Growth of Ukraine’s Agricultural Land Market
Since Ukraine’s agricultural land market opened over four years ago, a total of 501,619 transactions have been completed, amounting to 49.7 billion hryvnias. The combined area of sold plots has reached 977,200 hectares. In 2025, a record 131,300 deals were recorded, marking a 13% increase compared to 2024. The average price per hectare in 2025 climbed to 61,800 hryvnias, while the total value of transactions that year jumped 43% to 18 billion hryvnias.
Prices and Market Activity in 2026
The upward price trend continued into 2026. During the first four months of the year, 39,797 deals were completed, totaling 6.17 billion hryvnias. However, the number of transactions from January to April 2026 dropped by 5% compared to the same period in 2025. The average price per hectare during this period reached 75,100 hryvnias, a 26% rise from 2025. January 2026 saw the highest monthly average price at 95,700 hryvnias per hectare.
Buyer activity peaked in March 2026, with 12,276 deals closed. The most expensive land in Ukraine is found in the Ivano-Frankivsk region, where the average price stands at 179,600 hryvnias per hectare. The top five most costly regions are as follows:
- Kyiv Oblast (178,200 hryvnias/ha)
- Lviv Oblast (153,400 hryvnias/ha)
- Ternopil Oblast (120,000 hryvnias/ha)
- Vinnytsia Oblast (93,400 hryvnias/ha)
The lowest per-hectare prices were recorded in Donetsk Oblast at 30,700 hryvnias, followed by Kherson Oblast (38,500 hryvnias), Mykolaiv Oblast (44,100 hryvnias), Dnipropetrovsk Oblast (46,500 hryvnias), and Odesa Oblast (47,800 hryvnias).
Since the start of 2026, the highest number of transactions occurred in Vinnytsia Oblast with 3,416 deals, trailed by Chernihiv (3,279), Sumy (3,261), Poltava (2,963), and Khmelnytskyi (2,905) oblasts. Ukraine’s Cabinet of Ministers has updated its approach to the standard monetary valuation of land, a move expected to reduce the tax burden on agricultural producers in four regions of the country.
These figures highlight the active development of Ukraine’s agricultural land market, despite a slight decline in transaction numbers in 2026. Rising land prices, particularly in certain regions, point to heightened interest from investors and farmers. The changes in land valuation could positively impact the financial situation of agricultural producers, a key factor for the continued growth of Ukraine’s agrarian sector.
As the agricultural land market in Ukraine continues to evolve, recent measures, such as the tax reductions for farmers, aim to further stimulate growth and investment in this sector. Understanding these changes can provide critical insights for land buyers and sellers navigating this competitive landscape.