House prices continue to rise but pace of growth eases in late 2025
National prices up 6.6% year-on-year as Dublin growth lags regions
21 January 2026 | 📧 editor@ipropertyradio.com
Residential property prices continued to rise across Ireland in November 2025, but at a slower pace than earlier in the year, according to the latest Residential Property Price Index (RPPI) from the Central Statistics Office.
The CSO reported that national residential property prices were 6.6% higher in the 12 months to November 2025, down from an annual increase of 7.2% recorded in October. This points to a modest easing in price growth as the year drew to a close, although prices remain significantly higher than a year ago.
Price growth in Dublin continued to trail the rest of the country. Residential property prices in the capital rose by 5.0% year-on-year, compared with an increase of 7.9% outside Dublin. Within Dublin, house prices increased by 4.8% while apartment prices rose by 5.6%. Dublin City recorded the strongest house price growth in the capital at 5.7%, while Fingal saw the lowest increase at 3.7%.
Outside Dublin, house prices rose by 7.7% and apartment prices increased by 10.5% over the year. The Midlands recorded the strongest regional house price growth at 13.8%, followed by the West at 8.8%. At the lower end of the scale, both the Mid-West and the South-East saw annual house price growth of 6.0%.
The median price paid for a dwelling nationally in the 12 months to November 2025 was €384,000. Dublin remained the most expensive region, with a median price of €499,000. Within the capital, Dún Laoghaire-Rathdown recorded the highest median price at €677,000, while Fingal was the least expensive Dublin local authority area with a median of €469,999.
Outside Dublin, Wicklow had the highest median price at €450,000, followed by Kildare at €440,000. Donegal remained the least expensive county nationally, with a median dwelling price of €190,000.
At Eircode level, the most expensive area in the country was A94 (Blackrock, Dublin), where the median price reached €830,000. The least expensive was F45 (Castlerea, Co Roscommon), with a median price of €150,000.
In terms of market activity, 4,074 household dwelling purchases were filed with the Revenue Commissioners in November 2025, representing an 8.3% decrease compared with November 2024. These transactions had a combined value of €1.8 billion, down 6.0% on the same month last year. Existing homes accounted for just over three-quarters of purchases, with 908 new dwellings sold during the month.
First-time buyers accounted for a significant share of the market, with 1,589 purchases recorded in November 2025, slightly lower than a year earlier. Over the 12 months to November, first-time buyers made up 38.5% of all household market purchases, while former owner-occupiers accounted for just over half.
Despite the recent easing in annual growth rates, the CSO noted that residential property prices remain well above previous peaks. National prices are now almost 24% higher than at the height of the property boom in 2007, underlining the continued affordability challenges facing many prospective homebuyers.
