Irish house prices rise 6.6% annually as momentum eases into late 2025
Transaction volumes and values fall back despite continued regional price growth
21 January 2026 | 📧 editor@irishrealestate.news
Residential property prices in Ireland rose by 6.6% in the 12 months to November 2025, according to new figures from the Central Statistics Office, marking a further moderation from the 7.2% annual growth recorded in October.
The Residential Property Price Index shows prices in Dublin increased by 5.0% year-on-year, while prices outside the capital rose by 7.9%. The national index now stands at 202.7, placing prices 23.9% above their pre-crash peak in April 2007. Dublin prices are 9.3% above their 2007 high, while the rest of Ireland is 26.2% higher than its peak.
The median price paid for a dwelling nationally over the 12 months to November was €384,000. Dublin remained the most expensive region, with a median price of €499,000, rising to €677,000 in Dún Laoghaire–Rathdown. The lowest median price was recorded in Donegal at €190,000. At Eircode level, A94 Blackrock was the most expensive area nationally, with a median price of €830,000, while F45 Castlerea in Roscommon was the least expensive at €150,000.
Price growth continued to vary sharply by region and dwelling type. Outside Dublin, house prices rose by 7.7% and apartment prices increased by 10.5% year-on-year. The Midlands recorded the strongest house price growth at 13.8%, followed by the West at 8.8%. The Mid-West and South-East saw the lowest growth rates, both at 6.0%. Within Dublin, house prices increased by 4.8% and apartment prices by 5.6%, with the strongest growth in Dublin City at 5.7%.
Despite ongoing price inflation, market activity weakened in November. A total of 4,074 household dwelling purchases were filed with Revenue during the month, down 8.3% compared with November 2024 and 15.7% lower than October 2025. Existing homes accounted for 77.7% of transactions, with 908 new dwellings purchased.
The total value of residential transactions in November was €1.8 billion, representing a 6.0% annual decline and a 17.0% fall compared with October. Existing dwellings accounted for €1.3 billion of this total, while new homes represented €419.5 million.
Buyer data shows former owner-occupiers continued to dominate the market, accounting for 51.3% of purchases over the year to November. First-time buyers represented 38.5%, with non-occupiers accounting for 10.3%. In November alone, 1,589 first-time buyer purchases were recorded, a 3.1% decrease on the same month last year.
The CSO noted that the latest three months of the index remain provisional due to the 44-day deadline for stamp duty returns, and figures may be revised as late filings are incorporated.
