How much is an apartment in Kyiv in 2024
In the second half of 2024, prices for apartments in the secondary market of Kyiv increased only slightly. One-room real estate remained approximately at the same level, while 2-3-room housing increased in price by about 5-6%. If you are planning to buy an apartment in the capital in the near future, it does not hurt to get oriented in advance in the prices and find out in which area the purchase will be the most profitable. We share up-to-date information on how much secondary real estate in Kyiv costs now.
How much is the average cost of an apartment in Kyiv
As of December 2024, the average cost of a one-bedroom apartment in Kyiv is $60,000. It is noteworthy that for six months this figure has not changed, i.e. the most popular, one-room housing has neither become more expensive nor cheaper. This situation is observed in the secondary market of Kyiv.
A one-bedroom apartment in the capital on average costs $95,000. Over the last six months, the average price for this category of secondary real estate has increased by 6%.
If a three-bedroom secondary property is considered for purchase, the sellers are asking an average of $137,000 for it. These apartments have also gone up in price: over the last six months, their average price has increased by about 5%.
The average cost of an apartment in Kyiv by district
District | 1-bedroom | 2-room | 3-room |
Pechersky | 130,000$ | 185,000$ | 305,000$ |
Shevchenko's | 80,000$ | 125,000$ | 190,000$ |
Goloseevsky | 68,000$ | 107,000$ | 155,000$ |
Darnitskyi | 59,000$ | 90,000$ | 112,000$ |
Podolsky | 57,500$ | 86,000$ | 105,000$ |
Dniprovskyi | 55,300$ | 69,900$ | 100,000$ |
Obolonskyi | 53,000$ | 75,000$ | 107,000$ |
Solomenskyi | 49,000$ | 75,000$ | 120,000$ |
Svyatoshinsky | 46,000$ | 62,000$ | 85,500$ |
Desnianskyi | 39,500$ | 53,000$ | 67,600$ |
The cost of apartments in different districts of Kyiv differs significantly. The most expensive offers are traditionally presented in the central part of the city and prestigious districts. The leader is invariably Pechersky district, where for a one-bedroom apartment on average you will have to pay 130 000 dollars. A one-bedroom apartment in the historical part of the city will cost $185,000, a two-bedroom apartment - $305,000.
Shevchenkovsky district is noticeably behind Pechersky district in terms of real estate prices, but compared to other capital districts housing in it is not cheap. Here for a 1-room apartment on the secondary market ask an average of 80 000 dollars. Two-room and three-room properties cost $125,000 and $190,000 respectively.
The cheapest apartments can be found in Desnyanskyi district of Kyiv. In this part of the capital you will have to pay an average of 39,500 dollars for a one-room property. Two-room dwelling will cost $53,000, and three-room dwelling - $67,600. It is noteworthy that even in some cities in the suburbs of the capital apartments are more expensive than in Desnyanskyi district. This situation is observed in Brovary, Vyshnevy, Petropavlivska Borschagivka and Sofievska Borschagivka.
What factors affect the cost of an apartment in Kyiv
The cost of a square meter in the real estate market is formed taking into account many factors. It is influenced by the political and economic situation in the country, on which the demand for apartments depends. The latter is also a factor in price formation. If everything is stable in the country, the demand for housing is growing, and prices are growing after it, although in fact the area, repairs and other features of the apartment have not changed. If the situation leaves much to be desired, the demand falls, and after it gradually decreases and real estate prices. When demand is low, sellers are more willing to bargain.
The cost of an apartment in Kyiv is significantly influenced by its location. As you can see from the data in the previous section, the closer to the center of the capital, the more expensive is a square meter of residential real estate. Although it is also possible to find a relatively inexpensive apartment in the central part of the capital, most likely, its condition will be far from ideal.
Additional factors that determine the cost of an apartment in Kyiv:
Transport accessibility. The proximity of the metro, public transport stops, and main highways play an important role. Most residents of the capital need to get to work or school, go to shops or medical institutions, take children to school or kindergarten, etc. The closer the metro or stop, the more it affects the cost of the apartment.
Infrastructure. If the house is located in a developed area with shops, shopping and entertainment centers, kindergartens, schools, clinics, and hospitals, the seller can raise the cost of the apartment. At the same time, the lack of normal infrastructure reduces the cost of housing.
Type of house and its age. The older the house, the cheaper the real estate in it. Accordingly, in inhabited new buildings on the secondary market, housing prices are higher. As for the types of houses, the cheapest options are offered in panel buildings. Monolithic-frame and brick houses are more reliable and warm, so housing in them is more expensive.
Number of floors. Until recently, apartments on high floors with a panoramic view of the city were in great demand. Now they are not very popular. During wartime, buyers tend to choose safer lower floors. In addition, if there is no electricity, you will not have to suffer because of a broken elevator. In this regard, apartments on the lower and middle floors are more expensive.
Area and number of rooms. This factor is simple - the larger the apartment, the more expensive it is. One-room apartments are in the greatest demand, then three-room and two-room apartments.
Condition of the apartment. You can buy a living space without renovation for about 20% cheaper than a similar apartment, but with renovation already completed. But here everything is individual, since one seller can simply re-glue the wallpaper and install new cheap plumbing, while another will change the wiring, windows and doors, replace the flooring, level the walls and ceiling, buy high-quality furniture, etc.
The cost of an apartment in the capital can be affected by such factors as problematic documents, registered minors, debts for utilities, etc. The more difficulties there are with registering the apartment to the new owner, the more the buyer can expect a price reduction. But at the same time, it is important to understand that the low cost of such housing also implies higher risks for the new owner.
If you do not understand where in Kyiv you can really buy an apartment at a good price, it is best to contact professionals. Realtors of the Mayak Real Estate Agency know the capital's real estate market and will find the most advantageous offer taking into account any buyer's requests. Contact the real estate agency to avoid overpaying and become the owner of a good apartment in Kyiv.
