According to the latest report from JLL, Poland’s housing market is entering 2025 with renewed strength and stability. After a period of volatility due to inflation and rising interest rates, the market is showing clear signs of recovery, driven by increased demand, institutional interest, and steady price growth.
In this article, we break down the most important insights and forecasts for 2025 — from pricing trends and buyer behavior to rental yields and regional developments.
What to Expect in 2025?
- 📈 Price growth: +5% to +7% expected
- 🏗️ More new developments entering the market
- 📉 Interest rates may drop to around 5% in H2 2025
- 💼 Strong growth in institutional investment, especially in PRS
- 🏘️ Growing appeal of second-tier cities
Average Housing Prices: Early 2025 Snapshot
| City | Avg. Price per m² (Primary Market, €) | Forecast by End of 2025 |
|---|---|---|
| Warsaw | €2,920 | up to €3,100 (+6.2%) |
| Kraków | €2,650 | up to €2,800 (+5.7%) |
| Wrocław | €2,490 | up to €2,630 (+5.6%) |
| Gdańsk | €2,570 | up to €2,720 (+5.8%) |
| Poznań | €2,300 | up to €2,420 (+5.2%) |
| Łódź | €1,980 | up to €2,080 (+5.1%) |
| Katowice | €2,100 | up to €2,220 (+5.7%) |
Warsaw, Kraków, and Gdańsk lead in price growth thanks to limited land supply and consistent demand.
New Development Trends
In 2025, developers are expected to increase construction volumes:
- Faster permitting processes
- Higher interest in suburban zones with access to transport
- Focus on energy-efficient buildings
- Renewed investment in renovation projects, especially in Warsaw and Łódź
Buyer Profile: Who’s Active in 2025?
- 🏡 First-time homebuyers – supported by state programs
- 💼 Private investors – looking for rental yield and capital preservation
- 🌍 Foreign buyers – especially from Germany, Ukraine, and the Netherlands
- 🏢 Institutional funds – acquiring entire residential blocks for rental
Around one-third of transactions in major cities are investment-driven.
Rental Market Outlook
| City | 1-Bedroom (€) | 2-Bedroom (€) | Expected Yield |
|---|---|---|---|
| Warsaw | €760 | €960 | 5.2–5.8% p.a. |
| Kraków | €690 | €880 | 5.0–5.5% p.a. |
| Gdańsk | €680 | €870 | 4.8–5.3% p.a. |
| Wrocław | €660 | €850 | 4.7–5.1% p.a. |
The rental market remains strong due to demand from students, expats, and remote professionals.
Regional Opportunities Beyond Warsaw
JLL identifies growing interest in second-tier cities offering affordability and development potential.
Cities to Watch in 2025:
- Lublin – strong tech and academic base
- Rzeszów – logistics hub with increasing cross-border activity
- Bydgoszcz & Opole – attracting investors due to low entry prices and universities
Institutional Investment Rising
- PRS (Private Rented Sector) is expanding rapidly
- Estimated €1.5 billion in PRS transactions in 2025
- Leading funds from Germany, Sweden, and Austria
- Interest is spreading beyond Warsaw to Kraków, Wrocław, and Tri-City
Key Market Drivers in 2025
- 🔻 Interest rate cuts expected mid-to-late 2025
- 🏦 New state mortgage programs (e.g., “0% credit” under review)
- 🌍 Land scarcity in urban centers remains a bottleneck
- 🌱 Green and energy-efficient construction in high demand
Conclusion
Inside Poland Housing Market: Key Insights from JLL Latest Report reveals that 2025 will be a year of structured growth, moderate price increases, and solid investor activity.
The market is regaining confidence, supported by both domestic demand and institutional capital. Poland stands out as one of the most balanced and promising residential markets in Central Europe.
Whether you’re buying for personal use or investing for income — Poland in 2025 offers growth, stability, and long-term potential.
