Ikeja
Real estate intelligence — verified weekly from active listings
The most listed property class in Ikeja is the 4 bedrooms with 32 active listings. Median asking price is ₦340.0M. Median annual rent is ₦15.0M. That implies a gross yield of 4.4% before operating costs.
Prices by Bedroom Count
57 sale + 30 rental listings
1-Bed
Median Sale Price
₦75.0M
3 listings
Median Rent / Year
₦2.4M
6 listings
2-Bed
Median Sale Price
₦142.5M
6 listings
Median Rent / Year
₦3.5M
5 listings
3-Bed
Median Sale Price
₦202.5M
16 listings
Median Rent / Year
₦7.5M
10 listings
4-Bed
Most ListedMedian Sale Price
₦340.0M
25 listings
Median Rent / Year
₦15.0M
7 listings
5-Bed
Median Sale Price
₦600.0M
7 listings
Median Rent / Year
₦22.5M
2 listings
Overall Market Summary
Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.
Median Sale (All)
₦260.0M
₦48.0M – ₦670.0M
Median Rent (All)
₦6.0M
₦1.2M – ₦25.0M
Gross Yield
2.3%
All classes combined
Net Yield
-6.2%
After Lagos Reality Factor
Prices by Property Type
Flats, duplexes, detached houses, and other property types compared.
| Type | Median Sale | Median Rent/yr | Gross Yield | Sale | Rent |
|---|---|---|---|---|---|
| flat | ₦185.0M | ₦5.0M | 2.7% | 17 | 14 |
| other | ₦180.0M | ₦11.0M | 6.1% | 9 | 2 |
| duplex | ₦325.0M | ₦14.0M | 4.3% | 4 | 2 |
| studio | — | ₦2.5M | — | 0 | 1 |
| terrace | ₦300.0M | ₦16.5M | 5.5% | 5 | 4 |
| bungalow | ₦300.0M | — | — | 3 | 0 |
| detached | ₦340.0M | ₦25.0M | 7.4% | 11 | 1 |
| mini flat | — | ₦2.1M | — | 0 | 4 |
| semi detached | ₦370.0M | ₦15.0M | 4.1% | 8 | 3 |
Lagos Reality Factor
Ikeja falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.
What this means: On a median rent of ₦6.0M/yr, these costs consume 368% of your gross rental income — reducing yield from 2.3% to -6.2%.