Midlands 103

Search

Listen Live

On Air Now

Midnight - 6:30am

The Late Night Mix

Timbaland Feat One Republic

Apologize

Westmeath House Prices Soar By €20k In 2023

Monday, 8 April 2024 08:15

They also rose by €15k and €11k in Offaly and Laois, respectively.

Asking prices for a home in Westmeath jumped by more than €20,000 in 2023.

The average cost of a house in the county is now €235,000, according to the latest MyHome.ie Property Price Report.

Offaly homes have seen their price tag increase by €15,000 when compared to this time last year, while the jump in Laois is €11,000.

Nationally, asking prices also rose significantly last year, up 6.5% on 2022.

Chief Economist at Bank of Ireland, Connall MacCoille, says homes are still selling for above their asking price:

The number of homes available to buy in the midlands fell by 13% in the first quarter of the year.

MyHome.ie's latest report has found there are 462 houses on the market in the region.

Westmeath boasts the largest number of those, with 173, followed by 145 in Offaly and 134 in Laois.

Nationally, there's a record low number of homes available, with a total figure of just under 11,000.

Chief Economist at Bank of Ireland Connall MacCoille says supply can't keep up with exceptionally high demand:

More from Midlands News

Laois Gardaí Thanking Public After Finding Missing Woman

Carmel Mulligan has been found safe and well.
Missing Laois Teenager Found Safe And Well

Warren O'Shea was reported missing from Portlaoise on Friday.
Man In His 90s Dies In Laois Crash

Gardaí are appealing for witnesses.
Offaly Prize Bonds Holder Wins €500k

A bond purchased in 2022 is the winner of the monthly prize.
BNM Workshop Reunion Taking Place In Offaly Tomorrow

The former staff of the Boora Workshop will reunite in Teach Lea.
ICTU Reminds Employees Of The Right To Disconnect

The Irish Congress Of Trade Unions is reminding people to leave the office behind on holidays.
Laois Town To Host Famine Commemoration Event

Abbeyleix is set to host one next May.
Plans For Billion Euro Data Centre In Westmeath Face New Appeal

The State's planning body will now rule on the future of the development.
Westmeath Councillor Advocates For More Remote Working Hubs

Labour rep for Kinnegad Denis Leonard is hoping plans for Killucan Market House are approved.
Midlands Homelessness On The Rise

340 people in Laois, Offaly, Longford, and Westmeath are being classified as homeless.
Hundreds Without Power In Westmeath

Over 860 premises in Mullingar are cut off at the moment.
Westmeath Domestic Abuse Support Service Reports Rise In Cases

Esker House in Athlone say they're dealing with a rise in cases.
Laois TD Highlights GP Gap

Brian Stanley says 74 people in the county under the Medical Card scheme have no access to GP services.
Call Made For 'Cost Of Disability Payment' in Budget 2027

Campaigners are seeking a payment of €55 per week to cover extra costs.
Offaly Coffee Shop Listed Among Top 100 In Europe

Conway and Co in Tullamore is ranked 69th on this year's list.
Man To Stand Trial Over Midlands Tasering Accusation

The Longford man is remanded on bail until October 13.
Another Report Underlines Midlands House Price Inflation

The cost of a home in the Midlands and Mid-West is up by over 7%.
Midlands Braced For Severe Thunderstorms

Met Eireann is warning of localised flooding, hail damage, and possible power outages.
Sustainable Livestock Village Programme Launched For Tullamore Show

The programme features the International Year of the Woman Farmer as a key theme.
Offaly Woman Named National Carer Of The Year

Vanessa Craven was recognised for her work.

Download Our App

Never miss a moment from Midlands 103