Ireland real estate market — prices, rental yield and trend
- Average price: $4,828 / m²
- Gross rental yield: 8.81%
- 12-month price change (USD): 2.2%
- Net rental yield: 7.05%
- Transaction cost: 2.4%
- Price basis: national average
Residential property in Ireland averages $4,828 per square metre. In dollar terms the market has barely moved over the last twelve months (+2.2%). That makes it the 39th most expensive of the 131 markets in the set.
What a buyer pays in Ireland
The $4,828 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 2.4% of the price here. On a 100 m² apartment at the average price that is roughly $11,586 on top of the $482,750 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Inside Ireland we also track Dublin separately, where the average is $9,539 — 97.6% above the national figure.
What it earns
A square metre lets for about $35.5 a month. Against a purchase price of $4,828 per square metre that is 8.8% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 6th of 151 markets by gross yield. Rental income is taxed at 20%, which takes the yield down to 7.1% net. The 1.8-point difference between the gross and net figure is the part most listing sites leave out.
How the tax works. Net rent (after deductible expenses) is taxed at 20% up to EUR 44,000 of taxable income and 40% above (single person, 2026); USD 1,000-3,000 a month (about EUR 10,700-32,100 a year) stays in the 20% band. USC and PRSI are not included. Where no Irish collection agent is used, the tenant must withhold 20% of gross rent (Non-Resident Landlord Withholding Tax). Sources: PwC Tax Summaries Ireland (rates and bands, last reviewed 2026-08-05); Global Property Guide Ireland (NLWT).
Where the price sits against its own history
Prices are +44.7% over five years and +100.8% over ten in local terms.
Ireland house price index, 2016–2025 (2016 = 100)
| Year | Index |
|---|---|
| 2016 | 100 |
| 2017 | 110.9 |
| 2018 | 122.2 |
| 2019 | 125.1 |
| 2020 | 125.5 |
| 2021 | 135.8 |
| 2022 | 152.6 |
| 2023 | 157.3 |
| 2024 | 170.6 |
| 2025 | 183.5 |
Rebased to 100 in 2016, the index stands at 183.5 in 2025. The series is in local currency, and the twelve-month numbers above show how much of that a dollar buyer actually keeps.
How this figure is built
The price figure for Ireland is built from asking prices from listings. It was last refreshed on 2026-10-15. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: Numbeo Ireland [https://www.numbeo.com/cost-of-living/country_result.jsp?country=Ireland&displayCurrency=USD]; Eurostat prc_hpi_a IE [https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/prc_hpi_a?format=JSON&purchase=TOTAL&unit=I15_A_AVG&geo=IE&sinceTimePeriod=2016&lang=en]; Eurostat prc_hpi_q RCH_A IE [https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/prc_hpi_q?format=JSON&purchase=TOTAL&unit=RCH_A&sinceTimePeriod=2025-Q3&lang=en&geo=IE]; FX api.frankfurter.dev; PwC Tax Summaries IE [https://taxsummaries.pwc.com/ireland/individual/taxes-on-personal-income]; GPG costs [https://www.globalpropertyguide.com/europe/ireland/taxes-and-costs]. Snapshot: 2026-10-15.
Related markets: Dublin