Live Data Feed
Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%
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Scout.ngReal Estate Intelligence
Lagos Property Database

Active Lagos Corridors & Returns

Statistical medians from 2,397 active listings across 24 neighborhoods — outliers removed, duplicates filtered. Click any area for the full report including prices by bedroom count, property type, and the Lagos Reality Factor.

Market Overview
Price Range

From ₦80.0M in Ibeju-Lekki to ₦2.0B in Banana Island — a 26x spread.

Top Yield Corridors

Eko Atlantic (8.5%), Ilupeju (7.2%), Ikeja GRA (6.7%).

Average Gross Yield

Market average across all tracked corridors: 3.9% gross. Net yields after operating costs are meaningfully lower.

All Tracked Corridors

Click any neighborhood for the full report including bedroom breakdowns and price trend charts.

Lekki Phase 1

Eti-Osa LGA
⚠️ HIGH DEMAND CORRIDOR
Median Sale₦270.0M
Median Rent/yr₦11.0M
552 listings
4.1% yieldhigh

Chevron / Lekki

Eti-Osa LGA
🔄 HIGH TURNOVER
Median Sale₦180.0M
Median Rent/yr₦7.0M
270 listings
3.9% yieldhigh

Ikoyi

Eti-Osa LGA
💎 CAPITAL PRESERVATION
Median Sale₦1.4B
Median Rent/yr₦45.0M
244 listings
3.2% yieldhigh

Ajah

Eti-Osa LGA
⚠️ INFRASTRUCTURE PLAY
Median Sale₦140.0M
Median Rent/yr₦3.5M
215 listings
2.5% yieldhigh

Ikate

Eti-Osa LGA
🚀 EMERGING YIELD
Median Sale₦215.0M
Median Rent/yr₦13.0M
165 listings
6.0% yieldhigh

Victoria Island

Eti-Osa LGA
🏢 CORPORATE TENANTS
Median Sale₦550.0M
Median Rent/yr₦30.0M
154 listings
5.5% yieldhigh

Banana Island

Eti-Osa LGA
💎 ULTRA PREMIUM
Median Sale₦2.0B
Median Rent/yr₦60.0M
106 listings
2.9% yieldhigh

Sangotedo

Eti-Osa LGA
🚀 GROWTH FRONTIER
Median Sale₦140.0M
Median Rent/yr₦4.5M
104 listings
3.2% yieldhigh

Ikeja

Ikeja LGA
Median Sale₦260.0M
Median Rent/yr₦6.0M
88 listings
2.3% yieldhigh

Osapa London

Eti-Osa LGA
📊 MID-MARKET VALUE
Median Sale₦535.0M
Median Rent/yr₦9.0M
75 listings
1.7% yieldhigh

Oniru

Eti-Osa LGA
🌊 WATERFRONT PREMIUM
Median Sale₦475.0M
Median Rent/yr₦25.0M
69 listings
5.3% yieldhigh

Ibeju-Lekki

Ibeju-Lekki LGA
Median Sale₦80.0M
Median Rent/yr₦1.4M
53 listings
1.8% yieldhigh

Magodo

Kosofe LGA
🏘️ ESTATE LIVING
Median Sale₦450.0M
Median Rent/yr₦12.5M
43 listings
2.8% yieldmedium

Surulere

Surulere LGA
🏘️ MAINLAND STABLE
Median Sale₦120.0M
Median Rent/yr₦5.0M
43 listings
4.2% yieldmedium

Ikeja GRA

Ikeja LGA
🏢 ESTABLISHED GRA
Median Sale₦450.0M
Median Rent/yr₦30.0M
41 listings
6.7% yieldmedium

Yaba

Yaba LGA
💻 TECH CORRIDOR
Median Sale₦150.0M
Median Rent/yr₦3.1M
39 listings
2.1% yieldmedium

Gbagada

Kosofe LGA
🏡 FAMILY ENCLAVE
Median Sale₦210.0M
Median Rent/yr₦4.0M
32 listings
1.9% yieldmedium

Maryland

Kosofe LGA
Median Sale₦294.5M
Median Rent/yr₦10.0M
31 listings
3.4% yieldmedium

Lekki Phase 2

Eti-Osa LGA
Median Sale₦280.0M
Median Rent/yr₦9.0M
22 listings
3.2% yieldmedium

Omole Phase 1

Kosofe LGA
Median Sale₦560.0M
Median Rent/yr₦23.0M
18 listings
4.1% yieldmedium

Eko Atlantic

Eti-Osa LGA
🌆 EMERGING LUXURY
Median Sale₦857.7M
Median Rent/yr₦73.3M
13 listings
8.5% yieldlow

Omole Phase 2

Kosofe LGA
Median Sale₦280.0M
Median Rent/yr₦8.0M
12 listings
2.9% yieldlow

Ilupeju

Mushin LGA
Median Sale₦184.9M
Median Rent/yr₦13.3M
7 listings
7.2% yieldlow

Ogba

Ifako-Ijaiye LGA
Median Sale₦250.0M
Median Rent/yr
1 listings
low

Full Comparison Table

All neighborhoods including those with limited data. Ranked by listing volume.

NeighborhoodMedian SaleMedian Rent/yrGross YieldListingsConfidence
Lekki Phase 1Eti-Osa₦270.0M₦11.0M4.1%552high
Chevron / LekkiEti-Osa₦180.0M₦7.0M3.9%270high
IkoyiEti-Osa₦1.4B₦45.0M3.2%244high
AjahEti-Osa₦140.0M₦3.5M2.5%215high
IkateEti-Osa₦215.0M₦13.0M6.0%165high
Victoria IslandEti-Osa₦550.0M₦30.0M5.5%154high
Banana IslandEti-Osa₦2.0B₦60.0M2.9%106high
SangotedoEti-Osa₦140.0M₦4.5M3.2%104high
IkejaIkeja₦260.0M₦6.0M2.3%88high
Osapa LondonEti-Osa₦535.0M₦9.0M1.7%75high
OniruEti-Osa₦475.0M₦25.0M5.3%69high
Ibeju-LekkiIbeju-Lekki₦80.0M₦1.4M1.8%53high
MagodoKosofe₦450.0M₦12.5M2.8%43medium
SurulereSurulere₦120.0M₦5.0M4.2%43medium
Ikeja GRAIkeja₦450.0M₦30.0M6.7%41medium
YabaYaba₦150.0M₦3.1M2.1%39medium
GbagadaKosofe₦210.0M₦4.0M1.9%32medium
MarylandKosofe₦294.5M₦10.0M3.4%31medium
Lekki Phase 2Eti-Osa₦280.0M₦9.0M3.2%22medium
Omole Phase 1Kosofe₦560.0M₦23.0M4.1%18medium
Eko AtlanticEti-Osa₦857.7M₦73.3M8.5%13low
Omole Phase 2Kosofe₦280.0M₦8.0M2.9%12low
IlupejuMushin₦184.9M₦13.3M7.2%7low
OgbaIfako-Ijaiye₦250.0M1low
Median Sale Price

The middle value of all sale listings. Half ask more, half ask less. More reliable than averages — one ₦5B mansion won't skew the whole number.

Gross Yield

Annual rent divided by sale price. A 5% yield means 5% of your investment per year before diesel, service charges, and management fees.

Confidence Level

High = 30+ listings (reliable). Medium = 10–29 (reasonable). Low = under 10 (directional only).

Important: These are asking prices, not transaction prices. Actual prices paid are typically 10–15% lower after negotiation. Read our full methodology →