FREITAG® Immobilien

Real Estate Agent
for Herzberg (Elster)

Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Herzberg (Elster).

Average Rental Yield in Herzberg (Elster): 6.00 %Calculated as the average over the last 10 years based on publicly available market statistics and the evaluations of the Expert Committee (Gutachterausschuss) for Herzberg (Elster).
⌀ Value growth in Herzberg (Elster): +8.83 %Calculated as the average of the last 10 years based on publicly available market statistics and the evaluations of the Expert Committee (Gutachterausschuss) for Herzberg (Elster).
Your local partner

FREITAG® Immobilien in Herzberg (Elster) — for a successful sale of your property

Selling a property is a far-reaching decision. As experienced real estate agents, we support owners in Herzberg (Elster) with a clear structure, sound market knowledge, and a marketing strategy tailored to the specific property. Whether it's a house sale, apartment sale, land sale, or letting — we stand for clean processes and targeted mediation of your property.

Over 15 years of experience in the Munich surrounding area
Sound valuation by certified appraisers
Structured marketing instead of a standard listing
Internal bidding process upon request
Personal support up to the notary appointment
Clear communication and transparent processes

Prospective buyers for Herzberg (Elster): Register your search profile instead of searching portals

Instead of searching portals daily, we reverse the process: you register your profile for Herzberg (Elster), we automatically match every new listing with it, and we actively contact you. No fees for searchers, no automated mass emails, no sharing of your data with third parties.

We will personally drive to you in Herzberg (Elster)

Gerhard Hahn — personal consultation promise for Herzberg (Elster)
Consultation Promise · Herzberg (Elster)

Three Promises for Property Owners in Herzberg (Elster)

Personally by Gerhard Hahn · FREITAG® Immobilien GmbH

Over 30 years of experience as a real estate specialist

Firstly: an honest valuation of your property in Herzberg (Elster) — based on actual comparable sales, not on aspirational prices. Secondly: a clear, written marketing concept before you sign. Thirdly: personal availability of Gerhard Hahn himself — not of changing assistants.

Client Testimonials

What our clients say

»Competent and trustworthy, absolutely perfect«
Beate Utke
Apartment sale in Munich
»Mr Freitag successfully sold my company mudis and completely surprised me with the sale price. I am still absolutely thrilled!«
Alexandra Kagerbauer
Company sale
»FREITAG® Immobilien helped us quickly and professionally with a financially very urgent matter. Many thanks again for that!«
Rudolf Renner GmbH
Commercial property
Real estate agent Herzberg (Elster)
Michael Freitag
Founder of FREITAG® Immobilien GmbH
Over 15 years of experience in Bavaria & surrounding areas
Your local agent

Real estate agent in Herzberg (Elster) with over 15 years of experience

Anyone looking for an experienced real estate agent in Herzberg (Elster) 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 Herzberg (Elster), we support owners, communities of heirs, capital investors, and landlords in all phases of real estate brokerage — with clear processes and transparent advice.

Personal consultation
Insight

Our headquarters in Munich

Personal, discreet, with over 15 years of market knowledge – your real estate agent for Herzberg (Elster).

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 Herzberg (Elster) – discreetly, without obligation, and at an appointment time that suits you.

Market data

Real estate market in Herzberg (Elster) 2026

Market data as of: May 2026

Below you will find a clear presentation of current purchase prices, rents, and land values in Herzberg (Elster). The data is based on publicly available statistics and valuation committee analyses — as a basis for decision-making for owners, buyers, and investors.

Brief overview: Herzberg (Elster) is a municipality in the Elbe-Elster district in Brandenburg with around 9,500 inhabitants. The real estate market in Herzberg (Elster) benefits from stable local demand and a moderate price level. Single-family homes, semi-detached houses, and well-laid-out apartments with modern energy efficiency are particularly in demand. Those looking to buy a house or apartment in Herzberg (Elster) benefit from an affordable entry level combined with solid rental potential. Capital investors will find attractive rental yields and manageable market risks in Herzberg (Elster).
Houses Ø/m²
1,300 €
Apartments Ø/m²
1,200 €
Rent avg/m²
6.00 €/m²
Standard land value Ø/m²
120 €

House purchase price development

Current average purchase price per m² for houses in Herzberg (Elster): 1,300 €/m²

House prices in Herzberg (Elster) 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.

YearAvg. valueChange
2015615.94 €/m²–
2016719.23 €/m²+16.8 %
2017822.53 €/m²+14.4 %
2018925.82 €/m²+12.6 %
20191,029.12 €/m²+11.2 %
20201,132.41 €/m²+10 %
20211,235.71 €/m²+9.1 %
20221,339 €/m²+8.4 %
20231,319.5 €/m²-1.5 %
20241,300 €/m²-1.5 %

Apartment purchase price development

Current average purchase price per m² for apartments in Herzberg (Elster): 1,200 €/m²

Apartments in Herzberg (Elster) 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.

YearAvg. valueChange
2015568.56 €/m²–
2016663.91 €/m²+16.8 %
2017759.26 €/m²+14.4 %
2018854.61 €/m²+12.6 %
2019949.95 €/m²+11.2 %
20201,045.3 €/m²+10 %
20211,140.65 €/m²+9.1 %
20221,236 €/m²+8.4 %
20231,218 €/m²-1.5 %
20241,200 €/m²-1.5 %

Apartment rental price development

Current average rent per m² in Herzberg (Elster): 6.00 €/m²

Rents in Herzberg (Elster) 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.

YearAvg. valueChange
20152.84 €/m²–
20163.32 €/m²+16.9 %
20173.80 €/m²+14.5 %
20184.27 €/m²+12.4 %
20194.75 €/m²+11.2 %
20205.23 €/m²+10.1 %
20215.70 €/m²+9 %
20226.18 €/m²+8.4 %
20236.09 €/m²-1.5 %
20246.00 €/m²-1.5 %

Land values & Plot prices

Current average land value per m² in Herzberg (Elster): 120 €/m²

The land value in Herzberg (Elster) 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.

YearAvg. valueChange
201556.86 €/m²–
201666.39 €/m²+16.8 %
201775.93 €/m²+14.4 %
201885.46 €/m²+12.6 %
201995 €/m²+11.2 %
2020104.53 €/m²+10 %
2021114.07 €/m²+9.1 %
2022123.6 €/m²+8.4 %
2023121.8 €/m²-1.5 %
2024120 €/m²-1.5 %

Market analysis & Classification

The real estate market in Herzberg (Elster) is generally stable in terms of demand. The 2023/24 price correction in Saxony varied—areas surrounding Berlin are defending their price levels, while peripheral locations in the Erzgebirge and Vogtland are correcting more sharply but are finding reliable purchasing power at moderate valuations. Reliable employment and a functioning housing market are stabilizing the level. For sellers in Herzberg (Elster), this means a solid market position, especially for energy-refurbished existing properties. Capital investors in Herzberg (Elster) benefit from gross rental yields typically ranging from 5.0 % to 6.0 %. Anyone looking to buy a house or apartment in Herzberg (Elster) should pay particular attention to the energy class, state of modernization, and proximity to local commuter routes.

Data analysis: Price development & yield

Anyone wishing to soundly assess the market in Herzberg (Elster) within the Brandenburg market in relation to the Berlin metropolitan area should take a look at the multi-year price development. For single-family and terraced houses in Herzberg (Elster), 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. Condominiums in Herzberg (Elster) started at around 569 €/m² in 2015 and are currently at 1,200 €/m² (+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 Herzberg (Elster) 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 Herzberg (Elster) rose from 57 €/m² (2015) to the current 120 €/m² (+111.0 % in 9 years)—a key indicator of the structural location quality and local demand for building land. Based on current values, a rented apartment in Herzberg (Elster) 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 returns are 0.8 to 1.5 percentage points lower. With around 9,500 inhabitants, Herzberg (Elster) forms a comparatively tight market segment—which means that well-prepared properties priced in line with the market are usually sold quickly, while overpriced offers remain on the market longer and lose room for negotiation. For owners in Herzberg (Elster) 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.

Herzberg (Elster) compared to Brandenburg

Current market values in Herzberg (Elster) compared to the median of all municipalities in Brandenburg.

Key figureHerzberg (Elster)Brandenburg (Median)Difference
Houses Ø1,300 €/m²2,160 €/m²-39.8 %
Flats Ø1,200 €/m²2,070 €/m²-42 %
Rents Ø6.00 €/m²7.70 €/m²-22.1 %

Price development in Herzberg (Elster) — last 10 years

Annual average values for purchase prices (houses & flats) and rents in Herzberg (Elster), each including the change compared to the previous year.

YearHouses Avg/m²YoYFlats Avg/m²YoYRent Avg/m²YoY
2015616 €/m²–569 €/m²–2.84 €/m²–
2016719 €/m²+16.8 %664 €/m²+16.8 %3.32 €/m²+16.9 %
2017823 €/m²+14.4 %759 €/m²+14.4 %3.80 €/m²+14.5 %
2018926 €/m²+12.6 %855 €/m²+12.6 %4.27 €/m²+12.4 %
20191,029 €/m²+11.2 %950 €/m²+11.2 %4.75 €/m²+11.2 %
20201,132 €/m²+10 %1,045 €/m²+10 %5.23 €/m²+10.1 %
20211,236 €/m²+9.1 %1,141 €/m²+9.1 %5.70 €/m²+9 %
20221,339 €/m²+8.4 %1,236 €/m²+8.4 %6.18 €/m²+8.4 %
20231,320 €/m²-1.5 %1,218 €/m²-1.5 %6.09 €/m²-1.5 %
20241,300 €/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.

FAQ about real estate in Herzberg (Elster)

Frequently asked questions about buying, selling, financing, and living in Herzberg (Elster) — concisely answered.

🧭 Local Prices & Market in Herzberg (Elster)

🏡 Buying real estate in Herzberg (Elster)

💰 Financing & Costs in Herzberg (Elster)

📈 Property sales in Herzberg (Elster)

📍 Location & Life in Herzberg (Elster)

Property Annuity (Immobilienverrentung) & Usufruct in Herzberg (Elster)
Sell your property in Herzberg (Elster) and continue to live in it.

For owners in Herzberg (Elster) 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 Herzberg (Elster) 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 Herzberg (Elster), free of charge, which model suits their life situation, and obtain offers from selected investors and foundations.

Commercial properties in Herzberg (Elster)
Sell commercial property and lease back: Sale & Lease-Back

Entrepreneurs in Herzberg (Elster) who wish to sell their commercial property and lease it back use Sale & Lease-Back: They sell office buildings, warehouses or practice premises to an investor, receive liquidity for growth or consolidation, and lease the property back long-term. The location in Herzberg (Elster) remains unchanged.

FREITAG® accompanies the entire process: value-based valuation, selection of qualified investors, contract drafting with clear lease-back conditions — including options for repurchase and flexible terms.

We check free of charge whether your commercial property in Herzberg (Elster) is suitable for a Sale & Lease-Back and obtain transparent offers — without obligation and without hidden costs.

Gastronomy properties in Herzberg (Elster)
Inn, café or guesthouse in Herzberg (Elster) hand over to good hands.

Hospitality properties in Herzberg (Elster) are valued differently from residential properties: Key factors are turnover, contribution margin, seating capacity, kitchen technology, licences, and whether the business can function without the previous owner. We value based on the earnings approach and openly state which portions are attributable to the property, inventory, and goodwill.

Marketing is conducted discreetly. A publicly visible sales offer unsettles staff, regular customers, and suppliers in Herzberg (Elster) — therefore, we approach interested parties specifically and under a confidentiality agreement.

Whether selling, leasing, or handing over to a successor within the family: We structure the path that suits the situation of your business in Herzberg (Elster) , and accompany you until the notary or lease agreement appointment.

Gerhard Hahn — Managing Director FREITAG® Immobilien GmbH
Management · Your contact person for Herzberg (Elster)

Gerhard Hahn

Managing Director of FREITAG® Beteiligungsgesellschaft mbH

Gerhard Hahn has been appraising and brokering real estate in Bavaria and Southern Germany for more than three decades. His focus is on properties that are not publicly advertised, and on constellations where multiple owners need to find a common solution.

Why for Herzberg (Elster)

For Herzberg (Elster), Gerhard Hahn draws on a network of pre-registered capital investors, family offices, and owner-occupiers that has grown over 30 years — many of whom have a specific search profile in the surrounding area. Gerhard Hahn also plans personal on-site appointments for Herzberg (Elster), around 600 km from Munich — valuation and initial consultation always take place at your premises.

The best real estate agents in Herzberg (Elster) according to ChatGPT

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.

  1. 1
    Birnbaum Hans-Michael Immobilien
    Anhalter Str. 45A, 04916 Herzberg (Elster)
    Tel. 03535 2 08 90
    Team: Hans-Michael Birnbaum

    Owner-managed real estate agency in Herzberg (Elster), specialising in condominiums, apartment brokerage, residential lettings, and property consultancy. Offers comprehensive services including house purchases and property management. Local estate agent based on Anhalter Str.

    Visit website
  2. 2
    Lehmann Karina Immobilien Haus- und Grundstücksverwaltung
    ImmobilienMarkt 3, 04916 Herzberg (Elster)
    Tel. 03535 2 07 40
    Team: Karina Lehmann

    Local real estate company led by Karina Lehmann, specialising in the brokerage of desired properties as well as house and land management. Based at Markt 3 in Herzberg (Elster). Offers personal advice for buyers and sellers.

    Visit website
  3. 3
    Immozippel
    Herzberg (Elster)
    Tel. 030 55 15 67 03
    Team: Immozippel-Team

    Family-run estate agent with over 25 years of experience in Herzberg (Elster), possessing extensive local market knowledge gained from hundreds of successful sales. Specialises in fast, legally secure transactions with vetted buyers. Available daily from 09:00 to 21:00 for a free initial consultation.

    Visit website
  4. 4
    Daniel Türk Immobilien
    Herzberg (Elster)
    Team: Daniel Türk

    Certified estate agent Daniel Türk, who grew up in Herzberg (Elster) with family roots as a local entrepreneur through his grandfather. Offers personal and regional expertise for property sales and purchases. Deeply rooted in the local network.

    Visit website
  5. 5
    Sparkasse Elbe-Elster Immobilien-Center
    Torgauer Str. 70, 04916 Herzberg (Elster)
    Tel. 03531 7 85 13 13

    Regional real estate centre of Sparkasse Elbe-Elster with a focus on properties in Herzberg and the surrounding area. Offers consultancy and brokerage for the local market. Located on Torgauer Str.

Real estate agent in the region

Also of interest near Herzberg (Elster)

Are you looking for a real estate agent not directly in Herzberg (Elster), but in the surrounding area? FREITAG® also serves the following municipalities in Brandenburg with local market knowledge, current purchase prices, and personal advice:

You can find the complete market overview with all municipalities in Brandenburg on the Overview page Brandenburg.
Comparable price range

Municipalities with a similar price level to Herzberg (Elster)

These locations are within a price band of ±10% around the current average house price per square metre of Herzberg (Elster) (Ø 1,300 €/m²) — ideal for an honest market comparison and alternative location assessments.

Sell property in Herzberg (Elster)
Sale

Sell property in Herzberg (Elster)

Sell a house in Herzberg (Elster)

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.

Sell an apartment in Herzberg (Elster)

We consider the declaration of division (Teilungserklärung), service charge (Hausgeld), energy performance certificate, reserves, and target group — and structure the entire sales process for you.

Sell a plot of land in Herzberg (Elster)

Developability, layout, development status, and land value guide are crucial. We provide a realistic valuation and specifically address suitable buyers and investors.

Sell a commercial property in Herzberg (Elster)

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.

Letting property in Herzberg (Elster)
Letting & Property Annuity

Letting property in Herzberg (Elster)

Let a flat in Herzberg (Elster)

The right rental price determines whether a property stands vacant or has long-term tenants. We set it at a market-appropriate level and pre-filter interested parties, instead of holding mass viewings.

Letting a house in Herzberg (Elster)

From defining the ancillary costs arrangement to the handover: We structure the letting of your house in such a way that no disputes arise later.

Property Annuity (Immobilienverrentung) in Herzberg (Elster)

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.

Property Valuation in Herzberg (Elster)

Understandable valuation as a basis for sale or letting — carried out by certified experts with regional market knowledge.

Personal Consultation

Would you like to sell or let your property in Herzberg (Elster)?

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

Basic data for the municipality Herzberg (Elster)
CountryDeutschland
Coordinates51.6925,13.2356
Federal StateBrandenburg
DistrictLandkreis Elbe-Elster
Altitude81
Area148,00
Inhabitants11053
Postcode04916
Dialling Codes03535
Vehicle Registration PlateEE
Community Key12062224
Address of the City AdministrationMarkt 1, 04916 Herzberg (Elster)
Websiteherzberg-elster.de
MayorKarsten Eule-Prütz

Quellen: Wikipedia / Gemeindewebsite / Perplexity (accessed on 2026-05-11)

— From the Community

Latest news about the community Herzberg (Elster)

Economy ·

Minister Schneider: "New settlements and social infrastructure go hand in hand" – IMAG Lausitz confirms three further projects

The state of Brandenburg confirmed a project for the sustainable and needs-based expansion of the Herzberg (Elster) industrial and commercial park. Plans include land acquisition, development planning, infrastructure development, new access roads, as well as utility and energy infrastructure. According to the report, the areas are expected to be available from 2028.

Source: Landesregierung Brandenburg →