Castlerea homes are Ireland’s second cheapest

Castlerea in Roscommon remains one of the least expensive areas in the country in which to buy house, according to a new report published today.

The west-Roscommon Eircode area was the second least expensive area in all of Ireland for household-dwelling purchases, with a price of €72,250.

Only Clones in Monaghan was cheaper, with a median price of €66,000.

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The median price for a property in Boyle, according to the Central Statistics Office, was €85,000, while Carrick-on-Shannon was €100,000

Roscommon’s median price was €125,000 and Longford’s was €100,000

Overall, property prices increased by 5.6 per cent nationally in the year to January.

In Dublin, house prices rose by 2.3 per cent and apartments by 1.6 per cent, with the highest growth in South Dublin, at 4 per cent.

Outside of the capital, the cost of a home increased by almost 10 per cent in the 12 months to January.

The midwest saw the largest rise in property prices at 16.5 per cent, while the smallest rise was in the mideast, at just over 5 per cent.