Property Price Index increased by 6.5% in the last 12 months, figures show

The National Residential Property Price Index (RPPI) has increased by 6.5% in the last 12 months, according to figures released by the Central Statistics Office (CSO).

In Dublin specifically, property prices rose by 5.7%. Property prices outside of the capital rose by 7.2% compared with March 2025.

Overall, property prices were down by 0.2% from March to February of 2026, from 6.7% to 6.5%.

The median price for a home that was purchased in the 12 months up to March 2026 was €390,461.

When it came to counties, Donegal and Longford were the cheapest to buy, with a median price of €200,000.

The highest median price was in Dún Laoghaire-Rathdown at €685,000.

In March, the CSO found that 4,123 dwellings were purchased by households and filed with the Revenue Commissioners, made up of 3,131 existing dwellings and 992 new dwellings.

There were also 1,664 first-time buyer purchases in March 2026.

Samantha Walsh, Statistician in the Prices Division of the CSO, said: “Residential property prices rose by 6.5% in the 12 months to March 2026, down from the 6.7% in the year to February 2026. In Dublin, residential property prices saw an increase of 5.7%, while residential property prices outside Dublin were 7.2% higher in March 2026 when compared with March 2025.

“The annual increase in residential property prices nationally of 6.5% for March 2026 represents the lowest annual increase since the 6.2% recorded in February 2024.

“In March 2026, 4,123 dwelling purchases by households at market prices were filed with the Revenue Commissioners, an increase of 14.0% when compared with the 3,617 purchases in March 2025.

“The total value of transactions filed in March 2026 was €1.80 billion. This was made up of 3,131 existing dwellings with a value of €1.32 billion, and 992 new dwellings with a value of €477.1 million.”