Louth house prices hold firm as Dundalk edges higher
The county wide median house price for Louth now stands at €370,000
The median house price for houses sold with the Dundalk Eircode A91 in May 2026 was €341,250, a slight increase on April according to figures released by the CSO (Central Statistics Office) in their Residential Property Price Index report.
The county wide median house price for Louth now stands at €370,000, the same as April.
Of the 72 houses sold in Dundalk in May, 30 were to first time buyer owner-occupiers; 39 to former owner-occupiers and 3 were to non occupiers.
Twenty-seven of these houses were new builds while forty-five were existing homes.
The median price of the new houses sold was €415,000 €397,500 (up €7,500 on April) and the median price of existing houses sold in May was €275,000 €303,500 (down €28,500 on April).
In Drogheda, the median price of residential properties sold in A92 in May 2026, was €385,000, the same as April.
Of the 95 houses sold in Drogheda in May, 48 were to first time buyer owner-occupiers; 42 to former owner-occupiers and 5 were to non occupiers.
Forty-one of the houses sold were new houses and the other 54 were existing.
The median price for the new houses sold was €415,000 (down €2,000 from April) while for existing houses it was €323,000 (up €17,000 from April).
Nationally, the national Residential Property Price Index (RPPI) increased by 6.2% in the 12 months to May 2026, unchanged from the 6.2% recorded in the year to April 2026. Property prices in Dublin rose by 4.7% and prices outside Dublin were up by 7.3% compared with May 2025.
The median price of a dwelling purchased in the 12 months to May 2026 was €395,000. The highest median price for a dwelling in the 12 months to May 2026 was €689,325 in Dún Laoghaire-Rathdown, while the lowest median price was €198,000 in Longford. In May 2026, 3,861 dwelling purchases by households were filed with the Revenue Commissioners at a total value of €1.71 billion. These purchases were made up of 2,781 existing dwellings and 1,080 new dwellings.
Revenue data shows there were 1,630 first-time buyer purchases in May 2026.
Commenting on the latest CSO Residential Property Price Index for May, IPAV, the Institute of Professional Auctioneers & Valuers, said the level of increases having pulled back from the double-digit growth of Autumn 2024 to 6.2% in April and May this year, is as unsurprising as it is welcome.
Genevieve McGuirk, IPAV’s Chief Executive said: “It’s not sustainable that high increases could be maintained over a prolonged period, even with the shortage of supply. They have been on an upward trajectory since the covid pandemic.”
And she said in the current economic climate prospective buyers are behaving more cautiously. “Cohorts of the market are performing differently with many buyers concerned about interest rates into the future and are taking more time over their decisions and that is understandable,” she said.
It was evident in today’s CSO figures, she said, that of the 20 market segments featured in the index, between April and May nine displayed annual percentage increases, a further nine showed decreases, with two indicating no change.