ČSOB Housing Index: Property Prices in the Czech Republic Rise Significantly in 2025

The property market in the Czech Republic remains on an upward trend: in 2025, prices for flats, detached houses, and building plots rose significantly, reaching new record levels.

Property prices in the Czech Republic increased noticeably again last year – and with growing momentum. Both flats and detached houses, as well as building plots, reached new record values in 2025, according to the latest data from the ČSOB Housing Index.

Prices for flats rose by 13.6 per cent year-on-year, detached houses by 9.5 per cent, and plots by 7.2 per cent.

“Across all types of property, we have long observed demand exceeding supply, which is reflected in continuing price increases and new record levels. Last year, this trend was further strengthened by lower mortgage rates and rising real wages,” explains Martin Vašek, Chairman of the Board and General Director of ČSOB Hypoteční banka and ČSOB Stavební spořitelna. For the current year, however, he expects a slight easing of annual price growth.

Flats at Record Levels – Growth Momentum Slows

The property market in the Czech Republic remains on an upward trend: in 2025, prices for flats, detached houses, and building plots rose significantly, reaching new record levels. This is shown by the latest ČSOB Housing Index.

Foto: Central Group | Facebook

In the fourth quarter of 2025, flat prices rose by 2.7 per cent, reaching a new peak once again. Since the end of 2023, the increase has amounted to 17.8 per cent. However, the pace of growth has slowed for the third consecutive quarter.

Prices rose particularly sharply in the Karlovy Vary, South Bohemia, and Central Bohemia regions. Panel flats increased in price more than brick-built flats. Smaller units remained especially in demand. The average selling period rose slightly to 4.8 months.

Demand remains exceptionally high in the capital: in Prague, the price per square metre is now around 180,000 koruna. In 2025, 7,800 flats were sold in the city – eight per cent more than the previous year.

Detached Houses: Moderate Growth

Prices for detached houses increased by 2.2 per cent in the fourth quarter of 2025 (9.5 per cent year-on-year), also reaching a new high. Most new builds were in the Central Bohemia region and around Brno. Older properties remain less sought-after.

Plots on the Rise

Building plots rose by 7.2 per cent year-on-year – the strongest increase in almost three years. However, supply remains limited, in part due to outdated development plans and insufficient infrastructure.

Foto: Ümit Yıldırım | Unsplash

At the same time, supply remains structurally constrained: outdated development plans and limited technical infrastructure slow development. Buyers are therefore increasingly looking at locations outside major cities – including areas without complete public infrastructure. Modern technologies such as photovoltaic systems, private sewage solutions, or self-sufficient housing concepts make these locations more attractive.

ČSOB Housing Index

Since April 2011, the ČSOB Housing Index has analysed developments in property prices in the Czech Republic. It is based on real market value estimates of properties financed through mortgage loans by customers of the ČSOB Group. The banking group is one of the leading providers of housing finance in the Czech Republic.