📊 Nigeria Property Market Snapshot – Week 4, July 2025
As we close out the month, Nigeria’s real estate market shows mixed signals across major cities. While land prices continue to rise in key growth corridors, rental demand is stabilizing, and some mid-tier home sales are slowing.
This Week 4 Nigeria Property Index highlights the top-performing areas, the hottest property types, and the signals every investor should watch.
🔥 Top 5 Cities by Overall Property Market Activity
| Rank | City | Activity Index (out of 100) | Week-on-Week Change |
|---|---|---|---|
| 1 | Lagos | 88.5 | ➡️ Stable |
| 2 | Abuja | 84.2 | ⬆️ +2.4% |
| 3 | Port Harcourt | 77.9 | ⬆️ +3.1% |
| 4 | Ibadan | 72.3 | ⬆️ +1.8% |
| 5 | Benin City | 67.5 | ⬇️ -1.6% |
🧠 Port Harcourt continues to climb thanks to increased land transactions and rental turnover.
🏠 Trending Property Types (Week 4)
| Property Type | Demand Score | Trend |
|---|---|---|
| Residential Land | 92.3 | ⬆️ Up |
| Mini Flats (Rent) | 81.5 | ➡️ Stable |
| 3-Bedroom Flats | 75.0 | ⬇️ Down |
| Self-Contain Units | 77.9 | ➡️ Stable |
| Commercial Spaces | 69.2 | ⬆️ Up |
| Short Let Apartments | 54.8 | ⬇️ Down |
🛠️ Mini flats and self-contained units continue to dominate searches for young professionals and students.
📍 Land Price Growth Zones – This Week’s Winners
| City/Area | Avg Land Price (per sqm) | Weekly Increase |
|---|---|---|
| Epe (Lagos) | ₦10,500 | ⬆️ +4.6% |
| Lugbe (Abuja) | ₦27,000 | ⬆️ +3.9% |
| Rumuodara (PHC) | ₦18,800 | ⬆️ +5.2% |
| Olodo (Ibadan) | ₦2,950 | ⬆️ +3.2% |
| Ogwashi-Uku (Delta) | ₦1,800 | ⬆️ +6.4% |
📈 Investors are targeting early-development suburbs for long-term land banking strategies.
📉 Softening Markets to Watch
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3-Bed Flats in Surulere, Wuse, and Sapele: Slight decline in buyer activity
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Short Let Apartments in Lekki Phase 1: 8% decrease in inquiries
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Commercial Shops in Akure: Stable, but rental yield growth slowing
💡 What Investors Should Do This Week
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Shift focus to land in Epe, Lugbe, and PH suburbs.
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Avoid over-priced 3-bed units in saturated areas.
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List more mini flats and commercial spaces in Ibadan and Uyo.
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Use incentives like 3-month free rent to speed up short-let turnovers.
