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MARKET

Nikšić property prices

Nikšić is Montenegro's second-largest city and the biggest market in the north, with the most affordable apartment prices among the larger towns. Buyers look for apartments in the centre and the Kličevo district and houses in the wider urban area; demand comes from domestic buyers and students.

Price trend

Price per m² (€), monthly average — Nikšić

Year

Prices by year

Average of all listings in the year. Figures up to 2025 come from market analysis, and from 2026 from listings published on DreamEstate — which is why change across the two sources is not shown.

Prices by year
YearAvg €/m²Annual changeSource
2023€371—Market analysis
2025€1,148+209,6%Market analysis
2026€911−20,6%Market analysis

Neighbourhoods

Apartment prices by neighbourhood

Median price per m², typical price and number of listings per neighbourhood, from active sale listings.

Not enough listings per neighbourhood.

Structure

Apartment prices by size

Median price per m², typical total price and size by number of rooms, from active listings.

Not enough listings to show by structure.

LISTINGS

Properties in Nikšić

The latest listings for sale in this city.

QUESTIONS

Frequently asked questions about the market

What is the average property price in Nikšić?

The estimated average price per square metre in Nikšić is around €1,350/m² for properties for sale. There are currently not enough active listings in this city for a daily calculation, so the figure is an estimate based on the latest known data and official statistics, not a daily refreshed average.

How are prices in Nikšić changing?

Since the start of the year the average price per m² in Nikšić has changed by —. The chart above shows monthly movement; you can narrow the period to one or three years.

Is now a good time to buy in Nikšić?

It depends on the purpose: for a home to live in, the loan instalment and upkeep costs matter most, while for an investment the rental yield and seasonality of demand matter most. Compare Nikšić with neighbouring cities in the table above and check current listings before you decide.

Can foreigners buy property in Nikšić?

Foreign nationals can buy apartments, houses and commercial units in Montenegro on the same terms as locals; agricultural land and forests carry restrictions that are resolved by setting up a locally registered company. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges.

About the data on this page

Price data comes from active listings on the DreamEstate platform, consolidated historical series for 2020-2022 and official statistics. Prices are expressed in euros per square metre and represent an average, not a valuation of any single property. To value a specific property, contact an agency or a licensed appraiser.

The prices shown are average values per m² calculated from publicly available listings and official statistics. Actual prices depend on location, floor, property condition and other factors, so the figures are for informational purposes only.