Average house price in ABC area tops £203,000

THE average house price in the Armagh, banbridge and Craigavon Council area is now £203,773, according to the latest figures.

In neighbouring Newr, Moune and Down its an eyatering £256,948.

According to the figures the Northern Ireland housing market continued on a strong footing through the second quarter of the year, with over 7,100 home sales across Northern Ireland between April and June. This is up 12% compared with the same period in 2024.

As well as more sales, residential properties in NI also reached ‘sale agreed’ four days faster than in the April to June period last year.

Price growth also strengthened, with the average house price in Northern Ireland increasing by 8.9% on an annual basis to just over £230,000.

Breaking the figures down by council area, Derry City & Strabane experienced the highest average price rise at 14.5% over the year.

In Armagh City, Banbridge and Craigavon there were 770 agreed sales in Q2 2025.

Average house prices in the council area increased between Q2 2024 and Q2 2025.

They were up 8% with the average house price in Armagh City, Banbridge and Craigavon being £203,773 in Q2 2025. 

Jordan Buchanan, Chief Executive Officer at PropertyPal, commented on the NI housing market: “Northern Ireland’s housing market continued to perform strongly through the second quarter of the year, with activity levels and price growth both ahead of long-term trends.

“There were approximately 7,100 newly agreed sales between April and June, which is around 3% above the long-run average.

“ Properties are also selling more quickly, with the average time to secure a buyer now just 38 days, down from 42 this time last year, and well below the longer-term average of 50 days.

“This strength is reflected in buyer activity across PropertyPal too, with search volumes up 12% year-on-year and enquiries per advertised property increasing by 3%.

“This sustained demand has contributed to continued growth in house prices, with the average home now valued at around £230,000, up 8.9% over the past 12 months.

“Price growth in Northern Ireland is the highest across all UK regions, with recent Nationwide figures showing a similar trend, in contrast to the more modest 2.9% growth across the wider UK market.

“While economic uncertainty and some softening in labour market conditions may temper momentum slightly, household finances remain in relatively good shape.

“ The Financial Conduct Authority’s recent plans to ease lending restrictions, alongside the prospect of further interest rate cuts later this year, should support affordability and help maintain activity in the months ahead.”