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Population Growth in Ankara and Its Effect on Real Estate Prices

Ankara is gaining value in the real estate market due to its rapidly growing population and increasing demand. While the most valued neighborhoods and regions with high investment potential come to the fore as of 2024, population growth directly affects the housing market.

18 February 2025 11:535 min reading
Ankara is gaining value in the real estate market due to its rapidly growing population and increasing demand. While the most valued neighborhoods and regions with high investment potential come to the fore as of 2024, population growth directly affects the housing market.

Ankara stands out as one of the fastest growing cities in Türkiye. Population growth in Ankara directly shaped both the demographic structure and the real estate market. Due to increasing demand, prices in the real estate market in Ankara have appreciated rapidly in recent years.

So, why did the population growth in Ankara accelerate? How is this shaping the housing market and investment opportunities? Which are Ankara's most valuable districts and regions with high investment potential as of 2024?

The Relationship Between Population Growth and Housing Demand in Ankara

In recent years, population growth in Ankara stands out as one of the most important factors that directly affects housing demand. According to the Central Bank of the Republic of Turkey (CBRT) data, housing prices across Türkiye increased by 31.9% on an annual basis in January 2025. In Ankara, this rate is above the country average with 36.6%. 

The increase in job opportunities in Ankara and the increase in the number of universities accelerated migration to the city. New infrastructure projects and developing social services also support this trend. These developments increased real estate values ​​and put pressure on housing prices in Ankara. At the same time, the environmental impacts of this increase should also be taken into account.

Profile of the Population Migrating to Ankara

Ankara is rapidly changing its demographic structure with the migration it receives from various regions. Population growth in Ankara is driven mostly by young and educated individuals.

Who is migrating to Ankara?

  • University students and recent graduates
  • Professionals working in technology and the public sector
  • Families and white-collar workers

This situation also changes housing preferences and trends in the real estate sector. The young and dynamic population prefers more modern and comfortable living spaces.

The demand for houses for sale and rent has increased significantly, especially in regions such as Çankaya, Yenimahalle and Gölbaşı. Central districts such as Çankaya and Yenimahalle are among the regions most affected by this intense demand, and significant increases in the value of flats for sale and rent are observed.

Reflection of Demand Increase on Housing Prices

Increasing demand for housing causes prices to rise rapidly. Especially luxury villas in Gölbaşı and investment residences in Pursaklar are gaining value by attracting great interest. This trend observed in the rental and sale housing market in Ankara attracts investors to these regions. In addition, population growth in Ankara increases the demand for housing and pushes prices up. 

As of the end of January 2025, according to Makro Life data, house prices for sale in Ankara have increased by 30.74% in the last year. The price increase and average square meter prices of some popular areas are examined in the table below.

district

Price Increase (%)

Average m² Price (TL)

Cankaya

%38,09

39.747 ₺/m²

Yenimahalle

%33,54

31.453 ₺/m²

Etimesgut

%29,18

29.151 ₺/m²

Gölbaşı

%34,08

47.588 ₺/m²

These price changes offer profitable options for those who want to invest in Ankara.

Factors Affecting Real Estate Prices in Ankara

There are many basic factors that determine real estate prices, and population growth in Ankara increases housing demand and directly affects prices. But this is not the only factor. Inflation and the increase in construction costs also push prices up.

Supply-Demand Balance and Price Fluctuations

Ankara's housing market frequently experiences supply-demand imbalances. Although the housing supply and demand balance is positively affected by the increase in projects, on the other hand, it causes price fluctuations with the increase in demand due to the increase in population in Ankara. These imbalances create opportunities and risks that investors should monitor carefully. Sudden price changes can directly affect the decision-making phase. Therefore, careful analysis and constant market monitoring are of great importance for investors.

Inflation and Increase in Construction Costs

Inflation affects the general economic situation directly and the real estate sector indirectly. Likewise, the increase in construction costs also puts pressure on real estate prices. Therefore, investors should take into account the basic economic indicators that determine the reason for the price increases following the population increase in Ankara. Additionally, fluctuations in the cost of construction materials may extend the completion time of projects and therefore affect the supply of housing in the market.

Popular Housing Areas and Price Changes in Ankara

Population growth in Ankara increases the mobility in the housing market, causing investors to turn to certain regions. Districts such as Çankaya, Yenimahalle and Gölbaşı are among the regions most affected by this increase. Price changes in these areas and the opportunities they offer have an important place in investment decisions.

Newly Developing Regions Suitable for Investment

Although Ankara has a constantly developing structure, it attracts attention with urban transformation and new projects. Regions such as Bahçelievler and Ankara Batıkent are developing rapidly with new projects. This development is supported by infrastructure improvements and increased quality of life. At the same time, affordable prices in these areas also offer attractive opportunities in terms of real estate investment trends. 

Housing Price Increase Rates in Central Regions

The high demand for housing in the center causes the prices of houses for sale and rent to constantly increase along with the population growth in Ankara. Especially in popular districts such as Çankaya and Kavaklıdere, the increase rates in housing prices are more pronounced and faster compared to other regions. While this makes owning a house in central locations attractive, it also offers important opportunities for investors. Those planning to invest in housing in the central districts of Ankara should carefully evaluate this price increase trend.

What to Consider When Investing in Housing in Ankara?

It is very important to determine the right strategy for individuals planning to invest in housing in Ankara. While mobility in the housing market increases with population growth, especially in Ankara, those considering purchasing should carefully analyze the regional development potential, infrastructure projects and general economic trends.

What should be taken into consideration for a housing investment that provides high returns?

  • Regional growth and population growth: Which districts receive immigration?
  • Infrastructure projects: How do new metro lines and transportation projects affect costs?
  • Supply-demand balance: In which regions is housing demand high?
  • Rental income: What trend do rental prices follow in the districts where investments are made?

Ankara real estate consultants can guide investors by analyzing the population growth and changes in the housing market in Ankara. Especially Ankara Çankaya flats for sale and developing regions such as Yenimahalle, Etimesgut and Gölbaşı are among the locations with high investment potential in the long term. Infrastructure projects and increasing housing demand in these regions contribute to the steady increase in real estate values.

Regional Price Analysis and Future Projection

For a correct investment, price analysis and future projections of the regions are very important. Especially regions with high development potential can offer high returns in the long term. Factors such as proximity to the city center, social facilities and infrastructure developments are among the important factors that increase the attractiveness of the regions. In this context, real estate valuation stands out as a critical tool for investors.

Housing Types with the Highest Return on Investment

The return on investment of different housing types may vary by region. Real estate experts in Ankara use Makro Life data to analyze which housing types provide higher returns in which regions. These analyses, including data such as population growth and housing demand in Ankara, help investors make informed decisions and serve as an important guide in terms of return on investment. In this regard, investors can make more strategic and profitable choices in the long term.

Future of Real Estate Market with Population Increase in Ankara

The real estate market in Ankara has always been the center of attention with its rapidly growing population, developing infrastructure and attractive options. Population growth in Ankara increases the demand for housing, causing the prices of housing for sale and rental to rise. It is expected that the market will become even more dynamic in the future thanks to various reforms, urban transformation projects and regional investments.

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