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Apartment prices in Tallinn

In Q3 2026, 2312 apartments sold in Tallinn at a median of €2,949/m² (Maa- ja Ruumiamet, the Estonian Land and Spatial Development Board). That is 3.4% higher 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.

Market statistics

The Tallinn apartment market in numbers

MeasureQ3 2026A year earlierChange
Median price, €/m²€2,949/m²€2,851/m²+3.4%
Mean price, €/m²€3,150/m²€3,046/m²+3.4%
Number of sales2,3122,383-3.0%

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 rose from €2,835/m² in Q4 2024 to €2,949/m² in Q3 2026.

QuarterMedianSales
Q4 2024€2,835/m²2,517
Q1 2025€2,823/m²2,173
Q2 2025€2,881/m²2,322
Q3 2025€2,851/m²2,383
Q4 2025€2,888/m²2,224
Q1 2026€2,903/m²2,089
Q2 2026€2,948/m²2,180
Q3 2026€2,949/m²2,312

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

Tallinn is Estonia's largest and most varied apartment market: while the city centre trades new-development apartments, most transactions in Mustamäe and Lasnamäe happen in Soviet-era panel buildings. There is no single “Tallinn price” — district medians can differ by a factor of two.

This page tracks Tallinn-wide aggregates: median price per square metre, transaction volume, and market direction. What an individual apartment sells for depends more on building age, condition, and micro-location than on the city average; the free snapshot of your address shows the building data, HindaAI Score, risks, and surroundings.

Tallinn's housing stock splits into clear layers: historical stone buildings in the Old Town and city centre, wooden districts in Kalamaja and Pelgulinn, the 1960s–1980s panel-housing estates of Mustamäe, Õismäe, and Lasnamäe, and two decades of new developments in the centre, North Tallinn, and former industrial areas.

Panel-building apartments account for a large share of transactions, and their prices depend heavily on renovation status — an apartment in a fully renovated building often trades at a clearly higher price per square metre than an identical one next door in an unrenovated building.

Price drivers

What affects apartment prices in Tallinn

  • District and building stock create the biggest gap: an apartment of the same size can trade at a very different price per square metre in a Kalamaja wooden house than in a Lasnamäe panel block.
  • In panel buildings, renovation status often decides the price, since an apartment in a fully renovated building regularly sells for clearly more than an identical one in an unrenovated neighbour.
  • New developments in the centre, North Tallinn and former industrial areas lift those districts' averages above the resale market.
  • Distance from the centre and a district's reputation shape the price level even between buildings of a similar age.

FAQ

Frequently asked questions about property in Tallinn

How much does an apartment cost in Tallinn?

According to Maa- ja Ruumiamet, the median apartment price in Tallinn was €2,949/m² in Q3 2026 (2312 sales). For a 50 m² apartment that is in the order of 147,000 €, but the actual price depends on the building, the floor and the condition.

Are apartment prices in Tallinn rising?

In Q3 2026 the median was 3.4% higher than a year earlier (Maa- ja Ruumiamet). Short-term changes in an area with few sales can be random.

What affects apartment prices in Tallinn the most?

District and building stock matter most: a Kalamaja wooden-house apartment and a Lasnamäe panel-block one can be the same size yet trade at very different prices per square metre. In panel buildings renovation status adds a lot, and for new developments location and distance from the centre count. The city-wide median is therefore background rather than a yardstick for any single apartment.

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.