Irish Housing Market Extends Price Growth
Ireland’s housing market closed the fourth quarter of 2025 with continued price growth despite a slowdown in transaction activity. The national median sale price rose to €390,000, marking a 5.4% increase year on year, while total sales declined by 8% to 16,184 units. The figures point to a resilient pricing environment supported by limited supply and sustained demand.
National Median Price Reaches €390,000
Across the Republic of Ireland, the median residential property price reached €390,000 in Q4 2025. The 5.4% annual increase highlights ongoing upward pressure on housing values even as overall transaction volumes softened.
The decline in completed sales suggests more cautious buyer behaviour, potentially linked to interest rate conditions and affordability constraints. However, reduced turnover has not translated into falling prices, indicating continued structural imbalance between supply and demand.
Dublin Maintains Premium Position
County Dublin remains the most expensive market in the country, with a median price of €499,000, up 3.7% year on year. Property values in the capital are approximately 43% higher than in the rest of Ireland.
Within Dublin, postcode D06 stands out as the most expensive area at €850,000, while D10 offers the lowest entry point at €328,000. Outside the capital, Wicklow remains among the top-performing counties with a median price of €455,000. Longford continues to record the most affordable median level at €197,000.
Rural Homes Trade at a Premium
Rural properties continue to command higher prices than urban housing. The rural median stands at €410,000, reflecting annual growth of 3.3%. Urban properties recorded a median of €376,000, though with stronger year-on-year growth of 7.4%.
As a result, rural homes currently trade at roughly a 9% premium compared to urban equivalents.
Segment Performance and Energy Efficiency Premium
Houses reached a median value of €400,000, rising 6.1% annually, while apartments increased to €336,000, up 5%. New-build homes remain significantly more expensive, with a median price of €440,000, approximately 24% higher than existing stock.
Energy performance continues to influence pricing. Homes rated A–B achieved a median price of €450,000, compared to €355,000 for properties rated C–G. This represents a premium of about €95,000 or 26.8%, highlighting the growing importance of sustainability in buyer decisions.
Transaction Volumes Decline
Total residential sales in Q4 2025 fell to 16,184 units, an 8% decrease compared to the same period in 2024. Dublin recorded the highest number of transactions at 4,948, followed by Cork with 1,867 and Kildare with 1,031.
Lower-priced properties continue to decline in availability and turnover. Sales of homes priced below €150,000 dropped to just 1,059 units, underscoring the shrinking presence of entry-level housing.
As experts from International Investment report, Ireland’s housing market ends 2025 with solid price fundamentals, but the contraction in transaction volumes signals a transitional phase that may shape a more balanced market dynamic in 2026.