Cremona and Mantua outperform the regional average: the comeback of the property market in Southern Lombardy (2023-2025)
Official data, Italian Revenue Agency
In the residential landscape of Lombardy, the 2023-2025 three-year period highlighted a significant dynamic: the expansion of the property market did not concern only the Milan metropolitan belt and the foothill provinces, but also recorded growth rates above the regional average in the provinces of Southern Lombardy.
While the Lombardy region as a whole closed 2023–2025 with an average increase of +7.61% in residential sales (Normalised Number of Transactions - NTN), the provinces of Cremona and Mantua both exceeded this threshold, achieving growth rates of +10.03% and +9.67% respectively.
Together, the two territories of the Po Valley generated a total of 10,576.22 sales in 2025, standing out as markets with high stability and a marked preference for detached and large homes.
Overall Data: The Comparison with the Lombardy Average
Over the three years analysed, the progression of sales in the two provinces remained steady, without the contraction that affected the Milan metropolitan area in 2024.
The Three-Year Comparative Table
| Province | Sales 2023 | Sales 2024 | Sales 2025 | Three-year change (2023-2025) | Annual change (2024-2025) |
|---|---|---|---|---|---|
| Province of Cremona | 4,552.82 | 4,764.19 | 5,009.32 | +10.03% | +5.15% |
| Province of Mantua | 5,076.17 | 5,142.58 | 5,566.90 | +9.67% | +8.25% |
| Combined total | 9,628.99 | 9,906.77 | 10,576.22 | +9.84% | +6.76% |
| Lombardy (Region) | 150,722.67 | 151,558.71 | 162,189.39 | +7.61% | +7.01% |
Source: official data, Italian Revenue Agency
Province of Cremona: The Role of the Provincial Capital and the Crema Axis
In the Province of Cremona the total volume of sales exceeded the threshold of 5,000 transactions a year for the first time in 2025 (5,009.32 NTN), a net increase of 456 sales compared with 2023.
The Main Hubs of the Cremona Area
- Cremona (Provincial capital): The main reference point of the province. In 2025 it recorded 1,155.70 sales, an increase of +7.94% compared with 1,070.71 in 2023. The provincial capital absorbs 23.07% of provincial transactions.
- Crema: The second centre of the province by business volume, historically linked to the influence of the Milan metropolitan area. Crema closes 2025 with 530.46 sales (+5.08% on 2023).
- Casalmaggiore: The reference hub for the Casalasco-Viadanese area, it reached 195.07 sales in 2025, up +13.11% compared with 172.46 in 2023.
- The Centres of the Cremasco: Municipalities such as Soresina (179.33 NTN), Pandino (135.34 NTN) and Rivolta d'Adda (129.25 NTN) show stable flows of residential sales.
Province of Mantua: The Weight of the Territory and the Industrial Hubs
The Province of Mantua reached 5,566.90 sales in 2025, recording one of the sharpest accelerations in the region between 2024 and 2025 (+8.25% in just 12 months).
The Main Hubs of the Mantua Area
- Mantua (Provincial capital): In 2025 it recorded 876.52 sales, equal to 15.75% of the provincial total, with an increase of +7.50% compared with 2023 (815.34 NTN).
- Castiglione delle Stiviere: A key junction of the Alto Mantovano and a link with the Lake Garda area, it records 292.19 sales in 2025, maintaining stable volumes.
- Borgo Virgilio: A municipality in the first ring around the provincial capital showing the sharpest percentage growth in the province: it goes from 211.75 NTN in 2023 to 291.00 NTN in 2025, a jump of +37.43%.
- The Oglio-Po and Destra Secchia Districts: Production centres such as Viadana (278.18 NTN) and Suzzara (259.28 NTN) are confirmed as hubs of primary importance by number of transactions.
Breakdown by Floor Area: The Prevalence of Large Spaces
One of the most distinctive elements of the Cremona and Mantua markets compared with the regional average and with the city of Milan lies in the size structure of the properties traded.
While in the city of Milan small sizes (up to 50 sqm) account for 22.7% of purchases, in the provinces of Cremona and Mantua this band is marginal, giving way to large floor areas and single-family homes.
Detail of Floor Area Data (Year 2025)
| Cremona | Mantua | |
|---|---|---|
| Up to 50 sqm | 196.46 NTN (3.92% of the provincial total) | 155.00 NTN (2.78% of the provincial total) |
| From 50 to 85 sqm | 1,244.22 NTN (24.84%) | 1,280.40 NTN (23.00%) |
| From 85 to 115 sqm | 1,367.77 NTN (27.30%) | 1,404.79 NTN (25.23%) |
| From 115 to 145 sqm | 909.13 NTN (18.15%) | 896.52 NTN (16.10%) |
| Over 145 sqm | 1,291.74 NTN (25.79%) | 1,830.19 NTN (32.88%) |
Source: official data, Italian Revenue Agency
In the Province of Mantua, almost a third of the entire market (32.88%) is made up of homes above 145 sqm. Adding the floor areas above 115 sqm, it emerges that the relative majority of purchases in both provinces concerns large homes.
Descriptive Observations on the Market
- For those analysing the housing supply: The provinces of Cremona and Mantua are characterised by availability mainly oriented towards large two-bedroom flats, three-bedroom flats and detached homes. The small share of studios confirms a market focused on the resident's main home rather than on temporary accommodation.
- For those analysing territorial distribution: The dynamics of sales show the decisive weight of the municipalities in the belt around the provincial capitals (such as Borgo Virgilio in Mantua) and of intermediate centres with an industrial or agricultural vocation (Crema, Viadana, Castiglione delle Stiviere), which support overall volumes alongside the provincial capitals.
Frequently Asked Questions (FAQ)
What was the growth rate of sales in Cremona and Mantua over 2023-2025?
The Province of Cremona recorded growth of +10.03% (from 4,552.82 to 5,009.32 NTN), while the Province of Mantua recorded +9.67% (from 5,076.17 to 5,566.90 NTN). Both exceeded the Lombardy regional average (+7.61%).
What are the most purchased floor areas in the province of Mantua?
In 2025 the most represented category in the province of Mantua was homes over 145 sqm, with 1,830.19 transactions equal to 32.88% of the provincial total.
How many sales were recorded in the two provincial capitals in 2025?
In 2025 the municipality of Cremona recorded 1,155.70 sales (+7.94% on 2023), while the municipality of Mantua totalled 876.52 sales (+7.50% on 2023).
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