Nigeria Property Centre
Market Report · Q4 2026

Nigeria property asking prices, Q4 2026.

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

PDF summary
Median for rent
₦13M/yr
0% QoQ
Median for sale
₦320M
0% QoQ
3-bed
₦200M
0% QoQ
Per plot
₦25M
0% QoQ
Best yield
7.5%
Abuja
Short let
₦150K a night
0% QoQ
To sell
76 days
from 5,439 completed sales
Priciest
Lagos
₦350M median
Listings
142,249
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 76,989 listings.
  • The most affordable of the 9 ranked states to buy is Akwa Ibom, with a median asking price of ₦50,000,000 across 255 listings.
  • Abuja has the highest median rent, at ₦14,000,000/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 ₦3,000,000 in Ado-Odo/Ota 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 Ogun, where the median sale asking price rose 6.2%.
  • Lagos accounts for the largest share of the market, with 114,236 of the 142,249 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
Abuja
₦14M/yr
02
Lagos
₦13M/yr
03
Rivers
₦6M/yr
04
Oyo
₦4M/yr
05
Ogun
₦1.8M/yr
Q4 2026 · Top 9 states

Median sale asking price by state

01
Lagos
₦350M
02
Abuja
₦350M
03
Rivers
₦220M
04
Oyo
₦150M
05
Enugu
₦150M
06
Delta
₦150M
07
Edo
₦130M
08
Ogun
₦69M
09
Akwa Ibom
₦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

Median days to let 26 days from 10,781 completed lets
Median days to sell 76 days from 5,439 completed sales
Fastest first · last 12 months

Days to let by state

01
Oyo
22 days
02
Lagos
25 days
03
Abuja
27 days
04
Ogun
28 days
05
Rivers
53 days
Fastest first · last 12 months

Days to sell by state

01
Lagos
69 days
02
Oyo
75 days
03
Ogun
83 days
04
Rivers
88 days
05
Abuja
100 days
06
Enugu
293 days

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

How asking prices are moving

Covers 1 Oct – 3 Oct 2026.

Rental listings repriced 0.5% 0.3% cut · 0.2% raised
Median rental price cut 10.5% across 119 listings cut
Days to a first cut on rental listings 7 days median, from publication to the first cut
Rental cuts moving towards the local median 41.7% of cuts in areas with a comparable median
Sale listings repriced 0.2% 0.1% cut · 0.1% raised
Median sale price cut 7.7% across 96 listings cut
Days to a first cut on sale listings 5 days median, from publication to the first cut
Sale cuts moving towards the local median 57.3% of cuts in areas with a comparable median

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 110.6 in the 28 days to 1 Oct, across 43,538 listings
Rental listings with at least one enquiry 36.5% in the 28 days to 1 Oct
Rental listings asking above the local going rate 40.0% more than 10% over their area's median · 39.6% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 136.9 vs 64.7 at or up to 10% over the area median vs more than 10% over it
Enquiries per 100 sale listings 26.7 in the 28 days to 1 Oct, across 98,552 listings
Sale listings with at least one enquiry 15.9% in the 28 days to 1 Oct
Sale listings asking above the local going rate 41.1% more than 10% over their area's median · 40.3% more than 10% under · of listings with a comparable area median
Enquiries per 100: priced at the going rate vs above it 29.5 vs 22.2 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 1 Oct

Rental enquiries by state

01
Ogun
341.2
02
Lagos
112.2
03
Edo
103.7
04
Rivers
97.5
05
Abuja
95.4
06
Oyo
71.9
07
Kano
15.0
Most enquiries first · per 100 listings, in the 28 days to 1 Oct

Sale enquiries by state

01
Ogun
41.4
02
Abuja
37.1
03
Delta
36.0
04
Akwa Ibom
31.8
05
Abia
28.0
06
Lagos
25.5
07
Nasarawa
25.0
08
Anambra
24.4
09
Ondo
21.4
10
Kano
20.6

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

National asking prices

Nigeria — property for rent

All types first
All types ₦13,000,000/yr
Avg ₦46,836,184/yr
Low ₦50K
High ₦840B
No. 43,587
QoQ 0%
Flats ₦8,500,000/yr
Avg ₦53,949,076/yr
Low ₦84K
High ₦840B
No. 23,544
QoQ 0%
Houses ₦19,000,000/yr
Avg ₦32,277,059/yr
Low ₦250K
High ₦3.5B
No. 16,314
QoQ +5.6%
Commercial Property ₦15,000,000/yr
Avg ₦58,132,878/yr
Low ₦50K
High ₦54B
No. 3,356
QoQ 0%
Land ₦50,000,000/yr
Avg ₦139,156,799/yr
Low ₦70K
High ₦13B
No. 348
QoQ -9.1%

Nigeria — property for sale

All types first
All types ₦320,000,000
Avg ₦1,300,875,073
Low ₦300K
High ₦4,500B
No. 98,662
QoQ 0%
Flats ₦240,000,000
Avg ₦448,037,104
Low ₦600K
High ₦620B
No. 16,660
QoQ 0%
Houses ₦350,000,000
Avg ₦944,446,025
Low ₦300K
High ₦3,000B
No. 63,630
QoQ 0%
Commercial Property ₦1,300,000,000
Avg ₦6,604,453,671
Low ₦300K
High ₦4,500B
No. 3,709
QoQ 0%
Land ₦270,000,000
Avg ₦2,475,359,738
Low ₦300K
High ₦3,500B
No. 14,661
QoQ +8%

By bedroom count

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

Property for rent by bedrooms

Fewest bedrooms first
1 bedroom ₦3,500,000/yr
Avg ₦7,070,247/yr
Low ₦50K
High ₦6.5B
No. 4,470
2 bedrooms ₦9,000,000/yr
Avg ₦13,319,281/yr
Low ₦350K
High ₦765M
No. 8,755
3 bedrooms ₦15,000,000/yr
Avg ₦27,034,896/yr
Low ₦550K
High ₦35B
No. 10,213
4 bedrooms ₦18,000,000/yr
Avg ₦27,894,002/yr
Low ₦260K
High ₦1.2B
No. 10,123
5 bedrooms ₦35,000,000/yr
Avg ₦50,312,361/yr
Low ₦1.1M
High ₦1.5B
No. 3,427

Property for sale by bedrooms

Fewest bedrooms first
1 bedroom ₦100,000,000
Avg ₦169,333,919
Low ₦2.5M
High ₦53B
No. 1,738
2 bedrooms ₦190,000,000
Avg ₦301,572,318
Low ₦700K
High ₦240B
No. 10,273
3 bedrooms ₦200,000,000
Avg ₦356,002,679
Low ₦550K
High ₦85B
No. 13,067
4 bedrooms ₦280,000,000
Avg ₦757,020,345
Low ₦300K
High ₦3,000B
No. 27,061
5 bedrooms ₦550,000,000
Avg ₦1,152,735,745
Low ₦360K
High ₦820B
No. 21,416

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
Ado-Odo/Ota, Ogun ₦3,000,000
Low ₦1.5M
High ₦47M
No. 24
Ibadan, Oyo ₦3,500,000
Low ₦700K
High ₦180M
No. 128
Ijebu Ode, Ogun ₦3,500,000
Low ₦500K
High ₦22M
No. 28
Ikorodu, Lagos ₦4,200,000
Low ₦900K
High ₦220M
No. 83
Aba, Abia ₦5,400,000
Low ₦400K
High ₦100M
No. 20
Kuje, Abuja ₦6,000,000
Low ₦2M
High ₦30M
No. 75
Mowe Ofada, Ogun ₦7,200,000
Low ₦1.5M
High ₦30M
No. 64
Asaba, Delta ₦7,500,000
Low ₦650K
High ₦850M
No. 115
Awka, Anambra ₦8,500,000
Low ₦2M
High ₦65M
No. 22
Epe, Lagos ₦9,000,000
Low ₦900K
High ₦60M
No. 105
Kabusa, Abuja ₦12,000,000
Low ₦4.3M
High ₦48M
No. 66
Mowe Town, Ogun ₦13,950,000
Low ₦3.5M
High ₦28M
No. 21
Enugu, Enugu ₦15,000,000
Low ₦1.2M
High ₦400M
No. 50
Lugbe District, Abuja ₦15,400,000
Low ₦3.6M
High ₦3.5B
No. 102
Idu Industrial, Abuja ₦16,500,000
Low ₦4M
High ₦100M
No. 83
Apo, Abuja ₦22,000,000
Low ₦3.8M
High ₦12.5B
No. 157
Karsana, Abuja ₦30,000,000
Low ₦12M
High ₦5.5B
No. 62
Ibeju Lekki, Lagos ₦35,000,000
Low ₦1.3M
High ₦369.7M
No. 529
Port Harcourt, Rivers ₦40,000,000
Low ₦2.5M
High ₦200M
No. 76
Galadimawa, Abuja ₦45,000,000
Low ₦10M
High ₦160M
No. 25
Katampe, Abuja ₦57,000,000
Low ₦20M
High ₦27.8B
No. 58
Ajah, Lagos ₦65,000,000
Low ₦10M
High ₦550M
No. 301
Guzape District, Abuja ₦140,000,000
Low ₦7.5M
High ₦2B
No. 90
Asokoro District, Abuja ₦198,750,000
Low ₦15M
High ₦1.5B
No. 23
Lekki, Lagos ₦200,000,000
Low ₦9M
High ₦2.9B
No. 294
Ikeja, Lagos ₦400,000,000
Low ₦50M
High ₦900M
No. 45

Rental yield

Highest gross rental yields

Highest yield first
Abuja — 2-bed 7.5%
Price ₦100,000,000
No. 693
Lagos — 5-bed 6.9%
Price ₦580,000,000
No. 18,105
Lagos — 3-bed 6.8%
Price ₦250,000,000
No. 10,237
Abuja — 3-bed 6.67%
Price ₦150,000,000
No. 1,795
Ikeja — house 6.67%
Price ₦450,000,000
No. 4,254
Lagos — 4-bed 6.61%
Price ₦280,000,000
No. 21,570
Abuja — 4-bed 5.63%
Price ₦320,000,000
No. 3,667
Abuja — flat / apartment 5.52%
Price ₦145,000,000
No. 1,461
Lagos — house 5.29%
Price ₦350,000,000
No. 49,924
Lagos — 2-bed 5%
Price ₦200,000,000
No. 9,173
Abuja — 5-bed 5%
Price ₦600,000,000
No. 2,495
Abuja — house 5%
Price ₦400,000,000
No. 8,938
Victoria Island (VI) — flat / apartment 5%
Price ₦500,000,000
No. 1,523
Ikoyi — flat / apartment 5%
Price ₦800,000,000
No. 1,475
Ajah — house 4.44%
Price ₦180,000,000
No. 7,516

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
Ikoyi — 4-bed ₦410,000
Nights —
No. 101
Lekki — 5-bed ₦350,000
Nights —
No. 215
Eko Atlantic City ₦350,000
Nights —
No. 124
Eko Atlantic City — 3-bed ₦350,000
Nights —
No. 68
Eko Atlantic City — 2-bed ₦350,000
Nights —
No. 42
Abuja — 5-bed ₦350,000
Nights 86 nights
No. 21
Ikeja — 5-bed ₦335,000
Nights —
No. 41
Lagos — 5-bed ₦320,000
Nights 125 nights
No. 312
Ikoyi — 3-bed ₦300,000
Nights —
No. 506
Victoria Island (VI) — 4-bed ₦280,000
Nights —
No. 143
Magodo — 4-bed ₦280,000
Nights —
No. 21
Guzape District — 4-bed ₦270,000
Nights —
No. 37
Ikeja — 4-bed ₦260,000
Nights —
No. 172
Lagos — 4-bed ₦250,000
Nights 74 nights
No. 1,362
Ikoyi ₦250,000
Nights 200 nights
No. 1,063
Wuse 2 — 3-bed ₦250,000
Nights —
No. 56
Maitama District — 3-bed ₦250,000
Nights —
No. 32
Abuja — 4-bed ₦249,000
Nights 72 nights
No. 145
Ikoyi — 2-bed ₦230,000
Nights —
No. 219
Lekki — 4-bed ₦220,000
Nights —
No. 827
Victoria Island (VI) — 3-bed ₦220,000
Nights —
No. 479
Maitama District — 2-bed ₦220,000
Nights —
No. 47
Katampe — 3-bed ₦210,000
Nights —
No. 28
Victoria Island (VI) — 2-bed ₦200,000
Nights —
No. 350
Guzape District ₦200,000
Nights 100 nights
No. 119
Jahi — 3-bed ₦200,000
Nights —
No. 66
Lagos — 3-bed ₦195,000
Nights 87 nights
No. 3,048
Rivers — 3-bed ₦195,000
Nights 31 nights
No. 25
Victoria Island (VI) ₦190,000
Nights 147 nights
No. 1,318
Abuja — 3-bed ₦190,000
Nights 53 nights
No. 408
Oyo — 3-bed ₦190,000
Nights 26 nights
No. 46
Wuye — 3-bed ₦190,000
Nights —
No. 40
Ibadan — 3-bed ₦190,000
Nights —
No. 38
Port Harcourt — 3-bed ₦190,000
Nights —
No. 24
Ikeja — 3-bed ₦185,000
Nights —
No. 326
Lekki — 3-bed ₦180,000
Nights —
No. 1,399
Maitama District ₦180,000
Nights 250 nights
No. 119
Guzape District — 3-bed ₦180,000
Nights —
No. 34
Guzape District — 2-bed ₦180,000
Nights —
No. 31
Magodo — 3-bed ₦180,000
Nights —
No. 25
Wuse 2 — 2-bed ₦175,000
Nights —
No. 89
Rivers — 2-bed ₦165,000
Nights 21 nights
No. 53
Port Harcourt — 2-bed ₦165,000
Nights —
No. 52
Edo ₦165,000
Nights 11 nights
No. 29
Oredo ₦165,000
Nights 11 nights
No. 29
Gwarinpa — 3-bed ₦165,000
Nights —
No. 28
Lekki — 2-bed ₦160,000
Nights —
No. 2,652
Ajah — 4-bed ₦160,000
Nights —
No. 45
Maryland — 3-bed ₦160,000
Nights —
No. 45
Katampe — 2-bed ₦160,000
Nights —
No. 22
Lagos ₦150,000
Nights 87 nights
No. 12,523
Lekki ₦150,000
Nights 80 nights
No. 7,138
Lagos — 2-bed ₦150,000
Nights 67 nights
No. 4,166
Ikeja ₦150,000
Nights 153 nights
No. 1,337
Abuja — 2-bed ₦150,000
Nights 50 nights
No. 633
Ikeja — 2-bed ₦150,000
Nights —
No. 415
Wuse 2 ₦150,000
Nights —
No. 258
Ikoyi — 1-bed ₦150,000
Nights —
No. 200
Port Harcourt ₦150,000
Nights 40 nights
No. 124
Jahi — 2-bed ₦150,000
Nights —
No. 109
Maryland ₦150,000
Nights —
No. 92
Surulere — 3-bed ₦150,000
Nights —
No. 21
Jahi ₦145,000
Nights 90 nights
No. 270
Abuja ₦140,000
Nights 100 nights
No. 2,034
Oyo ₦140,000
Nights 29 nights
No. 156
Ibadan ₦140,000
Nights 29 nights
No. 125
Ibadan — 2-bed ₦140,000
Nights —
No. 49
Gwarinpa — 2-bed ₦140,000
Nights —
No. 41
Enugu ₦140,000
Nights —
No. 34
Enugu ₦140,000
Nights —
No. 34
Maryland — 2-bed ₦140,000
Nights —
No. 23
Rivers ₦135,000
Nights 44 nights
No. 130
Asokoro District ₦135,000
Nights 185 nights
No. 91
Katampe ₦130,000
Nights 115 nights
No. 114
Wuye — 2-bed ₦130,000
Nights —
No. 66
Ajah — 3-bed ₦130,000
Nights —
No. 65
Maitama District — 1-bed ₦130,000
Nights —
No. 37
Garki — 2-bed ₦130,000
Nights —
No. 26
Life Camp — 2-bed ₦130,000
Nights —
No. 22
Victoria Island (VI) — 1-bed ₦125,000
Nights —
No. 275
Magodo ₦120,000
Nights 83 nights
No. 145
Surulere — 2-bed ₦120,000
Nights —
No. 78
Garki ₦120,000
Nights —
No. 70
Oyo — 2-bed ₦120,000
Nights 17 nights
No. 63
Magodo — 2-bed ₦120,000
Nights —
No. 55
Asokoro District — 1-bed ₦120,000
Nights —
No. 45
Life Camp — 3-bed ₦120,000
Nights —
No. 33
Yaba — 2-bed ₦120,000
Nights —
No. 25
Gwarinpa ₦115,000
Nights 61 nights
No. 158
Lekki — 1-bed ₦110,000
Nights —
No. 1,727
Wuye ₦110,000
Nights 136 nights
No. 209
Ajah — 2-bed ₦110,000
Nights —
No. 84
Wuse 2 — 1-bed ₦110,000
Nights —
No. 84
Life Camp ₦105,000
Nights 95 nights
No. 113
Lagos — 1-bed ₦100,000
Nights 35 nights
No. 2,949
Katampe — 1-bed ₦100,000
Nights —
No. 41
Rivers — 1-bed ₦100,000
Nights —
No. 36
Port Harcourt — 1-bed ₦100,000
Nights —
No. 35
Ikeja — 1-bed ₦95,000
Nights —
No. 284
Abuja — 1-bed ₦90,000
Nights 44 nights
No. 563
Ajah ₦90,000
Nights 44 nights
No. 322
Jahi — 1-bed ₦90,000
Nights —
No. 44
Magodo — 1-bed ₦90,000
Nights —
No. 26
Surulere ₦85,000
Nights 65 nights
No. 241
Gwarinpa — 1-bed ₦85,000
Nights —
No. 39
Yaba — 1-bed ₦80,000
Nights —
No. 87
Wuye — 1-bed ₦80,000
Nights —
No. 71
Ogun ₦80,000
Nights 23 nights
No. 47
Yaba ₦75,000
Nights 53 nights
No. 195
Surulere — 1-bed ₦70,000
Nights —
No. 102
Garki — 1-bed ₦65,000
Nights —
No. 20
Ajah — 1-bed ₦60,000
Nights —
No. 94
Life Camp — 1-bed ₦60,000
Nights —
No. 28

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

By state

Property for rent by state

Most listings first
Lagos ₦13,000,000/yr
Avg ₦50,605,655/yr
Low ₦50K
High ₦840B
No. 37,247
QoQ 0%
Abuja ₦14,000,000/yr
Avg ₦26,914,910/yr
Low ₦50K
High ₦2B
No. 5,531
QoQ +3.7%
Oyo ₦4,000,000/yr
Avg ₦7,144,889/yr
Low ₦60K
High ₦300M
No. 270
QoQ 0%
Rivers ₦6,000,000/yr
Avg ₦11,886,278/yr
Low ₦382.8K
High ₦185M
No. 236
QoQ +50%
Ogun ₦1,800,000/yr
Avg ₦14,027,118/yr
Low ₦60K
High ₦450M
No. 170
QoQ -10%
Edo ₦1,738,800/yr
Avg ₦3,668,385/yr
Low ₦382.8K
High ₦17M
No. 27
QoQ 0%
Kano ₦2,086,800/yr
Avg ₦4,354,200/yr
Low ₦382.8K
High ₦15.1M
No. 20
QoQ —

Property for sale by state

Most listings first
Lagos ₦350,000,000
Avg ₦1,189,410,046
Low ₦300K
High ₦4,500B
No. 76,989
QoQ 0%
Abuja ₦350,000,000
Avg ₦2,243,191,412
Low ₦320K
High ₦3,500B
No. 13,643
QoQ 0%
Oyo ₦150,000,000
Avg ₦268,441,613
Low ₦540K
High ₦50B
No. 3,167
QoQ 0%
Rivers ₦220,000,000
Avg ₦530,104,878
Low ₦1.5M
High ₦30B
No. 1,435
QoQ +4.8%
Ogun ₦69,000,000
Avg ₦2,407,763,426
Low ₦400K
High ₦250B
No. 1,302
QoQ +6.2%
Enugu ₦150,000,000
Avg ₦238,358,942
Low ₦500K
High ₦15B
No. 808
QoQ 0%
Edo ₦130,000,000
Avg ₦348,046,544
Low ₦390K
High ₦7.5B
No. 307
QoQ 0%
Akwa Ibom ₦50,000,000
Avg ₦460,665,882
Low ₦300K
High ₦37B
No. 255
QoQ 0%
Delta ₦150,000,000
Avg ₦504,862,500
Low ₦450K
High ₦13B
No. 164
QoQ 0%
Ondo ₦75,000,000
Avg ₦140,122,330
Low ₦1M
High ₦1.7B
No. 103
QoQ 0%
Imo ₦95,000,000
Avg ₦573,551,786
Low ₦650K
High ₦13B
No. 84
QoQ +26.7%
Anambra ₦90,000,000
Avg ₦351,551,220
Low ₦1.8M
High ₦4.2B
No. 82
QoQ +5.9%
Osun ₦50,000,000
Avg ₦90,086,824
Low ₦2.5M
High ₦500M
No. 74
QoQ 0%
Kwara ₦40,000,000
Avg ₦152,407,543
Low ₦300K
High ₦2B
No. 46
QoQ 0%
Nasarawa ₦55,000,000
Avg ₦172,875,000
Low ₦6M
High ₦1.6B
No. 44
QoQ 0%
Kano ₦170,000,000
Avg ₦390,852,941
Low ₦12M
High ₦2B
No. 34
QoQ -4%
Kaduna ₦380,000,000
Avg ₦23,830,967,742
Low ₦8M
High ₦690B
No. 31
QoQ +8.6%
Abia ₦10,500,000
Avg ₦80,276,000
Low ₦2.5M
High ₦750M
No. 25
QoQ 0%

Lagos

Lagos — property for rent

Most listings first
Statewide ₦13,000,000/yr
Avg ₦50,605,655/yr
Low ₦50K
High ₦840B
No. 37,247
QoQ 0%
4 property types
Flats ₦9,000,000/yr
Houses ₦18,500,000/yr
Commercial Property ₦16,000,000/yr
Land ₦60,000,000/yr
Lekki ₦12,000,000/yr
Avg ₦17,518,804/yr
Low ₦65K
High ₦6.5B
No. 18,741
QoQ 0%
4 property types
Flats ₦8,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦15,000,000/yr
Land ₦80,000,000/yr
Ikoyi ₦50,000,000/yr
Avg ₦61,865,221/yr
Low ₦100K
High ₦3.5B
No. 5,269
QoQ 0%
4 property types
Flats ₦40,000,000/yr
Houses ₦60,000,000/yr
Commercial Property ₦36,000,000/yr
Land ₦120,000,000/yr
Ajah ₦4,000,000/yr
Avg ₦6,528,983/yr
Low ₦150K
High ₦1.8B
No. 3,866
QoQ 0%
4 property types
Flats ₦2,700,000/yr
Houses ₦8,000,000/yr
Commercial Property ₦5,000,000/yr
Land ₦15,000,000/yr
Victoria Island (VI) ₦28,000,000/yr
Avg ₦45,627,879/yr
Low ₦120K
High ₦13B
No. 3,314
QoQ 0%
4 property types
Flats ₦25,000,000/yr
Houses ₦35,000,000/yr
Commercial Property ₦60,000,000/yr
Land ₦60,000,000/yr
Ikeja ₦23,000,000/yr
Avg ₦480,715,002/yr
Low ₦55K
High ₦840B
No. 1,952
QoQ +2.2%
4 property types
Flats ₦10,000,000/yr
Houses ₦30,000,000/yr
Commercial Property ₦20,000,000/yr
Land ₦80,000,000/yr
Ibeju Lekki ₦2,200,000/yr
Avg ₦6,177,866/yr
Low ₦70K
High ₦240M
No. 613
QoQ +10%
4 property types
Flats ₦1,500,000/yr
Houses ₦6,000,000/yr
Commercial Property ₦9,000,000/yr
Land ₦15,000,000/yr
Yaba ₦4,000,000/yr
Avg ₦9,626,857/yr
Low ₦50K
High ₦300M
No. 525
QoQ 0%
3 property types
Flats ₦3,500,000/yr
Houses ₦13,000,000/yr
Commercial Property ₦8,000,000/yr
Magodo ₦10,000,000/yr
Avg ₦17,702,897/yr
Low ₦850K
High ₦750M
No. 397
QoQ +11.1%
2 property types
Flats ₦6,000,000/yr
Houses ₦15,000,000/yr
Gbagada ₦6,000,000/yr
Avg ₦8,265,256/yr
Low ₦382.8K
High ₦170M
No. 383
QoQ 0%
3 property types
Flats ₦4,500,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦5,000,000/yr
Surulere ₦5,500,000/yr
Avg ₦12,873,986/yr
Low ₦55K
High ₦250M
No. 350
QoQ -8.3%
3 property types
Flats ₦4,000,000/yr
Houses ₦15,000,000/yr
Commercial Property ₦12,000,000/yr

Lagos — property for sale

Most listings first
Statewide ₦350,000,000
Avg ₦1,189,410,046
Low ₦300K
High ₦4,500B
No. 76,989
QoQ 0%
4 property types
Flats ₦250,000,000
Houses ₦350,000,000
Commercial Property ₦1,600,000,000
Land ₦400,000,000
Lekki ₦350,000,000
Avg ₦1,017,563,105
Low ₦300K
High ₦3,000B
No. 36,379
QoQ 0%
4 property types
Flats ₦250,000,000
Houses ₦400,000,000
Commercial Property ₦1,300,000,000
Land ₦600,000,000
Ajah ₦165,000,000
Avg ₦311,086,480
Low ₦490K
High ₦210B
No. 9,708
QoQ 0%
4 property types
Flats ₦85,000,000
Houses ₦180,000,000
Commercial Property ₦65,000,000
Land ₦110,000,000
Ikeja ₦470,000,000
Avg ₦2,193,731,859
Low ₦850K
High ₦4,500B
No. 6,604
QoQ +4.4%
4 property types
Flats ₦250,000,000
Houses ₦450,000,000
Commercial Property ₦2,000,000,000
Land ₦1,000,000,000
Ikoyi ₦1,700,000,000
Avg ₦2,928,200,458
Low ₦1M
High ₦480B
No. 5,596
QoQ 0%
4 property types
Flats ₦800,000,000
Houses ₦2,300,000,000
Commercial Property ₦5,000,000,000
Land ₦2,500,000,000
Victoria Island (VI) ₦750,000,000
Avg ₦2,263,895,790
Low ₦600K
High ₦160B
No. 3,717
QoQ +4.2%
4 property types
Flats ₦500,000,000
Houses ₦800,000,000
Commercial Property ₦5,000,000,000
Land ₦4,000,000,000
Magodo ₦430,000,000
Avg ₦484,498,977
Low ₦600K
High ₦5.7B
No. 1,857
QoQ +7.5%
3 property types
Flats ₦250,000,000
Houses ₦450,000,000
Land ₦430,000,000
Ibeju Lekki ₦85,000,000
Avg ₦310,329,404
Low ₦1M
High ₦85B
No. 1,844
QoQ 0%
4 property types
Flats ₦90,000,000
Houses ₦93,600,000
Commercial Property ₦600,000,000
Land ₦50,000,000
Surulere ₦280,000,000
Avg ₦988,639,041
Low ₦850K
High ₦270B
No. 1,428
QoQ 0%
4 property types
Flats ₦110,000,000
Houses ₦330,000,000
Commercial Property ₦650,000,000
Land ₦380,000,000
Gbagada ₦250,000,000
Avg ₦286,198,520
Low ₦400K
High ₦3B
No. 1,149
QoQ 0%
3 property types
Flats ₦150,000,000
Houses ₦320,000,000
Land ₦180,000,000
Yaba ₦225,000,000
Avg ₦771,198,888
Low ₦900K
High ₦250B
No. 809
QoQ 0%
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
Statewide ₦14,000,000/yr
Avg ₦26,914,910/yr
Low ₦50K
High ₦2B
No. 5,531
QoQ +3.7%
4 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
Commercial Property ₦12,780,000/yr
Land ₦12,000,000/yr
Guzape District ₦20,000,000/yr
Avg ₦25,004,880/yr
Low ₦700K
High ₦300M
No. 502
QoQ 0%
2 property types
Flats ₦11,000,000/yr
Houses ₦25,000,000/yr
Maitama District ₦45,000,000/yr
Avg ₦63,164,723/yr
Low ₦170K
High ₦800M
No. 471
QoQ 0%
3 property types
Flats ₦25,000,000/yr
Houses ₦55,000,000/yr
Commercial Property ₦20,000,000/yr
Jahi ₦13,000,000/yr
Avg ₦23,960,177/yr
Low ₦2M
High ₦1B
No. 451
QoQ 0%
2 property types
Flats ₦10,000,000/yr
Houses ₦18,000,000/yr
Katampe ₦15,000,000/yr
Avg ₦23,156,078/yr
Low ₦850K
High ₦250M
No. 436
QoQ +15.4%
2 property types
Flats ₦9,000,000/yr
Houses ₦20,000,000/yr
Asokoro District ₦25,000,000/yr
Avg ₦43,318,499/yr
Low ₦130K
High ₦1.2B
No. 425
QoQ 0%
2 property types
Flats ₦15,000,000/yr
Houses ₦35,000,000/yr
Gwarinpa ₦7,000,000/yr
Avg ₦11,572,416/yr
Low ₦382.8K
High ₦400M
No. 343
QoQ 0%
3 property types
Flats ₦4,500,000/yr
Houses ₦12,000,000/yr
Commercial Property ₦7,000,000/yr
Wuye ₦15,000,000/yr
Avg ₦22,129,004/yr
Low ₦2M
High ₦1B
No. 231
QoQ +15.4%
2 property types
Flats ₦8,000,000/yr
Houses ₦20,000,000/yr
Life Camp ₦10,000,000/yr
Avg ₦12,468,384/yr
Low ₦1M
High ₦150M
No. 198
QoQ +17.6%
2 property types
Flats ₦5,500,000/yr
Houses ₦12,000,000/yr
Apo ₦10,000,000/yr
Avg ₦24,343,885/yr
Low ₦700K
High ₦1.2B
No. 139
QoQ 0%
2 property types
Flats ₦7,000,000/yr
Houses ₦11,000,000/yr
Lugbe District ₦6,000,000/yr
Avg ₦8,077,482/yr
Low ₦70K
High ₦90M
No. 139
QoQ +20%
2 property types
Flats ₦4,000,000/yr
Houses ₦7,000,000/yr

Abuja — property for sale

Most listings first
Statewide ₦350,000,000
Avg ₦2,243,191,412
Low ₦320K
High ₦3,500B
No. 13,643
QoQ 0%
4 property types
Flats ₦145,000,000
Houses ₦400,000,000
Commercial Property ₦2,500,000,000
Land ₦350,000,000
Guzape District ₦650,000,000
Avg ₦7,582,176,389
Low ₦320K
High ₦3,500B
No. 1,364
QoQ 0%
3 property types
Flats ₦200,000,000
Houses ₦700,000,000
Land ₦700,000,000
Katampe ₦450,000,000
Avg ₦908,962,315
Low ₦1.3M
High ₦25B
No. 1,317
QoQ 0%
3 property types
Flats ₦150,000,000
Houses ₦600,000,000
Land ₦550,000,000
Jahi ₦380,000,000
Avg ₦1,135,276,870
Low ₦3.6M
High ₦380B
No. 869
QoQ -5%
3 property types
Flats ₦190,000,000
Houses ₦400,000,000
Land ₦700,000,000
Lugbe District ₦90,000,000
Avg ₦507,253,340
Low ₦1M
High ₦55B
No. 849
QoQ 0%
4 property types
Flats ₦85,000,000
Houses ₦120,000,000
Commercial Property ₦1,700,000,000
Land ₦22,000,000
Asokoro District ₦1,500,000,000
Avg ₦2,645,957,272
Low ₦3M
High ₦40B
No. 832
QoQ +11.1%
4 property types
Flats ₦260,000,000
Houses ₦1,500,000,000
Commercial Property ₦15,000,000,000
Land ₦650,000,000
Life Camp ₦240,000,000
Avg ₦518,980,185
Low ₦6M
High ₦15B
No. 762
QoQ +4.3%
3 property types
Flats ₦100,000,000
Houses ₦260,000,000
Land ₦230,000,000
Apo ₦300,000,000
Avg ₦1,229,810,000
Low ₦4.5M
High ₦270B
No. 742
QoQ +7.1%
4 property types
Flats ₦120,000,000
Houses ₦380,000,000
Commercial Property ₦350,000,000
Land ₦70,000,000
Maitama District ₦2,500,000,000
Avg ₦3,722,850,135
Low ₦6.5M
High ₦35B
No. 740
QoQ 0%
3 property types
Flats ₦600,000,000
Houses ₦2,500,000,000
Land ₦2,700,000,000
Gwarinpa ₦300,000,000
Avg ₦3,210,599,068
Low ₦13M
High ₦1,800B
No. 696
QoQ 0%
4 property types
Flats ₦100,000,000
Houses ₦350,000,000
Commercial Property ₦260,000,000
Land ₦250,000,000
Wuye ₦420,000,000
Avg ₦761,802,827
Low ₦25M
High ₦13B
No. 477
QoQ +5%
3 property types
Flats ₦155,000,000
Houses ₦530,000,000
Land ₦1,000,000,000

Oyo

Oyo — property for rent

Most listings first
Statewide ₦4,000,000/yr
Avg ₦7,144,889/yr
Low ₦60K
High ₦300M
No. 270
QoQ 0%
3 property types
Flats ₦2,000,000/yr
Houses ₦8,000,000/yr
Commercial Property ₦6,000,000/yr
Ibadan ₦4,000,000/yr
Avg ₦7,200,400/yr
Low ₦60K
High ₦300M
No. 250
QoQ 0%
3 property types
Flats ₦2,000,000/yr
Houses ₦8,000,000/yr
Commercial Property ₦6,000,000/yr

Oyo — property for sale

Most listings first
Statewide ₦150,000,000
Avg ₦268,441,613
Low ₦540K
High ₦50B
No. 3,167
QoQ 0%
4 property types
Flats ₦80,000,000
Houses ₦160,000,000
Commercial Property ₦400,000,000
Land ₦125,000,000
Ibadan ₦160,000,000
Avg ₦255,086,018
Low ₦600K
High ₦30B
No. 2,861
QoQ +3.2%
4 property types
Flats ₦80,000,000
Houses ₦170,000,000
Commercial Property ₦400,000,000
Land ₦130,000,000
Oluyole ₦100,000,000
Avg ₦222,486,577
Low ₦3M
High ₦3.6B
No. 149
QoQ +5.3%
2 property types
Houses ₦100,000,000
Land ₦80,000,000
Ibadan North ₦150,000,000
Avg ₦211,901,639
Low ₦8M
High ₦1.5B
No. 61
QoQ 0%
1 property type
Houses ₦100,000,000
Ibadan North-West ₦150,000,000
Avg ₦2,152,903,226
Low ₦15M
High ₦50B
No. 31
QoQ +7.1%

Rivers

Rivers — property for rent

Most listings first
Statewide ₦6,000,000/yr
Avg ₦11,886,278/yr
Low ₦382.8K
High ₦185M
No. 236
QoQ +50%
3 property types
Flats ₦3,000,000/yr
Houses ₦10,000,000/yr
Commercial Property ₦10,000,000/yr
Port Harcourt ₦6,000,000/yr
Avg ₦11,886,278/yr
Low ₦382.8K
High ₦185M
No. 236
QoQ +50%
3 property types
Flats ₦3,000,000/yr
Houses ₦10,000,000/yr
Commercial Property ₦10,000,000/yr

Rivers — property for sale

Most listings first
Statewide ₦220,000,000
Avg ₦530,104,878
Low ₦1.5M
High ₦30B
No. 1,435
QoQ +4.8%
4 property types
Flats ₦120,000,000
Houses ₦220,000,000
Commercial Property ₦650,000,000
Land ₦70,000,000
Port Harcourt ₦220,000,000
Avg ₦537,029,752
Low ₦1.5M
High ₦30B
No. 1,410
QoQ 0%
4 property types
Flats ₦120,000,000
Houses ₦230,000,000
Commercial Property ₦650,000,000
Land ₦80,000,000

Ogun

Ogun — property for rent

Most listings first
Statewide ₦1,800,000/yr
Avg ₦14,027,118/yr
Low ₦60K
High ₦450M
No. 170
QoQ -10%
2 property types
Flats ₦1,200,000/yr
Commercial Property ₦35,000,000/yr
Magboro ₦1,400,000/yr
Avg ₦2,790,909/yr
Low ₦400K
High ₦60M
No. 44
QoQ -6.7%
1 property type
Flats ₦1,300,000/yr
Berger, Arepo ₦3,000,000/yr
Avg ₦13,424,359/yr
Low ₦750K
High ₦140M
No. 39
QoQ 0%
1 property type
Flats ₦2,500,000/yr
Ibafo ₦1,000,000/yr
Avg ₦16,601,613/yr
Low ₦350K
High ₦160M
No. 31
QoQ 0%
1 property type
Flats ₦600,000/yr

Ogun — property for sale

Most listings first
Statewide ₦69,000,000
Avg ₦2,407,763,426
Low ₦400K
High ₦250B
No. 1,302
QoQ +6.2%
4 property types
Flats ₦47,000,000
Houses ₦75,000,000
Commercial Property ₦750,000,000
Land ₦20,000,000
Berger, Arepo ₦130,000,000
Avg ₦306,437,126
Low ₦15M
High ₦6B
No. 167
QoQ -13.3%
2 property types
Houses ₦180,000,000
Land ₦80,000,000
Mowe Ofada ₦46,000,000
Avg ₦465,393,865
Low ₦3M
High ₦10B
No. 163
QoQ +8.2%
2 property types
Houses ₦60,000,000
Land ₦12,000,000
Mowe Town ₦75,000,000
Avg ₦150,800,331
Low ₦2.8M
High ₦6B
No. 151
QoQ 0%
2 property types
Houses ₦85,000,000
Land ₦13,000,000
Ifo ₦85,000,000
Avg ₦1,141,508,392
Low ₦1M
High ₦120B
No. 143
QoQ 0%
3 property types
Houses ₦85,000,000
Commercial Property ₦350,000,000
Land ₦36,000,000
Magboro ₦65,000,000
Avg ₦16,836,547,170
Low ₦6M
High ₦250B
No. 106
QoQ 0%
2 property types
Houses ₦65,000,000
Land ₦40,500,000
Ado-Odo/Ota ₦50,500,000
Avg ₦560,327,817
Low ₦1.8M
High ₦7B
No. 71
QoQ 0%
2 property types
Houses ₦40,000,000
Commercial Property ₦650,000,000
Abeokuta South ₦35,000,000
Avg ₦82,791,045
Low ₦400K
High ₦1B
No. 67
QoQ +6.1%
2 property types
Houses ₦48,500,000
Land ₦18,000,000
Abeokuta North ₦12,000,000
Avg ₦185,431,000
Low ₦600K
High ₦3B
No. 55
QoQ +26%
1 property type
Land ₦3,700,000
Ibafo ₦45,000,000
Avg ₦10,569,677,083
Low ₦3.5M
High ₦250B
No. 48
QoQ -10%
1 property type
Houses ₦40,000,000
Sango Ota ₦65,000,000
Avg ₦284,215,957
Low ₦950K
High ₦1.8B
No. 47
QoQ —

Enugu

Enugu — property for sale

Most listings first
Statewide ₦150,000,000
Avg ₦238,358,942
Low ₦500K
High ₦15B
No. 808
QoQ 0%
4 property types
Flats ₦120,000,000
Houses ₦170,000,000
Commercial Property ₦350,000,000
Land ₦47,000,000
Enugu ₦150,000,000
Avg ₦239,301,788
Low ₦500K
High ₦15B
No. 797
QoQ 0%
4 property types
Flats ₦120,000,000
Houses ₦170,000,000
Commercial Property ₦400,000,000
Land ₦50,000,000

Edo

Edo — property for rent

Most listings first
Statewide ₦1,738,800/yr
Avg ₦3,668,385/yr
Low ₦382.8K
High ₦17M
No. 27
QoQ 0%
Oredo ₦1,738,800/yr
Avg ₦3,790,246/yr
Low ₦382.8K
High ₦17M
No. 26
QoQ 0%

Edo — property for sale

Most listings first
Statewide ₦130,000,000
Avg ₦348,046,544
Low ₦390K
High ₦7.5B
No. 307
QoQ 0%
3 property types
Houses ₦130,000,000
Commercial Property ₦350,000,000
Land ₦75,000,000
Oredo ₦140,000,000
Avg ₦353,554,492
Low ₦2M
High ₦5B
No. 256
QoQ -6.7%
3 property types
Houses ₦150,000,000
Commercial Property ₦350,000,000
Land ₦90,000,000
Ikpoba Okha ₦75,000,000
Avg ₦121,502,273
Low ₦3M
High ₦650M
No. 22
QoQ 0%

Akwa Ibom

Akwa Ibom — property for sale

Most listings first
Statewide ₦50,000,000
Avg ₦460,665,882
Low ₦300K
High ₦37B
No. 255
QoQ 0%
2 property types
Houses ₦75,000,000
Land ₦25,000,000
Uyo ₦50,000,000
Avg ₦106,647,458
Low ₦300K
High ₦1B
No. 236
QoQ 0%
2 property types
Houses ₦75,000,000
Land ₦25,000,000

Delta

Delta — property for sale

Most listings first
Statewide ₦150,000,000
Avg ₦504,862,500
Low ₦450K
High ₦13B
No. 164
QoQ 0%
3 property types
Houses ₦275,000,000
Commercial Property ₦900,000,000
Land ₦12,500,000
Asaba ₦180,000,000
Avg ₦391,826,984
Low ₦450K
High ₦4.5B
No. 126
QoQ -10%
2 property types
Houses ₦280,000,000
Land ₦15,000,000

Ondo

Ondo — property for sale

Most listings first
Statewide ₦75,000,000
Avg ₦140,122,330
Low ₦1M
High ₦1.7B
No. 103
QoQ 0%
2 property types
Houses ₦80,000,000
Land ₦50,000,000
Akure ₦75,000,000
Avg ₦142,624,752
Low ₦1M
High ₦1.7B
No. 101
QoQ 0%
2 property types
Houses ₦80,000,000
Land ₦55,000,000

Imo

Imo — property for sale

Most listings first
Statewide ₦95,000,000
Avg ₦573,551,786
Low ₦650K
High ₦13B
No. 84
QoQ +26.7%
2 property types
Houses ₦160,000,000
Land ₦9,000,000
Owerri Municipal ₦140,000,000
Avg ₦765,985,345
Low ₦650K
High ₦13B
No. 58
QoQ +7.7%
1 property type
Houses ₦170,000,000

Anambra

Anambra — property for sale

Most listings first
Statewide ₦90,000,000
Avg ₦351,551,220
Low ₦1.8M
High ₦4.2B
No. 82
QoQ +5.9%
2 property types
Houses ₦165,000,000
Land ₦35,000,000
Awka ₦90,000,000
Avg ₦400,957,576
Low ₦1.8M
High ₦4.2B
No. 66
QoQ 0%
2 property types
Houses ₦250,000,000
Land ₦35,000,000

Osun

Osun — property for sale

Most listings first
Statewide ₦50,000,000
Avg ₦90,086,824
Low ₦2.5M
High ₦500M
No. 74
QoQ 0%
2 property types
Houses ₦60,000,000
Land ₦8,000,000
Osogbo ₦45,000,000
Avg ₦90,022,619
Low ₦2.5M
High ₦500M
No. 63
QoQ 0%
1 property type
Houses ₦60,000,000

Kwara

Kwara — property for sale

Most listings first
Statewide ₦40,000,000
Avg ₦152,407,543
Low ₦300K
High ₦2B
No. 46
QoQ 0%
1 property type
Houses ₦42,000,000
Ilorin South ₦42,000,000
Avg ₦74,809,524
Low ₦18M
High ₦600M
No. 21
QoQ 0%

Nasarawa

Nasarawa — property for sale

Most listings first
Statewide ₦55,000,000
Avg ₦172,875,000
Low ₦6M
High ₦1.6B
No. 44
QoQ 0%
1 property type
Land ₦65,000,000
Karu ₦55,000,000
Avg ₦145,083,333
Low ₦6M
High ₦650M
No. 30
QoQ +10%

Kano

Kano — property for rent

Most listings first
Statewide ₦2,086,800/yr
Avg ₦4,354,200/yr
Low ₦382.8K
High ₦15.1M
No. 20
QoQ —

Kano — property for sale

Most listings first
Statewide ₦170,000,000
Avg ₦390,852,941
Low ₦12M
High ₦2B
No. 34
QoQ -4%
1 property type
Houses ₦150,000,000

Kaduna

Kaduna — property for sale

Most listings first
Statewide ₦380,000,000
Avg ₦23,830,967,742
Low ₦8M
High ₦690B
No. 31
QoQ +8.6%

Abia

Abia — property for sale

Most listings first
Statewide ₦10,500,000
Avg ₦80,276,000
Low ₦2.5M
High ₦750M
No. 25
QoQ 0%
Aba ₦10,000,000
Avg ₦62,185,714
Low ₦2.5M
High ₦750M
No. 21
QoQ 0%
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 98,662 published listings.

What is the median rent in Nigeria?

In Q4 2026 the median advertised rent in Nigeria was ₦13,000,000/yr, across 43,587 published listings.

Which state has the most expensive property in Nigeria?

Lagos, at a median asking price of ₦350,000,000 in Q4 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 5,439 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 Q4 2026, 0.1% of published listings for sale in Nigeria had their asking price cut by the advertiser, and 0.1% had it raised, with a median cut of 7.7%. It leaves out corrections made within an hour of publishing. Covers 1 Oct – 3 Oct 2026.

How many enquiries does a rental listing get in Nigeria?

In the 28 days to 1 Oct 2026, rental listings in Nigeria received 110.6 enquiries per 100 listings, and 36.5% of listings received at least one, across 43,538 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, Q4 2026, https://nigeriapropertycentre.com/market-reports/q4-2026

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