REVEALED: Kilkenny ranked among Ireland's least affordable counties for homebuyers
Kilkenny is ranked as Ireland's seventh least affordable county for homebuyers
Kilkenny is ranked as Ireland's seventh least affordable county for homebuyers, according to a study recently compiled by Chill Insurance.
With an average house price of €326,304 and a required deposit of €32,630 it would take prospective buyers six years to save for the deposit in Kilkenny.
The study examined average house prices, incomes, and other key financial factors to reveal the most and least affordable places to buy a home.
It also revealed that house prices in this area have risen by 133% over the past decade and are projected to increase by 10% by 2030, reaching €360,947.
Dublin ranks as Ireland's least affordable location for homebuyers. The average house price in the capital costs €614,012—double the national average of €291,078. Saving the €61,401 deposit would take prospective buyers nearly 9 years.
It also highlighted the counties projected to see the largest increases in house prices over the coming years.
Leitrim is Ireland's most affordable county for homebuyers, with average house prices at €186,487 in 2024 and a deposit of €18,649, taking just under four years to save.
County Wicklow is forecasted to see the sharpest increase in house prices by 2030, with the average price expected to rise from €461,534 to €586,398—a 27% surge over the next five years.
Laois has seen the highest growth over the past decade with the average house prices in the county skyrocketing by 161%, climbing from €101,752 to €265,224.