Merchant City property market
Updated 4 October 2026 · refreshed daily
82 for sale · Glasgow £175k
| Market | Range low | Median | Range high |
|---|---|---|---|
| Merchant City | £145,000 | £175,000 | £225,000 |
| Glasgow | £130,000 | £175,000 | £249,000 |
Each band covers the middle half of asking prices.
- A typical 2-bed asks £199k here, compared to £170k across Glasgow
- Flats are 91% of what's for sale, compared to 75% across Glasgow
More homes left the market in Merchant City than came onto it
↓ 22% · was 23
↑ 8% · was 12
↑ 9% · was 23
we need a longer tracking history here before this is reliable
Changes compare with the prior 30 days.
We're still expanding our listing coverage in Merchant City, so rises here partly reflect us seeing more of the market, not just market activity.
Asking prices
Where homes in Merchant City sit by price band, against Glasgow
38% of homes in Merchant City ask £150k–200k, the most common band
28% of Merchant City listings ask under £150k, a smaller share than Glasgow (36%)
| Price band | Merchant City listings | Merchant City share | Glasgow share |
|---|---|---|---|
| <£100k | 5 | 6% | 11% |
| £100k–150k | 18 | 22% | 25% |
| £150k–200k | 31 | 38% | 25% |
| £200k–250k | 17 | 21% | 15% |
| £250k–300k | 6 | 7% | 9% |
| £300k–400k | 2 | 2% | 9% |
| £400k–500k | 1 | 1% | 3% |
| £500k+ | 2 | 2% | 4% |
Prices by property type
Current listings and Land Registry sales in Merchant City, set against Glasgow
Flats are 98% of homes for sale in Merchant City, against 75% across Glasgow
| property type | Merchant City | Glasgow |
|---|---|---|
| Flats (80 for sale) | £98 | £75 |
Flats in Merchant City ask £173k, 8% more than Glasgow flats (£159k)
Median asking price of current listings; the count under each row
| property type | Merchant City | Glasgow |
|---|---|---|
| Flats (80 for sale) | £172,500 | £159,000 |
Flats in Merchant City ask £276 per sq ft, 22% more than Glasgow flats (£227 per sq ft)
Current listings with a known floor area
| property type | Merchant City | Glasgow |
|---|---|---|
| Flats (32 with a floor area) | £276 | £227 |
Sold price by property type in Merchant City
Not enough sales in Merchant City to show this yet.
Sold price per sq ft by property type in Merchant City
Not enough sales with a known floor area in Merchant City to show this yet.
Median asking price by size in Merchant City, from 1 bed at £150k
| size | Merchant City | Glasgow |
|---|---|---|
| 1 bed (26 for sale) | £150,000 | £130,000 |
| 2 beds (48 for sale) | £199,000 | £170,000 |
Median asking price for every size and type on the market in Merchant City
| Size | Flat | Penthouse | Maisonette | Terraced | All types |
|---|---|---|---|---|---|
| 1 bed | £150k25 | n/a | n/a | n/a | £150k26 |
| 2 beds | £198k45 | n/a | n/a | n/a | £199k48 |
| All sizes | £170k75 | n/a | n/a | n/a | £175k82 |
Median asking price, with the number for sale below it. Combinations with fewer than 5 listings are shown as n/a. Types shown are the four most common in the area.
Price per square foot
33 listings with a known floor area
Glasgow: £237 per sq ft
What listings offer
Merchant City has fewer gardens and less parking than Glasgow.
Fewer gardens than Glasgow
27% of listings have a garden; Glasgow: 63%. 22 of 82 listings have a garden. Counted from listing descriptions, so treat as a lower bound.Less parking than Glasgow
45% of listings have parking or a garage; Glasgow: 51%. 37 of 82 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.Current listings worth a look
Picked by simple rules, not adverts: cheapest, most space, gardens
St. Andrews Street, Glasgow, G1 5PA
As of 4 October 2026
Gallowgate, Glasgow, G1 5AX
As of 4 October 2026
Albion Street, Glasgow, Glasgow City, G1
As of 4 October 2026
Dunlop Street, Glasgow, G1
As of 4 October 2026
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Current listings around Merchant City
| Area | For sale | Median asking | Median 2-bed | Houses |
|---|---|---|---|---|
| Merchant City | 82 | £175k | £199k | 1% |
| Kelvingrove | 67 | £250k | £250k | 4% |
| Hillhead | 80 | £270k | £249k | 14% |
| Partick | 63 | £225k | £228k | 5% |
| Glasgow | 928 | £175k | £170k | 23% |
| Glasgowbenchmark | 928 | £175k | £170k | 23% |
Key facts about Merchant City
- Asking prices sit in line with Glasgow: the median listing in Merchant City asks £175,000 against £175,000 across Glasgow.
- Stock is shrinking: 18 homes came onto the market in the last 30 days and 25 left it; 16% of current listings have cut their asking price.
Merchant City property market: common questions
Where is Merchant City?
Merchant City is in central Glasgow, in City of Glasgow. Figures for Merchant City cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.
What is the average house price in Merchant City?
The median asking price across the 82 homes for sale in Merchant City is £175,000 (as of 4 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £145,000 and £225,000. That is in line with Glasgow.
Is Merchant City cheaper than Glasgow?
They are broadly in line. The median asking price in Merchant City is £175,000 against £175k across Glasgow: in line with Glasgow.
How many homes are for sale in Merchant City?
82 homes are on the market in Merchant City right now, 18 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.
Are house prices being cut in Merchant City?
13 listings in Merchant City had their asking price reduced in the last 30 days, about 16% of the homes currently for sale.
How much is a two-bedroom flat in Merchant City?
The median asking price for a two-bedroom flat in Merchant City is £199,000, across 48 current listings.
What is the price per square foot in Merchant City?
In Merchant City, current listings with a known floor area ask a median £275 per sq ft.
How these numbers are made
- Asking figures: Current listings we track across estate agents and portals (82 in Merchant City), refreshed daily, as of 4 October 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings. Figures for Merchant City cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.
- Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked Merchant City since May 2026.
- Glasgow comparisons: The same daily snapshot taken across the whole of Glasgow, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.