Wednesday, 21 January 2026
Prices of older apartments in the Czech Republic increased significantly at the end of 2025. According to an analysis by FérMakléři.cz, the average price of older flats rose by 19% year on year to CZK 81,104 per sq m in the fourth quarter. Compared with the third quarter of 2025, prices were on average 3% higher.
The analysis shows that prices increased both year on year and quarter on quarter in all major cities. The strongest annual growth was recorded in Ústí nad Labem, where prices of older apartments rose by 29% compared with the fourth quarter of 2024. In quarter-on-quarter terms, prices in most cities increased by between 1% and 4%.
As in previous years, the highest prices were recorded in Prague. At the end of 2025, the average price of older apartments in the capital reached CZK 151,085 per sq m, representing an 11% increase year on year. This means that an 80 sq m apartment cost around CZK 12.1 million, approximately CZK 1.2 million more than a year earlier. Brno remained the second most expensive market, with an average price of CZK 118,040 per sq m, up 10% year on year. An 80 sq m flat in Brno was priced at roughly CZK 9.44 million, almost CZK 900,000 more than at the end of 2024.
The fastest growth was observed in traditionally more affordable regional markets. In addition to Ústí nad Labem, prices rose sharply in Ostrava, where older apartments increased by more than 20% year on year to CZK 64,697 per sq m. By contrast, the smallest annual increases, aside from Brno, were recorded in České Budějovice and Olomouc, where prices rose by around 10%.
In Hradec Králové, the average price reached CZK 93,190 per sq m, marking a year-on-year increase of 16%. In Plzeň, prices rose by 14% to CZK 83,956 per sq m.
Quarter-on-quarter growth at the end of 2025 was generally moderate. Prices in Prague, Brno, Plzeň and Olomouc increased by around 1% compared with the third quarter. Hradec Králové recorded a 3% rise, while České Budějovice saw prices increase by 2%. The strongest quarterly growth was again seen in Ústí nad Labem and Ostrava, where prices rose by 4%.
Overall, the data indicate that the upward trend in prices of older apartments continued across the Czech housing market in late 2025, with particularly strong momentum in regions that had previously been among the more affordable.
Source: CTK/FérMakléři.cz
