The typical home for sale in Co Monaghan was advertised at €210,000 between July and September, 5% more than a year earlier, according to the latest MyHome Property Report, compiled in association with Bank of Ireland. But the figures for family homes tell a sharper story: the median asking price for a four-bedroom semi-detached house in the county climbed 9.8% over the year to €280,000.

The Monaghan figures

The report, covering the third quarter of 2026, breaks asking prices down county by county. For Monaghan it shows:

The figures are asking prices on homes listed on MyHome, not the final sale prices, which are recorded later on the Property Price Register.

Still one of the cheaper counties

Even after the rise, Monaghan remains among the least expensive places in the State to buy. Of the 26 counties in MyHome's county table, only Longford (€169,000) and Leitrim (€199,000) had a lower median asking price than Monaghan's €210,000.

Neighbouring counties are well ahead. Cavan's median rose 6.5% to €245,000, which the report describes as a fresh high, while Louth was at €275,000 and Donegal at €269,950 after an 8% rise. The report notes that price inflation "accelerated" in the Ulster counties during the quarter, at a time when it was slowing in much of the rest of the country.

The picture is different for larger houses. A four-bed semi in Monaghan, at a median of €280,000, is now dearer than one in Cavan (€232,500) and level with Donegal (€280,000). Monaghan's 9.8% annual rise for that type of house was also well ahead of the 3.3% recorded in Cavan. At the other end of the scale, a two-bed apartment in Monaghan, at €152,500, is cheaper than in Cavan (€170,000) or Louth (€196,500).

The national picture

Nationally, the report found that asking price inflation has slowed to 3.9%, its softest pace since the second quarter of 2023, RTÉ News reported. Outside Dublin prices were up 4.8% on the year, and the median asking price outside the capital was €349,000. Asking prices fell 1.4% across the country between the second and third quarters, which the report says often happens as the summer selling season ends.

There is also more choice for buyers. MyHome said 14,630 homes were listed on its site at the end of September, 12.5% more than a year earlier, while the national average time to go sale agreed edged up from 2.7 to 2.9 months.

Report author Conall MacCoille, chief economist at Bank of Ireland, said the findings signal "good news for homebuyers". "The rate of asking price inflation continues to slow, the number of properties for sale on MyHome is rising, and homebuilding has picked up," he said, according to RTÉ. He added that "affordability is clearly problematic for many homebuyers", with the median selling price nationally now 7.7 times average pay.

What it means locally

For Monaghan buyers, the numbers suggest that smaller homes and apartments have held fairly steady over the past year, while competition for larger family homes has pushed their asking prices up much faster. It comes as Monaghan County Council has adopted a revised County Development Plan with 84% more land zoned for housing, and as councillors push for more homes in fast-growing towns such as Carrickmacross.