Nigeria Property Centre
Market Report · Q3 2026

Nigeria property asking prices, Q3 2026.

Published 7 August 2026 · Updated 28 September 2026 · Covering 1 Jul – 30 Sep 2026

PDF summary
Median for rent
₦13M/yr
Median for sale
₦320M
3-bed
₦200M
Per plot
₦25M
Best yield
7.5%
Abuja
Short let
₦150K a night
To sell
76 days
from 5,164 completed sales
Priciest
Lagos
₦350M median
Listings
140,501
47 areas, 18 states

Key findings

  • Lagos is the most expensive of the 9 ranked states to buy property, with a median asking price of ₦350,000,000 across 76,695 listings.
  • The most affordable of the 9 ranked states to buy is Akwa Ibom, with a median asking price of ₦50,000,000 across 254 listings.
  • Abuja has the highest median rent, at ₦13,500,000/yr.
  • Property that changed hands took a median of 76 days to sell and 26 days to let, measured from publication to the agent recording the deal.
  • The highest gross rental yield in the report is 7.5% on 2-bed property in Abuja.
  • 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 87 nights.
  • Lagos accounts for the largest share of the market, with 112,458 of the 140,501 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
₦13.5M/yr
02
₦13M/yr
03
Oyo
₦4M/yr
04
₦4M/yr
05
₦2M/yr
Q3 2026 · Top 9 states

Median sale asking price by state

01
₦350M
02
₦350M
03
₦210M
04
Oyo
₦150M
05
₦150M
06
₦150M
07
Edo
₦130M
08
₦65M
09
₦50M

How fast the market moves

Median days to let 26 days from 10,262 completed lets
Median days to sell 76 days from 5,164 completed sales
Fastest first · last 12 months

Days to let by state

01
Oyo
23 days
02
25 days
03
27 days
04
29 days
05
53 days
Fastest first · last 12 months

Days to sell by state

01
67 days
02
81 days
03
88 days
04
109 days
05
Oyo
140 days
06
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 – 28 Sep 2026. Price changes have been recorded since 11 Sep 2026, so this quarter's figures begin there.

Rental listings repriced 3.5% 1.8% cut · 1.1% raised
Median rental price cut 12.5% across 770 listings cut
Days to a first cut on rental listings 3 days median, from publication to the first cut
Rental cuts moving towards the local median 45.8% of cuts in areas with a comparable median
Sale listings repriced 1.4% 0.6% cut · 0.7% raised
Median sale price cut 10.0% across 632 listings cut
Days to a first cut on sale listings 2 days median, from publication to the first cut
Sale cuts moving towards the local median 44.6% of cuts in areas with a comparable median
Most cuts first · share of live listings

Rental listings cut by state

01
2.0%
02
1.8%
Most cuts first · share of live listings

Sale listings cut by state

01
0.9%
02
0.6%

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 112.5 in the 28 days to 26 Sep, across 42,057 listings
Rental listings with at least one enquiry 37.3% in the 28 days to 26 Sep
Rental listings asking above the local going rate 39.6% more than 10% over their area's median · 41.0% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 138.0 vs 66.6 at or up to 10% over the area median vs more than 10% over it
Enquiries per 100 sale listings 26.3 in the 28 days to 26 Sep, across 98,444 listings
Sale listings with at least one enquiry 15.7% in the 28 days to 26 Sep
Sale listings asking above the local going rate 40.8% more than 10% over their area's median · 40.5% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 28.9 vs 22.1 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 26 Sep

Rental enquiries by state

01
325.7
02
115.1
03
113.4
04
103.5
05
Edo
78.6
06
Oyo
63.3
Most enquiries first · per 100 listings, in the 28 days to 26 Sep

Sale enquiries by state

01
40.0
02
39.2
03
37.3
04
35.8
05
34.4
06
33.5
07
30.3
08
24.7
09
Imo
24.3
10
20.8

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
₦13,000,000/yr
Avg ₦47,573,669/yr
Low ₦50K
High ₦840B
No. 42,057
₦8,500,000/yr
Avg ₦55,367,029/yr
Low ₦50K
High ₦840B
No. 22,885
₦18,000,000/yr
Avg ₦31,888,311/yr
Low ₦250K
High ₦3.5B
No. 15,511
₦15,000,000/yr
Avg ₦57,547,731/yr
Low ₦50K
High ₦54B
No. 3,283
₦55,000,000/yr
Avg ₦138,941,461/yr
Low ₦70K
High ₦13B
No. 353

Nigeria — property for sale

All types first
₦320,000,000
Avg ₦1,269,485,316
Low ₦300K
High ₦4,500B
No. 98,444
₦240,000,000
Avg ₦476,445,905
Low ₦600K
High ₦620B
No. 16,639
₦350,000,000
Avg ₦914,040,946
Low ₦300K
High ₦3,000B
No. 63,677
₦1,300,000,000
Avg ₦6,474,334,767
Low ₦300K
High ₦4,500B
No. 3,628
₦250,000,000
Avg ₦2,438,473,387
Low ₦300K
High ₦3,500B
No. 14,498

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
₦3,500,000/yr
Avg ₦7,165,113/yr
Low ₦50K
High ₦6.5B
No. 4,345
₦9,000,000/yr
Avg ₦13,417,934/yr
Low ₦350K
High ₦765M
No. 8,490
₦15,000,000/yr
Avg ₦27,495,431/yr
Low ₦550K
High ₦35B
No. 9,883
₦18,000,000/yr
Avg ₦27,693,517/yr
Low ₦1M
High ₦1.2B
No. 9,618
₦35,000,000/yr
Avg ₦50,511,358/yr
Low ₦1.1M
High ₦1.5B
No. 3,249

Property for sale by bedrooms

Fewest bedrooms first
₦100,000,000
Avg ₦169,084,552
Low ₦3.5M
High ₦53B
No. 1,745
₦190,000,000
Avg ₦291,142,799
Low ₦700K
High ₦240B
No. 10,405
₦200,000,000
Avg ₦392,326,707
Low ₦550K
High ₦500B
No. 13,030
₦280,000,000
Avg ₦730,016,345
Low ₦300K
High ₦3,000B
No. 27,327
₦550,000,000
Avg ₦1,053,773,134
Low ₦360K
High ₦820B
No. 21,279

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
₦2,500,000
Low ₦400K
High ₦50M
No. 21
Low ₦500K
High ₦22M
No. 27
Low ₦350K
High ₦180M
No. 140
₦4,000,000
Low ₦1.5M
High ₦47M
No. 27
Low ₦900K
High ₦220M
No. 88
₦5,400,000
Low ₦400K
High ₦100M
No. 20
₦6,500,000
Low ₦2M
High ₦30M
No. 60
Low ₦650K
High ₦850M
No. 103
₦7,000,000
Low ₦1.5M
High ₦30M
No. 72
₦7,000,000
Low ₦2M
High ₦26.7M
No. 30
₦8,500,000
Low ₦2M
High ₦65M
No. 27
₦10,000,000
Low ₦900K
High ₦60M
No. 104
₦12,500,000
Low ₦5M
High ₦48M
No. 63
₦15,000,000
Low ₦1.2M
High ₦25B
No. 55
₦16,500,000
Low ₦7.5M
High ₦100M
No. 77
Low ₦6.5M
High ₦3B
No. 22
Low ₦3.5M
High ₦3.5B
No. 107
₦22,500,000
Low ₦6M
High ₦12.5B
No. 136
Low ₦2.5M
High ₦200M
No. 73
Low ₦1.3M
High ₦369.7M
No. 514
₦35,000,000
Low ₦12M
High ₦5.5B
No. 59
₦60,000,000
Low ₦22M
High ₦27.8B
No. 57
Low ₦10M
High ₦550M
No. 298
₦200,000,000
Low ₦5M
High ₦2.6B
No. 307
₦200,000,000
Low ₦9.9M
High ₦2B
No. 81
Low ₦35M
High ₦1.5B
No. 25
₦400,000,000
Low ₦50M
High ₦900M
No. 46

Rental yield

Highest gross rental yields

Highest yield first
Price ₦100,000,000
No. 720
Price ₦250,000,000
No. 10,158
Price ₦580,000,000
No. 18,020
Price ₦150,000,000
No. 1,867
Price ₦450,000,000
No. 4,150
Price ₦280,000,000
No. 21,840
Price ₦310,000,000
No. 3,736
Price ₦145,000,000
No. 1,493
Price ₦350,000,000
No. 49,994
Price ₦200,000,000
No. 9,289
Price ₦600,000,000
No. 2,498
Price ₦400,000,000
No. 9,106
Price ₦800,000,000
No. 1,436
Price ₦800,000,000
No. 1,250

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 2-bed figure is 4.74%.

Short lets

Short lets by the night

Highest nightly rate first
Nights —
No. 93
₦350,000
Nights —
No. 124
Nights —
No. 72
Nights —
No. 37
₦350,000
Nights 86 nights
No. 22
Nights —
No. 206
Nights —
No. 38
₦320,000
Nights 125 nights
No. 294
Nights —
No. 489
Nights —
No. 129
Nights —
No. 158
Nights —
No. 34
₦250,000
Nights 200 nights
No. 1,029
Nights —
No. 55
Nights —
No. 36
₦240,000
Nights 75 nights
No. 1,294
Nights —
No. 220
₦230,000
Nights 78 nights
No. 145
Nights —
No. 52
Nights —
No. 792
Nights —
No. 472
₦210,000
Nights —
No. 28
Nights —
No. 342
₦200,000
Nights —
No. 67
₦198,000
Nights 101 nights
No. 118
₦195,000
Nights 26 nights
No. 26
Nights —
No. 25
₦190,000
Nights 95 nights
No. 3,004
₦190,000
Nights 53 nights
No. 422
Nights —
No. 306
₦190,000
Nights 21 nights
No. 46
₦190,000
Nights —
No. 44
Nights —
No. 38
Nights 151 nights
No. 1,280
Nights —
No. 1,382
Nights 250 nights
No. 132
Nights —
No. 34
Nights —
No. 33
Nights —
No. 24
Nights —
No. 20
Nights —
No. 100
₦165,000
Nights 18 nights
No. 53
Nights —
No. 52
Edo
₦165,000
Nights 11 nights
No. 29
₦165,000
Nights 11 nights
No. 29
Nights —
No. 29
Nights —
No. 2,641
Nights —
No. 45
₦160,000
Nights —
No. 22
₦150,000
Nights 87 nights
No. 12,281
₦150,000
Nights 80 nights
No. 7,012
₦150,000
Nights 67 nights
No. 4,140
₦150,000
Nights 150 nights
No. 1,263
₦150,000
Nights 50 nights
No. 688
₦150,000
Nights —
No. 285
Nights —
No. 190
Nights 27 nights
No. 125
Nights —
No. 94
Nights —
No. 51
Nights —
No. 21
Nights —
No. 409
₦145,000
Nights 90 nights
No. 274
₦145,000
Nights —
No. 113
Oyo
₦140,000
Nights 29 nights
No. 157
₦140,000
Nights 29 nights
No. 131
₦140,000
Nights 29 nights
No. 126
Nights —
No. 50
Nights —
No. 41
₦140,000
Nights —
No. 34
₦140,000
Nights —
No. 34
Nights —
No. 25
₦130,000
Nights 104 nights
No. 2,187
₦130,000
Nights 100 nights
No. 116
Nights 192 nights
No. 94
Nights —
No. 79
₦130,000
Nights —
No. 74
Nights —
No. 32
₦130,000
Nights —
No. 25
Nights —
No. 23
Nights —
No. 269
Nights —
No. 39
₦120,000
Nights 75 nights
No. 142
Nights —
No. 78
₦120,000
Nights 17 nights
No. 64
Nights —
No. 55
Nights —
No. 48
₦120,000
Nights —
No. 33
Nights 61 nights
No. 165
Nights —
No. 1,690
₦110,000
Nights 118 nights
No. 235
₦110,000
Nights —
No. 87
Nights —
No. 97
₦100,000
Nights 35 nights
No. 2,889
₦100,000
Nights 85 nights
No. 117
Nights —
No. 91
₦100,000
Nights —
No. 37
Nights —
No. 36
₦90,000
Nights 44 nights
No. 625
₦90,000
Nights 44 nights
No. 354
Nights —
No. 258
₦90,000
Nights —
No. 45
₦90,000
Nights —
No. 43
Nights —
No. 26
Nights 71 nights
No. 240
Nights —
No. 89
₦80,000
Nights 25 nights
No. 45
Nights —
No. 43
₦75,000
Nights 53 nights
No. 188
Nights —
No. 101
₦70,000
Nights —
No. 82
Nights —
No. 28
Nights —
No. 24
Nights —
No. 101

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
₦13,000,000/yr
Avg ₦51,638,886/yr
Low ₦50K
High ₦840B
No. 35,763
₦13,500,000/yr
Avg ₦26,537,086/yr
Low ₦50K
High ₦2B
No. 5,542
Oyo
₦4,000,000/yr
Avg ₦7,087,008/yr
Low ₦60K
High ₦300M
No. 264
₦4,000,000/yr
Avg ₦8,723,920/yr
Low ₦382.8K
High ₦185M
No. 212
₦2,000,000/yr
Avg ₦16,779,013/yr
Low ₦50K
High ₦450M
No. 152
Edo
₦1,738,800/yr
Avg ₦5,894,514/yr
Low ₦382.8K
High ₦66M
No. 28

Property for sale by state

Most listings first
₦350,000,000
Avg ₦1,151,038,538
Low ₦300K
High ₦4,500B
No. 76,695
₦350,000,000
Avg ₦2,189,904,060
Low ₦320K
High ₦3,500B
No. 13,975
Oyo
₦150,000,000
Avg ₦263,297,627
Low ₦500K
High ₦50B
No. 3,124
₦65,000,000
Avg ₦2,385,565,186
Low ₦400K
High ₦250B
No. 1,319
₦210,000,000
Avg ₦554,482,645
Low ₦1.5M
High ₦30B
No. 1,308
₦150,000,000
Avg ₦246,366,667
Low ₦400K
High ₦15B
No. 696
Edo
₦130,000,000
Avg ₦345,571,154
Low ₦1.5M
High ₦7.5B
No. 312
₦50,000,000
Avg ₦423,107,480
Low ₦300K
High ₦37B
No. 254
₦150,000,000
Avg ₦541,219,304
Low ₦450K
High ₦13B
No. 158
₦50,000,000
Avg ₦131,104,688
Low ₦600K
High ₦2.5B
No. 112
₦75,000,000
Avg ₦139,794,495
Low ₦1M
High ₦1.7B
No. 109
Imo
₦75,000,000
Avg ₦611,991,216
Low ₦650K
High ₦13B
No. 74
₦85,000,000
Avg ₦408,855,738
Low ₦1.8M
High ₦4.2B
No. 61
₦55,000,000
Avg ₦160,995,833
Low ₦3.6M
High ₦1.6B
No. 48
₦40,000,000
Avg ₦149,973,340
Low ₦300K
High ₦2B
No. 47
₦177,000,000
Avg ₦399,969,697
Low ₦12M
High ₦2B
No. 33
₦10,500,000
Avg ₦77,288,462
Low ₦2.5M
High ₦750M
No. 26
₦350,000,000
Avg ₦36,699,000,000
Low ₦8M
High ₦690B
No. 20

Lagos

Lagos — property for rent

Most listings first
₦13,000,000/yr
Avg ₦51,638,886/yr
Low ₦50K
High ₦840B
No. 35,763
4 property types
Flats ₦9,000,000/yr
Houses ₦18,000,000/yr
Commercial Property ₦15,000,000/yr
Land ₦60,000,000/yr
₦12,000,000/yr
Avg ₦17,604,824/yr
Low ₦70K
High ₦6.5B
No. 17,950
4 property types
Flats ₦8,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦15,000,000/yr
Land ₦100,000,000/yr
₦50,000,000/yr
Avg ₦61,465,094/yr
Low ₦100K
High ₦3.5B
No. 5,083
4 property types
Flats ₦40,000,000/yr
Houses ₦60,000,000/yr
Commercial Property ₦30,000,000/yr
Land ₦120,000,000/yr
₦4,000,000/yr
Avg ₦6,589,343/yr
Low ₦150K
High ₦1.8B
No. 3,864
4 property types
Flats ₦2,800,000/yr
Houses ₦7,500,000/yr
Commercial Property ₦5,000,000/yr
Land ₦15,000,000/yr
Avg ₦45,101,474/yr
Low ₦110K
High ₦13B
No. 3,220
4 property types
Flats ₦25,000,000/yr
Houses ₦35,000,000/yr
Commercial Property ₦59,479,200/yr
Land ₦60,000,000/yr
₦22,500,000/yr
Avg ₦538,315,146/yr
Low ₦55K
High ₦840B
No. 1,733
4 property types
Flats ₦10,000,000/yr
Houses ₦30,000,000/yr
Commercial Property ₦19,000,000/yr
Land ₦80,000,000/yr
₦2,000,000/yr
Avg ₦6,118,090/yr
Low ₦70K
High ₦240M
No. 643
4 property types
Flats ₦1,500,000/yr
Houses ₦6,000,000/yr
Commercial Property ₦11,000,000/yr
Land ₦15,000,000/yr
₦4,000,000/yr
Avg ₦11,005,895/yr
Low ₦50K
High ₦300M
No. 458
2 property types
Flats ₦3,500,000/yr
Commercial Property ₦8,000,000/yr
₦6,000,000/yr
Avg ₦8,323,842/yr
Low ₦382.8K
High ₦170M
No. 380
3 property types
Flats ₦4,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦6,000,000/yr
₦9,000,000/yr
Avg ₦17,817,790/yr
Low ₦800K
High ₦750M
No. 371
2 property types
Flats ₦6,000,000/yr
Houses ₦15,000,000/yr
₦6,000,000/yr
Avg ₦13,965,345/yr
Low ₦55K
High ₦250M
No. 314
3 property types
Flats ₦4,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦13,000,000/yr

Lagos — property for sale

Most listings first
₦350,000,000
Avg ₦1,151,038,538
Low ₦300K
High ₦4,500B
No. 76,695
4 property types
Flats ₦250,000,000
Houses ₦350,000,000
Commercial Property ₦1,600,000,000
Land ₦400,000,000
₦350,000,000
Avg ₦996,320,586
Low ₦300K
High ₦3,000B
No. 36,718
4 property types
Flats ₦245,000,000
Houses ₦400,000,000
Commercial Property ₦1,400,000,000
Land ₦600,000,000
₦165,000,000
Avg ₦312,177,326
Low ₦490K
High ₦230B
No. 9,747
4 property types
Flats ₦85,000,000
Houses ₦180,000,000
Commercial Property ₦60,000,000
Land ₦120,000,000
₦450,000,000
Avg ₦2,105,261,857
Low ₦1M
High ₦4,500B
No. 6,354
4 property types
Flats ₦260,000,000
Houses ₦450,000,000
Commercial Property ₦1,800,000,000
Land ₦1,000,000,000
₦1,700,000,000
Avg ₦2,854,158,244
Low ₦700K
High ₦370B
No. 5,465
4 property types
Flats ₦800,000,000
Houses ₦2,300,000,000
Commercial Property ₦5,000,000,000
Land ₦2,500,000,000
Avg ₦2,299,703,637
Low ₦600K
High ₦500B
No. 3,644
4 property types
Flats ₦500,000,000
Houses ₦800,000,000
Commercial Property ₦4,500,000,000
Land ₦4,200,000,000
Avg ₦314,696,819
Low ₦1M
High ₦85B
No. 1,845
4 property types
Flats ₦90,000,000
Houses ₦93,600,000
Commercial Property ₦730,000,000
Land ₦47,000,000
₦400,000,000
Avg ₦471,455,081
Low ₦600K
High ₦5.7B
No. 1,801
3 property types
Flats ₦240,000,000
Houses ₦450,000,000
Land ₦400,000,000
₦280,000,000
Avg ₦788,014,095
Low ₦850K
High ₦16.5B
No. 1,387
4 property types
Flats ₦110,000,000
Houses ₦330,000,000
Commercial Property ₦850,000,000
Land ₦350,000,000
₦250,000,000
Avg ₦285,544,611
Low ₦5M
High ₦3B
No. 1,132
3 property types
Flats ₦150,000,000
Houses ₦320,000,000
Land ₦180,000,000
₦225,000,000
Avg ₦488,410,945
Low ₦900K
High ₦10B
No. 804
4 property types
Flats ₦150,000,000
Houses ₦270,000,000
Commercial Property ₦1,000,000,000
Land ₦400,000,000

Abuja

Abuja — property for rent

Most listings first
₦13,500,000/yr
Avg ₦26,537,086/yr
Low ₦50K
High ₦2B
No. 5,542
4 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
Commercial Property ₦13,500,000/yr
Land ₦15,000,000/yr
₦20,000,000/yr
Avg ₦24,899,400/yr
Low ₦700K
High ₦300M
No. 500
2 property types
Flats ₦11,000,000/yr
Houses ₦25,000,000/yr
Avg ₦63,623,779/yr
Low ₦382.8K
High ₦800M
No. 459
3 property types
Flats ₦25,000,000/yr
Houses ₦60,000,000/yr
Commercial Property ₦19,774,800/yr
₦13,000,000/yr
Avg ₦23,689,713/yr
Low ₦1.8M
High ₦1B
No. 453
2 property types
Flats ₦10,000,000/yr
Houses ₦18,000,000/yr
Avg ₦42,156,457/yr
Low ₦130K
High ₦1.2B
No. 451
3 property types
Flats ₦15,000,000/yr
Houses ₦35,000,000/yr
Commercial Property ₦13,500,000/yr
₦13,000,000/yr
Avg ₦22,601,244/yr
Low ₦850K
High ₦210M
No. 442
2 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
₦7,000,000/yr
Avg ₦12,132,523/yr
Low ₦382.8K
High ₦400M
No. 302
3 property types
Flats ₦4,500,000/yr
Houses ₦12,000,000/yr
Commercial Property ₦7,000,000/yr
₦13,000,000/yr
Avg ₦21,984,519/yr
Low ₦2M
High ₦1B
No. 239
2 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
₦8,500,000/yr
Avg ₦11,858,739/yr
Low ₦1M
High ₦150M
No. 222
2 property types
Flats ₦5,000,000/yr
Houses ₦12,000,000/yr
Avg ₦7,118,889/yr
Low ₦70K
High ₦90M
No. 144
2 property types
Flats ₦4,000,000/yr
Houses ₦6,500,000/yr
Apo
₦10,000,000/yr
Avg ₦23,565,000/yr
Low ₦700K
High ₦1.2B
No. 140
2 property types
Flats ₦6,000,000/yr
Houses ₦12,000,000/yr

Abuja — property for sale

Most listings first
₦350,000,000
Avg ₦2,189,904,060
Low ₦320K
High ₦3,500B
No. 13,975
4 property types
Flats ₦145,000,000
Houses ₦400,000,000
Commercial Property ₦2,500,000,000
Land ₦315,000,000
₦650,000,000
Avg ₦7,491,006,033
Low ₦320K
High ₦3,500B
No. 1,383
3 property types
Flats ₦210,000,000
Houses ₦700,000,000
Land ₦850,000,000
₦450,000,000
Avg ₦885,729,954
Low ₦1.3M
High ₦25B
No. 1,331
3 property types
Flats ₦150,000,000
Houses ₦600,000,000
Land ₦530,000,000
₦400,000,000
Avg ₦1,136,553,897
Low ₦3.6M
High ₦380B
No. 911
3 property types
Flats ₦190,000,000
Houses ₦400,000,000
Land ₦700,000,000
Avg ₦473,519,466
Low ₦1M
High ₦55B
No. 878
4 property types
Flats ₦85,000,000
Houses ₦120,000,000
Commercial Property ₦1,700,000,000
Land ₦24,937,050
Avg ₦2,467,009,222
Low ₦3M
High ₦40B
No. 835
3 property types
Houses ₦1,500,000,000
Commercial Property ₦15,000,000,000
Land ₦600,000,000
₦230,000,000
Avg ₦529,029,421
Low ₦6M
High ₦15B
No. 775
3 property types
Flats ₦100,000,000
Houses ₦250,000,000
Land ₦200,000,000
Apo
₦280,000,000
Avg ₦1,191,834,140
Low ₦2.6M
High ₦270B
No. 764
4 property types
Flats ₦120,000,000
Houses ₦380,000,000
Commercial Property ₦350,000,000
Land ₦69,650,000
Avg ₦3,687,629,161
Low ₦3M
High ₦35B
No. 727
3 property types
Flats ₦600,000,000
Houses ₦2,400,000,000
Land ₦2,600,000,000
₦300,000,000
Avg ₦3,170,624,056
Low ₦13M
High ₦1,800B
No. 713
4 property types
Flats ₦90,000,000
Houses ₦350,000,000
Commercial Property ₦258,000,000
Land ₦250,000,000
₦400,000,000
Avg ₦784,354,643
Low ₦25M
High ₦13B
No. 499
3 property types
Flats ₦150,000,000
Houses ₦520,000,000
Land ₦850,000,000

Oyo

Oyo — property for rent

Most listings first
₦4,000,000/yr
Avg ₦7,087,008/yr
Low ₦60K
High ₦300M
No. 264
3 property types
Flats ₦2,000,000/yr
Houses ₦8,000,000/yr
Commercial Property ₦5,000,000/yr
₦4,000,000/yr
Avg ₦7,150,816/yr
Low ₦60K
High ₦300M
No. 245
3 property types
Flats ₦2,000,000/yr
Houses ₦8,000,000/yr
Commercial Property ₦5,500,000/yr

Oyo — property for sale

Most listings first
₦150,000,000
Avg ₦263,297,627
Low ₦500K
High ₦50B
No. 3,124
4 property types
Flats ₦80,000,000
Houses ₦160,000,000
Commercial Property ₦380,000,000
Land ₦120,000,000
₦155,000,000
Avg ₦252,253,937
Low ₦500K
High ₦30B
No. 2,819
4 property types
Flats ₦80,000,000
Houses ₦170,000,000
Commercial Property ₦400,000,000
Land ₦130,000,000
₦95,000,000
Avg ₦212,903,448
Low ₦3.5M
High ₦3.6B
No. 145
2 property types
Houses ₦95,000,000
Land ₦80,000,000
₦150,000,000
Avg ₦211,398,438
Low ₦8M
High ₦1.5B
No. 64
1 property type
Houses ₦120,000,000
₦140,000,000
Avg ₦2,047,931,034
Low ₦15M
High ₦50B
No. 29

Ogun

Ogun — property for rent

Most listings first
₦2,000,000/yr
Avg ₦16,779,013/yr
Low ₦50K
High ₦450M
No. 152
2 property types
Flats ₦1,500,000/yr
Commercial Property ₦35,000,000/yr
₦3,000,000/yr
Avg ₦14,245,833/yr
Low ₦750K
High ₦140M
No. 36
1 property type
Flats ₦2,500,000/yr
₦1,000,000/yr
Avg ₦22,694,444/yr
Low ₦350K
High ₦160M
No. 27
₦1,500,000/yr
Avg ₦4,178,000/yr
Low ₦700K
High ₦60M
No. 25
1 property type
Flats ₦1,500,000/yr

Ogun — property for sale

Most listings first
₦65,000,000
Avg ₦2,385,565,186
Low ₦400K
High ₦250B
No. 1,319
4 property types
Flats ₦47,000,000
Houses ₦75,000,000
Commercial Property ₦750,000,000
Land ₦17,000,000
₦42,500,000
Avg ₦1,783,690,164
Low ₦3M
High ₦250B
No. 183
2 property types
Houses ₦60,000,000
Land ₦10,500,000
₦75,000,000
Avg ₦157,340,604
Low ₦4.5M
High ₦6B
No. 149
2 property types
Houses ₦85,000,000
Land ₦13,000,000
Ifo
₦85,000,000
Avg ₦1,065,461,111
Low ₦1M
High ₦120B
No. 144
3 property types
Houses ₦85,000,000
Commercial Property ₦320,000,000
Land ₦35,000,000
₦150,000,000
Avg ₦308,250,000
Low ₦15M
High ₦6B
No. 144
2 property types
Houses ₦180,000,000
Land ₦90,000,000
₦65,000,000
Avg ₦15,494,606,061
Low ₦5M
High ₦250B
No. 99
2 property types
Houses ₦65,000,000
Land ₦40,000,000
₦33,000,000
Avg ₦129,867,568
Low ₦400K
High ₦4B
No. 74
2 property types
Houses ₦48,500,000
Land ₦8,000,000
₦50,500,000
Avg ₦579,092,708
Low ₦1.8M
High ₦7B
No. 72
2 property types
Houses ₦45,000,000
Commercial Property ₦650,000,000
₦9,525,000
Avg ₦183,521,909
Low ₦600K
High ₦3B
No. 55
1 property type
Land ₦4,000,000
₦50,000,000
Avg ₦10,572,739,583
Low ₦3.5M
High ₦250B
No. 48
1 property type
Houses ₦45,000,000
₦300,000,000
Avg ₦1,394,031,915
Low ₦1.4M
High ₦10B
No. 47
1 property type
Land ₦150,000,000

Rivers

Rivers — property for rent

Most listings first
₦4,000,000/yr
Avg ₦8,723,920/yr
Low ₦382.8K
High ₦185M
No. 212
3 property types
Flats ₦2,500,000/yr
Houses ₦10,000,000/yr
Commercial Property ₦5,529,600/yr
₦4,000,000/yr
Avg ₦8,723,920/yr
Low ₦382.8K
High ₦185M
No. 212
3 property types
Flats ₦2,500,000/yr
Houses ₦10,000,000/yr
Commercial Property ₦5,529,600/yr

Rivers — property for sale

Most listings first
₦210,000,000
Avg ₦554,482,645
Low ₦1.5M
High ₦30B
No. 1,308
4 property types
Flats ₦120,000,000
Houses ₦230,000,000
Commercial Property ₦650,000,000
Land ₦60,000,000
Avg ₦561,702,138
Low ₦1.5M
High ₦30B
No. 1,286
4 property types
Flats ₦120,000,000
Houses ₦230,000,000
Commercial Property ₦850,000,000
Land ₦60,000,000

Enugu

Enugu — property for sale

Most listings first
₦150,000,000
Avg ₦246,366,667
Low ₦400K
High ₦15B
No. 696
4 property types
Flats ₦120,000,000
Houses ₦160,000,000
Commercial Property ₦350,000,000
Land ₦50,000,000
₦150,000,000
Avg ₦247,945,468
Low ₦400K
High ₦15B
No. 684
4 property types
Flats ₦120,000,000
Houses ₦160,000,000
Commercial Property ₦400,000,000
Land ₦50,000,000

Edo

Edo — property for rent

Most listings first
₦1,738,800/yr
Avg ₦5,894,514/yr
Low ₦382.8K
High ₦66M
No. 28
₦1,738,800/yr
Avg ₦3,790,246/yr
Low ₦382.8K
High ₦17M
No. 26

Edo — property for sale

Most listings first
₦130,000,000
Avg ₦345,571,154
Low ₦1.5M
High ₦7.5B
No. 312
3 property types
Houses ₦140,000,000
Commercial Property ₦350,000,000
Land ₦80,000,000
₦150,000,000
Avg ₦345,650,940
Low ₦1.5M
High ₦5B
No. 266
3 property types
Houses ₦150,000,000
Commercial Property ₦380,000,000
Land ₦90,000,000
₦75,000,000
Avg ₦121,502,273
Low ₦3M
High ₦650M
No. 22

Akwa Ibom

Akwa Ibom — property for sale

Most listings first
₦50,000,000
Avg ₦423,107,480
Low ₦300K
High ₦37B
No. 254
2 property types
Houses ₦75,000,000
Land ₦25,000,000
₦50,000,000
Avg ₦107,009,787
Low ₦300K
High ₦1B
No. 235
2 property types
Houses ₦75,000,000
Land ₦25,000,000

Delta

Delta — property for sale

Most listings first
₦150,000,000
Avg ₦541,219,304
Low ₦450K
High ₦13B
No. 158
3 property types
Houses ₦275,000,000
Commercial Property ₦1,000,000,000
Land ₦15,000,000
₦200,000,000
Avg ₦351,945,455
Low ₦450K
High ₦3.5B
No. 121
2 property types
Houses ₦280,000,000
Land ₦15,000,000

Osun

Osun — property for sale

Most listings first
₦50,000,000
Avg ₦131,104,688
Low ₦600K
High ₦2.5B
No. 112
2 property types
Houses ₦60,000,000
Land ₦15,000,000
₦45,000,000
Avg ₦136,627,250
Low ₦600K
High ₦2.5B
No. 100
2 property types
Houses ₦60,000,000
Land ₦15,000,000

Ondo

Ondo — property for sale

Most listings first
₦75,000,000
Avg ₦139,794,495
Low ₦1M
High ₦1.7B
No. 109
2 property types
Houses ₦65,000,000
Land ₦60,000,000
₦75,000,000
Avg ₦140,903,704
Low ₦1M
High ₦1.7B
No. 108
2 property types
Houses ₦72,000,000
Land ₦60,000,000

Imo

Imo — property for sale

Most listings first
₦75,000,000
Avg ₦611,991,216
Low ₦650K
High ₦13B
No. 74
2 property types
Houses ₦160,000,000
Land ₦8,500,000
Avg ₦922,625,556
Low ₦650K
High ₦13B
No. 45
1 property type
Houses ₦170,000,000

Anambra

Anambra — property for sale

Most listings first
₦85,000,000
Avg ₦408,855,738
Low ₦1.8M
High ₦4.2B
No. 61
2 property types
Houses ₦150,000,000
Land ₦35,000,000
₦90,000,000
Avg ₦501,693,333
Low ₦1.8M
High ₦4.2B
No. 45
1 property type
Land ₦35,000,000

Nasarawa

Nasarawa — property for sale

Most listings first
₦55,000,000
Avg ₦160,995,833
Low ₦3.6M
High ₦1.6B
No. 48
2 property types
Houses ₦46,200,000
Land ₦50,000,000
₦50,000,000
Avg ₦131,611,765
Low ₦3.6M
High ₦650M
No. 34

Kwara

Kwara — property for sale

Most listings first
₦40,000,000
Avg ₦149,973,340
Low ₦300K
High ₦2B
No. 47
1 property type
Houses ₦40,000,000
₦42,000,000
Avg ₦74,809,524
Low ₦18M
High ₦600M
No. 21

Kano

Kano — property for sale

Most listings first
₦177,000,000
Avg ₦399,969,697
Low ₦12M
High ₦2B
No. 33
1 property type
Houses ₦170,000,000

Abia

Abia — property for sale

Most listings first
₦10,500,000
Avg ₦77,288,462
Low ₦2.5M
High ₦750M
No. 26
₦10,000,000
Avg ₦62,185,714
Low ₦2.5M
High ₦750M
No. 21

Kaduna

Kaduna — property for sale

Most listings first
₦350,000,000
Avg ₦36,699,000,000
Low ₦8M
High ₦690B
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 ₦320,000,000, across 98,444 published listings.

What is the median rent in Nigeria?

In Q3 2026 the median advertised rent in Nigeria was ₦13,000,000/yr, across 42,057 published listings.

Which state has the most expensive property in Nigeria?

Lagos, 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 76 days from publication to the agent recording the sale, measured over the last 12 months across 5,164 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, 0.6% of published listings for sale in Nigeria had their asking price cut by the advertiser, and 0.7% had it raised, with a median cut of 10.0%. It leaves out corrections made within an hour of publishing. Covers 11 Sep – 28 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 26 Sep 2026, rental listings in Nigeria received 112.5 enquiries per 100 listings, and 37.3% of listings received at least one, across 42,057 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.

For the monthly view, see our average property prices and demand vs supply report, or browse every quarterly report.

Using this data.

Free to use with credit. You can quote and republish these figures, as long as you credit Nigeria Property Centre and link back to this report. They are licensed under CC BY 4.0, as set out in our terms of use.

Source: Nigeria Property Centre, Nigeria property asking prices, Q3 2026, https://nigeriapropertycentre.com/market-reports/q3-2026