Limerick city house prices have risen 1.4% over three months, Real Estate Alliance says

The price of the average second-hand three-bed semi-detached house in Limerick city has risen by 1.4 percent to €350,000 over the past three months, according to the latest Real Estate Alliance (REA) national survey.

Across county Limerick, prices over the past three months have increased by 0.9 percent to an average of €280,000.

Over the past quarter, the average time taken to reach a sale agreement on a house was three weeks in the city and four across the county.

“Supply for the first quarter of this year was up from the same period in 2025 – hopefully a trend to carry through the year,” said Pat Dooley of REA Dooley. 

A total of 50 percent of sales in the county, and 60 percent in Limerick city, were attributed to landlords leaving the rental market.

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The survey shows that this quarter, 75 percent of buyers in the city and 80 percent across the county were first-time buyers, 

As energy prices become an ever-bigger concern for buyers, the survey found A-rated Building Energy Rated properties in the county are commanding 15 percent price increases in comparison to C-rated properties.

The REA Average House Price Index concentrates on the sale price of Ireland's typical stock home - the three-bed semi-detached house - to give an accurate picture of the second-hand property market in towns and cities countrywide.

The actual selling price of a three-bed, semi-detached house across the country rose by 1.5 percent in the past three months to €364,747.

This represents a 7.67 percent annual rise – slowing gradually from the nine percent increase registered six months ago.

Homes in the country’s large towns rose by two percent this quarter and nine percent annually to an average of €281,287, while prices in commuter counties rose by one percent to €377,185.