Mayo property prices rise by €25,000 in one year

PROPERTY prices in Mayo have risen by €25,000 in the last year, according to the latest MyHome Property Price Report.

The report for Q2 2026, in association with Bank of Ireland, shows that the median asking price for a property in the county is now €225,000. That means prices have risen €10,000 over the quarter.

Asking prices for a 3-bed semi-detached house in the county rose by €22,500 in the last year to €200,000. This means prices rose €10,000 over the quarter.

Meanwhile, the asking price for a 4-bed semi-detached house in Mayo rose €30,000 in the last year to €265,000. This price rose by €10,000 over the quarter.

There were 525 properties for sale in Mayo at the end of Q2 2026 - an increase of 21% over the quarter.

The average time for a property to go sale agreed in the county after being placed up for sale now stands at almost three months.

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Joanne Geary, managing director of MyHome, said: “The rise in asking prices is tough news for prospective homebuyers, however we are seeing very positive signs on supply. The number of properties for sale on MyHome has jumped by 20% in the last quarter to just over 14,000 properties, which should ease the fierce competition in the market.

“Overall, the first-time buyers’ market is still driving activity in the market, with the median mortgage and property value among this cohort rising by a third in the last five years.

“Demand remains very strong, but the recent increase in interest rates along with rising inflation will mean affordability may become more stretched.”