Tipperary house prices surge as supply struggles to keep pace with demand

The cost of a four-bedroom detached house in County Tipperary has risen to €414,000, according to the latest figures from Daft.ie. Prices in the county climbed by 8% over the past year, compared with a national average increase of 5.9% for a three-bedroom semi-detached home.

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Ronan Lyons, an economics professor at Trinity College Dublin, noted that detached four-bedroom houses account for the bulk of transactions in the county, making them a useful measure of local market conditions.

Although the pace of growth in Tipperary has slowed slightly, house prices there continue to rise faster than in much of the rest of Ireland. Most property types in the county are now priced about 8% higher than in 2024, a sign that demand continues to outstrip supply.

Fixing the imbalance will take more than quick fixes that boost demand. A central obstacle is infrastructure. In Nenagh, for instance, the town’s wastewater treatment plant is at capacity, stalling several planned housing developments. Similar constraints are reported in villages such as Ballycommon and Cloughjordan. Even when land is zoned and planning permission granted, inadequate water and sewer systems make projects unviable.

Delays to long-promised upgrades—Nenagh’s plant expansion has been in the works for years—have left local authorities warning that many towns and villages are being stifled by insufficient services. Until investment in water, sewerage and transport links matches the needs of a growing population, supply will remain constrained and prices will continue to outpace the national trend.

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