Midlands 103

Search

Listen Live

On Air Now

3:00pm - 7:00pm

Drivetime

Londonbeat

I've Been Thinking About You

Over 8% Yearly Increase In Midlands Home Prices

Wednesday, 18 September 2024 14:37

€258,000 is the average price tag for a home in the region, according to the CSO.

The average price of a home in the midlands soared by 8.5% year-on-year in July.

The latest report from the CSO shows the average cost of a home in region was €258,000.

Westmeath offers the most expensive residential property in the midlands, at €275,000 - that's up from €240,000 during the same period last year.

The average cost of a home in Laois is €260,000, while it's €240,000 in Offaly.

The report has found residential property prices nationwide rose by 9.6% in the 12 months to July.

It also shows the national index is now 12.4% higher than the peak of the property boom in 2007.

Property costs on average were highest in Dun Laoghaire-Rathdown, at €630,000, and lowest in Longford, at €171,000.

Niall Corkery, Statistician in the Prices Division, said: “Residential property prices rose by 9.6% in the 12 months to July 2024, up from 8.9% in the year to June 2024.

In Dublin, residential property prices saw an increase of 10.3%, while property prices outside Dublin were 9.1% higher in July 2024 when compared with a year earlier."

More from Midlands News

Third Midlands Hospital Asks Patients To Consider Other Treatment Options

It's the third hospital in the midlands to make this call.
Dovida Midlands Encourages New Caregivers With Training And Guidance

The company plans to broaden its range of services.
Offaly TD Calls For More Business Parks To Support Rural SMEs

John Clendennen wants control of business park development shifted from the IDA to local councils.
Applications Open For New Cost Rental Homes Westmeath Town

A three bed is available for €1500 at Dun an Ri.
M50 Toll Revenue Tops €500k Daily as Traffic Peaks

Tolls rose by 10 cent on January 1st.
Young Innovators Fill RDS As 2026 Young Scientist Exhibition Gets Underway

President Catherine Connolly was in attendance.
Midlands MEP Appointed Lead Negotiator On Next Common Agricultural Policy

Nina Carberry has been tasked with formulating the EPP’s budget position on CAP.
New Garda Superintendent Appointed To Offaly Station

Anthony Tighe has been officially confirmed into the new role.
Offaly Man Marks 500 Platelet Donations

Birr's John O'Halloran started donating platelet cells 25 years ago.
Teen Banned From Westmeath Local Link Bus After Anti-Social Behaviour

The incident took place on the Mullingar/Castlepollard route.
Government Pledges Over €4bn Investment In Businesses And Tourism By 2030

€400m will be directed towards tourism.
Forsa Members Vote For Industrial Action Over RSA State Claims Coverage

The issue has reportedly been sent to the WRC for review.
Brazilian Beef Batch Found In Ireland Ahead Of Mersocur Vote

The Irish food chain received 128 kg of hormone-treated Brazilian beef last year.
Westmeath Woman Plans Dream Trip To New York After Lotto Win

The lucky winner collected her prize today.
Multiple Truck Crashes In Laois

A sequence of truck collisions took place on the M7 this morning.
Breakdown Causing Major Delays On M6

A stricken lorry is responsible for the congestion.
2026 Tullamore Tradfest To Take Place In March

Over 50 events will be held over the weekend of March 27th-29th.
Over 750 Drivers Caught Drink Or Drug Driving Over The Festive Season

A motorist in Laois was caught doing over double the speeding limit.
Laois Council Seeks New Housing Partner For Domestic Abuse Refuge

An application was turned down in November due to funding.
Midlands Meteorologist Issues Snow And Rain Warning As Storm Goretti Hits South

Drivers are warned that poor visibility and isolated flooding could make driving hazardous.

Download Our App

Never miss a moment from Midlands 103