During the second quarter of 2024, Wicklow was the priciest county for purchasing residential real estate in Ireland. The average list price of a house in Wicklow was more nearly 431,000 euros. Notably, Dublin's city center and Kildare also joined the ranks of expensive housing areas, with average listing prices surpassing 385,000 euros and 355,000 euros, respectively. In contrast, Leitrim emerged as the most affordable place to buy residential real estate, with an average list price exceeding 198,000 euros. House prices in many counties exhibited an annual increase, with Tipperary reporting the highest, by 15 percent.

Graph and download economic data for Real Residential Property Prices for Ireland (QIER628BIS) from Q1 1970 to Q3 2024 about Ireland, residential, HPI, housing, real, price index, indexes, and price.

Housing Index in Ireland increased to 191.30 points in January from 191.20 points in December of 2024. This dataset provides the latest reported value for - Ireland Residential Property Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average costs for residential real estate across Ireland increased steadily over the past decade. The National Price Index reached 201.9 index point in June 2024, meaning that house prices increased by about 101.9 percent since 2012 - the base year for the index. Between June 2023 and June 2024, the price index exhibited an overall increase, with a minor decline in December 2023. In line with this upward trend, the house prices increased across every county.

During the second quarter of 2024, Dublin’s city center had the highest median price of a newly built home across Ireland. The median price for a house in Dublin’s city center was 703,700 euros. Wicklow and Galway were some of the other counties with a high median house price, with residential properties costing 490,000 euros and 425,256 respectively. In contrast, the residential properties in Longford were the most affordable, costing around 170,000 euros. Though house prices in Ireland surged in the period after the coronavirus pandemic, the past year has shown signs of the market cooling down.

House Price Index YoY in Ireland decreased to 8.10 percent in January from 8.80 percent in December of 2024. This dataset includes a chart with historical data for Ireland Residential Property Prices YoY.

House Price Index MoM in Ireland decreased to 0 percent in January from 0.60 percent in December of 2024. This dataset includes a chart with historical data for Ireland Residential Property Prices MoM.

Key information about House Prices Growth

• Ireland house prices grew 8.7% YoY in Dec 2024, following an increase of 9.6% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 2006 to Dec 2024, with an average growth rate of 5.3%.
• House price data reached an all-time high of 20.4% in Oct 2014 and a record low of -21.7% in Aug 2009.

House prices in Ireland have been on an upward trend since 2013, with a brief period of decline in 2019 and 2020. Although house price growth slowed down in 2022, the nominal prices continued to rise in 2023; however, when adjusted for inflation, the property price development turned negative in the final quarter of 2022. Reasons for this big decline are the rising inflation in Ireland, reduced money lending from the Irish Central Bank, as well as decreased affordability.

How expensive are homes in Ireland? The average list price of residential property in Ireland varied significantly between different counties. In the second quarter of 2023, Wicklow and Dublin were among the most expensive regions in the country, exceeding the national average of around 309,000 euros. Leitrim and Longford, on the other hand, offered the most affordable housing options, averaging below 200,000 euros.

Has income kept up with the development of house prices? The house price-to-income ratio measures the development of housing affordability and is calculated by dividing the nominal house price by the nominal disposable income per head. Between 2015 and 2023, the house price-to-income ratio in Ireland grew by nearly 17 index points, which means that house values increased in relation to earnings. This makes homeownership in Ireland more challenging due to the decreasing affordability of dwellings.

Ireland - House price index was 9.90% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - House price index - last updated from the EUROSTAT on March of 2025. Historically, Ireland - House price index reached a record high of 19.60% in December of 2014 and a record low of -21.30% in September of 2009.

The average house price in Northern Ireland has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with 2015 chosen as a base year when the index value was set to 100. In June 2024, the house price index reached 166.8, meaning that house prices have grown by nearly 67 percent since 2015 and 6.4 percent since the same month a year ago. Among the different regions in the UK, West and East Midlands experienced the strongest growth.

Key information about Ireland Nominal Residential Property Price Index

• Ireland Nominal Residential Property Price Index was reported at 175.069 2010=100 in Sep 2024.
• This records an increase from the previous number of 170.193 2010=100 for Jun 2024.
• Ireland Nominal Residential Property Price Index data is updated quarterly, averaging 44.044 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 175.069 2010=100 in Sep 2024 and a record low of 2.659 2010=100 in Jun 1970.
• Ireland Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

House price index in Ireland, September, 2024 The most recent value is 175.07 index points as of Q3 2024, an increase compared to the previous value of 170.19 index points. Historically, the average for Ireland from Q1 1990 to Q3 2024 is 92.48 index points. The minimum of 28.33 index points was recorded in Q2 1990, while the maximum of 175.07 index points was reached in Q3 2024. | TheGlobalEconomy.com

Key information about Ireland Real Residential Property Price Index Growth

• Ireland Real Residential Property Price Index Growth was reported at 8.213 % in Sep 2024.
• This records an increase from the previous number of 5.776 % for Jun 2024.
• Ireland Real Residential Property Price Index Growth data is updated quarterly, averaging 3.597 % from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 25.821 % in Jun 1978 and a record low of -21.771 % in Dec 2011.
• Ireland Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

It can be seen that the Northern Ireland house price index was 202.5 points in the third quarter of 2007, but during the global recession it decreased and never re-gained the pre-crash levels. As of the third quarter of 2023 the residential property price index in Northern Ireland was 161.8, up from 158.5 in the same period in the previous year.

Ireland House Price Index: YoY data was reported at 12.400 % in May 2018. This records a decrease from the previous number of 13.500 % for Apr 2018. Ireland House Price Index: YoY data is updated monthly, averaging 4.700 % from Jan 2006 (Median) to May 2018, with 149 observations. The data reached an all-time high of 20.400 % in Oct 2014 and a record low of -21.600 % in Aug 2009. Ireland House Price Index: YoY data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.EB002: CSO Residential Property Price Index: Comprehensive.

During the second quarter of 2024, Tipperary recorded the highest percentage increase in the average list price of houses across Ireland. The prices of homes in the county rose by 15 percent on average. Other counties, including Limerick and Clare, saw an increase in the list price of more than 11 percent. Wicklow - the county with the most expensive housing in Ireland - saw an increase of more than four percent. Meanwhile, compared to Wicklow, the price increase in Dublin was relatively lower, at 1.4 percent.

Ireland IE: Rent Price Index: sa data was reported at 170.861 2015=100 in Mar 2025. This records an increase from the previous number of 169.452 2015=100 for Dec 2024. Ireland IE: Rent Price Index: sa data is updated quarterly, averaging 55.224 2015=100 from Mar 1959 (Median) to Mar 2025, with 265 observations. The data reached an all-time high of 170.861 2015=100 in Mar 2025 and a record low of 5.214 2015=100 in Mar 1959. Ireland IE: Rent Price Index: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.

This series does not include apartment prices. 2015 Figure changed on the 27/6/16 as revised data received from the Local authority Measured in €

Prior to 1974 the data was based on surveys of existing house sales in Dublin carried out by the Valuation Office on behalf of the D. O. E. Since 1974 the data has been based on information supplied by all lending agencies on the average price of mortgage financed existing house transactions. Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. Data marked with n/a over the period 1969 and 1973 are not available.
The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change.

Figure changed on the 27/6/16 as revised data received from the Local authority Includes houses and apartments, measured in €