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Private Property House Price Index · October 2026

House prices in Lagos

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

Median sale price · October 2026

₦351M

Typical: ₦198M–₦614M

Half of listings asked between these two figures.

Gross rental yield 4.5% · median rent ₦15.9M/year

On last month
On a year ago
▼ -1.9%
▲ +25.9%
Listings
Listings published
3,174
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 ₦397M ₦253M–₦631M ▼ -0.7% ▲ +27.3% 1,394
Ajah ₦175M ₦138M–₦256M ▼ -0.4% ▲ +15.4% 589
Ikoyi ₦2.5B ₦1.5B–₦4.5B ▲ +3.1% ▲ +63.6% 200
Ikeja ₦455M ₦357M–₦701M ▲ +0.8% ▲ +8.3% 180
Ojodu ₦362M ₦256M–₦623M ▼ -7.9% ▲ +14.3% 178
Victoria Island Small sample ₦802M ₦686M–₦917M ▼ -1.1% ▲ +39.3% 73
Ibeju-Lekki Small sample ₦92.7M ₦82.1M–₦111M ▲ +1.1% ▲ +23.4% 72
Gbagada Small sample ₦357M ₦271M–₦443M ▲ +0.1% ▲ +28.0% 67
Kosofe/Ikosi Small sample ₦460M ₦316M–₦650M ▼ -10.0% ▼ -0.2% 65
Ogudu Small sample ₦384M ₦305M–₦555M ▼ -1.8% ▼ -15.2% 61
Maryland Small sample ₦332M ₦250M–₦457M ▼ -0.4% ▲ +7.2% 57
Ogba Small sample ₦275M ₦233M–₦350M ▲ +0.2% ▲ +9.1% 45
Sangotedo Small sample ₦190M ₦150M–₦301M ▲ +10.3% Not available 39
Surulere Small sample ₦356M ₦297M–₦403M ▲ +14.2% ▲ +41.9% 30

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦351M ₦198M–₦614M 3,174 ▼ -1.9%
September 2026 ₦358M ₦206M–₦615M 3,359 ▼ -2.6%
August 2026 ₦368M ₦224M–₦624M 3,505 ▼ -3.8%
July 2026 ₦382M ₦224M–₦638M 3,610 ▼ -0.8%
June 2026 ₦385M ₦221M–₦637M 3,488 ▲ +3.4%
May 2026 ₦372M ₦198M–₦616M 3,417 ▲ +4.3%
April 2026 ₦357M ₦186M–₦594M 3,399 ▲ +5.5%
March 2026 ₦338M ₦177M–₦543M 3,634 ▲ +2.2%
February 2026 ₦331M ₦180M–₦542M 3,272 ▲ +5.7%
January 2026 ₦313M ₦177M–₦524M 3,255 ▲ +1.4%
December 2025 ₦309M ₦178M–₦521M 3,079 ▲ +8.7%
November 2025 ₦284M ₦164M–₦505M 4,005 ▲ +1.7%
October 2025 ₦279M ₦164M–₦494M 4,934 ▲ +3.1%
September 2025 ₦271M ₦159M–₦470M 5,613 ▲ +0.5%
August 2025 ₦269M ₦152M–₦460M 5,548 ▲ +2.4%
July 2025 ₦263M ₦149M–₦447M 5,123 ▲ +1.6%
June 2025 ₦259M ₦146M–₦407M 4,478 ▲ +1.7%
May 2025 ₦255M ₦144M–₦395M 4,399 ▲ +1.5%
April 2025 ₦251M ₦135M–₦394M 4,546 ▲ +1.0%
March 2025 ₦248M ₦130M–₦395M 4,726 ▲ +0.2%
February 2025 ₦248M ₦129M–₦396M 4,260 ▲ +0.8%
January 2025 ₦246M ₦128M–₦393M 3,795 ▲ +4.2%
December 2024 ₦236M ₦127M–₦391M 3,665 ▲ +5.1%
November 2024 ₦225M ₦125M–₦386M 3,635 ▲ +12.1%

Frequently asked

What is the typical house price in Lagos?
The median asking price for house listings in Lagos was ₦351M in October 2026, according to the Private Property House Price Index.
What is the typical range for house prices in Lagos?
Half of the listings counted in October 2026 asked between ₦198M and ₦614M.
Are house prices in Lagos going up?
Yes. The median was up 25.9% on a year earlier: ₦351M in October 2026 against ₦279M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/houses/lagos
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