House prices rise annually by 6.2% - CSO

Property prices in Dublin rose by 4.7 per cent, and prices outside Dublin were up by 7.3 per cent compared with May 2025.
House prices rise annually by 6.2% - CSO

Michael Bolton

Figures from the Central Statistics Office (CSO) show house prices rose by 6.2 per cent annually to May 2026, unchanged from the 6.2 per cent recorded in the year to April 2026.

Property prices in Dublin rose by 4.7 per cent, and prices outside Dublin were up by 7.3 per cent compared with May 2025.

This represents the lowest annual rise since February 2024, when the annual increase was also 6.2 per cent.

The median price of a house purchased in the 12 months to May 2026 was €395,000.

In the 12 months to May 2026, house prices in Dublin rose by 4.3 per cent while apartment prices increased by 6.1 per cent.

Outside of Dublin, the most expensive region over the last 12 months was Wicklow, with a median price of €470,000.

The second most expensive region was Kildare, which had a median price of €447,876.

The highest house price growth in Dublin was in Dún Laoghaire-Rathdown at five per cent, while South Dublin saw a rise of 3.5 per cent.

Outside of Dublin, house prices were up by 7.1 per cent, and apartment prices rose by 9.7 per cent.

The region outside of Dublin that saw the largest growth in house prices was the Midlands (Laois, Longford, Offaly, and Westmeath) at 13.2 per cent, while at the other end of the scale, the South-West (Cork and Kerry) saw a rise of 4.2 per cent.

The highest median price paid for a house was €689,325 in Dún Laoghaire-Rathdown, while the lowest was €198,000 in Longford.

Dublin residential property prices are 10.1 per cent higher than their February 2007 peak, while residential property prices in the Rest of Ireland are 29.2 per cent higher than their May 2007 peak.

The most expensive Eircode area over the 12 months to May 2026 was A94 (Blackrock, Dublin) with a median price of €850,000, while F45 (Castlerea, Roscommon) had the lowest median price of €155,000.

In May 2026, 3,861 dwelling purchases by households at market prices were filed with the Revenue Commissioners, an increase of one per cent when compared with the 3,824 purchases in May 2025.

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