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Kiryat Menachem · Ofakim

Kiryat Menachem home prices

The average home in Kiryat Menachem, Ofakim sold for ₪1.62M over the last 12 months, 30% above the Ofakim average. Average rent: ₪4,725 a month (Ofakim: ₪3,575). It is the most expensive neighbourhood in Ofakim.

Average home
₪1.6M
30% above the city average
Rent
₪4,725
a month, average
Price rank in the city
1 of 7
1 = most expensive
Rental yield
3.5%
a year, gross
Ofakim neighbourhoods by average home price

How much does a home cost in Kiryat Menachem?

Real estate · to Q2 26

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Average home price
₪1.6Mover the last 12 months
▼ 13.6% a year30% above the Ofakim average

20% below the national average

3 rooms
—
4 rooms
₪1.5M
▼ 10.7%
5+ rooms
₪2.1M
▼ 9.9%
Average rent
₪4,725a month
▼ 0.5% a year32% above the Ofakim average

6% below the national average

Average home price by quarter

Kiryat MenachemOfakimIsrael
₪1.5M20212022202320242025
Rent by quarter too

Average rent by quarter

Kiryat MenachemOfakimIsrael
₪4,7252022202320242025

Source: Israel Tax Authority, Nadlan. Averages of reported sales; quarters with few sales have no neighbourhood average, and the line skips them.

Where does Kiryat Menachem rank in Ofakim?

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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
All neighbourhoods in Ofakim →

Neighbourhoods near Kiryat Menachem

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Land tenders in Kiryat Menachem

3 tenders

Israel Land Authority

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  • Public tender · Multi-storey housing · 59 units · 5 lots · 27 Nov 2016

    Winners: אחים אוזן חברה לבניה בע"מ, נחלי הורד בע"מ

    ₪115,000land per housing unit
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 172 units · 18 Jul 2016

  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 334 units · 9 lots · 6 Jan 2016

    Winners: מגידו י.ק.בע"מ

    11 bids

Source: Israel Land Authority tender system. Price per housing unit is the winning land bid divided by the number of homes, before VAT and development costs.

Streets in Kiryat Menachem

אגוז, אדמונית, אטד, איקליפטוס and 66 more

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  • אגוז
  • אדמונית
  • אטד
  • איקליפטוס
  • אירוס
  • אשחר
  • אתרוג
  • בית וגן
  • ברוש
  • בשמת
  • גומא
  • דגן
  • דגנית
  • דובדבן
  • דולב
  • דפנה
  • דקל
  • האלה
  • הטייסים
  • הנביאים
  • הרב אלעזר אבוחצירה
  • הרב יעקב הורוביץ
  • הרב עובדיה יוסף
  • הרב פינקוס
  • הרצל
  • השיטה
  • חלבלוב
  • חמנייה
  • חצב
  • חרצית
  • יערה
  • יקינתון
  • כליל החורש
  • כרכום
  • לוטוס
  • לוטם
  • ליבנה
  • לילך
  • מורן
  • מרגנית
  • מרווה
  • נירית
  • סביון
  • סחלב
  • סיגלון
  • סייפן
  • סיירת שקד
  • סתוונית
  • עדעד
  • עוזרד
  • עירית
  • פטל
  • פיקוס
  • פרג
  • צאלון
  • צבעוני
  • צבר
  • ציפור גן עדן
  • ציפורן
  • צפצפה
  • קורנית
  • רוזמרין
  • רותם
  • ריחן
  • שושן
  • שיבולים
  • שיזף
  • תורמוס
  • תות
  • תלתן

Streets assigned to the neighbourhood in Nadlan, shown in Hebrew as on street signs.

Ofakim price map

Every neighbourhood on the map, coloured by home price

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Home price
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FAQ

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What is the average apartment price in Kiryat Menachem, Ofakim?

₪1.62M, based on sales reported to the Israel Tax Authority over the last 12 months: 4 rooms ₪1.45M, 5+ rooms ₪2.06M. The average across Ofakim is ₪1.25M.

How much does it cost to rent in Kiryat Menachem, Ofakim?

Average rent is ₪4,725 a month.

Are home prices in Kiryat Menachem, Ofakim going up?

The average price fell 13.59% from the previous 12 months.

What is the rental yield in Kiryat Menachem, Ofakim?

About 3.5% a year (annual rent divided by the price), based on Nadlan data.

Data sources

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