Poland residential real estate market report for September 2026. National house prices were climbing, up 5.9% from a year earlier in Q1 2026 (+2.3% quarter on quarter). Annual growth is accelerating compared with the previous quarter. The National Bank of Poland’s policy rate stood at 3.75% in August 2026, down from 5.00% a year earlier.
September 2026 at a Glance
House Prices and Trends
The national house price index for Poland rose 5.9% year on year in Q1 2026 and was +2.3% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +6.6%, so growth has held broadly steady over twelve months. The quarter-on-quarter reading confirms the acceleration rather than a base effect.
| Quarter | Prices YoY | Prices QoQ |
|---|---|---|
| Q4 2024 | +10.4% | +1.2% |
| Q1 2025 | +6.6% | +0.7% |
| Q2 2025 | +4.7% | +1.1% |
| Q3 2025 | +4.0% | +0.9% |
| Q4 2025 | +4.3% | +1.5% |
| Q1 2026 | +5.9% | +2.3% |
House price index, % change year on yearQ2 2024+17.7%Q3 2024+14.4%Q4 2024+10.4%Q1 2025+6.6%Q2 2025+4.7%Q3 2025+4.0%Q4 2025+4.3%Q1 2026+5.9%
Financing and Interest Rates
The National Bank of Poland’s policy rate was 3.75% in August 2026 (BIS, Central bank policy rates). Rates have come down 1.25 points over the past year, easing mortgage costs and widening the pool of buyers who qualify for financing.
Poland in the News
- Poland has proposed to locate a Patriot missile production plant on its territory – elitexpert.ua (elitexpert.ua, 27 Sep 2026)
- Poland Residential MarketBeat – Cushman & Wakefield (Cushman & Wakefield, 4 Aug 2026)
- Ukrainians may be blocked from buying real estate in Poland, otherwise Poles will not be able to afford apartments – Судово-юридична газета (Судово-юридична газета, 22 Sep 2026)
- Poland tops the list of countries where Ukrainians buy real estate – LIGA.net (LIGA.net, 14 Sep 2026)
- In Poland, they want to limit the purchase of housing by Ukrainians – Твоє місто (Твоє місто, 21 Sep 2026)
- Deputy Marshal of Sejm Bosak has proposed restricting Ukrainians’ ability to buy property in Poland – Цензор.НЕТ (Цензор.НЕТ, 21 Sep 2026)
Reading the Trend
Steady, mid-single-digit price growth points to a healthy but not overheated market in Poland. Well-priced property is moving; overpriced stock is not.
What to watch next month
- The next quarterly release of the house price index for Poland (Q1 2026 is the latest) — whether annual growth keeps accelerating.
- Upcoming decisions by the National Bank of Poland — any move from 3.75% feeds through to mortgage pricing within weeks.
What This Means for Buyers, Sellers and Investors
The market is moving but not running away; there is time for due diligence, and properties that have sat unsold for months are where discounts appear.
Well-presented property at a realistic price attracts multiple viewings; unrealistic asking prices are being ignored.
Falling financing costs improve leveraged returns and widen the gap between yield and mortgage rate.
Sources
- Eurostat, House price index (prc_hpi_q)
- BIS, Central bank policy rates
- Headlines via Google News RSS; content belongs to the linked publishers.
Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.
Articole conexe
Portugal’s property wealth consolidates among the richest tenth
Banco de Portugal data shows the richest 10% now own almost 40% of Portugal’s…
Citește mai multPortugal Renovation Properties Discounted by €240,000
Analysis from October 2026 reveals a significant price gap between renovation projects and ready-to-move-in…
Citește mai multEast End 3Q 2026: Pricing Shifts and Inventory Dynamics
An examination of the East End real estate market for the third quarter of…
Citește mai multJapan Property and the Shifting Permanent Residency Rules
How tighter permanent residency regulations in Japan intersect with prime Tokyo real estate demand…
Citește mai mult