What Latvian property actually sells for
Every price on this page is a registered one — a transaction recorded by the State Land Service (VZD), not an asking price and not an estimate. It is the same evidence our reports are argued from, read at the level of a city, a municipality and a market segment.
Houses are quoted as a price, not by the square metre, and the register's house class also holds outbuildings — so every figure below counts only dwellings of 40–600 m². Only houses in buildings the State Land Service register holds no construction year for — about an eighth of registered sales, mostly older private buildings whose year was never recorded. They are their own class here rather than being folded into a neighbouring one.
Source: registered sale prices, the State Land Service transaction register · 793,789 sales on record · rebuilt nightly
Where the undated houses sold, and for how much
Rīga by the neighbourhood the register itself names, then the ring of municipalities that trade as one market with the capital, then everywhere else. A place with fewer than 30 registered undated house sales in the last 12 months is not listed — a median of a dozen sales is not a market. Most Rīga neighbourhoods fall below that line, because the city genuinely has few house sales. The floor does not move for an era: a class of stock is a smaller sample than the whole market, and the honest consequence is a shorter table, not a lower bar.
| Place | Sales undated houses, 12 mo | Median price 40–600 m² dwellings | 12-month change mix-affected | Median €/m² of the dwelling |
|---|---|---|---|---|
| PierīgaThe ring of municipalities that trade as one market with Rīga. | ||||
| Ādažu nov. | 31 | €138,500 | — | €907/m² |
| Ropažu nov. | 31 | €215,000 | +45.5% | €961/m² |
| Olaines nov. | 30 | €72,500 | — | €702/m² |
On the 12-month change. It compares the median of what sold in the last 12 months with the median of what sold in the 12 before it. That is a change in the middle of what changed hands, not a price index: when a run of new houses completes in a district, the median moves without any individual house moving. Holding the era fixed removes the largest part of that effect — the new-build wave — but not the rest of it: size, floor and condition still move with what happens to sell.
On the asking-price line. It is measured against the last advertised price, and sellers often revise an advert down to the agreed figure before it comes off, so it understates the room there was at the start. Ratios are measured per region group and per construction era, where the matched sales run to it, not per neighbourhood. Houses are thinner than flats: nationally they register at a median 95.9% of the last ask (119 matched sales), and Rīga has too few to measure on its own — so no Rīga figure is claimed above.
On the 40–600 m² guard. The register’s house class is not only houses: a garage bay in a co-operative block is registered against the whole block’s area, so one Purvciems address appears as a 1,411 m² “house” sold for €8,000. Only buildings of 40–600 m² count towards anything on this page, which is why the counts here are lower than the register’s own house total.
Where the building year comes from. The State Land Service’s own building row for the property that sold. About an eighth of registered sales carry no year at all — they are counted under NO YEAR and never folded into a neighbouring era to make a class look fuller.
What has actually moved since 2021
The same undated stock in each of the three region groups, so the line moves when prices move and not when the mix of what sold moves. This chart was always cut by construction era — choosing one above only decides which of its segments you are reading. This is the same index our reports use to bring an older comparable sale into today’s terms.
Show the numbers
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Rīga · undated | €621 n=95 | €331 n=116 | €460 n=89 | €683 n=78 | €965 n=82 | €740 n=39 |
| Pierīga · undated | €529 n=311 | €738 n=235 | €638 n=179 | €684 n=290 | €706 n=259 | €867 n=182 |
| The regions · undated | €341 n=198 | €440 n=164 | €322 n=122 | €430 n=206 | €462 n=212 | €528 n=165 |
| All Latvia · undatedmix-affected | €479 n=604 | €542 n=515 | €509 n=390 | €579 n=574 | €635 n=553 | €717 n=386 |
A year with fewer than 8 registered house sales in a segment carries no median and is left blank.
A house line is the median €/m² of the dwelling, not of the plot, and the plot is not held fixed — two houses of the same age in the same municipality can sit on a tenth of a hectare or on two. Read it as the movement of a segment, not as the value of a particular house.
What the rent would be, against what the flat costs
Advertised rents today, divided by registered sale prices over the last 12 months. Both sides are held to 25–90 m² flats so the size mix matches. It is a gross figure — before tax, management, vacancy and the repairs the building will ask for. This section is apartments only: there is no comparable body of advertised house rents in Latvia to divide by. It is also not split by construction era: a rental advert carries no construction year, so there is no honest way to hold one fixed on the rent side of the division.
| Region | Asking rent 25–90 m² flats | Registered sale price same size band | Gross yield rent ÷ price |
|---|---|---|---|
| Daugavpils | €5.96/m² a month42 adverts | €359/m²735 sales | 19.9% |
| Jēkabpils nov. | €4.40/m² a month24 adverts | €271/m²327 sales | 19.5% |
| Tukuma nov. | €6.69/m² a month25 adverts | €624/m²201 sales | 12.9% |
| Liepāja | €7.29/m² a month118 adverts | €701/m²812 sales | 12.5% |
| Ventspils | €6.00/m² a month65 adverts | €585/m²329 sales | 12.3% |
| Cēsu nov. | €6.60/m² a month23 adverts | €650/m²224 sales | 12.2% |
| Jūrmala | €9.78/m² a month193 adverts | €1,039/m²429 sales | 11.3% |
| Rīga | €10.86/m² a month1,700 adverts | €1,197/m²8,515 sales | 10.9% |
| Jelgava | €7.62/m² a month39 adverts | €866/m²493 sales | 10.6% |
| Valmieras nov. | €6.77/m² a month34 adverts | €942/m²262 sales | 8.6% |
| Mārupes nov. | €13.21/m² a month48 adverts | €2,192/m²236 sales | 7.2% |
Read this as a comparison, not as a return. The rents are what landlords are asking now; the prices are what buyers registered over the past year. Flats that get advertised for rent are, on the whole, in better order than the stock that sells, so every figure here runs above what an investor actually clears. The eastern towns sit at the top of the table because the flats are very cheap, not because the income is high — and that is also where a flat is hardest to sell again.
A region needs 20 live rental adverts and 100 registered sales in the size band to appear. Adverts as at 15.10.2026.
Take it down to one street
The same registered prices on a map: undated houses by district, with the p25–p75 range and the count on each one.
Open the price map →REGISTERED SALESEvery registered sale, searchable793,789 transactions the State Land Service has recorded, filterable by place, type, period and price, with a link to each building’s own history.
Registered sales →HOW ACCURATEWe test the valuation blindA median is easy. Valuing one property is not — so we hide the registered price, value it anyway, and publish the errors.
How accurate is this? →