REEN · Location Intelligence · Measured data

Merkez, Elazığ

Momentum · yeterli veri yok

Merkez is a central neighbourhood in Elazığ characterized by a diverse real estate market including residential and land assets. The area features a wide range of price points across different property types, with residential units priced at a median of ₺27,486/m² (regional listing data).

Deprem bölgesi2 · PGA 0.39gil bazlı
3D Location · satellite + terrain · UAVT / Valhalla

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3D · satellite + terrain

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Query TKGM block / parcel
Snapshot · measured
2.629

Land · ₺/m²

10 listings · for sale
7.500

Rent ₺/mo

7 listings
01 · Area thesis

The location's thesis.

The neighbourhood serves as a dual-purpose market for both residential occupants and land investors, evidenced by the simultaneous presence of active residential listings and various land/plot categories (regional listing data).

Property types · measured median ₺/m²

Housing, land, commercial and building — by type.

625

Arazi

₺/m² · 32 listings · medium confidence
2.629

Arsa

₺/m² · 10 listings · medium confidence
27.486

Konut

₺/m² · 9 listings · medium confidence
Measured price · all property types · regional listing data

₺/m² by property type.

The market shows a distinct hierarchy between property types: residential units command a median of ₺27,486/m², while land (Arsa) is priced at a median of ₺2,629/m² and larger land parcels (Arazi) at ₺625/m² (regional listing data). The significant spread between residential and land values suggests a market where developed housing carries a substantial premium over undeveloped plots. The residential price range (₺26,228–₺30,548/m²) indicates a relatively concentrated pricing structure for housing compared to the broader land market.

Location · accessibility · UAVT + OSM + Nominatim

Surroundings & transit.

As the central district of Elazığ, the location serves as a primary hub for the province, though specific walkability and transit data are not provided in the current dataset.

Investment outlook · observed trend

Investment assessment

The investment profile is defined by the availability of both residential and land assets, with land prices showing a wide reasonable range (₺388–₺1,439/m² for Arazi), which may indicate opportunities for different entry points. Residential assets are positioned at a median of ₺7,750,000 per unit (regional listing data). Given the high national mortgage interest rates of 41.87%, the market is likely driven by cash buyers, which may influence transaction velocity (TCMB, national data).

Not a hard forecast; inference from observed trend + macro context. Not investment advice.

REEN NETWORK

Related Regions

Method & sources

This analysis relies on regional listing data, national macro-economic indicators (TCMB), and regional earthquake hazard profiles. It does not account for micro-level zoning changes, specific parcel soil conditions, or future shifts in interest rates and the wider economy.