REVEALED: Carlow vacancy rate was 2.5% which is lower than national average at 3.8%

The residential vacancy rate was 2.5% in Carlow Q4 2024 according to the latest GeoDirectory Residential Buildings Report. This was lower than the national average of 3.8%.

The highest vacancy rates in the country can be found in the west of Ireland with Leitrim (11.8%), Mayo (10.6%), Roscommon (10.3%), Donegal (9.0%) and Sligo (8.2%) recording the largest proportions of vacant residential properties. At the other end of the scale, the lowest vacancy rates were found in Dublin (1.2%), Kildare (1.5%), Waterford (2.1%) and Carlow (2.5%).

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New Address Points

323 new residential address points were added to the GeoDirectory database in Carlow throughout 2024. Nationally 34,686 new address points were recorded last year. The highest proportion of new address points was in Dublin, representing 38.1% of the overall total, followed by Cork (10.8%), Meath (5.7%) and Kildare (4.7%).

Construction Data

There were 321 buildings under construction in the County in December 2024.

Nationally, the largest share of buildings under construction were in Dublin at 18.7% (4,162 buildings). Cork (3,002), Kildare (1,438), Meath (1,312), Louth (1,141) and Galway (1,126) were the other counties with over a thousand buildings under construction at the end of last year.

Construction activity was weakest in Longford where only 85 buildings were under construction, followed by Leitrim (121) and Roscommon (162).

Derelict Property Data

20,092 residential address points across the State were classified as derelict in Q4 2024, with 0.9% of these properties located in Carlow. The highest concentration of derelict properties was recorded in Mayo (14.0%), followed by Donegal (11.6%) and Galway (8.8%).

Residential Property Transactions

The average residential property price in Carlow was €257,778 in the twelve months between November 2023 and November 2024. Prices increased in all 26 counties in the State.

The highest property price was in Dublin, with an average of €565,351. Wicklow (€488,829) and Kildare (€412,839) were the only other counties in which the average property price exceeded the national average.

The lowest average prices were recorded in Leitrim (€190,000), Longford (€196,532) and Roscommon (€205,333).