406 new residential buildings were under construction in Monaghan in June 2025 according to the latest GeoDirectory Residential Buildings Report.
A total of 216 new residential address points were recorded in Monaghan the twelve months to June 2025.
In Monaghan, the residential vacancy rate in Q2 2025 was 4.5%. The lowest vacancy rates in the country were recorded in Dublin (1.1%), Kildare (1.6%), Waterford (2.1%) and Carlow (2.5%), while the highest residential vacancy rates continue to be found along the North and West coast. Leitrim, at 11.9% was the county with the highest vacancy rate, along with Mayo (10.6%), Roscommon (10.1%), Donegal (9.0%) and Sligo (8.4%).
Meanwhile, the average house price in Monaghan was €230,844 in June 2025.
Annette Hughes, Director at EY Economic Advisory, said, "The latest GeoDirectory data finds that vacancy rates have fallen in 17 counties and there has been a 2.9% drop in derelict properties nationally, reflecting a broader trend of improved utilisation of existing stock as more homes are being brought back into use. Data on the number of residential buildings under construction is also positive and looking ahead, continued collaboration between public and private sectors will be important to sustaining momentum on housing supply."
