Average real estate prices in Qafar neighborhood, Hail (2026)

Qafar Summary (2026): Median price per sqm in Qafar, Hail is 290 SAR/m². Recorded transactions: 464. Compound annual growth: -16.5%. Source: Raghdan Real Estate Platform (raghdan.sa).

Overview of Qafar District

Qafar is located in Hail and is considered an active real estate area. This page provides comprehensive analysis of the property market in the district, helping investors and buyers make informed decisions.

Qafar Market Data

Real estate data for Qafar, Hail — Raghdan Real Estate 2026
MetricValue
Average Price per sqm290 SAR/m²
Recorded Transactions464
Year-over-Year Change-16.5%

Qafar Compared to Other Hail Districts

Qafar ranks 97 out of 124 priced districts in Hail by average price per square meter. Its average of 290 SAR/m² is below the Hail average of 729 SAR/m² by 60.2%. For context, the most expensive district in Hail is Ahala Aqdh (2,625 SAR/m²) and the most affordable is Ghrb Alqaad 35 Km Shmal Hail (9 SAR/m²).

Available Data

  • Average price per square meter in Saudi Riyal
  • Total number of executed real estate transactions
  • Year-over-year price change percentage
  • Comparison with city average
  • Price trend analysis over the years
  • Historical data from 2018 to 2026
Back to Hail
Balanced MarketHail · Southwest of the CityLast updated: August 7, 2026

Residential Property Index — Qafar

A visual read of the Qafar residential market and average prices, trading volume, value trend, and where it sits among the city's neighborhoods.

Median Residential Price per m²
290/ m²
Key Indicators

Neighborhood Performance Overview

Compound Annual Growth
-16.5%
20232025·excludes partial 2026
Common Trading Range
280300
Half of all deals fall inside this range
Recorded Transactions
464deals
cumulative · 2023 - 2026 (Q2)
Price Calculation Period
12months
last deal 2026-06-30
Market Position

Where does Qafar sit on Hail's price map?

From the bottom 5% of neighborhoods (168) to the top 5% (1,582) — this is where Qafar lands.

Rank among 119 residential neighborhoods in Hail
#97most expensive
Difference vs. city average
-54%below average
Priced above 21 neighborhoodsIn the top 82% of Hail's residential neighborhoodsCity neighborhoods average636/m²
Visual Analysis

Market Insights in Numbers and Charts

Value trends, transaction volume, and comparison with neighboring districts.

Price per Square Meter Trend

2026 partial

Value in SAR per square meter

Average price per m²Incomplete period

Annual Transaction Volume

2026 partial

Documented transactions per period

Complete yearMay still rise

Sale transactions by property classification

Share of each classification of all sale transactions · 2023 - 2026 (Q2)

Market Analysis

Neutral data reading

A description of what the data shows, with no buy or sell recommendation.

Price tier

Price level: low. A square metre in Qafar costs 290 SAR — the median of 186 residential transactions over the last 12 months. That is 54% below the city districts average (636 SAR), placing the district 97th of 119 by price per square metre.

Value trend

Value trend: declining. The price per square metre fell 16% a year between 2023 and 2025 — that is a total drop of about 30% over 2 years. 2026 data is still partial and is excluded from the calculation. The reading is current to the last valid transaction on 2026-06-30.

Market activity

Market activity: high. The district has seen 464 transactions since 2023, averaging about 250 a year and peaking at 278 in 2023 — the 20th of 119 by trading volume. Recent months' transactions arrive late from the Ministry of Justice, so their count rises later.

Professional Analysis

A Deeper Reading of Sale Market Movement

Indicators derived from executed sale transactions, measuring trading activity, price direction and liquidity over time.

Sale market activityHigh activity

Qafar recorded an average of 15.5 executed sales per month over the twelve-month window (186 transactions), placing it in the top 19% of Hail districts by trading activity. Compared across 35 eligible districts; city median 4.7 per month. This describes executed-transaction pace — not market share.

Market status

Summary of executed sale transactions and market status in the current data window

PRO
Executed sale transactions
186
transactions over a 12-month window
Median transaction area
449
Median area of executed transactions in the same classification
Common price per sqm range
280300 SAR/m²
About half of transactions fall within this range
Last documented transaction
June 30, 2026
Most recent executed sale within the data window

Executed price per sqm trend

Median price per sqm of executed transactions across the last 6 published months through the end of Q2 2026

PRO
272296320345369JanFebMarAprMayJun

Median price per sqm moved from 290 to 300 SAR/m² between January 2026 and June 2026 — up 3.4%, across the months with a sufficient sample of executed sale transactions in the same classification, within January 2026 — June 2026.

Monthly sale transaction volume

Executed sale transactions per month across the last 6 published months through the end of Q2 2026

PRO
081624322713175624JanFebMarAprMayJun

92 sale transactions were recorded across the six months shown, averaging 15.3 per month. Peak activity was in January 2026 with 27 transactions. Window January 2026 — June 2026, the last 6 published months through the end of Q2 2026. Recent-month counts may increase as transaction registration is completed.

Valuation & Outlook

Investment opportunity index and price paths

A composite index with declared components, and three possible price paths instead of a single figure implying a certainty that does not exist.

Investment opportunity index

Composed of four components with declared weights

PRO
41Limited score0100
Value vs city (weight 30%)43

Price ranks at the 16th percentile and growth at the 1th among 35 eligible districts — the score measures the gap.

Growth momentum (weight 30%)1

Compound annual growth of -16.5% over 2 complete years, ranked within the city.

Liquidity (weight 25%)81

The district's rank in executed-transaction pace — the same measure as the sale activity indicator.

Data confidence (weight 15%)53

History depth (2 years), transaction density (186) and publication recency.

Score = weighted average of the components above (weights total 100%) = 41

This index compares districts; it is not investment advice. A high score does not guarantee a return, and a low one does not mean avoiding the district.

Decision tool

Is the price you were offered fair?

Enter the area and asking price to see where it sits against the market median for the same size segment.

Your figure is compared against this district's published common range within its classification — not the city average.

Within market range

Your price per sqm is 290 SAR/m², against the district median of 290 SAR/m² — a difference of 0.0%.

The price falls within the common range for this segment in the district. The district's common range is 280 to 300, across 186 executed transactions.

Figures are statistical indicators from documented transactions and may differ from any individual property.2023 - 2026 (Q2)

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