Roscommon House Prices

Roscommon House prices rise almost 16%

Roscommon House Prices

The rise in Roscommon House prices has continued with the average asking price now standing a €125,073 – that’s up 15.9% compared to this time last year.

The good news for anyone wishing to buy is that Roscommon House Prices remain among the lowest in the country, according to today’s Annual Asking Price Review from

A breakdown of the figures in the report shows that:

– The average asking price of a 1 Bedroom Apartment is €39,000 (Up 11.4% since this time last year but down €1,000 since September ’16).

– For a 2 Bed Terrace Houses the asking price is €49,000 (An increase of almost 20% since this time last year but down €1,000 since September ’16).

– A 3 Bed Semi-Detached House in Roscommon has a average asking price of €74,000 (An increase of almost 20% since this time last year).

– while the average price of a 4 Bedroom Bungalow is €145,000 (Up 11.2% since this time last year and €1,000 since September ’16).

– and the asking price for a 5 Bedroom detached is, on average, €163,000 (An increase of 5.4% since this time last year.)

The continued rate of increase in Asking Prices in Roscommon means that three counties have lower house prices. Longford is the least expensive, with an average asking price of €107,699. Leitrim is the second least expensive, at €118,175, closely followed by Sligo which has an average price of €120,687.

Among the other interesting points in the report were that:

Over half of all properties sell within four months

Just under half (48%) of all properties in the Connacht-Ulster Region find a buyer within four months

Prices further above asking

The average transaction price in Connacht-Ulster is now 7% above the original list price, compared to being equal to the list price this time last year.

Supply continues to level off

There were just 6,000 properties for sale in Connacht-Ulster at the end of 2016. This was the lowest since January 2007.

Roscommon leads local increases

Asking Prices of houses in all the counties in the Connacht-Ulster Region continue to rise year on year, the largest percentage increases are in Roscommon (15.9) and Mayo (14%).
Asking Prices in Roscommon have risen by an average of 36.5% since the lowest recorded level.