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Housing · Ofakim

Ofakim home prices by neighbourhood

The average apartment in Ofakim costs ₪1.25M and average rent is ₪3,575 a month. Most expensive neighbourhood: Kiryat Menachem (₪1.62M); cheapest: Yaakov Masika (₪785,000). 7,144 housing units in approved plans, with 264 more in planning.

Average home
₪1.3M
38% below the national average
Rent
₪3,575
a month, average
Units in approved plans
7,144
plus 264 in planning
Urban renewal compounds
—
Home price
cheaperpricier
no data

Ofakim neighbourhoods from most to least expensive

Most expensive: Kiryat Menachem (₪1.6M). Cheapest: Yaakov Masika (₪785,000)

Real estate · last 12 months

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  1. 1Kiryat Menachem
    ₪1.6M
  2. 2Shapira
    ₪1.3M
  3. 3HaRif
    ₪1.2M
  4. 4Ben Gurion
    ₪1.1M
  5. 5Mishor HaGefen
    ₪1M
  6. 6HaArazim
    ₪836,000
  7. 7Yaakov Masika
    ₪785,000

Source: Israel Tax Authority, Nadlan. Neighbourhoods with few sales appear in the table without an average.

All neighbourhoods in Ofakim

A table of 8 neighbourhoods: price, rent and yearly change

Show
1-year change
Kiryat Menachem₪1.6M▼ 13.6% ₪4,725
Shapira₪1.3M▼ 6.5% ₪4,412
HaRif₪1.2M▲ 3.6% —
Ben Gurion₪1.1Mno change —
Mishor HaGefen₪1M▲ 2.8% ₪3,750
HaArazim₪836,000▲ 5.5% ₪2,500
Yaakov Masika₪785,000▼ 12.9% ₪2,725
Dado—₪2,750

How many new homes are planned in Ofakim?

7,144 housing units in approved plans, plus 264 in planning

Planning · Planning Administration

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Approved: 7,144 unitsDeposited for objections: 126 unitsUnder planning review: 138 units

Housing units in approved plans, by year

’16’17’18’19’20’21’22’23’24’25’26

The biggest plans

Recently approved

Plans in the online planning system that add housing units, excluding national, district and master plans. An outline plan and a detailed plan for the same area can overlap, so the total is a ceiling, not a count of homes. Plan names are in Hebrew, as registered.

Residential land tenders in Ofakim

56 tenders since 2015, 4 open now

Israel Land Authority

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56 tenders since 2015 offering 17,252 housing units; 4 open now.

Land price per housing unit in regular tenders

’15’16’17’18’20’21’22’23’24’26

Open and published

Recent tenders

  • Tender 156/2026 · אפיקי נחלDecided

    Public tender · Multi-storey housing · 1,002 units · 2 lots · 5 Aug 2026

    Winners: י.ח. דמרי בניה ופיתוח בע"מ, מגידו י.ק יזום בע"מ

    ₪120,000land per housing unit
  • Tender 157/2026 · אפיקי נחל שלב ב'Decided

    Mechir Matara (target price) · Multi-storey housing · 544 units · 5 Aug 2026

    Winners: ארזי הנגב ייזום ובניה בע''''מ

    2 bids
  • Tender 95/2025 · אפיקי נחלDecided

    Registration and lottery · Low-rise housing · 24 units · 12 lots · 16 Feb 2026

    Winners: אלון לירן,צור טלאור,רוש שלו,בן שיה רון, גולדשמידט זיוה,גולדשמידט עדי ישראל,גולדשמידט שלום, אודיז משה,ציזר ארז, מאזוז מתניה,כהן נועה,שראל בנימין,שראל אורי

  • Tender 251/2024 · אפיקי נחלDecided

    Registration and lottery · Low-rise housing · 262 units · 178 lots · 20 Mar 2025

    Winners: בוטבול איתי, וובשט יזבי, אוחיון מאיר מור, חכימי גילי

  • Tender 376/2024 · אפיקי נחלDecided

    Public tender · Assisted living · 524 units · 2 lots · 30 Dec 2024

    Winners: י.ח. דמרי בניה ופיתוח בע"מ, נחלה ומשכן א.ב.ג בע"מ

    ₪22,000land per housing unit
  • Tender 103/2024 · אקליפטוס צביון חרדיDecided

    Public tender · Multi-storey housing · 104 units · 3 lots · 24 Sep 2024

    Winners: ישראל רובינשטיין , רשימת מציעים, בצלאל מנדלסון, פיני מזוז בניה ויזמות בע"מ

    ₪254,000land per housing unit
  • Tender 27/2024 · אפיקי נחלDecided

    Public tender · Assisted living · 524 units · 2 lots · 24 Sep 2024

    Winners: הצעות לא בטווח

    2 bids
  • Tender 102/2024 · חורשת האקליפטוס צביון חרדיDecided

    Mechir Matara (target price) · Multi-storey housing · 450 units · 5 lots · 5 Aug 2024

    Winners: אחים אוזן חברה לבנייה בע"מ, ניסן יפרח בע''''מ, טביב זדה ארז, שמואל ברוך בונה הארץ בע"מ

    46 bids
  • Tender 93/2024 · חורשת האקליפטוס צביון חרדיDecided

    Mechir Matara (target price) · Multi-storey housing · 380 units · 3 lots · 5 Aug 2024

    Winners: טביב זדה ארז, שמואל ברוך בונה הארץ בע"מ, גזית נדל"ן בע"מ

    36 bids
  • Tender 67/2024 · אפיקי נחלDecided

    Public tender · Low-rise housing · 4 units · 20 May 2024

    Winners: אחוזה יזמות ונכסים

    ₪405,000land per housing unit
  • Tender 11/2022 · אפיקי נחלDecided

    Registration and lottery · Low-rise housing · 326 units · 231 lots · 14 Mar 2024

    Winners: כליפה תומר חיים, חורי רועי, בוטבול אלעד,בוטבול עינת, חושן אוסדון,שינקולקר כפיר

  • Tender 123/2023 · אפיקי נחלDecided

    Public tender · Assisted living · 524 units · 2 lots · 6 Sep 2023

Price per housing unit is the winning land bids divided by the number of homes on the plots sold, before VAT and development costs. In Mechir LaMishtaken and Mechir Matara tenders developers bid on the apartment price, so they have no land price here.

Housing in towns near Ofakim

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FAQ

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What is the most expensive neighbourhood in Ofakim?

Kiryat Menachem, with an average apartment price of ₪1.62M. Next come Shapira (₪1.34M) and HaRif (₪1.23M).

What is the cheapest neighbourhood in Ofakim?

Yaakov Masika, with an average apartment price of ₪785,000. Next is HaArazim (₪836,000).

Where is rent highest in Ofakim?

Kiryat Menachem: ₪4,725 a month on average. Lowest: HaArazim (₪2,500).

How many new homes are planned in Ofakim?

7,144 additional housing units in plans approved in the online planning system, 126 in deposited plans and 138 in plans under review.

Are there open Israel Land Authority tenders in Ofakim?

Yes, 4 residential land tenders are open or published on the Israel Land Authority website.

Ofakim in numbers: population, wages, property tax and more →
Data sources

Updated 1 Nov 2026. Prices are averages of sales reported to the Israel Tax Authority, not valuations.