The secondary housing market in Ukraine continues to see price increases. Over the past six months, the cost of one-room apartments has risen in most major cities, sometimes significantly. The only exceptions are a few cities in the east and south of the country. Current statistics are provided by “Sudovo-yurydychna hazeta”.
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The most substantial price surge for “studios” was recorded in Ternopil: a 30% increase over six months. The average price for an apartment up to 38 sq. meters reached $49,500.
Further down the growth ranking are:
- Lutsk +22%
- Khmelnytskyi and Vinnytsia +18%
- Sumy, Zhytomyr, Chernivtsi, and Odesa +13%
- Rivne, Ivano-Frankivsk, and Cherkasy +12%
- Lviv and Poltava +11%
Overall, across the analyzed cities, the growth range is from 2% to 30%. Housing is appreciating most rapidly in the west and center of the country.
Where apartments became cheaper
Contrary to the general trend, a price decrease was observed in two cities: Dnipro by 6% and Zaporizhzhia by 3%. In Kherson and Kropyvnytskyi, prices remained unchanged.
How much does a one-room apartment cost
Prices across the country fluctuate between $14,000 and $72,200. The cheapest housing is, naturally, in the cities most affected by the war:
- Kherson – $14,000
- Zaporizhzhia – $16,500
- Mykolaiv – $20,500
- Kharkiv – $23,500
- Sumy – $26,500
At the other end of the spectrum are the western cities and the capital. The most expensive one-room housing is in Lviv: the average price here reached $72,000. Kyiv is in second place with $70,000. Following are Uzhhorod ($65,300), Chernivtsi ($59,500), Rivne, and Lutsk (both at $56,000).
The overall picture reflects the logic of wartime: safer regions attract displaced people and investments, driving up prices. Cities near the front line or under constant shelling, conversely, do not generate buyer interest, despite housing there remaining significantly more affordable.