Dublin house prices up 80% since 2010

House prices have risen 80% in Dublin since 2010 according to new research.

The study conducted by Storage World Self Storage analysed house prices from 2010 until 2022.

Dublin came first with an 80% price increase over the years, from €332,941 to €598,906 marking a total rise of €265,955.

The growth is considerably higher than any other on the list, making Dublin almost a separate case compared to the other counties, the research noted.

Wicklow saw a 68% increase, with the average price in 2022 sitting at €494,460.

Aspiring house buyers are advised to look to Longford if they want to purchase an affordable house, with prices increasing by a modest 17% since 2010, with the average house setting you back €159,490.

 Ken Davis, Regional Manager for Storage World Self Storage said “it’s interesting yet worrying how much house prices have increased over the last 12 years in Dublin. It is understandable that the area is likely to see higher price increases when it comes to buying a house, however, an 80% increase since 2010 might be discouraging even for the capital.”

“This has a strong impact mostly on younger generations that may start to look to buy a home, however because of this increase, it’s not shocking to discover that many young adults do not think they’ll be able to afford their own house until much older.”