In 2024, 57,212 acres of agricultural land were sold nationally, a decrease of 8.9% on the 62,823 acres sold in 2023.
The median price per acre was €9,988 in 2024, 10.3% higher than in 2023 when it was €9,053.
Arable land commanded a considerably higher median price per acre of €17,898 in 2024, 9.4% above the value of €16,362 achieved in 2023.
Dublin and the South-East were the most expensive regions to buy agricultural land, with median prices per acre of €24,125 and €14,991 respectively.
The highest volume of agricultural land, 12,782 acres, was sold in the West region.
In 2024, 57,212 acres of agricultural land were sold in Ireland at the median price of €9,988 per acre. The mean transaction size was 17.4 acres. A total of 3,289 acres (5.7%) were arable land, which commanded a significantly higher median price of €17,898 per acre. The remaining 53,924 acres (94.3%) of agricultural land, sold at the median price of €9,623, were permanent grassland (See Table 1.1 and Figure 1.1).
The total value of sales amounted to €555.9 million, an increase of 0.3% on the €554.0 million recorded in 2023. Arable land accounted for €67.5 million (12.1%), while €488.4 million (87.9%) was spent on purchases of permanent grassland (See Figure 1.2).
The median price is calculated by ordering the transactions in order of the price per acre and taking the mid-point, so that half of the transactions are made at a price above the median and half at a price below it. The mean price is calculated as a ratio of the total value to the total volume of land sold.
Neither mean, nor median price is suitable for measuring evolution between time periods, as the mix of the agricultural land sold in different periods can change over time.
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Statistician's Comment
The Central Statistics Office (CSO) has today (31 October 2025) published Agricultural Land Prices 2024.
Commenting on the release, Niall Corkery, Statistician in the Prices Division, said: “In 2024, 57,212 acres of agricultural land were sold nationally, a decrease of 8.9% on the 62,823 acres sold in 2023, and down 8.1% on the 62,274 acres sold in 2022. The median price per acre was €9,988 in 2024, 10.3% higher than in 2023 when it was €9,053. Arable land commanded a significantly higher median price of €17,898 per acre than permanent grassland at €9,623.
Purchasers in Dublin and the South-East (Carlow, Kilkenny, Waterford, and Wexford) regions paid the highest median price per acre of €24,125 and €14,991 respectively. Agricultural land was most affordable in the West (Galway, Mayo, and Roscommon) region where the median price was €7,027 per acre.
The volume of sales was highest in the West region, where 12,782 acres of agricultural land changed hands. This compares with 475 acres sold in the Dublin region and with 4,517 acres in the South-East region.”