House prices double in eight years as average Cork city home costs almost €300k

Only a third of buyers in September were first-time buyers, with more than half being former owner-occupiers. File photo: Sam Boal/RollingNews.ie

Property prices across the country have more than doubled since 2013, with the average price of a property sold within Cork city now just under €300,000, according to the Central Statistics Office.

The CSO said that residential property prices rose 12.4% nationally in the 12 months to September 2021, with over 4,300 dwellings purchased in the month of September.