Louth’s housing market sees steady growth as 1,892 new addresses added

Louth continued to experience steady growth in its residential property landscape throughout 2025, with 1,892 new residential address points added to the GeoDirectory database over the year. Construction activity remained strong, with 1,780 residential buildings classified as under construction in December 2025, reflecting sustained investment in the county’s housing stock.

The residential vacancy rate in Louth stood at 2.6% at the end of 2025, notably below the national average of 3.7%, indicating a relatively tight housing market. Over the twelve months to November 2025, a total of 1,535 residential property transactions were recorded in the county, with just under 40% involving newly built dwellings. The average residential property price in Louth reached €343,844 during this period, consistent with broader national trends of rising property values.

The report, prepared by EY, found that a total of 35,056 new residential address points were added to the GeoDirectory database nationally in 2025. Dublin accounted for the largest proportion of new residential address points with 11,966 new additions, followed by Cork (3,761), Kildare (3,107) Louth (1,892) and Meath (1,761).

Nationally, 27,931 new buildings under construction in the state in December, 25.5% higher than the same point in 2024.

The highest concentration of residential development activity in the State at the end of 2025 was in Dublin, where 5,046 buildings were under construction. Outside of the capital, construction levels were highest in Cork (3,668 buildings), Kildare (2,075 buildings), Louth (1,780 buildings) and Meath (1,703 buildings).

The residential vacancy rate in Louth in December 2025 was 2.6%, lower than the national average of 3.7%. The national residential vacancy rate remained at a record low of 3.7% in Q4 2025, decreasing by 0.1% from the same period in 2024. In total, 79,703 residential units in the State were classified as vacant by GeoDirectory at the end of last year.

The lowest residential vacancy rates were recorded in Dublin, where 1.2% of the overall housing stock was vacant. Kildare (1.7%), Waterford (2.0%), Meath (2.2%) and Carlow (2.4%) all recorded vacancy rates of below 2.5%.

Residential vacancies in December 2025 were highest in the west and north-west of the country. At 11.7%, Leitrim recorded the highest vacancy rate, followed by Mayo (10.3%), Roscommon (10.1%), Donegal (9.0%) and Sligo (8.5%).

A total of 19,438 derelict units were recorded in the State by GeoDirectory in Q4 2025, a 3.3% decrease compared to the previous year. 1.1% of these derelict buildings were recorded in Louth.

A total of 1,535 residential property transactions were recorded in Louth in the twelve months to November 2025, according to CSO data. 39.7% of these transactions involved new dwellings.

The average house price rose in all counties in the State between November 2024 and November 2025, with the national average house increasing by 6.6% to €427,937.

In Louth, the average residential property price was €343,844.  

Residential property prices were highest in Dublin (€588,649), Wicklow (€501,881) and Kildare (€443,164). These were the only three counties where the average house price exceeded the national average.

The lowest average house prices were recorded in Longford (€206,583), Donegal (€215,554) and Leitrim (€218,507), although the average residential property transaction in Leitrim increased by €28,562 (15%) during the period in question.

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Commenting on the findings of the latest GeoDirectory Residential Buildings Report, Dara Keogh, CEO of GeoDirectory said, “2025 saw an acceleration in residential construction activity nationally, which was over 25% higher than what was recorded in 2024. Delivering this new supply pipeline to the market in 2026 should be a priority for the sector, as low vacancy rates combined with increased demand continues to drive the average property price upwards.”

Simon MacAllister, Partner at EY said “The latest GeoDirectory report highlights the continued positive momentum in Ireland’s housing market. Construction activity strengthened considerably in the last quarter of 2025 compared with the same period in 2024, while vacancy rates continued to tighten, falling to 3.7% nationally and just 1.2% in Dublin. Looking ahead, a series of policy changes introduced last year have been welcomed by construction sector and it is hoped they will unlock further housing growth potential and spur additional commencements in 2026 and beyond.”