Cork house prices increased more than the national average last year, as homes cost an average of \u20ac361,500 in Cork city and \u20ac361,143 in Cork county, a new report from Daft.ie shows.<\/p>\n
According to the Irish House Price Report Q4 2025, prices in Cork city are up 7.4% year on year for a semi-detached three bed home, and 5.7% in Cork county. According to the Daft.ie List Price Index, housing prices nationally were 5.5% higher than a year ago.<\/p>\n
In Cork city, prices rose last year compared to the year before for every property type, including increasing 7.4% to \u20ac409,000 for a semi-detached three bed and 4% to \u20ac493 for a semi-detached four bed.<\/p>\n
Rises of 4.4%, 2.5%, 0.3% and 12.8% were seen for detached two, three, four and five beds respectively, bringing their prices to an average of \u20ac301,000, \u20ac419,000, \u20ac607,000 and \u20ac782,000.<\/p>\n
For terraced homes, a two bed cost \u20ac274,00, up 3% from last year, a three bed was \u20ac331,000, up 8.2% and a four bed was \u20ac383,000, up 2.3%.<\/p>\n
One bed apartments saw the sharpest price increase in Cork city, up 16.1% to \u20ac271,000, while two and three bed apartments were up 5.5% to \u20ac302,000 and 8.3% to \u20ac346,000, respectively.<\/p>\n
Cork county saw increases compared to last year in every property type aside from one and two bed apartments, though the price for 3 bed apartments was up 13% to \u20ac276,000 compared to 2024, the highest increase per property type.<\/p>\n
A rise of 12.9% was also recorded for terraced two bed houses, while the lowest increase was 4.5% for a detached five bed house, which was the most expensive property type at an average price of \u20ac566,000.<\/p>\n
The report says that nationally, there has been a modest decline in the speed of increases compared to last year, but \u201cthe market remains very tight\u201d.<\/p>\n
The gap between the initial list price and the ultimate transaction price is close to a record high, at over 6% across Ireland, and the volume of second-hand homes put up for sale over the course of the year was just over 53,000, down compared 63,000 in early 2023 and 10% compared to the pre-covid levels.<\/p>\n
The report authors explained: \u201cA fall-off in supply of about 10% is one thing. But trends in availability on the market \u2010 which reflects both supply and demand \u2010 are worse. There were only 11,500 second-hand homes available to buy on December 1.<\/p>\n
\n \u201cWhile that’s up 7% year-on-year, it is less than half the pre-covid average of over 26,000. And Dublin partially offsets this, as its supply picture is rosier than elsewhere.\u201d\u00a0\n <\/p>\n
On December 1 2025, there were a total of 876 second-hand homes actively for sale across Cork, Limerick, Galway and Waterford cities, which is up 2% on the same date a year ago, but a considerable decrease from over 2,000 before the pandemic. Transaction prices across the four cities are now 49% above their pre-covid levels and 87% higher than a decade ago.<\/p>\n
There were almost 1,200 market transactions in the four major cities (excluding Dublin) in the third quarter of 2025 \u2013 a fall of 1% on the same quarter a year earlier, and there were very few transactions of newly-built homes in the third quarter, just 19 compared to almost 50 a year before.<\/p>\n","protected":false},"excerpt":{"rendered":"Cork house prices increased more than the national average last year, as homes cost an average of \u20ac361,500…\n","protected":false},"author":2,"featured_media":226263,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[62890,72,4257,79,25976,61,60,4310],"class_list":["post-226262","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-cork-housing-crisis","tag-business","tag-cork-business","tag-cork-news","tag-cork-property","tag-ie","tag-ireland","tag-property"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/226262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=226262"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/226262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/226263"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=226262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=226262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=226262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}