Positive housing market indicators support high expectations among sellers
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 0.7% in October 2025. The annual apartment price growth in the biggest cities of Lithuania was 9.9% (a 9.5% increase was recorded in September 2025).
In October 2025 apartment prices in Vilnius, Kaunas, Klaipėda and Šiauliai increased by 0.7%, 1.0%, 0.3% and 0.7%, respectively, with the average price per square meter reaching EUR 2,871(+21 EUR/sqm), EUR 2,023 (+21 EUR/sqm), EUR 1,869 (+6 EUR/sqm) and EUR 1,250 (+8 EUR/sqm). Meanwhile, Panevėžys recorded a 0.1% decline in apartment prices, with the average price per square meter standing at EUR 1,217 (-2 EUR/m²).
In the past 12 months, the prices of apartments increased in all the biggest cities in the country: 9.5% in Vilnius, 12.1% in Kaunas, 9.1% in Klaipėda, 9.5% in Šiauliai and 8.7% in Panevėžys.
“In October this year, activity in the country’s housing market reached record highs. According to data from the State Enterprise Centre of Registers, nearly 5,000 homes were purchased in Lithuania that month, making it the most successful month since 2021 and one of the most productive in the country’s history. The previous most active period in the housing market was the second quarter of 2021, when 5,000–5,500 apartments and houses were purchased per month.
Growing activity in the housing market continues to accelerate housing price growth, with sales prices rising significantly faster than the prices of other consumer goods and services in the country. According to data from the State Data Agency, annual inflation calculated according to the harmonised consumer price index was 3.7% in October 2025, while apartment prices rose by 9.9% over the same period. Therefore, real apartment prices, adjusted for inflation, increased by 5.9% year on year in the country’s major cities. The last time faster growth in real apartment prices was recorded was in the second half of 2021 and early 2022. This indicates that the country’s housing market is currently experiencing an especially active period, driven by demand for first-time or higher-quality housing, investment opportunities and high expectations among housing sellers,” said Raimondas Reginis, research manager for the Baltics at Ober-Haus.
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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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