Another report shows rise in Donegal house prices

Property prices are on the rise once again, with 2023 seeing an annual jump of over 4% nationwide.

The latest MyHome.ie report shows the average cost of a home in Donegal is up 13.5% year on year to €210,000.

The cost of a 3 bed semi detached property in the county has increased 20.7% with the median asking price in the last quarter of 2023, €172,000.

However, there has been a noted drop in the asking price of a two bed apartment in Donegal to €107,500 – down 2.2%.

The price of a 4 bed semi detached house is down 0.76% to €195,000.

In December, houses nationally sold for an average of 4% over their asking price.

Chief Economist with Bank of Ireland Conall MacCoille believes the trend is likely to continue this year:

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