FREITAG® Immobilien

Real Estate Agent
for Pegnitz

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

Average Rental Yield in Pegnitz: 3.25 %Calculated as the average over the last 10 years based on publicly available market statistics and the evaluations of the Expert Committee (Gutachterausschuss) for Pegnitz.
⌀ Value growth in Pegnitz: +4.68 %Calculated as the average of the last 10 years based on publicly available market statistics and the evaluations of the Expert Committee (Gutachterausschuss) for Pegnitz.
Your local partner

FREITAG® Immobilien in Pegnitz — for a successful sale of your property

Selling a property is a far-reaching decision. As experienced real estate agents, we support owners in Pegnitz 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

Buying a property in Pegnitz — register in our database and let us notify you

Register your search criteria in our database free of charge. As soon as a suitable property becomes available in Pegnitz, we will notify you immediately. Whether it's a house, apartment, plot of land, or investment property — you specify what suits you, and we will only contact you with matches that meet your expectations. Our service is free and non-binding for you as a searcher.

We will personally drive to you in Pegnitz

Gerhard Hahn — personal consultation promise for Pegnitz
Consultation Promise · Pegnitz

Communities of heirs (Erbengemeinschaften) in Pegnitz — organised instead of quarrelsome

Personally by Gerhard Hahn · FREITAG® Immobilien GmbH

Over 30 years of experience as a real estate specialist

When multiple heirs have to decide on a property in Pegnitz, it's rarely just about square metres. For decades, Gerhard Hahn has been moderating precisely these constellations: a fair market value, a clear process, a clean payout. This way, the family stays together in the end, and the assets are in order.

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 Pegnitz
Michael Freitag
Founder of FREITAG® Immobilien GmbH
Over 15 years of experience in Bavaria & surrounding areas
Your local agent

Real estate agent in Pegnitz with over 15 years of experience

Anyone looking for an experienced real estate agent in Pegnitz 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 Pegnitz, 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 Pegnitz.

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 Pegnitz – discreetly, without obligation, and at an appointment time that suits you.

Market data

Real estate market in Pegnitz 2026

Market data as of: May 2026

The following figures show how purchase prices, rents, and land values have developed in Pegnitz. These are average values for the entire location — the location, year of construction, and condition of a specific property can deviate significantly from these.

Location & living in Pegnitz

Pegnitz was the most populous municipality within the former district of Pegnitz, which belonged to the Bavarian administrative region of Upper Franconia. This district shared borders with the districts of Bayreuth, Eschenbach in der Oberpfalz, Hersbruck, Forchheim, and Ebermannstadt. The Pegnitz district was dissolved in 1972, with most of its municipalities becoming part of the Bayreuth and Forchheim districts. Some areas also joined the Nuremberg Land district. This historical context offers property buyers and owners an established location within these defined regional structures.

Source for local facts: Wikipedia

Brief overview: Pegnitz is an attractive location for owners, buyers, and tenants, as the municipality benefits from its location, accessibility, and quality of life. When marketing a property, it is important to present not only the property itself but also its surroundings in a compelling way. This includes, among other things, infrastructure, residential location, connectivity, local amenities, leisure value, and the general development of the Pegnitz location. Real estate agents in Pegnitz with over 15 years of experience. Anyone looking for an experienced real estate agent in Pegnitz expects more than just the publication of an advertisement. A realistic valuation, a suitable marketing strategy, high-quality documentation, professional communication with prospective buyers, and secure contract processing are crucial. This is exactly where we come in. As real estate agents in Pegnitz, we support owners with sales, lettings, and
Houses Ø/m²
2,950 €
Apartments Ø/m²
3,250 €
Rent avg/m²
8.90 €/m²
Standard land value Ø/m²
210 €

House purchase price development

Current average purchase price per m² for houses in Pegnitz: 2,950 €/m²

House prices in Pegnitz 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
20172,050 €/m²–
20182,150 €/m²+4.9 %
20192,260 €/m²+5.1 %
20202,390 €/m²+5.8 %
20212,560 €/m²+7.1 %
20222,780 €/m²+8.6 %
20232,860 €/m²+2.9 %
20242,920 €/m²+2.1 %
20252,950 €/m²+1 %

Apartment purchase price development

Current average purchase price per m² for apartments in Pegnitz: 3,250 €/m²

Apartments in Pegnitz 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
20172,250 €/m²–
20182,360 €/m²+4.9 %
20192,480 €/m²+5.1 %
20202,640 €/m²+6.5 %
20212,820 €/m²+6.8 %
20223,050 €/m²+8.2 %
20233,120 €/m²+2.3 %
20243,200 €/m²+2.6 %
20253,250 €/m²+1.6 %

Apartment rental price development

Current average rent per m² in Pegnitz: 8.90 €/m²

Rents in Pegnitz 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
20176.40 €/m²–
20186.60 €/m²+3.1 %
20196.85 €/m²+3.8 %
20207.10 €/m²+3.6 %
20217.45 €/m²+4.9 %
20227.85 €/m²+5.4 %
20238.20 €/m²+4.5 %
20248.55 €/m²+4.3 %
20258.90 €/m²+4.1 %

Land values & Plot prices

Current average land value per m² in Pegnitz: 210 €/m²

The land value in Pegnitz 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
2017120 €/m²–
2018130 €/m²+8.3 %
2019140 €/m²+7.7 %
2020155 €/m²+10.7 %
2021170 €/m²+9.7 %
2022190 €/m²+11.8 %
2023200 €/m²+5.3 %
2024205 €/m²+2.5 %
2025210 €/m²+2.4 %

Market analysis & Classification

The real estate market in Pegnitz can be classified as generally balanced with a slight tendency in favour of the seller, although bargaining power depends heavily on the condition of the property, location, and energy efficiency. In the housing segment, demand for family-friendly existing properties remains solid, while unrenovated properties are subject to greater price differentiation. For apartments, demand for well-laid-out, affordable units with low running costs is particularly stable. For investors, Pegnitz remains interesting because entry prices are moderate by regional standards and viable rental yields can still be achieved with the right properties. The gross rental yield range is currently mostly around 3.2 to 4.6% gross, depending on location, year of construction, state of modernisation, and price level. Overall, stable demand for housing, proximity to economically stronger areas, and limited supply point to a robust market. Property prices in Pegnitz are therefore likely to develop sideways to slightly upwards, provided there are no significant interest rate or demand shocks.

Data analysis: Price development & yield

The data from recent years paints a clear picture of price movements in Pegnitz within the Bavarian market and its strong connection to Munich. For detached and terraced houses in Pegnitz, the average purchase price moved from 2,050 €/m² in 2017 to the current 2,950 €/m² (2025) — a total change of +43.9% over 8 years, which corresponds to an average value increase of +4.7% p.a. Condominiums in Pegnitz started at around 2,250 €/m² in 2017 and are now at 3,250 €/m² (+44.4% over 8 years, Ø +4.7% p.a.). They are therefore often suitable as an entry point into home ownership or as an investment with a manageable ticket size. The average net cold rent in Pegnitz developed from 6.40 €/m² (2017) to the current 8.90 €/m² — +39.1% over 8 years or Ø +4.2% p.a. For landlords, the continuous increase in rent ensures a predictable adjustment to inflation and operating costs. The standard land value in Pegnitz rose from 120 €/m² (2017) to the current 210 €/m² (+75.0% in 8 years) — a key indicator of the structural quality of the location and local demand for building land. Based on current values, a rented condominium in Pegnitz yields a calculated gross rental yield of around 3.3% — 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 13,000 inhabitants, Pegnitz forms a comparatively tight market segment — which means: well-prepared properties priced in line with the market are usually sold or let quickly, while overpriced offers remain on the market longer and lose bargaining room. For owners in Pegnitz 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 the substance of the property. FREITAG® provides this valuation free of charge and without obligation.

Rental yield range (approx.): 3.2 – 4.6 % gross.

These market data are regularly updated and reviewed at least every 12 months based on current statistics and expert committee data.

Pegnitz compared to Bayern

Current market values in Pegnitz compared to the median of all municipalities in Bayern.

Key figurePegnitzBayern (Median)Difference
Houses Ø2,950 €/m²3,650 €/m²-19.2 %
Flats Ø3,250 €/m²3,850 €/m²-15.6 %
Rents Ø8.90 €/m²9.80 €/m²-9.2 %

Price development in Pegnitz — last 10 years

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

YearHouses Avg/m²YoYFlats Avg/m²YoYRent Avg/m²YoY
20172,050 €/m²–2,250 €/m²–6.40 €/m²–
20182,150 €/m²+4.9 %2,360 €/m²+4.9 %6.60 €/m²+3.1 %
20192,260 €/m²+5.1 %2,480 €/m²+5.1 %6.85 €/m²+3.8 %
20202,390 €/m²+5.8 %2,640 €/m²+6.5 %7.10 €/m²+3.6 %
20212,560 €/m²+7.1 %2,820 €/m²+6.8 %7.45 €/m²+4.9 %
20222,780 €/m²+8.6 %3,050 €/m²+8.2 %7.85 €/m²+5.4 %
20232,860 €/m²+2.9 %3,120 €/m²+2.3 %8.20 €/m²+4.5 %
20242,920 €/m²+2.1 %3,200 €/m²+2.6 %8.55 €/m²+4.3 %
20252,950 €/m²+1 %3,250 €/m²+1.6 %8.90 €/m²+4.1 %

Source: FREITAG® Immobilien's own market research based on publicly available statistics and expert committee evaluations.

FAQ about real estate in Pegnitz

Frequently asked questions about buying, selling, financing, and living in Pegnitz — concisely answered.

🧭 Local Prices & Market in Pegnitz

🏡 Buying real estate in Pegnitz

💰 Financing & Costs in Pegnitz

📈 Property sales in Pegnitz

📍 Location & Life in Pegnitz

Property Annuity (Immobilienverrentung) & Usufruct in Pegnitz
Release capital in Pegnitz — lifelong right of residence included.

Many owners in Pegnitz 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 Pegnitz 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.

Commercial properties in Pegnitz
Liquidity from business property in Pegnitz — Location remains.

For many businesses, capital is tied up in Pegnitz 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 Pegnitz. We structure these points so that the sales proceeds and the subsequent rental burden are in a reasonable relationship.

Gastronomy properties in Pegnitz
Hotel and restaurant sell or lease in Pegnitz

Owners of hotels and restaurants in Pegnitz 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 Pegnitz 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 Pegnitz the right strategy.

Gerhard Hahn — Managing Director FREITAG® Immobilien GmbH
Management · Your contact person for Pegnitz

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 Pegnitz

Many property owners in Pegnitz wish to sell without neighbours, tenants, or employees finding out. Gerhard Hahn has been providing precisely this discreet approach for over 30 years. Personal appointments in Pegnitz are an integral part of every mandate for Gerhard Hahn — no remote diagnosis, no templates.

The best real estate agents in Pegnitz 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
    pro vobis Immobilien Bayreuth
    91257 Pegnitz (genaue Adresse nicht spezifiziert)

    Local estate agent based in Bayreuth, actively brokering properties in Pegnitz, such as ground-floor apartments and multi-family houses. Specialised in the sale of residential properties in Pegnitz and the surrounding area. Currently offering several properties in the region.

    Visit website
  2. 2
    Kirchner & Kollegen
    Hauptstraße 37, 91257 Pegnitz

    Real estate experts with many years of experience (25 years), providing legally sound valuations for residential properties in Pegnitz and neighbouring towns such as Creußen or Betzenstein. Managing Director Matthias Kirchner offers neutral appraisals for owners in Pegnitz. Providing support with market-oriented valuations locally.

    Visit website
  3. 3
    Von Poll Immobilien
    Bahnhofstraße 2, 90518 Altdorf

    Reliable estate agent with expertise in the sale, letting, and valuation of residential properties in Röthenbach an der Pegnitz near Pegnitz. Locally active in the Upper Palatinate with a focus on regional markets. Your partner for property brokerage in the Pegnitz area.

    Visit website
  4. 4
    Heid Immobilienbewertung Pegnitz
    Auf der Hut 2a, 91257 Pegnitz

    Local appraisal office in Pegnitz, specialising in free consultations and professional valuations of condominiums and houses on-site. Flexibly available Mon-Sat with a focus on the Pegnitz market. Offers property valuations directly in 91257 Pegnitz.

    Visit website
  5. 5
    Maurihome

    Regionally rooted estate agent in Röthenbach an der Pegnitz, socially committed to valuing and brokering residential properties. Specialised in the local market around Pegnitz with personal expertise. Offers valuation and brokerage services.

    Visit website
  6. 6
    City Immobilienmakler

    Experienced estate agent since 2001 with over 875 successfully marketed properties in Pegnitz, including valuation through to the notary appointment. Full-service strength for house sales in 91257 Pegnitz. Everything from a single local source.

    Visit website
  7. 7
    Reichinger Immobilien

    Local estate agent from Lauf a.d. Pegnitz, actively brokering, valuing, and supporting residential properties in Pegnitz and the surrounding area. Accompanies purchases, sales, and lettings with a focus on regional properties. Competent local partner.

    Visit website
Real estate agent in the region

Also of interest near Pegnitz

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

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

Municipalities with a similar price level to Pegnitz

These locations are within a price band of ±10% around the current average house price per square metre of Pegnitz (Ø 2,950 €/m²) — ideal for an honest market comparison and alternative location assessments.

Grenzregion Germany ↔ Austria

Real estate market in neighbouring countries

Pegnitz is located in a border region — many of our clients compare locations across countries. These municipalities in neighbouring countries offer similar location qualities and are often the closest alternative:

Sell property in Pegnitz
Sale

Sell property in Pegnitz

Sell a house in Pegnitz

Detailed analysis of the plot, year of construction, condition, and micro-location. We develop an individual marketing strategy and support the house sale up to the notary appointment.

Sell an apartment in Pegnitz

Whether rented or vacant: We assess which buyer group is realistic for your flat, and consistently align the exposé, price, and approach accordingly.

Sell a plot of land in Pegnitz

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.

Sell a commercial property in Pegnitz

Office, practice, warehouse, hotel, or gastronomy — discreet marketing with a sound valuation and personal support until completion.

Letting property in Pegnitz
Letting & Property Annuity

Letting property in Pegnitz

Let a flat in Pegnitz

Credit checks, self-disclosure forms, handover protocols, and a clear tenancy agreement — we handle the entire letting process, including viewings.

Letting a house in Pegnitz

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 Pegnitz

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 Pegnitz

Comparative value, intrinsic value (Sachwert) or income approach (Ertragswert): We select the appropriate method for the property and disclose the derivation, instead of just stating a number.

Personal Consultation

Would you like to sell or let your property in Pegnitz?

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

— From the Community

Latest news about the community Pegnitz

Urban Development ·

Urban Development

On its 'Urban Development' page, the city of Pegnitz bundles topics related to building and housing as well as the Integrated Urban Development Concept 'Pegnitz 2030'. The entry refers to the strategic orientation of urban development and mentions fields of action such as trade, housing, the city center, and districts. This is not a classic news article, but a clearly relevant public result regarding local development in Pegnitz.

Source: Pegnitz.de →