Real estate market: what has changed in the past six months and what to expect next.

OLX Real Estate Analysts' Data

Analytics

.

Jul 28, 2025

Real estate market: what has changed in the past six months and what to expect next.

Real estate market: what has changed in the past six months and what to expect next.

OLX Real Estate Analysts' Data

OLX Real Estate Analysts' Data

Analytics

.

Jul 28, 2025

According to analysts at OLX Real Estate, in the first half of 2025, the Ukrainian housing market showed moderate but stable growth. The main demand is for the secondary market, especially in regional centers. The most expensive square meters are in Kyiv, Lviv, Odesa, Ivano-Frankivsk, Uzhhorod, and Vinnytsia. In contrast, Kharkiv showed a rapid recovery — up to +22% in some segments. At the same time, cities like Mykolayiv and Ternopil recorded a slight decline in prices.

🔹The demand for private houses increased by 19%, and the median price rose by 12%. Prices vary significantly: while the average house in Kyiv costs over $230 thousand, in Chernihiv or Zaporizhia, it is up to $50 thousand.

🔹Rental housing is the most dynamic segment. Demand increased by 20%, and prices for long-term rentals rose on average by the same amount. Meanwhile, supply decreased by 7–11% in million-plus cities, further intensifying competition among renters.

🔹Commercial real estate, on the contrary, shows signs of cooling: the number of objects has increased, while the number of responses fell by 15%. However, prices remain stable — with moderate growth of 2–10%.

🔸 Forecast for the second half of 2025. Seasonal activity is expected in August–October, especially in Kyiv, Lviv, Kharkiv, Odesa, and in frontline regions, where part of the population is relocating.

🔸 In the housing purchase segment, analysts predict a price increase of 5–10%, particularly for properties that meet safety, autonomy, and energy efficiency criteria. The program “eOselya” will play an important role in stimulating demand among military personnel and young professionals.

🔸 The rental market will remain tense: prices will continue to rise, especially in large cities — by +10–15% in the second half of the year.

🔎 Overall, the market is entering a phase of cautious but confident growth, opening up new opportunities for investors, buyers, and renters against the backdrop of changing housing priorities for Ukrainians.

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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