Demand for single-family homes is growing faster than demand for apartments: an analysis by OLX

22 July 15:31

The real estate market showed steady growth in the first half of 2026: the median purchase price of apartments rose by 3%—to over $61,000. These figures were provided by analysts at “OLX Real Estate,” according to "Komersant Ukrainian".

“In the first half of 2026, the apartment market in Ukraine has shown moderate growth. The number of listings increased by 4%, and the average number of responses per listing rose by 3%. At the same time, the median price of apartments in dollars rose by 3% and stood at $61,090 as of June,” the analysts’ report states.

Experts note that the most significant increase in the cost of one-bedroom apartments on the secondary market was recorded in Vinnytsia (11%), Khmelnytskyi (9%), as well as Chernivtsi and Zaporizhzhia (7% each). At the same time, some cities have seen price declines since the beginning of the year, particularly in Kherson (-13%), Rivne (-4%), and Kyiv (-3%).

“Despite a slight drop in prices, Kyiv remains the most expensive city in Ukraine to buy an apartment. Among regional centers, Uzhhorod and Lviv follow the capital in terms of price levels,” analysts note.

According to the analysis, among Ukraine’s largest cities, price trends for one-bedroom apartments varied by district. The most uniform price growth was observed in Odesa, where apartment prices rose by 2–4% across all districts. In Kharkiv, the largest increases were recorded in the Industrial (15%), Slobidskyi (13%), and Osnovyanskyi (11%) districts.

In Lviv, most districts also saw an increase in housing prices, with the most significant increases occurring in the Zaliznychny (12%) and Frankivskyi (9%) districts. At the same time, prices in Kyiv mostly remained stable or declined, with the sharpest drop in the Dniprovskyi district (-10%).

“The trend in Dnipro was the most varied: depending on the district, price changes ranged from 17% in the Soborny District to -22% in the Shevchenkivskyi District,” the report states.

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Home Purchases: Demand Is Rising, but Price Trends Vary

According to the study, in the first half of 2026, Ukrainians’ interest in buying homes continued to grow. The number of active listings increased by 15%, and the average number of responses per listing rose by 24%. Despite this, the median price of houses in dollars remained nearly unchanged at 78,494 USD.

“The largest price increases were recorded in Kherson (26%) and Ternopil (23%); prices also rose significantly in Dnipro and Zhytomyr (9% each). At the same time, home prices fell in most regional centers, particularly in Kropyvnytskyi and Chernihiv (both down 12%), Ivano-Frankivsk and Kharkiv (both down 8%),” the report states.

What Lies Ahead for the Real Estate Market by the End of 2026

According to Oksana Ostapchuk, head of sales development at OLX Real Estate, Ukraine’s real estate market will most likely remain cautiously active in the second half of 2026. No sharp price fluctuations are expected. Instead, a gradual increase in housing prices is possible, in line with inflation and the general rise in construction costs. However, the trend will vary depending on the region, segment, and type of housing.

, the secondary market for buying and selling may see a moderate increase in prices in hryvnia terms. At the same time, price changes may not be reflected in dollar terms due to the rising exchange rate. A significant portion of sellers will continue to adopt a ‘wait-and-see approach,’ particularly homeowners who are abroad and are postponing sales until the security situation improves,” notes Ostapchuk.

According to her, in the primary market, the cost per square meter will continue to rise due to higher prices for construction materials, a shortage of skilled workers, and additional requirements for new properties. Specifically, this includes the installation of shelters, backup power supplies, and parking facilities. The highest demand for apartments is expected in Kyiv, Lviv, and Uzhhorod, and a seasonal market upturn may occur in August–October.

As for the purchase of houses, the expert believes that homes with independent heating and backup power will remain the most in demand.

“As winter approaches, Ukrainians will increasingly view such housing as a way to increase their energy independence. That is why there will continue to be stable demand for homes in the suburbs, where the supply of such properties is greatest,” Ostapchuk notes.

The analyst believes that government housing programs will continue to be key drivers of the market . The “eOselya” program will continue to support demand, especially in the primary market. Payments under the “eVidnovlennia” program and continued funding for housing vouchers for internally displaced persons (IDPs) could boost activity in the ready-to-move-in affordable housing segment.

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