Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Oberhof.
Anyone selling or letting a property in Oberhof doesn't need advertising promises, but a realistic assessment. We tell you what your property will fetch on the market, which documents are missing, and what marketing duration to expect — before you decide to work with us.
Instead of searching portals daily, we reverse the process: you register your profile for Oberhof, 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.
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 Oberhof 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 Oberhof 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 Oberhof, 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 Oberhof.
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 Oberhof – 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 Oberhof. 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 Oberhof: 2,150 €/m²
House prices in Oberhof 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 |
|---|---|---|
| 2017 | 1,520 €/m² | – |
| 2018 | 1,590 €/m² | +4.6 % |
| 2019 | 1,670 €/m² | +5 % |
| 2020 | 1,780 €/m² | +6.6 % |
| 2021 | 1,930 €/m² | +8.4 % |
| 2022 | 2,120 €/m² | +9.8 % |
| 2023 | 2,160 €/m² | +1.9 % |
| 2024 | 2,140 €/m² | -0.9 % |
| 2025 | 2,150 €/m² | +0.5 % |
Current average purchase price per m² for apartments in Oberhof: 2,480 €/m²
Apartments in Oberhof 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 |
|---|---|---|
| 2017 | 1,760 €/m² | – |
| 2018 | 1,830 €/m² | +4 % |
| 2019 | 1,920 €/m² | +4.9 % |
| 2020 | 2,020 €/m² | +5.2 % |
| 2021 | 2,180 €/m² | +7.9 % |
| 2022 | 2,390 €/m² | +9.6 % |
| 2023 | 2,470 €/m² | +3.3 % |
| 2024 | 2,460 €/m² | -0.4 % |
| 2025 | 2,480 €/m² | +0.8 % |
Current average rent per m² in Oberhof: 8.40 €/m²
Rents in Oberhof 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 |
|---|---|---|
| 2017 | 6.20 €/m² | – |
| 2018 | 6.40 €/m² | +3.2 % |
| 2019 | 6.60 €/m² | +3.1 % |
| 2020 | 6.90 €/m² | +4.5 % |
| 2021 | 7.30 €/m² | +5.8 % |
| 2022 | 7.80 €/m² | +6.8 % |
| 2023 | 8.20 €/m² | +5.1 % |
| 2024 | 8.30 €/m² | +1.2 % |
| 2025 | 8.40 €/m² | +1.2 % |
Current average land value per m² in Oberhof: 110 €/m²
The land value in Oberhof 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 |
|---|---|---|
| 2017 | 72 €/m² | – |
| 2018 | 75 €/m² | +4.2 % |
| 2019 | 79 €/m² | +5.3 % |
| 2020 | 84 €/m² | +6.3 % |
| 2021 | 91 €/m² | +8.3 % |
| 2022 | 101 €/m² | +11 % |
| 2023 | 108 €/m² | +6.9 % |
| 2024 | 109 €/m² | +0.9 % |
| 2025 | 110 €/m² | +0.9 % |
The real estate market in Oberhof can be classified overall as a small but comparatively stable niche market. A clear buyer's or seller's market in the classic sense is only limitedly developed here; rather, property quality, location, and type of use determine pricing. For houses and apartments, demand in good locations is solid, while properties in need of renovation can have significantly longer marketing periods. The attractiveness for capital investors arises primarily from the moderate entry price level, the tourist character, and the possibility of renting out smaller apartments or holiday properties well. At the same time, the return expectation is not comparable to urban growth locations due to limited rents and the relatively small market. A rough gross rental yield range of approximately 3.8 to 5.2 % is realistic for rented apartments, depending on the purchase price, condition, and micro-location. For buyers looking for long-term value retention and a location close to nature, Oberhof remains interesting; for sellers, well-modernised properties remain best positioned. Overall, real estate prices in Oberhof show a stable to slightly sideways trend with limited but reliable demand potential.
A closer look at recent years shows how the Oberhof real estate market has developed specifically within the Thuringian market with good supra-regional connections. For single-family and terraced houses in Oberhof, the average purchase price moved from 1,520 €/m² in 2017 to currently 2,150 €/m² (2025) — a total change of +41.4 % over 8 years, which corresponds to an average value increase of +4.4 % p.a. The previous high was reached in 2023 at 2,160 €/m²; since then, the market has corrected by -0.5 % — a typical pattern in many German mid-sized markets following the interest rate turnaround. Condominiums in Oberhof started at around 1,760 €/m² in 2017 and are now at 2,480 €/m² (+40.9 % over 8 years, Ø +4.4 % p.a.). This makes them suitable as an entry into home ownership or as a capital investment with a manageable ticket size. The average net cold rent in Oberhof developed from 6.20 €/m² (2017) to currently 8.40 €/m² — +35.5 % over 8 years or Ø +3.9 % p.a. For landlords, the continuous rent increase ensures a predictable adjustment to inflation and operating costs. The standard land value (Bodenrichtwert) in Oberhof rose from 72 €/m² (2017) to currently 110 €/m² (+52.8 % in 8 years) — an essential indicator of the structural location quality and local demand for building land. Based on current values, a rented condominium in Oberhof yields a calculated gross rental return of around 4.1 % — without taking into account vacancy, maintenance, and ancillary purchase costs. Experience shows that realistic net returns are 0.8 to 1.5 percentage points lower. With around 1,500 inhabitants, Oberhof forms a comparatively narrow market segment — which means: properties priced correctly and well-prepared are usually sold or let quickly, while overpriced offers remain on the market longer and lose room for negotiation. For owners in Oberhof 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.): 3.8 – 5.2 % 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 Oberhof compared to the median of all municipalities in Thüringen.
| Key figure | Oberhof | Thüringen (Median) | Difference |
|---|---|---|---|
| Houses Ø | 2,150 €/m² | 1,780 €/m² | +20.8 % |
| Flats Ø | 2,480 €/m² | 1,640 €/m² | +51.2 % |
| Rents Ø | 8.40 €/m² | 6.90 €/m² | +21.7 % |
Annual average values for purchase prices (houses & flats) and rents in Oberhof, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY | Rent Avg/m² | YoY |
|---|---|---|---|---|---|---|
| 2017 | 1,520 €/m² | – | 1,760 €/m² | – | 6.20 €/m² | – |
| 2018 | 1,590 €/m² | +4.6 % | 1,830 €/m² | +4 % | 6.40 €/m² | +3.2 % |
| 2019 | 1,670 €/m² | +5 % | 1,920 €/m² | +4.9 % | 6.60 €/m² | +3.1 % |
| 2020 | 1,780 €/m² | +6.6 % | 2,020 €/m² | +5.2 % | 6.90 €/m² | +4.5 % |
| 2021 | 1,930 €/m² | +8.4 % | 2,180 €/m² | +7.9 % | 7.30 €/m² | +5.8 % |
| 2022 | 2,120 €/m² | +9.8 % | 2,390 €/m² | +9.6 % | 7.80 €/m² | +6.8 % |
| 2023 | 2,160 €/m² | +1.9 % | 2,470 €/m² | +3.3 % | 8.20 €/m² | +5.1 % |
| 2024 | 2,140 €/m² | -0.9 % | 2,460 €/m² | -0.4 % | 8.30 €/m² | +1.2 % |
| 2025 | 2,150 €/m² | +0.5 % | 2,480 €/m² | +0.8 % | 8.40 €/m² | +1.2 % |
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 Oberhof — concisely answered.
Many owners in Oberhof are sitting on an asset that they cannot access because they do not want to give up their home. This is precisely whatProperty annuity (Immobilienverrentung) is for: The sale takes place, but the move-out does not. Depending on the model — Usufruct, Right of abode, Life annuity or Leaseback — the purchase price is paid as a lump sum, as a monthly annuity, or as a combination of both.
Security is crucial: The right of abode (Wohnrecht) is entered in the land register (Grundbuch) in the first rank, before the buyer is registered as the owner. We will calculate for your property in Oberhof how much the usufruct (Nießbrauch) value reduces the purchase price — and whether this is more profitable compared to a traditional sale.
We approach this with an open mind. If a normal sale with a subsequent move is economically better for you, we will tell you — instead of trying to sell a property annuity (Immobilienverrentung) model that doesn't suit your needs.
For production halls, office buildings, medical centres (Ärztehäuser), and logistics areas in Oberhof FREITAG® brokers both classic sales and Sale & Lease-Back. Buyers include family offices, real estate funds, and private portfolio holders with a long-term horizon.
The process is discreet: contact is made off-market, without an advertisement and without a sign on the property. Employees, customers and competitors in Oberhof will not know anything, as long as you don't wish it.
It starts with a reliable valuation based on the income approach (Ertragswert) — not a desired figure. Based on this, you decide whether to sell, lease back, or hold.
Whether a country inn, city café, hotel garni, or boarding house with an annex — for hospitality and accommodation properties in Oberhof there is a specific, manageable circle of buyers. We have known and cultivated this circle for years, instead of advertising widely.
Often, leasing is the calmer path: you retain the property in Oberhof your portfolio, hand over operational management, and receive ongoing income. We check the concept and creditworthiness of the tenant before the contract is concluded.
If the property is vacant or no longer profitable to operate, we examine repurposing — for example, into residential space, a boarding house, or practice premises. What is Oberhof legally permissible under building law, we clarify before marketing.
Managing Director of FREITAG® Beteiligungsgesellschaft mbH
For over 30 years, Gerhard Hahn has been active as a real estate appraiser, real estate consultant, and real estate agent in Bavaria and Southern Germany — focusing on high-quality residential property, off-market marketing, and the discreet support of owners, communities of heirs, and family offices.
A reliable valuation in Oberhof requires genuine comparative data and a feel for micro-location — Gerhard Hahn has internalised both after 30+ years of market proximity in Bavaria and Thuringia. Personal appointments in Oberhof are an integral part of every mandate for Gerhard Hahn — no remote diagnosis, no templates.
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.
Local owner-managed real estate and insurance broker operating in Oberhof, Thuringia. Specialising in the sale and brokerage of residential properties in the Schmalkalden-Meiningen region. Established over 60 years ago, with a high rating of 9.2 based on 13 reviews.
Owner-managed real estate agent focusing on the Oberhof area in Thuringia. Offers services for the sale and brokerage of residential properties. Rated 8.6 from 85 reviews.
Real estate agent actively operating in Oberhof, Thuringia. Specialised in residential property sales and brokerage in the region. High rating of 9.0 from 72 customer reviews.
Are you looking for a real estate agent not directly in Oberhof, but in the surrounding area? FREITAG® also serves the following municipalities in Thuringia 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 Oberhof (Ø 2,150 €/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.
A plot of land sells based on what can be built on it. We determine the realistic building rights and approach property developers and private buyers in parallel.
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.
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.
Sell and stay living in your home: We compare the four common models based on your situation and clearly state the disadvantages as well as the advantages.
For inheritance disputes, divorce, banks or sales — a reliable valuation that stands up to scrutiny from third parties.
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
The Oberhof city council approved the preliminary draft of a development plan for a special hotel and holiday home area "Am Rennsteig". The public display is scheduled to begin on 04.08.2025; according to the announcement, the goal is the implementation of an organic hotel with holiday homes.
The renovation of the historic Oberhof is to take place in three construction phases and, according to the source, will cost nearly two million euros. Mentioned are fire damage restoration, pest control, and work on the roof.
The reference page mentions the new construction of access road 1 and further infrastructural measures at the LOTTO Thüringen EISARENA Oberhof. The client was the Zweckverband Thüringer Wintersportzentrum.
The project describes the conversion of a former farmstead into a multi-generational quarter with apartments, a family center, a day care center, a library, a youth center, and a farm shop. According to the source, the new building comprised a residential/usable area of 4,500 square meters and was handed over in 2021.
The report covers the start of construction for a premium hotel in Oberhof with an investment volume of 50 million euros. Plans included 110 family suites, 15 chalets, and around 140 employees.
