Analysts: Real Estate Prices In Minsk Have Skyrocketed

13.11.2026, 10:44

Experts explained which types of housing are seeing the sharpest price increases in the capital.

In Minsk, the real estate market showed steady growth in October: both the number of transactions and the average price per square meter increased. This positive trend extended to all categories of apartments. Experts from the real estate agency “Avangard” explained which types of housing saw the sharpest price increases.

By the end of October, 1,045 apartment sales transactions were registered in Minsk. Compared to September, when 999 transactions were concluded, market activity increased by 46 transactions, or 4.6%.

The average price per square meter in October reached $2,396. Over the month, the figure increased by $66—from $2,330 to $2,396. That is a 2.8% increase.

“On an annual basis, the growth was even more significant. In October 2025, the average price per square meter was $1,909. Thus, over the course of the year, housing prices rose by $487, or 25.5%,” note analysts at Avangard.

For comparison: in January 2025, this figure stood at $1,640.

In October, an increase in the price per square meter was observed across all apartment segments. Three-bedroom apartments showed the most significant increase. “This segment recorded the most pronounced growth. The average price per square meter was $2,204, up by $162, or 7.9%, compared to September,” — the experts added.

Four-room apartments ranked second in terms of price growth—the average price per square meter rose by $105, or 5.4%, to $2,041.

“The average price per square meter for studio apartments was $2,563. Compared to September, the price increased by $33, or 1.3%. Studio apartments remain the most expensive segment of the market,” the analysts added. “The price per square meter for two-bedroom apartments reached $2,286, up $52, or 2.3%, over the month.”

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