Poland real estate market faces potential price drops due to inheritance trends

The Polish real estate market is expected to see an influx of inherited properties, which experts suggest could lead to significant price decreases, particularly in smaller towns with populations between 50,000 and 100,000.

As Poland faces a natural population decline—with approximately 1.01 million more deaths than births recorded between 2020 and the first half of 2026—a growing number of apartments are being passed down to heirs. Many of these properties are located in older, multi-story buildings made of large panels, often lacking elevators. Because heirs frequently reside in larger metropolitan areas and have no intention of moving to smaller towns, they are increasingly listing these inherited homes for sale.

Estimates suggest that between 80,000 and 120,000 inherited apartments could enter the market annually. While demand remains higher in major cities, the combination of increasing supply and shrinking populations in smaller urban centers is expected to exert downward pressure on property values over the next five years.