Property market

Housing prices in Uzbekistan increased by 4.8% over the year: Q3 data

The index for July-September was updated on October 10. Apartments in the primary market outside Tashkent became more expensive the fastest year-on-year.

UY TUTOctober 23, 20263 min
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Housing prices in Uzbekistan increased by 4.8% over the year: Q3 data

The National Statistics Committee has updated quarterly data on housing prices in Uzbekistan. For July–September 2026, the overall index was 4.8% higher than a year earlier. In the second quarter, the annual growth was 4.0%.

Apartments appreciated faster than houses

According to the SIAT housing price index dataset, apartments increased in value by an average of 6.2% over the year. On the primary market, growth was 6.7%, and on the secondary market, it was 5.5%. The index for individual houses grew by 3.1%.

In the apartment segment of the primary market, the indicator increased by 5.3% in Tashkent and by 8.0% in other regions. If both primary and secondary markets are combined, the annual growth of the apartment index was 5.1% in the capital and 7.3% in the rest of the country.

What this index means

The figures describe changes in asking prices, not the average amount buyers actually paid for housing. The calculation is based on sales listings on OLX.uz; in regions with insufficient statistical coverage, listings from open Telegram channels of agencies and realtors are also used.

For comparability, the committee uses hedonic regression: the model takes into account property characteristics, such as location and area. The method began to be used from the second quarter of 2026, and data from 2024 onwards have been revised. A description of the calculation is published in the SIAT index metadata.

How to use the data when choosing an apartment

The index helps to understand the general trend but does not replace the comparison of specific properties. Before viewing, it is advisable to compare listings in the same area and similar in terms of area, building condition, floor, and completion date. The price in the listing may differ from the final negotiated price, so the average growth across the country does not mean that every apartment has increased in price by the same 4.8%.

Some UY TUT listings show a price assessment: excellent or good, in line with the market, or above market. It helps compare a property with similar offers, but is not available for every listing and does not guarantee the final transaction price. Browse listings on UY TUT.

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