House prices across Cavan and Monaghan are higher in the second quarter of 2025, than the same period last year, according to the latest Daft.ie House Price Report.
In Cavan, prices in the second quarter of 2025 were 6% higher than the same time in the previous year, this compares to the 9% rise seen in the 12 months to March 2024.
The average price of a home in Cavan is now €237,000, that is 51% above the level seen at the start of the covid19 pandemic.
Prices in Monaghan were 2% higher in quarter two of this year compared to the same period in 2024, a rise of 10% was seen in the 12 months to March 2024
The average price of a home is now €245,000, 38% above the level seen at the start of the covid19 pandemic.
Nationally, housing prices rose by an average of 3% during the second quarter of 2025.
Economist Ronan Lyons spoke on the Joe Finnegan show about the report and the future.
"So there were 51,000 homes listed between last June and May just gone. And that's down slightly from the 51,500 that were listed in the previous 12 months. If there's any signs of improvement, what should that number be? For example, if it's about 50,000 now, it probably should be about 70,000. If there's any signs of improvement at the moment, they're only happening in Dublin. There's been an increase in the total amount of homes being listed for sale in Dublin. It's pretty modest, it's pretty early, but usually what happens in Dublin then filters into the rest of the market somehow with a lag. So fingers crossed in three or six months time, you and I might be having a conversation where we're talking about that volume of homes coming onto the second hand market increasing. That wouldn't be the solution overnight to all our problems, but at least it would be easing the pressure a little bit."
