Typical home is now €200,000 more expensive than just over a decade ago

Central Statistics Office figures show that Residential Property Price Index increased by 8.7pc in the 12 months to last December 2024.

This is a slight slowdown from the rate of increase from the previous month.

It was the 16th month in a row of rising values.

Dublin values were up by 8.3pc in the year, and prices outside Dublin rose by 9opc.

In the month of December prices were up by 0.5pc compared with the previous month, the CSO said.

For last year as a whole, the median, or mid-point, price paid by households for a residential property was €355,000.

This is compared with €259,000 in 2019, and €155,000 in 2013.

This means typical prices are up by €200,000 in just over a decade.

In the year to December the lowest median price for a dwelling was €182,250 in Longford.

The highest median price was €660,000 in Dún Laoghaire-Rathdown.

CSO statistician Niall Corkery said: “Residential property prices rose by 8.7pc in the 12 months to December 2024, down from 9.6pc in the…

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