Land prices in Ukraine: Mykolaiv region ranks among the areas with the lowest costs.

Land prices in Ukraine: Mykolaiv region among the areas with the lowest prices

In 2024, a total of 106,669 land plots covering an area of 320,660 hectares were sold in Ukraine. The average price per hectare was 46,678 hryvnias ($1,163).

This information was reported by the press service of the Ministry of Agrarian Policy.

According to the ministry, the highest average prices were recorded in Ivano-Frankivsk (89,744 hryvnias), Lviv (71,390 hryvnias), and Poltava (66,232 hryvnias) regions.

The lowest average prices were found in Zaporizhzhia (33,981 hryvnias), Mykolaiv (34,033 hryvnias), and Sumy (34,936 hryvnias) regions.

The moratorium on the sale of agricultural land by its owners was lifted on July 1, 2021.

The total area of land affected by the moratorium was 17.5 million hectares. From July 1, 2021, to December 31, 2024, 604,000 hectares (198,337 plots) were sold.

Since the lifting of the moratorium, legal entities purchased 25,157 plots (78,307 hectares) at an average price of 62,656 hryvnias ($1,561) per hectare. Individuals bought 81,512 plots (242,353 hectares), with an average price of 41,510 hryvnias ($1,034) per hectare.

According to the ministry, the volume of land sold in 2024 exceeds the total for the first 2.5 years following the removal of the moratorium.