Will real estate prices in Lithuania finally reach their peak, or could they start to decline? These questions concern both prospective homebuyers and investors. In 2025, real estate prices are expected to remain dynamic, and the latest statistics indicate that market changes may surprise many. Read on to discover the trends you can expect in major Lithuanian cities and beyond.

Prices of Different Types of Real Estate in Lithuania

Real estate prices vary depending on the type of property. Below are key trends and average prices for different real estate segments. These insights will help buyers and investors understand their opportunities in 2025.

Apartments: In 2025, apartment prices continue to rise. In Vilnius, the average price is around €2,500 per square meter, while in Kaunas, it is approximately €1,800 per square meter. This growth is driven by high demand and limited supply. Experts predict that prices in major cities, especially Vilnius and Kaunas, could increase by 5–8% per year.
Houses: Prices of detached houses are also on the rise. In the Vilnius region, the average house price ranges from €200,000 to €300,000, depending on location and size. In Kaunas, prices are slightly lower, averaging between €150,000 and €250,000. This increase is fueled by a limited supply of new homes and strong demand, supported by improving financial stability among residents.
Other Property Types: The commercial real estate sector is experiencing moderate growth, with a notable increase in demand for logistics and warehouse spaces due to the expansion of e-commerce. The total asset value of funds and investors in the Baltic region often equals the annual transaction volume of the commercial real estate market, making diversification into other markets necessary to maintain liquidity.

Different real estate types show varying price trends. However, the most expensive properties remain premium apartments in Vilnius and commercial spaces in central city areas. In contrast, real estate prices in regional areas remain more affordable, especially in the secondary market. These trends reflect both the concentration of economic activity and income levels of the population.

Real Estate Prices in Vilnius, Kaunas, and Other Cities

Real estate prices in Lithuania in 2025 show significant differences between large cities and smaller towns. Vilnius remains the most expensive market, but growing interest in smaller cities presents new opportunities for both residents and investors. While the capital continues to dominate, the rapid development of other urban areas in Lithuania provides increasing options.

Kaunas: Property prices are approximately 20–30% lower than in Vilnius, influenced by both lower demand and a greater supply of available properties. However, Kaunas remains attractive due to its dynamic economic growth and expanding business and service sectors.
Klaipėda, Šiauliai, and Panevėžys: Real estate prices in these cities are often 40–50% lower than in Vilnius, primarily due to lower economic activity and smaller populations. However, these cities offer a quieter environment, good infrastructure, and lower living costs, making them increasingly attractive for young families and investors looking for profitable projects at lower prices.

Statistics indicate clear trends in Lithuanian real estate prices. In 2025, price growth in Vilnius may slow down slightly, but demand will remain strong due to increasing interest from foreign investors and a growing number of highly skilled professionals choosing the capital for its career opportunities and quality of life. Other cities, such as Kaunas and Klaipėda, may also see price increases, but at a slower pace than in Vilnius.

How Have Prices Changed Compared to 2024?

Compared to 2024, Lithuanian real estate prices in 2025 have increased by an average of 5–7%. Growth was faster in major cities due to high demand and limited supply, while smaller cities experienced more moderate price changes. In Vilnius, housing prices increased by 7.8% over the year, while in Kaunas and Klaipėda, the growth was slightly lower.

The 2025 real estate market is expected to remain stable but with slower growth, especially in large cities where housing remains in high demand. However, in some areas lacking economic development hubs, prices may slightly decrease.

What to Expect in 2026?

Experts predict that Lithuanian real estate prices will continue to grow in 2026, but at a slower pace of 3–5%. This growth will be driven by steady economic expansion, increasing foreign investments, and a persistent demand for highly skilled workers. As a result, moderate price increases are expected in Vilnius and Kaunas.

More people are expected to opt for renting, as purchasing a home may become more challenging due to higher prices and stricter lending conditions. This could drive further growth in the rental market and increase demand for investment properties. Investing in rental properties may become an attractive option for both local and foreign investors seeking stable returns.

Additionally, business loans for real estate investment could become a viable financing option. Various financial institutions offer specialized loans for real estate projects, helping both new and experienced investors bring their projects to life. However, it is crucial to analyze market conditions carefully and seek advice from financial experts before making investment decisions.

Real Estate Prices in Lithuania vs. Abroad

Real estate prices vary significantly worldwide, depending on economic conditions and demand in each region. In Western Europe, particularly in major cities like London, Paris, and Berlin, real estate prices are extremely high. In contrast, Eastern European markets, including Lithuania, remain more affordable but have experienced rapid price growth in recent years.

Cities such as Vilnius, Kaunas, and Warsaw have become popular investment targets, further driving up prices. However, Lithuania’s real estate market now has higher average prices than many other Eastern European countries.

Lithuania: €4,458 per square meter
Poland: €2,500 per square meter
Czech Republic: €3,000 per square meter
Hungary: €2,000 per square meter

While Lithuania holds a strong position in the Eastern European market, its prices remain competitive compared to Western European cities.