Nigeria Property Centre
DEMAND VS SUPPLY · 17 SEP TO 20 SEP 2026

Where demand outruns supply in Ogun.

Searches on Nigeria Property Centre measured against the listings live to meet them in Ogun. Updated 21 Sep 2026.

Searches
5,170
since 17 Sep 2026
Per listing
3.1
since 17 Sep 2026
Found nothing
65.3%
since 17 Sep 2026
Rent budget gap
3% below asking
since 17 Sep 2026
Sale budget gap
56% below asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 11.8 2,980 searches · 253 listings · Index 435 · national 100
Searches per live listing, sale 1.5 2,190 searches · 1,432 listings · Index 210 · national 100
Searches per live listing, rent

Most competitive localities for rentals

01
Index 341 · national 100
9.2 searches per listing
02
Index 206 · national 100
5.6 searches per listing
03
Index 194 · national 100
5.3 searches per listing
04
Index 106 · national 100
2.9 searches per listing
Searches per live listing, sale

Most competitive localities for homes for sale

01
Index 525 · national 100
3.8 searches per listing
02
Index 263 · national 100
1.9 searches per listing
03
Index 253 · national 100
1.9 searches per listing
04
Ifo
Index 160 · national 100
1.2 searches per listing
05
Index 158 · national 100
1.2 searches per listing
06
Index 133 · national 100
1.0 searches per listing
07
Index 119 · national 100
0.9 searches per listing

Searches in the window divided by the listings live on 20 Sep 2026 that a searcher could actually rent or buy — published, priced whole, in NGN. The index puts the national rate at 100.

Unmet demand: where searches find nothing

Searches that found nothing, rent 74.1% Mostly 3 bedroom · ₦1M to ₦1.5M
Searches that found nothing, sale 53.3% Mostly 5+ bedroom · ₦50M to ₦70M
Share of searches with no results, rent

Where rentals are hardest to find

01
Mostly 1 bedroom · ₦300K to ₦500K
67.7%
02
Mostly 1 bedroom · ₦1M to ₦1.5M
66.3%
03
Mostly 2 bedroom · ₦10M to ₦15M
52.4%
04
Mostly 1 bedroom · ₦1M to ₦1.5M
27.5%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 5+ bedroom
77.7%
02
Mostly 5+ bedroom · ₦100M to ₦150M
68.1%
03
Ifo
Mostly 3 bedroom · ₦20M to ₦30M
55.5%
04
Mostly 5+ bedroom · ₦5M to ₦7M
50.3%
05
Mostly 2 bedroom · ₦1M to ₦1.5M
45.1%
06
Mostly 5+ bedroom · ₦700K to ₦1M
37.8%
07
Mostly 3 bedroom · ₦200K to ₦300K
37.0%

A search found nothing when the page it landed on listed no properties. "Mostly" names the bed count and budget band most of those searches asked for; searches with no bed count or budget stated are counted but not described.

Budgets against asking prices

Searched budget vs asking rent price 3% below asking Typical budget ₦1.3M vs ₦1.3M asked · 50% of listings within the typical budget
Searched budget vs asking sale price 56% below asking Typical budget ₦26.3M vs ₦60M asked · 31% of listings within the typical budget

The typical budget is the median maximum price searchers stated, from at least 50 searches that stated one; the asking price is the median of the live listings. "Within budget" is the share of those listings priced at or under the typical budget.

Bedroom mismatch

Searched minus listed, share of each

Bedroom mismatch in Ogun

Each bar is the share of searches asking for that bed count minus the share of live listings offering it, in percentage points: to the right, more people want it than the market lists; to the left, the reverse. Searches with no bed count stated, and listings with no bedrooms recorded, are left out of both shares.

Where the enquiries go

Enquiries per 100 listings, rent 230 582 enquiries · 253 listings
Enquiries per 100 listings, sale 34 492 enquiries · 1,432 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
94 enquiries · 26 listings
362 enquiries per 100 listings
02
230 enquiries · 84 listings
274 enquiries per 100 listings
03
132 enquiries · 52 listings
254 enquiries per 100 listings
04
44 enquiries · 36 listings
122 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
98 enquiries · 168 listings
58 enquiries per 100 listings
02
104 enquiries · 199 listings
52 enquiries per 100 listings
03
57 enquiries · 111 listings
51 enquiries per 100 listings
04
26 enquiries · 88 listings
30 enquiries per 100 listings
05
14 enquiries · 48 listings
29 enquiries per 100 listings
06
Ifo
34 enquiries · 140 listings
24 enquiries per 100 listings
07
18 enquiries · 77 listings
23 enquiries per 100 listings

Enquiries are contacts made through the site, counted once per person, listing, channel and day, over the 28 days before the latest scoring night (20 Sep 2026), divided by the listings live on 20 Sep 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 17.5% of searches 27.3% of live rent listings
Serviced rentals: searched vs listed 29.4% of searches 2.4% of live rent listings

The share of rent searches that asked for a furnished or serviced home, against the share of live rent listings that offer one.

What the data says

What stands out in Ogun

Ibafo is the tightest rental market

9.2 searches for every live rent listing, against 2.7 nationally.

77.7% of sale searches in Sagamu found nothing

143 of 184 searches landed on an empty page — mostly 5+ bedroom.

Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ogun?

Ibafo recorded 9.2 searches for every live rent listing between 17 Sep to 20 Sep 2026, the highest of any locality with at least 100 searches and 20 listings.

How often do rent searches in Ogun find nothing?

74.1% of the 2,980 rent searches recorded between 17 Sep to 20 Sep 2026 returned no listings; mostly 3 bedroom · ₦1M to ₦1.5M.

How do rent budgets compare with asking prices in Ogun?

The typical maximum price searchers stated was ₦1.3M, 3% below asking the median asking price of ₦1.3M; 50% of listings within the typical budget.

How often do sale searches in Ogun find nothing?

53.3% of the 2,190 sale searches recorded between 17 Sep to 20 Sep 2026 returned no listings; mostly 5+ bedroom · ₦50M to ₦70M.

How do sale budgets compare with asking prices in Ogun?

The typical maximum price searchers stated was ₦26.3M, 56% below asking the median asking price of ₦60M; 31% of listings within the typical budget.

How is this report measured?

Demand is every property search run in a browser on Nigeria Property Centre between 17 Sep to 20 Sep 2026, counted once per search per visit, with searches by reference number left out; searches began being recorded this way on 17 September 2026 and nothing earlier is used. Supply is the listings live at the end of that period that were published, priced as a whole property in NGN and at or above the same price floor the quarterly market report applies. An area is published only with at least 100 searches and 20 live listings; a typical budget needs at least 50 searches that stated one. Figures are refreshed nightly.

About this report

How we measure demand against supply.

Demand is every property search run in a browser on Nigeria Property Centre between 17 Sep to 20 Sep 2026, counted once per search per visit, with searches by reference number left out; searches began being recorded this way on 17 September 2026 and nothing earlier is used. Supply is the listings live at the end of that period that were published, priced as a whole property in NGN and at or above the same price floor the quarterly market report applies. An area is published only with at least 100 searches and 20 live listings; a typical budget needs at least 50 searches that stated one. Figures are refreshed nightly.

No individual search or searcher is published; every figure is a count or a share over an area. Enquiries are counted the way the quarterly market report counts them — once per person, listing, channel and day.