House prices in Kildare show a 3.7% increase on last year
Miniature model house standing on a stack of coins on the shelf.
NEW DAFT.IE report shows that in Kildare house prices in the third quarter of 2024 were 3.7% higher than a year previously, compared to a rise of 5% a year ago. The average price of a home in Kildare is now €355,000, 38% above the level seen at the start of the Covid-19 pandemic.
House prices nationally rose by an average of 3.1% in the third quarter of 2024 according to Daft.ie’s latest report. The average listed price nationwide in the third quarter of 2024 was €344,848, 6.2% higher than in the same period a year earlier and 37% higher than at the onset of the Covid-19 pandemic.
New build homes for this year in Kildare list an average of €432,500, higher than the national median of €407,500.
The report also gave an average listing price for different types of homes nationwide. In Kildare, the average asking price for a one-bed apartment this quarter is €134,000, a 4% decrease since this quarter last year. The average asking price for two-, three- and five-bedroom houses in Kildare have all increased in the last year between 4%-8%.
The increase in prices in the third quarter was broadly based but the percentage gains were greatest in Dublin, where prices rose by 4.1% from June to September, the largest three-month increase in the capital since early 2017.
Commenting on the report, its author Ronan Lyons, an economist at Trinity College, Dublin, said: “While the volume of new homes being built and bought has largely held up in recent quarters, despite rising interest rates, the same cannot be said of the second-hand market. The number of homes coming on to the second-hand market remains very weak.”
