Property for sale in Vesoul

In Vesoul, the average real estate prices vary significantly depending on the type of property and its location within the town. As of late 2023, residential properties generally range from around €1,300 to €1,600 per square meter. A typical two-bedroom apartment in the city center can cost between €120,000 and €150,000, while similar properties on the outskirts may range from €90,000 to €120,000. For single-family homes, prices can start at approximately €180,000 for older properties, while newly built homes or those in prime locations can exceed €250,000. The market is relatively stable, with slight fluctuations based on seasonal demand and local economic conditions.

Over the past year, real estate prices in Vesoul have shown a notable increase, reflecting broader trends in the French property market. According to recent data, the average price per square meter for residential properties in Vesoul rose from approximately €1,200 in 2022 to around €1,350 in 2023, marking an increase of about 12.5%. Single-family homes have experienced a similar trend, with the average price climbing from €180,000 to €200,000 for a typical three-bedroom house. In contrast, smaller apartments saw a more modest rise, with prices moving from about €90,000 to €95,000. Popular neighborhoods, such as the historic center and areas near the train station, have been particularly sought after, leading to increases in listing prices by as much as 15% in the last year. Additionally, the growing appeal of Vesoul as a commuter town has contributed to heightened demand, further pushing prices upward.

Several factors influence real estate prices in Vesoul, particularly local economic conditions, property characteristics, and proximity to amenities. The average price per square meter for residential properties in Vesoul is around €1,500, though this can vary significantly; for example, charming historical homes in the city center may command prices as high as €2,000 per square meter, while apartments in less desirable neighborhoods could be available for about €1,200 per square meter. The local employment market plays a pivotal role, with industrial activity in the area driving demand for both rental and purchase properties. Additionally, the quality of local schools and healthcare services can affect desirability, as families often gravitate towards neighborhoods with good educational facilities, consequently inflating prices. Accessibility to transport links, such as the Vesoul railway station, also impacts real estate values, with properties situated near major transport routes typically listed at a premium of up to 10% compared to similar homes located further away. Lastly, seasonal trends, such as an increase in demand during the summer months, can lead to fluctuations in pricing, with a potential rise of 5%-7% during peak buying seasons.

Real estate prices in Vesoul have been observed to be somewhat competitive compared to nearby towns. As of late 2023, the average price per square meter in Vesoul hovers around €1,400, which positions it slightly higher than several neighboring towns like Lure, where prices average approximately €1,200 per square meter, and Gray, which sees rates around €1,300 per square meter. In contrast, towns such as Rioz have lower average prices, around €1,100 per square meter. Moreover, the prices in Vesoul reflect a modest growth trend, particularly in residential properties, attributed to its amenities and infrastructure. A three-bedroom house in Vesoul might sell for around €180,000, while a similar property in Lure could be priced closer to €150,000. This trend illustrates a nuanced landscape in real estate values across the region.

In Vesoul, residential properties, particularly single-family homes and older apartments, show the most significant price fluctuations. For instance, average prices for single-family homes have seen a variance ranging from €130,000 to €200,000 over the past two years, largely influenced by local economic conditions and demand shifts. Older apartments, especially those built before 1970, can fluctuate in price by as much as 15% depending on their condition and location within the city, with averages falling between €90,000 and €130,000. Meanwhile, new developments tend to hold their value more consistently, generally averaging around €2,500 per square meter, but can still experience dips during broader economic downturns. Commercial properties, while generally more stable, have also seen variations in rental rates, often shifting by 10% or more depending on the local business climate and vacancy rates. The interplay of these factors creates a dynamic real estate market in Vesoul, reflecting both local and broader economic influences.

Current real estate prices in Vesoul suggest a mixed landscape for potential buyers. As of late 2023, the average price per square meter for residential properties in the area hovers around €1,200, which is relatively low compared to larger French cities like Lyon or Paris, where prices can exceed €5,000 per square meter. However, certain neighborhoods in Vesoul show variability; for instance, properties in the more sought-after areas near the city center can reach up to €1,600 per square meter. In contrast, outskirts or less desirable locations may drop to around €800 per square meter. Recent data indicates that property prices in Vesoul have experienced a slight decrease of about 2% over the past year, suggesting a potential buyer's market. Additionally, the local rental yield in the area stands at approximately 6%, which may attract investors looking for decent returns. Homes with three bedrooms typically list around €150,000 to €200,000, while larger family homes with four or five bedrooms can range from €250,000 to €350,000, depending on their condition and location.

In Vesoul, property sizes significantly influence real estate prices, often reflecting the broader trends observed in the French market. For instance, a compact apartment of around 50 square meters in the city center might be priced at approximately €100,000 to €120,000, while a larger family home with about 150 square meters of living space can demand upwards of €250,000 to €300,000, depending on the specific location and condition of the property. Additionally, outdoor space can further elevate prices; homes that feature a garden or terrace may see increases of 10% to 15% in their market value. For example, a 100-square-meter house with a modest garden in a suburban area might list for around €200,000, but without that outdoor space, the same property could be priced closer to €180,000. Moreover, the properties in less desirable areas or farther from Vesoul's amenities tend to have lower price points; for instance, a 200-square-meter property on the periphery might be valued at €180,000, showcasing how size interacts with both location and demand in determining real estate costs.