Mixed news for Tipperary house prices amid €30,000 increase on last year

Property prices in Tipperary have fallen during the first quarter of this year, the latest figures from the MyHome.ie Property Price Report have shown.

Median asking prices across the county fell by €7,500 during the quarter, with the median asking price in Tipperary now standing at €212,500.

Despite the fall during Q1 of 2025, median asking prices are up by €2,500 on the same time last year.

According to the report, carried out in association with Bank of Ireland, asking prices for a three-bedroom semi detached home in Tipperary rose by €4,000 across the quarter, now standing at €199,000.

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Meanwhile, the asking price for a four-bedroom semi detached house in Tipperary also saw an increase, with the average price now standing at €230,000, up €2,500 in Q1.

The asking price for a four-bed semi was up €30,050 on the same period last year.

The number of properties for sale in Tipperary over the quarter remains a concern, with a 10% decrease in properties listed in Q1, with just 315 properties listed countywide during the first three months of the year.

The average time for a property to go sale agreed in the county after being placed up for sale now stands at almost four and a half months.

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The author of the report, Conall MacCoille, Chief Economist at Bank of Ireland, said that low supply was still driving issues within the market.

"Record low supply and continued surging demand are still driving the property market, but the risk here is that Ireland’s relatively thin, illiquid housing market, reliant on those at the top of the income distribution could be exposed to a sudden negative economic shock, such as the risk of a US-EU tariff war, especially if it were to disproportionately hit employment in the high-paid multinational sector."

Mr MacCoille continued by saying that in the absence of a trade war, all signs in the property market point to further growth.

"The average mortgage approval was €318,400 in January, up 7% on 2024 – pointing to further price gains, while the extent of the tightening housing market is still striking. 

"At end-March, just 10,800 homes were listed for sale on MyHome, a fresh record low. Just one in every two hundred homes in Ireland is currently listed for sale," Mr MacCoille said.