In the four years since the launch of the agricultural land market in Ukraine, the price per hectare has risen by 60%, and investment volumes have exceeded UAH 30 billion. Despite the war, the market is showing signs of gradual recovery. In 2025, legal entities have already joined the bidding, and the number of deals and sales volumes have reached new records.
Growth dynamics
The average cost per hectare of agricultural land rose from 38,000 to 60,700 hryvnia between 2021 and 2025. In total, Ukrainians purchased 636,000 hectares, concluding more than 339,000 deals worth over 30.4 billion hryvnia, according to OpenDataBot.
In the first months after the market opened in the summer of 2021, the average price per hectare reached 95,700 hryvnia, but by the end of the year it had fallen to 33,700. Demand remained high, but the market had not yet stabilized.
With the start of full-scale war in 2022, the number of transactions fell sharply — only 323 transactions were registered in May. A partial recovery began in the summer of that year, but volumes remained a third lower (to 4,600 transactions per month) than before the war.
In 2023, the situation stabilized. The monthly number of transactions reached 4–7 thousand, and the average price rose from 39 to 42 thousand UAH/ha.
Legal entities were admitted to the market in 2024. Despite concerns, there was no massive increase in activity due to restrictions on companies with foreign capital. However, since spring, the number of transactions has exceeded 9,000 per month, and the total sales amount has reached UAH 1 billion per month.
Regional statistics: where land is most expensive
In June 2025, the highest average prices per hectare were recorded in:
- Ivano-Frankivsk region — UAH 126,600/ha;
- Lviv region — UAH 118,300/ha;
- Kyiv region — UAH 89,400/ha;
- Ternopil region — 86.9 thousand UAH/ha;
- Dnipropetrovsk region — 73.9 thousand UAH/ha (the highest price among the frontline regions).
Where is the cheapest land
The lowest average price per hectare is observed in:
- Zaporizhzhia region — 38.3 thousand UAH/ha;
- Kherson — 39.1 thousand UAH/ha;
- Chernihiv — 41.1 thousand UAH/ha;
- Mykolaiv — 41.6 thousand UAH/ha;
- Odesa — 41.8 thousand UAH/ha.
The most active regions in terms of the number of transactions
In the first half of 2025, the largest number of transactions was concluded in:
- Poltava region — 5.4 thousand transactions;
- Vinnytsia region — 5.4 thousand transactions;
- Kyiv region — 4.7 thousand transactions.
Compared to the second half of 2021, in the first half of 2025, the number of deals increased by 13%, and the total value tripled: from 2.85 to 8.22 billion UAH.
Conclusion
Despite the difficult economic situation, the land market in Ukraine continues to develop. Rapid price growth, expansion of the circle of participants, and regional activity indicate stabilization and increased confidence. It is expected that with the current dynamics, the land market will remain a promising area for investment.
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