Tipperary property prices rise by €26,750 in one year

New data from the MyHome Property Price Report shows that the median price for a property in the county is now €239,250, and the latest survey shows an annual asking price inflation rate of 4.7% nationally.

The report for the first three months of the year, in association with Bank of Ireland, shows that the median asking price for a property in the county is now €239,250, which means that prices have risen by €9,250 over the quarter. 

Asking prices for a three-bed semi-detached house in the county rose by €26,000 in the last year to an average of €225,000, a rise of €10,000 over the first quarter of the year.

Meanwhile, the asking price for a four-bed semi-detached house in Tipperary rose by €35,000 in the last year to €265,000, a rise of €20,000 over the quarter. 

There were 293 properties for sale in Tipperary at the end of March this year, and the average time for a property to go ‘sale agreed’ in the county after being placed up for sale now stands at almost three and a half months. 

The author of the report, Conall MacCoille, chief economist at Bank of Ireland, said: “This quarter’s MyHome Report shows that asking prices rose by 1% in Q1 2026, a relatively sedate rise ahead of the summer trading season. Hence, the annual rate of inflation slowed again, to 4.7% in Q1 2026, down for a fifth consecutive quarter from the 8.4% peak at end-2024.

“While this slowdown is evident in the mortgage market, particularly among first-time buyers, competition among buyers is still intense, with the median transaction price still 7% over the original asking price and the median property taking just one month to go sale agreed.

MacCoille believes that more small landlords will leave the private rented sector in 2026, and sell their properties as a result of stricter regulations.

Residential Tenancies Board (RTB) data show there were 10,612 notices-of-termination received in H2 2025, up almost 40% on the year before.

However, the fuel crisis sparked by events in the Middle East will of  course have an impact.

“We are also mindful thatl the recent surge in Brent oil above $100 per barrel will feed through into build cost inflation, potentially adding another headwind to the construction sector.

“The broad message from the MyHome asking price data is that the official measure of transaction price inflation, the CSO’s Residential Property Price Index (RPPI), should continue to slow from the 7% pace recorded in January. Stretched affordability now appears to be leading to more subdued gains in Irish house prices, closer to the current pace of pay growth. We expect the CSO’s official measure of transaction price inflation to slow to 4% by end-2026.” 

Joanne Geary, Managing Director of MyHome, said: “While a predicted surge in small landlords exiting the private rental sector is clearly bad news for the rental sector as a whole, this could boost housing transactions this year by 3%, which could provide some much-needed liquidity in a very tight market.

“As has been the case for some time now, more supply is critically important for our property market. We would hope to see homebuilding figures and overall investment in the sector continue to improve on the back of recent policy changes from the Government.”