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Property Prices Increased By 7.9% In The 12 Months To May

By Sean Sean O Regan
16/07/2025
Est. Reading: 1 minute

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The pace at which property prices are rising has increased, with the cost of buying a home increasing by 7.9% in the 12 months to May - up from 7.6% in the year to April 2025.

In Dublin, residential property prices saw an increase of 6.9%, while property prices outside Dublin were 8.7% higher in May 2025 when compared with a year earlier.

The region outside of Dublin that saw the largest growth in house prices was the border (Cavan, Donegal, Leitrim, Monaghan, and Sligo) at 11.1%, while at the other end of the scale, the South-East (Carlow, Kilkenny, Waterford, and Wexford) saw a 7.7% rise.


Niall Corkery, Statistician in the CSO's Prices Division says "households paid a median or mid-point price of €370,000 for a residential property in the 12 months to May 2025."

"The highest median price paid for a dwelling was €670,000 in Dún Laoghaire-Rathdown, while the lowest was €186,000 in Leitrim."

"The most expensive Eircode area over the 12 months to May 2025 was A94 (Blackrock, Dublin) with a median price of €770,000, while F45 (Castlerea, Roscommon) had the least expensive price of €150,000."

The national index has now reached the value of 194.3, which is 18.8% above its highest level at the peak of the property boom in April 2007.

Dublin residential property prices are 5.3% higher than their February 2007 peak, while residential property prices in the rest of Ireland are 20.5% higher than their May 2007 peak.

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