Green Line Light Rail Jerusalem 2026 - Impact on Apartment Prices | חדשות נדל"ן | מרכז הנכסים

The Green Line of the Light Rail - Overview

The Green Line of the light rail in Jerusalem will open in the first quarter of 2026. This is the second operational line in Jerusalem (after the Red Line which has been operational since 2011). It spans 20 km, connecting Gilo in the south to Mount Scopus in the north, with 42 new stations. The forecast is over 200,000 passengers per day within 18 months of its opening.

Why This Matters for the Real Estate Market

The Red Line in Jerusalem increased apartment prices by 5%-15% within a 500-meter radius of the stations. Appraiser Nechama Bogen published a review in 2026 confirming that prices along the Green Line route had already risen by 6%-10% during construction, even before its opening.

The Neighborhoods Along the Route

• Gilo - Starting station, demolition and rebuilding projects
• Givat Hamatos - Developing, future train station
• The Katamonim (Pat, Gonen, Mkor Chaim) - Central stations
• Givat Mordechai - Midway station
• Rehavia - Theater station
• City Center (Yaffo/Zion Square) - Intersection with the Red Line
• French Hill
• Ramat Eshkol
• Mount Scopus - End station, Hebrew University

The 5 Neighborhoods That Will Increase the Most

1. Gilo - Starting station + demolition and rebuilding = double catalyst
2. Katamonim - Pat, Mkor Chaim, Gonen the new - suddenly in the center
3. Givat Mordechai - Quiet becomes accessible
4. French Hill - Student demand raises yields
5. Surroundings of Mount Scopus - Student rentals rise

See the detailed article on the 5 neighborhoods that will increase.

The Investment Being Built Around the Route

Data from the Red Line in Jerusalem and the Red Line in Tel Aviv show that apartments within 500 meters of stations increase by 5%-12% in the 24 months after opening, above the urban trend. The increase is concentrated: most traffic occurs in the 3-18 months after opening. Those who buy in 2026 and before may ride the wave.

Stations You Must Know

• Gilo Center - Beginning of the line
• Kiryat Hayovel / Stern - Center for demolition and rebuilding
• Pat Junction
• The Breakers
• Jerusalem Theater
• Mamilla - Connection to the Old City
• Yaffo (City Center)
• French Hill
• Ramat Eshkol
• Mount Scopus

See the impact map of the stations.

Warnings

• Noise and vibrations for ground-floor apartments within 20 meters of the track
• Commercial streets benefit more than homes
• During final completion, there may be temporary disruptions

Working with the Property Center

The Jerusalem branch of the Property Center maps every apartment against proximity to stations. See the investment yield guide for Jerusalem and the complete price guide.