Newer second-hand apartments may still get more expensive
Translated from Polish, summarized and contextualized by DistantNews.
TLDR
- Prices for older, secondary market apartments in Poland are stabilizing after a period of decline, with a slight increase observed in April.
- Newer apartments, often finished to a higher standard, are increasingly dominating the secondary market and are in higher demand despite higher prices.
- Year-on-year price growth for used apartments varies significantly by city, with Olsztyn and Bydgoszcz seeing over 8% increases, while larger markets like Krakow and Warsaw show more moderate growth.
As reported by Rzeczpospolita, a prominent Polish daily known for its in-depth economic and political analysis, the Polish real estate market is experiencing a shift, particularly in the secondary apartment sector. Marcin Drogomirecki, a real estate expert from Grupa Morizon-Gratka, notes that the price stabilization observed since mid-2024 is beginning to wane, signaling a potential for further price increases.
Na ponowny wzrost ลrednich cen ofertowych lokali przekลada siฤ coraz wiฤkszy udziaล mieszkaล w nowszym budownictwie
The driving force behind this trend is the changing composition of the secondary market. Increasingly, newer apartments, built to higher standards and better equipped, are coming onto the market. These properties are more appealing to buyers, who are willing to pay a premium for them, creating a widening price gap between these modern units and older, often renovation-requiring apartments. This preference for newer, better-finished homes is reshaping buyer expectations and market dynamics across Poland.
Zmieniajฤ siฤ bowiem czynniki, ktรณre w ostatnich dwรณch latach stabilizowaลy relacjฤ podaลผy i popytu
Analysis of listings from April 2026 reveals a 1% month-on-month increase in average asking prices for secondary market apartments nationwide, with ลรณdลบ being a notable exception showing a slight decrease. However, the year-on-year picture is more varied. Cities like Olsztyn and Bydgoszcz have seen used apartment prices jump by over 8%, while major metropolitan areas such as Krakow and Warsaw exhibit more moderate year-on-year growth. Drogomirecki predicts this divergence will continue, with newer, higher-standard apartments likely to see further price appreciation, while older properties may face price corrections. This nuanced market behavior underscores the importance of localized analysis within Poland's diverse real estate landscape.
W ujฤciu miesiฤ c do miesiฤ ca ลrednie ceny ofertowe mieszkaล na rynku wtรณrnym wzrosลy przeciฤtnie o 1 proc.
DistantNews Editorial
Originally published by Rzeczpospolita in Polish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
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