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Slight monthly drop in Drogheda house prices, new RRP figures show

Dundalk
Anne Street, Dundalk. Photo Credit: Adrian Crawley.

The average house price in Drogheda dropped slightly month-on-month between November and December, despite small increases across the board elsewhere around the country.

The new Residential Property Price Index figures for December 2019 show the median price in the area, determined by Eircode, to be €244, 250 – representing a decrease of €1,500 from November. Year-on-year, there has been virtually no change in the median house price in Drogheda, with the cost at the end of December 2018 calculated to be €245,000.

The figures, published monthly by the Central Statistics Office, also reveal that house prices in the Dundalk area have seen a 5% drop in the last twelve months, from €210,000 in November 2018 to €200,000 in November last year. That figure went up again slightly to €200,500 in December in the  A91 postcode region.

House prices in Dundalk, with the town positioned on the M1 corridor, are by far the highest among areas surveyed along the border region. The next highest median cost of a home found by the CSO was in the Monaghan area with houses now averaging €149,250.

As of December 2019, Blackrock in Dublin remains the costliest place to buy a home in Ireland with the median price at €612,500 – down 1.2% from €620,000 12 months previously.

Outside of Dublin, Greystones is the area with the highest median price of purchasing a home. The cost there is €429,999.

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