CSO - what are house prices looking like across the country?

The lowest median price for a house in Ireland in the 12 months to February 2025 was in Co. Leitrim, according to the latest data on house prices from the Residential Property Price Index (RPPI) published by the Central Statistics Office (CSO).

Overall, the RPPI increased by 8% in the same period (12 months to Feb 2025), down from 8.2% in the year to January 2025.

Property prices in Dublin rose by 7.1% and prices outside Dublin were up by 8.7% compared with February 2024.

The median price of a dwelling purchased in the 12 months to February 2025 was €360,000. The highest median price for a dwelling in that period was €670,000 in Dún Laoghaire-Rathdown, while the lowest median price was €185,000 in Leitrim.

In February 2025, 3,245 dwelling purchases by households were filed with the Revenue Commissioners at a total value of €1.4 billion. These purchases were made up of 2,645 existing dwellings and 600 new dwellings.

Revenue data shows there were 1,195 first-time buyer purchases in February 2025.

Commenting on the release, statistician with CSO Ireland, Niall Corkery said: “Residential property prices rose by 8% in the 12 months to February 2025, down from 8.2% in the year to January 2025.

"In Dublin, residential property prices saw an increase of 7.1%, while property prices outside Dublin were 8.7% higher in February 2025 when compared with a year earlier.

"In the 12 months to February 2025, house prices in Dublin rose by 7.7% while apartment prices increased by 5.3%."

According to the CSO, the highest house price growth in Dublin was in Fingal at 9% while both Dún Laoghaire-Rathdown and South Dublin saw a rise of 7.2%.

Outside Dublin, house prices were up by 9% and apartment prices rose by 4.9%.

The region outside of Dublin that saw the largest growth in house prices was the border (Cavan, Donegal, Leitrim, Monaghan, and Sligo) at 13.4%, while at the other end of the scale, the mid-east (Kildare, Louth, Meath, and Wicklow) saw a 5.8% rise.

Households paid a median or mid-point price of €360,000 for a residential property in the 12 months to February 2025.

The highest median price paid for a dwelling was €670,000 in Dún Laoghaire-Rathdown, while the lowest was €185,000 in Leitrim.

The most expensive Eircode area over the 12 months to February 2025 was A94 'Blackrock' with a median price of €747,750, while F45 'Castlerea', Co. Roscommon had the least expensive price of €148,000.

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The second least expensive Eircode area was H23 'Clones' Co. Monaghan, with a median price of €150,000. The third least expensive Eircode area was F35 'Ballyhaunis' Co. Mayo, which had a median price of €153,000.

Median price is the price threshold separating the most expensive half of transaction prices from the least expensive half of transaction prices.

Median prices are obtained by ranking all transactions from the most expensive to the least expensive. The price that ranks exactly in the middle is the median price, according to CSO.

Mean price, on the other hand, is the value divided by the volume and are generally higher than median prices because mean prices are often inflated by the sale of individual high value properties, the CSO said.

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