The short answer: in El Peñol, the median asking price for land is about US$42 (COP 130,000) per square meter of lot, as of 17 Sep 2026, with most of the active inventory between US$33 and US$63. Land and construction are measured on different bases and differ by roughly an order of magnitude, so the table below keeps them apart rather than averaging them into a number that describes nothing.
Median price per m² in El Peñol
estimate An estimate from comparable properties and assumptions. Not a promise.
| Type | Measured on | Median and typical range per m² | Per sq ft |
|---|---|---|---|
| Land | m² of lot | US$42 COP 130,000 Most US$33 – US$63 US$3.86 per sq ft | US$3.86 |
| Fincas | m² of lot | No publishable figure | |
| Town houses | m² built | No publishable figure | |
| Country homes | m² built | No publishable figure | |
The median is the middle of the market; the range is where most of the active inventory sits. A property outside the range is not mispriced for being outside it, but it does deserve an explanation.
Figures as of 17 Sep 2026. These are ASKING prices from currently active listings, not deed (escritura) values, and not an appraisal.
USD is approximate, converted at the official TRM of COP 3,128.46 on 17 Sep 2026. COP is the source of truth.
A type with no figure has too little active inventory in El Peñol, or inventory too unlike itself, to publish a median we would stand behind. We would rather publish nothing than a number that describes no actual property.
How we knowFigures as of September 17, 2026. Prices: active listings we verified ourselves; USD rate: TRM 3,128.46 COP per US$1, valid September 17, 2026 (Banco de la República, via datos.gov.co).
How to read this
A median is the middle of the market: half the active listings ask more, half ask less. It travels better than an average because a single trophy property cannot drag it around. Use it to ask a better question, not to settle one. If a property in El Peñol is priced well above the median for its type, the honest question is what justifies it, whether that is reservoir frontage, paved access to the door, or a recently built home. If it sits well below, ask what explains the discount, because sometimes the answer 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, performed on one specific property by someone who visits it. It is also not a record of what properties sold for: Colombian sale prices are recorded in the escritura and are not public, so every figure here is what sellers are currently ASKING. Asking prices lead closing prices, and in this market they lead them by a margin worth negotiating over.
Price per m² nearby
The full table for every municipality we cover puts them side by side, and our guide to buying in El Peñol covers what the figures do not: access, water, stratum and title. Our marketplace publishes its own price index for El Peñol over a wider set of listings.
Want this run on a specific property?
Send the municipality, the lot and built area, and the asking price. We will tell you where it sits against comparable active inventory in El Peñol, and what we would ask the seller.