Cork house prices set to increase 4% this year

Average three-bed semi-detached home in Cork city now costs €370,000, new research shows

Across Cork County, the average price of a three-bed semi-detached home increased by 2% in 2023, totalling €222,500 in December, up from €217,500 in the same period one year ago. 

Continued strong demand for housing has seen the price of a three-bed semi-detached home in Cork city rise by 4% in the past year, now costing an average of €370,000 as supply struggles to keep pace. 

Up from €355,000 in December 2022, a new survey conducted by Real Estate Alliance found that prices across both Cork city and county are expected to rise by a further 4% in the next twelve months as housing demand continues to outstrip supply.