Offaly house prices up 6% over last twelve months

In Offaly, prices in the second quarter of 2024 were 6% higher than a year previously, compared to a rise of 6% seen a year ago. The average price of a home in the county is now €264,000, 15% below its Celtic Tiger peak.

Nationally, housing prices rose by an average of 3.8% in the second quarter of 2024, according to the latest Daft.ie House Price Report. The typical listed price nationwide in the second quarter of 2024 was €340,398, 6.7% higher than in the same period a year earlier and 35% higher than at the onset of the Covid19 pandemic.

While the increase in the second quarter was broadly based, there remain notable differences in price trends across the country. In Dublin, prices in the second quarter of the year were 4.7% higher than a year previously, while in Cork and Waterford cities, the increase was closer to 10%. In Galway and Limerick cities, prices were more than 12% higher year-on-year.

A similar pattern holds for the rest of the country. In Leinster (outside Dublin), prices were up 6.1% year-on-year, while in Munster the increase was 10.4% and in Connacht-Ulster 6.2%. But while almost all regions saw inflation tick up, compared to previous quarters, in Connacht-Ulster inflation is cooling slightly.