The Irish property market: latest figures
Irish house prices continued rising through 2025, though the pace has moderated compared to the previous year. The national median price reached €387,000 in December 2025 — up 7% over the year. Prices are now 25% above the Celtic Tiger peak of 2007 in nominal terms, and 179% above the post-crash trough of 2013.
The headline figures mask significant regional variation. Outside Dublin, prices are rising faster — up 8.1% in December 2025 versus 5.6% in Dublin. The Midlands (Laois, Longford, Offaly, Westmeath) saw the strongest growth at 14.4%, as buyers priced out of Dublin and the commuter belt look further afield. Dublin's median reached €500,000 by December 2025.
Supply remains the core problem. Ireland is not building enough homes to meet demand. New dwelling completions, while improving, continue to fall well short of the estimated 50,000+ units per year needed. Until supply increases substantially, upward pressure on prices is likely to continue.
How prices have changed over time
The chart below shows the national median sale price each year from 2020 to 2025. After surging in 2021–2022 as pandemic-era savings and low interest rates combined, growth moderated as ECB rate rises took effect. Prices have continued rising through 2024–2025, but at a more sustainable pace of 7–8% per year.
Dublin vs the rest of Ireland
Dublin and the rest of Ireland have tracked broadly together over the past decade, but a significant gap persists. Dublin prices grew by 5.6% in the 12 months to December 2025, while prices outside Dublin rose by 8.1% over the same period — the rest of Ireland is now catching up faster. The Midlands region saw the strongest growth at 14.4%, reflecting a migration of buyers from more expensive urban areas.
Median house prices by county, 2024
The table below shows estimated median house prices for each county in Ireland, derived from CSO RPPI local authority and Eircode area data. The CSO publishes median prices by local authority area (e.g. Dublin City, Fingal, South Dublin, Dún Laoghaire-Rathdown) — where a county contains multiple local authorities, the figure shown is a blended estimate.
| County | Median price (2024) | vs national median | Tier |
|---|
Figures are median sale prices for the 12 months to December 2024. County figures derived from CSO RPPI local authority data. Click any county to view local area pages.
Most and least affordable areas
At Eircode routing key level, the price variation within Ireland is even more striking. The CSO publishes median prices for each of Ireland's Eircode areas, allowing a much more granular comparison than county-level data.
Most expensive Eircode areas (2025)
Most affordable Eircode areas (2025)
The commuter belt premium
One of the defining features of Irish property is the commuter belt premium — counties within 60–90 minutes of Dublin city centre (Wicklow, Kildare, Meath, Louth) are dramatically more expensive than comparable counties further away. Wicklow and Kildare both have median prices above €350,000 — well above counties like Tipperary, Roscommon or Donegal at half that level. This reflects the limited supply of affordable housing within Dublin itself, pushing buyers into the commuter belt.
What drives house prices in Ireland?
Irish house prices are driven by a familiar set of factors, but several are particularly acute in the Irish context.
Supply shortage. This is the dominant factor. Ireland's housing stock is significantly undersupplied relative to population growth and household formation. Planning constraints, construction costs, and financing challenges have all contributed to a sustained undersupply that keeps upward pressure on prices regardless of demand fluctuations.
Location and commutability. Proximity to Dublin employment centres remains the single strongest predictor of house price premiums. Areas with good motorway or rail access to Dublin command significant premiums over those without. The roll-out of remote and hybrid working since 2020 has partially diluted this effect — contributing to the strong price growth in more remote counties — but the core premium persists.
Schools and local amenities. Within local areas, proximity to high-performing schools, low crime rates and good amenities all contribute to price premiums. Areas with strong school catchments — Blackrock, Dalkey, Foxrock — consistently command prices well above the surrounding county average.
Interest rates. The ECB rate cycle matters. The sharp rate rises of 2022–2023 briefly cooled price growth, particularly for apartments. As rates have begun to ease in 2024–2025, price growth has re-accelerated. Most Irish mortgages are now on fixed rates, which partially insulates the market from short-term rate movements.
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Explore house prices by county
Each county page includes a property price overview and links to parish-level area pages with PPR data, demographics and liveability scores.