If it’s value you’re looking for, go west.
Longford is by far the least expensive county in which to buy a house in Ireland, according to the Daft.ie house price report for the first quarter of 2016.
Analysis of recent trends in Irish residential sales market shows that the average asking price for a house in Longford is just over €100,000 (€100,237), over €10,000 cheaper than the second least expensive county in the country, Leitrim (€111,964).
The analysis shows that the cheapest counties in which to buy a house in Ireland are mostly located in the west of the country, with Roscommon, Sligo and Mayo making up the five least expensive counties in the country.
The report also reveals that, due to the introduction of Central Bank rules, the price of housing in Dublin has rarely budged since 2013. The lack of available housing has become a serious problem in the capital; there are just 27 homes for sale for every 10,000 people in Dublin compared to 62 per 10,000 elsewhere in the country.
Unsurprisingly, the price of buying a house in Dublin is vastly different from elsewhere in the country. According to the Daft.ie report, the average asking price for a house in North County Dublin is €265,147, compared to €268,269 in West County Dublin and €517,774 in South County Dublin.
In Dublin city, meanwhile, the average asking price for a house in the city centre is €249,033, compared to €283,887 in the north city and €345,203 in the south city.
You can read the Daft.ie report in full here.
The least expensive counties in which to buy a house in Ireland
Longford (average asking price: €100,327)
Leitrim (€111,964)
Roscommon (€113,466)
Sligo (€114,102)
Mayo (€127,664)
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