The average price of one-bedroom apartments in Ukraine’s secondary market has significantly increased in several major cities over the past six months. During this period, the cost of such apartments rose by 14% in Kharkiv and Odesa, while in Sumy and Dnipro, the increase was 10%. Experts explain these trends as a result of active internal migration and the sustained investment appeal of housing, allowing investors to anticipate further profits after the end of hostilities and an increase in real estate prices in the future.
This is reported by Finway
Price Dynamics in the Regions
In regions closer to the combat zone, the situation is different. In Zaporizhzhia and Mykolaiv, the average price of one-bedroom apartments has slightly decreased—by 3% and 2% respectively. This may be related to the heightened level of risks in these cities, which dampens demand and investment.
In the western regions of Ukraine, prices have risen moderately. For instance, in Uzhhorod, the average price of one-bedroom apartments increased by 5%, in Ivano-Frankivsk by 4%, in Ternopil by 3%, and in Khmelnytskyi by 2%. In Lviv, the growth was minimal, at only 1%. Meanwhile, in Rivne, a record price jump of 17% has been recorded since the beginning of the year.
Increase in Prices for Two- and Three-Bedroom Apartments
In the segment of two-bedroom apartments, the average price has risen in almost all regions, except for Sumy and Zaporizhzhia, where it decreased by 1%. The largest increase in two-bedroom apartment prices occurred in Kharkiv—by 16%. The same trend is observed for three-bedroom apartments in this city, where prices also rose by 16%.
“The increase in average prices for all types of apartments in almost all regions of the country may indicate that the secondary market has practically adapted to the current military risks. It is now more influenced by inflationary processes and currency fluctuations than by the number of shellings in specific Ukrainian cities,” analysts emphasized.
Thus, despite the challenging security situation, the secondary housing market in Ukraine demonstrates resilience and gradual recovery, with price dynamics remaining positive in most regions.