€393,000 Median House Price as Sales Fall 6.5% Across Ireland
Geowox report finds prices continue to rise despite fewer transactions, with rural homes now commanding a premium over urban properties
25 July 2026 | 📧 editor@ipropertyradio.com
Ireland’s housing market continued to see rising property prices during the second quarter of 2026, despite a slowdown in sales activity, according to the latest Geowox Housing Market Report. The report found that the median price of a home reached €393,000, an increase of 6.2% compared with the same period last year, while the number of residential transactions fell 6.5% to 13,026 sales.
The figures suggest that demand continues to outstrip supply in many parts of the country, with buyers competing for a limited number of homes despite affordability pressures and higher borrowing costs.
County Dublin remained Ireland’s most expensive housing market, with a median sale price of €500,000, representing a 42.9% premium over the rest of the country, where the median price was €350,000. Within the capital, Dublin 6 recorded the highest median house price at €901,000, while Dublin 17 remained the most affordable postcode at €332,000.
Outside Dublin, Wicklow recorded the second-highest median price at €460,000, followed by Kildare at €455,000. At the other end of the market, Longford remained Ireland’s most affordable county, with a median sale price of €193,000.
One of the more notable findings was the continued strength of rural housing values. Rural property prices increased by 7.7% year-on-year, compared with 4.2% in urban areas, pushing the median rural home price to €420,000 versus €375,000 in urban locations. According to Geowox, rural homes now command an almost 12% premium over urban properties, reflecting sustained demand for homes outside Ireland’s larger towns and cities.
The report also found continued divergence between houses and apartments. The median price of a house rose 6.6%over the year to €405,000, while apartment prices increased by a more modest 3.1% to €330,000.
Energy efficiency continued to influence buyer behaviour and pricing. Existing homes with A or B BER ratingsachieved median sale prices of €452,000, compared with €355,000 for homes rated between C and G. This represents a premium of approximately 27.3%, or €97,000, highlighting the growing financial value buyers place on lower energy bills and improved environmental performance. The analysis excludes new homes to isolate the impact of energy ratings on existing housing stock.
New-build homes also continued to attract a significant premium. The median price of a newly built home reached €450,000, up 2.5% on a year earlier, making new homes 26.8% more expensive than existing properties, which recorded a median price of €355,000.
While prices continued to rise, transaction volumes weakened across much of the country. National sales fell to 13,026during the quarter. County Dublin recorded 3,947 sales, down 9.2%, while Galway transactions fell 10.9%. Cork was one of the few larger counties to buck the trend, recording a 3% increase in sales activity. Overall, rural sales declined 12%, compared with a 3.2% fall in urban transactions.
Sales remained concentrated in the middle of the market, with the largest share of transactions occurring between €250,000 and €500,000. Meanwhile, the number of homes selling for less than €150,000 continued to decline, reflecting both rising property values and the shrinking availability of lower-priced homes.
Across all market segments, Geowox found that only new-build homes (+1.1%) and energy-efficient properties (+2.7%) recorded growth in transaction volumes during the quarter, while existing homes, houses, apartments and rural properties all experienced lower sales compared with the same period last year.
The report concludes that Ireland’s residential market remains resilient, with strong annual price growth continuing despite fewer transactions. For prospective buyers, the findings underline the ongoing challenge of affordability, while also highlighting the increasing value attached to energy-efficient homes and the sustained strength of demand outside the country’s largest urban centres.
