New homes across Ireland are selling for a median of €85,000 more than existing homes.
That’s according to a new study from Geowox, which found that the median price for a new build in Ireland in Q3 2026 was €460,000 – some 23% more than the median price of second-hand or existing homes at €375,000.
The new data comes amid an increase in the number of new homes for sale. There were 3,432 new homes sold between July and September, a rise of more than 9% on the same period last year.
Recent CSO figures also revealed that new dwelling completions increased by 10.6% throughout Ireland in the first nine months of 2026.
The data from Geowox, which mines data from the Property Price Register, also showed that sales of existing homes fell by 2.2% in the three months to September as higher mortgage costs and stretched affordability weighed on demand.
There were 14,787 homes sold (3,432 of them new) between July and the end of September this year, according to the findings.
Total sales were up marginally by 0.3% compared with the third quarter last year but this was driven largely by sales of new homes which rose by 9.4%.
The median or middle price paid for a home in Ireland in the third quarter was €406,000, up 5.2% on the same quarter last year.
In Dublin, the median price was €550,000 (up 1.3%). The median price paid for an apartment in the capital was €407,000 (up 2.8%).
Outside Dublin, the median price was €360,000, up 5.6%. Amongst the main towns with at least 30 sales, Dublin city and suburbs (€570,000) and Naas (€518,000) had the highest median house prices while Wexford was the most affordable at €270,000.
In Dublin, Dublin 6 (€815,000), Dublin 14 (€790,000) and Dublin 4 (€750,000) were the most expensive postcodes, and Dublin 10 the most affordable at €339,000.
Comparing the same kinds of home in the same areas a year apart, prices nationally were up 4.9%. This compares to like-for-like growth of 7.2% in the third quarter last year.
The report also found that homebuyers paid on average 26% more for energy-efficient homes. The median sales price achieved for homes with a top Building Energy Rating (BER) of between A and B was €466,000. This represented a €96,000 or 25.9% premium over the €370,000 paid for homes rated C-G. The comparison leaves out new homes.
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