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Private Property House Price Index · October 2026

House prices in Magodo GRA Phase 2, Lagos

Median asking sale price for house listings in Magodo GRA Phase 2, Lagos, from the listings first published on Private Property in the three months to each month.

Median sale price · October 2026

₦564M

Typical: ₦460M–₦733M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▼ -6.5%
▲ +1.6%
Listings
Listings published
38
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.

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦564M ₦460M–₦733M 38 Small sample ▼ -6.5%
September 2026 ₦603M ₦458M–₦748M 49 Small sample ▼ -3.8%
August 2026 ₦627M ₦480M–₦765M 43 Small sample ▼ -0.4%
July 2026 ₦629M ₦541M–₦749M 39 Small sample ▼ -1.8%
June 2026 ₦641M ₦560M–₦732M 33 Small sample ▲ +3.7%
May 2026 ₦618M ₦548M–₦697M 40 Small sample ▼ -1.6%
April 2026 ₦628M ₦550M–₦702M 34 Small sample ▲ +2.2%
March 2026 ₦614M ₦531M–₦730M 22 Small sample Not available
January 2026 ₦460M ₦359M–₦563M 29 Small sample ▼ -7.8%
December 2025 ₦499M ₦375M–₦620M 41 Small sample ▼ -9.6%
November 2025 ₦552M ₦377M–₦643M 42 Small sample ▼ -0.5%
October 2025 ₦555M ₦372M–₦639M 52 Small sample ▲ +11.7%
September 2025 ₦497M ₦369M–₦641M 60 Small sample ▲ +8.1%
August 2025 ₦460M ₦344M–₦588M 75 Small sample ▲ +2.8%
July 2025 ₦447M ₦332M–₦568M 86 Small sample ▲ +7.6%
June 2025 ₦416M ₦331M–₦557M 81 Small sample ▲ +2.9%
May 2025 ₦404M ₦328M–₦507M 79 Small sample ▲ +2.1%
April 2025 ₦396M ₦322M–₦493M 78 Small sample ▼ -1.5%
March 2025 ₦402M ₦313M–₦493M 73 Small sample ▲ +11.4%
February 2025 ₦361M ₦307M–₦454M 69 Small sample ▲ +1.0%
January 2025 ₦357M ₦305M–₦442M 71 Small sample ▲ +0.2%
December 2024 ₦356M ₦300M–₦406M 66 Small sample ▲ +0.4%
November 2024 ₦355M ₦270M–₦426M 67 Small sample 0.0%
October 2024 ₦355M ₦256M–₦411M 46 Small sample ▲ +1.6%

Frequently asked

What is the typical house price in Magodo GRA Phase 2, Lagos?
The median asking price for house listings in Magodo GRA Phase 2, Lagos was ₦564M in October 2026, according to the Private Property House Price Index.
What is the typical range for house prices in Magodo GRA Phase 2, Lagos?
Half of the listings counted in October 2026 asked between ₦460M and ₦733M.
Are house prices in Magodo GRA Phase 2, Lagos going up?
Yes. The median was up 1.6% on a year earlier: ₦564M in October 2026 against ₦555M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/houses/lagos/kosofe-ikosi/magodo-gra-phase-2
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