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Mykolaiv among the cheapest: apartment prices in Ukraine have risen sharply

The western and capital markets remain the most expensive

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In Ukraine, in most large cities the prices of one-room apartments on the secondary market have risen. The largest increase over the last 6 months was recorded in Ternopil — there the median price of such housing rose by 30% and reached $49,500.

This refers specifically to the median value: half of the listings on the market are more expensive than this figure, and half — cheaper.

Overall, according to a major specialized portal, in the analyzed cities one-room apartments have become more expensive by 2-30%.

Besides Ternopil, the largest price increase was recorded in Lutsk — 22%. In Khmelnytskyi and Vinnytsia the cost of one-room housing rose by 18%.

In Sumy, Zhytomyr, Chernivtsi and Odesa prices rose by 13%. In Rivne, Ivano-Frankivsk and Cherkasy — by 12%. In Lviv and Poltava — by 11%.

Price decreases were recorded in only 2 cities. In Dnipro one-room apartments became cheaper by 6%, and in Zaporizhzhia — by 3%.

In 2 more cities the cost remained unchanged. These are Kherson and Kropyvnytskyi.

On the secondary market one-room apartments in Ukraine are now being sold at prices from $14,000 to $72,200.

The cheapest such housing is in Kherson, where the median price is $14,000. Next are Zaporizhzhia — $16,500, Mykolaiv — $20,500, Kharkiv — $23,500 and Sumy — $26,500.

The most expensive markets remain the western and the capital ones. In Lviv the median price of a one-room apartment is $72,000, in Kyiv — $70,000, in Uzhhorod — $65,300.

In Chernivtsi such housing costs $59,500, in Rivne and Lutsk — $56,000, in Vinnytsia — $53,000, in Zhytomyr — $51,000.

For Mykolaiv these figures have a double meaning. On one hand, the city remains among the most affordable large housing markets in Ukraine. On the other — even $20,500 for a one-room apartment for many Mykolaiv residents in the realities of war, unstable incomes and rising expenses still remains almost an unattainable sum.

Proximity to the front line, security risks, damaged housing, the departure of part of the population and uncertainty about the economy restrain prices in Mykolaiv compared to Kyiv, Lviv or Uzhhorod. The real estate market again demonstrates a simple but unpleasant reality: where there is demand and a sense of relative safety, prices rise rapidly. And where the war is nearby, housing is cheaper not because of comfort, but because of risks, losses and uncertainty about tomorrow.

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