Irish Property Prices Continue Ascent, Dublin Reaches €500,000 Average

The cost of purchasing a home in Dublin has now reached an average of €500,000, according to the Central Statistics Office (CSO). While the rate of increase is slowing, residential property prices nationally rose by 7% in the past year, indicating a continued upward trend in the Irish housing market.

National Property Price Trends

The 7% national increase represents a slight deceleration compared to the 8.7% rise observed in 2024. Despite this moderation, property values are now 178.8% above their lowest point following the financial crash in early 2013. Current prices exceed the peak of the property boom in April 2007 by 25% [CSO House Price Index].

Regional Variations in Property Costs

The median price of a home nationally stood at €387,000 last year. Significant regional disparities exist:

• Dublin: Dún Laoghaire Rathdown remains the most expensive area within Dublin, with a median price of €680,000. Fingal and Dublin City are comparatively more affordable, both recording a median price of €475,000.
• Outside Dublin: Wicklow is the most expensive region outside the capital, at €454,000, followed closely by Kildare at €440,000.
• Most Affordable Region: Donegal represents the most affordable region in the country, with a median house price of €195,000.

Recent Growth Rates by Region

Last year, property prices in Dublin increased by 5.6%, while those outside the capital saw a more substantial rise of 8.1% compared to 2024. [CSO House Price Index]

About the Central Statistics Office

The Central Statistics Office (CSO) was established in 1949 and serves as the national statistical office of Ireland. It provides comprehensive data across a wide range of areas, including population, labor market, economy, and housing. [CSO Official Website] The Statistical Yearbook of Ireland, published by the CSO, offers detailed information and analysis on these topics. [Statistical Yearbook of Ireland 2013 Edition]