# Lithuanian real estate market trends

> Developing situation record from CLSTR: https://clstr.news/situations/lithuanian-real-estate-market-trends
> Updated: 2026-11-03T05:30:00.000Z. Sources: 4. Developments: 3.

Lithuanian real estate analysts initially projected moderate growth and stabilization for the housing market heading into 2026. Following a period of stagnation due to high interest rates, experts anticipated annual price increases between 3% and 7%, driven by high construction costs and limited supply in major cities.

By late October, data indicated structural shifts within the market. In Vilnius, a significant surplus of cottages emerged, with estimates suggesting it could take nearly 32 months to sell current inventories. While the total number of available homes in the capital rose to 6,543, the average price per square meter experienced a slight monthly decrease of 0.3 percent, settling at 4,151 euros. Regional trends showed that property prices in Kaunas and Klaipėda were increasing nearly twice as fast as in Vilnius. Analysts noted that the slight price dip in the capital was likely due to developers using flexible pricing to finalize remaining units in specific projects rather than a broader trend of mass discounts.

Recent data from October reveals a notable slowdown in Vilnius residential sales. The number of new buyers fell by 28 percent compared to September, with 301 apartments sold. Compared to October of the previous year, sales decreased by 36 percent. Analysts attribute this buyer caution to increased housing supply, interest rate uncertainty, and geopolitical instability. While economic class apartment sales grew by 23 percent month-over-month, sales in the middle class segment dropped by nearly 60 percent compared to September, whereas the prestige class segment remained relatively stable.

## Timeline

### 2026-11-03: Vilnius residential real estate sales decline in October

Vilnius apartment sales fell 28 percent in October compared to September, driven by interest rate uncertainty and increased supply.

2 sources. https://clstr.news/cluster/vilnius-residential-real-estate-sales-decline-in-october

### 2026-10-30: Vilnius real estate market shows cottage surplus

Vilnius faces a cottage housing surplus that could take nearly three years to clear, while prices in Kaunas and Klaipėda are rising faster than in the capital.

3 sources. https://clstr.news/cluster/vilnius-real-estate-market-shows-cottage-surplus

### 2026-10-06: Lithuanian real estate prices projected to grow moderately by 2026

Lithuanian real estate experts forecast moderate housing price growth of 3% to 7% by 2026, driven by construction costs and limited supply in major cities like Vilnius.

3 sources. https://clstr.news/cluster/lithuanian-real-estate-prices-projected-to-grow-moderately-by-2026

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Cite as: Lithuanian real estate market trends. CLSTR, https://clstr.news/situations/lithuanian-real-estate-market-trends