Northern Ireland’s property market continues to show resilience, with house prices and rents both recording annual growth.
According to PropertyPal’s latest Q3 2026 Housing Market Update, the average property price in Northern Ireland is now £240,988—an annual increase of 3.6%. Properties are taking an average of 45 days to reach sale agreed, while 6,561 properties were agreed during the quarter. PropertyPal
Mid Ulster recorded the strongest annual house price growth at 10.5%, followed by Fermanagh and Omagh at 7.6% and Derry and Strabane at 6.7%.
The rental market remains highly competitive. Average monthly rent has increased by 3.6% to £1,023, with an average of 67 enquiries per rental property. Houses are also letting faster than apartments, typically taking around 29 days. PropertyPal
For sellers, strong demand means there are still opportunities to achieve a good result with the right pricing and presentation. Buyers should seek professional advice early, particularly as mortgage costs and wider economic conditions continue to change.
Whether you are considering selling, buying, letting or investing, our team can help you understand what the current market means for you.
Reeds Rains Emarketing Executive
