Puente de Vallecas

Created in 1987, with older roots

According to the City Council, the district was created in the restructuring of 28 March 1987, when the former Vallecas district was split in two: Puente and Villa. The municipality of Vallecas had joined Madrid by Decree of 10 November 1950.

The metro and immigration

By the late 19th century the Puente suburb and the Doña Carlota neighbourhood already existed, farming areas with single-storey houses and small gardens. The construction of the metro at Puente de Vallecas in 1924 drove expansion, and the biggest growth came between the 1940s and 1950s with the arrival of a large immigrant population.

Residential, commercial and artisan

Today residential and commercial functions predominate, and an interesting artisan industry remains. Its six neighbourhoods are Entrevías, San Diego, Palomeras Bajas, Palomeras Sureste, Portazgo and Numancia, and its festival is on 16 July, in honour of the Virgen del Carmen.

What it means for buyers and sellers

• In July 2026 it is the 20th most expensive of Madrid's 21 districts by median closing price.
• The district's neighbourhoods differ from one another: compare homes in the same neighbourhood and of the same type, not the district average.

Source for the historical context: Madrid City Council (Puente de Vallecas district page).

Data and statistics

Puente de Vallecas is a district of Madrid. It is made up of 6 neighbourhoods: Entrevías, Palomeras Bajas, Palomeras Sureste, San Diego, Portazgo and Numancia. According to the City of Madrid, it covers 1,496.86 hectares and had 257,924 inhabitants on 1 January 2026.

In July 2026, the median price of completed sales in the Puente de Vallecas district was €3,351/m². Since January (€2,946/m²), the figure rose in 3 months and fell in 3 of the 6 that can be compared: the path is uneven.

July is the highest of the 2026 figures published (€3,351/m²); the lowest is January (€2,946/m²).

The report publishes a year-on-year change of +22.4% and a year-to-date change of +13.7%, with €2,738/m² in July 2025 as the prior-year starting point. They compare medians of different transactions in each period, not the change in value of the same home.

For reference, the July figure is below the one published for the municipality of Madrid (€4,757/m²) and for the province as a whole (€3,618/m²). These are medians for each area, not averages of the areas they contain.

This guide describes the figure for the area, not an individual home: valuing a property requires comparing similar homes. The report does not say how many transactions underlie each territorial median.

Territorial context: City of Madrid (Barrios de Madrid (Portal de datos abiertos del Ayuntamiento de Madrid); Panel de indicadores de distritos y barrios: Superficie (ha.) (Portal de datos abiertos del Ayuntamiento de Madrid); Población por distrito y barrio a 1 de enero (Portal de datos abiertos del Ayuntamiento de Madrid)), accessed 2 November 2026. Official information, separate from the Huspy statistics.

Source of the statistics: Huspy Market Insights · Madrid, October 2026 edition. Completed sales, median in €/m²; not asking or rental prices. The edition date is not the data date.