Nigeria Property Centre
Demand vs Supply · 17 Sep to 20 Sep 2026

Where demand outruns supply in Nigeria.

Searches on Nigeria Property Centre measured against the listings live to meet them, 17 Sep to 20 Sep 2026: where people search and find little or nothing, what they asked for, and what they said they could pay.

Location
17 Sep to 20 Sep 2026

Search pressure across Nigeria

Searches
180,031
since 17 Sep 2026
Per listing
1.3
since 17 Sep 2026
Found nothing
48.5%
since 17 Sep 2026
Rent budget gap
67% below asking
since 17 Sep 2026
Sale budget gap
43% below asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 2.7 109,265 searches · 40,362 listings
Searches per live listing, sale 0.7 70,766 searches · 97,263 listings
Searches per live listing, rent

Most competitive localities for rentals

01
Index 590 · national 100
16.0 searches per listing
02
Index 539 · national 100
14.6 searches per listing
03
Index 400 · national 100
10.8 searches per listing
04
Index 380 · national 100
10.3 searches per listing
05
Index 369 · national 100
10.0 searches per listing
06
Index 367 · national 100
10.0 searches per listing
07
Index 358 · national 100
9.7 searches per listing
08
Index 341 · national 100
9.2 searches per listing
09
Index 334 · national 100
9.1 searches per listing
10
Index 322 · national 100
8.7 searches per listing
Searches per live listing, sale

Most competitive localities for homes for sale

01
Index 849 · national 100
6.2 searches per listing
02
Index 834 · national 100
6.1 searches per listing
03
Index 530 · national 100
3.9 searches per listing
04
Index 525 · national 100
3.8 searches per listing
05
Index 449 · national 100
3.3 searches per listing
06
Index 421 · national 100
3.1 searches per listing
07
Index 336 · national 100
2.5 searches per listing
08
Index 286 · national 100
2.1 searches per listing
09
Ojo
Index 285 · national 100
2.1 searches per listing
10
Index 285 · national 100
2.1 searches per listing

Searches in the window divided by the listings live on 20 Sep 2026 that a searcher could actually rent or buy — published, priced whole, in NGN. The index puts the national rate at 100.

Unmet demand: where searches find nothing

Searches that found nothing, rent 50.7% Mostly 5+ bedroom · ₦2M to ₦3M
Searches that found nothing, sale 45.0% Mostly 5+ bedroom · ₦100M to ₦150M
Share of searches with no results, rent

Where rentals are hardest to find

01
Mostly 5+ bedroom · ₦1M to ₦1.5M
75.3%
02
Mostly 5+ bedroom · ₦1M to ₦1.5M
73.7%
03
Epe
Mostly 3 bedroom · ₦700K to ₦1M
71.5%
04
Mostly 3 bedroom · ₦2M to ₦3M
70.8%
05
Mostly 5+ bedroom · ₦1M to ₦1.5M
69.3%
06
Mostly 5+ bedroom · ₦5M to ₦7M
68.7%
07
Mostly 2 bedroom · ₦5M to ₦7M
67.8%
08
Mostly 1 bedroom · ₦300K to ₦500K
67.7%
09
Mostly 5+ bedroom · ₦2M to ₦3M
67.4%
10
Mostly 1 bedroom · ₦1M to ₦1.5M
66.3%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 2 bedroom · ₦50M to ₦70M
77.9%
02
Mostly 5+ bedroom
77.7%
03
Mostly 2 bedroom · ₦100M to ₦150M
74.5%
04
Mostly 1 bedroom · ₦20M to ₦30M
71.0%
05
Mostly 2 bedroom · ₦20M to ₦30M
70.4%
06
Mostly 5+ bedroom · ₦100M to ₦150M
68.1%
07
Mostly 5+ bedroom · ₦30M to ₦50M
66.5%
08
Uyo
Mostly 5+ bedroom
66.3%
09
Mostly 3 bedroom · ₦200M to ₦300M
63.5%
10
Mostly 5+ bedroom · ₦1M to ₦1.5M
61.4%

A search found nothing when the page it landed on listed no properties. "Mostly" names the bed count and budget band most of those searches asked for; searches with no bed count or budget stated are counted but not described.

Budgets against asking prices

Searched budget vs asking rent price 67% below asking Typical budget ₦4.3M vs ₦13M asked · 18% of listings within the typical budget
Searched budget vs asking sale price 43% below asking Typical budget ₦173.4M vs ₦305M asked · 28% of listings within the typical budget
Budget gap, rent

Searchers furthest below asking, rentals

01
8% of listings within the typical budget
83% below asking
02
17% of listings within the typical budget
77% below asking
03
19% of listings within the typical budget
73% below asking
04
33% of listings within the typical budget
63% below asking
05
17% of listings within the typical budget
62% below asking
06
4% of listings within the typical budget
56% below asking
07
13% of listings within the typical budget
55% below asking
08
15% of listings within the typical budget
53% below asking
09
22% of listings within the typical budget
49% below asking
10
23% of listings within the typical budget
45% below asking
Budget gap, sale

Searchers furthest below asking, homes for sale

01
7% of listings within the typical budget
74% below asking
02
16% of listings within the typical budget
42% below asking
03
21% of listings within the typical budget
40% below asking
04
29% of listings within the typical budget
40% below asking
05
22% of listings within the typical budget
38% below asking
06
25% of listings within the typical budget
37% below asking
07
33% of listings within the typical budget
29% below asking
08
35% of listings within the typical budget
27% below asking
09
34% of listings within the typical budget
21% below asking
10
40% of listings within the typical budget
20% below asking
Budget gap, rent

Searchers above asking, rentals

01
55% of listings within the typical budget
20% above asking
02
58% of listings within the typical budget
16% above asking
03
52% of listings within the typical budget
5% above asking
Budget gap, sale

Searchers above asking, homes for sale

01
50% of listings within the typical budget
7% above asking

The typical budget is the median maximum price searchers stated, from at least 50 searches that stated one; the asking price is the median of the live listings. "Within budget" is the share of those listings priced at or under the typical budget.

Bedroom mismatch

Searched minus listed, share of each

Bedroom mismatch in Nigeria

Searched minus listed, share of each

Bedroom mismatch in Lagos

Searched minus listed, share of each

Bedroom mismatch in Abuja

Searched minus listed, share of each

Bedroom mismatch in Rivers

Searched minus listed, share of each

Bedroom mismatch in Oyo

Searched minus listed, share of each

Bedroom mismatch in Ogun

Searched minus listed, share of each

Bedroom mismatch in Delta

Each bar is the share of searches asking for that bed count minus the share of live listings offering it, in percentage points: to the right, more people want it than the market lists; to the left, the reverse. Searches with no bed count stated, and listings with no bedrooms recorded, are left out of both shares.

Where the enquiries go

Enquiries per 100 listings, rent 113 45,440 enquiries · 40,362 listings
Enquiries per 100 listings, sale 26 24,947 enquiries · 97,263 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
651 enquiries · 156 listings
417 enquiries per 100 listings
02
94 enquiries · 26 listings
362 enquiries per 100 listings
03
2,156 enquiries · 635 listings
340 enquiries per 100 listings
04
1,171 enquiries · 368 listings
318 enquiries per 100 listings
05
156 enquiries · 52 listings
300 enquiries per 100 listings
06
208 enquiries · 73 listings
285 enquiries per 100 listings
07
857 enquiries · 307 listings
279 enquiries per 100 listings
08
307 enquiries · 111 listings
277 enquiries per 100 listings
09
230 enquiries · 84 listings
274 enquiries per 100 listings
10
297 enquiries · 111 listings
268 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
286 enquiries · 269 listings
106 enquiries per 100 listings
02
671 enquiries · 644 listings
104 enquiries per 100 listings
03
250 enquiries · 249 listings
100 enquiries per 100 listings
04
76 enquiries · 82 listings
93 enquiries per 100 listings
05
174 enquiries · 203 listings
86 enquiries per 100 listings
06
228 enquiries · 268 listings
85 enquiries per 100 listings
07
17 enquiries · 20 listings
85 enquiries per 100 listings
08
102 enquiries · 174 listings
59 enquiries per 100 listings
09
98 enquiries · 168 listings
58 enquiries per 100 listings
10
141 enquiries · 243 listings
58 enquiries per 100 listings

Enquiries are contacts made through the site, counted once per person, listing, channel and day, over the 28 days before the latest scoring night (20 Sep 2026), divided by the listings live on 20 Sep 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 12.3% of searches 15.9% of live rent listings
Serviced rentals: searched vs listed 19.9% of searches 39.0% of live rent listings

The share of rent searches that asked for a furnished or serviced home, against the share of live rent listings that offer one.

What the data says

Three things shaping demand right now

Alimosho is the tightest rental market

16.0 searches for every live rent listing, against 2.7 nationally.

77.9% of sale searches in Bwari found nothing

102 of 131 searches landed on an empty page — mostly 2 bedroom · ₦50M to ₦70M.

Rent budgets in Amuwo Odofin sit 83% below asking

Searchers typically set a maximum of ₦2.5M against a median asking price of ₦15M; 8% of listings within the typical budget.

Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Nigeria?

Alimosho recorded 16.0 searches for every live rent listing between 17 Sep to 20 Sep 2026, the highest of any locality with at least 100 searches and 20 listings.

How often do rent searches in Nigeria find nothing?

50.7% of the 109,265 rent searches recorded between 17 Sep to 20 Sep 2026 returned no listings; mostly 5+ bedroom · ₦2M to ₦3M.

How do rent budgets compare with asking prices in Nigeria?

The typical maximum price searchers stated was ₦4.3M, 67% below asking the median asking price of ₦13M; 18% of listings within the typical budget.

How often do sale searches in Nigeria find nothing?

45.0% of the 70,766 sale searches recorded between 17 Sep to 20 Sep 2026 returned no listings; mostly 5+ bedroom · ₦100M to ₦150M.

How do sale budgets compare with asking prices in Nigeria?

The typical maximum price searchers stated was ₦173.4M, 43% below asking the median asking price of ₦305M; 28% of listings within the typical budget.

How is this report measured?

Demand is every property search run in a browser on Nigeria Property Centre between 17 Sep to 20 Sep 2026, counted once per search per visit, with searches by reference number left out; searches began being recorded this way on 17 September 2026 and nothing earlier is used. Supply is the listings live at the end of that period that were published, priced as a whole property in NGN and at or above the same price floor the quarterly market report applies. An area is published only with at least 100 searches and 20 live listings; a typical budget needs at least 50 searches that stated one. Figures are refreshed nightly.

About this report

How we measure demand against supply.

Demand is every property search run in a browser on Nigeria Property Centre between 17 Sep to 20 Sep 2026, counted once per search per visit, with searches by reference number left out; searches began being recorded this way on 17 September 2026 and nothing earlier is used. Supply is the listings live at the end of that period that were published, priced as a whole property in NGN and at or above the same price floor the quarterly market report applies. An area is published only with at least 100 searches and 20 live listings; a typical budget needs at least 50 searches that stated one. Figures are refreshed nightly.

No individual search or searcher is published; every figure is a count or a share over an area. Enquiries are counted the way the quarterly market report counts them — once per person, listing, channel and day.