Nigeria Property Centre
NIGERIA PROPERTY CENTRE HOUSE PRICE INDEX · OCTOBER 2026 RELEASE

Flat prices in Gbagada, Lagos, Nigeria Property Centre House Price Index

Median asking price for flats and apartments across Gbagada, Lagos, from listings live on any day of the month, or first published in it.

Median asking price · October 2026 ₦156.3M Typical: ₦131.8M–₦191.7M Half of listings asked between these two prices.

Gross rental yield 3.3%. Similar flats rent for about ₦5.1M a year

−0.1 pts on last month

Gross yield: a year's typical asking rent divided by the typical asking price, before service charge, maintenance, agency fees, empty months and tax. Furnished and serviced lets are included.

Reconstructed
Reconstructed October 2026 was worked out after the month ended, from listings archived at the time, so the series starts on the new method.
On last month
+1.5%
From ₦153.9M in Sept 2026
On a year ago
Available from September 2027
First month under this method: Sept 2026
Listings
417
Live on any day of Oct 2026, or first published in it
Month covered
October 2026
1–31 Oct 2026
Released
8 Nov 2026
Next release: 3 Dec 2026
Permalink
#release-2026-10
MEDIAN ASKING PRICE

Monthly figure since September 2026

Median Typical range Previous method
Oct 2026 Previous method On last month Median ₦156.3M Typical range ₦131.8M–₦191.7M Tap a month to see its figures
Method changed
₦200M ₦150M ₦100M ₦50M ₦0
₦20.9M
₦23.6M
₦36.5M
₦24.3M
₦38.5M
₦46.7M
₦39.8M
₦32.8M
₦35.4M
₦39.9M
₦43.1M
₦47.4M
₦71.4M
₦104.5M
₦137.6M
'12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 Aug
₦153.9M
₦156.3M
Sep Oct

Grey bars, 2012–Aug 2026. Previous method: median asking price of listings created in the previous six months. Shown for context only; no change is worked out across the line. September 2026 is reconstructed.

Every release

Month by month

Each month has its own link. Use it when you quote a figure.

October 2026 Released 8 Nov 2026 · Latest
₦156.3M
₦131.8M–₦191.7M · 417 listings Gross yield 3.3%
On last month +1.5%
On a year ago From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
September 2026 Released 11 Oct 2026
₦153.9M
₦110.4M–₦187.4M · 378 listings Gross yield 3.4%
On last month Not available
On a year ago From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
Method changed, Sept 2026. No change is worked out across this line.
August 2026 Released Sept 2026 · Previous method
₦137.6M
Range not published · —
On last monthNot comparable
On a year agoNot comparable
Live listings, not part of the index

Listings today

300 flats for sale in Gbagada, Lagos are listed right now.

View all 300 listings
Cheapest live listing
Self Contain Apartment
Featured
11
₦6,000,000

Self contain (single rooms) for sale

Self Contain Apartment

Own this apartment for 15 years - best deal! A Room self contain located in Pedro, Lagos, is available for lease for a period of 15 years at a lease premium of ₦6,000,000. The property is currently tenanted, with the sitting tenant's rental value at ₦1,000,000 per annum. Lease Premium: ₦6,000,000 Lease Duration: 15 years Annual Rental Value: ₦1,000,000 Occupancy Status: Currently tenanted Location: Pedro, Lagos State Kitchen cabinet and ample parking space.IB.

Pedro, Gbagada, Lagos
1 1 1
Property Finders (Ibile Global Mart Limited)
Priciest live listing
Block of Flats
4
₦850,000,000

Flat / apartment for sale

Block of Flats

Closable instruction: block of flats few tenanted x in a serene area of Gbagada Phase 2 GRA for sale @₦850m non-negotiable to the owner. The registered title document is C of O Inquiries Mausi Realty

GRA, Gbagada Phase 2, Gbagada, Lagos
3 3
Mausi Realty

Asking prices on live listings change through the month and are not used to work out the index figures above.

Frequently asked

Popular questions

What is the median asking price for flats in Gbagada, Lagos?

The median asking price for flats in Gbagada, Lagos is ₦156.3M, according to the Nigeria Property Centre House Price Index, October 2026 release.

What is the typical range for flats in Gbagada, Lagos?

Half of the listings counted in October 2026 asked between ₦131.8M and ₦191.7M.

How did flats in Gbagada, Lagos change on last month?

The figure moved +1.5% on the previous month in the October 2026 release.

How many flats in Gbagada, Lagos are listed now?

There are 300 flats for sale in Gbagada, Lagos listed right now on Nigeria Property Centre.

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 page. They are licensed under CC BY 4.0, as set out in our terms of use.

House Price Index, gross rental yield 3.3%, October 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-sale/flats-apartments/lagos/gbagada#release-2026-10

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