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 3.316,7 on 14 Nov 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$1,336COP 4.431.525 |
| El Carmen de Viboral | US$78COP 258.337 | US$137COP 454.242 | US$1,903COP 6.310.458 |
| El Peñol | US$58COP 193.833 | — | US$2,491COP 8.260.631 |
| El Retiro | US$81COP 269.203 | — | US$2,618COP 8.682.359 |
| Envigado | US$158COP 524.901 | US$228COP 757.374 | US$2,477COP 8.214.286 |
| Guarne | US$60COP 200.000 | — | US$2,087COP 6.923.077 |
| Itagüí | — | — | US$1,264COP 4.193.548 |
| La Ceja | — | — | US$1,809COP 6.000.000 |
| La Estrella | — | — | US$1,645COP 5.456.140 |
| Marinilla | — | US$61COP 203.125 | — |
| Medellín | — | — | US$1,624COP 5.386.247 |
| Rionegro | — | US$119COP 394.157 | US$2,156COP 7.150.480 |
| Sabaneta | — | — | US$1,717COP 5.694.915 |
| San Jerónimo | US$72COP 240.000 | — | US$1,327COP 4.400.484 |
| San Vicente Ferrer | US$46COP 153.846 | US$57COP 189.563 | US$1,508COP 5.000.000 |
| Santa Fe de Antioquia | US$30COP 100.649 | — | US$1,939COP 6.429.783 |
| Sopetrán | — | — | US$1,389COP 4.605.263 |
How we knowFigures as of November 15, 2026. Prices: active listings we verified ourselves; USD rate: TRM 3,316.70 COP per US$1, valid November 14, 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.