Nigeria Property Index – August 11, 2025
This week’s index tracks the average asking prices for houses and land in major Nigerian cities.
Average Asking Prices (₦ Million)
| City | 3-Bedroom House | Land (500sqm) | Weekly Change |
|---|---|---|---|
| Lagos | ₦75.0 | ₦60.0 | +0.8% |
| Abuja | ₦68.5 | ₦55.0 | +0.5% |
| Port Harcourt | ₦50.2 | ₦35.5 | 0.0% |
| Ibadan | ₦28.0 | ₦12.0 | +1.2% |
| Enugu | ₦33.5 | ₦18.5 | -0.3% |
Key Insights
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Lagos leads the price growth with high demand in Lekki and Ajah.
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Ibadan recorded the biggest jump as investors look for cheaper land.
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Enugu saw a slight dip, likely due to reduced new project launches.
My Take
Investors chasing quick capital gains should watch Ibadan and fringe Lagos areas like Epe. Lagos’ land market remains resilient, and Abuja continues to show steady growth for long-term holds.
