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Welcome to your weekly breakdown of average property prices across Nigeria. Whether you’re planning to buy a plot in Ogun or rent an apartment in Abuja, these numbers will help you navigate the market smarter.
Let’s dive into what Week 2 of July 2025 looks like:
📊 Nationwide Snapshot – Week 2
| Property Type | Avg Sale Price (₦) | Avg Rent (₦/year) |
|---|---|---|
| Land (500sqm) | ₦3.65M | N/A |
| 2-Bedroom Flat | ₦21.8M | ₦1.3M |
| 3-Bedroom Flat | ₦28.9M | ₦1.8M |
| 4-Bedroom Duplex | ₦56.5M | ₦2.6M |
🌆 Top 5 Cities with the Highest House Prices
| City | 3-Bed Flat Avg | 4-Bed Duplex Avg | Notable Insight |
| Lagos | ₦45M | ₦82M | VI and Lekki Phase 1 drive prices |
| Abuja | ₦38M | ₦74M | Maitama, Wuse, Gwarinpa climbing |
| PH | ₦30M | ₦62M | GRA 1–3 remains top choice |
| Enugu | ₦26M | ₦54M | Independence Layout gaining interest |
| Ibadan | ₦22M | ₦46M | Akobo, Oluyole drive suburban growth |
🌍 Land Prices in Focus – Hot Spots
| State/City | Avg Land Price (500sqm) | Trend | |
| Lagos (Epe) | ₦1.8M | ▲ Rising | |
| Ogun (Mowe) | ₦1.25M | ▲ Rising | |
| Abuja (Lugbe) | ₦4.5M | — Steady | |
| Uyo | ₦1.2M | ▲ Rising | |
| Asaba | ₦2.6M | ▲ Rising |
💬 My Take: What This Means for Buyers & Sellers
- Epe & Mowe are still buyer-friendly, but prices may rise soon. Now is a good time to buy.
- High-end markets like VI, Maitama, and GRA are stabilizing—great for luxury sellers, not ideal for budget buyers.
- Secondary cities like Asaba and Uyo are showing serious growth. These could be future hotspots.
📌 Tips for Buyers This Week
- Looking for ROI? Try flats under ₦25M in Ibadan or Enugu.
- Want cheap land? Focus on Ogun or Epe, before Q3 price hikes.
- Renting? Abuja rents remain high; Lagos mainland still has better deals.
Internal Links
- Nigeria Property Index – July 2025 (Week 2)
- Where Nigerians Are Buying Land This Week
- Land Verification Tips Before Buying
External DoFollow Links
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