Buildocrat Land Value Book

Land prices in Ikole LGA, Ekiti

Ikole is a peri-urban local government area of Ekiti (1,040 km², 287 mapped places). Residential land has a median of ₦1,230 per m² (a 600 m² plot about ₦738,000), from about ₦1,060 per m² in its villages to ₦2,130 in its most valuable neighbourhoods. Backed by 1 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦738,000residential
Land: residential₦1,230per m²
Land: commercial₦2,640per m²
Land: industrial₦2,460per m²
Land: farmland₦5.4mper hectare
Building: 2-bed flat₦14.5masking price
Building: 3-bed flat₦16.8masking price
Building: 4-bed house₦27.9masking price
Building: 5-bed house₦32.1masking price
Rent: 1-bed / mini flat₦190,000per year
Rent: 2-bed flat₦408,000per year
Rent: 3-bed flat₦612,000per year
Rent: 4-bed house₦1.6mper year
Rent: shop or office₦2,490per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Small town35₦2,120₦4,090₦7.2m₦765,000
Village175₦1,230₦2,640₦5.4m₦612,000
Remote / farmland77₦1,150₦2,510₦5.2m₦596,000

Urban parts of the LGA average ₦2,110 per m²; villages and rural land ₦1,230 per m².

Towns, districts and estates in Ikole

Questions people ask

How much is a plot of land in Ikole LGA, Ekiti?

A typical 600 m² residential plot in Ikole LGA, Ekiti is about ₦738,000 (around ₦1,230 per m²) in asking prices as of October 2026. Commercial land is about ₦2,640 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ikole LGA, Ekiti?

About ₦612,000 a year for a 3-bedroom flat, ₦408,000 for a 2-bedroom flat and ₦190,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ikole LGA, Ekiti?

Asking prices for a 4-bedroom house in Ikole LGA, Ekiti are around ₦27.9m; a 3-bedroom flat around ₦16.8m (October 2026).

What is the price of farmland in Ikole LGA, Ekiti?

Farmland in Ikole LGA, Ekiti is about ₦5.4m per hectare (October 2026).

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