Property prices in Ragama
This page summarises 108 public property listings in Ragama, Gampaha district, collected from ikman.lk on 3 November 2026. Figures are asking prices, not sale prices. Each row shows the median (the middle ad), the middle half of ads (25th to 75th percentile) and the number of ads behind it.
| Measure | Median | Middle half of ads | Ads |
|---|---|---|---|
| Land, per perch | Rs 875,000 | Rs 825,000 to Rs 955,000 | 71 |
| Houses for sale, asking price | Rs 28.5 million | Rs 21.88 million to Rs 35.75 million | 32 |
| Houses, asking price per sq ft | Rs 14,156 | Rs 10,500 to Rs 16,875 | 32 |
Measures with fewer than 10 ads are left out of the table: Houses for rent, per month.
How Ragama compares
- Median land per perch: Rs 875,000, about 1.3 times the middle town figure island-wide (Rs 650,000). Rank 33 of 85 towns with enough listings, highest first.
- Median house asking prices: Rs 28.5 million, about 74% of the middle town figure island-wide (Rs 38.62 million). Rank 46 of 66 towns with enough listings, highest first.
The island reference is the median of town medians for towns with at least 30 listings, so it describes a typical town, not the national market.
What stands out in Ragama
- The sample is mostly land (71 of 107 usable ads), with very few houses for rent (4), so that row should be read with extra care.
- Asking-price spread for land, per perch is tighter than a typical town: the middle half runs Rs 825,000 to Rs 955,000 (a 1.2x gap between the quartiles, against 1.6x for the median town).
- Within Gampaha district, the median land, per perch here is about 1.2 times the district figure (Rs 875,000 vs Rs 750,000), rank 5 of 15 priced towns in the district.
- On gross house yield (3.6%), Ragama ranks 14 of 38 towns where rent and sale samples are both thick enough to compute one.
How the Ragama numbers have moved
- House asking prices: the median is up about 21% compared with a week earlier - Rs 28.5 million against Rs 23.5 million on 27 October, on 32 ads now and 42 then.
This compares daily asking medians on changing samples of ads; it describes this site's sample, not a formal price index.
Read this before using the numbers
Sellers ask more than buyers pay, and listings expire or sell. Outliers are trimmed to the 5th to 95th percentile band and ads whose title names a different town are excluded. The method page explains every step. Nothing here is valuation or investment advice.
Run a price check for a specific property