County Cork Property Market 2025 – Latest House Prices

County Cork property market update Q3 2025 – discover the latest house prices, supply and demand trends, and what they mean if you’re thinking of selling your home.

The latest Daft.ie House Price Report (Q3 2025) shows a market that continues to rise, with prices reaching record highs in many areas. Here in County Cork, we are seeing the same story on the ground – homes are selling strongly, but averages don’t tell the full picture.

If you’re a homeowner considering selling, here’s what the figures – and our local experience – mean for you.

County Cork House Prices 2025 – Record Highs in City and County

The report shows:

• Cork City: Average three-bed semi-detached home now costs €408,000, up 7.4% year-on-year, breaking the €400,000 barrier for the first time.
• Cork County: Average three-bed semi comes in at €327,000.
• Munster overall: Average price is €303,488, up 7.9% in the past year, and 64% above pre-Covid levels.
• Nationally: Average three-bed semi is €421,261, with transaction prices at €450,947 – 50% above pre-Covid and 91% higher than a decade ago.

Importantly, homes in Munster are now selling for 7–8.5% above their initial asking price, reflecting the intense competition between buyers.

Why Not Every Home in County Cork is Rising at the Same Rate

While averages provide a useful benchmark, the reality is more nuanced. On the ground, we’re seeing:

• Turnkey homes rising fastest – Modern, “move-in ready” properties are achieving premiums, often far exceeding their guide price.
• Coastal properties in high demand – These homes remain extremely sought-after, with buyers willing to pay well above asking to secure them.
• Homes needing work face caution – With renovation costs increasing, buyers are factoring this into offers. These properties can still sell, but not always at the same pace or premium as turnkey homes.

👉 The takeaway: your home’s true value depends on its location, condition, and presentation – not just the averages.

Limited Homes for Sale in County Cork – Supply Remains Tight

The supply of homes continues to shape the market:

• In Munster (outside cities), just 2,457 second-hand homes were listed for sale on 1st September, down 1% year-on-year.
• This is only 35% of the 2015–2019 average, when around 7,000 homes were typically on the market.
• Nationally, 11,925 second-hand homes were for sale, up just 1% year-on-year.

Buyer Demand in County Cork – Strong but More Selective

Buyer activity remains robust, but preferences are becoming more defined:

• Transaction prices in Munster: Up 3% on the last quarter and 7.9% higher than a year ago.
• Second-hand home sales: Down for the sixth quarter in a row (-4.2% YoY).
• New homes in Munster: Transactions up 14% year-on-year, more than double 2021 levels.

What This Means if You’re a Homeowner in County Cork

If you’re considering selling, here’s what to take from the current market:

• Average growth is not the full story – Your property’s condition, size, and location matter most.
• Presentation pays – Homes in top condition are achieving record-breaking results.
• Limited supply works in your favour – With fewer homes on the market, buyers have less choice, giving sellers more leverage.
• Demand is strong but selective – Properties that meet buyer expectations move quickly and often above asking.

FAQ – County Cork Property Market

Q: Are house prices in County Cork still rising?
A: Yes. Cork City homes have passed the €400,000 mark, with average growth of around 7–8% in the past year.

Q: Do all homes increase in value at the same rate?
A: No. Turnkey and coastal homes are rising fastest, while properties needing renovation are seeing more cautious offers.

Q: Is now a good time to sell in County Cork?
A: With demand strong, supply tight, and homes often selling above asking, many sellers are achieving excellent results.

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