20/10/2025

In September 2025, 1,068 apartment purchase-sale transactions were concluded in Vilnius County, i.e. 1.1% fewer than in the previous month and 17.9% more than in September a year ago. In Kaunas County, 572 transactions were concluded, i.e. 24.1% more than in the previous month and 9.8% more than in September a year ago. In Klaipėda County, 385 transactions were concluded, i.e. 0.8% more than in the previous month and 6.1% more than in September a year ago.

According to the “1PI” Housing Price Index of “1Partner LT”, in the secondary market the overall apartment price level in September increased by 0.2% in Vilnius (EUR 4/sq m), 0.2% in Kaunas (EUR 2/sq m) and 0.2% in Klaipėda (EUR 2/sq m).

Year-on-year, prices in Vilnius increased by 2.6% (EUR 51/sq m) to EUR 2,017/sq m. In Kaunas, annual apartment price growth reached 3.0% (EUR 38/sq m) to EUR 1,328/sq m. In Klaipėda, apartment prices in the secondary market increased by 3.0% (EUR 38/sq m) to EUR 1,292/sq m.

In Vilnius, in the central part of the city — Old Town, Naujamiestis, Žvėrynas and Užupis — the prices of older-build apartments increased by 2.7% (EUR 84/sq m) year-on-year to EUR 3,182/sq m. Month-on-month, the price increased by 0.2% (EUR 7/sq m).

In the residential districts closer to the city centre, dominated by older-build reinforced-concrete apartment blocks — i.e. Žirmūnai, Baltupiai, parts of Antakalnis and Šnipiškės — the prices of older-build apartments increased by 1.5% (EUR 29/sq m) year-on-year to EUR 1,913/sq m. Month-on-month, the price increased by 0.2% (EUR 4/sq m).

In the southern part of the capital, including Naujininkai and Vilkpėdė, apartment prices increased by 0.9% (EUR 16/sq m) year-on-year to EUR 1,722/sq m. Month-on-month, the price increased by 0.2% (EUR 3/sq m).

In the zone of Soviet-era residential districts, covering Lazdynai, Karoliniškės, Viršuliškės, Justiniškės, Šeškinė and Fabijoniškės, apartment prices increased by 2.1% (EUR 32/sq m) year-on-year to EUR 1,586/sq m. Month-on-month, the price increased by 0.3% (EUR 4/sq m).

In Pilaitė, the average price of older-build apartments increased by 1.8% (EUR 29/sq m) year-on-year to EUR 1,645/sq m. Month-on-month, the price increased by 0.2% (EUR 4/sq m).

In the northern part of the city, covering Tarandė, Perkūnkiemis, Bajorai, Visoriai and Santariškės, apartment prices increased by 1.8% (EUR 38/sq m) year-on-year to EUR 2,085/sq m. Month-on-month, the price increased by 0.2% (EUR 3/sq m).

In Kaunas city centre and Old Town, the average price of older-build apartments increased by 2.2% (EUR 44/sq m) year-on-year to EUR 2,076/sq m. Month-on-month, the price increased by 0.2% (EUR 3/sq m).

In the northern part of Kaunas, dominated by older-build Soviet-era apartment blocks, the average price of older-build apartments increased by 2.2% (EUR 28/sq m) year-on-year to EUR 1,278/sq m. Month-on-month, the price increased by 0.1% (EUR 2/sq m).

In the western part of the city, covering Vilijampolė and Šilainiai, the average price of older-build apartments increased by 0.9% (EUR 12/sq m) year-on-year to EUR 1,249/sq m. Month-on-month, the price increased by 0.2% (EUR 2/sq m).

In Klaipėda city centre and Old Town, the average apartment price increased by 2.1% (EUR 38/sq m) year-on-year to EUR 1,812/sq m. Month-on-month, the price increased by 0.2% (EUR 3/sq m).

In the southern part of Klaipėda, closer to the city centre, the average apartment price increased by 1.8% (EUR 24/sq m) year-on-year to EUR 1,336/sq m. Month-on-month, the price increased by 0.2% (EUR 2/sq m).

In the southern older-build districts located further from the city centre, the average price increased by 2.6% (EUR 28/sq m) year-on-year to EUR 1,098/sq m. Month-on-month, the price increased by 0.2% (EUR 2/sq m).

In the northern part of Klaipėda, where there is a significantly larger share of newer-build housing, apartments in the secondary market increased in price by 0.8% (EUR 15/sq m) year-on-year to EUR 1,884/sq m. Month-on-month, the price increased by 0.2% (EUR 3/sq m).

According to Viktoras Račkovskis, Director of “1Partner LT”, in September the housing market demonstrated resilience to seasonal factors and maintained positive momentum. Although the number of transactions declined compared to August, this more likely reflects the typical autumn slowdown following the summer season rather than a cooling of the market. Importantly, the annual dynamics remain strong — over the year, the number of transactions increased significantly, while the average transaction value grew even more. This indicates that higher-value real estate units are being purchased, and buyers continue to demonstrate confidence in the market. These indicators confirm that the housing market has entered a phase of stable growth — transaction and price dynamics remain positively correlated, while macroeconomic factors are creating a favourable environment for further development.

About the “1PI” Housing Price Index

The housing price index “1PI”, created by the real estate company “1Partner LT” and its partner real estate data agency “Realdata”, and introduced in autumn 2020, reflects housing price changes across different zones in Vilnius, Kaunas and Klaipėda.

When analysing Vilnius, the “1PI” index monitors apartment price levels and changes across six different areas of the capital. A consolidated “1PI” indicator is calculated based on the weight of each area (the weight of the central part of the capital in the index is 0.19, the central residential districts 0.21, the southern part 0.08, Soviet-era residential districts 0.38, the Pilaitė district 0.05, and the northern part 0.09). Across these six areas, the monitored apartment stock accounts for approximately 89% of the capital’s total apartment stock.

In Kaunas, apartment price levels are monitored across three different zones, from which the consolidated “1PI” indicator is calculated based on the weight of each zone (the weight of the central part is 0.07, the western part 0.72, and the northern part 0.21). These zones account for 92% of Kaunas’ apartment stock.

In Klaipėda, apartment price levels are monitored across four different zones, from which the consolidated “1PI” indicator is calculated based on the weight of each zone (the weight of the central part is 0.11, the southern part closer to the centre 0.19, the southern part further from the centre 0.61, and the northern part 0.09). These zones account for 99% of Klaipėda’s apartment stock.

Until now, housing price indices used in the country — created by Lithuanian institutions and other real estate companies — allowed monitoring only an aggregated housing price change for a selected city.

“1PI”, which provides data from January 2000, is updated monthly and is available to every resident of the country.

About “1Partner LT”

The real estate company “1Partner LT” was established through the merger of three companies operating in different countries: the Lithuanian real estate company “Centro kubas – nekilnojamasis turtas”, which had been active in the Lithuanian market for 20 years; the agency “1Partner”, holding leading positions in Estonia; and the Latvian company “1Partner LV”. Following the establishment of the “1Partner” brand in 2019, these companies operate jointly across the three Baltic states.

More information:
Viktoras Račkovskis, Director, “1Partner LT”
Tel. +370 629 29 123, +370 521 57370
E-mail: viktoras.rackovskis@1partner.lt