Kerry House Price Survey March 2026

The price of the average second-hand three-bed semi in county Kerry rose by 2.7pc to €385,000 in the last three months, according to according to the latest REA national survey.

Across the county, the average time taken to reach sale agreed was seven weeks, the Q1 REA Average House Price Index shows.

Average Killarney prices rose 1.2pc this quarter to €410,000, while Tralee prices rose 4.4pc to an average of €360,000.

“Landlords are continuing to sell, and the stock of rentals is now at an all-time low,” said Donal Culloty of REA Coyne and Culloty, Killarney.

“If the government does not reverse the rental policy and encourage small landlords back to buying-to-invest, then the stock of rentals will decline further.”

The survey shows that across the county, 65pc of purchasers were first-time buyers, while a total of 55pc of sales in the county this quarter were attributed to landlords leaving the market.

Additionally, the survey found A-rated BER properties in the county are commanding 5pc price increases in comparison to C-rated properties.

The REA Average House Price Index concentrates on the sale price of Ireland's typical stock home, the three-bed semi, giving an accurate picture of the second-hand property market in towns and cities countrywide.

The actual selling price of a three-bed, semi-detached house across the country rose by 1.5pc in the past three months to €364,747.

This represents a 7.67pc annual rise – slowing gradually from the 9pc increase registered six months ago.

With energy prices coming into focus, agents are reporting that there is a renewed focus on heating costs, with the A-rated v C-rated BER price premium rising to 13pc, up from 10pc at the end of December.

Actual selling prices in Dublin city rose by 1.6pc in the last three months, with the average three-bed semi in the capital’s postcode areas now selling at €595,453, a 6.6pc annual rise.

The percentage of first-time buyers purchasing in Dublin has dropped from 50pc to 39pc in the past six months, with agents citing a wait-and-see policy from buyers around the changes in rental legislation.

Selling prices in Ireland’s major cities outside Dublin rose by 1.2pc to an average of €378,250 – a 6.5pc annual increase, with homes selling in four weeks on average.

Homes in the country’s large towns rose by 2pc this quarter and 9pc annually to an average of €281,287, while prices in commuter counties rose by 1pc to €377,185.