The Poznań housing market is showing clear signs of developers easing off, yet buyer activity remains strong. Prices are holding steady in both the primary and secondary markets, with the average price per square meter on the resale market nearing PLN 12,000, according to data from Otodom. Meanwhile, the rental market is booming. In a city with nearly 100,000 students, demand for rental housing remains high, and Poznań is emerging as one of Poland’s key hubs for the institutional rental sector (PRS).
While the market in the capital of Greater Poland isn’t undergoing dramatic shifts, significant changes are unfolding beneath the surface. On one side, developers are taking a cautious approach, preferring to hold back on launching new projects rather than risk oversupply. On the other, demand remains solid, with the rental market growing dynamically—driven by the student population and an increasing share of institutional rentals. This article provides a detailed overview of current supply trends, as well as the expectations of buyers and renters.
Developers in Poznań: Cautious Yet Present
According to Otodom data, developers in Poznań introduced just under 1,600 new units in the first quarter of 2025—a sharp 53% decline compared to the same period last year. This signals an industry adjusting to shifting market dynamics with increased caution.
“We’re seeing that developers in Poznań are acting more prudently. They’re limiting new project launches while continuing to plan future phases. The focus is now on selling existing stock, which helps minimize the risk of oversupply while allowing for flexible responses to market signals,” says Agata Stachowiak, a housing market expert at Otodom.
Despite this conservative stance, buyer interest remains relatively high. In Q1 2025, around 1,200 units were sold—an increase of 9% year-on-year. At the current pace of sales and limited new supply, it would take 6.4 quarters to sell all available units—a figure only slightly above the 4–6 quarters considered a healthy market balance.
GUS data shows that Poznań developers are not backing away from future growth. Between January and April 2025, they secured over 2,100 building permits—roughly in line with last year. Moreover, housing starts surged by 37% year-on-year in Q1, reaching 1,500 units.
Stable Supply and Pricing
Poznań currently offers homebuyers a broad range of developer-built properties at relatively stable prices. As of May 2025, 7,400 units were available for sale—virtually unchanged from the previous month but up 12% compared to the same period last year. The highest concentration of new developments is in Nowe Miasto Północ, Naramowice, Umultowo, and Radojewo—accounting for 23% of the city’s total stock. Jeżyce and Łazarz follow with 19%. Other districts each account for 10–12%.
New home prices remain stable. Since November 2024, the average price per square meter has hovered around PLN 12,900—up only 3% year-on-year. A typical 54 m² flat now costs approximately PLN 687,000, just PLN 12,000 more than a year ago.
Nearly PLN 12,000/m² on the Secondary Market
The secondary market in Poznań is also showing resilience. In May 2025, 3,900 resale listings were posted on Otodom—unchanged in recent months, but up 29% year-on-year. Prices remain stable at PLN 11,800 per square meter, reflecting a modest 1% increase over the year.
This balance benefits buyers, offering more choices and room for price negotiations, while compelling sellers to be more realistic. According to Otodom data, unit size heavily influences pricing in the resale market. Small apartments (under 40 m²) now command an average price of PLN 12,800/m²—19% higher than larger units (over 90 m²), which average PLN 10,800/m².
“Smaller units are typically favored by investors and singles looking for compact spaces in desirable locations. This higher demand drives up prices. In contrast, larger apartments, though more expensive overall, offer better value per square meter,” comments Agata Stachowiak.
A City of Rentals and PRS Growth
Poznań has become a major player in both private and institutional rental markets. With nearly 100,000 students, demand for rentals remains high. But how much do tenants pay?
- Up to 40 m²: PLN 2,068/month
- 40–60 m² (popular among couples and young families): PLN 2,633/month
- 60–90 m²: PLN 3,543/month
- Over 90 m²: PLN 4,358/month
Strong and consistent rental demand has positioned Poznań as a leader in Poland’s PRS (Private Rented Sector) market. The city hosted the launch of the first project by the Polish Rental Housing Fund and now ranks among the top nationwide for institutional rental investments. New PRS developments—such as those on Śniadeckich and Saperska Streets—are reporting occupancy rates nearing 95%.
“Poznań has a solid demand base—attracting students, young professionals, and newcomers moving for work. With a limited number of student dormitories, institutional rentals are emerging as a natural alternative to private renting. PRS projects are increasingly complementing Poznań’s housing market while also creating competition for private landlords,” concludes Stachowiak.
