Real estate prices in the Czech Republic continue to rise — and at a steady pace. A new analysis shows that micro-apartments are particularly in demand, especially in Prague. Buyers are responding to the persistently high prices per square metre.
The Czech housing market remained dynamic in the second quarter of 2025. According to the current Sreality.cz Index, asking prices for medium-sized existing flats in the Czech Republic were around 16 per cent higher year-on-year. This means that price growth has remained stable for the second quarter running. It is striking that, alongside the rise in prices for traditional flats, interest in so-called micro-flats is increasing noticeably.
On average, apartments were offered on the Sreality.cz real estate portal in the second quarter of 2025 for CZK 81,117 per square metre — an increase of 16.3 per cent compared to the same period last year. ‘The rising prices are closely linked to the slight drop in interest rates and growing buyer interest,’ explains Hana Kontriš, Head of Industry Services at Seznam.cz.
Largest price increases in the east and north of the country
The price increase was particularly pronounced in Moravskoslezský kraj (Silesia) with a rise of 26 per cent, followed by Ústecký kraj (24 per cent) and Královéhradecký kraj (22 per cent). The lowest increase was in Liberecký kraj, where it was only 9 per cent. Not a single part of the country recorded a decline in prices.
‘The growth in asking prices remained consistent in the first half of 2025,’ confirms Štěpán Matějka, data analyst at Sreality.cz. ‘In the first six months, annual price increases were consistently between 16.5 and 17.7 per cent.’
Micro-apartments are booming — especially in Prague
In addition to the general rise in prices, very small apartments are currently attracting particular attention. ‘Micro-apartments are a big topic, especially in Prague. Due to the high prices in the capital, many prospective buyers are looking for particularly space-saving and therefore more affordable alternatives,’ Kontriš continues.
This is also reflected in data from Sreality.cz: compared to the second quarter of 2024, interest in micro-apartments has risen by a whopping 56 per cent — measured by the average daily number of views of the listings. At the same time, these tiny apartments sold significantly faster than larger units in the second quarter of 2025. On average, they remained on the market for less than two months — shorter than any other apartment size. Compared to the previous year, the average listing duration even shortened by 41 per cent.
Focus on Prague: Over 400 micro-apartments on offer
A particularly large number of micro-apartments were advertised in Prague in the second quarter — more than 400 properties. ‘Buyers are trying to save money, especially in the most expensive city in the country. This is reflected not only in the rising prices of prefabricated apartments, which are closing the gap with brick buildings, but also in the strong trend towards micro-apartments,’ Kontriš concluded.
