State of the Residential Real Estate Market in Ukraine in 2025
The residential real estate market in Ukraine in 2025 demonstrates minimal activity, with limited supply and an increase in transactions of only 7% compared to the same period last year. According to the National Bank, the number of transactions in the first nine months of 2025 has increased, but this growth is not significant. Compared to 2021, the number of taxable contracts has decreased by almost a third, indicating a decline in market activity.
Main Market Indicators
The average area of a purchased apartment is 48 square meters, while a house is 70 square meters. The median age of a house purchased in 2025 in Ukraine is 45 years, while this figure is significantly lower in Kyiv – 20 years. The most active housing market is observed in:
- Kyiv
- Kyiv Oblast
- Dnipropetrovsk Oblast
- Kharkiv Oblast
These regions account for 39% of all transactions. Two-thirds of all transactions involve apartment purchases.
Currently, there is only the 'eOselya' program for mortgages in the market, which has not significantly affected the growth in demand. The declared selling prices of housing are virtually unchanged, indicating stability in the price situation in the market. At the same time, security risks continue to inhibit the purchase of housing, especially for investment purposes, as noted in the analytical report of the National Bank of Ukraine.
“The real estate market in Ukraine in 2025 continues to be under pressure, affecting the overall level of activity and interest in purchasing housing.” - Analytical report of the National Bank of Ukraine
The situation in the residential real estate market in Ukraine in 2025 reflects the complex economic and social situation in the country. Although partial growth in transactions may indicate some activity, the overall trend suggests a decline in interest in purchasing housing, which may have long-term consequences for the recovery of the market. Investors and buyers are likely to remain cautious due to the uncertainty associated with security and economic conditions that continue to influence decisions regarding investments in real estate.