Home Prices in Slovakia Climb Sharply Over the Past Year

5 February 2026

The cost of buying a home in Slovakia increased markedly over the past year, with nationwide figures showing double-digit growth and a noticeable jump in the average price per square metre. The rise was most visible in the country’s two largest urban areas, which had the strongest influence on overall market levels.

Property listings and banking sector analyses indicate that values strengthened throughout the year after a quieter period earlier in the cycle. Flats accounted for much of the upward movement, while standalone houses also became more expensive, though their increases were generally less pronounced.

Price development varied by location. The capital region remained the most expensive part of the country and continued to pull the national average upward. Košice and its surrounding districts also registered significant gains, reversing softer trends seen previously. Other regions recorded more moderate changes, and in a few cases prices moved little or briefly edged down before recovering.

Economists link the renewed growth to steady employment conditions and improved access to home financing compared with the previous year. However, they also note that the strong pace seen recently may ease if household budgets come under pressure or borrowing conditions change.

Overall, the latest figures suggest that Slovakia’s residential market finished the year with higher asking prices and revived buyer interest, although future increases are expected to proceed at a more measured speed.

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