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Rae parish
Most homes for sale here are apartments — the headline figures below are for them.
Sale: 259 active properties Rent: 34 active properties
The “typical” price on this site is the median: half of the properties are dearer, half cheaper; a few very expensive or very cheap offers do not move it. How we count →
Rae parish · apartments: the typical asking price on 6 Oct 2026 is 3 497 € per m², 219 900 € per home (259 properties for sale). That is 5 % below the Harju county average. Renting costs 12,5 € per m² a month, a typical rent is 597 € a month (34 properties). 82 new properties came on the market in the last 30 days; 1 % of active ones are already booked. 14 % of properties have already been discounted, typically by 2,4 %. New builds ask 3 702 € per m², resale homes 3 014 €. Rae parish: in the first quarter of 2026 (January–March), apartments actually sold for 3 172 € per m² (132 deals, Maa-amet data) — for flats of the same build years, sellers now ask 6 % more than buyers pay. A typical apartment costs 8,7 years of the typical wage (2 097 € a month before tax); with a mortgage that is 994 € a month against 597 € in rent. Over the year asking prices fell 7 % (third quarter of 2025 → third quarter of 2026).
Market · Sale
New builds and resale
New builds are 59 % of apartments in listings but only 15 % of the year's deals. A square metre in a new build costs more than in resale: 23 % more in listings and 27 % more in deals.
| New builds | Resale | |
|---|---|---|
| In listings, €/m² | 3 702 €125 | 3 014 €87 |
| In deals over the year, €/m² | 3 655 €54 | 2 871 €298 |
New build — a house completed in 2020 or later (2021 or later in deals). Deals: second quarter of 2025 – first quarter of 2026.
What buildings the apartments are in
Most apartments for sale are in new buildings — 82 %. A square metre in a new building costs 45 % more than in brick and stone buildings.
| Building | Share for sale | €/m² | Typical price |
|---|---|---|---|
| Panel block, to 1990 | 4 %8 | 2 234 € | 116 950 € |
| Brick or stone, to 2010 | 13 %25 | 2 513 € | 149 000 € |
| New, 2011 or later | 82 %155 | 3 652 € | 244 900 € |
Asking prices in listings. Year built and material — from the listing or the national building register.
How long flats take to sell
New-build flats now for sale have been listed for 2 months on average, resale flats for 51 days. 24 % of new builds and 14 % of resale flats have been on sale for over six months.
Counted from the first time the listing appeared on a portal. This is the age of flats not yet sold, not the time to sell: flats that sold quickly are not in it.
Transactions (Maa-amet) · second quarter of 2026 (April–June) · preliminary
Actual apartment deals per Maa-amet in the latest full quarter. Asking — current apartment sale listings. Maa-amet has not entered the whole quarter yet: the median is already telling, the deal count will still grow.
58 % of listings are new builds, against 15 % of deals. So we compare flats of the same build years, not all of them at once.
| Floor area | Deal €/m² | deals | Asking €/m² | Gap |
|---|---|---|---|---|
| 41–55 m² | 3 229 € | 11 | 3 591 € | +11 % |
| 55–70 m² | 3 785 € | 11 | 3 632 € | −4 % |
| 70–250 m² | 3 004 € | 28 | 3 269 € | +9 % |
By year the house was built
| Year built | Deal €/m² | deals | Asking €/m² | Gap |
|---|---|---|---|---|
| 1971–1990 | 2 157 € | 5 | 2 255 € | +5 % |
| 2001–2010 | 2 767 € | 16 | — | — |
| 2016–2020 | 3 939 € | 7 | — | — |
| 2021+ | 3 958 € | 6 | 3 717 € | −6 % |
Year bands are Maa-amet’s. Asking price is shown where the listing band matches the deal band; elsewhere a dash. “—” — too little data to show a figure.
Deal price €/m² by quarter
House deals (Maa-amet) · first quarter of 2026 (January–March)
Actual sales of houses with residential land in the latest full quarter: price per square metre of the house. Few houses change hands — mind the deal count; fewer than 5 deals are not shown.
By year the house was built · fourth quarter of 2025 (October–December)
| Year built | Deal €/m² | deals |
|---|---|---|
| 2016–2020 | 1 843 € | 5 |
| 2021+ | 2 902 € | 5 |
House deal price €/m² by quarter
Affordability
Wage — the typical (median) pre-tax wage from Statistics Estonia (districts use the Tallinn figure, municipalities the Harju county one). Mortgage payment on a typical apartment: 15 % down, 30 years, Euribor 6M + 2 pp; insurance not included.
By property type
Apartments · Sale
Below — apartments only. Year built, storeys, building material and heating come from the national building register when the listing does not say.
| €/m² | Per home | Properties | |
|---|---|---|---|
| 1 room | 3 293 € | 99 900 € | 10 |
| 2 rooms | 3 815 € | 153 900 € | 75 |
| 3 rooms | 3 470 € | 234 900 € | 91 |
| 4+ rooms | 3 322 € | 283 400 € | 83 |
| €/m² | Per home | Properties | |
|---|---|---|---|
| 10–29 m² | 4 515 € | 99 000 € | 9 ≈ |
| 30–41 m² | 3 828 € | 144 000 € | 29 |
| 41–55 m² | 3 591 € | 162 400 € | 54 |
| 55–70 m² | 3 632 € | 234 900 € | 51 |
| 70–250 m² | 3 269 € | 271 500 € | 116 |
| €/m² | Per home | Properties | |
|---|---|---|---|
| 1946–1970 | 1 958 € | 79 900 € | 5 ≈ |
| 1971–1990 | 2 255 € | 131 500 € | 18 |
| 1991–2010 | 2 993 € | 205 900 € | 30 |
| 2011–2019 | 3 551 € | 250 000 € | 33 |
| 2020+ | 3 717 € | 244 900 € | 122 |
| €/m² | Per home | Properties | |
|---|---|---|---|
| 1–2 storeys | 3 569 € | 251 000 € | 94 |
| 3–5 storeys | 3 333 € | 209 900 € | 162 |
| €/m² | Per home | Properties | |
|---|---|---|---|
| Panel | 3 042 € | 209 750 € | 57 |
| Brick | 2 791 € | 139 000 € | 21 |
| Stone/block | 3 676 € | 254 450 € | 148 |
| Wood | 3 556 € | 184 400 € | 18 |
| Other | 3 561 € | 279 500 € | 4 ≈ |
| €/m² | Per home | Properties | |
|---|---|---|---|
| District heating | 3 090 € | 225 750 € | 68 |
| Gas | 3 522 € | 209 900 € | 115 |
| Electric | 3 204 € | 264 250 € | 6 ≈ |
| Heat pump | 3 748 € | 266 900 € | 53 |
| Other | 2 386 € | 174 900 € | 3 ≈ |
A square metre in a class A apartment is 16 % more expensive than in class D. Class A almost always means a new building.
| €/m² | Per home | Properties | |
|---|---|---|---|
| A | 3 786 € | 269 000 € | 57 |
| B | 3 542 € | 229 900 € | 78 |
| C | 3 484 € | 199 900 € | 17 |
| D | 3 262 € | 268 500 € | 22 |
| E | 2 992 € | 159 000 € | 13 |
| F | 3 042 € | 216 000 € | 9 ≈ |
Asking price €/m² by quarter
Frequently asked questions
- How much does a square metre (apartments) cost in Rae parish?
- Listings on 6 Oct 2026 typically ask 3 497 € per m², about 219 900 € for a whole apartment. These are sellers' asking prices; actual deals usually close lower.
- What does it cost to rent (apartments) in Rae parish?
- Typically 12,5 € per m² a month, about 597 € a month for a typical apartment — based on 34 properties.
- What do apartments in Rae parish actually sell for?
- Maa-amet data: 132 deals in the first quarter of 2026 (January–March) at a typical 3 172 € per m². For flats of the same build years, sellers currently ask 6 % more than buyers pay.
- Is it cheaper to buy or rent in Rae parish?
- A mortgage on a typical apartment (15 % down, 30 years, 4,9 %) costs 994 € a month; renting the same, 597 €. The payment is 47 % of the typical pre-tax wage.
- Where does the data come from?
- The data comes from public listings on Estonia's property websites — the same pages any visitor sees. Duplicates are merged (a flat listed on several sites counts once) and we compute medians — the "usual" price, unaffected by a few very cheap or very expensive offers. Deal prices come from Maa-amet, wages from Statistics Estonia. See the Methodology page.