Irish Home Prices Increase by 51% Since 2020, Geowox Data Reveals

The Geowox Housing Market Report for the second quarter of the year revealed that the median price for an Irish home increased to €370,000. The median price of homes in Ireland has gone up by 9.5% in the past year, reaching this new high according to the report.

This rise marks a 51% increase in median home prices since the second quarter of 2020 when the price was €245,000. Despite this, the volume of home sales dropped by over 13% to 11,734 in the quarter compared to the same period last year, marking a second consecutive decline in sales volume.

Dublin accounted for 3,612 of the transactions in the period, with new homes representing 2,674 sales, a 3.9% decrease year over year. However, the number of homes valued at over €801,000 increased from 675 in the second quarter of 2024 to 753 in the same period of 2025.

The median new home sold for €437,000, which is a 30.4% premium over pre-owned homes. A comparison of second-hand home sales by energy efficiency standards showed that A and B-rated homes sold for a €101,000 premium over lower-rated homes, with a median sales price of €441,000 over €340,000 for C to G-rated homes.

The rate of growth in apartment prices slowed down in the past year, growing 6.7% year-on-year in Q2 2025, compared to 10.3% in Q2 2024. Dublin city and Co Dublin remained the most expensive urban area and region respectively, with median home prices of €560,000 and €500,000.

Co Wicklow had the second-highest median price at €435,000, with Naas being the second most expensive urban center at €471,000. Monaghan was the most affordable urban center with a median home price of €212,000, while Donegal had the lowest median home price at €179,000.

According to Marco Giardina, head of data at Geowox, median prices are on the rise, with energy-efficient and new homes continuing to command significant premiums. The report uses the median home price to reduce distortion from outlier transactions.

According to the source: The Irish Times.