Mayo house prices rise by 13pc as the average three-bed home hits €256,000

The average price of a three-bedroom semi-detached home in County Mayo has risen to €256,000, representing an increase of 13.1pc over the past year.
Mayo recorded the sixth-highest increase nationwide for this type of property. Monaghan saw the sharpest growth, with prices up 22.2pc, followed by Leitrim at 17.3pc and Galway County at 15.9pc.
Across Connacht and Ulster, excluding Galway, the average price of a three-bedroom semi-detached home in the final quarter of 2025 stood at €246,000.
These figures come from Daft.ie’s Q4 2025 House Price Report, which has shown a continued price increase across the country.
Nationally, the median price of a newly built home in the year to December reached €375,000, up 10pc on the previous year.
In contrast, new-build homes in Mayo remain comparatively more affordable, with the median price standing at €220,000.
Across Connacht and Ulster, list prices are now 67pc higher than pre-Covid levels and just 4pc below the peak recorded during the Celtic Tiger era.
In the region, excluding Galway, list prices rose by an average of 11.6pc in 2025, almost double the rate of increase recorded in 2024.
While housing availability has increased slightly, supply remains severely constrained when compared with pre-pandemic levels.
On December 1, there were 2,340 second-hand homes for sale across Connacht and Ulster, excluding Galway City, an increase of 6pc on the previous year.
However, this figure represents just 35pc of the 2015 to 2019 average, when more than 6,600 homes would typically have been on the market at the same time.
Across Ireland as a whole, transaction prices rose by 7.4pc in 2025, compared with 8.7pc in 2024.
In Connacht and Ulster, excluding Galway City, transaction prices increased by 11.6pc in 2025, slightly below the 13.2pc rise recorded in 2024, but well above the 3.5pc increase seen in 2023.
The report also shows a modest increase in the number of homes changing hands. The volume of transactions across Connacht and Ulster, excluding Galway City, was 2.5pc higher in the third quarter of 2025 compared with the same period a year earlier. This growth was primarily driven by new homes.
In total, more than 1,900 market transactions took place across the region in the third quarter of 2025, up 2.5pc year-on-year.
Ronan Lyons, the author of the report, said that although there has been a “modest decline in the speed of increases, the housing market remains very tight.”
Mr Lyons added that Ireland would need to build over 60,000 homes annually for decades to tackle the housing deficit built up over the last generation and to meet new housing needs.
A snapshot of the Mayo property market, based on Daft.ie listings today, Friday, January 2, shows 457 properties for sale across County Mayo, excluding sites.
Of these, 176 are three-bedroom properties, with prices varying significantly. The most expensive three-bedroom home is located in Lislackagh, Swinford, and is listed at €269,000.
The most expensive property currently on the market in Mayo is a five-bedroom, four-bathroom home in Killadangan, Westport, with an asking price of €1.9m.
At the other end of the scale, the most affordable listing is a severely derelict one-bedroom, one-bathroom property in Bekan, Claremorris. It is priced at €45,000 and would require complete refurbishment.
This article has been funded by the Local Democracy Reporting Scheme.