Understanding the recent change in property prices in Dublin

In Dublin, a home sold for a median of €500,000 over the twelve months to July 2026: this is the median price paid by households in the county, according to the Irish statistics office (CSO). For Ireland as a whole, the median is €399,999. Dublin prices are still rising, by 4.4% over one year, but more slowly than elsewhere in the country (6.4%), and the rise has been slowing since 2024.

This page traces how prices in Dublin have moved since the 2007 peak, shows the gaps between areas of the county, and summarises what the most recent indicators say about what comes next. All figures come from Irish public statistics or from the latest report by the Daft.ie portal.

From the 2007 bubble to a new record

The crash: a fall of nearly 60%

The CSO price index starts in 2005. In Dublin, it peaks in February 2007, at the end of the period known as the Celtic Tiger. It then falls until February 2012: according to the CSO monthly series, the Dublin index loses around 60% of its value (from 160.0 to 64.6, base 100 in 2015). Apartments were hit hardest, with a fall of around 65% between February 2007 and June 2012.

The recovery since 2012

Since that low point, prices in Dublin have risen by 175.7%. They are now 11.3% above their February 2007 peak. The rise has not been steady. Here is the twelve-month change in the Dublin index, measured each July:

• 2020: -1.4%, during the pandemic;
• 2021: +8.1%;
• 2022: +10.7%;
• 2023: -1.3%, after the rise in interest rates;
• 2024: +10.4%;
• 2025: +5.9%;
• 2026: +4.4%.

The recent movement is therefore a slowdown, not a fall: the national annual rise of 5.5% in July 2026 is the weakest since January 2024, according to the CSO.

Prices by area of County Dublin

County Dublin has four local authorities, with very different markets. The CSO publishes twelve-month medians and indices by property type.

Dún Laoghaire-Rathdown, the most expensive

In the south of the county, along the coast, Dún Laoghaire-Rathdown has the highest median in the country: €684,411 over the twelve months to July 2026. It is also where house prices rose the most over one year in Dublin, by 6.0%. The A94 postcode (Blackrock) holds the national record there, with a median of €850,500.

Dublin City, the centre

Dublin city proper, which takes in the centre and the districts on both banks of the Liffey, has the lowest median in the county: €475,000. The figure is partly explained by the share of apartments in sales. House price growth there was the weakest in the county over one year, at 2.3%. The D14 code (Dublin 14, in the south) is among the most expensive in the country with a median of €755,000, while D17 (Dublin 17, in the north) is the cheapest in the county, at €335,000.

Fingal and South Dublin, the outskirts

In the north, Fingal runs from coastal towns to rural areas: the A41 code (Ballyboughal) recorded a median of €850,000, the second highest in the country, on a small number of sales. In the south-west, South Dublin is more residential. Over one year, house prices rose by 3.8% in Fingal and 2.9% in South Dublin, according to the CSO series.

Houses and apartments

Over the twelve months to July 2026, Dublin apartments gained 6.8%, against 3.7% for houses. The apartment index has, however, only roughly returned to its 2007 level, while the house index is well above it. The CSO reminds readers that a median depends on the mix of properties sold: it gives an order of magnitude for a budget, but the index remains the measure to follow for price changes.