Saare maakond
Property prices in Kuressaare
In Q3 2026, 53 apartments sold in Kuressaare at a median of €1,421/m² (Maa- ja Ruumiamet, the Estonian Land and Spatial Development Board). That is 1.8% lower than a year earlier. The price of a specific apartment depends on the building, the floor, renovation and condition. For your own address you can see building data, risks and surroundings in the free snapshot.
HindaAI provides statistical estimates and does not replace an appraisal report that complies with EVS 875.
Market statistics
The Kuressaare apartment market in numbers
| Measure | Q3 2026 | A year earlier | Change |
|---|---|---|---|
| Median price, €/m² | €1,421/m² | €1,447/m² | -1.8% |
| Mean price, €/m² | €1,436/m² | €1,513/m² | -5.1% |
| Number of sales | 53 | 41 | +29.3% |
Source: Maa- ja Ruumiamet (Estonian Land and Spatial Development Board), real estate transaction statistics (apartment ownerships, purchase and sale). Extract of 19 October 2026. Area-level aggregate data, not a valuation of an individual apartment.
Official transaction statistics are published at Saaremaa municipality level, so the aggregates also cover Kuressaare's surroundings and the rest of the island.
Maa- ja Ruumiamet transaction statistics · Source citation and terms of use
Price trend
The median rose from €1,209/m² in Q4 2024 to €1,421/m² in Q3 2026.
| Quarter | Median | Sales |
|---|---|---|
| Q4 2024 | €1,209/m² | 58 |
| Q1 2025 | €1,329/m² | 43 |
| Q2 2025 | €1,489/m² | 65 |
| Q3 2025 | €1,447/m² | 41 |
| Q4 2025 | €1,372/m² | 52 |
| Q1 2026 | €1,473/m² | 41 |
| Q2 2026 | €1,259/m² | 52 |
| Q3 2026 | €1,421/m² | 53 |
Source: Maa- ja Ruumiamet (Estonian Land and Spatial Development Board), real estate transaction statistics (apartment ownerships, purchase and sale). Extract of 19 October 2026. Area-level aggregate data, not a valuation of an individual apartment.
Building stock
What kind of buildings people live in here
Kuressaare is the heart of Saaremaa, its property market shaped by resort-town seasonality and tight supply: old-town wooden houses, smaller apartment buildings, and a growing holiday-home market. The spas and castle park sustain demand beyond the summer.
The island location means supply grows slowly and well-kept homes move fast. As official statistics cover the whole Saaremaa municipality, look at the specific building alongside the aggregate: the free snapshot shows building data, the HindaAI Score, risks and surroundings, while the estimated value and range are in the full report, which is still coming.
The wooden houses around the old town and the bishop's castle form the core of Kuressaare's milieu; many are renovated into guesthouses or holiday homes. Apartment buildings sit mainly on the centre's edges and around Smuuli.
New construction is small-scale and gravitates towards the sea. Holiday-home demand competes with local buyers for the same limited supply, supporting prices year-round.
Price drivers
What affects apartment prices in Kuressaare
- Supply grows slowly on the island and well-kept homes move fast, which supports prices year-round.
- Holiday-home buyers compete with locals for the same limited supply, especially in the old town and near the sea.
- The wooden houses around the old town and the bishop's castle form the milieu core, where renovated homes stand apart from the ordinary apartment-block stock.
- Official statistics cover the whole Saaremaa municipality, so prices in the town itself may differ from the aggregate.
- New construction is small-scale and gravitates towards the sea, so supply stays tight on the new-build side too.
FAQ
Frequently asked questions about property in Kuressaare
How much does an apartment cost in Kuressaare?
According to Maa- ja Ruumiamet, the median apartment price in Kuressaare was €1,421/m² in Q3 2026 (53 sales). For a 50 m² apartment that is in the order of 71,000 €, but the actual price depends on the building, the floor and the condition.
Are apartment prices in Kuressaare rising?
In Q3 2026 the median was 1.8% lower than a year earlier (Maa- ja Ruumiamet). Short-term changes in an area with few sales can be random.
What affects apartment prices in Kuressaare the most?
In Kuressaare prices are shaped by limited supply and by holiday-home buyers competing with locals, especially in the old town and near the sea. The statistics also cover the whole Saaremaa municipality, so the town's own market can differ from the aggregate.
Is a HindaAI estimate suitable for a bank?
No. HindaAI gives a statistical estimate and does not replace an appraisal report that complies with EVS 875, which banks usually require for a home loan.
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