Housing market report: October 2026
What happened in the Estonian housing market last month: sales, prices, loans and wages on one page.
Key figures
- On the month −8.4%, on the year −4.1%
- Apartment sales in October
- 1,930
- On the month +6.4%, on the year +5.3%
- Average apartment price per m² in Estonia
- € 2,376 / m²
- € 1,856 / m², on the year +23%
- House sales (residential plot with a house)
- 253
- A year earlier 3.82%, 6-month Euribor 2.97%
- Average rate on new home loans, September
- 4.45%
Apartment sales per month, Estonia
Show the numbers as a table
| Oct 2026 | 1,930 |
|---|---|
| Sep 2026 | 2,108 |
| Aug 2026 | 1,865 |
| Jul 2026 | 1,996 |
| Jun 2026 | 1,787 |
| May 2026 | 1,729 |
| Apr 2026 | 1,867 |
| Mar 2026 | 1,934 |
| Feb 2026 | 1,565 |
| Jan 2026 | 1,491 |
| Dec 2025 | 1,754 |
| Nov 2025 | 1,666 |
| Oct 2025 | 2,013 |
| Sep 2025 | 2,171 |
| Aug 2025 | 1,910 |
| Jul 2025 | 2,017 |
| Jun 2025 | 1,899 |
| May 2025 | 1,931 |
| Apr 2025 | 1,888 |
| Mar 2025 | 1,754 |
| Feb 2025 | 1,633 |
| Jan 2025 | 1,662 |
| Dec 2024 | 1,867 |
| Nov 2024 | 1,932 |
Average apartment price per m², Estonia
Cities and municipalities
Apartments, the twelve municipalities with the most sales. The year median covers the last 12 months, the change compares it with the 12 months before.
| City or municipality | Sales, October | Month median, € / m² | 12-month median, € / m² | On the year | Sales in 12 months |
|---|---|---|---|---|---|
| Tallinn | 801 | € 2,960 | € 2,930 | +2.4% | 8,833 |
| Tartu | 145 | € 2,280 | € 2,460 | +1.4% | 1,802 |
| Pärnu | 91 | € 1,990 | € 2,010 | −1.6% | 869 |
| Narva | 70 | € 340 | € 390 | −6.1% | 780 |
| Kohtla-Järve | 63 | € 160 | € 150 | +5.2% | 776 |
| Rae vald | 51 | € 2,940 | € 3,200 | +1.6% | 563 |
| Saue vald | 32 | € 2,880 | € 2,670 | +2.5% | 388 |
| Tartu vald | 28 | € 2,730 | € 2,900 | +12% | 378 |
| Viimsi vald | 31 | € 2,940 | € 2,990 | +2.9% | 286 |
| Kambja vald | 6 | € 2,830 | € 2,650 | +9.6% | 258 |
| Jõhvi vald | 13 | € 450 | € 430 | −1.3% | 256 |
| Viljandi | 23 | € 1,350 | € 1,330 | +0.1% | 253 |
Tallinn: where prices rose and fell
Median apartment price per m² over the last 12 months against the 12 before. Districts with at least 50 sales in the year.
Tartu: where prices rose and fell
Median apartment price per m² over the last 12 months against the 12 before. Districts with at least 50 sales in the year.
- Ülejõe +17% · € 3,050
- Annelinn +9.9% · € 1,970
- Ropka tööstuse +7.4% · € 1,910
- Ränilinn +6.2% · € 3,110
- Raadi-Kruusamäe +4.6% · € 2,410
- Jaamamõisa +1.9% · € 2,450
- Kesklinn −0.1% · € 3,200
- Karlova −1.4% · € 2,870
- Tammelinn −1.9% · € 2,710
- Vaksali −4.5% · € 2,670
Can people afford a home?
A typical two-room flat is a 41–55 m² apartment. Payment: a loan of 85 % of the price over 30 years at 4.45%. Wage: the city's median wage in 2025.
| City | Net wage a month | Two-room flat | Years of wages | Payment now | A year ago | One wage buys | Two wages buy |
|---|---|---|---|---|---|---|---|
| Tallinn | € 1,658gross € 2,000 | € 130,000 | 6.5 | € 55734% of net wage | € 516 | 53 m² | 106 m² |
| Tartu | € 1,569gross € 1,882 | € 110,000 | 5.8 | € 47130% of net wage | € 417 | 59 m² | 119 m² |
| Pärnu | € 1,244gross € 1,450 | € 95,500 | 6.4 | € 40933% of net wage | € 394 | 58 m² | 116 m² |
| Viljandi | € 1,315gross € 1,544 | € 65,000 | 4.1 | € 27821% of net wage | € 250 | 92 m² | 185 m² |
| Rakvere | € 1,252gross € 1,460 | € 60,000 | 4 | € 25620% of net wage | € 218 | 92 m² | 184 m² |
| Narva | € 1,078gross € 1,229 | € 20,000 | 1.5 | € 868% of net wage | € 79 | 200+ m² | 200+ m² |
| Kohtla-Järve | € 1,211gross € 1,406 | € 7,000 | 0.5 | € 302% of net wage | € 28 | 200+ m² | 200+ m² |
Net wage, payment and m² are indicative: a 15 % deposit and no other loans. Only cities are listed.
Home loan rate and Euribor
- Average rate on new home loans in Estonia
- 6-month Euribor
Sources
Sources: Land Board (Maa- ja Ruumiamet), Eesti Pank, Statistics Estonia. Calculations: Siia.