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05th Aug 2023

Dublin no longer most expensive county as latest property prices revealed

Rory Fleming

property prices

The national average has risen almost 10% from the same period last year.

Dublin is no longer the nation’s most expensive county to purchase a home in, following a study of Irish property prices for the second quarter of 2023.

The research, which was conducted by Geowox, found that Wicklow is now the most expensive county in the country for house prices, with the median average equating to €425,000.

Meanwhile Dublin had just a slightly lower median average of €424,000, with house prices nationally rising overall by 9.7% on the same period of last year, as the national median average hit €316,000.

Kildare, Meath and Cork rounded off the list of Ireland’s top five most expensive counties, with median property prices averaging at €390,000, €355,000 and €306,000.

The most affordable median house prices were seen in Cavan, Sligo, Leitrim, and Donegal, with prices varying from €151,000 to €185,000.

Tipperary saw the biggest jump in prices at a rate of 22%. (Credit: Getty Images)

Surprising property prices across the country:

Laois, Longford, and Tipperary saw median house prices increase exponentially, at rates varying from 16.8% to 22%, seeing them endure the highest price hikes in the country.

Of all counties surveyed, only Clare was found to have had “stable” house prices between the second quarter of 2022 and of 2023.

The sharpest decline in median property prices across the entire country was Dublin’s exclusive D6 postcode, where prices fell by a staggering 28%.

Conversely, properties in rural Ireland saw their prices rise by 16.7% year on year, in a welcome boost to rural homeowners.

€410,000 was the median price of a newly-built home nationally, whilst the average for an existing property was roughly €290,000.

Overall, house sales across the state were down by 4.8%, with 13,378 homes, both new and existing, sold in the second quarter of 2023.

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