After years of rapid price growth, Serbia’s real estate market finally began to slow down in late 2025. Fewer buyers and fewer signed contracts are now part of the picture. But does that mean prices are about to fall sharply? Not quite.
However, real estate in Belgrade is still more affordable than in most European capitals, while offering strong investment potential and long-term growth.
According to insights from City Expert, one of Serbia’s leading real estate agencies, the market is entering a calmer and more predictable phase, ideal for investments.
What is predicted price growth in 2026?
Yes, demand has slowed down. But no, this doesn’t automatically mean lower prices.
Instead of the double-digit price growth seen in recent years, prices in 2026 are expected to grow moderately, up to around 5%.
What does this mean for buyers? Less competition, fewer rushed decisions, and a better chance to negotiate terms that actually work for you.
Will prices drop in new builds or secondary real estate market?
New-build and old-build apartments are moving in different directions.
High construction costs, labor expenses, and limited supply in attractive micro-locations still hinder new developments. Because of that, price drops in new-build properties are unlikely.
In the resale market, price corrections are much more realistic. This is where buyers may find better deals, particularly if they’re flexible about location.
In 2025, despite weaker demand, average property prices still increased by up to 10% year-over-year, showing stable value growth.
Which apartments sell the fastest in 2026?
Smaller apartments remain the most in-demand properties on the market.
One-bedroom apartments (42–50 m²) are the most sought-after, thanks to their strong rental potential, fast resale, and relative affordability.
In popular Belgrade locations, prices range between €2,700 and €3,200 per square meter, meaning a 45 m² apartment typically costs around €120,000.
Due to higher demand and liquidity, smaller units often have a higher price per square meter compared to larger family apartments.
Where to find properties for sale in Serbia?
To get a clear overview of the largest and most up-to-date selection of apartments in Belgrade, Novi Sad, and Niš, buyers can rely on City Expert - a leading real estate platform and agency.
City Expert provides:
A comprehensive and transparent property listing platform
Personalized buyer consultations in English and Russian languages
Professional guidance throughout the purchase processFull legal support, including documentation review and transaction security
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