Ikeja GRA
Lagos property intelligence · data as of 8 June 2026
The most listed property class in Ikeja GRA is the 4 bedrooms with 25 active listings. Median asking price is ₦570.0M. Median annual rent is ₦30.0M. That implies a gross yield of 5.3% before operating costs.
Price Movement Over Time
Monthly median asking prices from 12 dated listings over 2 months
Prices by Bedroom Count
30 sale + 20 rental listings
1-Bed
Median Sale Price
₦170.0M
1 listing
Median Rent / Year
—
0 listings
2-Bed
Median Sale Price
₦310.0M
4 listings
Median Rent / Year
₦40.0M
1 listing
3-Bed
Median Sale Price
₦410.0M
12 listings
Median Rent / Year
₦25.0M
6 listings
4-Bed
Most ListedMedian Sale Price
₦570.0M
12 listings
Median Rent / Year
₦30.0M
13 listings
5-Bed
Median Sale Price
₦650.0M
1 listing
Median Rent / Year
—
0 listings
Overall Market Summary
Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.
Median Sale (All)
₦465.0M
₦170.0M – ₦1.0B
Median Rent (All)
₦30.0M
₦15.0M – ₦60.0M
Gross Yield
6.5%
All classes combined
Net Yield
0.7%
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 | ₦400.0M | ₦32.5M | 8.1% | 13 | 4 |
| other | ₦475.0M | ₦22.5M | 4.7% | 9 | 2 |
| duplex | — | ₦40.0M | — | 0 | 1 |
| terrace | ₦570.0M | ₦32.5M | 5.7% | 4 | 4 |
| bungalow | — | ₦25.0M | — | 0 | 1 |
| detached | ₦1.0B | ₦35.0M | 3.5% | 1 | 5 |
| penthouse | ₦540.0M | ₦25.0M | 4.6% | 2 | 1 |
| semi detached | ₦750.0M | ₦42.5M | 5.7% | 1 | 2 |
Lagos Reality Factor
Ikeja GRA falls in the mid_range tier. These are the annual costs every landlord pays but no listing ever shows.
What this means: On a median rent of ₦30.0M/yr, these costs consume 45% of your gross rental income — reducing yield from 6.5% to 0.7%.
Ikeja GRA Property FAQ
What is the average rent in Ikeja GRA?
The median annual asking rent in Ikeja GRA, Lagos is ₦30.0M, per Scout data as of 8 June 2026 (based on 20 rental listings).
What is the average property price in Ikeja GRA?
The median asking sale price in Ikeja GRA, Lagos is ₦465.0M, as of 8 June 2026 (based on 30 for-sale listings).
What is the rental yield in Ikeja GRA?
Ikeja GRA has an implied gross rental yield of 6.5%, or about 0.7% net after Lagos operating costs (diesel, service charge, management).
How many listings is the Ikeja GRA data based on?
These figures are derived from 50 active public property listings in Ikeja GRA, with outliers and duplicates removed (high confidence).