Magodo
Real estate intelligence — verified weekly from active listings
The most listed property class in Magodo is the 4 bedrooms with 21 active listings. Median asking price is ₦355.0M. Median annual rent is ₦17.0M. That implies a gross yield of 4.8% before operating costs.
Prices by Bedroom Count
23 sale + 20 rental listings
1-Bed
Median Sale Price
—
0 listings
Median Rent / Year
₦2.5M
2 listings
2-Bed
Median Sale Price
—
0 listings
Median Rent / Year
₦4.0M
3 listings
3-Bed
Median Sale Price
₦197.5M
4 listings
Median Rent / Year
₦6.3M
2 listings
4-Bed
Most ListedMedian Sale Price
₦355.0M
10 listings
Median Rent / Year
₦17.0M
11 listings
5-Bed
Median Sale Price
₦697.5M
8 listings
Median Rent / Year
₦20.5M
2 listings
6-Bed
Median Sale Price
₦800.0M
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)
₦450.0M
₦140.0M – ₦900.0M
Median Rent (All)
₦12.5M
₦2.0M – ₦21.0M
Gross Yield
2.8%
All classes combined
Net Yield
-2.3%
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 | ₦250.0M | ₦6.0M | 2.4% | 5 | 5 |
| other | — | ₦11.5M | — | 0 | 2 |
| duplex | — | ₦18.5M | — | 0 | 2 |
| terrace | ₦285.0M | ₦16.5M | 5.8% | 1 | 2 |
| detached | ₦675.0M | ₦20.0M | 3.0% | 11 | 3 |
| mini flat | — | ₦2.0M | — | 0 | 1 |
| penthouse | ₦550.0M | — | — | 1 | 0 |
| semi detached | ₦350.0M | ₦12.0M | 3.4% | 5 | 5 |
Lagos Reality Factor
Magodo 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 ₦12.5M/yr, these costs consume 185% of your gross rental income — reducing yield from 2.8% to -2.3%.