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Average Property Prices in Nigeria – Week 4, July 2025 (By City & Property Type)

average property prices in Nigeria

🧭 Why This Report Matters

Whether you’re a buyer, seller, agent, or investor, understanding Nigeria’s weekly price trends helps you stay ahead. This week’s data highlights where prices are rising, falling, or holding steady.

We break it down by city and property type — for both sale and rent.


📊 Average Property Prices by City (Week 4 – July 2025)

➤ Sale Prices (₦)

City 1-Bed Flat 3-Bed Flat 4-Bed Duplex Land (per 500 sqm)
Lagos ₦29.5M ₦67.2M ₦134M ₦18M
Abuja ₦25.1M ₦56.5M ₦112M ₦14.5M
Port Harcourt ₦18.7M ₦42.8M ₦92M ₦9.2M
Ibadan ₦9.4M ₦23.5M ₦52M ₦3.8M
Enugu ₦10.8M ₦26.2M ₦58M ₦4.3M
Benin City ₦11.5M ₦24.4M ₦51M ₦3.5M

➤ Rent Prices (₦/Year)

City 1-Bed Flat 2-Bed Flat 3-Bed Flat 4-Bed Duplex
Lagos ₦1.5M ₦2.2M ₦3.1M ₦4.8M
Abuja ₦1.3M ₦2.0M ₦2.9M ₦4.3M
Port Harcourt ₦850K ₦1.4M ₦2.2M ₦3.1M
Ibadan ₦550K ₦800K ₦1.2M ₦2M
Enugu ₦600K ₦900K ₦1.4M ₦2.3M
Benin City ₦500K ₦800K ₦1.3M ₦2.1M

🔎 Market Trends This Week

  • Lagos & Abuja: High demand for 1- & 2-bed flats in central districts continues to push rents higher.

  • Ibadan & Enugu: Stable price points are attracting budget-conscious buyers and retirees.

  • PHC & Benin: Slight uptick in land interest near new road corridors and proposed industrial zones.


🏡 What This Means for You

💼 For Investors:

Focus on Ibadan, Enugu, and PHC — low acquisition cost, rising rental yield.

🔍 For Renters:

Consider Benin or Port Harcourt for more affordable 2-bed options under ₦1.5M/year.

🏗️ For Developers:

Land prices in Lugbe (Abuja) and Epe (Lagos) are still attractive for buy-build-sell models.


🧮 Quick ROI Math

If you buy a ₦25M 3-bed flat in Abuja and rent it out at ₦2.9M/year:
Rental Yield = 11.6% — better than most Treasury Bills.


📣 Share This Report & Get Weekly Alerts

🔗 Subscribe to Nigeria Real Estate Blog Newsletter to get weekly property price alerts in your inbox every Wednesday.


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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. All posts →
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