That's according to a midlands auctioneer.
The price of homes rose by 6.1% in the 12 months to January.
It represents a slowdown in the growth of residential property prices, after they went up by 7.7% in the year to December, according to the CSO.
They rose by 4.3% in Dublin, and 7.4% outside the capital.
At the peak in February 2022, prices went up by over 15%.
The Institute of Property Auctioneers and Valuers believes the rate of growth of residential property prices is slowing down but it's not clear they'll level off.
It also says with new builds costing more to construct, it's likely those prices will stay high.
IPAV CEO and Castlepollard's Pat Davitt says there's no sign of prices falling:
Almost €446,000 Allocated To Midlands Community Centres And Clubhouses
Two People Killed In Offaly Following Fatal Crash
Midlands Family Takes On Ireland’s Fittest Family Challenge
5K Fundraiser To Support Motor Neurone Disease Association Takes Place In Westmeath
No Slowing Down With Age As Westmeath Bowlers Shine At 14th Annual National Bowls Competition
Woman Appears In Court Over €280k Cannabis Seizure In Midlands
Status Yellow Fog Warning Issued For Leinster, Munster And Galway
Call For More Public Toilets Across The Midlands And Beyond