The short answer: price per square meter in the Guatapé and El Peñol area depends on two things people routinely conflate: what you are measuring and where. Land is priced per square meter of lot; a built home is priced per square meter of construction, and the two differ by roughly an order of magnitude. The table below keeps them separate, by municipality, from live inventory.
Median price per m², by municipality
USD is approximate, converted at the official TRM of COP 3.158,43 on 24 Oct 2026. COP is the source of truth. A blank cell means there is not enough active inventory in that municipality and type to publish a median we would stand behind.
Where we hold enough active inventory, a municipality has a page of its own, with every type broken out and the figure dated: El Peñol.
estimateAn estimate from comparable properties and assumptions. Not a promise.
| Municipality | Landper m² of lot | Fincasper m² of lot | Country homesper m² built |
|---|---|---|---|
| Bello | — | — | US$1,399COP 4.418.605 |
| El Carmen de Viboral | US$82COP 258.337 | US$131COP 413.242 | US$1,889COP 5.966.903 |
| El Peñol | US$41COP 130.000 | — | US$2,615COP 8.260.631 |
| El Retiro | US$85COP 269.231 | — | US$2,770COP 8.750.000 |
| Envigado | US$165COP 519.726 | — | US$2,581COP 8.153.409 |
| Guarne | US$66COP 209.019 | — | US$2,078COP 6.563.953 |
| Itagüí | — | — | US$1,328COP 4.194.090 |
| La Ceja | — | — | US$1,880COP 5.937.144 |
| La Estrella | — | — | US$1,717COP 5.421.687 |
| Marinilla | — | US$64COP 203.125 | — |
| Medellín | — | — | US$1,730COP 5.463.415 |
| Rionegro | — | US$124COP 392.567 | US$2,235COP 7.058.824 |
| Sabaneta | — | — | US$1,787COP 5.645.161 |
| San Jerónimo | US$76COP 240.000 | — | US$1,393COP 4.400.484 |
| San Vicente Ferrer | US$58COP 184.066 | US$68COP 214.235 | US$1,583COP 5.000.000 |
| Santa Fe de Antioquia | US$39COP 121.986 | — | US$2,036COP 6.429.783 |
How we knowFigures as of October 26, 2026. Prices: active listings we verified ourselves; USD rate: TRM 3,158.43 COP per US$1, valid October 24, 2026 (Banco de la República, via datos.gov.co).
How to read these numbers
A median is the middle of the market: half the active listings sit above it, half below. It is more useful than an average because one trophy property cannot drag it around. Use it to ask better questions, not to settle them. If a property is priced well above the median for its municipality and type, the honest question is what justifies it: reservoir frontage, paved access to the door, a recently built home. If it sits well below, ask what explains the discount, because sometimes it is a motivated seller and sometimes it is a steep lot, a servitude access, or a title problem you would inherit.
What this is not
This is not an appraisal. A formal avalúo is a professional service with legal standing, done on one specific property by someone who visits it. This page is market orientation: what comparable properties are currently asking, per square meter, so you walk into a negotiation knowing the shape of the market rather than guessing.
Want this run on a specific property?
Tell us the municipality, the lot and built area, and the asking price. We will tell you where it sits against comparable active inventory, and what we would ask the seller.