Mon. Oct 5th, 2026

House price inflation climbing in Limerick City and Munster region

ByRowan Kelly

2 October 2026
Listed prices in the city are double the national averageListed prices in the city are double the national average. Photo: Unsplash

Listed prices in the city are double the national average, according to a new report. 

House price inflation remains strong in Limerick City, with homes listed at an average of 6% higher than this time last year.  

That’s according to a new report from Daft.ie, which examines list prices year-on-year to September 2026.  

The sales report for Q3, written by Trinity College Dublin economist Ronan Lyons, says inflation for the Munster city is now double the national average of 3%.  

A semi-detached three-bed property in the city now carries an average list price of €376,000, up over 5% in 12 months.  

The greatest rate of inflation can be seen in the list price of a terraced four-bed home, now averaging €384,000 (up 21% in since September of last year).  

This growth represents the largest percentile increase across the four major cities (excluding Dublin).  

In what is already a squeezed market, just shy of 1,150 second-hand homes were actively for sale in Limerick, Cork, Galway and Waterford on September 1, 2026.  

In the wider Limerick area, average list prices for all property types are on the rise. A semi-detached three-bedroom home could cost around €302,000 (up 9% since the same time last year).  

Detached five-bedroom properties saw the largest percentile increase outside of the city, rising by 19% to an average of €527,000.  

In Clare, Cork and Tipperary, all property types (bar one – detached four-bed homes in the Banner County) have seen average list prices climb higher.  

Despite the rate of inflation, both in Limerick City and the Munster region, Ronan Lyons says that nationally it does seem prices are easing.  

“The clearest message from the third quarter is that house price inflation is easing – visible in both list prices and transaction prices. A year ago, the typical home ultimately sold for 6.8% more than the initial list price. Now, with list prices rising faster than sale prices, that ‘market heat’ measure has fallen to 2.6%.”