Kannur
The Kannur real estate market currently maintains a balanced pricing structure, anchored by a steady average rate of ₹4,350 per sq ft. Over the last few quarters, this figure has held firm, providing a predictable landscape for investors and homebuyers alike. Apartments continue to be a primary driver of this valuation, while the villa segment has experienced a price correction of -15.47%, offering a more accessible entry point for those seeking larger independent living spaces. Market participants should note that this stability in apartment pricing suggests a resilient demand for urban residential units. Developers remain focused on sustaining these value benchmarks as the city continues to evolve.
As of June 2026, the average asking price in Kannur stands at ₹4,350 per sq ft. This rate has remained stable with a 0% change compared to the previous quarter, indicating a period of price consistency in the local residential market.
Property prices in Kannur have shown a period of stability in recent months, maintaining an average asking price of ₹4,350 per sq ft as of June 2026. While the market saw higher valuations in September 2025 at ₹6,300 per sq ft, the current price point reflects a corrected and steady baseline for residential apartments.
As of June 2026, apartments in Kannur command an average asking price of ₹4,350 per sq ft, showing stable pricing with a 0% change over the observed period. In contrast, villas are currently priced at an average of ₹2,450 per sq ft, which represents a depreciation of 15.47% compared to the previous period, suggesting a notable shift in the valuation of independent house segments.
Investors evaluating Kannur should note the distinct price positioning between property types as of June 2026. Apartments remain the primary residential asset class with a stable average asking price of ₹4,350 per sq ft, while villas offer a lower entry point at ₹2,450 per sq ft. The recent 15.47% depreciation in villa rates highlights the importance of monitoring segment-specific trends before committing to capital allocation.
