Median price of a home in Ireland costs €280,000

The median price of a home in Ireland costs €280,000, according to new figures.

The Residential Property Price Index shows house prices nationally are up 14.8%, while property prices outside of Dublin were 16% higher in the year to January.

Wexford house prices increased an average 11 and a half per cent in the last six months of last year.

The biggest growth was seen in border counties, where prices hiked by 24.7%.

CEO of the Institute of Professional Auctioneers and Valuer, Patrick Davitt, says houses in these areas are catching up with the national average.

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