Ida-Viru maakond
Apartment prices in Narva
In Q3 2026, 215 apartments sold in Narva at a median of €391/m² (Maa- ja Ruumiamet, the Estonian Land and Spatial Development Board). That is 2.2% 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 Narva apartment market in numbers
| Measure | Q3 2026 | A year earlier | Change |
|---|---|---|---|
| Median price, €/m² | €391/m² | €400/m² | -2.2% |
| Mean price, €/m² | €436/m² | €460/m² | -5.2% |
| Number of sales | 215 | 199 | +8.0% |
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.
Maa- ja Ruumiamet transaction statistics · Source citation and terms of use
Price trend
The median fell from €431/m² in Q4 2024 to €391/m² in Q3 2026.
| Quarter | Median | Sales |
|---|---|---|
| Q4 2024 | €431/m² | 199 |
| Q1 2025 | €423/m² | 195 |
| Q2 2025 | €427/m² | 177 |
| Q3 2025 | €400/m² | 199 |
| Q4 2025 | €399/m² | 207 |
| Q1 2026 | €394/m² | 169 |
| Q2 2026 | €416/m² | 197 |
| Q3 2026 | €391/m² | 215 |
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
Narva is Ida-Virumaa's largest city and the most affordable large city in Estonia by price per square metre. Most apartments sit in Soviet-era panel and brick buildings — the baroque old town was almost entirely destroyed in the war and replaced by standardised housing estates.
Low prices do not mean a uniform market: proximity to the river and promenade, building condition, and floor clearly separate transactions. The free snapshot shows building data, the HindaAI Score, risks and surroundings; the estimated value and range are in the full report, which is still coming.
The core of the stock is 1950s–1980s apartment blocks; the post-war central quarters were built as a unified whole under the era's master plan. The historical workers' barracks and factory buildings of the Kreenholm manufactory largely await new use.
Renewal around the river promenade and the college has brought new life to the centre, but new construction is scarce — supply comes almost entirely from the resale market, keeping prices stably low.
Price drivers
What affects apartment prices in Narva
- The price base is low and there is almost no new construction, so the resale market effectively sets prices on its own.
- The gap between asking and sale prices is wide in Narva, so a listing price says little about what an apartment will actually sell for.
- Proximity to the river and the promenade clearly sets transactions apart, while most Soviet-era panel and brick blocks trade lower.
- The true cost of a cheap apartment shows up in the building's technical condition, the association's management, heating bills and repair needs.
- The regional economy's structure and population decline keep demand modest, which means a slower resale market.
Neighbourhoods
- Kesklinn
- The post-war quarters were built under a single master plan, so price gaps come more from a building's condition and floor than from its type.
- Kreenholm
- The historical workers' barracks and factory buildings of the former manufactory, much of which still awaits new use.
- Joaoru
- A residential district where prices are shaped mainly by the building's condition and the floor.
- Siivertsi
- A residential district of Soviet-era apartment blocks, where deals happen mostly on the resale market.
- Kerese
- A residential district with many similar standardised buildings, where renovation status and the association's management affect prices.
FAQ
Frequently asked questions about property in Narva
How much does an apartment cost in Narva?
According to Maa- ja Ruumiamet, the median apartment price in Narva was €391/m² in Q3 2026 (215 sales). For a 50 m² apartment that is in the order of 20,000 €, but the actual price depends on the building, the floor and the condition.
Are apartment prices in Narva rising?
In Q3 2026 the median was 2.2% 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 Narva the most?
Narva starts from a low price base and supply comes almost entirely from the resale market, so the building's technical condition, the association's management and the floor count most. Proximity to the river and promenade also sets prices apart, and the gap between asking and sale prices is wide.
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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