Apartment prices in the country’s major cities rose by 0.3% in January
Ober-Haus Lithuanian Apartment Price Index (OHBI), which captures changes in apartment prices in the five largest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys), increased by 0.3% in January 2024. The overall level of apartment prices in Lithuania’s major cities grew by 2.1% over the last 12 months (annual growth of 1.7% in December 2023).
In January 2024, in Vilnius, Kaunas and Klaipėda, the sales prices of apartments grew by 0.2%, 0.5% and 0.6%, respectively, and the average price per square metre amounted to EUR 2,581 (+6 Eur/m²), EUR 1,745 (+9 Eur/m²), and EUR 1,650 (+10 Eur/m²). Meanwhile, Šiauliai and Panevėžys recorded a decrease of 0.1% and 0.6% respectively in January and the average price per square metre was EUR 1,098 and EUR 1,075 (-6 Eur/m²).
Over the year (January 2024 compared to January 2023) apartment prices increased in all major cities of the country: in Vilnius – 1.6%, in Kaunas – 3.0%, in Klaipėda – 2.8%, in Šiauliai – 2.3%, and in Panevėžys – 1.7%.
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The housing market remains active, but no major changes have been observed
The Ober-Haus Lithuanian apartment price index (OHBI), which follows changes in apartment sale prices in the five biggest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.9% in April 2026. The annual apartment price growth in the biggest cities of Lithuania was 12.1% (a 12.5% increase was recorded in March 2026). In April 2026 apartment prices in Vilnius, Kaunas, Klaipėda, Šiauliai, and Panevėžys increased by 0.8%, 1.1%, 0.3%, 2.7%, and 0.9%, respectively, with the average price per square meter reaching EUR 3,019 (+24 EUR/sqm), EUR 2,161 (+24 EUR/sqm), EUR 1,950 (+6 EUR/sqm), EUR 1,352 (+35 EUR/sqm) and EUR 1,302 (+12 EUR/sqm). In the past 12 months, the prices of apartments increased in all the biggest cities in the country: Vilnius – 11.1%, Kaunas – 15.8%, Klaipėda – 10.6%, Šiauliai – 13.3%, and Panevėžys – 11.5%. “The figures for April of this year show that the country’s housing market remains at its peak of activity. According to data from the Center of Registers, 2.3% more homes (apartments and houses) were purchased in Lithuania in April 2026 than during the same period a year ago. In April of this year, the fastest growth in activity was recorded in the house…
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Lithuania/Vilnius Real Estate Market Report 2026
We present the annual Lithuania (Vilnius) Real Estate Market Review 2026, covering the investment transactions, office, retail, warehouse, residential and land markets. Full report (PDF): Lithuania/Vilnius Real Estate Market Report 2026 [dflip id="76660"][/dflip]
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