Nigeria Property Centre
DEMAND VS SUPPLY · 2 OCT TO 31 OCT 2026

Where demand outruns supply in Ogun.

Searches on Nigeria Property Centre measured against the listings live to meet them in Ogun. Updated 1 Nov 2026.

Searches
17,163
since 17 Sep 2026
Per listing
9.6
since 17 Sep 2026
Found nothing
18.0%
since 17 Sep 2026
Rent budget gap
8% below asking
since 17 Sep 2026
Sale budget gap
16% below asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 36.3 8,128 searches · 224 listings · Index 312 · national 100
Searches per live listing, sale 5.8 9,035 searches · 1,557 listings · Index 194 · national 100
Searches per live listing, rent

Most competitive localities for rentals

01
Index 452 · national 100
52.7 searches per listing
02
Index 252 · national 100
29.3 searches per listing
03
Index 160 · national 100
18.7 searches per listing
04
Index 152 · national 100
17.7 searches per listing
Searches per live listing, sale

Most competitive localities for homes for sale

01
Index 397 · national 100
11.9 searches per listing
02
Index 242 · national 100
7.3 searches per listing
03
Index 236 · national 100
7.1 searches per listing
04
Index 236 · national 100
7.1 searches per listing
05
Index 186 · national 100
5.6 searches per listing
06
Index 172 · national 100
5.1 searches per listing
07
Index 166 · national 100
5.0 searches per listing
08
Index 144 · national 100
4.3 searches per listing
09
Index 141 · national 100
4.2 searches per listing
10
Index 138 · national 100
4.1 searches per listing

Searches in the window divided by the listings live on 31 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 27.9% Mostly 1 bedroom · ₦1M to ₦1.5M
Searches that found nothing, sale 9.2% 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
26.8%
02
Mostly 1 bedroom · ₦1M to ₦1.5M
21.0%
03
Mostly 1 bedroom · ₦2M to ₦3M
20.5%
04
Mostly 2 bedroom · ₦1M to ₦1.5M
13.9%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 4 bedroom · ₦10M to ₦15M
14.4%
02
Ifo
Mostly 3 bedroom · ₦20M to ₦30M
13.8%
03
Mostly 4 bedroom · ₦50M to ₦70M
12.7%
04
Mostly 3 bedroom · ₦30M to ₦50M
12.5%
05
Mostly 3 bedroom · ₦100M to ₦150M
11.9%
06
Mostly 3 bedroom · ₦200K to ₦300K
11.4%
07
Mostly 3 bedroom · ₦20M to ₦30M
11.0%
08
Mostly 3 bedroom · ₦20M to ₦30M
10.9%
09
Mostly 3 bedroom
8.7%
10
Mostly 3 bedroom · ₦20M to ₦30M
8.5%

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 8% below asking Typical budget ₦1.4M vs ₦1.5M asked · 40% of listings within the typical budget
Searched budget vs asking sale price 16% below asking Typical budget ₦57.3M vs ₦68M asked · 44% of listings within the typical budget
Budget gap, rent

Searchers furthest below asking, rentals

01
27% of listings within the typical budget
18% below asking
02
44% of listings within the typical budget
12% below asking
Budget gap, sale

Searchers furthest below asking, homes for sale

01
48% of listings within the typical budget
10% below asking
Budget gap, rent

Searchers above asking, rentals

01
65% of listings within the typical budget
28% above asking
Budget gap, sale

Searchers above asking, homes for sale

01
69% of listings within the typical budget
100% above asking
02
62% of listings within the typical budget
30% 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 284 636 enquiries · 224 listings
Enquiries per 100 listings, sale 31 488 enquiries · 1,557 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
104 enquiries · 27 listings
385 enquiries per 100 listings
02
88 enquiries · 24 listings
367 enquiries per 100 listings
03
238 enquiries · 68 listings
350 enquiries per 100 listings
04
69 enquiries · 37 listings
187 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
74 enquiries · 122 listings
61 enquiries per 100 listings
02
33 enquiries · 55 listings
60 enquiries per 100 listings
03
23 enquiries · 53 listings
43 enquiries per 100 listings
04
28 enquiries · 66 listings
42 enquiries per 100 listings
05
73 enquiries · 203 listings
36 enquiries per 100 listings
06
11 enquiries · 34 listings
32 enquiries per 100 listings
07
49 enquiries · 174 listings
28 enquiries per 100 listings
08
55 enquiries · 199 listings
28 enquiries per 100 listings
09
13 enquiries · 57 listings
23 enquiries per 100 listings
10
22 enquiries · 106 listings
21 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 (30 Oct 2026), divided by the listings live on 31 Oct 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 1.6% of searches 12.9% of live rent listings
Serviced rentals: searched vs listed 0.9% of searches 1.8% 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

52.7 searches for every live rent listing, against 11.7 nationally.

26.8% of rent searches in Berger, Arepo found nothing

340 of 1,269 searches landed on an empty page — mostly 1 bedroom · ₦1M to ₦1.5M.

Sale budgets in Abeokuta South sit 100% above asking

Searchers typically set a maximum of ₦70M against a median asking price of ₦35M; 69% of listings within the typical budget.

Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ogun?

Magboro recorded 52.7 searches for every live rent listing between 2 Oct to 31 Oct 2026, the highest of any locality with at least 100 searches and 20 listings.

How often do rent searches in Ogun find nothing?

27.9% of the 8,128 rent searches recorded between 2 Oct to 31 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, 8% below asking the median asking price of ₦1.5M; 40% of listings within the typical budget.

How often do sale searches in Ogun find nothing?

9.2% of the 9,035 sale searches recorded between 2 Oct to 31 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 ₦57.3M, 16% below asking the median asking price of ₦68M; 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 2 Oct to 31 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 2 Oct to 31 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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