Prices of second-hand apartments in the Czech Republic: boom in 2025 between major cities and peripheral areas

A real estate market on a strong growth path

The market for second-hand apartments in the Czech Republic recorded a significant acceleration in the last quarter of 2025. According to an analysis by the real estate platform FérMakléři.cz, average prices increased by 19% year on year, reaching 81,104 Czech crowns per square meter at the national level. Quarter-on-quarter comparison also shows solid growth, up 3% compared to the third quarter of the year. The increase affected all major Czech cities, confirming a phase of strong momentum in the real estate market, driven by domestic demand as well as macroeconomic factors such as inflation and financing costs.

Prague and Brno remain the most expensive cities

As expected, Prague once again ranks as the city with the highest prices. At the end of 2025, one square meter of a second-hand apartment in the capital was sold for an average of 151,085 Czech crowns, marking an 11% annual increase. Brno follows as the second most expensive city in the country, with an average price of 118,040 Czech crowns per square meter, up 10% year on year. In practical terms, a second-hand 80-square-meter apartment in Prague exceeded 12.1 million Czech crowns, an increase of about 1.2 million compared to the previous year. In Brno, the same property costs on average 9.44 million Czech crowns, nearly 900,000 Czech crowns more than in 2024.

Strongest growth in traditionally more affordable cities

While Prague and Brno lead in terms of absolute prices, the strongest percentage growth was recorded in historically more affordable areas. Ústí nad Labem posted the highest annual increase, at 29%, bringing the average price to 49,002 Czech crowns per square meter. Ostrava also showed strong momentum, with an increase of over 21% and an average price of 64,697 Czech crowns per square meter. These figures point to a gradual territorial rebalancing of the market, with growing buyer interest in secondary cities, driven by still competitive prices and improved housing affordability.

Positive trend also in mid-sized cities

In mid-sized cities, price growth remains solid but more moderate. In Hradec Králové, the average price reached 93,190 Czech crowns per square meter, representing a 16% year-on-year increase. Plzeň recorded a 14% rise, reaching 83,956 Czech crowns per square meter. Growth was more moderate, yet still significant, in České Budějovice and Olomouc, where prices increased by around 10% compared to the previous year. These data confirm a broadly shared upward trend, albeit with varying intensity across urban areas.

Quarterly comparison and future outlook

Looking at the quarter-on-quarter comparison, second-hand apartment prices increased in all major Czech cities between the third and fourth quarters of 2025. The increases range between 1% and 4%, with the strongest rises once again recorded in Ústí nad Labem and Ostrava (+4%). Prague, Brno, Plzeň and Olomouc saw more moderate increases, around 1%. Overall, the picture suggests a market that is still expanding, with prospects for further growth in the short term, particularly in regions that have so far been considered more affordable. A trend that could reshape the dynamics of the Czech real estate market in the coming years.

Source: Ceske noviny