The dynamics of the real estate market

Who is leading in prices on the secondary market of Ukraine?

Analytics

.

Apr 14, 2025

The dynamics of the real estate market

The dynamics of the real estate market

Who is leading in prices on the secondary market of Ukraine?

Who is leading in prices on the secondary market of Ukraine?

Analytics

.

Apr 14, 2025

🔝 In the first quarter of 2025, the secondary housing market in Ukraine has become active: price increases have been recorded in almost all regions. The most dynamic price growth is observed in the western regions, especially in Uzhhorod, which has exceeded Kyiv for the first time in the cost of 1-room apartments.

The average price of a 1-room apartment in Uzhhorod has increased by 16% — to $64 thousand, while in Kyiv it has risen by 5% (to $63 thousand). In Lviv, this figure remains stable at $65 thousand.

2-room apartments: Kyiv — $100 thousand (+8% over six months), Lviv — $92.5 thousand (+4%), Uzhhorod — $90 thousand (+14%)..

🔺In the segment of 3-room apartments, Kyiv remains the leader, where the average price for a 3-room apartment has reached $148 thousand (+10% over six months). Lviv and Uzhhorod have prices of $113 thousand and $105 thousand, respectively.

The lowest prices have been recorded in Khmelnytskyi, Ternopil, and Ivano-Frankivsk. 1-room — $35–38 thousand, 2-room — $48.8–55 thousand, 3-room — $58–70 thousand.

The cost of 1 m² in Kyiv on the secondary market: 1- and 2-room apartments — $1500, 3-room apartments — $1600. For comparison: in May 2023, the price per square meter was $1330–1350.

🔺The housing affordability index has improved — the ratio of the cost of an average apartment to the average salary has also improved in many regions. In Kyiv, to purchase a 1-room apartment, one would need to work for 8 years, which is 5% less than six months ago, in Lviv — 9.1 years (–10%), in Ternopil — 6.1 years (–10%).

According to LUN, 39% of potential buyers expected price increases back at the beginning of the year — the forecasts came true.

Source: LUN

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© 2023-2025 PO "Institute for the Development of the Ukrainian Real Estate Market «Plektan»" EDRPOU Code 45191388. All rights reserved
© 2023-2025 PO "Institute for the Development of the Ukrainian Real Estate Market «Plektan»" EDRPOU Code 45191388. All rights reserved
© 2023-2025 PO "Institute for the Development of the Ukrainian Real Estate Market «Plektan»" EDRPOU Code 45191388. All rights reserved