The Owen Reilly Report 2026.

Dublin Property Market – 2025 Recap & 2026 Outlook

2025 was another strong year for the Dublin property market, with average values across our core areas rising by 8%, up from 7% in 2024. Demand remained robust, especially below €500,000, where first-time buyers dominated and bidding wars were common—on average, homes sold for 10% above asking.

That said, performance was mixed. The top end of the South Dublin market saw a slowdown, particularly for properties needing major renovation. Investor activity also hit a low, accounting for just 12% of buyers—reflecting ongoing regulatory pressure.

The lettings market remained critically undersupplied. 62% of our sellers were landlords exiting the market, contributing to a 27% drop in rental transactions year-on-year. Rents rose by 4%, with our average monthly rent reaching €2,855.

Looking ahead to 2026, we expect more moderate price growth, driven by first-time buyers and continued demand for high-quality family homes. However, affordability concerns and possibly higher interest rates may cool the upper tiers. The rental crisis will deepen unless supply improves, with landlord exits continuing and policy solutions still lacking.

Download our transaction report below.