The largest spa resort in the Alps at the foot of its cirque of cliffs, Leukerbad, Loèche-les-Bains in French, lives off spa tourism and the mountains.
Flat prices in Leukerbad run at CHF 5,300 per m², a level that has stayed in step with Valais. A commune like this one moves with the cantonal cycle rather than against it, so the wider trend is a fair guide for your own estimate. Out of 67 communes measured in Valais, Leukerbad sits at position 40. The communes immediately above and below are the ones a buyer will actually compare against, far more than the cantonal average.
The last twelve months added 4.1 percent in Leukerbad. Rises of this order usually come from a shortage of listings rather than from a wave of new buyers, and they unwind faster than they build. Within the Leuk district, Leukerbad lands 18 percent from the local median. A cantonal average mixes city and countryside, so it flatters some communes and penalises others. The district figure removes most of that distortion.
1961-1970 accounts for 18 percent of homes in Leukerbad, ahead of the other periods without dominating them. A mixed stock widens the price range inside one commune: two flats of the same size can be a third apart on condition alone. At 2.2 rooms and 58 m² on average, homes in Leukerbad are sized for households rather than single occupants. If you are looking for a studio or a two-room flat, expect a thinner choice and less room to negotiate. CHF 5,300 per m² is the working reference for a flat in Leukerbad, 4 percent from Valais. Take it as a starting point: in a commune this size, the spread between the cheapest and the dearest street is often wider than the gap to the canton.
Over 25 years the median moved from CHF 4,000 to CHF 8,000 per m², a change of +100 percent. That is the market, not your property: a flat renovated in the meantime followed a different curve entirely. Transaction volume in Leukerbad is high enough that one unusual sale does not distort the medians. That matters, because thin markets are where automated estimates go furthest wrong and where a local opinion earns its keep.
Leukerbad is a market where recent comparable sales exist and mean something. An estimate here has solid ground to stand on, provided it starts from your surface, your floor and the age of your building.
Building stock data: Federal Register of Buildings and Dwellings, FSO, updated August 3, 2026
Market data updated on August 24, 2026
A range set against the price levels of your commune and the profile of your property.
Value my property →CHF 5,300 per m² is the current median for flats in Leukerbad. It covers every sale, new and old, so a renovated flat sits above that line and one still needing works sits below it.
Houses in Leukerbad are valued around CHF 5,400 per m² of living space. The plot weighs heavily on that figure, so two houses of identical size can be far apart in price if one has land around it and the other has none.
18 percent of homes in Leukerbad date from 1961-1970. That age band sets the technical agenda for a buyer here, since insulation, heating system and windows are what decide running costs for the next twenty years.