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The figures side by side

MeasureMayo
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes15%
Payment, one income30%
Buy or rent
Rent per month€1,117
Owning per month€1,042
New homes
Permitted, 12 months810
Per 1,000 residents5.9
Past cycles
Deepest fall−43.6%
Recovery from the low81 months
Empty homes
Empty, 2022 census21.8%
Empty homes14,909

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

Every report

Affordability

  • Mayo

    At the average sale price, a home costs €270,868. With 10% down and a 30-year mortgage, the payment is €1,088 a month. Ireland sets no cap on the payment; the Central Bank limits most mortgages to four times gross income for first-time buyers and 3.5 times for others.

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Buy or rent

  • Mayo

    Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average rent of the tenancies registered with the RTB in the year. Repaying the loan is saving, so it is left out.

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New homes

  • Mayo

    64.0% more homes were granted planning permission in the last 12 months than in an average year of the past decade.

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Past cycles

  • Mayo

    Sale prices have fallen by 3% or more 5 times since 2010. The deepest began in Q1 2010.

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Empty homes

  • Mayo

    21.8% of the 68,282 homes counted in the 2022 census were unoccupied: vacant, or holiday homes.

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