Nigeria Property Centre
Market Trends · September 2026

Average property prices in Nigeria.

Median sale and rent prices across every state and locality.

Location
Category
Type
Bedrooms
September 2026 snapshot

Prices across Nigeria

House sale
₦154M
-99.8%
2-bed rent
₦1.8M/yr
Not comparable
Listings
210,976
201 areas
Top growth
Lagos
+36.9%

Houses for Sale

Most expensive
1 Lagos
₦489.5M ₦343.3M to ₦684.1M
2 Abuja
₦422.2M ₦310.4M to ₦605.5M
3 Rivers
₦227.2M ₦150.1M to ₦332.3M
4 Imo
₦219.3M ₦97.7M to ₦256.8M
5 Delta
₦201.3M ₦161M to ₦338.4M
Most affordable
1 Osun
₦52.3M ₦32.3M to ₦84.2M
2 Akwa Ibom
₦60.5M ₦46.3M to ₦118M
3 Kwara
₦61.4M ₦42.7M to ₦134.4M
4 Ondo
₦73.1M ₦58.1M to ₦143.5M
5 Ogun
₦86.6M ₦61.9M to ₦126.6M

Flats for Sale

Most expensive
1 Lagos
₦310.5M ₦227M to ₦399M
2 Abuja
₦165.9M ₦134.6M to ₦236M
3 Rivers
₦131.1M ₦104.9M to ₦181.1M
4 Oyo
₦78.6M ₦60.8M to ₦125.1M
5 Ogun
₦33.1M ₦24.8M to ₦92.9M
Most affordable
1 Ogun
₦33.1M ₦24.8M to ₦92.9M
2 Oyo
₦78.6M ₦60.8M to ₦125.1M
3 Rivers
₦131.1M ₦104.9M to ₦181.1M
4 Abuja
₦165.9M ₦134.6M to ₦236M
5 Lagos
₦310.5M ₦227M to ₦399M

Houses for Rent

Most expensive
1 Lagos
₦20.2M/yr ₦15.5M to ₦29.5M/yr
2 Abuja
₦18.1M/yr ₦14.9M to ₦24.6M/yr
3 Rivers
₦10.2M/yr ₦7M to ₦11.7M/yr
4 Oyo
₦6.5M/yr ₦4.8M to ₦9.7M/yr
5 Ogun
₦4.3M/yr ₦3.7M to ₦7.3M/yr
Most affordable
1 Akwa Ibom
₦2.6M/yr ₦1.8M to ₦4.2M/yr
2 Ogun
₦4.3M/yr ₦3.7M to ₦7.3M/yr
3 Oyo
₦6.5M/yr ₦4.8M to ₦9.7M/yr
4 Rivers
₦10.2M/yr ₦7M to ₦11.7M/yr
5 Abuja
₦18.1M/yr ₦14.9M to ₦24.6M/yr

Flats for Rent

Most expensive
1 Lagos
₦11.8M/yr ₦8.7M to ₦16M/yr
2 Abuja
₦7.8M/yr ₦6.1M to ₦10.6M/yr
3 Rivers
₦3.1M/yr ₦2.5M to ₦4.1M/yr
4 Oyo
₦2.1M/yr ₦1.3M to ₦3.4M/yr
5 Delta
₦1.5M/yr ₦1.2M to ₦1.6M/yr
Most affordable
1 Ogun
₦1.2M/yr ₦964.3K to ₦1.4M/yr
2 Delta
₦1.5M/yr ₦1.2M to ₦1.6M/yr
3 Oyo
₦2.1M/yr ₦1.3M to ₦3.4M/yr
4 Rivers
₦3.1M/yr ₦2.5M to ₦4.1M/yr
5 Abuja
₦7.8M/yr ₦6.1M to ₦10.6M/yr
What the prices tell us

Three patterns shaping value this month

Lagos houses cost 13× Plateau

Median house sale price in Lagos is ₦434M versus ₦32.3M in Plateau — the widest spread across states this month.

How we count rents has changed

From 1 Sep 2026, rents advertised per month are counted at their yearly equivalent. Rent figures before that date left them as they were. Not comparable with the same month last year.

Lagos is the value play

Lagos house prices are up 36.9% year on year, drawing more value-led buyers each month.

About this report

How we measure price.

This report uses the median price of every active listing on Nigeria Property Centre in September 2026, grouped by category, property type, bedrooms, state and locality. Median (not mean) keeps a single outlier from skewing the number.