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Nigeria property price index July 2025

Nigeria Property Price Index – Week 5, July 2025

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Why It Matters

Knowing the price index helps buyers, investors, and developers track market movements. Whether you’re flipping homes, buying land, or building estates — this data is your compass.

This week, we break down average prices for:

  • Houses (sales & rent)

  • Land (urban & suburban plots)
    across Nigeria’s top cities.


🏘️ House Prices – Week 5 Snapshot

City Avg. Sale Price (₦) Avg. Rent (₦/yr) Trend
Lagos (Lekki) ₦127,000,000 ₦4,800,000 🔼 2.5%
Abuja (Maitama) ₦210,000,000 ₦7,200,000 ➖ 0.0%
Port Harcourt ₦85,000,000 ₦2,900,000 🔽 -1%
Ibadan ₦38,000,000 ₦1,200,000 🔼 1.2%
Benin City ₦41,000,000 ₦950,000 🔼 1.5%
Enugu ₦46,000,000 ₦1,050,000 🔼 0.8%

🌍 Land Prices – Week 5 Snapshot

City Avg. Price per Plot (₦) Trend
Lagos (Ibeju) ₦8,700,000 🔼 2.1%
Abuja (Lugbe) ₦13,000,000 🔼 1.8%
Uyo ₦4,300,000 ➖ 0.0%
Asaba ₦3,800,000 🔽 -0.5%
Abeokuta ₦2,950,000 🔼 1.3%
Ilorin ₦2,600,000 🔼 1.7%

My Take

Lagos and Abuja remain strong, but I’m particularly watching Ibadan and Abeokuta. Affordable pricing, rapid development, and rising migration are fueling consistent growth.

Tip: Now may be the best time to acquire land in Ilorin or Uyo prices are stable but expected to rise by Q3.


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