Kilkenny Home Prices Surge 5.9% in Q3 2025, Buyers Face Challenges

URGENT UPDATE: Kilkenny’s housing market is experiencing a significant surge, with the average asking price for homes rising by 5.9% between July and September 2025, according to the latest report from listings site Daft.ie. This increase comes amidst a national trend where housing prices rose by an average of 0.8% during the same period, raising concerns for potential buyers.

In Kilkenny, the average price for a three-bedroom semi-detached house has reached €309,000, marking an 8% increase compared to last year. For those seeking larger accommodations, a four-bedroom semi-detached home will set buyers back an average of €386,000, reflecting a 6% rise. These figures highlight the ongoing challenges in the housing market, despite Kilkenny’s prices remaining below the national average.

The report reveals that the average price of a three-bedroom semi-detached home in Leinster stands at €361,499, up 7.2% year-on-year. Nationally, prices have surged to just over €421,000, with listings now 5.9% higher than last year, indicating a 39% increase compared to pre-COVID levels and just 10% below the peak during the Celtic Tiger era.

Despite a slight easing of inflation compared to earlier this year, the situation remains precarious due to a significant lack of housing supply. As of September 1, 2025, there were only 11,925 second-hand homes available nationwide—a mere 1% increase from the previous year and less than half of the availability seen between 2015-2019.

Notably, regional variations in price increases show that Dublin experienced the lowest inflation at 4.5%, while Munster and other major cities saw increases of 5% and 5.8% respectively. In contrast, Leinster (excluding Dublin) saw a staggering 7.2% rise, and Connacht-Ulster (excluding Galway) reported an 8.7% increase.

Ronan Lyons, Professor of Economics at Trinity College Dublin, commented on the report, stating:

“Over the last two decades, the housing market experienced a wide variety of conditions. Nonetheless, for over half that span, the predominant theme has been a shortage of supply. There are some indications in this latest report that new homes are sustaining activity levels in the market, even though construction is still low compared to underlying need.”

Lyons emphasized the necessity for increased construction and a healthier second-hand market to create a more favorable housing environment in the future.

As the housing crisis continues to unfold, potential buyers in Kilkenny and beyond must navigate these rising costs and limited availability. With these latest developments, the urgency for effective solutions in the housing market has never been clearer.

Stay tuned for more updates as this story develops.