Over UAH 30 billion has been invested in land by Ukrainians in the four years since the opening of the agricultural land market, according to the StateGeoCadastre. Despite the coronavirus crisis and war, the average price of a hectare has increased by 60%. Currently, the average price per hectare is UAH 60.7 thousand. The number of transactions has increased by 13% in 4 years. Currently, the most expensive land is in Ivano-Frankivsk, Lviv and Kyiv regions.
339,644 land sale and purchase transactions have been concluded since the opening of the land market in Ukraine in July 2021. In total, more than 636 thousand hectares were sold for UAH 30.4 billion. At the same time, the average price per hectare increased by 60% to UAH 60.7 thousand per hectare as of June 2025.
We follow the dynamics on the page about the Land Market in Ukraine.
The first months after the market opening were quite active. Thus, in July 2021, more than 2 thousand transactions were concluded, and the average price per hectare reached UAH 95.7 thousand. The excitement slowly subsided: the number of transactions increased, while the average price fell. Thus, in December 2021, a hectare cost UAH 33.7 thousand.
With the outbreak of a full-scale war, the market practically stopped, with 323 transactions in May 2022 alone. Recovery began in the summer, but volumes remained low: up to 4.6 thousand transactions per month. This was three times less than at the end of 2021.
In 2023, the market gradually stabilized: 4 to 7 thousand transactions were made every month. At the same time, the price was also growing: from 39 thousand UAH/ha at the beginning of the year to 42 thousand UAH/ha at the end of the year.
At the beginning of 2024, the land market became available to companies as well – the market revived, but the expected surge did not happen. This is likely due to restrictions on transactions with Ukrainian land for companies with foreign owners. For example, half of the top 10 companies in the agricultural sector according to the Opendatabot 2025 Index have foreign roots. Since March, the number of transactions has exceeded 9 thousand per month, and the total monthly value of transactions is over UAH 1 billion. The price per hectare in 2024 ranged from UAH 43-52 thousand.
If we compare the first half of 2025 with the first period of the land market (July-December 2021), the number of transactions increased by 13%, while the value of transactions almost tripled (from UAH 2.85 billion to UAH 8.22 billion).
Currently, land in Ivano-Frankivsk region is the most expensive – on average, a buyer pays UAH 126.6 thousand per hectare. Lviv region is next with 118.3 thousand UAH/ha, Kyiv region – 89.4 thousand UAH/ha, Ternopil region – 86.9 thousand UAH/ha. Among the frontline regions, Dnipropetrovs’k region leads in terms of agricultural land prices, with buyers paying an average of UAH 73.9 thousand per hectare.
The lowest land prices are in the frontline regions: Zaporizhzhia region – 38.3 thousand UAH/ha, Kherson region – 39.1 thousand UAH/ha, Chernihiv region – 41.1 thousand UAH/ha, Mykolaiv region – 41.6 thousand UAH/ha and Odesa region – 41.8 thousand UAH/ha.
This year, the most active land purchases are in Poltava (5.4 thousand transactions), Vinnytsia (5.4 thousand) and Kyiv (4.7 thousand).
https://opendatabot.ua/analytics/land-2025
