On last month
+1.3%
On a year ago
From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
Median asking price · October 2026
₦445.2M
Typical: ₦305.3M–₦628.8M
Half of listings asked between these two prices.
Gross rental yield 3.4%. Similar houses rent for about ₦15.1M 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
- +1.3%
- From ₦439.5M in Sept 2026
- On a year ago
- Available from September 2027
- First month under this method: Sept 2026
- Listings
- 1,376
- 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
MEDIAN ASKING PRICE
Monthly figure since September 2026
Median
Typical range
Previous method
Oct 2026
Previous method
On last month
Median
₦445.2M
Typical range
₦305.3M–₦628.8M
On last month
Hover or tap a month to see its figures
Tap a month to see its figures
2012–Aug 2026: previous method, shown for context
Method changedMethod changed, Sept 2026
Sept 2026 onwards: monthly index
₦800M
₦600M
₦400M
₦200M
₦0
₦58.4M
₦63.6M
₦67.6M
₦74.8M
₦77.8M
₦91M
₦79.8M
₦77.5M
₦97.6M
₦118.3M
₦158.8M
₦178.1M
₦242.1M
₦335.5M
₦467.3M
'12
2012
'13
2013
'14
2014
'15
2015
'16
2016
'17
2017
'18
2018
'19
2019
'20
2020
'21
2021
'22
2022
'23
2023
'24
2024
'25
2025
Aug
Aug
₦439.5M
₦445.2M
Sep
Sep '26
Oct
Oct '26
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.
| Month | Figure | Gross yield | Typical range | Listings | On last month | On a year ago | Released | Notes | Link |
|---|---|---|---|---|---|---|---|---|---|
|
|
|||||||||
| October 2026 Latest | ₦445.2M | 3.4% | ₦305.3M–₦628.8M | 1,376 | +1.3% | From Sept 2027 | 8 Nov 2026 |
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
|
Link to month |
|
|
|||||||||
| September 2026 Linked month | ₦439.5M | 3.3% | ₦299.1M–₦617.8M | 1,413 | Not available | From Sept 2027 | 11 Oct 2026 |
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
|
Link to month |
| Method changed, September 2026. Figures above and below this line are not comparable, and no change is worked out across it. | |||||||||
| August 2026 Previous method | ₦467.3M | — | Not published | — | Not comparable | Not comparable | Sept 2026 | Previous method: median asking price of listings created in the previous six months. Not comparable with later months. | |
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
₦467.3M
On last monthNot comparable
On a year agoNot comparable
BREAKDOWN · OCTOBER 2026
Sale in Magodo by size, type
By bedrooms Flats by bedrooms Houses by bedrooms
Live listings, not part of the index
View all 1,365 listings
Listings today
1,365 houses for sale in Magodo, Lagos are listed right now.
Cheapest live listing
₦280,000
Detached duplex for sale
4 Bedroom Fully Detached Duplex
Newly build 4-bedroom fully detached duplex + bq at magodo for sale Semi-direct instruction: Our client wants to sell a modern and elegance newly built 4-bedroom fully detached duplex + bq, with spacious kitchen, premium fittings, elegant living and dining spaces, top-tier craftsmanship and contemporary design at magodo phase 2, a highly secured and serene estate Price: n280m Title: cofo Contact littlebridge properties limited directly at 0808-584-1009
Magodo Phase 2, Magodo, Lagos
4
4
5
Littlebridge Properties
Priciest live listing
Premium
4
₦4,000,000,000
Block of flats for sale
4 Units of 7 Bedroom Houses with BQ
I have 4 units of 7bed+BQ for sale in Magodo phase 2. Title: CofO
Magodo Phase 2, Magodo, Lagos
7
7
8
Charis Best Properties
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 houses in Magodo, Lagos?
The median asking price for houses in Magodo, Lagos is ₦445.2M, according to the Nigeria Property Centre House Price Index, October 2026 release.
What is the typical range for houses in Magodo, Lagos?
Half of the listings counted in October 2026 asked between ₦305.3M and ₦628.8M.
How did houses in Magodo, Lagos change on last month?
The figure moved +1.3% on the previous month in the October 2026 release.
How many houses in Magodo, Lagos are listed now?
There are 1,365 houses for sale in Magodo, 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 3.4%, October 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-sale/houses/lagos/magodo#release-2026-10
Get each release by email.
The Rent, House Price and Short-let Index on release day, on the 3rd working day of each month at 09:00. One email a month.