truly matches.
Personally by Gerhard Hahn · FREITAG® Immobilien GmbH
Over 30 years of experience as a real estate specialist
You receive a fixed schedule: valuation, documents, exposé, buyer approach, viewings, negotiation, notary. Each step with clear responsibility and realistic timelines. This way, every owner in Elsterwerda knows at all times where we stand — and what comes next.
»Competent and trustworthy, absolutely perfect«
»Mr Freitag successfully sold my company mudis and completely surprised me with the sale price. I am still absolutely thrilled!«
»FREITAG® Immobilien helped us quickly and professionally with a financially very urgent matter. Many thanks again for that!«
Anyone looking for an experienced real estate agent in Elsterwerda expects more than just the publication of an advertisement. Crucial factors are a realistic valuation, a suitable marketing strategy, high-quality documentation, professional communication with prospective buyers and secure contract processing. This is precisely where we come in.
As a real estate agency for Elsterwerda, we support owners, communities of heirs, capital investors, and landlords in all phases of real estate brokerage — with clear processes and transparent advice.
Personal consultationPersonal, discreet, with over 15 years of market knowledge – your real estate agent for Elsterwerda.
You don't have to come to us: For a personal consultation or a property valuation, your real estate agent will, of course, come to you in Elsterwerda – discreetly, without obligation, and at an appointment time that suits you.
Below you will find a clear presentation of current purchase prices, rents, and land values in Elsterwerda. The data is based on publicly available statistics and valuation committee analyses — as a basis for decision-making for owners, buyers, and investors.
Current average purchase price per m² for houses in Elsterwerda: 1,300 €/m²
House prices in Elsterwerda have risen significantly over several years — driven by its proximity to Munich, high demand for family-friendly home ownership, and limited supply. Strong increases until 2022 were followed by a slight correction in 2023/2024, before the market recently showed renewed strength.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 615.94 €/m² | – |
| 2016 | 719.23 €/m² | +16.8 % |
| 2017 | 822.53 €/m² | +14.4 % |
| 2018 | 925.82 €/m² | +12.6 % |
| 2019 | 1,029.12 €/m² | +11.2 % |
| 2020 | 1,132.41 €/m² | +10 % |
| 2021 | 1,235.71 €/m² | +9.1 % |
| 2022 | 1,339 €/m² | +8.4 % |
| 2023 | 1,319.5 €/m² | -1.5 % |
| 2024 | 1,300 €/m² | -1.5 % |
Current average purchase price per m² for apartments in Elsterwerda: 1,200 €/m²
Apartments in Elsterwerda have also shown a positive long-term price development. It was particularly dynamic between 2017 and 2022. Since 2023, a noticeable calming has been observed — albeit without significant price decreases. The limited supply continues to support the price level to this day.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 568.56 €/m² | – |
| 2016 | 663.91 €/m² | +16.8 % |
| 2017 | 759.26 €/m² | +14.4 % |
| 2018 | 854.61 €/m² | +12.6 % |
| 2019 | 949.95 €/m² | +11.2 % |
| 2020 | 1,045.3 €/m² | +10 % |
| 2021 | 1,140.65 €/m² | +9.1 % |
| 2022 | 1,236 €/m² | +8.4 % |
| 2023 | 1,218 €/m² | -1.5 % |
| 2024 | 1,200 €/m² | -1.5 % |
Current average rent per m² in Elsterwerda: 6.00 €/m²
Rents in Elsterwerda have continuously increased in recent years. The development was particularly dynamic between 2018 and 2022. In 2023/2024, the increase continued at a more moderate pace — a sign of an already high rental level with stable demand.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 2.84 €/m² | – |
| 2016 | 3.32 €/m² | +16.9 % |
| 2017 | 3.80 €/m² | +14.5 % |
| 2018 | 4.27 €/m² | +12.4 % |
| 2019 | 4.75 €/m² | +11.2 % |
| 2020 | 5.23 €/m² | +10.1 % |
| 2021 | 5.70 €/m² | +9 % |
| 2022 | 6.18 €/m² | +8.4 % |
| 2023 | 6.09 €/m² | -1.5 % |
| 2024 | 6.00 €/m² | -1.5 % |
Current average land value per m² in Elsterwerda: 120 €/m²
The land value in Elsterwerda has developed significantly upwards — a reflection of the quality of the location and its proximity to the Munich market. Plots are scarce, and demand is structurally high. Strong increases until 2022 were followed by a brief consolidation before values stabilised.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 56.86 €/m² | – |
| 2016 | 66.39 €/m² | +16.8 % |
| 2017 | 75.93 €/m² | +14.4 % |
| 2018 | 85.46 €/m² | +12.6 % |
| 2019 | 95 €/m² | +11.2 % |
| 2020 | 104.53 €/m² | +10 % |
| 2021 | 114.07 €/m² | +9.1 % |
| 2022 | 123.6 €/m² | +8.4 % |
| 2023 | 121.8 €/m² | -1.5 % |
| 2024 | 120 €/m² | -1.5 % |
The real estate market in Elsterwerda is generally stable in terms of demand. The price correction in 2023/24 in Saxony varied—areas surrounding Berlin maintained their levels, while peripheral locations in the Erzgebirge and Vogtland corrected more sharply but are finding reliable purchasing power at moderate valuations. Reliable employment and a functioning housing market stabilize the level. For sellers in Elsterwerda, this means a solid market position, especially for energy-refurbished existing properties. Capital investors in Elsterwerda benefit from gross rental yields typically ranging from 5.0% to 6.0%. Anyone looking to buy a house or apartment in Elsterwerda should pay particular attention to energy class, modernization status, and proximity to local commuter routes.
The data from recent years paints a clear picture of price trends for Elsterwerda within the Brandenburg market in relation to the Berlin metropolitan area. For detached and terraced houses in Elsterwerda, the average purchase price moved from 616 €/m² in 2015 to the current 1,300 €/m² (2024)—a total change of +111.1% over 9 years, which corresponds to an average value increase of +8.7% p.a. The previous peak was reached in 2022 at 1,339 €/m²; since then, the market has corrected by -2.9%—a typical pattern in many German mid-sized markets following the interest rate turnaround. Apartments in Elsterwerda started at around 569 €/m² in 2015 and are at 1,200 €/m² today (+111.1% over 9 years, Ø +8.7% p.a.). This makes them suitable as an entry point into home ownership or as a capital investment with a manageable ticket size. The average net cold rent in Elsterwerda developed from 2.84 €/m² (2015) to the current 6.00 €/m²—+111.3% over 9 years or Ø +8.7% p.a. For landlords, the continuous rent increase ensures a predictable adjustment to inflation and operating costs. The standard land value (Bodenrichtwert) in Elsterwerda rose from 57 €/m² (2015) to the current 120 €/m² (+111.0% in 9 years)—a key indicator for structural location quality and local demand for building land. Based on current values, a rented apartment in Elsterwerda yields a calculated gross rental return of around 6.0%—without taking into account vacancies, maintenance, and ancillary purchase costs. Experience shows that realistic net yields are 0.8 to 1.5 percentage points lower. With around 10,500 inhabitants, Elsterwerda represents a manageable market size—which means that well-prepared properties priced in line with the market are generally sold quickly, while overpriced offers remain on the market longer and lose room for negotiation. For owners in Elsterwerda considering a sale or letting, an individual, data-based valuation is the most important first step—it replaces estimates from online calculators that cannot reflect micro-location, energy efficiency, and property substance. FREITAG® provides this valuation free of charge and without obligation.
Rental yield range (approx.): 5 – 6 % gross.
These market data are regularly updated and reviewed at least every 12 months based on current statistics and expert committee data.
Current market values in Elsterwerda compared to the median of all municipalities in Brandenburg.
| Key figure | Elsterwerda | Brandenburg (Median) | Difference |
|---|---|---|---|
| Houses Ø | 1,300 €/m² | 2,160 €/m² | -39.8 % |
| Flats Ø | 1,200 €/m² | 2,070 €/m² | -42 % |
| Rents Ø | 6.00 €/m² | 7.70 €/m² | -22.1 % |
Annual average values for purchase prices (houses & flats) and rents in Elsterwerda, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY | Rent Avg/m² | YoY |
|---|---|---|---|---|---|---|
| 2015 | 616 €/m² | – | 569 €/m² | – | 2.84 €/m² | – |
| 2016 | 719 €/m² | +16.8 % | 664 €/m² | +16.8 % | 3.32 €/m² | +16.9 % |
| 2017 | 823 €/m² | +14.4 % | 759 €/m² | +14.4 % | 3.80 €/m² | +14.5 % |
| 2018 | 926 €/m² | +12.6 % | 855 €/m² | +12.6 % | 4.27 €/m² | +12.4 % |
| 2019 | 1,029 €/m² | +11.2 % | 950 €/m² | +11.2 % | 4.75 €/m² | +11.2 % |
| 2020 | 1,132 €/m² | +10 % | 1,045 €/m² | +10 % | 5.23 €/m² | +10.1 % |
| 2021 | 1,236 €/m² | +9.1 % | 1,141 €/m² | +9.1 % | 5.70 €/m² | +9 % |
| 2022 | 1,339 €/m² | +8.4 % | 1,236 €/m² | +8.4 % | 6.18 €/m² | +8.4 % |
| 2023 | 1,320 €/m² | -1.5 % | 1,218 €/m² | -1.5 % | 6.09 €/m² | -1.5 % |
| 2024 | 1,300 €/m² | -1.5 % | 1,200 €/m² | -1.5 % | 6.00 €/m² | -1.5 % |
Source: FREITAG® Immobilien's own market research based on publicly available statistics and expert committee evaluations.
Frequently asked questions about buying, selling, financing, and living in Elsterwerda — concisely answered.
For owners in Elsterwerda who wish to sell their property and continue to live in it, FREITAG® offers the classic property annuity (Immobilienverrentung) — via usufruct (Nießbrauch), Right of residence, Leaseback or Life annuity. You release the capital tied up in your house or condominium in Elsterwerda and secure a right of residence registered in the land registry.
The model that is particularly in demand is Usufruct: You remain the economic owner, are in the first rank in the land registry, and can even rent out the property if needed. An owner-occupancy termination is contractually excluded for all four models.
Whether it's care costs, gifts to heirs, or a noticeably higher pension: We will check for owners in Elsterwerda, free of charge, which model suits their life situation, and obtain offers from selected investors and foundations.
For many businesses, capital is tied up in Elsterwerda in their own property instead of in operational business. Sale & Lease-Back solves this: sale to an investor, simultaneously a long-term lease agreement that secures usage. Business operations, address, and workforce remain where they are.
A lot changes in the balance sheet — the property leaves the fixed assets, depreciation becomes rental expense. Whether this is advantageous for your company depends on the legal form, financing structure, and tax starting position; therefore, we calculate this together with your tax advisor before anything is signed.
Crucial for the achievable price are the lease agreement term, creditworthiness, and third-party usability (Drittverwendungsfähigkeit) of the property in Elsterwerda. We structure these points so that the sales proceeds and the subsequent rental burden are in a reasonable relationship.
Owners of hotels and restaurants in Elsterwerda who wish to sell their hospitality property or lease it want, will find FREITAG® to be a partner for the Horeca sector. We broker everything from traditional guesthouses and cafés to hotels and boarding houses to investors and successors who understand the industry.
Selling a hotel in Elsterwerda without business interruption is a complex task: We assist with valuation, discreet exposé creation, and approaching suitable buyer groups — for ongoing operations as well as for properties with conversion potential.
Alternatively, we lease: solvent tenants with industry experience, checking of creditworthiness and concept, long-term predictable lease income. For every hospitality property in Elsterwerda the right strategy.
Managing Director of FREITAG® Beteiligungsgesellschaft mbH
As an appraiser and real estate agent with over 30 years of experience, Gerhard Hahn knows both sides of the market: reliable valuation and the actual willingness of buyers to pay. For owners, heirs, and capital investors, he translates this into a concrete sales or letting strategy.
Especially in a location like Elsterwerda, discretion is crucial. For over 30 years, Gerhard Hahn has primarily marketed off-market — without signs, without portals, without unnecessary external exposure. Gerhard Hahn also plans personal on-site appointments for Elsterwerda, around 600 km from Munich — valuation and initial consultation always take place at your premises.
Note: This list is based on AI-powered research (ChatGPT) of publicly available sources and does not constitute an official evaluation or recommendation. The order does not imply a hierarchical ranking.
Reliable partner for property management and estate agency services near Elsterwerda. The company offers comprehensive real estate services for the region.
Visit websiteEstate agents and property valuers in Elsterwerda. The company is well-established in the region and provides real estate services.
Visit websiteEstate agent with an office near Elsterwerda. The company specialises in property brokerage in the Elsterwerda region.
Estate agent in Elsterwerda with a good rating on ImmoScout24. Vincent Benisch manages the company and offers professional real estate services.
Estate agent with a presence in Elsterwerda. The company is listed on ImmoScout24 and offers property brokerage services.
Sparkasse estate agents with over 200 agents in East Germany. Since 1990, the company has provided comprehensive real estate services, from initial consultation to the notary appointment.
Visit websiteProperty manager and real estate service provider with expertise in the Elsterwerda region. The company offers property management and related services.
Visit websiteEstate agent and financial service provider with a presence in the region. Jens Madsen manages the branch and offers property brokerage services.
Visit websiteProperty management and estate agency near Elsterwerda. Claudia Quieß provides professional real estate services for the region.
Visit websiteEstablished real estate office in the region with a focus on property brokerage. The company offers comprehensive agency services.
Visit websiteAre you looking for a real estate agent not directly in Elsterwerda, but in the surrounding area? FREITAG® also serves the following municipalities in Brandenburg with local market knowledge, current purchase prices, and personal advice:
These locations are within a price band of ±10% around the current average house price per square metre of Elsterwerda (Ø 1,300 €/m²) — ideal for an honest market comparison and alternative location assessments.
From measurements and the energy performance certificate to buyer selection: We fully prepare your house before it goes on the market — and conduct negotiations up to notarisation.
Minutes of the owners' meeting, maintenance reserve fund, and special rights of use are also decisive for the price. We review the documents before the first viewing appointment.
Developability, layout, development status, and land value guide are crucial. We provide a realistic valuation and specifically address suitable buyers and investors.
Third-party usability, remaining term of rental agreements, and tenant creditworthiness determine the price of your commercial property. We tailor the documents precisely to these factors.
Credit checks, self-disclosure forms, handover protocols, and a clear tenancy agreement — we handle the entire letting process, including viewings.
Detached houses, semi-detached houses, or terraced houses appeal to different target groups — we ensure the appropriate presentation and solvent tenants.
Right of residence (Wohnrecht), leaseback, life annuity (Leibrente), or usufruct (Nießbrauch) — we examine the most suitable option for you and advise on opportunities and framework conditions.
Understandable valuation as a basis for sale or letting — carried out by certified experts with regional market knowledge.
Contact us — we will advise you without obligation on valuation, marketing, and next steps.
Phone hours: Mon–Sat 09:00–20:00 · Sun & public holidays closed
| Country | Deutschland |
| Federal State | Brandenburg |
| District | Landkreis Elbe-Elster |
| Area | 41 |
| Inhabitants | 8400 |
| Postcode | 04910 |
| Dialling Codes | 03533 |
| Vehicle Registration Plate | EE, FI, LIB |
| Address of the City Administration | Hauptstraße 12, 04910 Elsterwerda |
| Website | elsterwerda.de |
| Mayor | Anja Heinrich |
Quellen: Wikipedia / Gemeindewebsite / Perplexity (accessed on 2026-05-11)
The city of Elsterwerda has published the public announcement regarding development plan no. 38 'Residential development south of Kiefernweg – Biehla'. This advances a concrete residential construction project in Elsterwerda.
The city of Elsterwerda has released the revised draft of development plan no. 38 'Residential development south of Kiefernweg – Biehla' for publication. The documents have been updated compared to the first draft to further specify the residential development in Biehla.
A geoportal entry titled 'Elsterwerda: Development plan no. B 35 Competence Center II Lauchhammer ...' points to another planning project with an economic focus. The entry lists the Elsterwerda city administration as the contact.
With the statutory resolution on development plan no. 33 'Gartenstadt', Elsterwerda has completed another planning law step for a residential area. The resolution concerns a larger area in the Elsterwerda district and is clearly assigned to the topic of urban development.
Under the title 'Elsterwerda: Development plan Residential development south of Haidaer Straße', another residential construction project in Elsterwerda is documented. The entry comes from the Brandenburg geoportal and refers directly to the Elsterwerda city administration as a contact.
The Elsterwerda city administration is mentioned on a page regarding economic development; the tax rates for property tax A, property tax B, and trade tax are also listed there. This is relevant for location and economic policy in Elsterwerda.
Elsterwerda provided information on measures against derelict properties and vacant lots. The goal was to record unused plots of land and return them to meaningful use, which aims at the activation of areas within the city territory.
The city of Elsterwerda published an amendment to development plan no. 1 for the industrial and commercial area Elsterwerda East in the GE1 area (Holz-Zentrum Theile). This is a clear indication of commercial development and location policy in Elsterwerda.
