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Private Property House Price Index · October 2026

3-bedroom flat prices in Lagos

Median asking sale price for 3-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

₦312M

Typical: ₦196M–₦470M

Half of listings asked between these two figures.

Gross rental yield 5.4% · median rent ₦16.8M/year

On last month
On a year ago
▲ +0.3%
▲ +27.5%
Listings
Listings published
516
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 ₦341M ₦249M–₦399M ▼ -3.6% ▲ +40.1% 176
Ikoyi Small sample ₦727M ₦581M–₦987M ▼ -3.4% ▲ +12.8% 73
Ikeja Small sample ₦338M ₦278M–₦411M ▼ -4.8% ▲ +62.9% 62
Victoria Island Small sample ₦550M ₦446M–₦728M 0.0% ▲ +37.3% 49
Gbagada Small sample ₦164M ₦144M–₦202M ▲ +1.2% Not available 40
Ajah Small sample ₦120M ₦97.8M–₦129M Not available ▲ +39.0% 21

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦312M ₦196M–₦470M 516 ▲ +0.3%
September 2026 ₦311M ₦195M–₦460M 542 ▼ -6.5%
August 2026 ₦333M ₦192M–₦508M 541 ▲ +1.1%
July 2026 ₦330M ₦190M–₦521M 510 ▼ -5.0%
June 2026 ₦347M ₦195M–₦538M 479 ▲ +11.2%
May 2026 ₦312M ₦197M–₦510M 414 ▼ -0.6%
April 2026 ₦314M ₦201M–₦493M 404 ▲ +3.7%
March 2026 ₦303M ₦162M–₦446M 386 ▲ +13.5%
February 2026 ₦267M ₦146M–₦395M 359 ▲ +6.3%
January 2026 ₦251M ₦144M–₦390M 344 ▲ +0.8%
December 2025 ₦249M ₦146M–₦383M 324 ▲ +0.4%
November 2025 ₦248M ₦146M–₦384M 386 ▲ +1.2%
October 2025 ₦245M ₦146M–₦366M 442 ▼ -2.0%
September 2025 ₦250M ₦144M–₦372M 512 ▲ +3.2%
August 2025 ₦242M ₦129M–₦372M 512 ▼ -2.4%
July 2025 ₦248M ₦129M–₦379M 437 ▲ +0.7%
June 2025 ₦246M ₦138M–₦378M 373 ▲ +8.6%
May 2025 ₦227M ₦129M–₦376M 372 ▲ +5.2%
April 2025 ₦216M ₦123M–₦368M 447 ▲ +10.0%
March 2025 ₦196M ₦102M–₦355M 452 ▲ +1.1%
February 2025 ₦194M ₦97.7M–₦324M 452 ▲ +10.6%
January 2025 ₦175M ₦87.8M–₦308M 389 ▲ +7.6%
December 2024 ₦163M ₦85.1M–₦302M 380 ▲ +13.3%
November 2024 ₦144M ₦84.8M–₦273M 322 ▼ -1.0%

Frequently asked

What is the typical 3-bedroom flat price in Lagos?
The median asking price for 3-bedroom flat listings in Lagos was ₦312M in October 2026, according to the Private Property House Price Index.
What is the typical range for 3-bedroom flat prices in Lagos?
Half of the listings counted in October 2026 asked between ₦196M and ₦470M.
Are 3-bedroom flat prices in Lagos going up?
Yes. The median was up 27.5% on a year earlier: ₦312M in October 2026 against ₦245M 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/3-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