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7 hrs ago
THE MEDIAN COST of buying a home in Dublin is now €500,000, according to latest figures released by the Central Statistics Office (CSO).
Property prices in Dublin rose by 5.6% and prices outside Dublin were up by 8.1% in December 2025 compared with December 2024.
Residential property prices rose by 7% nationally in the 12-months to December.
Nationally, the median price of a house last year was €387,000.
The median price ranks exactly in the middle of the most and least expensive transactions.
House prices are now 25% above the highest level at the peak of the property boom in April 2007, while prices nationally have increased by 179% from their trough in early 2013.
CSO infographic of property prices relative to 2007 peak CSO
CSO
Within Dublin, the highest house price growth last year was within Dublin City at 7%, while on the other end of the scale Fingal saw a rise of 3.7%.
Outside of Dublin, the Midlands saw the largest increase in house prices at 14.4%, while the West saw the smallest increase at 6.4%.
The most expensive Eircode was A94 (Blackrock, Dublin) with a median price of €830,000, while F45 (Castlerea, Roscommon) had the least expensive price of €155,000.
Revenue data shows that 5,947 homes were bought in December, an increase of 15% on 2024 figures and the total value of transactions was €2.6 billion.
The data also shows that there were 2,538 first-time buyer purchases in December.
Ross Lynch, senior mortgage advisor at insurance broker and wealth management firm NFP Ireland, said that although prospective sellers will be cheered by the uptick in the rate of house price growth, aspiring housebuyers will be concerned.
“It means they are likely to continue to face significant affordability issues, particularly first-time buyers in certain areas, where demand remains high and new supply is still falling short,” he added.
‘Out of control’
Opposition TDs have heavily criticised Government for the latest figures. Sinn Féin’s housing spokesperson Eoin Ó Broin said it is housing plan failures by Government that is driving house prices “ever upward”.
“After a full year in office, the latest Fianna Fáil-Fine Gael government is continuing with the same failed policies as their previous government,” Ó Broin said.
“They are not investing in or delivering a sufficient volume of social and affordable homes. They are not supporting the SME builder-developer sector to build good quality homes for working people to buy.”
He said Government is incentivising “high density high cost private rental” while providing more subsidies to large developers.
“The consequence is a failure to deliver the right kind of supply, in the right areas, at the right prices.”
The Labour Party’s housing spokesperson Conor Sheehan similarly criticised Government for the increase in housing prices.
“We have now seen this Government remove private sector housing targets from its latest housing plan. That decision did not happen by accident. It happened because they have not got a hope of meeting those targets,” he said.
Sheehan added that Government hasn’t met its previous commitments under its Housing for All plan, “and now they have decided to remove a basic measure of accountability rather than face up to failure.”
Additional reporting by Emma Hickey
