Nigeria Property Centre
Market Report · Q4 2026

Nigeria property asking prices, Q4 2026.

Published 3 October 2026 · Updated 9 November 2026 · Covering 1 Oct – 31 Dec 2026

Median for rent
₦12.8M/yr
Not comparable
Median for sale
₦303.6M
Not comparable
3-bed
₦195M
-2.5% QoQ
Per plot
₦25M
0% QoQ
Best yield
7.5%
Maryland
Short let
₦150K a night
0% QoQ
To sell
94 days
from 2,739 sales · Time to Let and Sell Index, Q3 2026 release
Priciest
Lagos
₦321.2M median
Listings
134,525
47 areas, 18 states

Key findings

  • Lagos is the most expensive of the 16 ranked states to buy property, with a median asking price of ₦321,191,211 across 59,688 listings.
  • The most affordable of the 16 ranked states to buy is Kwara, with a median asking price of ₦25,710,979 across 26 listings.
  • Lagos has the highest median rent, at ₦13,099,449/yr.
  • Homes took a median of 94 days to sell and 28 days to let (Time to Let and Sell Index, Q3 2026 release).
  • The highest gross rental yield in the report is 7.5% on houses in Maryland.
  • Land is advertised by the plot, and the spread is wide: a plot asks ₦3,500,000 in Ado-Odo/Ota against ₦400,000,000 in Ikeja.
  • A short let in Lagos asks ₦155,000 a night — the equivalent of a year’s rent in 84 nights.
  • Lagos accounts for the largest share of the market, with 96,092 of the 134,525 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.

Q4 2026 · Top 9 states

Median rent by state

01
₦13.1M/yr
02
₦12.5M/yr
03
₦5.3M/yr
04
Oyo
₦3.8M/yr
05
₦3.6M/yr
06
₦2.1M/yr
07
₦1.5M/yr
08
Edo
₦1.5M/yr
09
₦1.5M/yr
Q4 2026 · Top 10 states

Median sale asking price by state

01
₦321.2M
02
₦291.8M
03
₦240.4M
04
₦219M
05
₦203.8M
06
₦162.1M
07
Oyo
₦150.6M
08
₦140.7M
09
Imo
₦131.7M
10
Edo
₦92.9M

How fast the market moves

Time to Let and Sell Index, Q3 2026 release

Median days to let 28 days from 6,771 lets
Median days to sell 94 days from 2,739 sales
Fastest first · Time to Let and Sell Index, Q3 2026 release

Days to let by state

01
Oyo
21 days
02
27 days
03
28 days
04
29 days
05
54 days
Fastest first · Time to Let and Sell Index, Q3 2026 release

Days to sell by state

01
85 days
02
89 days
03
98 days
04
Oyo
154 days
05
157 days

Median days from when a listing was created to when its advertiser first marked it let or sold, from the Nigeria Property Centre Time to Let and Sell Index. It counts only listings that let or sold, so it is how long those took rather than how long a property should be expected to wait.

See the Time to Let and Sell Index, Q3 2026 release

How asking prices are moving

Covers 1 Oct – 9 Nov 2026.

Rental listings repriced 5.8% 3.7% cut · 2.1% raised
Median rental price cut 12.0% across 1,525 listings cut
Days to a first cut on rental listings 10 days median, from publication to the first cut
Rental cuts moving towards the local median 44.9% of cuts in areas with a comparable median
Sale listings repriced 2.8% 1.6% cut · 1.4% raised
Median sale price cut 9.1% across 1,466 listings cut
Days to a first cut on sale listings 10 days median, from publication to the first cut
Sale cuts moving towards the local median 48.8% of cuts in areas with a comparable median
Most cuts first · share of live listings

Rental listings cut by state

01
4.0%
02
3.7%
Most cuts first · share of live listings

Sale listings cut by state

01
3.3%
02
2.8%
03
2.1%
04
1.6%
05
1.5%
06
Oyo
1.0%

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 114.0 in the 28 days to 6 Nov, across 40,389 listings
Rental listings with at least one enquiry 38.6% in the 28 days to 6 Nov
Rental listings asking above the local going rate 39.8% more than 10% over their area's median · 40.7% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 138.2 vs 71.1 at or up to 10% over the area median vs more than 10% over it
Enquiries per 100 sale listings 25.4 in the 28 days to 6 Nov, across 91,797 listings
Sale listings with at least one enquiry 15.5% in the 28 days to 6 Nov
Sale listings asking above the local going rate 41.4% more than 10% over their area's median · 40.4% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 27.8 vs 21.6 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 6 Nov

Rental enquiries by state

01
325.9
02
294.0
03
133.3
04
115.3
05
100.9
06
92.2
07
Edo
82.4
08
Oyo
70.8
09
48.5
Most enquiries first · per 100 listings, in the 28 days to 6 Nov

Sale enquiries by state

01
65.4
02
48.7
03
39.2
04
36.7
05
Imo
30.7
06
30.0
07
25.0
08
24.0
09
23.2
10
21.7

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

Method changed: figures now come from the monthly index From Q4 2026, rent and sale figures come from the quarter's last monthly release of the Rent Index and House Price Index. Earlier quarters used the previous method: median asking price of listings created in the previous six months. A change on last quarter or on a year ago is shown only when both quarters use the index.
How the method changed
All property ₦12.8MQ4 2026 Typical ₦6.4M–₦26.5M Listings: 43,456 On last quarter: Not comparable On a year ago: Not comparable
Flats and apartments ₦9.2MQ4 2026 Typical ₦4.5M–₦20.7M Listings: 25,749 On last quarter: Not comparable On a year ago: Not comparable
Houses ₦17.9MQ4 2026 Typical ₦10.2M–₦38.3M Listings: 17,731 On last quarter: Not comparable On a year ago: Not comparable

Grouped median of flats and houses (1–5 bedrooms) live on any day of October 2026, or first published in it. Figures by state, locality and bedroom count are on the Rent Index page.

All property ₦303.6MQ4 2026 Typical ₦163M–₦585M Listings: 74,484 On last quarter: Not comparable On a year ago: Not comparable
Flats and apartments ₦230.2MQ4 2026 Typical ₦130.8M–₦435.3M Listings: 18,344 On last quarter: Not comparable On a year ago: Not comparable
Houses ₦333.4MQ4 2026 Typical ₦177.2M–₦629.8M Listings: 56,209 On last quarter: Not comparable On a year ago: Not comparable

Grouped median of flats and houses (1–5 bedrooms) live on any day of October 2026, or first published in it. The House Price Index covers flats and houses.

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 ₦5,439,707/yr
Low ₦100K
High ₦700M
No. 4,431
₦8,500,000/yr
Avg ₦12,308,038/yr
Low ₦250K
High ₦1.4B
No. 8,434
₦15,000,000/yr
Avg ₦34,312,917/yr
Low ₦300K
High ₦45B
No. 9,522
₦20,000,000/yr
Avg ₦29,155,137/yr
Low ₦260K
High ₦2B
No. 9,286
₦35,000,000/yr
Avg ₦49,682,342/yr
Low ₦1.1M
High ₦1.2B
No. 3,109

Property for sale by bedrooms

Fewest bedrooms first
₦100,000,000
Avg ₦169,670,386
Low ₦4M
High ₦53B
No. 1,671
₦180,000,000
Avg ₦298,984,477
Low ₦700K
High ₦240B
No. 9,715
₦195,000,000
Avg ₦359,979,870
Low ₦677.3K
High ₦85B
No. 12,788
₦275,000,000
Avg ₦653,929,022
Low ₦320K
High ₦3,000B
No. 24,994
₦580,000,000
Avg ₦1,108,309,945
Low ₦490K
High ₦820B
No. 19,344

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
₦3,500,000
Low ₦1M
High ₦47M
No. 28
Low ₦800K
High ₦160M
No. 124
Low ₦600K
High ₦220M
No. 75
Low ₦650K
High ₦46M
No. 67
₦6,000,000
Low ₦1.5M
High ₦30M
No. 43
₦6,500,000
Low ₦2M
High ₦39M
No. 22
₦7,500,000
Low ₦1.5M
High ₦28.5M
No. 57
Low ₦1M
High ₦55M
No. 94
₦12,000,000
Low ₦4.5M
High ₦48M
No. 38
₦13,725,000
Low ₦2M
High ₦26.7M
No. 24
₦14,500,000
Low ₦3.5M
High ₦28M
No. 24
Low ₦2.8M
High ₦3B
No. 29
Low ₦1M
High ₦164.7M
No. 85
₦18,000,000
Low ₦7.5M
High ₦100M
No. 69
₦20,250,000
Low ₦3.2M
High ₦12.5B
No. 137
₦27,000,000
Low ₦1M
High ₦25B
No. 55
₦29,000,000
Low ₦4.7M
High ₦1.7B
No. 54
Low ₦1.3M
High ₦948.8M
No. 486
Low ₦1M
High ₦300M
No. 100
₦35,000,000
Low ₦12M
High ₦5.5B
No. 38
₦42,000,000
Low ₦10.5M
High ₦27.8B
No. 38
Low ₦19.2M
High ₦550M
No. 267
Low ₦7M
High ₦1.5B
No. 35
₦200,000,000
Low ₦9M
High ₦2.6B
No. 273
₦400,000,000
Low ₦50M
High ₦900M
No. 31

Rental yield

From Q4 2026, yields come from the House Price Index. Not comparable with Q3 2026.
See every area's yield on the House Price Index

Highest gross rental yields

Highest yield first
Price ₦342,488,600
No. 148
Price ₦92,806,312
No. 172
Price ₦152,318,948
No. 594
Price ₦108,415,574
No. 570
Price ₦163,666,654
No. 1,109
Price ₦155,967,219
No. 2,137
Price ₦338,073,799
No. 100
Price ₦408,709,280
No. 532
Price ₦169,364,982
No. 1,016
Price ₦966,154,943
No. 176
Price ₦93,861,986
No. 236
Price ₦285,125,619
No. 7,820
Price ₦637,471,917
No. 3,362
Price ₦204,472,813
No. 129
Price ₦170,941,834
No. 158

Gross yield is a year's typical asking rent divided by the typical asking price, for the same area, property type and size, from the October 2026 release of the House Price Index. Each row is one property type, flats or houses, at one size or all sizes; the two are never mixed. Both sides need at least 100 listings, and yields outside 1–12% are not published. Listings is the smaller of the two counts. It is gross of service charge, maintenance, agency fees, empty months and tax. Across Nigeria as a whole, the houses figure is 5.4%.

Short lets

Short lets by the night

Highest nightly rate first
Nights —
No. 121
Nights —
No. 207
Nights —
No. 72
₦350,000
Nights 100 nights
No. 296
₦350,000
Nights —
No. 139
Nights —
No. 54
Nights —
No. 36
Nights —
No. 542
Nights —
No. 22
Nights —
No. 148
Nights —
No. 168
Nights —
No. 23
₦265,000
Nights 189 nights
No. 1,140
₦250,000
Nights 80 nights
No. 1,363
Nights —
No. 50
Nights —
No. 25
Nights —
No. 244
₦240,000
Nights 79 nights
No. 108
Nights —
No. 795
Nights —
No. 467
Nights —
No. 45
Nights 214 nights
No. 105
₦210,000
Nights —
No. 25
₦200,000
Nights 80 nights
No. 3,041
Nights 140 nights
No. 1,319
Nights —
No. 380
₦200,000
Nights 50 nights
No. 311
₦200,000
Nights 25 nights
No. 66
Nights —
No. 59
₦200,000
Nights —
No. 41
₦199,999
Nights —
No. 36
Nights —
No. 318
₦190,000
Nights 105 nights
No. 88
Nights —
No. 1,376
Nights —
No. 79
Nights —
No. 26
Oyo
₦170,000
Nights 21 nights
No. 203
₦170,000
Nights 21 nights
No. 177
₦170,000
Nights 18 nights
No. 35
Nights —
No. 34
Edo
₦170,000
Nights 9 nights
No. 31
₦170,000
Nights 9 nights
No. 31
Nights —
No. 23
Nights —
No. 22
₦160,000
Nights 56 nights
No. 4,196
Nights —
No. 2,639
₦160,000
Nights 156 nights
No. 235
Nights —
No. 57
Nights —
No. 44
Nights —
No. 28
Nights —
No. 21
₦155,000
Nights 84 nights
No. 12,418
₦150,000
Nights 80 nights
No. 6,967
₦150,000
Nights 147 nights
No. 1,285
₦150,000
Nights 47 nights
No. 515
Nights —
No. 396
Nights —
No. 197
₦150,000
Nights —
No. 89
₦150,000
Nights 13 nights
No. 83
Nights 30 nights
No. 81
Nights —
No. 73
₦150,000
Nights 13 nights
No. 27
₦150,000
Nights 17 nights
No. 27
Nights 103 nights
No. 102
₦140,000
Nights 93 nights
No. 216
₦140,000
Nights 32 nights
No. 87
Nights —
No. 23
Nights —
No. 26
₦135,000
Nights —
No. 49
Nights —
No. 34
₦130,000
Nights 100 nights
No. 1,721
Nights —
No. 255
Nights 231 nights
No. 79
Nights —
No. 75
Nights —
No. 72
Nights —
No. 33
₦130,000
Nights —
No. 24
₦129,000
Nights —
No. 23
₦125,000
Nights 96 nights
No. 92
₦120,000
Nights 75 nights
No. 158
Nights —
No. 76
Nights —
No. 65
Nights —
No. 32
Nights —
No. 21
Nights —
No. 35
Nights —
No. 1,620
Nights 59 nights
No. 126
₦105,000
Nights 162 nights
No. 168
₦105,000
Nights 86 nights
No. 99
Nights 57 nights
No. 63
₦105,000
Nights 15 nights
No. 22
₦100,000
Nights 35 nights
No. 2,831
Nights —
No. 87
₦100,000
Nights —
No. 20
Nights —
No. 276
₦90,000
Nights 39 nights
No. 487
₦90,000
Nights 44 nights
No. 342
Nights 67 nights
No. 247
₦90,000
Nights 17 nights
No. 43
₦90,000
Nights —
No. 38
Nights —
No. 29
₦80,000
Nights 50 nights
No. 203
Nights —
No. 95
Nights —
No. 34
₦80,000
Nights —
No. 32
Nights —
No. 104
₦70,000
Nights —
No. 53
Nights —
No. 92
Nights —
No. 26

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

Flats and houses for rent by state · Median yearly rent, Q4 2026

Figures from the October 2026 release of the Rent Indexreleased 8 Nov 2026
Lagos ₦13.1MQ4 2026 Typical ₦6.5M–₦27.6M Listings: 36,404 On last quarter: Not comparable On a year ago: Not comparable
Abuja ₦12.5MQ4 2026 Typical ₦7.2M–₦23.7M Listings: 6,358 On last quarter: Not comparable On a year ago: Not comparable
Oyo ₦3.8MQ4 2026 Typical ₦1.5M–₦7.6M Listings: 233 On last quarter: Not comparable On a year ago: Not comparable
Ogun ₦1.5MQ4 2026 Typical ₦768.4K–₦2.9M Listings: 220 On last quarter: Not comparable On a year ago: Not comparable
Rivers ₦5.3MQ4 2026 Typical ₦2.9M–₦10.5M Listings: 163 On last quarter: Not comparable On a year ago: Not comparable
Akwa Ibom 3-month figure ₦3.6MQ4 2026 Typical ₦1.5M–₦5.7M Listings: 27 On last quarter: Not comparable On a year ago: Not comparable
Enugu Small sample ₦2.1MQ4 2026 Typical ₦1.3M–₦3.5M Listings: 24 On last quarter: Not comparable On a year ago: Not comparable
Delta Small sample ₦1.5MQ4 2026 Typical ₦1.2M–₦3.3M Listings: 21 On last quarter: Not comparable On a year ago: Not comparable
Edo 3-month figure ₦1.5MQ4 2026 Typical ₦760.9K–₦3.3M Listings: 21 On last quarter: Not comparable On a year ago: Not comparable

8 more states: no figure for October 2026

Grouped median of flats and houses (1–5 bedrooms) live on any day of October 2026, or first published in it. Busiest first. Land and commercial property are in the weekly snapshot figures in each state below.

Flats and houses for sale by state · Median asking price, Q4 2026

Figures from the October 2026 release of the House Price Indexreleased 8 Nov 2026
Lagos ₦321.2MQ4 2026 Typical ₦172.4M–₦621.7M Listings: 59,688 On last quarter: Not comparable On a year ago: Not comparable
Abuja ₦291.8MQ4 2026 Typical ₦158.8M–₦557.6M Listings: 10,951 On last quarter: Not comparable On a year ago: Not comparable
Oyo ₦150.6MQ4 2026 Typical ₦71.8M–₦264.7M Listings: 1,234 On last quarter: Not comparable On a year ago: Not comparable
Rivers ₦203.8MQ4 2026 Typical ₦116.6M–₦362.1M Listings: 879 On last quarter: Not comparable On a year ago: Not comparable
Ogun ₦74.5MQ4 2026 Typical ₦48.5M–₦138.8M Listings: 827 On last quarter: Not comparable On a year ago: Not comparable
Enugu ₦162.1MQ4 2026 Typical ₦113.2M–₦245M Listings: 392 On last quarter: Not comparable On a year ago: Not comparable
Edo ₦92.9MQ4 2026 Typical ₦49M–₦168M Listings: 112 On last quarter: Not comparable On a year ago: Not comparable
Akwa Ibom Small sample ₦68.4MQ4 2026 Typical ₦43.8M–₦163.4M Listings: 93 On last quarter: Not comparable On a year ago: Not comparable
Delta Small sample ₦219MQ4 2026 Typical ₦102.2M–₦351M Listings: 78 On last quarter: Not comparable On a year ago: Not comparable
Osun Small sample ₦46.4MQ4 2026 Typical ₦28.3M–₦91.5M Listings: 52 On last quarter: Not comparable On a year ago: Not comparable
Ondo Small sample ₦86.5MQ4 2026 Typical ₦48.9M–₦118.8M Listings: 45 On last quarter: Not comparable On a year ago: Not comparable
Imo Small sample ₦131.7MQ4 2026 Typical ₦97.9M–₦207.9M Listings: 37 On last quarter: Not comparable On a year ago: Not comparable
Anambra Small sample ₦140.7MQ4 2026 Typical ₦86.7M–₦266.3M Listings: 35 On last quarter: Not comparable On a year ago: Not comparable
Kwara Small sample ₦25.7MQ4 2026 Typical ₦16.8M–₦81.8M Listings: 26 On last quarter: Not comparable On a year ago: Not comparable
Nasarawa Small sample ₦49.7MQ4 2026 Typical ₦32.2M–₦69.8M Listings: 24 On last quarter: Not comparable On a year ago: Not comparable
Kaduna 3-month figure ₦240.4MQ4 2026 Typical ₦153.7M–₦430.4M Listings: 22 On last quarter: Not comparable On a year ago: Not comparable

12 more states: no figure for October 2026

Grouped median of flats and houses (1–5 bedrooms) live on any day of October 2026, or first published in it. Busiest first. Land and commercial property are in the weekly snapshot figures in each state below.

Lagos

Lagos — property for rent

Most listings first
₦13.1M
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 36,404
QoQ Not comparable
4 property types
Flats and apartments Rent Index, October 2026 release ₦9.8M
Houses Rent Index, October 2026 release ₦18.1M
Commercial Property Weekly listings snapshot ₦17,000,000/yr
Land Weekly listings snapshot ₦60,000,000/yr
₦12,000,000/yr
Avg ₦18,211,084/yr
Low ₦70K
High ₦25B
No. 17,138
QoQ 0%
4 property types
Flats ₦8,000,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦15,000,000/yr
Land ₦100,000,000/yr
₦50,000,000/yr
Avg ₦72,296,950/yr
Low ₦230K
High ₦45B
No. 5,056
QoQ 0%
4 property types
Flats ₦40,000,000/yr
Houses ₦64,999,000/yr
Commercial Property ₦60,000,000/yr
Land ₦120,000,000/yr
₦4,000,000/yr
Avg ₦6,825,813/yr
Low ₦50K
High ₦2B
No. 3,742
QoQ 0%
4 property types
Flats ₦3,000,000/yr
Houses ₦7,500,000/yr
Commercial Property ₦5,000,000/yr
Land ₦20,000,000/yr
Avg ₦47,281,661/yr
Low ₦130K
High ₦13B
No. 2,989
QoQ 0%
4 property types
Flats ₦25,000,000/yr
Houses ₦40,000,000/yr
Commercial Property ₦60,000,000/yr
Land ₦55,000,000/yr
₦22,000,000/yr
Avg ₦476,283,764/yr
Low ₦55K
High ₦840B
No. 1,973
QoQ -2.2%
4 property types
Flats ₦10,000,000/yr
Houses ₦28,000,000/yr
Commercial Property ₦22,500,000/yr
Land ₦90,000,000/yr
₦2,000,000/yr
Avg ₦5,321,602/yr
Low ₦70K
High ₦120M
No. 713
QoQ 0%
4 property types
Flats ₦1,500,000/yr
Houses ₦6,000,000/yr
Commercial Property ₦5,000,000/yr
Land ₦15,000,000/yr
₦4,000,000/yr
Avg ₦12,016,614/yr
Low ₦250K
High ₦200M
No. 573
QoQ 0%
3 property types
Flats ₦3,200,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦9,800,000/yr
₦6,000,000/yr
Avg ₦8,677,064/yr
Low ₦382.8K
High ₦270M
No. 469
QoQ 0%
3 property types
Flats ₦4,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦10,000,000/yr
₦9,000,000/yr
Avg ₦22,186,410/yr
Low ₦800K
High ₦1.2B
No. 390
QoQ 0%
2 property types
Flats ₦6,000,000/yr
Houses ₦16,000,000/yr
₦6,000,000/yr
Avg ₦12,056,898/yr
Low ₦400K
High ₦200M
No. 303
QoQ 0%
3 property types
Flats ₦4,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦15,000,000/yr

Lagos — property for sale

Most listings first
₦321.2M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 59,688
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release ₦254.3M
Houses House Price Index, October 2026 release ₦353.1M
Commercial Property Weekly listings snapshot ₦1,600,000,000
Land Weekly listings snapshot ₦420,000,000
₦350,000,000
Avg ₦979,821,449
Low ₦300K
High ₦3,000B
No. 32,777
QoQ 0%
4 property types
Flats ₦240,000,000
Houses ₦400,000,000
Commercial Property ₦1,500,000,000
Land ₦600,000,000
₦160,000,000
Avg ₦297,690,345
Low ₦490K
High ₦230B
No. 8,543
QoQ -3%
4 property types
Flats ₦85,000,000
Houses ₦175,000,000
Commercial Property ₦60,000,000
Land ₦110,000,000
₦500,000,000
Avg ₦1,833,108,690
Low ₦1M
High ₦2,600B
No. 6,075
QoQ +11.1%
4 property types
Flats ₦290,000,000
Houses ₦450,000,000
Commercial Property ₦2,000,000,000
Land ₦1,000,000,000
₦1,700,000,000
Avg ₦2,967,755,793
Low ₦700K
High ₦370B
No. 5,399
QoQ 0%
4 property types
Flats ₦850,000,000
Houses ₦2,450,000,000
Commercial Property ₦4,500,000,000
Land ₦2,500,000,000
Avg ₦2,468,390,200
Low ₦677.3K
High ₦160B
No. 3,470
QoQ +4.2%
4 property types
Flats ₦500,000,000
Houses ₦800,000,000
Commercial Property ₦6,000,000,000
Land ₦4,200,000,000
Avg ₦332,136,688
Low ₦450K
High ₦85B
No. 1,795
QoQ 0%
4 property types
Flats ₦87,000,000
Houses ₦95,000,000
Commercial Property ₦700,000,000
Land ₦45,000,000
₦440,000,000
Avg ₦500,755,198
Low ₦10M
High ₦5.7B
No. 1,587
QoQ +10%
3 property types
Flats ₦250,000,000
Houses ₦450,000,000
Land ₦400,000,000
₦300,000,000
Avg ₦756,088,586
Low ₦850K
High ₦16.5B
No. 1,358
QoQ +7.1%
4 property types
Flats ₦120,000,000
Houses ₦340,000,000
Commercial Property ₦650,000,000
Land ₦500,000,000
₦250,000,000
Avg ₦293,642,308
Low ₦5M
High ₦3B
No. 1,066
QoQ 0%
3 property types
Flats ₦160,000,000
Houses ₦340,000,000
Land ₦200,000,000
₦240,000,000
Avg ₦475,456,395
Low ₦300K
High ₦8.5B
No. 821
QoQ +6.7%
4 property types
Flats ₦150,000,000
Houses ₦270,000,000
Commercial Property ₦650,000,000
Land ₦420,000,000

Abuja

Abuja — property for rent

Most listings first
₦12.5M
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 6,358
QoQ Not comparable
4 property types
Flats and apartments Rent Index, October 2026 release ₦8.2M
Houses Rent Index, October 2026 release ₦18.5M
Commercial Property Weekly listings snapshot ₦12,000,000/yr
Land Weekly listings snapshot ₦12,000,000/yr
Avg ₦60,952,744/yr
Low ₦170K
High ₦580M
No. 468
QoQ 0%
3 property types
Flats ₦30,000,000/yr
Houses ₦55,000,000/yr
Commercial Property ₦18,000,000/yr
₦12,000,000/yr
Avg ₦21,008,163/yr
Low ₦700K
High ₦325M
No. 441
QoQ -7.7%
2 property types
Flats ₦9,000,000/yr
Houses ₦23,000,000/yr
₦20,000,000/yr
Avg ₦24,314,747/yr
Low ₦800K
High ₦210M
No. 434
QoQ 0%
2 property types
Flats ₦10,000,000/yr
Houses ₦25,000,000/yr
₦6,500,000/yr
Avg ₦8,897,450/yr
Low ₦382.8K
High ₦70M
No. 428
QoQ -7.1%
3 property types
Flats ₦4,000,000/yr
Houses ₦11,000,000/yr
Commercial Property ₦8,000,000/yr
₦13,000,000/yr
Avg ₦19,703,951/yr
Low ₦700K
High ₦470M
No. 405
QoQ 0%
2 property types
Flats ₦10,000,000/yr
Houses ₦18,000,000/yr
Avg ₦47,591,716/yr
Low ₦3.5M
High ₦1.2B
No. 338
QoQ +20%
2 property types
Flats ₦15,000,000/yr
Houses ₦35,000,000/yr
₦9,000,000/yr
Avg ₦11,470,940/yr
Low ₦1.7M
High ₦150M
No. 234
QoQ +5.9%
2 property types
Flats ₦6,000,000/yr
Houses ₦10,000,000/yr
₦17,000,000/yr
Avg ₦25,295,337/yr
Low ₦800K
High ₦1B
No. 193
QoQ +30.8%
2 property types
Flats ₦9,000,000/yr
Houses ₦25,000,000/yr
Avg ₦7,038,462/yr
Low ₦600K
High ₦90M
No. 130
QoQ +20%
2 property types
Flats ₦4,000,000/yr
Houses ₦7,000,000/yr
Apo
₦8,000,000/yr
Avg ₦11,466,337/yr
Low ₦800K
High ₦140M
No. 101
QoQ -20%
2 property types
Flats ₦4,000,000/yr
Houses ₦10,000,000/yr

Abuja — property for sale

Most listings first
₦291.8M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 10,951
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release ₦142.8M
Houses House Price Index, October 2026 release ₦352.4M
Commercial Property Weekly listings snapshot ₦2,500,000,000
Land Weekly listings snapshot ₦500,000,000
₦700,000,000
Avg ₦10,707,254,161
Low ₦320K
High ₦4,700B
No. 1,368
QoQ +7.7%
3 property types
Flats ₦210,000,000
Houses ₦700,000,000
Land ₦1,000,000,000
₦500,000,000
Avg ₦958,811,494
Low ₦2.8M
High ₦25B
No. 1,325
QoQ +11.1%
3 property types
Flats ₦150,000,000
Houses ₦650,000,000
Land ₦650,000,000
₦400,000,000
Avg ₦1,165,568,673
Low ₦3.6M
High ₦380B
No. 897
QoQ 0%
3 property types
Flats ₦198,000,000
Houses ₦400,000,000
Land ₦800,000,000
Avg ₦491,122,676
Low ₦4.5M
High ₦55B
No. 861
QoQ +11.1%
4 property types
Flats ₦85,000,000
Houses ₦120,000,000
Commercial Property ₦950,000,000
Land ₦25,000,000
₦285,000,000
Avg ₦2,874,098,779
Low ₦3M
High ₦1,800B
No. 859
QoQ -5%
4 property types
Flats ₦90,000,000
Houses ₦300,000,000
Commercial Property ₦400,000,000
Land ₦230,000,000
Avg ₦2,340,728,798
Low ₦3M
High ₦30B
No. 836
QoQ +3.7%
4 property types
Flats ₦600,000,000
Houses ₦1,500,000,000
Commercial Property ₦6,500,000,000
Land ₦750,000,000
₦250,000,000
Avg ₦532,258,507
Low ₦3.5M
High ₦15B
No. 823
QoQ +8.7%
3 property types
Flats ₦100,000,000
Houses ₦260,000,000
Land ₦270,000,000
Avg ₦4,007,460,737
Low ₦6.4M
High ₦40B
No. 780
QoQ 0%
4 property types
Flats ₦600,000,000
Houses ₦2,500,000,000
Commercial Property ₦5,000,000,000
Land ₦3,000,000,000
Apo
₦320,000,000
Avg ₦1,417,699,555
Low ₦4.5M
High ₦270B
No. 741
QoQ +14.3%
3 property types
Flats ₦110,000,000
Houses ₦380,000,000
Land ₦140,000,000
₦500,000,000
Avg ₦803,646,950
Low ₦25M
High ₦13B
No. 505
QoQ +25%
3 property types
Flats ₦155,000,000
Houses ₦550,000,000
Land ₦850,000,000

Oyo

Oyo — property for rent

Most listings first
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 233
QoQ Not comparable
3 property types
Flats and apartments Rent Index, October 2026 release ₦1.7M
Houses Rent Index, October 2026 release ₦7.3M
Commercial Property Weekly listings snapshot ₦5,000,000/yr
₦3,500,000/yr
Avg ₦5,940,809/yr
Low ₦60K
High ₦40M
No. 241
QoQ -12.5%
3 property types
Flats ₦2,000,000/yr
Houses ₦9,000,000/yr
Commercial Property ₦5,000,000/yr

Oyo — property for sale

Most listings first
₦150.6M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 1,234
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release Small sample ₦77.8M
Houses House Price Index, October 2026 release ₦156.1M
Commercial Property Weekly listings snapshot ₦285,000,000
Land Weekly listings snapshot ₦100,000,000
₦150,000,000
Avg ₦261,054,578
Low ₦300K
High ₦50B
No. 2,594
QoQ -3.2%
4 property types
Flats ₦80,000,000
Houses ₦160,000,000
Commercial Property ₦320,000,000
Land ₦120,000,000
₦90,000,000
Avg ₦155,965,000
Low ₦5M
High ₦2.5B
No. 130
QoQ -5.3%
2 property types
Houses ₦90,000,000
Land ₦80,000,000
₦150,000,000
Avg ₦244,419,355
Low ₦8M
High ₦1.9B
No. 62
QoQ 0%
1 property type
Houses ₦120,000,000
₦150,000,000
Avg ₦2,443,750,000
Low ₦15M
High ₦50B
No. 24
QoQ +7.1%

Rivers

Rivers — property for rent

Most listings first
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 163
QoQ Not comparable
3 property types
Flats and apartments Rent Index, October 2026 release Small sample ₦3.4M
Houses Rent Index, October 2026 release Small sample ₦10M
Commercial Property Weekly listings snapshot ₦11,505,600/yr
₦4,500,000/yr
Avg ₦11,019,264/yr
Low ₦382.8K
High ₦185M
No. 286
QoQ +12.5%
3 property types
Flats ₦2,500,000/yr
Houses ₦9,000,000/yr
Commercial Property ₦11,505,600/yr

Rivers — property for sale

Most listings first
₦203.8M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 879
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release Small sample ₦126M
Houses House Price Index, October 2026 release ₦212M
Commercial Property Weekly listings snapshot ₦550,000,000
Land Weekly listings snapshot ₦68,000,000
Avg ₦499,419,265
Low ₦350K
High ₦30B
No. 1,578
QoQ -9.1%
4 property types
Flats ₦120,000,000
Houses ₦220,000,000
Commercial Property ₦600,000,000
Land ₦70,000,000

Ogun

Ogun — property for rent

Most listings first
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 220
QoQ Not comparable
3 property types
Flats and apartments Rent Index, October 2026 release ₦1.3M
Houses Rent Index, October 2026 release Small sample ₦4.8M
Commercial Property Weekly listings snapshot ₦32,000,000/yr
₦1,000,000/yr
Avg ₦2,503,125/yr
Low ₦400K
High ₦60M
No. 48
QoQ -33.3%
1 property type
Flats ₦1,000,000/yr
₦4,000,000/yr
Avg ₦13,261,628/yr
Low ₦750K
High ₦140M
No. 43
QoQ +33.3%
1 property type
Flats ₦2,500,000/yr
₦1,000,000/yr
Avg ₦14,582,000/yr
Low ₦350K
High ₦160M
No. 25
QoQ 0%
1 property type
Flats ₦700,000/yr

Ogun — property for sale

Most listings first
₦74.5M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 827
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release Small sample ₦52.8M
Houses House Price Index, October 2026 release ₦78.4M
Commercial Property Weekly listings snapshot ₦1,000,000,000
Land Weekly listings snapshot ₦18,000,000
₦38,500,000
Avg ₦291,353,670
Low ₦2M
High ₦15B
No. 218
QoQ -9.4%
2 property types
Houses ₦60,000,000
Land ₦7,500,000
₦150,000,000
Avg ₦504,044,944
Low ₦15M
High ₦20B
No. 178
QoQ 0%
2 property types
Houses ₦180,000,000
Land ₦80,000,000
₦75,000,000
Avg ₦163,011,570
Low ₦2.8M
High ₦7B
No. 168
QoQ 0%
2 property types
Houses ₦85,000,000
Land ₦18,500,000
Ifo
₦80,000,000
Avg ₦1,018,155,844
Low ₦3M
High ₦120B
No. 154
QoQ -5.9%
3 property types
Houses ₦80,000,000
Commercial Property ₦450,000,000
Land ₦36,000,000
₦80,000,000
Avg ₦21,488,609,244
Low ₦4M
High ₦250B
No. 119
QoQ +23.1%
2 property types
Houses ₦65,000,000
Land ₦45,000,000
₦40,400,000
Avg ₦475,884,309
Low ₦1.8M
High ₦8B
No. 94
QoQ -20%
2 property types
Houses ₦40,000,000
Commercial Property ₦650,000,000
₦35,000,000
Avg ₦98,509,383
Low ₦400K
High ₦1.2B
No. 81
QoQ +6.1%
2 property types
Houses ₦70,000,000
Land ₦14,000,000
₦50,000,000
Avg ₦15,607,007,692
Low ₦3.5M
High ₦250B
No. 65
QoQ 0%
2 property types
Houses ₦32,000,000
Land ₦25,000,000
₦7,500,000
Avg ₦474,240,625
Low ₦450K
High ₦20B
No. 56
QoQ -21.3%
1 property type
Land ₦4,000,000
₦60,000,000
Avg ₦293,583,000
Low ₦950K
High ₦1.8B
No. 50
QoQ —

Enugu

Enugu — property for rent

Most listings first
Flats and houses Small sample
₦2.1M
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 24
QoQ Not comparable
2 property types
Flats and apartments Rent Index, October 2026 release Not enough listings for October 2026 —
Houses Rent Index, October 2026 release Not enough listings for October 2026 —
₦2,500,000/yr
Avg ₦4,322,642/yr
Low ₦250K
High ₦24M
No. 53
QoQ —
1 property type
Flats ₦1,500,000/yr

Enugu — property for sale

Most listings first
₦162.1M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 392
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release Small sample ₦140.7M
Houses House Price Index, October 2026 release ₦163.8M
Commercial Property Weekly listings snapshot ₦300,000,000
Land Weekly listings snapshot ₦45,000,000
₦150,000,000
Avg ₦215,805,672
Low ₦600K
High ₦14B
No. 811
QoQ 0%
4 property types
Flats ₦135,000,000
Houses ₦170,000,000
Commercial Property ₦330,000,000
Land ₦47,000,000

Edo

Edo — property for rent

Most listings first
Flats and houses 3-month figure
₦1.5M
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 21
QoQ Not comparable
2 property types
Flats and apartments Rent Index, October 2026 release Not enough listings for October 2026 —
Houses Rent Index, October 2026 release Not enough listings for October 2026 —
₦1,500,000/yr
Avg ₦3,292,075/yr
Low ₦382.8K
High ₦17M
No. 32
QoQ -13.7%

Edo — property for sale

Most listings first
₦92.9M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 112
QoQ Not comparable
4 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release ₦100.7M
Commercial Property Weekly listings snapshot ₦300,000,000
Land Weekly listings snapshot ₦75,000,000
₦110,000,000
Avg ₦263,425,316
Low ₦1.5M
High ₦5B
No. 316
QoQ -26.7%
3 property types
Houses ₦120,000,000
Commercial Property ₦300,000,000
Land ₦85,000,000
₦75,000,000
Avg ₦129,227,419
Low ₦3M
High ₦650M
No. 31
QoQ 0%

Akwa Ibom

Akwa Ibom — property for sale

Most listings first
Flats and houses Small sample
₦68.4M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 93
QoQ Not comparable
3 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦69.1M
Land Weekly listings snapshot ₦20,000,000
₦50,000,000
Avg ₦118,454,762
Low ₦3.5M
High ₦2B
No. 210
QoQ 0%
2 property types
Houses ₦85,000,000
Land ₦20,000,000

Delta

Delta — property for rent

Most listings first
Flats and houses Small sample
₦1.5M
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. 21
QoQ Not comparable
2 property types
Flats and apartments Rent Index, October 2026 release 3-month figure ₦1.5M
Houses Rent Index, October 2026 release Not enough listings for October 2026 —
₦1,500,000/yr
Avg ₦1,858,333/yr
Low ₦500K
High ₦6M
No. 24
QoQ —
1 property type
Flats ₦1,350,000/yr

Delta — property for sale

Most listings first
Flats and houses Small sample
₦219M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 78
QoQ Not comparable
3 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦240.4M
Land Weekly listings snapshot ₦15,000,000
₦37,000,000
Avg ₦273,270,408
Low ₦450K
High ₦4B
No. 98
QoQ -81.5%
2 property types
Houses ₦300,000,000
Land ₦15,000,000
₦75,000,000
Avg ₦1,230,480,000
Low ₦7.5M
High ₦13B
No. 25
QoQ —

Ondo

Ondo — property for sale

Most listings first
Flats and houses Small sample
₦86.5M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 45
QoQ Not comparable
3 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦94.9M
Land Weekly listings snapshot ₦50,000,000
₦60,000,000
Avg ₦107,415,842
Low ₦2.5M
High ₦900M
No. 101
QoQ -20%
2 property types
Houses ₦90,000,000
Land ₦50,000,000

Imo

Imo — property for sale

Most listings first
Flats and houses Small sample
₦131.7M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 37
QoQ Not comparable
3 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦137.4M
Land Weekly listings snapshot ₦15,000,000
Avg ₦496,808,209
Low ₦650K
High ₦8B
No. 67
QoQ -34.6%
2 property types
Houses ₦140,000,000
Land ₦18,000,000
₦8,500,000
Avg ₦106,726,087
Low ₦750K
High ₦2B
No. 23
QoQ —

Osun

Osun — property for sale

Most listings first
Flats and houses Small sample
₦46.4M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 52
QoQ Not comparable
2 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦48.1M
₦55,000,000
Avg ₦131,155,597
Low ₦2.5M
High ₦2.7B
No. 67
QoQ +22.2%
1 property type
Houses ₦55,000,000

Anambra

Anambra — property for sale

Most listings first
Flats and houses Small sample
₦140.7M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 35
QoQ Not comparable
3 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦143.9M
Land Weekly listings snapshot ₦30,000,000
₦150,000,000
Avg ₦479,404,125
Low ₦700K
High ₦4.2B
No. 48
QoQ +66.7%
1 property type
Land ₦30,000,000

Nasarawa

Nasarawa — property for sale

Most listings first
Flats and houses Small sample
₦49.7M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 24
QoQ Not comparable
3 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦49.7M
Land Weekly listings snapshot ₦60,000,000
₦45,000,000
Avg ₦144,833,333
Low ₦6M
High ₦650M
No. 24
QoQ -10%

Kwara

Kwara — property for sale

Most listings first
Flats and houses Small sample
₦25.7M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 26
QoQ Not comparable
2 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Small sample ₦39.7M

Kano

Kano — property for rent

Most listings first
Flats and houses Not enough listings for October 2026
—
Statewide · Rent Index, October 2026 release
Avg —
Low —
High —
No. —
QoQ Not comparable
3 property types
Flats and apartments Rent Index, October 2026 release Not enough listings for October 2026 —
Houses Rent Index, October 2026 release Not enough listings for October 2026 —
Commercial Property Weekly listings snapshot ₦2,086,800/yr

Kano — property for sale

Most listings first
Flats and houses Not enough listings for October 2026
—
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. —
QoQ Not comparable
2 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Not enough listings for October 2026 —

Kaduna

Kaduna — property for sale

Most listings first
Flats and houses 3-month figure
₦240.4M
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. 22
QoQ Not comparable
2 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release 3-month figure ₦248.7M

Abia

Abia — property for sale

Most listings first
Flats and houses Not enough listings for October 2026
—
Statewide · House Price Index, October 2026 release
Avg —
Low —
High —
No. —
QoQ Not comparable
2 property types
Flats and apartments House Price Index, October 2026 release Not enough listings for October 2026 —
Houses House Price Index, October 2026 release Not enough listings for October 2026 —
Frequently asked

Questions this report answers

What is the median asking price for property in Nigeria?

In Q4 2026 the median asking price for flats and houses for sale in Nigeria was ₦303,586,314, from the Nigeria Property Centre House Price Index.

What is the median rent in Nigeria?

In Q4 2026 the median advertised rent for flats and houses in Nigeria was ₦12,773,895/yr, from the Nigeria Property Centre Rent Index.

Which state has the most expensive property in Nigeria?

Lagos, at a median asking price of ₦321,191,211 for flats and houses in Q4 2026, according to the Nigeria Property Centre House Price Index, October 2026 release.

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

In Q3 2026, homes in Nigeria sold in a median 94 days, from 2,739 sales, according to the Nigeria Property Centre Time to Let and Sell Index. It covers only listings that sold, so it is not how long a property should be expected to wait.

See the series

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

In Q4 2026, 1.6% of published listings for sale in Nigeria had their asking price cut by the advertiser, and 1.4% had it raised, with a median cut of 9.1%. It leaves out corrections made within an hour of publishing. Covers 1 Oct – 9 Nov 2026.

How many enquiries does a rental listing get in Nigeria?

In the 28 days to 6 Nov 2026, rental listings in Nigeria received 114.0 enquiries per 100 listings, and 38.6% of listings received at least one, across 40,389 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 to let and sell come from the Nigeria Property Centre Time to Let and Sell Index, which times the listings advertisers marked as let or sold. They are shown 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, Q4 2026, https://nigeriapropertycentre.com/market-reports/q4-2026

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