Nigeria Property Centre
DEMAND VS SUPPLY · 29 SEP TO 28 OCT 2026

Where demand outruns supply in Ogun.

Searches on Nigeria Property Centre measured against the listings live to meet them in Ogun. Updated 29 Oct 2026.

Searches
17,313
since 17 Sep 2026
Per listing
10.0
since 17 Sep 2026
Found nothing
17.6%
since 17 Sep 2026
Rent budget gap
23% below asking
since 17 Sep 2026
Sale budget gap
14% below asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 40.2 8,242 searches · 205 listings · Index 324 · national 100
Searches per live listing, sale 6.0 9,071 searches · 1,524 listings · Index 195 · national 100
Searches per live listing, rent

Most competitive localities for rentals

01
Index 242 · national 100
30.0 searches per listing
02
Index 160 · national 100
19.9 searches per listing
03
Index 147 · national 100
18.2 searches per listing
Searches per live listing, sale

Most competitive localities for homes for sale

01
Index 396 · national 100
12.1 searches per listing
02
Index 278 · national 100
8.5 searches per listing
03
Index 261 · national 100
8.0 searches per listing
04
Index 212 · national 100
6.5 searches per listing
05
Index 184 · national 100
5.6 searches per listing
06
Index 181 · national 100
5.5 searches per listing
07
Index 168 · national 100
5.1 searches per listing
08
Index 154 · national 100
4.7 searches per listing
09
Index 144 · national 100
4.4 searches per listing
10
Index 132 · national 100
4.0 searches per listing

Searches in the window divided by the listings live on 28 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 27.3% Mostly 1 bedroom · ₦1M to ₦1.5M
Searches that found nothing, sale 8.8% Mostly 3 bedroom · ₦20M to ₦30M
Share of searches with no results, rent

Where rentals are hardest to find

01
Mostly 1 bedroom · ₦1M to ₦1.5M
26.5%
02
Mostly 1 bedroom · ₦1M to ₦1.5M
21.5%
03
Mostly 1 bedroom · ₦2M to ₦3M
18.6%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 4 bedroom · ₦20M to ₦30M
15.0%
02
Ifo
Mostly 3 bedroom · ₦20M to ₦30M
14.2%
03
Mostly 4 bedroom · ₦10M to ₦15M
13.5%
04
Mostly 3 bedroom · ₦30M to ₦50M
12.4%
05
Mostly 3 bedroom · ₦100M to ₦150M
12.2%
06
Mostly 3 bedroom · ₦200K to ₦300K
11.5%
07
Mostly 3 bedroom · ₦20M to ₦30M
10.8%
08
Mostly 3 bedroom · ₦20M to ₦30M
9.7%
09
Mostly 3 bedroom · ₦200K to ₦300K
8.2%
10
Mostly 5+ bedroom · ₦50M to ₦70M
7.9%

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 23% below asking Typical budget ₦1.4M vs ₦1.8M asked · 40% of listings within the typical budget
Searched budget vs asking sale price 14% below asking Typical budget ₦57M vs ₦66.6M asked · 44% of listings within the typical budget
Budget gap, rent

Searchers furthest below asking, rentals

01
42% of listings within the typical budget
16% below asking
Budget gap, sale

Searchers furthest below asking, homes for sale

01
33% of listings within the typical budget
43% below asking
02
49% of listings within the typical budget
7% below asking
03
49% of listings within the typical budget
2% below asking
Budget gap, rent

Searchers above asking, rentals

01
71% of listings within the typical budget
61% above asking
02
69% of listings within the typical budget
27% above asking
Budget gap, sale

Searchers above asking, homes for sale

01
62% of listings within the typical budget
362% above asking
02
83% of listings within the typical budget
257% 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 302 618 enquiries · 205 listings
Enquiries per 100 listings, sale 34 518 enquiries · 1,524 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
96 enquiries · 24 listings
400 enquiries per 100 listings
02
218 enquiries · 64 listings
341 enquiries per 100 listings
03
68 enquiries · 36 listings
189 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
41 enquiries · 59 listings
70 enquiries per 100 listings
02
77 enquiries · 117 listings
66 enquiries per 100 listings
03
21 enquiries · 52 listings
40 enquiries per 100 listings
04
26 enquiries · 66 listings
39 enquiries per 100 listings
05
78 enquiries · 199 listings
39 enquiries per 100 listings
06
11 enquiries · 30 listings
37 enquiries per 100 listings
07
56 enquiries · 165 listings
34 enquiries per 100 listings
08
56 enquiries · 196 listings
29 enquiries per 100 listings
09
14 enquiries · 56 listings
25 enquiries per 100 listings
10
Ifo
37 enquiries · 157 listings
24 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 (28 Oct 2026), divided by the listings live on 28 Oct 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 1.6% of searches 10.7% of live rent listings
Serviced rentals: searched vs listed 1.0% of searches 2.0% 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

30.0 searches for every live rent listing, against 12.4 nationally.

26.5% of rent searches in Berger, Arepo found nothing

337 of 1,272 searches landed on an empty page — mostly 1 bedroom · ₦1M to ₦1.5M.

Sale budgets in Abeokuta North sit 362% above asking

Searchers typically set a maximum of ₦27.7M against a median asking price of ₦6M; 62% of listings within the typical budget.

Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ogun?

Ibafo recorded 30.0 searches for every live rent listing between 29 Sep to 28 Oct 2026, the highest of any locality with at least 100 searches and 20 listings.

How often do rent searches in Ogun find nothing?

27.3% of the 8,242 rent searches recorded between 29 Sep to 28 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, 23% below asking the median asking price of ₦1.8M; 40% of listings within the typical budget.

How often do sale searches in Ogun find nothing?

8.8% of the 9,071 sale searches recorded between 29 Sep to 28 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 ₦57M, 14% below asking the median asking price of ₦66.6M; 44% 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 29 Sep to 28 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 29 Sep to 28 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

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