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Belgrade
Serbia (capital)
Asking price (4zida.rs). The capital, ranging from about 2,100 in outer districts to 4,600 by the river.
Asking price per sqm
EUR2,990 /sqm
up 9.4% over 12 months
Rising See homes in Belgrade See the price dataAs of 2025
Serbia property prices
Serbia property prices by city: Belgrade, Novi Sad, Zlatibor, Nis, Kragujevac, Subotica (2026)
Short answer. In 2025, the highest asking prices were in Belgrade (about 2,990 EUR per square meter) and the lowest in Subotica (about 1,307 EUR per square meter), a gap of about 129%. These are asking prices for apartments in euros, shown next to the official trend. Source: 4zida.rs (asking prices for apartments), with the RGZ transaction index for the trend.
Updated 8 June 2026Official source named
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Novi Sad
Vojvodina, Serbia
Asking price (4zida.rs). Serbia's second city, host of the Exit festival.
Zlatibor
Western Serbia (resort)
Asking price (4zida.rs). A mountain resort where prices reflect holiday and investment demand, not everyday housing.
Nis
Southern Serbia
Asking price (4zida.rs). The biggest city in the south, much cheaper than Belgrade.
Kragujevac
Central Serbia
Asking price (4zida.rs). An industrial city, the heart of Serbia's car making.
Subotica
Northern Serbia
Asking price (4zida.rs). An Art Nouveau city near the Hungarian border, the most affordable here.
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Where these places are
Full data table
| City | Asking (EUR/sqm) | Sold (EUR/sqm) | Change, 12 months | Trend |
|---|---|---|---|---|
| Belgrade | 2,990 | n/a | +9.4% | Rising |
| Novi Sad | 2,519 | n/a | n/a | Rising |
| Zlatibor | about 2,119 | n/a | n/a | Stable |
| Nis | 1,669 | n/a | n/a | Rising |
| Kragujevac | 1,521 | n/a | n/a | Stable |
| Subotica | 1,307 | n/a | n/a | Stable |
Source: 4zida.rs (asking prices for apartments), with the RGZ transaction index for the trend. https://www.rgz.gov.rs/rgz-indeks-cena-stanova
Official trend
Serbia's real (inflation adjusted) BIS residential property price index rose about 2.9% over the year to 2025-Q4, with the index at 120.3 (2010 = 100). This is the official trend behind the asking prices above. Source: BIS (Bank for International Settlements), fetched 2026-06-08. https://data.bis.org/topics/RPP
How we know these numbers
Serbian property is priced in euros, so no conversion is needed. The per square meter figures here are asking prices from Serbian portals (4zida.rs). The official trend comes from the Republic Geodetic Authority (RGZ) transaction index, and Serbia is also in the BIS dataset, which this page uses for the trend line.
These are asking prices from Serbian portals, quoted in euros (Serbian property is priced in euros). The official, transaction-based trend comes from the RGZ index and the BIS dataset, which show prices rising about 5 to 6 percent nationally over the year.
Frequently asked questions
Which Serbian city is most expensive per square meter?
Belgrade, at about 2,990 EUR per square meter asking, then Novi Sad. Subotica and Kragujevac are the most affordable here, and Zlatibor is a mountain resort market.
Is property in Serbia priced in euros?
Yes. Serbian apartments are commonly advertised in euros, so no conversion is needed. The official trend comes from the RGZ index and the BIS dataset.
Sources
- 4zida.rs (asking prices for apartments), with the RGZ transaction index for the trend (asking prices from listings): https://www.rgz.gov.rs/rgz-indeks-cena-stanova
- Republic Geodetic Authority (RGZ), apartment price index (official, transaction based, national index): https://www.rgz.gov.rs/rgz-indeks-cena-stanova
- BIS residential property price dataset (Serbia) (official, transaction based, country level only): https://data.bis.org/topics/RPP
- Belgrade photo: Jorge Lascar / Wikimedia Commons / CC BY 2.0 (source)
- Novi Sad photo: Pudelek / Wikimedia Commons / CC BY-SA 3.0 (source)
- Zlatibor photo: Bukephalos / Wikimedia Commons / public domain (source)
- Nis photo: Tiia Monto / Wikimedia Commons / CC BY-SA 3.0 (source)
- Kragujevac photo: Mofesty / Wikimedia Commons / CC BY-SA 3.0 (source)
- Subotica photo: Boris Iarchuk / Wikimedia Commons / CC BY-SA 2.0 (source)