Nigeria Property Centre
DEMAND VS SUPPLY · 17 SEP TO 11 OCT 2026

Where demand outruns supply in Ogun.

Searches on Nigeria Property Centre measured against the listings live to meet them in Ogun. Updated 12 Oct 2026.

Searches
15,220
since 17 Sep 2026
Per listing
9.7
since 17 Sep 2026
Found nothing
19.8%
since 17 Sep 2026
Rent budget gap
13% below asking
since 17 Sep 2026
Sale budget gap
20% below asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 34.5 7,237 searches · 210 listings · Index 335 · national 100
Searches per live listing, sale 5.9 7,983 searches · 1,364 listings · Index 222 · national 100
Searches per live listing, rent

Most competitive localities for rentals

01
Index 341 · national 100
35.2 searches per listing
02
Index 231 · national 100
23.8 searches per listing
03
Index 200 · national 100
20.6 searches per listing
04
Index 169 · national 100
17.4 searches per listing
Searches per live listing, sale

Most competitive localities for homes for sale

01
Index 380 · national 100
10.0 searches per listing
02
Index 294 · national 100
7.8 searches per listing
03
Index 273 · national 100
7.2 searches per listing
04
Index 273 · national 100
7.2 searches per listing
05
Index 244 · national 100
6.5 searches per listing
06
Index 216 · national 100
5.7 searches per listing
07
Index 201 · national 100
5.3 searches per listing
08
Index 198 · national 100
5.2 searches per listing
09
Index 177 · national 100
4.7 searches per listing
10
Ifo
Index 133 · national 100
3.5 searches per listing

Searches in the window divided by the listings live on 11 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 29.6% Mostly 1 bedroom · ₦1M to ₦1.5M
Searches that found nothing, sale 10.9% 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
26.2%
02
Mostly 1 bedroom · ₦1M to ₦1.5M
25.4%
03
Mostly 2 bedroom · ₦2M to ₦3M
19.4%
04
Mostly 2 bedroom · ₦500K to ₦700K
14.1%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 1 bedroom · ₦200K to ₦300K
22.4%
02
Mostly 5+ bedroom · ₦20M to ₦30M
15.9%
03
Mostly 3 bedroom · ₦20M to ₦30M
14.4%
04
Mostly 3 bedroom · ₦50M to ₦70M
13.8%
05
Mostly 2 bedroom
13.5%
06
Mostly 3 bedroom · ₦50M to ₦70M
13.5%
07
Mostly 5+ bedroom · ₦5M to ₦7M
13.1%
08
Mostly 2 bedroom · ₦10M to ₦15M
12.7%
09
Ifo
Mostly 3 bedroom · ₦20M to ₦30M
12.6%
10
Mostly 4 bedroom
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 13% below asking Typical budget ₦1.3M vs ₦1.5M asked · 41% of listings within the typical budget
Searched budget vs asking sale price 20% below asking Typical budget ₦52.1M vs ₦65M asked · 42% of listings within the typical budget
Budget gap, rent

Searchers furthest below asking, rentals

01
48% of listings within the typical budget
16% below asking
02
40% of listings within the typical budget
8% below asking
Budget gap, sale

Searchers furthest below asking, homes for sale

01
38% of listings within the typical budget
38% below asking
02
46% of listings within the typical budget
15% below asking
Budget gap, rent

Searchers above asking, rentals

01
81% of listings within the typical budget
58% 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 264 555 enquiries · 210 listings
Enquiries per 100 listings, sale 34 469 enquiries · 1,364 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
172 enquiries · 38 listings
453 enquiries per 100 listings
02
104 enquiries · 30 listings
347 enquiries per 100 listings
03
169 enquiries · 61 listings
277 enquiries per 100 listings
04
30 enquiries · 26 listings
115 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
71 enquiries · 102 listings
70 enquiries per 100 listings
02
33 enquiries · 49 listings
67 enquiries per 100 listings
03
19 enquiries · 40 listings
48 enquiries per 100 listings
04
66 enquiries · 173 listings
38 enquiries per 100 listings
05
21 enquiries · 56 listings
38 enquiries per 100 listings
06
61 enquiries · 172 listings
36 enquiries per 100 listings
07
31 enquiries · 90 listings
34 enquiries per 100 listings
08
53 enquiries · 155 listings
34 enquiries per 100 listings
09
Ifo
42 enquiries · 144 listings
29 enquiries per 100 listings
10
10 enquiries · 40 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 (11 Oct 2026), divided by the listings live on 11 Oct 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 1.7% of searches 17.1% of live rent listings
Serviced rentals: searched vs listed 1.9% of searches 2.9% 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

35.2 searches for every live rent listing, against 10.3 nationally.

26.2% of rent searches in Berger, Arepo found nothing

277 of 1,059 searches landed on an empty page — mostly 1 bedroom · ₦1M to ₦1.5M.

Rent budgets in Ado-Odo/Ota sit 58% above asking

Searchers typically set a maximum of ₦633.3K against a median asking price of ₦400K; 81% of listings within the typical budget.

Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ogun?

Magboro recorded 35.2 searches for every live rent listing between 17 Sep to 11 Oct 2026, the highest of any locality with at least 100 searches and 20 listings.

How often do rent searches in Ogun find nothing?

29.6% of the 7,237 rent searches recorded between 17 Sep to 11 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 ₦1.3M, 13% 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?

10.9% of the 7,983 sale searches recorded between 17 Sep to 11 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 ₦52.1M, 20% below asking the median asking price of ₦65M; 42% 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 11 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 11 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

Get demand vs supply by email.

Where searches outrun listings, at the start of each month. One email a month.

We use your email only to send the snapshot. See our privacy policy.