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Irish Mirror
Irish Mirror
National
Anita McSorley

Ireland house prices: The salary needed to buy a home in each county amid surprising new Daft data

Property website Daft.ie has published its latest Ireland House Price report, which shows that the cost of homes barely rose at all in the last few months.

The average listed price nationwide between June and September of this year was €311,514 - up 0.1% on the average for the second quarter of the year, according to the report.

It also revealed the number of homes available to buy on September 1 stood at nearly 15,500, which is up 22% on the same date last year and the highest total nationally in almost two years.

READ MORE: Leo Varadkar says everyone to get 'significant' cash boost that will be in their pockets in weeks

The data has taken some people, who expected house prices to continue rocketing and supply to dwindle further, by surprise.

The report looked at the average listing price for homes in every county in Ireland between June and September of this year - with the costs varying greatly depending on location.

It ranges from a reasonable €175,296 in Leitrim to an eye-watering €412,332 in Wicklow.

While the data notes that listing prices barely rose between Q2 and Q3 of this year, the cost of homes in every single county is substantially more than what it was during the same time last year.

Using the latest figures from the Daft House Price Report Q3 2022, we looked at what salary you would need to qualify for a mortgage on the listing price of a home in every county in Ireland.

We based the figures on the normal maximum mortgage level which is capped at 3.5 times your gross annual salary.

Central Bank deposit rules also require a 10% deposit for first time buyers.

Carlow

Average list price: €249,410

Up 9.5% on last year

Deposit needed: €24,941

Salary needed: €64,134

Cavan

Average list price: €200,189

Up 10.5% on last year

Deposit needed: €20,018

Salary needed: €51,477

Clare

Average list price: €239,129

Up 8.6% on last year

Deposit needed: €23,912

Salary needed: €61,490

Cork

Average list price: €274,946

Up 5.6% on last year

Deposit needed: €27,494

Salary needed: €70,700

Donegal

Average list price: €200,095

Up 16.8% on last year

Deposit needed: €20,009

Salary needed: €51,453

Dublin

Average list price: €427,158

Up 6.4% on last year

Deposit needed: €42,715

Salary needed: €109,840

Galway

Average list price: €258,803

Up 10.3% on last year

Deposit needed: €25,880

Salary needed: €66,549

Kerry

Average list price: €257,197

Up 11.1% on last year

Deposit needed: €25,719

Salary needed: €66,136

Kildare

Average list price: €326,383

Up 5.8% on last year

Deposit needed: €32,638

Salary needed: €83,927

Kilkenny

Average list price: €284,547

Up 7.7% on last year

Deposit needed: €28,454

Salary needed: €73,169

Laois

Average list price: €238,984

Up 10.5% on last year

Deposit needed: €23,898

Salary needed: €61,453

Leitrim

Average list price: €175,296

Up 13.8%% on last year

Deposit needed: €17,529

Salary needed: €45,076

Limerick

Average list price: €235,376

Up 8.1% on last year

Deposit needed: €23,537

Salary needed: €60,525

Longford

Average list price: €182,331

Up 8.1% on last year

Deposit needed: €18,233

Salary needed: €46,885

Louth

Average list price: €269,045

Up 7% on last year

Deposit needed: €26,904

Salary needed: €69,183

Mayo

Average list price: €200,087

Up 10.5% on last year

Deposit needed: €20,008

Salary needed: €51,451

Meath

Average list price: €318,596

Up 5.4% on last year

Deposit needed: €31,859

Salary needed: €81,924

Monaghan

Average list price: €219,301

Up 6.9% on last year

Deposit needed: €21,930

Salary needed: €56,391

Offaly

Average list price: €242,160

Up 8.5% on last year

Deposit needed: €24,216

Salary needed: €62,269

Roscommon

Average list price: €191,090

Up 14.4% on last year

Deposit needed: €19,109

Salary needed: €49,137

Sligo

Average list price: €189,779

Up 12.6% on last year

Deposit needed: €18,977

Salary needed: €48,800

Tipperary

Average list price: €225,771

Up 7.3% on last year

Deposit needed: €22,577

Salary needed: €58,055

Waterford

Average list price: €297,823

Up 9.5% on last year

Deposit needed: €29,782

Salary needed: €76,583

Westmeath

Average list price: €261,852

Up 8% on last year

Deposit needed: €26,185

Salary needed: €67,333

Wexford

Average list price: €279,579

Up 10.6% on last year

Deposit needed: €27,957

Salary needed: €71,892

Wicklow

Average list price: €414,332

Up 8.4% on last year

Deposit needed: €41,433

Salary needed: €106,542

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