Leitrim Has the Cheapest Farmland in Ireland, report

Leitrim recorded the lowest farmland prices in Ireland last year, according to new figures from the Irish Farmers Journal. 

While the national average price per acre rose by 5% to €12,515, which is an increase of €590 per acre, Leitrim’s decreased to just €6,419 per acre—making it the most affordable county for agricultural land.

While the national average increased areas like Leitrim and Longford decreased in value with Longford’s land prices falling significantly by 17% last year compared to the year before, according to Paul Mooney from the Irish Farmers Journal, who spoke to Shannonside.

Leitrim had the lowest prices which were followed by Mayo and Donegal, while Dublin had the highest prices, with farmland averaging €25,490 per acre, followed by Wexford, Meath, Louth, and Laois.

The figure from the report also highlighted the stark contrast in land values across the country, with demand and location playing a key role in price variations. 

Additionally, the presence of a derelict house can add €100,000 or more to the land price depending on the county's planning rules.

The average price of Farmland in Northern Ireland remains much higher than in the Republic as it increased by 6.8% last year to £14,736 per acre (€17,406) as County Armagh recorded the highest prices.

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