In short
Appraisal values in Yucatán changed by +8.7% over a year (SHF index, second quarter of 2026). The average fixed-rate mortgage offer was 11.29% in September 2026 (Banco de México).
Yucatán ranks 7th of 32 for appraisals. The SHF median for mortgaged homes between January and June 2026 is MX$1,485,687, above the national MX$1,299,580, with a mean of MX$2,019,785 and a central band from MX$975,100 to MX$2,342,968. The SHF index gained 8.7% across the latest year, 8th of 32, where the national figure is 7.3%, and Mérida's own index reads 8.5%.
Lending is a little above the median entity: 10,253 home loans reached individuals in 2025, MX$1,228,334 apiece, or 4.4 per 1,000 of the 2,320,898 residents against 3.8. Rented homes are only 10.9% of the total, 25th highest, with the median at 14.4%.
The municipalities on Payotte diverge on tax for a MX$3 million home: Mérida MX$97,000, Progreso MX$120,000 and Valladolid MX$120,000. The recording fee is a fixed MX$1,490. Real estate agents appear in a state registry kept by Insejupy, without a licence.
The law behind the fee is article 59 of the state finance law, last reformed on 26 December 2025. The agent registry comes from article 123 Bis of the law that created the institute, with a regulation published on 21 May 2025.
Mérida is the only Yucatán municipality on Payotte with its own price index, and the city tracks the state closely. Progreso and Valladolid have none, so their figures lean on the state data.
Data as of 15 October 2026: SHF appraisals of January to June 2026, SNIIV loans of 2025, INEGI ENIGH 2024, 2026 tax laws.
Calculate for Yucatán
Buying: in Yucatán the acquisition tax is set by each municipality. Payotte computes it on the pages of: Mérida, Progreso, Valladolid. Mortgage calculator.
The questions, answered
How much acquisition tax on a MX$3 million home in Yucatán?
It depends on the municipality: on a MX$3 million home in Yucatán, MX$97,000 in Mérida, MX$120,000 in Progreso, MX$120,000 in Valladolid, under the 2026 laws read by Payotte.
Are home prices rising in Yucatán?
The SHF price index for Yucatán changed by +8.7% between the second quarters of 2025 and 2026, against +7.3% for Mexico; it measures appraisal values of homes bought with a mortgage (Sociedad Hipotecaria Federal).
What does a home cost in Yucatán?
From January to June 2026, homes bought with a mortgage in Yucatán were appraised at a median of MX$1,485,687 and a mean of MX$2,019,785; half of them were appraised between MX$975,100 and MX$2,342,968 (SHF). These are appraisal values, not sale prices.
What monthly payment on a MX$3 million home in Yucatán?
MX$2,400,000 borrowed (20% down) costs MX$25,248 a month over 20 years at 11.29% (Banco de México, September 2026); average CAT 13.76%.
How much tax when you sell a home in Yucatán?
Federal rules apply in Yucatán as in every state: a seller who is not a Mexican tax resident pays by default 25% of the gross price (LISR art. 160), MX$750,000 on a MX$3 million sale, paid by the notary; a resident selling their own home is exempt up to 700,000 UDIS, about MX$6,218,823 at 4 November 2026 (art. 93-XIX-a).
How Yucatán compares
Yucatán sets no single rate: the acquisition tax is municipal, and Payotte computes 3 of its municipios. On a MX$3 million home it runs from MX$97,000 in Mérida to MX$120,000 in Valladolid, with Progreso MX$120,000 between; the spread is MX$23,000, 1.2 times the lowest. The median of all 54 areas computed is MX$75,000.
The recording fee of Yucatán depends on the state alone: MX$1,490 on MX$1 million, MX$1,490 on MX$3 million and MX$1,490 on MX$8 million, the same at every price, with a fixed part of MX$1,490.
In Yucatán, homes bought with a mortgage were appraised at a median of MX$1,485,687 from January to June 2026: the 7th highest of the 32 entities, 14.3% above the national median of MX$1,299,580. The mean, MX$2,019,785, is 1.36 times the median, a sign of a few very expensive appraisals pulling it up; the upper quartile bound is 2.4 times the lower one. In that picture, a MX$3 million purchase is above the upper quartile bound of MX$2,342,968, in the top quarter of mortgage-financed homes.
The SHF price index of Yucatán rose +8.7% in a year, 1.4 points faster than Mexico's +7.3%: 8th of 32 entities ranked. The 2025 SNIIV count is 10,253 home loans to individuals in Yucatán, 4.4 per 1,000 residents of the 2020 census (median entity: 3.8), for an average of MX$1,228,334, 0.83 times the median appraisal. 10.9% of homes are rented there (2024), below the median entity's 14.4%, 25th highest.
A buyer at the state median appraisal with 20% down borrows MX$1,188,550; at the Banco de México average of 11.29% over 20 years that is MX$12,504 a month, against MX$25,248 for the MX$3 million example of this page.
| Measure | Value | Reference | Rank |
|---|---|---|---|
| Median appraisal | MX$1,485,687 | Mexico MX$1,299,580 | 7th of 32 |
| Mean appraisal | MX$2,019,785 | Mexico MX$1,960,032 | 10th of 32 |
| Quartiles of appraisals | MX$975,100 to MX$2,342,968 | Mexico MX$843,000 to MX$2,226,101 | ratio 2.4 |
| SHF price index, one year | +8.7% | Mexico +7.3% | 8th of 32 |
| Home loans to individuals, 2025 | 10,253 | average MX$1,228,334 | 17th of 32 |
| Loans per 1,000 residents | 4.4 | median entity 3.8 | 12th of 32 |
| Residents, 2020 census | 2,320,898 | 1.84% of Mexico | 22nd of 32 |
| Homes rented, 2024 | 10.9% | median entity 14.4% | 25th of 32 |
| Municipios computed | 3 | 3 listed | from MX$97,000 to MX$120,000 |
The figures
| Measure | Value | Source |
|---|---|---|
| SHF price index, Yucatán, change over a year | +8.7% | SHF, Q2 2026 |
| SHF price index, Yucatán, change over a year | +8.7% | SHF, Q2 2026 |
| Median appraisal value, Yucatán (Jan.-June 2026) | MX$1,485,687 | SHF |
| Mean appraisal value, Yucatán (Jan.-June 2026) | MX$2,019,785 | SHF |
| Home loans to individuals, Yucatán, 2025 (new and existing homes) | 10,253 | SNIIV |
| Average amount of those loans | MX$1,228,334 | SNIIV |
| Share of homes rented, Yucatán (2024) | 10.9% | Payotte calculation, INEGI ENIGH 2024 |
| Average fixed-rate mortgage offer (Sep. 2026) | 11.29% | Banco de México, CF303 |
The SHF publishes home prices in pesos by state only; for a municipality it publishes an index, not a price. The share of rented homes is Payotte's weighted count on 2,757 sampled homes of Yucatán in INEGI's ENIGH 2024, without a margin of error.
Municipalities of Yucatán on Payotte
Sources
- Recording fee: Ley General de Hacienda del Estado de Yucatán, art. 59-I and II (last reform D.O. 26 Dec. 2025).
- Prices: Sociedad Hipotecaria Federal, Índice SHF de Precios de la Vivienda en México, second quarter of 2026 (press release 05/2026, 10 August 2026), consulted 2026-10-15 (data).
- Loans: SEDATU, Sistema Nacional de Información e Indicadores de Vivienda (SNIIV), open data « Financiamientos » 2025; Banco de México, SIE, Tasas de Interés de Crédito a los Hogares (CF303), Indicador del Costo de Créditos Hipotecarios, September 2026.
- Renting: INEGI, Encuesta Nacional de Ingresos y Gastos de los Hogares (ENIGH) 2024, housing microdata; share of rented homes computed by Payotte, no margin of error.