Real estate agency in Center South

Raanana Center South, the established streets south of Ahuza

The southern part of central Raanana, below Ahuza Street: streets dating back to the original moshava, established apartment buildings beside new urban renewal construction, and private houses on quiet streets

₪3.26 millionMedian apartment price, 2023 to 2026
335Recorded deals since January 2023
₪6.59 millionMedian house, 30 deals

Center South, officially “Shchuna Merkaz Darom” on GovMap, lies south of Ahuza Street in the historic heart of Raanana. Kiryat HaPrachim is to the west, Kiryat Weizmann and Neve David Remez to the north, and Lester to the east.

RS Nadlan is a real estate marketing and brokerage company active in Tel Aviv, Ramat HaSharon, Herzliya, Raanana and Kfar Saba, specializing in neighborhoods of private homes and luxury properties. We accompany buyers and sellers in Center South with complete discretion, including properties that are never publicly listed.

In brief

Center South includes the streets that ran south from Ahuza in the original 1922 moshava plan, such as Rambam, Yehuda HaLevi and Herzl, and is now in the midst of urban renewal. Since January 2023, 335 deals have been recorded, and an apartment sold for a median of about ₪3.26 million, or about ₪32,600 per m².

01 · Market data

What does an apartment in Center South cost?

Based on 335 recorded deals from January 2023 to August 2026, an apartment in Center South sold for a median of about ₪3.26 million, or about ₪32,600 per m², about 4% below the price per m² for Raanana as a whole. Houses sold for a median of about ₪6.59 million.

₪3.1 million4 room apartment126 deals
₪3.92 million5 room apartment85 deals
₪5.15 million6 room apartment23 deals
₪32,600per m² in apartments0.96 times the city

Medians, January 2023 to August 2026, after removing duplicates, deals under ₪800,000 and deals with irregular records, such as sales of partial ownership shares. Prices by room count and per m² refer to apartments in multi unit buildings. Price per m² is based on built area. Room counts include the living room.

According to an RS Nadlan analysis of 335 recorded deals in Center South, Raanana, from January 2023 to August 2026, the median apartment price is about ₪3.26 million, or about ₪32,600 per m². In buildings completed from 2020 onward the median rises to about ₪34,000 per m², and houses sold for a median of about ₪6.59 million.

Price per m², by type of property

Median, recorded deals 2023 to 2026
Garden apartments₪41,300
Penthouses₪35,300
All of Raanana₪34,100
Apartments₪32,600
Houses₪30,800

Number of deals per year

2026 is partial, and reports arrive with a delay
202385
2024123
202593
To August 202634

Streets with the most deals

Number of recorded deals, 2023 to 2026
Brenner36
Ostrovsky34
Levi Eshkol32
Klausner32
Rambam24
Bialik23
Jabotinsky23
Brandeis20

Recorded deals reported to the Israel Tax Authority, after removing duplicates. Deals were assigned to the neighborhood by the location of their address in the GovMap neighborhood layer. Updated October 2026.

What is your property worth, based on the deals on your street? Request a valuation ›

02 · Recorded deals

Selected deals in Center South

DateStreetProperty typeRoomsPrice₪ per m²
7.2026Levi EshkolApartment, sixth floor5₪3.89 million₪30,873
6.2026BrennerApartment in a new building, second floor5₪3.4 million₪28,571
6.2026OstrovskyApartment, fourth floor4₪3.7 million₪31,624
5.2026HerzlApartment, fifth floor4₪3.275 million₪39,458
4.2026RambamApartment in a new building, first floor6₪3.956 million₪41,748
1.2026BiluGround floor apartment5₪4.62 million₪37,637
12.2025KlausnerGarden apartment3₪3.375 million₪43,945
12.2025SokolovSemi detached house4₪4.2 million₪33,304
7.2025BiluSemi detached house6₪6.594 million₪43,669
6.2025OstrovskyPenthouse6₪7.1 million₪38,587

Center South is one of the most active neighborhoods in Raanana, with 123 deals in 2024. Its median price per m² is slightly below the city’s, offering a way into an apartment in central Raanana at a price close to the city median per apartment, about ₪3.48 million.

A selection of recorded deals, newest to oldest. Price per m² is based on the registered built area. Asking prices are not included. Room counts follow the Israeli convention, which includes the living room.

What is your property in Center South worth?

A valuation grounded in recorded deals on the same street and in the same building, and in the characteristics of your property, at no cost. And for those searching, discreet updates on properties that never reach the listings.

03 · Areas of the neighborhood

The areas of Center South, and exactly where

Center South lies in south central Raanana, south of Ahuza Street. Kiryat HaPrachim is to the west, Kiryat Weizmann and Neve David Remez to the north, and Lester and the Southeast neighborhood to the east.

Near Ahuza

Ostrovsky and Yad Labanim

The northern part of the neighborhood, beside the city’s main street: Ostrovsky High School, the Yad Labanim cultural hall and the Great Synagogue.

The new buildings

Jabotinsky, Brenner and Levi Eshkol

New buildings that replaced older ones, some of them under the TAMA 38 program. Most of the deals in buildings completed from 2020 onward were recorded here.

The established buildings

Rambam, Brandeis and Klausner

Apartment buildings from the 1970s and 1980s, on streets some of which date back to the moshava. Here the price per m² is below that of the new construction.

The streets of houses

Gordon, Bilu, HaSharon and HaHorsha

Single family and semi detached houses on quiet streets, near the Herzl, Gordon and Yitzhak Peretz gardens.

Real estate agency in Center South: an aerial view over the neighborhood, its roofs and trees south of Ahuza Street (illustration)Open in map
04 · Neighborhood character

The character of Center South

Raanana was founded in 1922 as an agricultural moshava, and in the original plan three streets ran south from Ahuza Street, Rambam, Yehuda HaLevi and Herzl, with plots along them for homes and farming. These streets still exist, and they form the backbone of Center South.

Today it is an established neighborhood undergoing renewal: according to Merkaz HaNadlan, dozens of TAMA 38 projects are under way, and the municipal table lists 94 urban renewal projects in the area. New buildings are rising beside apartment blocks from the 1970s and 1980s, and private houses remain on the quiet streets.

A new residential building in Center South, with balconies and a light stone facade (illustration)
The neighborhood gardens

The Herzl, Gordon and Yitzhak Peretz gardens, among the established streets

05 · Living here

Living in Center South

The neighborhood adjoins Ahuza Street, Raanana’s main commercial street. Within it are the Yad Labanim cultural hall, the Yad Labanim library, the Great Synagogue and several public gardens.

A quiet street in Center South in the evening, with private houses and trees (illustration)A path through a neighborhood garden in Center South, among mature trees and lawns (illustration)

Ahuza Street

The city’s main commercial street, along the northern edge of the neighborhood.

Culture

The Yad Labanim cultural hall on Ahuza Street, and the Yad Labanim library.

Community

Raanana’s Great Synagogue and several other synagogues in the neighborhood.

Gardens

The Herzl, Gordon, Uri Gordon, Yitzhak Peretz and HaMeginim gardens.

06 · Education

Schools and education in Center South

School placement in Raanana follows the municipality’s registration zones and the home address, so it is worth confirming with the Education Department of Raanana Municipality before buying.

High school

Ostrovsky

Ostrovsky High School, on Ostrovsky Street, within the neighborhood.

Other schools

HaSharon, Ziv, Meged and Bilu

The HaSharon middle school and the Ziv, Meged and Bilu schools lie within the neighborhood.

Before buying

Registration zone

Placement is set by address. It is worth checking the registration zone of the specific property with the Education Department.

07 · Transport and access

Transport and access

According to Merkaz HaNadlan (2024), road access is good, with a direct connection to Route 531, and public transport is reasonable, with dozens of bus lines along Ahuza Street.

Roads

Ahuza Street, part of Route 541, along the northern edge, and a direct connection to Route 531 to the south.

Buses

Dozens of city and intercity lines along Ahuza Street.

Israel Railways

The city has two stations, Raanana West, near the Herzliya East interchange, and Raanana South, near the Raanana interchange.

The metro

The northern section of the M1 metro line was approved by the National Infrastructure Committee, and a station named Raanana Center is planned, with no confirmed opening date.

08 · In the vicinity

Other neighborhoods in Raanana

09 · Why RS Nadlan

A real estate agency in Center South that knows every street

An RS Nadlan advisor accompanying a couple in an apartment in Center South (illustration)

In Center South a building from the 1970s, a new TAMA 38 building and a private house stand side by side, so a neighborhood average says little. The gap between the median apartment in an established building and in a new one is about ₪3,000 per m², so we price according to deals in the same building and on the same street, and according to the state of its rights and renewal.

RS Nadlan handles transactions in the neighborhoods of north Tel Aviv and the Sharon region, and knows the buyers looking for an apartment in central Raanana, close to Ahuza Street. When it is right for the seller, we present the property directly to suitable buyers.

For owners considering selling an apartment in Center South, we offer exclusive representation with a discreet marketing plan, and for those searching we present properties for sale in Raanana. We also operate as a real estate agency in Raanana, across every neighborhood of the city.

10 · Frequently asked questions

Frequently asked questions about living and buying in Center South

Where exactly is Center South?

In south central Raanana, south of Ahuza Street. Kiryat HaPrachim is to the west, Kiryat Weizmann and Neve David Remez to the north, and Lester and the Southeast neighborhood to the east.

What is the character of the neighborhood?

An established neighborhood undergoing renewal: apartment buildings from the 1970s and 1980s, new buildings from 2020 onward, and private houses on quiet streets. Some streets, such as Rambam, Yehuda HaLevi and Herzl, date back to the moshava.

What does an apartment in Center South cost?

In recorded deals from January 2023 to August 2026, the median apartment sold for about ₪3.26 million, or about ₪32,600 per m². A 4 room apartment sold for a median of about ₪3.1 million, 5 rooms about ₪3.92 million and 6 rooms about ₪5.15 million, with the living room counted as a room.

How do prices compare with the rest of Raanana?

The median price per m² for apartments, about ₪32,600, is about 4% below the median for Raanana as a whole, about ₪34,100. In buildings completed from 2020 onward the median is about ₪34,000 per m², close to the city median.

What does a private house cost?

30 deals in single family and semi detached houses were recorded, at a median of about ₪6.59 million.

What is happening with urban renewal?

The municipal table lists 94 urban renewal projects in the area. In addition, the Raanana Center plan is being advanced around a planned metro station, with its southern boundary on Ostrovsky Street; in June 2026 it was under discussion at the national committee for preferred housing sites.

Which school will the children be placed in?

Placement follows Raanana Municipality’s registration zones and should be confirmed with the Education Department. Within the neighborhood are Ostrovsky High School, the Hativat HaSharon school and the Ziv, Meged and Bilu schools.

How is transport?

A direct connection to Route 531, and dozens of bus lines along Ahuza Street. The Raanana South and Raanana West railway stations are at the edges of the city, and a metro station is planned in the city center.

Sources and updates: Recorded deals reported to the Israel Tax Authority, January 2023 to August 2026, analyzed by RS Nadlan; GovMap, neighborhood layer and address lookup; OpenStreetMap; Wikipedia, entry on Raanana; the Merkaz HaNadlan website: its neighborhood index on south central Raanana (2024), the Raanana Center plan (2026) and its reports on the metro. Last updated: October 2026. These figures are not a property valuation.

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