Kozhikode
The real estate market in Kozhikode presents a steady landscape for both prospective homeowners and investors. Current property valuations reflect a balanced environment, with apartment segments showing consistent demand and price appreciation. Recent quarterly data indicates that prices have moved from ₹6,800 per sq ft in late 2025 to the current average of ₹6,400 per sq ft, offering attractive entry points for buyers. This price movement suggests a correction phase that often precedes long-term value accumulation in urban centers. Investors continue to monitor these trends closely to capitalize on potential growth within the residential sector.
The average asking price in Kozhikode is ₹6,400 per sq ft as of June 2026. This figure reflects a market depreciation of 1.57% when compared to the previous reporting period, indicating a slight softening in seller expectations or a shift in the current inventory mix available in the city.
Property prices in Kozhikode have shown a fluctuating trajectory over the past four quarters, moving from ₹6,800 per sq ft in September 2025 to ₹6,500 per sq ft in December 2025, followed by ₹6,400 per sq ft in March 2026 and reaching ₹6,650 per sq ft as of June 2026. This recent uptick suggests a recovery in demand as the market moved into the second quarter of 2026, signaling potential renewed confidence among buyers and investors in the residential sector.
As of June 2026, the average asking price for apartments in Kozhikode stands at ₹6,650 per sq ft. This category has demonstrated strong performance, having appreciated by 3.98% compared to the prior period, which highlights the sustained preference for apartment-style living and consistent demand within this specific residential segment.
