House prices in Mayo rise 7.1 per cent over the last year

AS house price inflation eases nationally, it remains more than double the national average in County Mayo.

In Mayo, listed house prices in the third quarter of 2026 were on average 7.1% higher than a year ago. The typical price of a four-bedroom detached house listed in the county was €378,000.

The average list price nationally rose by 3% in the year to September 2026, roughly half the rate of inflation seen a year ago, according to the latest Daft.ie Sales Report released today by Ireland’s largest property website, Daft.ie.

Nationally, the average list price across all property types in the third quarter of the year was just under €445,000. List prices are now, on average, 44% above their pre-Covid levels and 7.5% below their Celtic Tiger peak.

Analysis of transactions registered in the Property Price Register and matched to the Daft.ie database suggests that prices rose by just 0.8% in the year to September – the slowest rate of increase since 2020. With list prices now rising faster than transaction prices, the typical gap between the initial listed price and the ultimate transaction price – a measure of market heat – narrowed to 2.6% nationally, down from 6.8% a year earlier and the smallest gap since 2023.

The slowdown in housing price inflation is most noticeable in and around the capital. In Dublin, list prices in September were 2.7% higher than a year ago, while in Leinster (outside Dublin), the rate of increase was 2.1%. Across the other major cities, the increase in the year to September was just under 6% in Cork, Galway and Limerick cities but 11% in Waterford. Munster (ex-cities; 4.6%) and Connacht-Ulster (ex-Galway; 3.6%) also saw larger percentage increases.

The softening in price pressures nationally appears to reflect weaker demand rather than stronger supply. On September 1, there were just under 13,800 second-hand homes for sale nationwide, up 12.5% on a year ago - although still only around half the pre-pandemic average of over 26,000.

The flow of second-hand homes on to the market has not changed: just under 52,700 second-hand homes were listed in the year to August, the same as in each of the previous two years. But the number of listings leaving the market fell by 3%, meaning homes are staying on the market for longer.

Transaction volumes tell a similar story: in the year to June, sales of second-hand homes fell by 1%, while sales of new homes rose by 13%.

The full report is available here.