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Average Property Prices in Nigeria – July 2025 (Week 2 Update)
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.
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Mercy
Editor, Nigeria Real Estate Blog
Mercy covers the Nigerian property market for Nigeria Real Estate Blog - prices, land documentation, buying guides and the practical questions that come up before a purchase.
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