Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Wels.
Selling a property is a far-reaching decision. As experienced real estate agents, we support owners in Wels 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.
Register your search criteria in our database free of charge. As soon as a suitable property becomes available in Wels, 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.
Personally by Gerhard Hahn · FREITAG® Immobilien GmbH
Over 30 years of experience as a real estate specialist
Every interested party we introduce to you for your property in Wels has been pre-checked for creditworthiness, financing status, and seriousness. This way, we avoid viewing tourism and appointments with buyers who cannot complete the purchase anyway. Your time is too valuable for 'just looking'.
»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 Wels 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 Wels, 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 Wels.
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 Wels – 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 Wels. 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 Wels: 2,587 €/m²
House prices in Wels 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 |
|---|---|---|
| 2016 | 1,464.5 €/m² | – |
| 2017 | 1,544.5 €/m² | +5.5 % |
| 2018 | 1,543.5 €/m² | -0.1 % |
| 2019 | 1,632.5 €/m² | +5.8 % |
| 2020 | 1,823 €/m² | +11.7 % |
| 2021 | 2,353 €/m² | +29.1 % |
| 2022 | 2,685 €/m² | +14.1 % |
| 2023 | 2,623 €/m² | -2.3 % |
| 2024 | 2,587 €/m² | -1.4 % |
Current average purchase price per m² for apartments in Wels: 2,772.5 €/m²
Apartments in Wels 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 |
|---|---|---|
| 2016 | 1,598 €/m² | – |
| 2017 | 1,709.5 €/m² | +7 % |
| 2018 | 1,861.5 €/m² | +8.9 % |
| 2019 | 1,931.5 €/m² | +3.8 % |
| 2020 | 2,048 €/m² | +6 % |
| 2021 | 2,443 €/m² | +19.3 % |
| 2022 | 2,594 €/m² | +6.2 % |
| 2023 | 2,528.5 €/m² | -2.5 % |
| 2024 | 2,772.5 €/m² | +9.6 % |
Current average land value per m² in Wels: 109.6 €/m²
The land value in Wels 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 | 68 €/m² | – |
| 2016 | 56.9 €/m² | -16.3 % |
| 2017 | 59.7 €/m² | +4.9 % |
| 2018 | 65.3 €/m² | +9.4 % |
| 2019 | 66.8 €/m² | +2.3 % |
| 2020 | 73 €/m² | +9.3 % |
| 2021 | 77.7 €/m² | +6.4 % |
| 2022 | 93.8 €/m² | +20.7 % |
| 2023 | 99.7 €/m² | +6.3 % |
| 2024 | 109.6 €/m² | +9.9 % |
The real estate market in Wels 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 Wels interesting for owner-occupiers who value quiet living and good regional connectivity. 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 capital investors, Wels is particularly attractive due to the combination of manageable entry prices, stable rents, and good lettability. Apartments in good condition with functional floor plans, in particular, can usually be let quickly. The gross rental yield range is currently mostly between 3.0% and 4.2% gross, 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 real estate prices in Wels points to a market with moderate growth, solid demand, and limited downside risk. Anyone observing the price per square metre in Wels will recognise a phase of consolidation following the strong increases of previous years, without the attractiveness of the location having noticeably diminished.
A closer look at the last few years shows how the Wels real estate market has specifically developed within the Austrian market. For detached and terraced houses in Wels, the average purchase price moved from 1,464 €/m² in 2016 to the current 2,587 €/m² (2024) — a total change of +76.6% over 8 years, which corresponds to an average value increase of +7.4% p.a. The previous peak was reached in 2022 at 2,685 €/m²; since then, the market has corrected by -3.6% — a typical pattern in many medium-sized markets following the interest rate turnaround. Condominiums in Wels started at around 1,598 €/m² in 2016 and are now at 2,772 €/m² (+73.5% over 8 years, Ø +7.1% p.a.). This makes them suitable as an entry point into home ownership or as a capital investment with a manageable ticket size. The land value in Wels rose from 68 €/m² (2015) to the current 110 €/m² (+61.2% in 9 years) — an essential indicator of the structural location quality and local demand for building land. With around 61,233 inhabitants, Wels represents a manageable market size — which means that 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 negotiating room. For owners in Wels considering a sale or letting, an individual, data-based valuation is the most important first step — it replaces estimates from online calculators that cannot account for micro-location, energy efficiency, and the condition of the property. FREITAG® provides this valuation free of charge and without obligation.
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 Wels compared to the median of all municipalities in Oberösterreich.
| Key figure | Wels | Oberösterreich (Median) | Difference |
|---|---|---|---|
| Houses Ø | 2,587 €/m² | 2,587 €/m² | 0 % |
| Flats Ø | 2,773 €/m² | 2,773 €/m² | 0 % |
Annual average values for purchase prices (houses & flats) and rents in Wels, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY |
|---|---|---|---|---|
| 2016 | 1,465 €/m² | – | 1,598 €/m² | – |
| 2017 | 1,545 €/m² | +5.5 % | 1,710 €/m² | +7 % |
| 2018 | 1,544 €/m² | -0.1 % | 1,862 €/m² | +8.9 % |
| 2019 | 1,633 €/m² | +5.8 % | 1,932 €/m² | +3.8 % |
| 2020 | 1,823 €/m² | +11.7 % | 2,048 €/m² | +6 % |
| 2021 | 2,353 €/m² | +29.1 % | 2,443 €/m² | +19.3 % |
| 2022 | 2,685 €/m² | +14.1 % | 2,594 €/m² | +6.2 % |
| 2023 | 2,623 €/m² | -2.3 % | 2,529 €/m² | -2.5 % |
| 2024 | 2,587 €/m² | -1.4 % | 2,773 €/m² | +9.6 % |
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 Wels — concisely answered.
For owners in Wels 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 Wels 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 Wels, 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 Wels 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 Wels. 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 Wels 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 Wels 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 Wels the right strategy.
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.
Many property owners in Wels 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 Wels 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 estate agent in Wels with expert status on ImmoScout24, specialising in the sale and brokerage of residential properties in the region. Offers comprehensive advice and market expertise for houses and apartments in Wels. Owner-managed company based directly in the city.
Visit websiteSilver-certified agent in Wels, active in the sale of residential properties with a focus on local markets. Offers professional valuation and brokerage for buyers and sellers in Upper Austria. Centrally located on Hans-Sachs-Straße.
Visit websiteExpert agent in Wels for the sale and brokerage of residential properties, with a strong regional network. Supports clients from valuation to handover locally in Wels. Location on Leopold-Bauer-Straße.
Visit websiteExperienced owner-managed estate agent in Wels, specialising in homes and commercial properties with personal service. Conducts in-depth market value analyses and provides support up to the notary appointment. Premium partner based on Pfarrgasse.
Visit websiteSilver agent in Wels at Bahnhofplatz, focused on residential property sales and brokerage in the city. Offers local expertise for fast and secure transactions. Central location for clients in Wels.
Visit websiteBronze-certified local agent in Wels, active in the sale of apartments and houses. Emphasises regional knowledge and reliable brokerage. Located on Ringstraße.
Visit websiteLocal estate agency in Wels with bronze status, specialising in residential properties on Adlerstraße. Offers advice and brokerage for the Wels market. Owner-oriented with a focus on personal service.
Visit websiteSole trader and local agent in Wels on Linzerstraße, bronze partner for residential property sales. Personal service with a strong connection to the Wels-Land region. Ideal for owner-managed expertise.
Visit websitePart of the RE/MAX network, specialists for Wels and Wels-Land in residential property sales since 2015. Offers comprehensive services as a market leader in Upper Austria. Locally active with network advantages.
Visit websitePremium bronze agent in Wels on Adlerstrasse, focused on the brokerage of residential properties. Offers high-quality service with local knowledge for buyers and sellers. Centrally positioned in the city.
Visit websiteAre you looking for a real estate agent not directly in Wels, but in the surrounding area? FREITAG® also serves the following municipalities in Upper Austria 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 Wels (Ø 2,587 €/m²) — ideal for an honest market comparison and alternative location assessments.
Wels 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:
Plot layout, building fabric, maintenance backlog, and neighbourhood determine the price. We objectively assess these points and align the marketing accordingly.
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.
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.
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 | Oberösterreich |
| District | Wels-Land |
| Altitude | 317 |
| Postcode | 4600 |
| Website | Stadt Wels: Offizielle Homepage der Stadt Wels |
| Mayor | Andreas Rabl |
Quellen: Wikipedia (accessed on 2026-05-08)
The city of Wels reports that around 1,100 apartments are currently under construction or in planning. The report interprets this as a sign of a continuously active housing market and notes that there are no vacancies in the city area.
The report describes the tense situation in private residential construction in Wels and notes that cooperatives are primarily implementing new apartments this year. A private project in the Neustadt district with 29 condominiums is also mentioned.
The article explains that cooperatives are the main drivers of residential construction in Wels because private developers remain cautious. WSG, Heimstätte, and Familie are mentioned as key players.
The report summarizes several large construction and housing projects in Wels and cites an investment budget of around 51.8 million euros for them. Projects described include the Oberfeldhöfe, new rental apartments on Sauerbruchstraße, and the Wohnpark Europastraße.
The city of Wels reports on the start of construction work for the redesign of the local train station area. Plans include a corner building with more than 200 apartments, a local supplier, and service businesses on the ground floor.
The city of Wels announces that the Oberfelder Höfe project is intended to secure affordable housing. The focus is on the urban compatibility of a larger residential construction project in Wels.
