In May 2026, 1,126 apartment purchase-sale transactions were concluded in Vilnius County, i.e. 2.8% fewer than a month earlier and 3.3% more than in May last year. In Kaunas County, 489 transactions were concluded, i.e. 9.6% fewer than a month earlier and 1.5% fewer than in May last year. In Klaipėda County, 397 transactions were concluded, i.e. 9.7% fewer than a month earlier and 1.5% fewer than in May last year.

According to the “1PI” housing price index of “1Partner LT”, the overall apartment price level in the secondary market increased in May by 1.0% in Vilnius (EUR 21/sq. m), by 0.9% in Kaunas (EUR 13/sq. m), and by 0.6% in Klaipėda (EUR 8/sq. m). Over the year, prices in Vilnius increased by 5.7% (EUR 114/sq. m) to EUR 2,122/sq. m. In Kaunas, annual apartment price growth reached 5.4% (EUR 72/sq. m) to EUR 1,392/sq. m. In Klaipėda, apartment prices in the secondary market increased by 4.9% (EUR 63/sq. m) over the year to EUR 1,348/sq. m.

In the central part of Vilnius — the Old Town, Naujamiestis, Žvėrynas and Užupis — prices of old-construction apartments increased by 5.0% (EUR 159/sq. m) over the year to EUR 3,324/sq. m. During the month, the price increased by 0.8% (EUR 27/sq. m).

In residential districts closer to the city centre, where old-construction reinforced concrete apartment buildings dominate — namely Žirmūnai, Baltupiai, and parts of Antakalnis and Šnipiškės — prices of old-construction apartments increased by 6.0% (EUR 115/sq. m) over the year to EUR 2,024/sq. m. During the month, the price increased by 1.1% (EUR 23/sq. m).

In the southern part of the capital, which includes Naujininkai and Vilkpėdė, apartment prices increased by 4.4% (EUR 76/sq. m) over the year to EUR 1,793/sq. m. During the month, the price increased by 0.8% (EUR 14/sq. m).

In the zone of Soviet-era residential districts, covering Lazdynai, Karoliniškės, Viršuliškės, Justiniškės, Šeškinė and Fabijoniškės, apartment prices increased by 6.3% (EUR 99/sq. m) over the year to EUR 1,682/sq. m. During the month, the price increased by 1.1% (EUR 18/sq. m).

In Pilaitė, the average price of old-construction apartments increased by 5.5% (EUR 90/sq. m) over the year to EUR 1,736/sq. m. During the month, the price increased by 1.2% (EUR 21/sq. m).

In the northern part of the city, covering the districts of Tarandė, Perkūnkiemis, Bajorai, Visoriai and Santariškės, apartment prices increased by 6.1% (EUR 126/sq. m) over the year to EUR 2,183/sq. m. During the month, the price increased by 0.8% (EUR 17/sq. m).

In the centre and Old Town of Kaunas, the average price of old-construction apartments increased by 5.0% (EUR 103/sq. m) over the year to EUR 2,167/sq. m. During the month, the price increased by 0.8% (EUR 17/sq. m).

In the northern part of Kaunas, which mainly consists of old Soviet-era apartment buildings, the average price of old-construction apartments increased by 5.6% (EUR 71/sq. m) over the year to EUR 1,338/sq. m. During the month, the price increased by 0.9% (EUR 12/sq. m).

In the western part of the city, covering Vilijampolė and Šilainiai, the average price of old-construction apartments increased by 5.2% (EUR 65/sq. m) over the year to EUR 1,318/sq. m. During the month, the price increased by 1.1% (EUR 14/sq. m).

In the centre and Old Town of Klaipėda, the average apartment price increased by 4.7% (EUR 84/sq. m) over the year to EUR 1,885/sq. m. During the month, the price increased by 0.4% (EUR 8/sq. m).

In the southern part of Klaipėda, located closer to the city centre, the average apartment price increased by 4.6% (EUR 61/sq. m) over the year to EUR 1,391/sq. m. During the month, the price increased by 0.6% (EUR 9/sq. m).

In the southern old-construction districts located further from the centre, the average price increased by 5.3% (EUR 57/sq. m) over the year to EUR 1,148/sq. m. During the month, the price increased by 0.7% (EUR 8/sq. m).

In the northern part of Klaipėda, where there is a significantly larger share of newer-construction housing, apartments in the secondary market increased in price by 4.4% (EUR 83/sq. m) over the year to EUR 1,958/sq. m. During the month, the price increased by 0.4% (EUR 9/sq. m).

According to Viktoras Račkovskis, Director of “1Partner LT”, in May the secondary apartment market showed a clear acceleration in price growth — the annual change in all three major cities is already approaching or exceeding five percent, while in certain areas of Vilnius it reaches as much as six percent. The fastest price growth is seen specifically in residential districts — in Soviet-era neighbourhoods and areas closer to the centre, where there are simply no alternatives and demand is not decreasing. Although the overall number of transactions declined slightly, this indicates not a lack of demand, but limited supply — homes in these segments are sold quickly, and buyers, seeing the accelerating price dynamics, are increasingly less likely to postpone their decisions.

About the “1PI” housing price index

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

When analysing the city of Vilnius, the “1PI” index monitors the level and change of apartment prices in six different areas of the capital, from which the overall “1PI” indicator is derived according to the weight of each area. The weight of the central part of the capital in the index is 0.19, the central part of 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. The number of apartments in the six monitored areas accounts for around 89% of the capital’s apartment stock.

In Kaunas, apartment price levels are monitored in three different zones, from which the overall “1PI” indicator is derived according to the weight of each area. The weight of the central part in the index is 0.07, the western part — 0.72, and the northern part — 0.21. The number of apartments in these zones accounts for 92% of Kaunas’ apartment stock.

In Klaipėda, apartment price levels are monitored in four different zones, from which the overall “1PI” indicator is derived according to the weight of each area. The weight of the central part in the index 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. The number of apartments in these zones accounts for 99% of Klaipėda’s apartment stock.

Until now, housing price indices used in Lithuania and developed by Lithuanian institutions and other real estate companies allowed only the general change in housing prices in a selected city to be monitored.

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

About “1Partner LT”

The real estate company “1Partner LT” was established a year ago following the merger of three companies operating in different countries: “Centro kubas – nekilnojamasis turtas”, a real estate company that had operated in the Lithuanian market for 20 years, the “1Partner” agency, which holds a leading position in real estate in Estonia, and the Latvian company “1Partner LV”. Following the establishment of the “1Partner” brand in 2019, these companies now operate together in the three Baltic countries.

More information:

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