Real estate prices in Jena are influenced by several key factors, including location, demand, and economic conditions. Proximity to institutions such as the Friedrich Schiller University can drive up property values, particularly for student housing and rental units, as the influx of students creates consistent demand. Additionally, the city's developing infrastructure, including public transportation and road networks, plays a significant role, with areas near the tram lines or major bus routes often commanding higher prices. The local economy also impacts real estate; for instance, Jena's status as a center for high-tech industries and research has attracted skilled workers, thereby increasing demand for residential properties. Furthermore, factors such as the historical architecture and cultural attractions contribute to the desirability of certain neighborhoods, influencing price dynamics in the real estate market.