Pakistan · Asia · Population: 16,000,000
Karachi is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $45,000 average home price in Pakistan, buyers should consider the 5.2x price-to-income ratio when planning a purchase.
| Average Home Price | $45,000 |
| Price per sqm | $800 |
| Price-to-Income Ratio | 5.2x |
| Mortgage Rate | 15.0% |
| 1-Year Price Change | +8.2% |
| 1-Bedroom Apartment | $200/mo |
| 3-Bedroom Apartment | $380/mo |
| Rent-to-Income Ratio | 25% |
| Median Household Income | $8,500/year |
| Years to Buy (at median income) | 5.2 years |
| Local Currency | PKR |
With a price-to-income ratio of 5.2x, Karachi offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 8.2% in the past year.
Cities worldwide with home prices closest to Karachi
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