The cost of square meters is related to the overall state of the economy.
Only in one major city in Russia — Novokuznetsk — did housing prices decrease in 2025, as RBK found based on SRG data. Secondary housing in the Siberian city fell by an average of 2%, to 92,700 rubles per square meter (1,000 euros).
In the other 49 major cities in Russia, prices for secondary housing rose in 2025. The strongest increases were seen in Makhachkala, Kursk, and Izhevsk.
SRG statistics include the average price per square meter of listings on major advertising platforms and in regional databases (over 100 sources in total). Low growth rates were observed in Balashikha and Astrakhan (1%) and in Penza, Ryazan, Khabarovsk, and Stavropol — at 3%.
Makhachkala, with a population of about 625,000, which exceeds the number of residents in Riga, became the leader in housing price growth. In the capital of Dagestan, the average price per square meter of secondary housing increased by 25% in 2025, reaching 120,900 rubles (about 1,300 euros).
In second place is Kursk, where the average price per square meter of ready housing increased by 24% over the year, to 109,900 rubles. The top three is rounded out by Izhevsk — a growth of 16%, to 97,700 rubles.
In fourth place is Chelyabinsk (growth of 15%, to 102,300 rubles per square meter), in fifth is Naberezhnye Chelny (up 14%, 116,400 rubles) and Kaliningrad (up 14%, 137,300 rubles). The top ten cities with the most expensive housing also includes Voronezh (up 13%), Orenburg (up 13%), Perm (up 12%), Sochi (up 12%), and Ulan-Ude (up 12%). Among them, only three have a population of over one million.
In Moscow, secondary housing increased in price by 10% in 2025, reaching 355,800 rubles per square meter. In St. Petersburg, the average price per square meter at the end of the year was 228,900 rubles (up 10%). Prices for secondary housing in cities with populations over 500,000 increased on average by 8% in the incomplete year of 2025, reaching 147,000 rubles per square meter, as reported by Vedomosti, citing data from the company Tsian.
According to Avito Real Estate, the cost of the secondary market in major cities increased by 8.1% over the year, reaching 209,859 rubles per square meter. According to Etazhi's calculations, this represents a price increase of 5.6% — to 135,900 rubles per square meter.
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