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 ******* euros. Wicklow and Galway were some of the other counties with a high median house price, with residential properties costing ******* euros and ******* respectively. In contrast, the residential properties in Longford were the most affordable, costing around ******* 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.

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 ******* euros. Notably, Dublin's city center and Kildare also joined the ranks of expensive housing areas, with average listing prices surpassing ******* euros and ******* euros, respectively. In contrast, Leitrim emerged as the most affordable place to buy residential real estate, with an average list price exceeding ******* euros. House prices in many counties exhibited an annual increase, with Tipperary reporting the highest, by ** percent.

Housing Index in Ireland increased to 194.30 points in May from 193 points in April of 2025. 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.

House Price Index YoY in Ireland increased to 7.90 percent in May from 7.60 percent in April of 2025. This dataset includes a chart with historical data for Ireland Residential Property Prices YoY.

House prices in Ireland have been on an upward trend since 2013, with a brief period of decline in 2020 and 2023. In the fourth quarter of 2024, nominal prices rose by **** percent year-on-year. When adjusted for inflation, the increase was slightly slower, by **** percent. 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 2024, Wicklow and Dublin were among the most expensive regions in the country, exceeding the national average of around ******* euros. Leitrim and Longford, on the other hand, offered the most affordable housing options, averaging below ******* 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 2024, the house price-to-income ratio in Ireland grew by about ** 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 Average Property Price: House: Second Hand: Dublin data was reported at 386,260.000 EUR in Dec 2016. This records an increase from the previous number of 371,716.000 EUR for Sep 2016. Ireland Average Property Price: House: Second Hand: Dublin data is updated quarterly, averaging 357,577.000 EUR from Mar 1997 (Median) to Dec 2016, with 80 observations. The data reached an all-time high of 591,316.000 EUR in Sep 2006 and a record low of 113,221.000 EUR in Mar 1997. Ireland Average Property Price: House: Second Hand: Dublin data remains active status in CEIC and is reported by Department of the Environment, Community and Local Government. The data is categorized under Global Database’s Ireland – Table IE.P002: EHLG Average Property Price.

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 for 1969/1970 is not available for Cork, Limerick, Galway, Waterford and Other areas 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. National and Other Areas figure changed for 2015 on 27/6/15 as revised data received from Local Authorities Prices includes houses and apartments measured in €

The average costs for residential real estate across Ireland increased steadily over the past decade. The National Price Index reached ***** index point in June 2024, meaning that house prices increased by about ***** 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, Tipperary recorded the highest percentage increase in the average list price of houses across Ireland. The prices of homes in the county rose by ** percent on average. Other counties, including Limerick and Clare, saw an increase in the list price of more than ** percent. Wicklow - the county with the most expensive housing in Ireland - saw an increase of more than **** percent. Meanwhile, compared to Wicklow, the price increase in Dublin was relatively lower, at *** percent.

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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 €

During the second quarter of 2024, Dublin 4 stood out as the most expensive place for buying a two-bedroom house in Dublin. The average asking price for a two-bedroom house in Dublin 4 was ******* euros. Furthermore, Dublin 6, Dublin 2 were some of the other areas in Dublin with costly houses, with an asking price exceeding ******* euros. On the other hand, Dublin 22 had the lowest two-bedroom house asking prices, at ******* euros. Additionally, Dublin 24, Dublin 10 were some areas with low house asking prices, with an asking price below ******* euros. Across Ireland, the most affordable counties to buy property were Leitrim, Longford, and Roscommon.

Annual New Property prices by cities from 1969 to 2015

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 for 1969/1970 is not available for Cork, Limerick, Galway, Waterford and Other areas
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.

National and Other Areas figure changed for 2015 on 27/6/15 as revised data received from Local Authorities Prices includes houses and apartments 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 for 1969/1970 is not available for Cork, Limerick, Galway, Waterford and Other areas
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.

National and Other Areas figure changed for 2015 on 27/6/15 as revised data received from Local Authorities Prices includes houses and apartments measured in €

During the second quarter of 2024, Limerick and Cork stood out as the most expensive cities for buying a house among selected major cities. Residential properties in Limerick and Cork had an asking price in the range of ******* to nearly ******* euros on average, depending on the size of the house. In contrast, residential properties in Waterford and Galway were the most affordable, with the average asking price of homes ranging from ******* to ******* euros. In Dublin, prices were widely depending on the area, with Dublin ** ranking as the least expensive area for a two-bedroom terraced houses.

Annual New Property Prices. Published by Department of Housing, Local Government, and Heritage. Available under the license Creative Commons Attribution Share-Alike 4.0 (CC-BY-SA-4.0).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 for 1969/1970 is not available for Cork, Limerick, Galway, Waterford and Other areas
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.

National and Other Areas figure changed for 2015 on 27/6/15 as revised data received from Local Authorities Prices includes houses and apartments measured in € ...

During the second quarter of 2024, Dublin * stood out as the most expensive place for buying an apartment in Dublin. The average asking price for a one-bedroom apartment in Dublin * was over ******* euros. Furthermore, Dublin *, Dublin *, Dublin *, and County South Dublin, were some of the other areas in Dublin with costly apartments, with an asking price exceeding ******* euros. On the other hand, Dublin ** had the lowest one-bedroom apartment asking price, at ******* euros. Additionally, Dublin **, Dublin ** and Dublin ** were some areas with low house prices, with an average asking price below ******* euros. Across the country, the most affordable counties to buy a residential property were Leitrim, Longford, and Roscommon.

Description: This metric examines how affordable the average First Time Buyer (FTB) priced property would be for a couple earning the average FTB disposable income by NUTS 2 Region, NUTS 3 Region and County, for each year between 2016 and 2021, with this ratio expressed as a percentage (i.e. average monthly mortgage repayment due on the average FTB priced property as a percentage of the average monthly disposable income of an FTB couple). This percentage should be compared relative to the standard affordability mark of 30% (i.e. housing costs should be below 30% of a household’s disposable income). For example, in the attached excel file, the data shows that the Border recorded an Average Mortgage Repayment to Disposable Income Ratio for First Time Buyers of 17.1% in 2021, which was below the standard affordability mark of 30%. This implies that a FTB couple from the Border – on average disposable income levels in the Border and adjusted to reflect incomes of people aged 40 or below in the Border – would only typically have to pay 17.1% of their joint monthly disposable income on their mortgage instalments on the average priced FTB property in the Border. In contrast, the corresponding ratio for Dublin and the Mid-East is 35% and 31.5%, which are both above the standard affordability mark and show that housing for FTBs – on average – is relatively unaffordable in these areas.Basic Calculations = (Average mortgage repayment on average FTB priced property / Average disposable income of a couple under the age of 40).For full detail on the methodology for the development of this ratio please see the RDM FAQ section.This ratio has been developed by the Regional Economist at the three Regional Assemblies and is primarily based on the CSO County Income and Regional GDP as well as the CSO Regional Property Price Index.Geography available in RDM: State, Regional Assembly and Strategic Planning Area (SPA), County (26).Source: Regional AssembliesWeblink: n/aDate of last source data update: April 2023Update Schedule: Annual

Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.

In the second quarter of 2024, Galway had the highest residential rent amongst major cities in Ireland. Properties in Galway on average were in the range of ***** to ***** euros, depending upon the size of the property. Limerick was the second most expensive city, with homes ranging from ***** to ***** euros. In contrast, Waterford stood out as the most affordable city compared to others, with properties available at rates ranging from *** to ***** euros. In Dublin, the average rent for a two-bedroom apartment ranged between ***** and ***** euros, depending on the area.