Modi'in Illit Real Estate Guide 2026

Overview

Character and Identity: Modi'in Illit is a city in Israel with a population of approximately 87,100 residents. A developing area with significant growth potential.

Residential Character: The area offers apartment housing options. The area appeals to young families and investors looking for value.

Real Estate Market: The market trend is stable with medium momentum. Annual price growth stands at 4%.

Investment Perspective: Budget-friendly entry point for first-time investors with room for growth.

Property Prices

  • T0 tier — Average new build: ₪18,500/m²; Average resale: ₪16,800/m²
  • T1 tier — Average new build: ₪17,800/m²; Average resale: ₪16,200/m²
  • T2 tier — Average new build: ₪17,200/m²; Average resale: ₪15,500/m²
  • T3 tier — Average new build: ₪16,500/m²; Average resale: ₪14,800/m²

Rental Yields

  • T1 tier: 3.7%
  • T2 tier: 3.6%
  • T3 tier: 3.5%

Market Outlook

Annual price growth: 4.0% · Forecast: cautious · stable

Housing Stock

Area: Jerusalem District · city · Investment category: budget · Population: 87,100 · 18,500 apartments · 700 new units/year

Highlights

  • Affordable entry prices for investors
  • Steady price appreciation of 4% annually
  • Major urban center with full amenities

Community Profile

Ultra-Orthodox community with strong internal housing demand and unique market dynamics.