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.
The following figures show how purchase prices, rents, and land values have developed in Oberhof. These are average values for the entire location — the location, year of construction, and condition of a specific property can deviate significantly from these.
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 as a relatively small but stable sub-market. For buyers, this means that supply is limited, but pricing is still more moderate compared to larger centres. This makes Oberhof interesting for owner-occupiers who value quiet living and good regional connections. On the seller's side, sustained demand points to a solid market position, even if the sharpest price jumps are likely behind us for the time being. For investors, Oberhof is attractive primarily due to the combination of a manageable entry price, stable rents, and good lettability. In particular, apartments in good condition with functional floor plans can generally be let quickly. The rough gross rental yield range is currently usually between about 3.8% and 5.2%, depending on property quality, location, and price level. Houses often achieve lower yields but are interesting for long-term owner-occupiers and wealth-oriented buyers. Overall, the development of property prices in Oberhof points to a market with moderate growth, solid demand, and limited downside risk. Anyone observing the price per square metre in Oberhof will recognise a phase of consolidation following the strong increases of previous years, without the location's attractiveness having noticeably diminished.
A closer look at the last few years shows how the Oberhof real estate market has specifically developed within the Thuringian market with its good supra-regional connections. For single-family and terraced houses in Oberhof, the average purchase price moved from 1,520 €/m² in 2017 to the current 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 peak 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 at 2,480 €/m² today (+40.9% over 8 years, Ø +4.4% p.a.). This makes them suitable as an entry point into home ownership or as an investment with a manageable ticket size. The average net cold rent in Oberhof developed from 6.20 €/m² (2017) to the current 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 in Oberhof rose from 72 €/m² (2017) to the current 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 yield of around 4.1% — 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 1,500 inhabitants, Oberhof represents a manageable market size — which means that well-prepared properties priced in line with the market are generally sold or let quickly, while overpriced offers remain on the market longer and lose negotiating room. 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.
Property annuity (Immobilienverrentung) in Oberhof means: You transfer ownership, but retain the right of use. Four options are available — Usufruct (Nießbrauch) (most extensive rights, including letting), Right of abode (personal use), Life annuity (monthly payment instead of a lump sum) and Sale-and-leaseback (sale at full price, followed by a rental agreement).
Which option is suitable depends on your age, health status, inheritance situation and the current market value of your property in Oberhof. These factors directly influence the valuation — therefore, we do not make blanket promises regarding the achievable amount.
The initial consultation is free and without obligation. Upon request, we will involve relatives, tax advisors or notaries from the outset, so that the solution is also sustainable within the family in Oberhof.
For many businesses, capital is tied up in Oberhof 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 Oberhof. We structure these points so that the sales proceeds and the subsequent rental burden are in a reasonable relationship.
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.
Buyers and sellers in Oberhof benefit from negotiation experience spanning over 30 years: Gerhard Hahn conducts discussions to close deals, not just to list properties. 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.
Owner-managed estate agency with over 60 years of experience in the Oberhof region. Specialising in residential properties and insurance brokerage services with personal, on-site consultations.
Visit websiteSpecialised estate agent in Oberhof with a focus on residential properties and property sales. Offers comprehensive advice and brokerage services for buyers and sellers in the region.
Visit websiteEstablished estate agent with a strong presence in Oberhof and the surrounding area. Brokers residential properties and offers professional agency services for sales and lettings.
Visit websiteAre 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.
Plot layout, building fabric, maintenance backlog, and neighbourhood determine the price. We objectively assess these points and align the marketing accordingly.
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.
We clarify the development plan, development status, and suspected contamination in advance — this prevents price reductions during negotiations.
Valuation based on the income approach (Ertragswert), review of rental agreements, and targeted approach to portfolio holders and family offices — without public advertising.
Professional market placement, well-considered tenant selection, and legally sound documents for a smooth letting of your flat.
Detached houses, semi-detached houses, or terraced houses appeal to different target groups — we ensure the appropriate presentation and solvent tenants.
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
| Country | Deutschland |
| Federal State | Thüringen |
| District | Schmalkalden-Meiningen |
| Altitude | 815 |
| Postcode | 98559 |
| Dialling Codes | 036842 |
| Community Key | 16066047 |
| Address of the City Administration | Zellaer Straße 10 98559 Oberhof |
| Mayor | Thomas Schulz |
Quellen: Wikipedia (accessed on 2026-05-08)
The LEG describes the "Am Dimitroff" building area in Oberhof as a fully developed site with 15 building plots for individual residential construction. The area is located on a former holiday hotel site and thus remains a concrete development project in the municipality.
The city of Oberhof displayed a development plan for a special hotel and holiday home area "Am Rennsteig". The goal is to provide the planning law basis for an organic hotel with holiday homes. This is a clear location and tourism development component with a real estate connection.
In Oberhof, new plans for the old golf hotel were announced. The MDR reported on a new owner and investment plans amounting to 8.5 million euros for demolition and new construction. This concerns a large real estate and construction project in the town.
Apartments, assisted living, and a commercial unit are to be built on the former Sanssouci hotel complex in Oberhof. The project combines residential construction, repurposing, and small-scale commercial development at a former hotel site.
The city of Oberhof published official announcements regarding the assessment rate statute for property and trade tax. This is relevant for municipal location and economic policy, as the tax burden directly influences the framework conditions for property and businesses.
The multi-generational project Oberhof was completed in 2021. Additional apartments as well as uses such as a family center and youth center were created on a former farmstead. It is a neighborhood development with a strong residential and renovation focus.
In Oberhof, development work began for the planned residential area "Am Dimitroff". According to a report by the LEG, 15 plots for single-family homes are being created there on former hotel grounds. The project marks a concrete residential development in the municipality.
In Oberhof, construction began on a premium hotel with an investment volume of 50 million euros. The report mentions 110 family suites, 15 chalets, and a larger resort project. The project is one of the most significant real estate investments in the municipality.
