Nigeria Property Centre
Market Trends · July 2026

Average property prices in Nigeria.

Median sale and rent prices across every state and locality.

Location
Category
Type
Bedrooms
July 2026 snapshot

Prices across Nigeria

House sale
₦157.1M
-99.8%
2-bed rent
₦2M/yr
-6.4%
Listings
202,472
196 areas
Top growth
Lagos
+41.5%

Houses for Sale

Most Expensive
1 Lagos
₦456.2M
2 Abuja
₦391.2M
3 Delta
₦226.6M
4 Enugu
₦184.8M
5 Rivers
₦180.4M
Most Affordable
1 Osun
₦43M
2 Akwa Ibom
₦61.7M
3 Ondo
₦71.3M
4 Kwara
₦76.4M
5 Ogun
₦76.5M

Flats for Sale

Most Expensive
1 Lagos
₦295.6M
2 Abuja
₦162.5M
3 Rivers
₦113.4M
4 Oyo
₦73.6M
5 Ogun
₦50.7M
Most Affordable
1 Ogun
₦50.7M
2 Oyo
₦73.6M
3 Rivers
₦113.4M
4 Abuja
₦162.5M
5 Lagos
₦295.6M

Houses for Rent

Most Expensive
1 Lagos
₦19.3M/yr
2 Ogun
₦19M/yr
3 Abuja
₦17.8M/yr
4 Rivers
₦10.1M/yr
5 Oyo
₦6.3M/yr
Most Affordable
1 Akwa Ibom
₦2.5M/yr
2 Oyo
₦6.3M/yr
3 Rivers
₦10.1M/yr
4 Abuja
₦17.8M/yr
5 Ogun
₦19M/yr

Flats for Rent

Most Expensive
1 Lagos
₦11.3M/yr
2 Abuja
₦7.5M/yr
3 Rivers
₦3.1M/yr
4 Oyo
₦2.4M/yr
5 Delta
₦1.4M/yr
Most Affordable
1 Ogun
₦1.2M/yr
2 Delta
₦1.4M/yr
3 Oyo
₦2.4M/yr
4 Rivers
₦3.1M/yr
5 Abuja
₦7.5M/yr
What the prices tell us

Three patterns shaping value this month

Lagos houses cost 10× Osun

Median house sale price in Lagos is ₦405M versus ₦40.9M in Osun — the widest spread across states this month.

Rents easing year on year

Median 2-bed rent is down 6.4% year on year across Nigeria. That is a softer move than the 99.8% shift on house sale prices.

Lagos is the value play

Lagos house prices are up 41.5% 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 July 2026, grouped by category, property type, bedrooms, state and locality. Median (not mean) keeps a single outlier from skewing the number.