Longford offers best value in country for house buyers
Average property prices in Longford rose by 2% in the final quarter of 2023, but the county has fallen to the bottom of the Daft.ie House Price Report.
A 10.4% increase in house prices in Leitrim means Longford now has the lowest average house price offering buyers best value.
The latest stats show housing prices across the country rose during 2023 by an average of 3.4%, the smallest increase since 2019.
In Longford, the prices in the final three months of 2023 was €189,215, below the average property price in Leitrim of €191,133.
The Daft.ie data suggests the average price of houses on the market in Longford is 25% below its Celtic Tiger peak.
Longford town based property agent, Padraic Davis, was not surprised by the shift: “Donegal, Longford, Leitrim and Roscommon have always been on a par. What may have pushed Leitrim ahead of us is the prices of property in the Carrick on Shannon area.
“They have skyrocketed. That's pushing the average up.”
The typical listed price nationwide in the final three months of the year was €320,046, 1.5% lower than in the third quarter.
The number of homes available to buy nationwide on December 1st stood at just over 11,100.