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Relentless Midlands House Price Increase Continues

Tuesday, 25 March 2025 06:48

Daft.ie's latest report shows prices are over 13% in Laois, Offaly, and Westmeath.

The cost of a home in the midlands has increased by over 13% in the last 12 months.

While a new report from Daft.ie shows house prices across the country rose by 11.6%.

A series of recent reports are underlining a surge in the cost of a home in Offaly in the last few weeks and months.

The average price of any house on the market in the county is now €280,000 - that's an 18.2% increase on 12 months previous.

While the cost has jumped 5.5% in just three months.

The price inflation in Laois and Westmeath is less severe but still considerable.

The year on year change in Laois is 13.7%, with an increase of 4.5% in the last quarter.

While in Westmeath the figure is up 13.8% over the course of the year, and up 3% in the last three months.

The lack of supply across the country is being pointed at by industry experts.

In late 2022, there were almost 4,900 second-hand homes on the market. But by the start of 2025, that had fallen to just over €2,500.

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