Laois home prices increase by 10% in year - CSO

New figures from the Central Statistics Office (CSO) show that residential property prices in Laois grew by 10% on an annual basis in March.

According to the CSO the average residential property price in the county in March 2024 was €255,000 which compares to €230,000 12 months earlier. 

The data is broken down by Eircode across the country and shows that the average price for a home in the Portlaoise Eircode Area has risen from an average of €228,500 in March 2023 to €250,000 in March 2024. 

Nationally residential property prices grew by 7.3% in the last year up to March.

The lowest median price for a home was €168,000 in Leitrim, while the highest median price was €620,000 in Dún Laoghaire-Rathdown.

The most expensive Eircode area was A94 "Blackrock" with a median price of €720,000, while F45 "Castlerea" had the least expensive price of €135,000.

Commenting on the release, Niall Corkery, Statistician in the Prices Division, said: "In the 12 months to March 2024, house prices in Dublin rose by 7.7% while apartment prices rose by 5.3%. Outside Dublin, house prices were up by 7.2% and apartment prices rose by 10%. The region outside of Dublin that saw the largest rise in house prices was the Mid-West (Clare, Limerick, and Tipperary) at 12.3%, while at the other end of the scale, the Border (Cavan, Donegal, Leitrim, Monaghan, and Sligo) saw a 2.9% rise."

In March 2024, 3,314 dwelling purchases by households at market prices were filed with the Revenue Commissioners, a decrease of 19.8% when compared with the 4,132 purchases in March 2023.