Recovery of the Real Estate Market in Ukraine in 2025
In 2025, the Ukrainian real estate market showed signs of recovery, price growth, and increased demand, particularly in frontline regions. The main influencing factors were state programs such as 'eOselya' and 'eVidnovlennya'. The market adapted to the challenges of wartime, which became possible due to active measures from the government.
Specifically, rental prices for one-room apartments in Odesa increased by 18%. In Kyiv, the average cost of a one-room apartment is $66.5 thousand, in Lviv - $68 thousand. At the same time, in Mykolaiv, the average cost decreased by 5%, and in Zaporizhzhia - by 6%. The exposure time for apartments in Kyiv decreased from 65 to 50 days, and in Lviv - from 62 to 34 days, indicating a revival of demand.
Key Trends of the Year
The number of new projects in Kyiv and the region increased by 85% compared to last year. In Lviv, sales opened in 63 new residential complexes over the year. Since the start of the 'eOselya' program, over 21 thousand loans totaling 31 billion UAH have been issued, of which more than 4.3 thousand housing loans from developers were issued in 2025. Additionally, 28 thousand families received housing certificates worth 40 billion UAH under the 'eVidnovlennya' program.
Among the key trends of the year, it is worth noting:
- price growth;
- revival of demand;
- regional recovery.
The most expensive new buildings remain in Lviv (58.6 thousand UAH/m²), Kyiv (55.3 thousand UAH/m²), and Odesa (47.1 thousand UAH/m²). A record price increase of 21% was recorded in Ternopil, 18% in Odesa and Rivne. The ratio of the average cost of a one-room apartment to the annual salary in Kyiv decreased from 8.2 to 7.5, which may indicate improved housing affordability for the population.
Thus, the real estate market in Ukraine in 2025 demonstrates positive changes that may be related to active government support and growing demand, especially in regions affected by the conflict.
The recovery of the real estate market in Ukraine in 2025 reflects not only economic trends but also social changes in society. Source: Analytical Report 2025
The growing demand for housing, especially in regions affected by the war, indicates hope for recovery and a return to normal life. State programs such as 'eOselya' and 'eVidnovlennya' play a significant role in supporting this process, particularly through providing accessible financing for many families.