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Average Property Prices in Nigeria – July 2025 Update: My Take

Average Property Prices in Nigeria – July 2025 Update

Average Property Prices in Nigeria july 2025

Average Property Prices in Nigeria – July 2025 Update: My Take

Property prices in Nigeria are shifting fast.

Whether you’re buying to build, flip, or rent, you need to know this month’s average property prices in Nigeria. This report breaks down land, flats, and duplex prices in major cities and uncovers where the market is moving.


📌 Table of Contents

  1. National Average Property Prices – July 2025

  2. Top 5 Most Expensive Cities

  3. Top 5 Cheapest Cities

  4. My Take on the Numbers

  5. Investment Advice for This Month

  6. Tools for Price Tracking


1. 🏡 National Average Property Prices (July 2025)

Property Type National Average Price
Land (500sqm) ₦3.7 million
3-Bedroom Flat ₦28.5 million
4-Bedroom Duplex ₦57 million
2-Bedroom Rental ₦1.3 million/year

2. 💸 Top 5 Most Expensive Cities (Buying)

City 3-Bed Flat 500sqm Land 4-Bed Duplex
Lagos ₦46M ₦8.7M ₦95M
Abuja ₦42M ₦7.9M ₦87M
Port Harcourt ₦39M ₦6.5M ₦75M
Asaba ₦33M ₦4.4M ₦55M
Enugu ₦30M ₦4.1M ₦48M

3. 💰 Top 5 Cheapest Cities (Buying)

City 3-Bed Flat 500sqm Land 4-Bed Duplex
Makurdi ₦15M ₦1.2M ₦30M
Akure ₦16.8M ₦1.4M ₦33M
Zaria ₦17.2M ₦1.6M ₦35M
Abeokuta ₦19M ₦2.3M ₦37M
Calabar ₦20M ₦2.4M ₦38.5M

4. 🧠 My Take on the Numbers

Despite inflation and forex shocks, land remains undervalued outside Lagos and Abuja. Lagos prices continue to climb — but cities like Abeokuta, Calabar, and Makurdi are offering 50–65% lower entry points with room for growth.

Example:
Uche bought land in Akure for ₦1.6M in 2022 — now reselling at ₦3.5M.
ROI? Over 100% in under 3 years.


5. 💼 Smart Investor Advice for July 2025

🧠 Tip: Always verify land titles and check area zoning before building.


6. 🔧 Tools to Track Property Prices

What do you think?

Written by neche

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