Dublin's average second-hand home price exceeds €600,000 barrier, national average at €313,453.

The average price of a second-hand home in Dublin has reached €600,047, while the national average is €313,453. The average price of second-hand properties in Ireland, excluding Dublin, rose 4.7% in the first half of the year, compared to 3% in the capital. Apartment prices in Dublin increased by 7% in the 12 months to June 2025, while house prices outside Dublin rose by 8.6%.

The average price of a second-hand home in Dublin has reached €600,047, according to a new report from estate agent DNG. This marks a significant increase from the national average of €313,453. The report highlights the stark contrast between Dublin's housing market and the rest of the country [2].

In the first half of 2025, the average price of second-hand properties in Ireland, excluding Dublin, rose by 4.7%, compared to a 3% increase in the capital. This disparity is consistent with the broader trend of Dublin's housing market experiencing slower price inflation than the rest of the country [2].

Apartment prices in Dublin have shown robust growth, increasing by 7% in the 12 months to June 2025. Conversely, house prices outside Dublin rose by 8.6% over the same period [2].

The housing market in Dublin remains characterized by an excess of demand over supply, with a welcome increase in the number of homes coming for sale in recent months. This has helped to dampen the rate of price growth somewhat, but demand remains strong, particularly from first-time buyers [2].

First-time buyers accounted for 54% of second-hand property purchases through DNG in the first half of 2025, while existing homeowners trading up made up 19% of buyers. Only 5% of buyers were looking to trade down [2].

The regional house-price growth varied significantly across Ireland. The highest regional growth was seen in the mid-west, with prices rising by 10.4% in the past year. The border region, however, saw the lowest average housing price increase, at 3.7% [2].

As the housing market continues to evolve, investors and financial professionals should closely monitor these trends to make informed decisions. The data underscores the importance of understanding the nuances of local markets and the broader economic climate.

References:
[1] https://www.tradingview.com/news/te_news:464175:0-ireland-residential-property-price-growth-steady-at-7-5/
[2] https://www.irishtimes.com/business/2025/06/25/average-price-of-a-second-hand-home-in-dublin-pushes-past-600000-barrier/