Nigeria Property Centre
DEMAND VS SUPPLY · 17 SEP TO 4 OCT 2026

Where demand outruns supply in Ogun.

Searches on Nigeria Property Centre measured against the listings live to meet them in Ogun. Updated 5 Oct 2026.

Searches
11,105
since 17 Sep 2026
Per listing
7.6
since 17 Sep 2026
Found nothing
20.6%
since 17 Sep 2026
Rent budget gap
9% below asking
since 17 Sep 2026
Sale budget gap
26% below asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 30.3 5,217 searches · 172 listings · Index 441 · national 100
Searches per live listing, sale 4.6 5,888 searches · 1,292 listings · Index 236 · national 100
Searches per live listing, rent

Most competitive localities for rentals

01
Index 318 · national 100
21.9 searches per listing
02
Index 307 · national 100
21.1 searches per listing
03
Index 253 · national 100
17.4 searches per listing
Searches per live listing, sale

Most competitive localities for homes for sale

01
Index 382 · national 100
7.4 searches per listing
02
Index 317 · national 100
6.1 searches per listing
03
Index 309 · national 100
6.0 searches per listing
04
Index 303 · national 100
5.9 searches per listing
05
Index 290 · national 100
5.6 searches per listing
06
Index 256 · national 100
4.9 searches per listing
07
Index 221 · national 100
4.3 searches per listing
08
Index 209 · national 100
4.0 searches per listing
09
Index 197 · national 100
3.8 searches per listing
10
Index 147 · national 100
2.8 searches per listing

Searches in the window divided by the listings live on 4 Oct 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 30.5% Mostly 1 bedroom · ₦1M to ₦1.5M
Searches that found nothing, sale 11.9% Mostly 3 bedroom · ₦20M to ₦30M
Share of searches with no results, rent

Where rentals are hardest to find

01
Mostly 1 bedroom · ₦10M to ₦15M
25.6%
02
Mostly 2 bedroom · ₦2M to ₦3M
20.8%
03
Mostly 2 bedroom · ₦500K to ₦700K
14.8%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 1 bedroom · ₦200K to ₦300K
27.4%
02
Mostly 4 bedroom · ₦20M to ₦30M
16.4%
03
Mostly 3 bedroom · ₦20M to ₦30M
16.4%
04
Mostly 3 bedroom · ₦50M to ₦70M
14.5%
05
Mostly 2 bedroom · ₦5M to ₦7M
13.9%
06
Mostly 4 bedroom
13.7%
07
Mostly 2 bedroom
13.3%
08
Ifo
Mostly 1 bedroom · ₦20M to ₦30M
13.0%
09
Mostly 2 bedroom · ₦10M to ₦15M
12.3%
10
Mostly 3 bedroom · ₦700K to ₦1M
10.5%

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 9% below asking Typical budget ₦1.4M vs ₦1.5M asked · 41% of listings within the typical budget
Searched budget vs asking sale price 26% below asking Typical budget ₦47.9M vs ₦65M asked · 39% of listings within the typical budget
Budget gap, rent

Searchers furthest below asking, rentals

01
41% of listings within the typical budget
9% below asking
Budget gap, rent

Searchers above asking, rentals

01
50% of listings within the typical budget
6% above asking

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 317 546 enquiries · 172 listings
Enquiries per 100 listings, sale 39 505 enquiries · 1,292 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
185 enquiries · 44 listings
421 enquiries per 100 listings
02
129 enquiries · 31 listings
416 enquiries per 100 listings
03
117 enquiries · 37 listings
316 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
38 enquiries · 46 listings
83 enquiries per 100 listings
02
79 enquiries · 98 listings
81 enquiries per 100 listings
03
87 enquiries · 155 listings
56 enquiries per 100 listings
04
23 enquiries · 43 listings
54 enquiries per 100 listings
05
34 enquiries · 77 listings
44 enquiries per 100 listings
06
17 enquiries · 46 listings
37 enquiries per 100 listings
07
53 enquiries · 149 listings
36 enquiries per 100 listings
08
57 enquiries · 166 listings
34 enquiries per 100 listings
09
Ifo
38 enquiries · 143 listings
27 enquiries per 100 listings
10
18 enquiries · 72 listings
25 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 (3 Oct 2026), divided by the listings live on 4 Oct 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 1.6% of searches 23.3% of live rent listings
Serviced rentals: searched vs listed 2.3% of searches 4.1% 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

Magboro is the tightest rental market

21.9 searches for every live rent listing, against 6.9 nationally.

27.4% of sale searches in Abeokuta North found nothing

37 of 135 searches landed on an empty page — mostly 1 bedroom · ₦200K to ₦300K.

Rent budgets in Berger, Arepo sit 9% below asking

Searchers typically set a maximum of ₦2.7M against a median asking price of ₦3M; 41% of listings within the typical budget.

Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ogun?

Magboro recorded 21.9 searches for every live rent listing between 17 Sep to 4 Oct 2026, the highest of any locality with at least 100 searches and 20 listings.

How often do rent searches in Ogun find nothing?

30.5% of the 5,217 rent searches recorded between 17 Sep to 4 Oct 2026 returned no listings; mostly 1 bedroom · ₦1M to ₦1.5M.

How do rent budgets compare with asking prices in Ogun?

The typical maximum price searchers stated was ₦1.4M, 9% below asking the median asking price of ₦1.5M; 41% of listings within the typical budget.

How often do sale searches in Ogun find nothing?

11.9% of the 5,888 sale searches recorded between 17 Sep to 4 Oct 2026 returned no listings; mostly 3 bedroom · ₦20M to ₦30M.

How do sale budgets compare with asking prices in Ogun?

The typical maximum price searchers stated was ₦47.9M, 26% below asking the median asking price of ₦65M; 39% 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 4 Oct 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 4 Oct 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.

For asking prices, see our average property prices and the quarterly market reports.

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

Source: Nigeria Property Centre, Where demand outruns supply in Ogun, https://nigeriapropertycentre.com/market-trends/demand-trends/ogun