Nigeria Property Centre
Market Report · Q4 2026

Nigeria property asking prices, Q4 2026.

Published 3 October 2026 · Updated 19 October 2026 · Covering 1 Oct – 31 Dec 2026

Median for rent
₦13M/yr
0% QoQ
Median for sale
₦320M
0% QoQ
3-bed
₦200M
0% QoQ
Per plot
₦24M
-4% QoQ
Best yield
7.14%
Lagos
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
Abuja
₦380M median
Listings
132,244
47 areas, 19 states

Key findings

  • Abuja is the most expensive of the 9 ranked states to buy property, with a median asking price of ₦380,000,000 across 13,805 listings.
  • The most affordable of the 9 ranked states to buy is Akwa Ibom, with a median asking price of ₦50,000,000 across 221 listings.
  • Abuja has the highest median rent, at ₦15,000,000/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 7.14% on 4-bed property in Lagos.
  • Land is advertised by the plot, and the spread is wide: a plot asks ₦3,000,000 in Sagamu 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.
  • The sharpest quarter-on-quarter movement was in Delta, where the median sale asking price fell 20%.
  • Lagos accounts for the largest share of the market, with 104,861 of the 132,244 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 5 states

Median rent by state

01
₦15M/yr
02
₦13M/yr
03
₦6M/yr
04
Oyo
₦3M/yr
05
₦1.5M/yr
Q4 2026 · Top 9 states

Median sale asking price by state

01
₦380M
02
₦350M
03
₦200M
04
₦150M
05
Oyo
₦145M
06
Edo
₦130M
07
₦120M
08
₦65M
09
₦50M
Q4 2026 vs Q3 2026

Quarter-on-quarter change in median rent

Q4 2026 vs Q3 2026

Quarter-on-quarter change in median sale price

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 – 19 Oct 2026.

Rental listings repriced 3.4% 2.0% cut · 1.3% raised
Median rental price cut 12.0% across 794 listings cut
Days to a first cut on rental listings 9 days median, from publication to the first cut
Rental cuts moving towards the local median 43.3% of cuts in areas with a comparable median
Sale listings repriced 1.5% 0.8% cut · 0.8% raised
Median sale price cut 9.1% across 751 listings cut
Days to a first cut on sale listings 7 days median, from publication to the first cut
Sale cuts moving towards the local median 51.1% of cuts in areas with a comparable median
Most cuts first · share of live listings

Rental listings cut by state

01
2.6%
02
2.0%
Most cuts first · share of live listings

Sale listings cut by state

01
1.4%
02
1.3%
03
0.8%
04
0.8%

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 115.9 in the 28 days to 16 Oct, across 38,172 listings
Rental listings with at least one enquiry 38.4% in the 28 days to 16 Oct
Rental listings asking above the local going rate 41.2% more than 10% over their area's median · 39.8% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 143.3 vs 71.0 at or up to 10% over the area median vs more than 10% over it
Enquiries per 100 sale listings 27.5 in the 28 days to 16 Oct, across 92,433 listings
Sale listings with at least one enquiry 16.3% in the 28 days to 16 Oct
Sale listings asking above the local going rate 41.6% more than 10% over their area's median · 40.2% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 30.8 vs 22.4 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 16 Oct

Rental enquiries by state

01
376.3
02
116.9
03
102.6
04
86.7
05
Oyo
82.1
06
Edo
70.0
07
48.9
08
46.9
Most enquiries first · per 100 listings, in the 28 days to 16 Oct

Sale enquiries by state

01
72.4
02
45.0
03
38.7
04
38.0
05
37.3
06
37.2
07
36.1
08
31.8
09
26.1
10
Imo
20.4

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
₦13,000,000/yr
Avg ₦50,451,336/yr
Low ₦50K
High ₦840B
No. 38,861
QoQ 0%
₦8,000,000/yr
Avg ₦60,873,076/yr
Low ₦84K
High ₦840B
No. 20,774
QoQ -5.9%
₦18,000,000/yr
Avg ₦31,895,652/yr
Low ₦50K
High ₦3.5B
No. 14,665
QoQ 0%
₦15,000,000/yr
Avg ₦62,172,721/yr
Low ₦50K
High ₦54B
No. 3,043
QoQ 0%
₦50,000,000/yr
Avg ₦107,120,037/yr
Low ₦100K
High ₦2.5B
No. 353
QoQ -9.1%

Nigeria — property for sale

All types first
₦320,000,000
Avg ₦1,340,084,447
Low ₦300K
High ₦4,700B
No. 93,383
QoQ 0%
₦231,000,000
Avg ₦458,951,256
Low ₦350K
High ₦620B
No. 15,551
QoQ -3.8%
₦350,000,000
Avg ₦893,339,477
Low ₦300K
High ₦3,000B
No. 59,567
QoQ 0%
₦1,300,000,000
Avg ₦6,308,090,686
Low ₦450K
High ₦4,500B
No. 3,641
QoQ 0%
₦300,000,000
Avg ₦2,860,229,393
Low ₦300K
High ₦4,700B
No. 14,622
QoQ +20%

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 ₦5,181,426/yr
Low ₦50K
High ₦230M
No. 3,887
₦8,500,000/yr
Avg ₦12,972,470/yr
Low ₦190K
High ₦3.5B
No. 8,113
₦15,000,000/yr
Avg ₦32,434,486/yr
Low ₦550K
High ₦45B
No. 9,011
₦19,000,000/yr
Avg ₦28,574,999/yr
Low ₦50K
High ₦2B
No. 9,054
₦35,000,000/yr
Avg ₦50,064,664/yr
Low ₦2.5M
High ₦1.5B
No. 3,028

Property for sale by bedrooms

Fewest bedrooms first
₦100,000,000
Avg ₦170,360,003
Low ₦4M
High ₦53B
No. 1,627
₦180,000,000
Avg ₦305,368,708
Low ₦700K
High ₦240B
No. 9,533
₦199,999,999
Avg ₦343,353,675
Low ₦500K
High ₦55B
No. 12,583
₦280,000,000
Avg ₦703,610,899
Low ₦320K
High ₦3,000B
No. 25,327
₦580,000,000
Avg ₦1,075,706,160
Low ₦360K
High ₦820B
No. 19,641

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
Low ₦2M
High ₦45M
No. 24
₦3,000,000
Low ₦400K
High ₦50M
No. 22
Low ₦550K
High ₦180M
No. 161
₦4,000,000
Low ₦1.5M
High ₦47M
No. 28
Low ₦900K
High ₦220M
No. 90
Low ₦2.1M
High ₦22M
No. 25
₦6,000,000
Low ₦1.5M
High ₦30M
No. 50
Low ₦650K
High ₦46M
No. 94
₦7,000,000
Low ₦1.5M
High ₦30M
No. 89
Low ₦1.4M
High ₦60M
No. 108
₦8,000,000
Low ₦2M
High ₦26.7M
No. 33
₦10,000,000
Low ₦2M
High ₦65M
No. 25
₦12,500,000
Low ₦4.3M
High ₦48M
No. 45
₦15,000,000
Low ₦3.5M
High ₦28M
No. 24
Low ₦3.6M
High ₦3.5B
No. 79
₦18,000,000
Low ₦4M
High ₦100M
No. 62
₦19,000,000
Low ₦3.8M
High ₦12.5B
No. 109
₦20,000,000
Low ₦1M
High ₦25B
No. 63
Low ₦1.3M
High ₦948.8M
No. 542
₦30,000,000
Low ₦12M
High ₦5.5B
No. 43
₦30,000,000
Low ₦10M
High ₦140M
No. 24
Low ₦2M
High ₦200M
No. 102
₦54,000,000
Low ₦20M
High ₦27.8B
No. 33
Low ₦20M
High ₦550M
No. 302
₦80,000,000
Low ₦7.5M
High ₦1.7B
No. 66
₦200,000,000
Low ₦350K
High ₦7.5B
No. 321
Low ₦15M
High ₦1.5B
No. 24
₦400,000,000
Low ₦50M
High ₦900M
No. 34

Rental yield

Highest gross rental yields

Highest yield first
Price ₦280,000,000
No. 19,885
Price ₦100,000,000
No. 692
Price ₦600,000,000
No. 16,376
Price ₦240,000,000
No. 9,744
Price ₦450,000,000
No. 4,136
Price ₦320,000,000
No. 3,759
Price ₦160,000,000
No. 1,823
Price ₦150,000,000
No. 1,503
Price ₦150,000,000
No. 234
Price ₦350,000,000
No. 45,964
Price ₦600,000,000
No. 2,522
Price ₦400,000,000
No. 9,077
Price ₦845,000,000
No. 1,356
Price ₦200,000,000
No. 8,432

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 4-bed figure is 6.79%.

Short lets

Short lets by the night

Highest nightly rate first
Nights —
No. 108
₦360,000
Nights 83 nights
No. 23
Nights —
No. 231
₦350,000
Nights —
No. 105
Nights —
No. 60
₦345,000
Nights 116 nights
No. 331
Nights —
No. 43
Nights —
No. 31
Nights —
No. 500
Nights —
No. 141
Nights —
No. 32
Nights —
No. 22
Nights —
No. 190
₦250,000
Nights 80 nights
No. 1,396
₦250,000
Nights 200 nights
No. 1,066
₦250,000
Nights 80 nights
No. 131
Nights —
No. 44
Nights —
No. 28
Nights —
No. 220
Nights —
No. 823
Nights —
No. 456
Nights —
No. 42
₦210,000
Nights —
No. 25
Nights —
No. 358
₦200,000
Nights 95 nights
No. 105
₦200,000
Nights —
No. 61
Nights —
No. 40
₦195,000
Nights 82 nights
No. 3,107
₦195,000
Nights 15 nights
No. 47
Nights 147 nights
No. 1,286
₦190,000
Nights 53 nights
No. 380
₦190,000
Nights —
No. 48
Nights —
No. 342
Nights —
No. 1,462
Nights —
No. 32
Nights —
No. 28
₦180,000
Nights 33 nights
No. 21
Nights 257 nights
No. 110
Edo
₦170,000
Nights 10 nights
No. 33
₦170,000
Nights 10 nights
No. 33
Nights —
No. 25
₦170,000
Nights —
No. 23
Nights —
No. 21
Nights —
No. 20
Nights —
No. 47
Nights —
No. 25
₦160,000
Nights 56 nights
No. 4,501
Nights —
No. 2,933
Nights —
No. 86
Nights —
No. 55
Nights —
No. 53
₦160,000
Nights 19 nights
No. 48
₦150,000
Nights 87 nights
No. 13,164
₦150,000
Nights 80 nights
No. 7,595
₦150,000
Nights 167 nights
No. 1,447
Nights —
No. 454
₦150,000
Nights 93 nights
No. 265
₦150,000
Nights 167 nights
No. 245
Nights —
No. 199
Nights 100 nights
No. 111
₦150,000
Nights —
No. 111
Nights —
No. 21
₦145,000
Nights 48 nights
No. 641
Nights —
No. 25
Oyo
₦140,000
Nights 21 nights
No. 169
₦140,000
Nights 21 nights
No. 138
Nights —
No. 51
Nights —
No. 41
₦140,000
Nights 12 nights
No. 33
₦140,000
Nights 14 nights
No. 33
₦135,000
Nights 44 nights
No. 120
Nights 44 nights
No. 114
₦135,000
Nights —
No. 71
₦130,000
Nights 115 nights
No. 2,075
₦130,000
Nights 100 nights
No. 111
Nights 192 nights
No. 85
Nights —
No. 69
₦130,000
Nights 15 nights
No. 65
₦130,000
Nights —
No. 23
Nights —
No. 260
Nights —
No. 36
₦120,000
Nights 67 nights
No. 149
Nights —
No. 80
Nights —
No. 56
Nights —
No. 44
Nights —
No. 34
Nights —
No. 26
Nights —
No. 1,814
₦110,000
Nights 164 nights
No. 230
Nights 59 nights
No. 164
Nights —
No. 96
₦110,000
Nights —
No. 33
Nights —
No. 32
₦110,000
Nights —
No. 30
₦105,000
Nights 33 nights
No. 3,104
Nights —
No. 86
Nights —
No. 316
₦100,000
Nights 90 nights
No. 108
₦100,000
Nights 120 nights
No. 81
₦100,000
Nights 10 nights
No. 23
Nights —
No. 23
₦90,000
Nights 50 nights
No. 363
Nights 67 nights
No. 252
₦90,000
Nights —
No. 44
₦90,000
Nights 17 nights
No. 43
Nights —
No. 27
₦85,000
Nights 47 nights
No. 605
₦80,000
Nights 50 nights
No. 237
Nights —
No. 111
₦80,000
Nights —
No. 41
Nights —
No. 20
Nights —
No. 103
Nights —
No. 43
Nights —
No. 25
₦70,000
Nights —
No. 75
Nights —
No. 106
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

Property for rent by state

Most listings first
₦13,000,000/yr
Avg ₦55,236,860/yr
Low ₦50K
High ₦840B
No. 32,870
QoQ 0%
₦15,000,000/yr
Avg ₦25,979,269/yr
Low ₦50K
High ₦1.1B
No. 5,099
QoQ +11.1%
₦6,000,000/yr
Avg ₦11,963,303/yr
Low ₦382.8K
High ₦185M
No. 279
QoQ +50%
Oyo
₦3,000,000/yr
Avg ₦6,571,630/yr
Low ₦60K
High ₦300M
No. 227
QoQ -25%
₦1,500,000/yr
Avg ₦12,187,931/yr
Low ₦50K
High ₦450M
No. 203
QoQ -25%
₦1,700,000/yr
Avg ₦3,037,778/yr
Low ₦250K
High ₦25M
No. 45
QoQ —
₦5,000,000/yr
Avg ₦141,971,375/yr
Low ₦382.8K
High ₦2B
No. 32
QoQ —
Edo
₦1,738,800/yr
Avg ₦3,640,206/yr
Low ₦382.8K
High ₦17M
No. 31
QoQ 0%

Property for sale by state

Most listings first
₦350,000,000
Avg ₦1,168,083,919
Low ₦300K
High ₦4,500B
No. 71,991
QoQ 0%
₦380,000,000
Avg ₦2,521,255,371
Low ₦320K
High ₦4,700B
No. 13,805
QoQ +8.6%
Oyo
₦145,000,000
Avg ₦284,678,173
Low ₦648K
High ₦50B
No. 2,357
QoQ -3.3%
₦200,000,000
Avg ₦474,149,856
Low ₦350K
High ₦30B
No. 1,736
QoQ -4.8%
₦65,000,000
Avg ₦2,728,924,409
Low ₦350K
High ₦250B
No. 1,471
QoQ 0%
₦150,000,000
Avg ₦244,911,017
Low ₦600K
High ₦15B
No. 767
QoQ 0%
Edo
₦130,000,000
Avg ₦351,502,717
Low ₦390K
High ₦7.5B
No. 272
QoQ 0%
₦50,000,000
Avg ₦527,212,670
Low ₦3.5M
High ₦37B
No. 221
QoQ 0%
₦120,000,000
Avg ₦787,168,121
Low ₦500K
High ₦20B
No. 149
QoQ -20%
₦45,000,000
Avg ₦114,567,523
Low ₦600K
High ₦2.5B
No. 107
QoQ -10%
₦60,000,000
Avg ₦112,680,952
Low ₦2.5M
High ₦900M
No. 105
QoQ -20%
Imo
₦75,000,000
Avg ₦349,822,059
Low ₦650K
High ₦8B
No. 102
QoQ 0%
₦95,000,000
Avg ₦358,422,667
Low ₦1.8M
High ₦4.2B
No. 75
QoQ +11.8%
₦65,000,000
Avg ₦185,004,808
Low ₦3.6M
High ₦1.6B
No. 52
QoQ +18.2%
₦36,000,000
Avg ₦84,225,667
Low ₦300K
High ₦600M
No. 33
QoQ -10%
₦220,000,000
Avg ₦416,034,483
Low ₦15M
High ₦2B
No. 29
QoQ +24.3%
₦350,000,000
Avg ₦1,725,192,308
Low ₦10M
High ₦35B
No. 26
QoQ 0%
₦10,500,000
Avg ₦85,956,522
Low ₦2.5M
High ₦750M
No. 23
QoQ 0%
₦35,000,000
Avg ₦94,183,750
Low ₦10M
High ₦400M
No. 20
QoQ —

Lagos

Lagos — property for rent

Most listings first
₦13,000,000/yr
Avg ₦55,236,860/yr
Low ₦50K
High ₦840B
No. 32,870
QoQ 0%
4 property types
Flats ₦9,000,000/yr
Houses ₦18,000,000/yr
Commercial Property ₦17,000,000/yr
Land ₦60,000,000/yr
₦12,000,000/yr
Avg ₦16,947,364/yr
Low ₦65K
High ₦2.2B
No. 15,615
QoQ 0%
4 property types
Flats ₦9,000,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦14,000,000/yr
Land ₦70,000,000/yr
₦50,000,000/yr
Avg ₦73,072,318/yr
Low ₦50K
High ₦45B
No. 4,803
QoQ 0%
4 property types
Flats ₦40,000,000/yr
Houses ₦60,000,000/yr
Commercial Property ₦55,000,000/yr
Land ₦100,000,000/yr
₦4,500,000/yr
Avg ₦7,265,142/yr
Low ₦100K
High ₦3.5B
No. 3,281
QoQ +12.5%
4 property types
Flats ₦3,000,000/yr
Houses ₦8,000,000/yr
Commercial Property ₦5,400,000/yr
Land ₦25,000,000/yr
Avg ₦42,339,877/yr
Low ₦110K
High ₦1.5B
No. 2,676
QoQ 0%
4 property types
Flats ₦25,000,000/yr
Houses ₦35,000,000/yr
Commercial Property ₦65,000,000/yr
Land ₦60,000,000/yr
₦25,000,000/yr
Avg ₦481,927,655/yr
Low ₦55K
High ₦840B
No. 1,956
QoQ +11.1%
4 property types
Flats ₦10,000,000/yr
Houses ₦30,000,000/yr
Commercial Property ₦25,000,000/yr
Land ₦100,000,000/yr
₦2,000,000/yr
Avg ₦5,271,923/yr
Low ₦250K
High ₦120M
No. 594
QoQ 0%
4 property types
Flats ₦1,500,000/yr
Houses ₦5,000,000/yr
Commercial Property ₦4,000,000/yr
Land ₦15,000,000/yr
₦4,000,000/yr
Avg ₦11,114,092/yr
Low ₦50K
High ₦200M
No. 589
QoQ 0%
3 property types
Flats ₦3,500,000/yr
Houses ₦12,000,000/yr
Commercial Property ₦9,800,000/yr
₦6,000,000/yr
Avg ₦8,402,823/yr
Low ₦382.8K
High ₦170M
No. 490
QoQ 0%
3 property types
Flats ₦4,000,000/yr
Houses ₦14,000,000/yr
Commercial Property ₦6,000,000/yr
₦8,000,000/yr
Avg ₦15,948,492/yr
Low ₦1.2M
High ₦750M
No. 431
QoQ -11.1%
2 property types
Flats ₦6,000,000/yr
Houses ₦16,000,000/yr
₦6,000,000/yr
Avg ₦13,014,863/yr
Low ₦1.2M
High ₦250M
No. 292
QoQ 0%
3 property types
Flats ₦4,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦18,000,000/yr

Lagos — property for sale

Most listings first
₦350,000,000
Avg ₦1,168,083,919
Low ₦300K
High ₦4,500B
No. 71,991
QoQ 0%
4 property types
Flats ₦250,000,000
Houses ₦350,000,000
Commercial Property ₦1,500,000,000
Land ₦400,000,000
₦350,000,000
Avg ₦988,651,548
Low ₦300K
High ₦3,000B
No. 33,038
QoQ 0%
4 property types
Flats ₦240,000,000
Houses ₦400,000,000
Commercial Property ₦1,400,000,000
Land ₦600,000,000
₦165,000,000
Avg ₦312,077,695
Low ₦1.5M
High ₦230B
No. 8,918
QoQ 0%
4 property types
Flats ₦85,000,000
Houses ₦180,000,000
Commercial Property ₦65,000,000
Land ₦120,000,000
₦480,000,000
Avg ₦2,120,127,907
Low ₦950K
High ₦4,500B
No. 6,378
QoQ +6.7%
4 property types
Flats ₦275,000,000
Houses ₦450,000,000
Commercial Property ₦2,000,000,000
Land ₦1,100,000,000
₦1,700,000,000
Avg ₦2,944,410,681
Low ₦1M
High ₦370B
No. 5,245
QoQ 0%
4 property types
Flats ₦845,000,000
Houses ₦2,400,000,000
Commercial Property ₦5,000,000,000
Land ₦2,500,000,000
Avg ₦2,353,594,989
Low ₦500K
High ₦160B
No. 3,408
QoQ +4.2%
4 property types
Flats ₦500,000,000
Houses ₦800,000,000
Commercial Property ₦5,000,000,000
Land ₦4,200,000,000
Avg ₦269,431,947
Low ₦450K
High ₦18B
No. 1,912
QoQ 0%
4 property types
Flats ₦87,000,000
Houses ₦90,000,000
Commercial Property ₦550,000,000
Land ₦45,000,000
₦415,000,000
Avg ₦490,950,205
Low ₦600K
High ₦5.7B
No. 1,705
QoQ +3.8%
3 property types
Flats ₦250,000,000
Houses ₦450,000,000
Land ₦450,000,000
₦300,000,000
Avg ₦790,427,676
Low ₦850K
High ₦16.5B
No. 1,319
QoQ +7.1%
4 property types
Flats ₦115,000,000
Houses ₦340,000,000
Commercial Property ₦800,000,000
Land ₦500,000,000
₦250,000,000
Avg ₦286,271,582
Low ₦5M
High ₦3B
No. 1,214
QoQ 0%
3 property types
Flats ₦160,000,000
Houses ₦330,000,000
Land ₦200,000,000
₦240,000,000
Avg ₦485,561,788
Low ₦300K
High ₦10B
No. 772
QoQ +6.7%
4 property types
Flats ₦150,000,000
Houses ₦280,000,000
Commercial Property ₦800,000,000
Land ₦450,000,000

Abuja

Abuja — property for rent

Most listings first
₦15,000,000/yr
Avg ₦25,979,269/yr
Low ₦50K
High ₦1.1B
No. 5,099
QoQ +11.1%
4 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
Commercial Property ₦13,000,000/yr
Land ₦15,000,000/yr
₦19,000,000/yr
Avg ₦23,760,953/yr
Low ₦700K
High ₦300M
No. 493
QoQ -5%
2 property types
Flats ₦11,000,000/yr
Houses ₦25,000,000/yr
Avg ₦61,378,196/yr
Low ₦170K
High ₦480M
No. 441
QoQ 0%
3 property types
Flats ₦30,000,000/yr
Houses ₦55,000,000/yr
Commercial Property ₦20,640,000/yr
₦13,000,000/yr
Avg ₦21,458,959/yr
Low ₦700K
High ₦325M
No. 413
QoQ 0%
2 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
₦14,000,000/yr
Avg ₦20,542,816/yr
Low ₦1.5M
High ₦470M
No. 412
QoQ +7.7%
2 property types
Flats ₦10,000,000/yr
Houses ₦18,000,000/yr
Avg ₦41,315,573/yr
Low ₦1.1M
High ₦950M
No. 375
QoQ 0%
2 property types
Flats ₦15,000,000/yr
Houses ₦35,000,000/yr
₦6,500,000/yr
Avg ₦9,717,943/yr
Low ₦382.8K
High ₦300M
No. 370
QoQ -7.1%
3 property types
Flats ₦4,500,000/yr
Houses ₦11,000,000/yr
Commercial Property ₦7,000,000/yr
₦9,000,000/yr
Avg ₦13,008,288/yr
Low ₦1M
High ₦150M
No. 222
QoQ +5.9%
2 property types
Flats ₦6,000,000/yr
Houses ₦10,000,000/yr
₦18,000,000/yr
Avg ₦20,330,435/yr
Low ₦1.5M
High ₦250M
No. 184
QoQ +38.5%
2 property types
Flats ₦10,000,000/yr
Houses ₦20,000,000/yr
Avg ₦7,350,464/yr
Low ₦70K
High ₦90M
No. 151
QoQ +2%
2 property types
Flats ₦4,000,000/yr
Houses ₦7,500,000/yr
Apo
₦10,000,000/yr
Avg ₦12,846,610/yr
Low ₦1.5M
High ₦175M
No. 118
QoQ 0%
2 property types
Flats ₦5,000,000/yr
Houses ₦10,000,000/yr

Abuja — property for sale

Most listings first
₦380,000,000
Avg ₦2,521,255,371
Low ₦320K
High ₦4,700B
No. 13,805
QoQ +8.6%
4 property types
Flats ₦150,000,000
Houses ₦400,000,000
Commercial Property ₦2,500,000,000
Land ₦450,000,000
₦700,000,000
Avg ₦10,396,781,370
Low ₦320K
High ₦4,700B
No. 1,412
QoQ +7.7%
3 property types
Flats ₦200,000,000
Houses ₦700,000,000
Land ₦850,000,000
₦500,000,000
Avg ₦976,082,910
Low ₦1.3M
High ₦25B
No. 1,295
QoQ +11.1%
3 property types
Flats ₦150,000,000
Houses ₦650,000,000
Land ₦750,000,000
₦400,000,000
Avg ₦1,201,573,655
Low ₦600K
High ₦380B
No. 892
QoQ 0%
3 property types
Flats ₦200,000,000
Houses ₦400,000,000
Land ₦800,000,000
₦250,000,000
Avg ₦821,535,491
Low ₦6M
High ₦220B
No. 796
QoQ +8.7%
3 property types
Flats ₦100,000,000
Houses ₦265,000,000
Land ₦250,000,000
Avg ₦2,569,943,868
Low ₦3M
High ₦40B
No. 795
QoQ +11.1%
4 property types
Flats ₦400,000,000
Houses ₦1,500,000,000
Commercial Property ₦15,000,000,000
Land ₦650,000,000
Avg ₦423,418,833
Low ₦4.5M
High ₦55B
No. 787
QoQ +16.7%
4 property types
Flats ₦85,000,000
Houses ₦140,000,000
Commercial Property ₦1,500,000,000
Land ₦25,000,000
₦300,000,000
Avg ₦3,066,573,844
Low ₦3.5M
High ₦1,800B
No. 778
QoQ 0%
4 property types
Flats ₦100,000,000
Houses ₦345,000,000
Commercial Property ₦450,000,000
Land ₦230,000,000
Avg ₦3,978,078,113
Low ₦4.5M
High ₦40B
No. 763
QoQ 0%
4 property types
Flats ₦600,000,000
Houses ₦2,500,000,000
Commercial Property ₦5,100,000,000
Land ₦3,000,000,000
Apo
₦350,000,000
Avg ₦1,300,475,513
Low ₦4.5M
High ₦270B
No. 722
QoQ +25%
3 property types
Flats ₦110,000,000
Houses ₦380,000,000
Land ₦110,000,000
₦450,000,000
Avg ₦778,783,936
Low ₦25M
High ₦13B
No. 484
QoQ +12.5%
3 property types
Flats ₦160,000,000
Houses ₦530,000,000
Land ₦1,200,000,000

Oyo

Oyo — property for rent

Most listings first
₦3,000,000/yr
Avg ₦6,571,630/yr
Low ₦60K
High ₦300M
No. 227
QoQ -25%
3 property types
Flats ₦1,500,000/yr
Houses ₦7,000,000/yr
Commercial Property ₦3,500,000/yr
₦3,000,000/yr
Avg ₦6,525,777/yr
Low ₦60K
High ₦300M
No. 206
QoQ -25%
3 property types
Flats ₦1,500,000/yr
Houses ₦7,000,000/yr
Commercial Property ₦3,500,000/yr

Oyo — property for sale

Most listings first
₦145,000,000
Avg ₦284,678,173
Low ₦648K
High ₦50B
No. 2,357
QoQ -3.3%
4 property types
Flats ₦75,000,000
Houses ₦150,000,000
Commercial Property ₦400,000,000
Land ₦100,000,000
₦150,000,000
Avg ₦268,384,001
Low ₦648K
High ₦50B
No. 2,100
QoQ -3.2%
4 property types
Flats ₦80,000,000
Houses ₦150,000,000
Commercial Property ₦420,000,000
Land ₦120,000,000
₦90,000,000
Avg ₦175,597,154
Low ₦3M
High ₦2.5B
No. 123
QoQ -5.3%
1 property type
Houses ₦90,000,000
₦150,000,000
Avg ₦252,129,630
Low ₦8M
High ₦1.9B
No. 54
QoQ 0%
1 property type
Houses ₦150,000,000
₦150,000,000
Avg ₦2,945,909,091
Low ₦50M
High ₦50B
No. 22
QoQ +7.1%

Rivers

Rivers — property for rent

Most listings first
₦6,000,000/yr
Avg ₦11,963,303/yr
Low ₦382.8K
High ₦185M
No. 279
QoQ +50%
3 property types
Flats ₦3,000,000/yr
Houses ₦12,000,000/yr
Commercial Property ₦10,000,000/yr
₦6,000,000/yr
Avg ₦11,963,303/yr
Low ₦382.8K
High ₦185M
No. 279
QoQ +50%
3 property types
Flats ₦3,000,000/yr
Houses ₦12,000,000/yr
Commercial Property ₦10,000,000/yr

Rivers — property for sale

Most listings first
₦200,000,000
Avg ₦474,149,856
Low ₦350K
High ₦30B
No. 1,736
QoQ -4.8%
4 property types
Flats ₦120,000,000
Houses ₦210,000,000
Commercial Property ₦650,000,000
Land ₦80,000,000
Avg ₦479,356,400
Low ₦350K
High ₦30B
No. 1,711
QoQ -9.1%
4 property types
Flats ₦120,000,000
Houses ₦220,000,000
Commercial Property ₦650,000,000
Land ₦80,000,000

Ogun

Ogun — property for rent

Most listings first
₦1,500,000/yr
Avg ₦12,187,931/yr
Low ₦50K
High ₦450M
No. 203
QoQ -25%
2 property types
Flats ₦1,100,000/yr
Commercial Property ₦50,000,000/yr
₦3,000,000/yr
Avg ₦10,444,545/yr
Low ₦750K
High ₦140M
No. 55
QoQ 0%
1 property type
Flats ₦2,500,000/yr
₦500,000/yr
Avg ₦1,944,054/yr
Low ₦150K
High ₦20M
No. 37
QoQ —
1 property type
Flats ₦450,000/yr
₦1,500,000/yr
Avg ₦3,247,222/yr
Low ₦500K
High ₦60M
No. 36
QoQ 0%
1 property type
Flats ₦1,500,000/yr

Ogun — property for sale

Most listings first
₦65,000,000
Avg ₦2,728,924,409
Low ₦350K
High ₦250B
No. 1,471
QoQ 0%
4 property types
Flats ₦50,000,000
Houses ₦75,000,000
Commercial Property ₦900,000,000
Land ₦20,000,000
₦47,000,000
Avg ₦360,209,184
Low ₦4M
High ₦10B
No. 196
QoQ +10.6%
2 property types
Houses ₦60,000,000
Land ₦9,250,000
₦150,000,000
Avg ₦319,243,386
Low ₦15M
High ₦6B
No. 189
QoQ 0%
2 property types
Houses ₦200,000,000
Land ₦80,000,000
₦73,000,000
Avg ₦132,938,855
Low ₦2.8M
High ₦7B
No. 166
QoQ -2.7%
2 property types
Houses ₦78,000,000
Land ₦20,000,000
Ifo
₦80,000,000
Avg ₦1,139,000,000
Low ₦3M
High ₦120B
No. 142
QoQ -5.9%
3 property types
Houses ₦80,000,000
Commercial Property ₦350,000,000
Land ₦35,000,000
₦65,000,000
Avg ₦21,672,224,138
Low ₦4M
High ₦250B
No. 116
QoQ 0%
2 property types
Houses ₦70,000,000
Land ₦40,000,000
₦35,000,000
Avg ₦331,389,286
Low ₦1.8M
High ₦7B
No. 91
QoQ -30.7%
2 property types
Houses ₦35,000,000
Land ₦5,000,000
₦38,500,000
Avg ₦131,736,000
Low ₦400K
High ₦4B
No. 75
QoQ +16.7%
2 property types
Houses ₦50,000,000
Land ₦14,000,000
₦50,000,000
Avg ₦12,488,614,754
Low ₦3.5M
High ₦250B
No. 61
QoQ 0%
2 property types
Houses ₦35,000,000
Land ₦22,000,000
₦6,000,000
Avg ₦151,756,148
Low ₦450K
High ₦3B
No. 61
QoQ -37%
1 property type
Land ₦4,100,000
₦45,000,000
Avg ₦621,087,288
Low ₦950K
High ₦20B
No. 59
QoQ —

Enugu

Enugu — property for rent

Most listings first
₦1,700,000/yr
Avg ₦3,037,778/yr
Low ₦250K
High ₦25M
No. 45
QoQ —
1 property type
Flats ₦1,200,000/yr
₦2,000,000/yr
Avg ₦3,270,732/yr
Low ₦250K
High ₦25M
No. 41
QoQ —
1 property type
Flats ₦1,500,000/yr

Enugu — property for sale

Most listings first
₦150,000,000
Avg ₦244,911,017
Low ₦600K
High ₦15B
No. 767
QoQ 0%
4 property types
Flats ₦150,000,000
Houses ₦170,000,000
Commercial Property ₦350,000,000
Land ₦47,000,000
₦150,000,000
Avg ₦246,000,331
Low ₦600K
High ₦15B
No. 756
QoQ 0%
4 property types
Flats ₦130,000,000
Houses ₦170,000,000
Commercial Property ₦400,000,000
Land ₦49,000,000

Edo

Edo — property for rent

Most listings first
₦1,738,800/yr
Avg ₦3,640,206/yr
Low ₦382.8K
High ₦17M
No. 31
QoQ 0%
₦1,738,800/yr
Avg ₦3,744,880/yr
Low ₦382.8K
High ₦17M
No. 30
QoQ 0%

Edo — property for sale

Most listings first
₦130,000,000
Avg ₦351,502,717
Low ₦390K
High ₦7.5B
No. 272
QoQ 0%
3 property types
Houses ₦140,000,000
Commercial Property ₦300,000,000
Land ₦80,000,000
₦150,000,000
Avg ₦361,366,063
Low ₦2M
High ₦5B
No. 221
QoQ 0%
3 property types
Houses ₦150,000,000
Commercial Property ₦350,000,000
Land ₦95,000,000
₦70,000,000
Avg ₦122,152,500
Low ₦8M
High ₦650M
No. 20
QoQ -6.7%

Akwa Ibom

Akwa Ibom — property for sale

Most listings first
₦50,000,000
Avg ₦527,212,670
Low ₦3.5M
High ₦37B
No. 221
QoQ 0%
2 property types
Houses ₦80,000,000
Land ₦20,000,000
₦50,000,000
Avg ₦119,305,419
Low ₦3.5M
High ₦2B
No. 203
QoQ 0%
2 property types
Houses ₦85,000,000
Land ₦20,000,000

Delta

Delta — property for sale

Most listings first
₦120,000,000
Avg ₦787,168,121
Low ₦500K
High ₦20B
No. 149
QoQ -20%
3 property types
Houses ₦275,000,000
Commercial Property ₦1,100,000,000
Land ₦15,000,000
₦120,000,000
Avg ₦462,481,604
Low ₦500K
High ₦4.5B
No. 106
QoQ -40%
2 property types
Houses ₦320,000,000
Land ₦15,000,000
₦120,000,000
Avg ₦3,131,225,000
Low ₦7.5M
High ₦20B
No. 20
QoQ —

Osun

Osun — property for sale

Most listings first
₦45,000,000
Avg ₦114,567,523
Low ₦600K
High ₦2.5B
No. 107
QoQ -10%
2 property types
Houses ₦50,000,000
Land ₦10,000,000
₦40,000,000
Avg ₦119,427,926
Low ₦600K
High ₦2.5B
No. 94
QoQ -11.1%
2 property types
Houses ₦50,000,000
Land ₦9,425,000

Ondo

Ondo — property for sale

Most listings first
₦60,000,000
Avg ₦112,680,952
Low ₦2.5M
High ₦900M
No. 105
QoQ -20%
2 property types
Houses ₦95,000,000
Land ₦55,000,000
₦60,000,000
Avg ₦114,745,098
Low ₦2.5M
High ₦900M
No. 102
QoQ -20%
2 property types
Houses ₦98,000,000
Land ₦55,000,000

Imo

Imo — property for sale

Most listings first
₦75,000,000
Avg ₦349,822,059
Low ₦650K
High ₦8B
No. 102
QoQ 0%
2 property types
Houses ₦160,000,000
Land ₦16,000,000
Avg ₦463,882,836
Low ₦650K
High ₦8B
No. 67
QoQ -23.1%
2 property types
Houses ₦160,000,000
Land ₦17,000,000
₦16,000,000
Avg ₦122,509,524
Low ₦750K
High ₦2B
No. 21
QoQ —

Anambra

Anambra — property for sale

Most listings first
₦95,000,000
Avg ₦358,422,667
Low ₦1.8M
High ₦4.2B
No. 75
QoQ +11.8%
2 property types
Houses ₦165,000,000
Land ₦35,000,000
₦100,000,000
Avg ₦415,164,516
Low ₦1.8M
High ₦4.2B
No. 62
QoQ +11.1%
2 property types
Houses ₦250,000,000
Land ₦35,000,000

Nasarawa

Nasarawa — property for sale

Most listings first
₦65,000,000
Avg ₦185,004,808
Low ₦3.6M
High ₦1.6B
No. 52
QoQ +18.2%
2 property types
Houses ₦55,000,000
Land ₦50,000,000
₦55,000,000
Avg ₦142,267,742
Low ₦3.6M
High ₦650M
No. 31
QoQ +10%

Kwara

Kwara — property for sale

Most listings first
₦36,000,000
Avg ₦84,225,667
Low ₦300K
High ₦600M
No. 33
QoQ -10%

Kano

Kano — property for rent

Most listings first
₦5,000,000/yr
Avg ₦141,971,375/yr
Low ₦382.8K
High ₦2B
No. 32
QoQ —
1 property type
Commercial Property ₦2,086,800/yr

Kano — property for sale

Most listings first
₦220,000,000
Avg ₦416,034,483
Low ₦15M
High ₦2B
No. 29
QoQ +24.3%
1 property type
Houses ₦170,000,000

Kaduna

Kaduna — property for sale

Most listings first
₦350,000,000
Avg ₦1,725,192,308
Low ₦10M
High ₦35B
No. 26
QoQ 0%

Abia

Abia — property for sale

Most listings first
₦10,500,000
Avg ₦85,956,522
Low ₦2.5M
High ₦750M
No. 23
QoQ 0%

Plateau

Plateau — property for sale

Most listings first
₦35,000,000
Avg ₦94,183,750
Low ₦10M
High ₦400M
No. 20
QoQ —
Frequently asked

Questions this report answers

What is the median asking price for property in Nigeria?

In Q4 2026 the median asking price for property for sale in Nigeria was ₦320,000,000, across 93,383 published listings.

What is the median rent in Nigeria?

In Q4 2026 the median advertised rent in Nigeria was ₦13,000,000/yr, across 38,861 published listings.

Which state has the most expensive property in Nigeria?

Abuja, at a median asking price of ₦380,000,000 in Q4 2026.

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, 0.8% of published listings for sale in Nigeria had their asking price cut by the advertiser, and 0.8% had it raised, with a median cut of 9.1%. It leaves out corrections made within an hour of publishing. Covers 1 Oct – 19 Oct 2026.

How many enquiries does a rental listing get in Nigeria?

In the 28 days to 16 Oct 2026, rental listings in Nigeria received 115.9 enquiries per 100 listings, and 38.4% of listings received at least one, across 38,172 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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