Nigeria Property Centre
Market Report · Q3 2026

Nigeria property asking prices, Q3 2026.

Published 7 August 2026 · Updated 14 September 2026 · Covering 1 Jul – 30 Sep 2026

PDF summary
Median for rent
₦13M per year
Median for sale
₦300M
3-bed
₦199M
Per plot
₦25M
Best yield
7.2%
Lagos
Short let
₦150K a night
To sell
73 days
from 4,441 completed sales
Priciest
Abuja
₦350M median
Listings
135,812
47 areas, 18 states

Key findings

  • Abuja is the most expensive of the 9 ranked states to buy property, with a median asking price of ₦350,000,000 across 13,264 listings.
  • The most affordable of the 9 ranked states to buy is Akwa Ibom, with a median asking price of ₦45,000,000 across 247 listings.
  • Lagos has the highest median rent, at ₦13,500,000 per year.
  • Property that changed hands took a median of 73 days to sell and 25 days to let, measured from publication to the agent recording the deal.
  • The highest gross rental yield in the report is 7.2% on 3-bed property in Lagos.
  • Land is advertised by the plot, and the spread is wide: a plot asks ₦2,500,000 in Abeokuta North against ₦400,000,000 in Ikeja.
  • A short let in Lagos asks ₦150,000 a night — the equivalent of a year’s rent in 90 nights.
  • Lagos accounts for the largest share of the market, with 108,777 of the 135,812 listings analysed.

Price rankings and comparisons cover states holding at least a fifth of a percent of the listings in the busiest state for that category, and never fewer than 100 — a median drawn from a few dozen listings is not comparable with one drawn from tens of thousands. Every state that met the reporting threshold still appears in the tables below.

Q3 2026 · Top 5 states

Median rent by state

01
Lagos
₦13.5M per year
02
Abuja
₦13M per year
03
Oyo
₦5M per year
04
Rivers
₦4.5M per year
05
Ogun
₦1M per year
Q3 2026 · Top 9 states

Median sale asking price by state

01
Abuja
₦350M
02
Lagos
₦340M
03
Rivers
₦195M
04
Oyo
₦150M
05
Enugu
₦150M
06
Edo
₦140M
07
Delta
₦120M
08
Ogun
₦60M
09
Akwa Ibom
₦45M

How fast the market moves

Median days to let 25 days from 8,670 completed lets
Median days to sell 73 days from 4,441 completed sales
Fastest first · last 12 months

Days to let by state

01
Lagos
24 days
02
Abuja
27 days
03
Ogun
36 days
04
Rivers
51 days
Fastest first · last 12 months

Days to sell by state

01
Lagos
61 days
02
Ogun
84 days
03
Rivers
86 days
04
Abuja
119 days
05
Oyo
140 days
06
Enugu
293 days

Measured from the date a listing was first published to the date its agent recorded it as rented or sold, over the last 12 months, for areas with at least 20 completed transactions. It covers only listings that transacted, so it is how long a completed deal took rather than how long a property should be expected to wait, and it depends on agents recording an outcome.

How asking prices are moving

Covers 11 Sep – 14 Sep 2026. Price changes have been recorded since 11 Sep 2026, so this quarter's figures begin there.

Rental listings repriced 0.7% 0.4% cut · 0.2% raised
Median rental price cut 11.1% across 161 listings cut
Rental cuts moving towards the local median 50.0% of cuts in areas with a comparable median
Sale listings repriced 0.3% 0.1% cut · 0.1% raised
Median sale price cut 10.0% across 113 listings cut
Sale cuts moving towards the local median 37.4% of cuts in areas with a comparable median
Most cuts first · share of live listings

Sale listings cut by state

01
Abuja
0.2%
02
Lagos
0.1%

Measured from advertisers' own changes to a listing's asking price during the quarter, as a share of the listings published at the time of the report. Corrections are left out: changes by our review team, changes within an hour of publishing, and moves of more than half the price. Days to a first cut counts listings published since 11 Sep 2026, the first day price changes were recorded. Figures are published only where at least 20 listings were repriced, and never for an individual listing.

Where the enquiries are going

Enquiries per 100 rental listings 117.3 in the 28 days to 11 Sep, across 39,255 listings
Rental listings with at least one enquiry 37.9% in the 28 days to 11 Sep
Rental listings asking above the local going rate 41.6% more than 10% over their area's median · 38.7% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 147.0 vs 68.6 at or up to 10% over the area median vs more than 10% over it
Enquiries per 100 sale listings 27.1 in the 28 days to 11 Sep, across 94,439 listings
Sale listings with at least one enquiry 16.1% in the 28 days to 11 Sep
Sale listings asking above the local going rate 42.4% more than 10% over their area's median · 39.4% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 30.0 vs 22.7 at or up to 10% over the area median vs more than 10% over it
Most enquiries first · per 100 listings, in the 28 days to 11 Sep

Rental enquiries by state

01
Ogun
304.6
02
Delta
194.4
03
Rivers
121.0
04
Abuja
118.4
05
Lagos
115.9
06
Edo
87.0
07
Oyo
84.1
Most enquiries first · per 100 listings, in the 28 days to 11 Sep

Sale enquiries by state

01
Nasarawa
57.1
02
Abia
46.4
03
Abuja
40.9
04
Ogun
40.8
05
Delta
33.6
06
Akwa Ibom
30.5
07
Kwara
27.7
08
Anambra
27.2
09
Imo
26.9
10
Lagos
25.4

Enquiries are phone and WhatsApp contacts made through the site over the 28 days to the date shown, counted once per person, listing, channel and day, across the same listings the price figures count. A listing's price position is its asking price against the median for comparable listings in its area, where at least 10 exist; listings priced in another currency have none. Figures are published for areas with at least 20 scored listings.

National asking prices

Nigeria — property for rent

All types first
All types ₦13,000,000 per year
Avg ₦26,571,954 per year
Low ₦50K
High ₦35B
No. 40,086
Flats ₦8,000,000 per year
Avg ₦18,592,377 per year
Low ₦50K
High ₦35B
No. 21,839
Houses ₦18,000,000 per year
Avg ₦32,715,676 per year
Low ₦100K
High ₦13B
No. 14,838
Commercial Property ₦15,000,000 per year
Avg ₦41,184,756 per year
Low ₦50K
High ₦4.5B
No. 3,057
Land ₦60,000,000 per year
Avg ₦143,408,423 per year
Low ₦70K
High ₦13B
No. 326

Nigeria — property for sale

All types first
All types ₦300,000,000
Avg ₦1,271,103,629
Low ₦300K
High ₦4,700B
No. 95,726
Flats ₦230,000,000
Avg ₦496,151,213
Low ₦350K
High ₦620B
No. 15,754
Houses ₦350,000,000
Avg ₦890,470,886
Low ₦300K
High ₦3,000B
No. 61,906
Commercial Property ₦1,200,000,000
Avg ₦5,612,122,682
Low ₦670K
High ₦4,500B
No. 3,548
Land ₦250,000,000
Avg ₦2,674,540,361
Low ₦350K
High ₦4,700B
No. 14,516

By bedroom count

A median moves when the mix of listings moves. These hold the bed count still, so a rise here is a price rise rather than a quarter that happened to attract larger homes. Sizes run to five bedrooms; larger homes and listings with no bed count are counted in every other figure on this page, but are too few to publish a median of their own.

Property for rent by bedrooms

Fewest bedrooms first
1 bedroom ₦3,500,000 per year
Avg ₦5,069,647 per year
Low ₦150K
High ₦160M
No. 4,288
2 bedrooms ₦9,000,000 per year
Avg ₦13,625,568 per year
Low ₦100K
High ₦3.5B
No. 8,014
3 bedrooms ₦15,000,000 per year
Avg ₦29,757,219 per year
Low ₦100K
High ₦35B
No. 9,482
4 bedrooms ₦18,500,000 per year
Avg ₦27,882,656 per year
Low ₦260K
High ₦1.8B
No. 9,196
5 bedrooms ₦35,000,000 per year
Avg ₦49,692,958 per year
Low ₦100K
High ₦1.7B
No. 3,124

Property for sale by bedrooms

Fewest bedrooms first
1 bedroom ₦100,000,000
Avg ₦165,455,928
Low ₦350K
High ₦53B
No. 1,658
2 bedrooms ₦180,000,000
Avg ₦244,721,705
Low ₦700K
High ₦180B
No. 10,068
3 bedrooms ₦199,000,000
Avg ₦374,018,713
Low ₦320K
High ₦500B
No. 12,771
4 bedrooms ₦270,000,000
Avg ₦751,258,038
Low ₦300K
High ₦3,000B
No. 26,371
5 bedrooms ₦550,000,000
Avg ₦1,115,283,291
Low ₦360K
High ₦1,400B
No. 20,520

Land by the plot

Land here is advertised by the plot, not as a whole property, so it is priced that way here too. These figures are quoted per plot and are not comparable with the property prices above; listings quoted per acre, per hectare or per square metre are excluded from both.

Land asking price per plot, by area

Cheapest first
Abeokuta North, Ogun ₦2,500,000
Low ₦400K
High ₦57M
No. 26
Ado-Odo/Ota, Ogun ₦3,000,000
Low ₦1.5M
High ₦47M
No. 27
Ibadan, Oyo ₦3,500,000
Low ₦350K
High ₦150M
No. 137
Ikorodu, Lagos ₦3,500,000
Low ₦500K
High ₦60M
No. 82
Ijebu Ode, Ogun ₦4,000,000
Low ₦500K
High ₦22M
No. 24
Kuje, Abuja ₦6,000,000
Low ₦2M
High ₦30M
No. 53
Mowe Ofada, Ogun ₦7,000,000
Low ₦1M
High ₦30M
No. 81
Simawa, Ogun ₦7,000,000
Low ₦2M
High ₦26.7M
No. 28
Aba, Abia ₦7,000,000
Low ₦400K
High ₦100M
No. 21
Epe, Lagos ₦8,000,000
Low ₦1M
High ₦100M
No. 123
Asaba, Delta ₦8,000,000
Low ₦650K
High ₦850M
No. 70
Awka, Anambra ₦10,000,000
Low ₦2.2M
High ₦65M
No. 23
Kabusa, Abuja ₦11,700,000
Low ₦4.3M
High ₦48M
No. 53
Idu Industrial, Abuja ₦15,000,000
Low ₦4M
High ₦100M
No. 63
Enugu, Enugu ₦15,000,000
Low ₦1.2M
High ₦25B
No. 51
Mowe Town, Ogun ₦15,000,000
Low ₦1M
High ₦50M
No. 28
Lugbe District, Abuja ₦18,000,000
Low ₦2M
High ₦3.5B
No. 97
Apo, Abuja ₦22,500,000
Low ₦4.5M
High ₦400M
No. 106
Port Harcourt, Rivers ₦30,000,000
Low ₦1M
High ₦250M
No. 104
Karsana, Abuja ₦30,000,000
Low ₦12.5M
High ₦5.5B
No. 56
Ibeju Lekki, Lagos ₦35,000,000
Low ₦1M
High ₦369.7M
No. 551
Galadimawa, Abuja ₦40,000,000
Low ₦13.5M
High ₦160M
No. 26
Katampe, Abuja ₦45,000,000
Low ₦20M
High ₦800M
No. 34
Ajah, Lagos ₦75,000,000
Low ₦18M
High ₦550M
No. 262
Guzape District, Abuja ₦110,000,000
Low ₦7.5M
High ₦1.7B
No. 73
Lekki, Lagos ₦200,000,000
Low ₦350K
High ₦2.6B
No. 287
Asokoro District, Abuja ₦220,000,000
Low ₦15M
High ₦1.2B
No. 22
Ikeja, Lagos ₦400,000,000
Low ₦50M
High ₦900M
No. 42

Rental yield

Highest gross rental yields

Highest yield first
Lagos — 3-bed 7.2%
Price ₦250,000,000
No. 9,941
Lagos — 4-bed 7.14%
Price ₦280,000,000
No. 21,101
Abuja — 2-bed 7%
Price ₦100,000,000
No. 707
Lagos — 5-bed 6.9%
Price ₦580,000,000
No. 17,567
Abuja — 3-bed 6.67%
Price ₦150,000,000
No. 1,829
Ikeja — house 6.67%
Price ₦450,000,000
No. 4,117
Abuja — 4-bed 6%
Price ₦300,000,000
No. 3,526
Lagos — house 5.71%
Price ₦350,000,000
No. 48,851
Abuja — flat / apartment 5.56%
Price ₦135,000,000
No. 1,395
Abuja — house 5.41%
Price ₦370,000,000
No. 8,486
Lagos — 2-bed 5%
Price ₦200,000,000
No. 8,964
Abuja — 5-bed 5%
Price ₦600,000,000
No. 2,207
Victoria Island (VI) — flat / apartment 5%
Price ₦500,000,000
No. 1,383
Ikoyi — flat / apartment 5%
Price ₦800,000,000
No. 1,369
Victoria Island (VI) — house 4.49%
Price ₦780,000,000
No. 1,200

Gross yield is the median annual asking rent as a percentage of the median asking price for the same area and the same product — the same property type, or the same bed count. It is matched because the rented stock and the for-sale stock are different properties: dividing one area-wide median by the other reads about half the matched figure. It is indicative of the market rather than of any one property, is gross of service charge, agency fees and void periods, and is not published for land. Across Nigeria as a whole, the 3-bed figure is 7.54%.

Short lets

Short lets by the night

Highest nightly rate first
Ikoyi — 4-bed ₦410,000
Nights —
No. 95
Eko Atlantic City — 3-bed ₦360,000
Nights —
No. 65
Eko Atlantic City ₦355,000
Nights —
No. 115
Lekki — 5-bed ₦350,000
Nights —
No. 203
Abuja — 5-bed ₦350,000
Nights 86 nights
No. 22
Ikeja — 5-bed ₦330,000
Nights —
No. 30
Lagos — 5-bed ₦320,000
Nights 125 nights
No. 285
Eko Atlantic City — 2-bed ₦310,000
Nights —
No. 36
Ikoyi — 3-bed ₦300,000
Nights —
No. 475
Victoria Island (VI) — 4-bed ₦280,000
Nights —
No. 124
Ikeja — 4-bed ₦260,000
Nights —
No. 168
Guzape District — 4-bed ₦260,000
Nights —
No. 24
Ikoyi ₦250,000
Nights 184 nights
No. 999
Wuse 2 — 3-bed ₦250,000
Nights —
No. 51
Magodo — 4-bed ₦250,000
Nights —
No. 22
Lagos — 4-bed ₦240,000
Nights 83 nights
No. 1,309
Maitama District — 3-bed ₦230,000
Nights —
No. 38
Ikoyi — 2-bed ₦220,000
Nights —
No. 206
Abuja — 4-bed ₦220,000
Nights 82 nights
No. 128
Maitama District — 2-bed ₦220,000
Nights —
No. 54
Lekki — 4-bed ₦210,000
Nights —
No. 791
Victoria Island (VI) — 3-bed ₦210,000
Nights —
No. 455
Katampe — 3-bed ₦210,000
Nights —
No. 26
Jahi — 3-bed ₦200,000
Nights —
No. 54
Oyo — 3-bed ₦200,000
Nights 25 nights
No. 40
Ibadan — 3-bed ₦200,000
Nights —
No. 36
Victoria Island (VI) — 2-bed ₦195,000
Nights —
No. 336
Lagos — 3-bed ₦190,000
Nights 95 nights
No. 2,918
Victoria Island (VI) ₦180,000
Nights 156 nights
No. 1,256
Abuja — 3-bed ₦180,000
Nights 56 nights
No. 368
Ikeja — 3-bed ₦180,000
Nights —
No. 285
Guzape District ₦180,000
Nights 106 nights
No. 92
Wuye — 3-bed ₦180,000
Nights —
No. 42
Guzape District — 2-bed ₦180,000
Nights —
No. 26
Guzape District — 3-bed ₦180,000
Nights —
No. 22
Lekki — 3-bed ₦175,000
Nights —
No. 1,371
Maitama District ₦175,000
Nights 257 nights
No. 138
Edo ₦170,000
Nights 7 nights
No. 25
Oredo ₦170,000
Nights 5 nights
No. 25
Asokoro District — 2-bed ₦170,000
Nights —
No. 21
Wuse 2 — 2-bed ₦160,000
Nights —
No. 105
Ajah — 4-bed ₦160,000
Nights —
No. 54
Rivers — 2-bed ₦160,000
Nights 19 nights
No. 44
Port Harcourt — 2-bed ₦160,000
Nights —
No. 43
Maryland — 3-bed ₦160,000
Nights —
No. 42
Magodo — 3-bed ₦160,000
Nights —
No. 29
Lagos ₦150,000
Nights 90 nights
No. 11,805
Lekki ₦150,000
Nights 80 nights
No. 6,675
Lagos — 2-bed ₦150,000
Nights 67 nights
No. 3,872
Lekki — 2-bed ₦150,000
Nights —
No. 2,459
Wuse 2 ₦150,000
Nights —
No. 294
Ikoyi — 1-bed ₦150,000
Nights —
No. 184
Maryland ₦150,000
Nights —
No. 95
Ikeja ₦145,800
Nights 137 nights
No. 1,228
Ikeja — 2-bed ₦142,000
Nights —
No. 378
Abuja — 2-bed ₦140,000
Nights 50 nights
No. 651
Jahi ₦140,000
Nights 86 nights
No. 252
Oyo ₦140,000
Nights 36 nights
No. 133
Ibadan ₦140,000
Nights 36 nights
No. 113
Jahi — 2-bed ₦140,000
Nights —
No. 109
Ibadan — 2-bed ₦140,000
Nights —
No. 40
Gwarinpa — 2-bed ₦140,000
Nights —
No. 36
Enugu ₦140,000
Nights —
No. 32
Enugu ₦140,000
Nights —
No. 32
Maryland — 2-bed ₦140,000
Nights —
No. 24
Rivers ₦130,000
Nights 35 nights
No. 106
Port Harcourt ₦130,000
Nights 35 nights
No. 105
Asokoro District ₦130,000
Nights 192 nights
No. 92
Wuye — 2-bed ₦130,000
Nights —
No. 67
Garki — 2-bed ₦130,000
Nights —
No. 27
Katampe ₦125,000
Nights 120 nights
No. 108
Maitama District — 1-bed ₦125,000
Nights —
No. 42
Life Camp — 3-bed ₦125,000
Nights —
No. 26
Life Camp — 2-bed ₦125,000
Nights —
No. 24
Abuja ₦120,000
Nights 108 nights
No. 2,060
Victoria Island (VI) — 1-bed ₦120,000
Nights —
No. 268
Magodo ₦120,000
Nights 75 nights
No. 155
Ajah — 3-bed ₦120,000
Nights —
No. 73
Surulere — 2-bed ₦120,000
Nights —
No. 68
Magodo — 2-bed ₦120,000
Nights —
No. 54
Oyo — 2-bed ₦120,000
Nights 25 nights
No. 49
Asokoro District — 1-bed ₦120,000
Nights —
No. 44
Yaba — 2-bed ₦120,000
Nights —
No. 22
Life Camp — 4-bed ₦120,000
Nights —
No. 20
Wuse 2 — 1-bed ₦110,000
Nights —
No. 107
Rivers — 1-bed ₦110,000
Nights 15 nights
No. 32
Port Harcourt — 1-bed ₦110,000
Nights —
No. 32
Lagos — 1-bed ₦100,000
Nights 36 nights
No. 2,754
Lekki — 1-bed ₦100,000
Nights —
No. 1,556
Wuye ₦100,000
Nights 130 nights
No. 219
Gwarinpa ₦100,000
Nights 65 nights
No. 148
Life Camp ₦100,000
Nights 80 nights
No. 106
Ajah — 2-bed ₦100,000
Nights —
No. 86
Garki ₦100,000
Nights —
No. 79
Abuja — 1-bed ₦90,000
Nights 44 nights
No. 617
Ajah ₦90,000
Nights 44 nights
No. 331
Ikeja — 1-bed ₦90,000
Nights —
No. 266
Jahi — 1-bed ₦90,000
Nights —
No. 42
Surulere ₦85,000
Nights 71 nights
No. 232
Gwarinpa — 1-bed ₦85,000
Nights —
No. 45
Magodo — 1-bed ₦85,000
Nights —
No. 31
Ogun ₦80,000
Nights 13 nights
No. 43
Katampe — 1-bed ₦80,000
Nights —
No. 41
Yaba ₦75,000
Nights 53 nights
No. 176
Yaba — 1-bed ₦75,000
Nights —
No. 84
Surulere — 1-bed ₦70,000
Nights —
No. 104
Wuye — 1-bed ₦70,000
Nights —
No. 76
Garki — 1-bed ₦65,000
Nights —
No. 22
Life Camp — 1-bed ₦60,000
Nights —
No. 25
Ajah — 1-bed ₦59,999
Nights —
No. 90

Short lets are quoted per night. The nights column is a year’s asking rent on the equivalent property divided by the nightly asking rate — how many booked nights would match a year as an annual let. It is not a yield and not a forecast: nothing here measures how often a property is actually occupied.

By state

Property for rent by state

Most listings first
Lagos ₦13,500,000 per year
Avg ₦27,217,723 per year
Low ₦50K
High ₦35B
No. 34,061
Abuja ₦13,000,000 per year
Avg ₦25,239,166 per year
Low ₦50K
High ₦2B
No. 5,128
Rivers ₦4,500,000 per year
Avg ₦14,975,540 per year
Low ₦58.5K
High ₦1.3B
No. 272
Ogun ₦1,000,000 per year
Avg ₦7,154,774 per year
Low ₦100K
High ₦495M
No. 266
Oyo ₦5,000,000 per year
Avg ₦7,875,919 per year
Low ₦60K
High ₦300M
No. 223
Delta ₦1,750,000 per year
Avg ₦7,173,611 per year
Low ₦500K
High ₦100M
No. 36
Edo ₦1,211,600 per year
Avg ₦4,105,670 per year
Low ₦58.5K
High ₦66M
No. 23

Property for sale by state

Most listings first
Lagos ₦340,000,000
Avg ₦1,119,432,241
Low ₦320K
High ₦4,500B
No. 74,716
Abuja ₦350,000,000
Avg ₦2,638,245,329
Low ₦320K
High ₦4,700B
No. 13,264
Oyo ₦150,000,000
Avg ₦272,798,114
Low ₦540K
High ₦50B
No. 2,907
Rivers ₦195,000,000
Avg ₦475,359,814
Low ₦1.5M
High ₦30B
No. 1,615
Ogun ₦60,000,000
Avg ₦603,257,517
Low ₦350K
High ₦200B
No. 1,462
Enugu ₦150,000,000
Avg ₦257,224,870
Low ₦400K
High ₦15B
No. 576
Akwa Ibom ₦45,000,000
Avg ₦426,163,158
Low ₦300K
High ₦37B
No. 247
Edo ₦140,000,000
Avg ₦290,314,719
Low ₦1.3M
High ₦7.5B
No. 231
Delta ₦120,000,000
Avg ₦464,947,097
Low ₦500K
High ₦13B
No. 155
Osun ₦50,000,000
Avg ₦140,349,306
Low ₦600K
High ₦2.5B
No. 108
Imo ₦100,000,000
Avg ₦372,541,398
Low ₦650K
High ₦8B
No. 93
Anambra ₦90,000,000
Avg ₦372,804,938
Low ₦1.8M
High ₦4.2B
No. 81
Ondo ₦85,000,000
Avg ₦182,746,809
Low ₦1M
High ₦1.7B
No. 47
Kwara ₦40,000,000
Avg ₦172,097,745
Low ₦647K
High ₦2B
No. 47
Nasarawa ₦50,000,000
Avg ₦145,502,326
Low ₦3.6M
High ₦1.6B
No. 43
Abia ₦10,500,000
Avg ₦67,566,071
Low ₦1.3M
High ₦700M
No. 28
Kano ₦220,000,000
Avg ₦413,478,261
Low ₦35M
High ₦1.2B
No. 23
Kaduna ₦380,000,000
Avg ₦2,170,900,000
Low ₦8M
High ₦35B
No. 20

Lagos

Lagos — property for rent

Most listings first
Statewide ₦13,500,000 per year
Avg ₦27,217,723 per year
Low ₦50K
High ₦35B
No. 34,061
4 property types
Flats ₦9,000,000 per year
Houses ₦20,000,000 per year
Commercial Property ₦15,000,000 per year
Land ₦70,000,000 per year
Lekki ₦12,000,000 per year
Avg ₦18,005,010 per year
Low ₦58.5K
High ₦13B
No. 17,095
4 property types
Flats ₦8,500,000 per year
Houses ₦15,000,000 per year
Commercial Property ₦13,500,000 per year
Land ₦80,000,000 per year
Ikoyi ₦46,000,000 per year
Avg ₦61,541,109 per year
Low ₦58.5K
High ₦3.5B
No. 5,100
4 property types
Flats ₦40,000,000 per year
Houses ₦60,000,000 per year
Commercial Property ₦36,000,000 per year
Land ₦100,000,000 per year
Ajah ₦4,000,000 per year
Avg ₦7,171,900 per year
Low ₦50K
High ₦3.5B
No. 3,385
4 property types
Flats ₦3,000,000 per year
Houses ₦7,500,000 per year
Commercial Property ₦6,000,000 per year
Land ₦25,000,000 per year
Victoria Island (VI) ₦28,000,000 per year
Avg ₦43,398,422 per year
Low ₦55.5K
High ₦13B
No. 3,202
4 property types
Flats ₦25,000,000 per year
Houses ₦35,000,000 per year
Commercial Property ₦60,000,000 per year
Land ₦70,000,000 per year
Ikeja ₦20,000,000 per year
Avg ₦53,305,716 per year
Low ₦58.5K
High ₦35B
No. 1,588
4 property types
Flats ₦9,000,000 per year
Houses ₦30,000,000 per year
Commercial Property ₦16,000,000 per year
Land ₦70,000,000 per year
Ibeju Lekki ₦2,000,000 per year
Avg ₦4,899,157 per year
Low ₦58.5K
High ₦120M
No. 642
3 property types
Flats ₦1,400,000 per year
Houses ₦5,000,000 per year
Commercial Property ₦7,500,000 per year
Magodo ₦9,000,000 per year
Avg ₦16,988,101 per year
Low ₦1M
High ₦750M
No. 395
2 property types
Flats ₦6,000,000 per year
Houses ₦15,000,000 per year
Yaba ₦4,000,000 per year
Avg ₦10,163,211 per year
Low ₦120K
High ₦225M
No. 380
2 property types
Flats ₦3,500,000 per year
Commercial Property ₦8,000,000 per year
Gbagada ₦5,000,000 per year
Avg ₦7,789,672 per year
Low ₦58.5K
High ₦170M
No. 359
3 property types
Flats ₦4,500,000 per year
Houses ₦15,000,000 per year
Commercial Property ₦3,600,000 per year
Surulere ₦6,000,000 per year
Avg ₦13,391,851 per year
Low ₦55K
High ₦250M
No. 289
3 property types
Flats ₦4,500,000 per year
Houses ₦15,000,000 per year
Commercial Property ₦10,000,000 per year

Lagos — property for sale

Most listings first
Statewide ₦340,000,000
Avg ₦1,119,432,241
Low ₦320K
High ₦4,500B
No. 74,716
4 property types
Flats ₦250,000,000
Houses ₦350,000,000
Commercial Property ₦1,500,000,000
Land ₦350,000,000
Lekki ₦350,000,000
Avg ₦952,839,023
Low ₦350K
High ₦3,000B
No. 35,160
4 property types
Flats ₦230,000,000
Houses ₦400,000,000
Commercial Property ₦1,600,000,000
Land ₦600,000,000
Ajah ₦166,560,000
Avg ₦350,387,129
Low ₦320K
High ₦300B
No. 9,306
4 property types
Flats ₦85,000,000
Houses ₦180,000,000
Commercial Property ₦80,000,000
Land ₦120,000,000
Ikeja ₦450,000,000
Avg ₦2,018,908,481
Low ₦380K
High ₦4,500B
No. 6,310
4 property types
Flats ₦260,000,000
Houses ₦450,000,000
Commercial Property ₦1,600,000,000
Land ₦1,000,000,000
Ikoyi ₦1,700,000,000
Avg ₦2,991,766,421
Low ₦1M
High ₦600B
No. 5,245
4 property types
Flats ₦800,000,000
Houses ₦2,300,000,000
Commercial Property ₦4,500,000,000
Land ₦3,500,000,000
Victoria Island (VI) ₦700,000,000
Avg ₦2,268,152,373
Low ₦600K
High ₦500B
No. 3,351
4 property types
Flats ₦500,000,000
Houses ₦780,000,000
Commercial Property ₦4,400,000,000
Land ₦4,200,000,000
Ibeju Lekki ₦80,000,000
Avg ₦235,662,871
Low ₦1M
High ₦11.5B
No. 2,048
4 property types
Flats ₦100,000,000
Houses ₦90,000,000
Commercial Property ₦600,000,000
Land ₦45,000,000
Magodo ₦410,000,000
Avg ₦473,119,772
Low ₦600K
High ₦5.7B
No. 1,846
3 property types
Flats ₦250,000,000
Houses ₦450,000,000
Land ₦410,000,000
Surulere ₦280,000,000
Avg ₦756,685,473
Low ₦850K
High ₦16.5B
No. 1,428
4 property types
Flats ₦110,000,000
Houses ₦320,000,000
Commercial Property ₦650,000,000
Land ₦370,000,000
Gbagada ₦250,000,000
Avg ₦278,884,979
Low ₦5M
High ₦1.4B
No. 1,185
3 property types
Flats ₦150,000,000
Houses ₦310,000,000
Land ₦180,000,000
Yaba ₦220,000,000
Avg ₦463,725,499
Low ₦380K
High ₦10B
No. 811
4 property types
Flats ₦150,000,000
Houses ₦250,000,000
Commercial Property ₦1,000,000,000
Land ₦420,000,000

Abuja

Abuja — property for rent

Most listings first
Statewide ₦13,000,000 per year
Avg ₦25,239,166 per year
Low ₦50K
High ₦2B
No. 5,128
4 property types
Flats ₦7,500,000 per year
Houses ₦20,000,000 per year
Commercial Property ₦10,000,000 per year
Land ₦10,000,000 per year
Guzape District ₦19,000,000 per year
Avg ₦24,344,989 per year
Low ₦700K
High ₦210M
No. 439
2 property types
Flats ₦11,000,000 per year
Houses ₦25,000,000 per year
Asokoro District ₦25,000,000 per year
Avg ₦45,502,387 per year
Low ₦2M
High ₦1.2B
No. 419
3 property types
Flats ₦15,000,000 per year
Houses ₦35,000,000 per year
Commercial Property ₦25,000,000 per year
Maitama District ₦45,000,000 per year
Avg ₦65,046,902 per year
Low ₦56.9K
High ₦580M
No. 415
3 property types
Flats ₦25,000,000 per year
Houses ₦60,000,000 per year
Commercial Property ₦20,640,000 per year
Jahi ₦12,000,000 per year
Avg ₦20,029,444 per year
Low ₦450K
High ₦750M
No. 414
2 property types
Flats ₦10,000,000 per year
Houses ₦15,000,000 per year
Katampe ₦15,000,000 per year
Avg ₦23,088,084 per year
Low ₦850K
High ₦325M
No. 407
2 property types
Flats ₦8,000,000 per year
Houses ₦18,000,000 per year
Gwarinpa ₦6,500,000 per year
Avg ₦11,186,213 per year
Low ₦56.9K
High ₦400M
No. 347
3 property types
Flats ₦4,500,000 per year
Houses ₦12,000,000 per year
Commercial Property ₦5,250,000 per year
Wuye ₦13,000,000 per year
Avg ₦15,661,482 per year
Low ₦650K
High ₦250M
No. 222
2 property types
Flats ₦8,000,000 per year
Houses ₦20,000,000 per year
Life Camp ₦8,000,000 per year
Avg ₦11,209,817 per year
Low ₦1.5M
High ₦85M
No. 218
2 property types
Flats ₦5,000,000 per year
Houses ₦11,000,000 per year
Apo ₦10,000,000 per year
Avg ₦12,319,708 per year
Low ₦1M
High ₦140M
No. 137
2 property types
Flats ₦4,000,000 per year
Houses ₦10,000,000 per year
Lugbe District ₦5,500,000 per year
Avg ₦7,651,880 per year
Low ₦70K
High ₦90M
No. 117
2 property types
Flats ₦4,000,000 per year
Houses ₦7,000,000 per year

Abuja — property for sale

Most listings first
Statewide ₦350,000,000
Avg ₦2,638,245,329
Low ₦320K
High ₦4,700B
No. 13,264
4 property types
Flats ₦135,000,000
Houses ₦370,000,000
Commercial Property ₦1,800,000,000
Land ₦300,000,000
Guzape District ₦675,000,000
Avg ₦11,753,821,865
Low ₦320K
High ₦4,700B
No. 1,278
3 property types
Flats ₦200,000,000
Houses ₦690,000,000
Land ₦900,000,000
Katampe ₦400,000,000
Avg ₦848,944,752
Low ₦1.3M
High ₦25B
No. 1,254
3 property types
Flats ₦150,000,000
Houses ₦500,000,000
Land ₦550,000,000
Jahi ₦380,000,000
Avg ₦1,093,241,082
Low ₦320K
High ₦380B
No. 850
3 property types
Flats ₦190,000,000
Houses ₦390,000,000
Land ₦700,000,000
Lugbe District ₦90,000,000
Avg ₦442,560,024
Low ₦1M
High ₦55B
No. 847
4 property types
Flats ₦85,000,000
Houses ₦120,000,000
Commercial Property ₦1,700,000,000
Land ₦25,000,000
Life Camp ₦220,000,000
Avg ₦446,767,697
Low ₦6M
High ₦15B
No. 842
3 property types
Flats ₦90,000,000
Houses ₦250,000,000
Land ₦130,000,000
Gwarinpa ₦275,000,000
Avg ₦2,910,696,172
Low ₦13M
High ₦1,800B
No. 744
4 property types
Flats ₦90,000,000
Houses ₦300,000,000
Commercial Property ₦210,800,000
Land ₦170,000,000
Asokoro District ₦1,200,000,000
Avg ₦3,549,434,303
Low ₦4.5M
High ₦950B
No. 739
3 property types
Houses ₦1,400,000,000
Commercial Property ₦10,000,000,000
Land ₦560,000,000
Apo ₦280,000,000
Avg ₦1,341,126,754
Low ₦2.6M
High ₦270B
No. 717
3 property types
Flats ₦85,000,000
Houses ₦350,000,000
Land ₦90,000,000
Maitama District ₦2,500,000,000
Avg ₦3,755,762,328
Low ₦3M
High ₦30B
No. 653
3 property types
Flats ₦600,000,000
Houses ₦2,300,000,000
Land ₦3,000,000,000
Wuye ₦380,000,000
Avg ₦776,488,606
Low ₦45M
High ₦13B
No. 471
3 property types
Flats ₦155,000,000
Houses ₦500,000,000
Land ₦800,000,000

Oyo

Oyo — property for rent

Most listings first
Statewide ₦5,000,000 per year
Avg ₦7,875,919 per year
Low ₦60K
High ₦300M
No. 223
3 property types
Flats ₦2,000,000 per year
Houses ₦9,000,000 per year
Commercial Property ₦5,500,000 per year
Ibadan ₦5,000,000 per year
Avg ₦8,010,243 per year
Low ₦60K
High ₦300M
No. 206
3 property types
Flats ₦2,000,000 per year
Houses ₦10,000,000 per year
Commercial Property ₦6,000,000 per year

Oyo — property for sale

Most listings first
Statewide ₦150,000,000
Avg ₦272,798,114
Low ₦540K
High ₦50B
No. 2,907
4 property types
Flats ₦75,000,000
Houses ₦160,000,000
Commercial Property ₦350,000,000
Land ₦120,000,000
Ibadan ₦150,000,000
Avg ₦259,389,323
Low ₦600K
High ₦30B
No. 2,587
4 property types
Flats ₦80,000,000
Houses ₦170,000,000
Commercial Property ₦400,000,000
Land ₦125,000,000
Oluyole ₦90,000,000
Avg ₦219,593,333
Low ₦3M
High ₦3.6B
No. 150
2 property types
Houses ₦95,000,000
Land ₦80,000,000
Ibadan North ₦120,000,000
Avg ₦224,626,984
Low ₦8M
High ₦1.9B
No. 63
1 property type
Houses ₦100,000,000
Ibadan North-West ₦140,000,000
Avg ₦2,150,161,290
Low ₦15M
High ₦50B
No. 31

Rivers

Rivers — property for rent

Most listings first
Statewide ₦4,500,000 per year
Avg ₦14,975,540 per year
Low ₦58.5K
High ₦1.3B
No. 272
3 property types
Flats ₦2,500,000 per year
Houses ₦10,000,000 per year
Commercial Property ₦10,000,000 per year
Port Harcourt ₦4,500,000 per year
Avg ₦15,016,040 per year
Low ₦58.5K
High ₦1.3B
No. 271
3 property types
Flats ₦2,500,000 per year
Houses ₦10,000,000 per year
Commercial Property ₦10,000,000 per year

Rivers — property for sale

Most listings first
Statewide ₦195,000,000
Avg ₦475,359,814
Low ₦1.5M
High ₦30B
No. 1,615
4 property types
Flats ₦120,000,000
Houses ₦200,000,000
Commercial Property ₦550,000,000
Land ₦60,000,000
Port Harcourt ₦195,000,000
Avg ₦479,353,632
Low ₦1.5M
High ₦30B
No. 1,597
4 property types
Flats ₦120,000,000
Houses ₦200,000,000
Commercial Property ₦650,000,000
Land ₦70,000,000

Ogun

Ogun — property for rent

Most listings first
Statewide ₦1,000,000 per year
Avg ₦7,154,774 per year
Low ₦100K
High ₦495M
No. 266
2 property types
Flats ₦850,000 per year
Commercial Property ₦28,000,000 per year
Magboro ₦1,000,000 per year
Avg ₦2,590,435 per year
Low ₦300K
High ₦110M
No. 115
1 property type
Flats ₦850,000 per year
Berger, Arepo ₦2,500,000 per year
Avg ₦6,671,395 per year
Low ₦120K
High ₦140M
No. 43
1 property type
Flats ₦2,500,000 per year
Ado-Odo/Ota ₦500,000 per year
Avg ₦1,675,000 per year
Low ₦150K
High ₦20M
No. 36
1 property type
Flats ₦450,000 per year
Ibafo ₦1,000,000 per year
Avg ₦34,536,957 per year
Low ₦200K
High ₦495M
No. 23

Ogun — property for sale

Most listings first
Statewide ₦60,000,000
Avg ₦603,257,517
Low ₦350K
High ₦200B
No. 1,462
4 property types
Flats ₦55,000,000
Houses ₦70,000,000
Commercial Property ₦750,000,000
Land ₦15,000,000
Mowe Ofada ₦35,000,000
Avg ₦302,989,320
Low ₦3M
High ₦10B
No. 206
2 property types
Houses ₦60,000,000
Land ₦8,000,000
Berger, Arepo ₦150,000,000
Avg ₦297,206,704
Low ₦15M
High ₦6B
No. 179
2 property types
Houses ₦180,000,000
Land ₦80,000,000
Mowe Town ₦69,000,000
Avg ₦99,062,171
Low ₦2M
High ₦1.3B
No. 152
2 property types
Houses ₦78,000,000
Land ₦13,000,000
Ifo ₦85,000,000
Avg ₦1,173,220,548
Low ₦1M
High ₦120B
No. 146
3 property types
Houses ₦85,000,000
Commercial Property ₦370,000,000
Land ₦36,000,000
Magboro ₦55,000,000
Avg ₦354,511,905
Low ₦4M
High ₦22B
No. 126
2 property types
Houses ₦63,000,000
Land ₦35,000,000
Ado-Odo/Ota ₦45,000,000
Avg ₦481,738,483
Low ₦1.6M
High ₦7B
No. 89
3 property types
Houses ₦35,000,000
Commercial Property ₦650,000,000
Land ₦9,000,000
Abeokuta South ₦35,000,000
Avg ₦138,732,278
Low ₦350K
High ₦4B
No. 79
2 property types
Houses ₦45,000,000
Land ₦18,000,000
Abeokuta North ₦7,500,000
Avg ₦153,457,537
Low ₦550K
High ₦3B
No. 67
1 property type
Land ₦4,100,000
Ibafo ₦50,000,000
Avg ₦169,084,906
Low ₦3.5M
High ₦1.2B
No. 53
1 property type
Houses ₦45,000,000
Sagamu ₦400,000,000
Avg ₦1,387,877,872
Low ₦1.4M
High ₦10B
No. 47
1 property type
Land ₦200,000,000

Enugu

Enugu — property for sale

Most listings first
Statewide ₦150,000,000
Avg ₦257,224,870
Low ₦400K
High ₦15B
No. 576
4 property types
Flats ₦120,000,000
Houses ₦175,000,000
Commercial Property ₦400,000,000
Land ₦35,000,000
Enugu ₦150,000,000
Avg ₦259,193,307
Low ₦400K
High ₦15B
No. 564
4 property types
Flats ₦120,000,000
Houses ₦170,000,000
Commercial Property ₦400,000,000
Land ₦35,000,000

Akwa Ibom

Akwa Ibom — property for sale

Most listings first
Statewide ₦45,000,000
Avg ₦426,163,158
Low ₦300K
High ₦37B
No. 247
2 property types
Houses ₦75,000,000
Land ₦22,000,000
Uyo ₦45,000,000
Avg ₦100,615,351
Low ₦300K
High ₦1B
No. 228
2 property types
Houses ₦75,000,000
Land ₦20,000,000

Edo

Edo — property for rent

Most listings first
Statewide ₦1,211,600 per year
Avg ₦4,105,670 per year
Low ₦58.5K
High ₦66M
No. 23
Oredo ₦800,000 per year
Avg ₦1,292,291 per year
Low ₦58.5K
High ₦6M
No. 22

Edo — property for sale

Most listings first
Statewide ₦140,000,000
Avg ₦290,314,719
Low ₦1.3M
High ₦7.5B
No. 231
3 property types
Houses ₦160,000,000
Commercial Property ₦350,000,000
Land ₦70,000,000
Oredo ₦150,000,000
Avg ₦275,961,611
Low ₦1.3M
High ₦5B
No. 211
2 property types
Houses ₦160,000,000
Land ₦80,000,000

Delta

Delta — property for rent

Most listings first
Statewide ₦1,750,000 per year
Avg ₦7,173,611 per year
Low ₦500K
High ₦100M
No. 36
1 property type
Flats ₦1,600,000 per year
Asaba ₦2,000,000 per year
Avg ₦7,364,286 per year
Low ₦500K
High ₦100M
No. 35
1 property type
Flats ₦1,600,000 per year

Delta — property for sale

Most listings first
Statewide ₦120,000,000
Avg ₦464,947,097
Low ₦500K
High ₦13B
No. 155
3 property types
Houses ₦280,000,000
Commercial Property ₦859,000,000
Land ₦12,500,000
Asaba ₦200,000,000
Avg ₦352,303,879
Low ₦650K
High ₦3.5B
No. 116
2 property types
Houses ₦300,000,000
Land ₦15,000,000

Osun

Osun — property for sale

Most listings first
Statewide ₦50,000,000
Avg ₦140,349,306
Low ₦600K
High ₦2.5B
No. 108
2 property types
Houses ₦55,000,000
Land ₦17,000,000
Osogbo ₦50,000,000
Avg ₦139,175,495
Low ₦600K
High ₦2.5B
No. 101
2 property types
Houses ₦60,000,000
Land ₦15,000,000

Imo

Imo — property for sale

Most listings first
Statewide ₦100,000,000
Avg ₦372,541,398
Low ₦650K
High ₦8B
No. 93
2 property types
Houses ₦170,000,000
Land ₦7,000,000
Owerri Municipal ₦140,000,000
Avg ₦579,206,481
Low ₦650K
High ₦8B
No. 54
1 property type
Houses ₦185,000,000
Owerri West ₦7,500,000
Avg ₦84,736,364
Low ₦750K
High ₦700M
No. 22

Anambra

Anambra — property for sale

Most listings first
Statewide ₦90,000,000
Avg ₦372,804,938
Low ₦1.8M
High ₦4.2B
No. 81
2 property types
Houses ₦165,000,000
Land ₦35,000,000
Awka ₦95,000,000
Avg ₦428,203,077
Low ₦1.8M
High ₦4.2B
No. 65
2 property types
Houses ₦200,000,000
Land ₦35,000,000

Ondo

Ondo — property for sale

Most listings first
Statewide ₦85,000,000
Avg ₦182,746,809
Low ₦1M
High ₦1.7B
No. 47
1 property type
Land ₦60,000,000
Akure ₦85,000,000
Avg ₦188,980,000
Low ₦1M
High ₦1.7B
No. 45
1 property type
Land ₦60,000,000

Kwara

Kwara — property for sale

Most listings first
Statewide ₦40,000,000
Avg ₦172,097,745
Low ₦647K
High ₦2B
No. 47
1 property type
Houses ₦38,000,000
Ilorin South ₦40,000,000
Avg ₦47,750,000
Low ₦9M
High ₦130M
No. 20

Nasarawa

Nasarawa — property for sale

Most listings first
Statewide ₦50,000,000
Avg ₦145,502,326
Low ₦3.6M
High ₦1.6B
No. 43
2 property types
Houses ₦38,000,000
Land ₦15,000,000
Karu ₦38,000,000
Avg ₦104,632,258
Low ₦3.6M
High ₦650M
No. 31

Abia

Abia — property for sale

Most listings first
Statewide ₦10,500,000
Avg ₦67,566,071
Low ₦1.3M
High ₦700M
No. 28
Aba ₦10,000,000
Avg ₦57,443,182
Low ₦1.3M
High ₦700M
No. 22

Kano

Kano — property for sale

Most listings first
Statewide ₦220,000,000
Avg ₦413,478,261
Low ₦35M
High ₦1.2B
No. 23

Kaduna

Kaduna — property for sale

Most listings first
Statewide ₦380,000,000
Avg ₦2,170,900,000
Low ₦8M
High ₦35B
No. 20
Frequently asked

Questions this report answers

What is the median asking price for property in Nigeria?

In Q3 2026 the median asking price for property for sale in Nigeria was ₦300,000,000, across 95,726 published listings.

What is the median rent in Nigeria?

In Q3 2026 the median advertised rent in Nigeria was ₦13,000,000 per year, across 40,086 published listings.

Which state has the most expensive property in Nigeria?

Abuja, at a median asking price of ₦350,000,000 in Q3 2026.

How long does it take to sell a property in Nigeria?

Listings that sold took a median of 73 days from publication to the agent recording the sale, measured over the last 12 months across 4,441 completed sales. It covers only listings that sold, so it is not how long a property should be expected to wait.

What share of properties for sale in Nigeria had their asking price cut?

In Q3 2026, 0.1% of published listings for sale in Nigeria had their asking price cut by the advertiser, and 0.1% had it raised, with a median cut of 10.0%. It leaves out corrections made within an hour of publishing. Covers 11 Sep – 14 Sep 2026. Price changes have been recorded since 11 Sep 2026, so this quarter's figures begin there.

How many enquiries does a rental listing get in Nigeria?

In the 28 days to 11 Sep 2026, rental listings in Nigeria received 117.3 enquiries per 100 listings, and 37.9% of listings received at least one, across 39,255 published listings.

About this report

How we measure these figures.

Median and average of advertised asking prices, in NGN, of every listing published on Nigeria Property Centre when the report was generated. Cells with fewer than 20 listings are excluded, as are listings advertised in US dollars. So are listings asking below ₦50,000 to rent or ₦300,000 to buy, which are placeholder prices rather than real ones. Not every advertised price is a whole-property asking price. Those quoted per plot, acre, hectare or square metre, and those quoted by the night, week or calendar month, are excluded from the figures above. They are published in their own units, in the land and short-let sections. Short lets below ₦5,000 a night are excluded on the same basis as the floors above.

Every price here is an advertised asking price, not a sold price, and the median is the headline figure — asking prices are heavily skewed, and a single high-value listing should not move an area's number.

Not every figure is. Days on market comes from agents' own records of a listing being rented or sold, over a different period and a different set of listings. It is measured beside the figures themselves, under how fast the market moves.

The repricing figures are shares of the market, drawn from advertisers' own changes to their asking prices during the quarter. No individual listing's price change is published. The basis sits under how asking prices are moving.

The enquiry figures come from contacts made through the site, counted once per person, listing, channel and day, over the 28 days before one scoring night near the quarter's end. The basis sits under where the enquiries are going.