Secondary Housing Market in Kyiv Defies Conflict, Prices Surge 25% in a Year.

Secondary Market Prices in Kyiv Jump 25% Annually

According to Novyny.live: Despite the ongoing challenges of shelling and power outages, Kyiv's real estate market is showing significant growth, particularly for existing apartments. As of February 5, 2026, the average price for a new-build apartment in the capital is approximately $1,352 per square meter. In contrast, the average price for a secondary market apartment is notably higher at $1,773 per square meter.

Over the past year, the price per square meter on the secondary market has increased by almost 25%. In the last six months alone, prices have risen by more than 21% in the local currency, the hryvnia, and over 17% in U.S. dollars. This price growth persists even as shelling and utility disruptions continue to affect the daily lives of Kyiv's residents. For context, renting a two-bedroom apartment in Kyiv now costs around 24,000 hryvnias per month.

Real Estate Market Resilience

The demand for housing remains strong despite the instability, as evidenced by the increased time on the market for two-bedroom apartments, which has grown to 57 days. As noted by expert Lyudmyla Kiryukhina:

Despite the shelling and utility problems, prices on the secondary market are not just holding steady—they are rising. — Lyudmyla Kiryukhina

This indicates that demand for apartments in Kyiv remains high, even under difficult circumstances.

Consequently, Kyiv's secondary real estate market is demonstrating resilience and positive trends, which may signal hopes for future recovery and stabilization. This growth is likely linked to a constrained housing supply and a population seeking stability. The sustained high demand for apartments, especially on the secondary market, suggests that residents continue to invest in housing despite the complex situation, reflecting a broader optimism about the country's future recovery that could stimulate further real estate investment.