THE asking price for a house in Limerick now stands between €280,000 and €285,000 – a rise of €17,000 on the price of a three-bed semi-detached home in one year.
Overall, property prices in Limerick have risen by €5,000 in the last year, according to the latest MyHome Property Price Report.
The report, for Q1 2026, in association with Bank of Ireland, shows median asking prices for a property in the county at €280,000.
Asking prices for a three-bed semi-detached house in the county rose by €17,000 in the last year to €285,000. This means prices rose by €5,000 over the quarter.
Meanwhile, the asking price for a four-bed semi-detached home in Limerick rose by €10,000 in the last year to €350,000. This price stayed flat over the quarter.
There were 300 properties for sale in Limerick at the end of Q1 2026 – a decrease of 20 per cent over the quarter.
The average time for a property to go sale agreed in the county after being placed up for sale now stands at just under three months.
The author of the report, Conall MacCoille, chief economist at Bank of Ireland, said: “This quarter’s MyHome Report shows that asking prices (nationally) rose by 1one per cent in Q1 2026, a relatively sedate rise ahead of the summer trading season. Hence, the annual rate of inflation slowed again, to 4.7 per cent in Q1 2026, down for a fifth consecutive quarter from the 8.4 per cent peak at end-2024.”
“While this slowdown is evident in the mortgage market – particularly among first-time buyers – competition among buyers is still intense, with the median transaction price still seven per cent over the original asking price and the median property taking just one month to go sale agreed.
“A notable feature of the Irish housing market in 2026 will be elevated numbers of small landlords in the private rented sector leaving that market and selling their properties – the catalyst being new stricter regulations and the introduction of six-year minimum tenancies.”
Residential Tenancies Board (RTB) data show there were 10,612 notices-of-termination received in the second half of 2025, up almost 40 per cent on the year before.