Headline numbers (July 2021 – June 2025)
| Metric | Value |
|---|---|
| Total purchase–sale contracts | 339 644 |
| Hectares transferred | 636 000 ha |
| Cumulative spend | ₴30 billion |
| Average price/ha at launch (July 2021) | ₴38 000 |
| Average price/ha today | ₴60 700 (+60 %) |
Price Leaders (current average per hectare)
-
Ivano-Frankivsk – ₴126 600
-
Lviv – ₴118 300
-
Kyiv – ₴89 400
-
Ternopil – ₴86 900
-
Dnipropetrovsk – ₴73 900
Deal Hot-Spots in 2025
| Region | Contracts (Jan–Jun 2025) |
|---|---|
| Poltava | 5 400 |
| Vinnytsia | 5 400 |
| Kyiv | 4 700 |
Market Timeline
-
July 2021 – Market opens; >2 000 deals; launch-month price peaks at ₴95 700/ha.
-
Aug 2021–Feb 2022 – Volume grows, prices ease as initial rush subsides.
-
Feb 2022–mid-2023 – Full-scale invasion stalls activity.
-
2023 – Trading stabilises; price curve turns upward with wartime demand for reliable assets.
Why Prices Keep Rising
-
Asset safety hedge against currency and inflation risk.
-
Food-security premium: productive land retains value despite war.
-
Limited supply: small plots dominate listings; large blocks still restricted.
Policy Watch
“Part of the land lies idle and the budget loses millions,”
— MP Nina Yuzhanina on the stalled Land Bank concept.
-
Idle-land issue: lawmakers debate incentives vs. penalties to bring unused plots into cultivation.
-
Next reform wave (2026): legal entities and foreign investors may enter the market, potentially lifting prices further.
Bottom line: even under wartime pressure, Ukraine’s farmland has attracted over ₴30 billion in domestic capital and delivered a 60 % price gain—underscoring the sector’s resilience and strategic importance.
