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Private Property House Price Index · October 2026

House prices in Magodo GRA Phase 1, Lagos

Median asking sale price for house listings in Magodo GRA Phase 1, Lagos, from the listings first published on Private Property in the three months to each month.

Median sale price · October 2026

₦382M

Typical: ₦311M–₦544M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▼ -13.8%
▲ +9.7%
Listings
Listings published
54
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 Magodo GRA Phase 1 by size, October 2026

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦382M ₦311M–₦544M 54 Small sample ▼ -13.8%
September 2026 ₦443M ₦310M–₦539M 63 Small sample ▲ +5.2%
August 2026 ₦421M ₦314M–₦564M 64 Small sample ▲ +7.6%
July 2026 ₦391M ₦312M–₦493M 69 Small sample ▲ +0.8%
June 2026 ₦388M ₦348M–₦484M 68 Small sample ▲ +2.4%
May 2026 ₦379M ₦313M–₦466M 54 Small sample ▼ -2.3%
April 2026 ₦388M ₦338M–₦475M 50 Small sample ▲ +7.2%
March 2026 ₦362M ₦275M–₦454M 45 Small sample ▲ +0.5%
February 2026 ₦360M ₦301M–₦455M 54 Small sample ▲ +6.0%
January 2026 ₦339M ₦301M–₦447M 52 Small sample ▼ -1.1%
December 2025 ₦343M ₦311M–₦444M 41 Small sample ▲ +4.1%
November 2025 ₦330M ₦305M–₦372M 36 Small sample ▼ -5.2%
October 2025 ₦348M ₦306M–₦379M 35 Small sample ▲ +11.9%
September 2025 ₦311M ₦258M–₦375M 48 Small sample ▲ +12.8%
August 2025 ₦276M ₦198M–₦388M 50 Small sample ▲ +6.7%
July 2025 ₦258M ₦188M–₦371M 50 Small sample ▲ +0.5%
June 2025 ₦257M ₦216M–₦367M 44 Small sample ▼ -2.9%
May 2025 ₦265M ₦213M–₦366M 33 Small sample ▲ +11.6%
April 2025 ₦237M ₦181M–₦356M 25 Small sample ▲ +6.7%
March 2025 ₦222M ₦180M–₦366M 37 Small sample ▲ +2.1%
February 2025 ₦218M ₦175M–₦359M 40 Small sample ▲ +1.4%
January 2025 ₦215M ₦171M–₦356M 39 Small sample ▲ +18.4%
December 2024 ₦181M ₦150M–₦231M 43 Small sample ▼ -2.4%
November 2024 ₦186M ₦157M–₦232M 43 Small sample ▼ -1.8%

Frequently asked

What is the typical house price in Magodo GRA Phase 1, Lagos?
The median asking price for house listings in Magodo GRA Phase 1, Lagos was ₦382M in October 2026, according to the Private Property House Price Index.
What is the typical range for house prices in Magodo GRA Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦311M and ₦544M.
Are house prices in Magodo GRA Phase 1, Lagos going up?
Yes. The median was up 9.7% on a year earlier: ₦382M in October 2026 against ₦348M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/houses/lagos/ojodu/magodo-gra-phase-1
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