What is the typical property price in Magodo GRA Phase 1, Lagos?

The median asking price for property listings in Magodo GRA Phase 1, Lagos was ₦368M in October 2026, according to the Private Property House Price Index.

What is the typical range for property prices in Magodo GRA Phase 1, Lagos?

Half of the listings counted in October 2026 asked between ₦303M and ₦493M.

Are property prices in Magodo GRA Phase 1, Lagos going up?

Yes. The median was up 12.7% on a year earlier: ₦368M in October 2026 against ₦326M in October 2025.

Private Property House Price Index · October 2026

Property prices in Magodo GRA Phase 1, Lagos

Name: Property prices in Magodo GRA Phase 1, Lagos — Private Property House Price Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

Median asking sale price for property 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

₦368M

Typical: ₦303M–₦493M

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▼ -6.7%; ▲ +12.7%
Listings
Listings published: 59; 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

All sizes ₦368M Small sample 4 bedrooms ₦363M Small sample

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦368M	₦303M–₦493M	59 Small sample	▼ -6.7%
September 2026	₦394M	₦305M–₦487M	68 Small sample	▼ -4.0%
August 2026	₦411M	₦311M–₦550M	68 Small sample	▲ +5.0%
July 2026	₦391M	₦312M–₦493M	69 Small sample	▲ +1.6%
June 2026	₦385M	₦349M–₦483M	69 Small sample	▲ +1.9%
May 2026	₦378M	₦313M–₦465M	55 Small sample	▼ -1.0%
April 2026	₦382M	₦312M–₦468M	54 Small sample	▲ +7.1%
March 2026	₦356M	₦263M–₦451M	50 Small sample	0.0%
February 2026	₦356M	₦265M–₦455M	60 Small sample	▲ +5.0%
January 2026	₦339M	₦271M–₦448M	56 Small sample	▼ -0.3%
December 2025	₦341M	₦308M–₦444M	44 Small sample	▲ +5.9%
November 2025	₦322M	₦285M–₦368M	40 Small sample	▼ -1.5%
October 2025	₦326M	₦300M–₦376M	38 Small sample	▲ +6.5%
September 2025	₦306M	₦249M–₦373M	51 Small sample	▲ +12.1%
August 2025	₦273M	₦192M–₦388M	51 Small sample	▲ +6.1%
July 2025	₦258M	₦183M–₦370M	51 Small sample	▲ +0.3%
June 2025	₦257M	₦214M–₦369M	46 Small sample	▼ -2.9%
May 2025	₦265M	₦202M–₦367M	35 Small sample	▲ +11.6%
April 2025	₦237M	₦178M–₦356M	29 Small sample	▲ +6.7%
March 2025	₦222M	₦180M–₦364M	39 Small sample	▲ +2.5%
February 2025	₦217M	₦170M–₦356M	43 Small sample	▲ +1.7%
January 2025	₦213M	₦167M–₦354M	41 Small sample	▲ +20.5%
December 2024	₦177M	₦145M–₦230M	45 Small sample	▼ -1.2%
November 2024	₦179M	₦149M–₦230M	46 Small sample	▼ -4.8%

See property listings for sale in Magodo GRA Phase 1

Frequently asked

What is the typical property price in Magodo GRA Phase 1, Lagos?: The median asking price for property listings in Magodo GRA Phase 1, Lagos was ₦368M in October 2026, according to the Private Property House Price Index.
What is the typical range for property prices in Magodo GRA Phase 1, Lagos?: Half of the listings counted in October 2026 asked between ₦303M and ₦493M.
Are property prices in Magodo GRA Phase 1, Lagos going up?: Yes. The median was up 12.7% on a year earlier: ₦368M in October 2026 against ₦326M in October 2025.

Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/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