Roscommon vacancy rate remains high despite new-builds

Roscommon’s residential vacancy rate stood at 10.3 per cent at the end of 2024, well above the national average of 3.8 per cent, according to the latest GeoDirectory Residential Buildings Report.

According to the report, the county recorded one of the highest vacancy rates in the country, following Leitrim (11.8%) and Mayo (10.6%), while Dublin (1.2%) had the lowest.

Despite the high vacancy rate, 192 new residential addresses were added to Roscommon in 2024, with 162 properties under construction in December. However, this figure remains among the lowest in the country, ahead of only Longford (85) and Leitrim (121).

Roscommon also accounted for 6.1 per cent of the 20,092 derelict residential properties recorded nationwide, with Mayo, Donegal, and Galway having the highest concentrations.

The average house price in Roscommon reached €205,333 in the year to November 2024, remaining among the lowest in Ireland. Only Leitrim (€190,000) and Longford (€196,532) recorded lower averages, while Dublin (€565,351) had the highest.

Commenting on the report, Annette Hughes, Director at EY Economic Advisory, said: “The latest GeoDirectory report spotlights a continuing and encouraging downward trend in both national vacancy and dereliction rates, as our growing population and policy initiatives are having an impact.”