Prices for apartments in one of Ukraine’s “peaceful” cities have soared by 20%.

In Uzhgorod, the average price of a one-room apartment reached about $60,000. Real estate prices here have increased by an average of 20% in dollar terms. The main reason for this is that there are rarely rocket attacks and there is no curfew in Uzhgorod, market experts say.

Meanwhile, the price of apartments has decreased almost throughout Ukraine. In Kyiv, apartments that sold for $70,000 in 2021 can now be purchased for $55,000-$60,000. If calculated in hryvnias, in 2021 the price was ₴1.9 million ($70,000), and in 2023 it is almost ₴2.6 million ($60,000). Therefore, prices in dollars terms fell, but in hryvnias, they increased significantly.

This situation has been observed almost everywhere, except for Uzhgorod. In particular, construction costs have increased, which is why apartment prices, especially in new buildings, have increased significantly.