Prices of apartments in Poland. Data for the first quarter of 2025

As stated, declines are visible in both annual and quarterly terms. For a year, the square meter of apartments up to 35 sq m in Sosnowiec (by 18 %), as well as in Gdańsk and Gdynia (7 % each) and Warsaw (by 2 %). The capital also recorded declines in the segment of medium apartments (from 35 to 60 sq m) by 1 percent. less than a year ago.

“Quarterly (1st quarter 2025 to the fourth quarter of 2024) small apartments were the most in Sosnowiec (by 12 %), and besides also in Krakow (by 3 %), Gdańsk (by 2 %) and Warsaw (by 1 percent). Medium apartments have become cheaper from 3 % in Warsaw, for 2 % in Lublin to 1 % in Częstochowa, Krakow and Cracow, and in Częstochowa, Cracow and Cracow, and Cracow in Częstochowa. Sosnowiec, over 60 sq m, turned out to be 10 % cheaper in the current quarter, by 3 percent, by 2 percent

Anton Bubiel, president of Rentier.io, announced that, taking into account the prices of apartments from the secondary and primary market in three area segments, the rates for the last year have changed the rates for a meter of small apartments, by 2.1 percent, of which in 4 out of 17 cities these rates have dropped. Medium and large apartments got up to 6.2 percent everywhere, of which only a decrease in prices was recorded in the 1st city.

“More optimism is brought by the comparison of the first quarter of this year with the last quarter of 2024. In the segment of small apartments up to 35 sq m, the rates fell on average by 0.19 percent, of which in 4 out of 17 recorded cities. Medium apartments, between 35 and 60 sq m, increased by 0.28 % on average, of which we had a lower rate per meter. Large, over 60 sq m, went on an average of 0.53 percent into a quarter, but in as many as 7 out of 17 cities the rate per meter turned out to be lower.

According to the report, the main reason for changing the trend to inheritance is the surplus of supply over reduced demand.

“Although the demand from ordinary persons, i.e. those who need to support themselves, is at an average level. However, investment demand has dropped strongly, i.e. from wealthy people who made purchases for 'cash'. This is due to the fact that the lease market was saturated. Rental revenues stood in place or slightly fell while the prices of apartments increased significantly. New investments of this type began to profit. interest on bank deposits and tax bonds ” – added.

The creators of the report pointed out that in the past some investors also made purchases for quick sales at a higher price. However, prices have grown so hard that the buyers stopped accepting further increases. As a result, investors not only limited demand. Some of them not only stopped buying more properties, but even began to sell their premises, thus increasing supply.

“As for the future, depending on the region it may look very different. In the dynamically developing cities, declines will not be too deep and we will get into a state of stabilization quite quickly. This year, significant reduction of interest rates is expected, and next year, the next year will probably be introduced. In addition, the program of subsidies 'first keys' will be launched from next year.

According to the report, the situation in small towns and villages distant from large urban centers may look completely different.

“Demographics are ruthless. The number of empty apartments after the elderly will be increasing. Meanwhile, young people 'run' to large cities. Immigrants do not want to settle there. As a result, many apartments will not find buyers – Added.

As reported, in the list of housing prices in the first quarter of 2025. The lowest rate of 17 cities had large apartments in Sosnowiec, because only PLN 6,360, and the highest rates, reaching up to PLN 19,188 per meter for small apartments, was recorded by Warsaw.

“It is worth recalling, however, that the highest level in history was recorded in Q3 2024 and it was PLN 19,814 per sq m. So it can be seen that prices are falling and for a breakdown of PLN 20,000 per sq m. There is no chance at the moment” – he added.

According to the report, the order of cities in terms of housing prices does not change significantly when they take into account their area.

“In small, up to 35 sq m, the most expensive cities in the first quarter of 2025 were Warsaw, Kraków, Wrocław, Gdańsk, Poznań and Katowice. In each of them for 1 sq m, you had to pay at least PLN 13,000 in medium apartments, over 35 to 60 sq m, Gdynia (PLN 12,285) joined the group of the most expensive cities, PLN in Warsaw.

The authors of the report noticed that the smaller the area of ​​the apartment, the greater the price per square meter and this principle in the first quarter of 2025 concerned 12 out of 17 cities. In Częstochowa, Gdynia and Warsaw, a meter of medium apartment turned out to be the cheapest. Different in Sosnowiec, where among all of the margins it was the average apartments that fell out the most expensive per meter.

According to the report, small apartments up to 35 sq m in the first quarter cost almost 20 thousand. PLN per meter The closest to achieving this price ceiling was Warsaw (PLN 19,188), in the second in the order of Krakow it is clearly less (PLN 17,375), as in Wrocław (PLN 16,100).

“Sosnowiec (PLN 6,440), Częstochowa (PLN 7,552 PLN) and Bydgoszcz (PLN 10,000) turned out to be the cheapest cities with apartments up to 35 sq m. If the extreme rates should be used when buying a 35 m2 apartment, in the most expensive Warsaw it would cost PLN 671,580, and in the cheapest Sosnowiec PLN 225 400, i.e. 33 % of the Warsaw apartment” – added.

It was added that during the year a square meter of medium apartment was most expensive in Katowice, as much as 24 percent. Toruń (10 percent), Bydgoszcz (11 percent) and Rzeszów (12 percent) also recorded significant increases. In Krakow, the rate for 1 sq m has not twitched in the last 12 months, and in Warsaw as the only city fell, by 1 percent. More price drops can be seen between quarters (IV quart. 2024 to 1st quart. 2025). These appeared in Częstochowa, Kraków, Lublin, Poznań, Sosnowiec and again in Warsaw, where they ranged from 1 to 3 percent.

The cheapest apartments considered average in terms of area were in the first quarter of 2025. Częstochowa (PLN 6,900), Sosnowiec (PLN 7,096) and Radom (PLN 7,389).

It was added that for a year a meter of a large apartment he became more expensive in each of the 17 cities. Most in Katowice (by 16 %), and the least in Gdańsk, Radom and Wrocław (by 2 %).

“Compared to the previous quarter, the declines were in 7 out of 17 cities. From the minimum (1 percent) in Wrocław, Toruń, Poznań and Bialystok to a clear (10 percent) in Radom. Large apartments over 60 sq m in the first quarter cost the most in Warsaw (PLN 16,806 per meter), Krakow (PLN 14,600) and Gdańsk (PLN 12,800). KW. 2025. Sosnowiec (PLN 6,360), Radom (PLN 7 111) and Częstochowa (PLN 7,468) ” – added.

According to the data comparison, rankomat.pl, in the months of January-Marzec falling on the first quarter of 2025. The median of the cheapest insurance offers of the apartment amounted to PLN 213.

“It should be remembered that the annual policy in each of the 17 analyzed cities can cost both below and below this amount. The most depends on the value of the property and the scope of insurance, but insurance companies also take into account the risk of flood in the area or the history of damage in recent years” – added.