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Private Property House Price Index · October 2026

2-bedroom flat prices in Lagos

Median asking sale price for 2-bedroom flat listings in Lagos, from the listings first published on Private Property in the three months to each month.

Median sale price · October 2026

₦229M

Typical: ₦144M–₦318M

Half of listings asked between these two figures.

Gross rental yield 3.2% · median rent ₦7.4M/year

On last month
On a year ago
▲ +0.5%
▲ +35.5%
Listings
Listings published
597
Aug–Oct 2026

Median sale price by month

Median   Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.

Sale price in Lagos by size, October 2026

Sale price across Lagos, October 2026

City / LGA Median Typical range On last month On a year ago Listings
Lekki ₦246M ₦167M–₦303M ▼ -0.3% ▲ +37.0% 354
Victoria Island Small sample ₦490M ₦401M–₦543M ▲ +5.9% ▲ +32.4% 76
Ajah Small sample ₦89M ₦74.7M–₦112M ▲ +5.3% ▲ +20.3% 43

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦229M ₦144M–₦318M 597 ▲ +0.5%
September 2026 ₦227M ₦129M–₦309M 637 ▲ +4.9%
August 2026 ₦217M ₦126M–₦302M 651 ▲ +4.9%
July 2026 ₦207M ₦124M–₦293M 614 ▼ -0.8%
June 2026 ₦208M ₦134M–₦294M 560 ▲ +4.4%
May 2026 ₦200M ₦129M–₦297M 533 ▲ +0.2%
April 2026 ₦199M ₦130M–₦300M 576 ▲ +4.5%
March 2026 ₦191M ₦124M–₦282M 576 ▲ +1.7%
February 2026 ₦188M ₦120M–₦262M 564 ▲ +9.3%
January 2026 ₦172M ₦101M–₦251M 509 ▲ +3.5%
December 2025 ₦166M ₦97.4M–₦247M 480 ▲ +1.7%
November 2025 ₦163M ₦98.8M–₦233M 520 ▼ -3.4%
October 2025 ₦169M ₦119M–₦247M 577 ▲ +3.7%
September 2025 ₦163M ₦108M–₦244M 666 ▲ +1.5%
August 2025 ₦160M ₦102M–₦233M 634 ▲ +0.5%
July 2025 ₦159M ₦97.1M–₦231M 571 ▲ +7.2%
June 2025 ₦149M ₦98.3M–₦212M 457 ▲ +2.2%
May 2025 ₦145M ₦91.5M–₦203M 458 ▲ +2.6%
April 2025 ₦142M ₦88M–₦195M 508 ▲ +7.3%
March 2025 ₦132M ₦79.8M–₦196M 525 ▲ +2.6%
February 2025 ₦129M ₦75.7M–₦193M 458 ▲ +4.3%
January 2025 ₦123M ₦73.8M–₦181M 398 ▲ +6.8%
December 2024 ₦115M ₦73.6M–₦173M 378 ▲ +6.2%
November 2024 ₦109M ₦73.8M–₦161M 377 ▲ +7.0%

Frequently asked

What is the typical 2-bedroom flat price in Lagos?
The median asking price for 2-bedroom flat listings in Lagos was ₦229M in October 2026, according to the Private Property House Price Index.
What is the typical range for 2-bedroom flat prices in Lagos?
Half of the listings counted in October 2026 asked between ₦144M and ₦318M.
Are 2-bedroom flat prices in Lagos going up?
Yes. The median was up 35.5% on a year earlier: ₦229M in October 2026 against ₦169M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/flats-apartments/lagos/2-bedroom
Free to reuse under CC BY 4.0, with credit to Private Property and a link to this page.
How these figures are worked out