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Private Property House Price Index · October 2026

Property prices in Magodo GRA Phase 2, Lagos

Median asking sale price for property 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

₦547M

Typical: ₦362M–₦722M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +6.3%
▼ -1.0%
Listings
Listings published
43
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 ₦547M ₦362M–₦722M 43 Small sample ▲ +6.3%
September 2026 ₦515M ₦353M–₦733M 59 Small sample ▼ -3.4%
August 2026 ₦533M ₦344M–₦741M 55 Small sample ▼ -10.5%
July 2026 ₦595M ₦356M–₦738M 49 Small sample ▼ -5.5%
June 2026 ₦629M ₦548M–₦728M 36 Small sample ▲ +1.8%
May 2026 ₦618M ₦548M–₦697M 40 Small sample ▼ -1.6%
April 2026 ₦628M ₦534M–₦714M 38 Small sample ▲ +3.5%
March 2026 ₦607M ₦499M–₦734M 28 Small sample ▲ +12.3%
February 2026 ₦540M ₦310M–₦742M 27 Small sample ▲ +28.4%
January 2026 ₦421M ₦312M–₦557M 34 Small sample ▼ -11.5%
December 2025 ₦475M ₦355M–₦610M 46 Small sample ▼ -13.4%
November 2025 ₦549M ₦366M–₦639M 45 Small sample ▼ -0.7%
October 2025 ₦552M ₦368M–₦637M 54 Small sample ▲ +11.2%
September 2025 ₦497M ₦369M–₦641M 60 Small sample ▲ +9.0%
August 2025 ₦455M ₦312M–₦585M 78 Small sample ▲ +3.1%
July 2025 ₦442M ₦310M–₦558M 92 Small sample ▲ +11.6%
June 2025 ₦396M ₦310M–₦548M 88 Small sample ▼ -0.1%
May 2025 ₦396M ₦312M–₦499M 84 Small sample ▲ +0.7%
April 2025 ₦393M ₦313M–₦494M 81 Small sample ▼ -2.1%
March 2025 ₦402M ₦312M–₦495M 75 Small sample ▲ +11.4%
February 2025 ₦361M ₦306M–₦455M 71 Small sample ▲ +1.1%
January 2025 ₦357M ₦304M–₦421M 72 Small sample ▲ +0.4%
December 2024 ₦355M ₦271M–₦401M 68 Small sample ▲ +0.3%
November 2024 ₦354M ₦268M–₦421M 68 Small sample ▲ +0.1%

Frequently asked

What is the typical property price in Magodo GRA Phase 2, Lagos?
The median asking price for property listings in Magodo GRA Phase 2, Lagos was ₦547M in October 2026, according to the Private Property House Price Index.
What is the typical range for property prices in Magodo GRA Phase 2, Lagos?
Half of the listings counted in October 2026 asked between ₦362M and ₦722M.
Are property prices in Magodo GRA Phase 2, Lagos going up?
No. The median was down 1.0% on a year earlier: ₦547M in October 2026 against ₦552M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/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