Ukraine's secondary housing market in 2026 demonstrates a pronounced regional divergence. According to LUN Statistics analytics, over the past year, the number of apartment sales listings in major cities moved in opposite directions: supply in Odesa increased by 32%, in Kyiv it decreased by 4%, and in Ivano-Frankivsk it dropped by 27%. Such discrepancies indicate that there is no single national trend in the housing market — dynamics are driven by local factors: migration flows, sellers' price expectations, and buyer demand.
Kyiv: Sellers Switch to Rental Market
In the capital, the number of apartment sales listings fell by another 2% over the past month, while rental housing supply, conversely, is growing. LUN Statistics head Lyudmila Kiryukhina explains this dynamic by the fact that some owners who left Kyiv prefer to rent out their apartments rather than put them up for sale. "Renting out an apartment and selling it are different decisions for a relocating person. Therefore, the growth of rental supply in Kyiv against the backdrop of falling sales may indicate that some owners are not yet ready to sell their housing," she emphasized. The apartment typology picture is mixed: the largest annual drop in the capital was seen in four-room and larger apartments — down 18%, three-room apartments — down 9%, and two-room apartments — down 4%. Meanwhile, one-room apartments, conversely, rose in listing price share by 4% and now account for over a third of all sales announcements in Kyiv.
Odesa: Anomalous Growth in Supply
Odesa became the city with the sharpest growth in supply over the year — up 32%, adding another 2% over the last month. The increase is recorded across all categories: two-room apartments grew by 36%, one-room apartments by 33%, and three-room apartments by 23%. LUN analysts attribute this surge to two factors: some owners decided to sell housing after relocating, and some apartments are waiting longer for buyers, which increases accumulated supply. In other major cities, annual changes were moderate: in Lviv, the number of listings grew by 8%, in Dnipro by 5%, and in Uzhhorod by 4%.
Ivano-Frankivsk: Correction After Anomalous Growth
In Ivano-Frankivsk, apartment sales supply shrank by 27% over the year, with two-room apartments decreasing by 32% and three-room apartments by 33%. However, over the past month, the trend reversed: supply grew by 4%. LUN notes that for a correct assessment of the situation, it is important to consider longer-term dynamics. According to their data, the current level of listings in Kyiv and Ivano-Frankivsk is returning to 2024 figures, while last year's sharp growth was atypical for the market and likely associated with temporary supply accumulation amid uncertainty.
Price Discrepancies Amplify Regional Gap
Changes in supply are accompanied by varying price dynamics, which further amplifies the regional gap. In Kyiv, the average price of a one-room apartment remained virtually unchanged over the year, while a two-room apartment fell in price by 6% to $98,800. In Ivano-Frankivsk, the picture is different: one-room apartments rose in price by 24% to $48,900, and two-room apartments by 19% to $68,400. Thus, with shrinking supply in Ivano-Frankivsk, prices are rising, whereas in Kyiv, against the background of moderate supply decline, prices remain stable or adjust slightly downward.
Context: OLX Data and Methodological Differences
It is worth noting that various analytical platforms record somewhat different figures for individual segments. Thus, according to OLX Real Estate data comparing July 2026 with July 2025, the number of sales listings for one-room apartments on the secondary market in Kyiv decreased by 18%, while LUN Statistics records a 4% growth in this segment over the year. Differences may be due to different calculation methodologies, platform coverage, and the exact comparison time window. Nevertheless, the general conclusion about regional market divergence — growing supply in Odesa and its contraction in Kyiv and Ivano-Frankivsk — is confirmed by both analytical services.
