Average Wexford house price hits 315,000 as rents experience biggest surge in 25 years

The average house price in Wexford is about €315,000, up €30,000, while average monthly rent for a three-bedroom property is €1,585, up 7.2% in the first quarter of 2026. Central Statistics Office figures show the cost of a home rose 6.5% compared with March last year, down from 6.7% in the year to February. National residential property prices increased 6.5% annually for March, the lowest annual increase since 6.2% in February 2024. The median dwelling price purchased in the 12 months to March was €390,461. In March, 4,123 household dwelling purchases were filed with Revenue, totaling €1.8bn, including 1,664 first-time buyer purchases. Experts link easing growth to higher house completions, but warn price rises outpace wage increases and add pressure on buyers. The national property price index is 204.5, 25% above the April 2007 peak. Gorey is the most expensive Wexford Eircode area at about €350,000.

"The price of a home in Wexford remains high, with the average price of a house up to €315,000, an increase of €30,000, while the average monthly rent for a three-bedroom property stands at €1,585 an increase of 7.2pc in the first quarter of 2026."

"New figures from the Central Statistics Office show rises the cost of a home was up by 6.5pc when compared with March last year. This is down from the 6.7pc recorded in the year to February this year. The annual increase in residential property prices nationally of 6.5pc for March represents the lowest annual increase since the 6.2pc recorded in February 2024, the CSO said."

"The median, or typical, price of a dwelling purchased in the 12 months to March was €390,461. This is a rise of less than €500 on the median price in February. However, rises have been so strong over the last few years that the median price of a property across the country is now up by €235,000 since 2014. It was around that time that prices started to take off in the wake of the property collapse."

"Property experts said the rate of house price growth has eased over the last year due to an increase in house completions in recent months. If this continues it could mean that house price inflation will continue to ease, making homes more affordable. However, experts said property price rises are outstripping wage increases and putting pressure on buyers."

Read at Irish Independent