House prices in Italy are generally falling. According to the latest data, the national average has dropped by 1.9% year-on-year, with the average price of a second-hand property standing at €1,815 per m². However, regional trends tell a more nuanced story. By examining price movements at a neighbourhood level in Italy's main property markets, a clearer picture emerges.
The analysis focuses on major cities that drive the country’s property market: Bari, Bologna, Florence, Genoa, Milan, Naples, Palermo, Padua, Rome, Turin, Trieste, and Venice. For each city, we highlight the neighbourhoods that recorded the strongest growth between the third quarter of 2025 and the same period the previous year.
Top 10 neighbourhoods with the largest price increases
At the top of the list is Mortise-Brenta in Padua, where average asking prices have surged by 41.3% over the past year, reaching approximately €1,844 per m².
Second place goes to Corvetto-Rogoredo in Milan, which has seen a 24.4% year-on-year increase, with prices averaging €4,265 per m². The area has been undergoing urban regeneration, supported by the Arena Santa Giulia or PalaItalia project — a multi-purpose sports venue built for the Milan-Cortina 2026 Olympics that will later host sports, cultural, and music events. Corvetto-Rogoredo also benefits from excellent connectivity, with Rogoredo station and the Milan ring road providing easy access to the rest of the city.
Third is Rome’s Trionfale-Monte Mario neighbourhood, where residential property values have risen 22.5% in a year, averaging €4,547 per m². This is one of Rome’s traditionally residential northern districts, popular with families, and prices here remain above the city’s average.
Florence dominates the rest of the top ten, with six districts featuring: Campo di Marte (€5,093 per m², +21.9%), Rifredi Leopoldo-Viesseux (€4,263 per m², +19.2%), Centro Duomo-San Marco (€6,063 per m², +18.4%), Isolotto-Legnaia (€3,746 per m², +17.8%), Centro Oltrarno-San Frediano-Santo Spirito (€6,366 per m², +17.6%), and Rifredi Ponte di Mezzo (€3,689 per m², +16.5%). Genoa’s Medio Ponente district (€1,257 per m², +16.4%) completes the top ten.
Biggest price increases in each city
Looking at other cities, Naples’ Fuorigrotta-Bagnoli district recorded the largest increase, rising 16% to €1,938 per m². In Bologna, Santa Viola saw a 15.5% rise, with prices averaging €3,479 per m². Palermo’s Altarello-Calatafimi-Montegrappa area recorded a 14.9% increase, reaching €1,405 per m².
In Venice, the Giudecca district saw prices climb 14.6% to €5,596 per m², while in Trieste, Centro-San Vito rose 14.5% to €4,138 per m². Turin’s relatively affordable Borgo Vittoria-Vallette neighbourhood recorded a 13.1% increase, averaging €1,258 per m². In Bari, San Paolo-Stanic saw values rise 7.5% to €1,608 per m².