As of October 2026, Lviv has solidified its position in first place among Ukrainian cities for the median cost of one- and two-room housing on the secondary market. Over the year, prices in these segments increased by 14% and 15% respectively, whereas in Kyiv, the trend was the opposite: one-room apartments rose in price by only 1%, while two-room apartments fell by 7%. The difference between the two largest markets reached $8,500–$10,000 depending on the property type.
One-room apartments: Lviv leads by $8,500
The median price of a one-room apartment in Lviv is $75,500, which is 14% higher than a year ago. Uzhhorod ranks second in this segment with a median of $68,500. Kyiv has fallen to third place: similar housing in the capital costs $67,000, with an annual increase of only 1%. Thus, the gap between Lviv and Kyiv in this segment has reached $8,500, the highest value recorded in the secondary market history.
Two-room apartments: diverging trajectories
In the two-room segment, the contrast between the cities is even more pronounced. In Lviv, the median cost rose by 15% to $108,000. In Kyiv, by contrast, prices fell by 7% to $98,000. The difference between the cities reached $10,000. Experts attribute the diverging trajectories to differences in supply structure: less new housing is entering the market in Lviv, which sustains demand for secondary objects, whereas in Kyiv, the volume of supply remains more balanced.
Three-room apartments: Kyiv keeps the lead, but the gap is minimal
In the three-room segment, Kyiv still holds the lead: the median price is $146,000, although it has decreased by 3% over the year. In Lviv, three-room apartments rose in price by 19% to $143,000. The gap between the cities has shrunk to $3,000, making the capital's lead in this segment effectively statistical. If current growth rates in Lviv continue, a shift in positions in the three-room segment could occur in the coming quarters.
What statistics say: the median is not the price of a specific apartment
Liudmyla Kyriukhina, Head of LUN Statistics, emphasizes that the median price does not reflect the cost of identical apartments in different cities. The metric is influenced by housing area, condition, building age, and location. “Therefore, a change in the median price does not necessarily mean that every individual apartment has become more expensive or cheaper. It is primarily an indicator of how the supply market is changing,” explained Kyriukhina. Thus, the growth of the median in Lviv points to a shift in supply structure toward more expensive properties, rather than a mechanical price hike for every specific unit.
Context: the primary market confirms the trend
The dynamics in the secondary market align with data on new developments. According to information presented at the Ukrainian Investment Congress 2026, the median price per square meter in Lviv reached $1,500 — the highest value since the start of the war. Lviv leads Kyiv by 6% in the cost of a square meter in new buildings, whereas previously, both cities were on par with fluctuations within the margin of error. For the first time in six months, Vinnytsia entered the top 5 most expensive cities in the primary market ($1,180 per square meter), overtaking Odesa ($1,150 per square meter).