LATEST: Kilkenny house prices for third quarter of 2025 revealed

The average asking price for a home rose by 5.9% between July and September this year in comparison to the same time of 2024, the latest report from listings site Daft.ie has revealed.

Housing prices nationally rose by an average of 0.8% during the third quarter of 2025 with Kilkenny not immune to the growing challenges of the housing market despite still being below the national average.

The average price of a three-bedroom semi-detached house locally was €309,000 in Q3 of 2025, an 8% increase on the same period last year.

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Meanwhile, a four-bedroom semi-detached home in Kilkenny would cost a potential buyer an average of €386,000, an increase of 6%.

The average three-bedroom semi-detached homes in Leinster stood at an average cost price of €361,499 for Q3 of this year with prices on average 7.2% higher than a year ago.

Nationally, the average price of a three-bed semi-detached home in the third quarter was just over €421,000 with listed prices are now, on average, 5.9% higher than a year, 39% above their pre-covid levels and just 10% below their Celtic Tiger peak.

Furthermore, inflation has eased compared to the start of the year but remains well above inflation in the wider economy. As before, this is related to a significant lack of supply. On September 1st, there were a total of 11,925 second-hand homes for sale nationwide, up marginally (1%) on the same date a year previously. Nonetheless, availability is less than half the 2015-2019 average.

While prices were on average almost 6% higher than a year ago nationally, there were some notable differences, with the lowest inflation seen.

Once again in Dublin, where prices were 4.5% up year-on-year. Price increases in Munster (+5% annually) and across the four other major cities (+5.8% on average) were also below the national average, which was dragged up by substantially larger increases in Leinster (outside Dublin; +7.2% annually) and Connacht-Ulster (outside Galway; +8.7% on average).

Commenting on the report, its author Ronan Lyons, Professor in Economics at Trinity College Dublin, said: "Over the last two decades, the housing market experienced a wide variety of conditions. Nonetheless, for over half that span, the predominant theme has been a shortage of supply.

"There are some indications in this latest report that new homes are sustaining activity levels in the market, even though construction is still low compared to underlying need," he continued.

"More construction – and a healthier second-hand segment are the key ingredients needed if the story of the Irish housing market over the years to come is to be a happier one."

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