Tuesday, 28 October 2025
The Slovak housing market showed remarkable stability during the summer months, with average prices fluctuating only within a narrow range. Despite this calm, most regional data still point to a mild upward trend, according to analysts and the latest statistics from property monitoring platforms and the National Bank of Slovakia (NBS).
Among the cities that stood out, Trenčín recorded one of the strongest gains. The average price of a two-room apartment there rose by about 7.5 percent during the summer quarter, reaching roughly €142,000. Analysts attribute the increase to the city’s strong connectivity with Bratislava and Žilina, improving local infrastructure, and continued affordability compared to other regional centres.
“Trenčín remains one of the more accessible regional markets with genuine growth potential,” said property analyst Michal Pružinský, noting that the city is becoming increasingly attractive both to residents and investors seeking long-term appreciation.
In Košice, prices of two-room apartments have been rising steadily for nearly a year, led by Košice IV, where values grew by nearly 7 percent in the third quarter. Other districts showed milder gains, while Košice I was a rare exception, posting a 1 percent decline—one of the few cases of price contraction recorded anywhere in the country.
The strongest growth among three-room apartments was reported in Žilina, where prices rose by about 7 percent. Local agents say the shift reflects the sale of lower-priced units earlier in the year and the dominance of new, higher-standard developments on the market. Banská Bystrica also posted a solid increase of around 6.5 percent, driven by new construction activity, while Nitra saw similar growth.
The Bratislava Old Town remained Slovakia’s most expensive location despite a marginal price dip of about 1 percent. A typical three-room flat there now sells for roughly €410,000, underscoring the district’s continuing status as a premium residential zone.
Data from the NBS Housing Price Index for Q3 2025 confirm that national housing prices rose by 0.7 percent quarter-on-quarter, with annual growth still subdued compared to pre-2023 peaks. Most regional markets are showing balanced supply-demand dynamics, supported by stable mortgage conditions and the gradual completion of new residential projects.
Overall, Slovakia’s housing market appears to be entering a period of sustained equilibrium. While prices continue to rise modestly in several regional centres, the pace remains steady, reflecting a maturing property landscape driven more by local fundamentals than speculative demand.
Source: TASR, NOW.sk, National Bank of Slovakia (NBS), NARKS, Reality.sk, and Nehnutelnosti.sk.
