Buildocrat Land Value Book

Land prices in Imo State, October 2026

Residential land in Owerri is about ₦21,100 per m² (a 600 m² plot about ₦12.7m); rural land across Imo about ₦3,120 per m². Values for all 27 local government areas below, from 538 listings in the state and a spatial model. NIPOST postcodes in Imo start IM.

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Owerri: land, building and rental values

Land: residential₦21,100per m²
Land: commercial₦21,900per m²
Land: industrial₦43,900per m²
Land: farmland₦12.4mper hectare
Building: 2-bed flat₦67.2masking price
Building: 3-bed flat₦77masking price
Building: 4-bed house₦102masking price
Building: 5-bed house₦122masking price
Rent: 1-bed / mini flat₦540,000per year
Rent: 2-bed flat₦980,000per year
Rent: 3-bed flat₦1.2mper year
Rent: 4-bed house₦5.4mper year
Rent: shop or office₦8,120per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
High-income103₦26,100₦26,100–₦1.3m
Middle-income120₦18,500₦20,000–₦1.2m
Lower-income178₦13,500₦15,900–₦1.1m
Small town924₦5,200₦7,850₦16.4m₦850,000
Village2,173₦3,120₦5,230₦12.4m₦690,000
Remote / farmland269₦3,120₦5,230₦12.4m₦690,000

Every LGA in Imo

LGASettingLand ₦/m²Farmland ₦/haRent 3-bed
Owerri MunicipalMetro core₦25,700–₦1.3m
Owerri NorthUrban₦18,900₦17m₦1.3m
Owerri WestUrban₦15,300₦13.3m₦1.2m
NkwerreMetro core₦5,200–₦850,000
MbatoliUrban₦5,200₦12.5m₦837,000
Ideato NorthUrban₦5,200₦12.4m₦850,000
NjabaUrban₦5,200₦12.5m₦850,000
OgutaUrban₦5,200₦12.4m₦850,000
Oru WestUrban₦5,200₦12.4m₦850,000
Oru EastUrban₦5,200₦12.4m₦850,000
IsuMetro core₦5,200–₦850,000
OrluMetro core₦3,280–₦705,000
OkigweUrban₦3,190₦11.5m₦697,000
Ideato SouthUrban₦3,180₦12.4m₦695,000
Ahiazu-MbaiseMetro core₦3,120–₦690,000
Ehime-MbanoUrban₦3,120₦12.4m₦690,000
Aboh-MbaiseUrban₦3,120₦12.4m₦690,000
NwangeleUrban₦3,120₦12.4m₦690,000
OnuimoPeri-urban₦3,120₦11.6m₦690,000
Ngor-OkpalaRural₦3,120₦12.4m₦690,000
OrsuUrban₦3,120₦12.4m₦690,000
Ohaji/EgbemaRural₦3,120₦12.4m₦690,000
Isiala MbanoMetro core₦3,120–₦690,000
ObowoMetro core₦3,120–₦690,000
EzinihitteUrban₦3,120₦12.4m₦690,000
IkeduruUrban₦3,120₦12.5m₦689,000
Ihitte/UbomaUrban₦3,120₦12.5m₦690,000

Most valuable towns, districts and estates

Owerri ₦31,000/m²Akachi Pocket Layout ₦27,000/m²Area E ₦26,000/m²Area B ₦26,000/m²Umuguma ₦26,000/m²Premium Garden Estate ₦25,000/m²Area old D ₦25,000/m²Area D ₦25,000/m²World Bank Housing Estate ₦25,000/m²Gra Works ₦25,000/m²Federal Housing Estate ₦25,000/m²Works Layout ₦25,000/m²Naze ₦24,000/m²Area B ₦24,000/m²Area A World Bank ₦24,000/m²Imo Housing Estate ₦24,000/m²Area L World Bank Housing Estate ₦24,000/m²Area A ₦24,000/m²Area L ₦24,000/m²Rapour Estate ₦24,000/m²Area H ₦23,000/m²Federal Housing Area ₦23,000/m²Area M ₦23,000/m²Area M World Bank Housing Estate ₦22,000/m²Federal Housing Estate Umuguma ₦22,000/m²Area Xa ₦22,000/m²Area S ₦22,000/m²Area N World Bank Housing Estate ₦22,000/m²Federal Housing Estate New Owerri ₦22,000/m²Lower Extenstion Federal Housing Estate ₦22,000/m²

Questions people ask

How much is a plot of land in Owerri, Imo?

A typical 600 m² residential plot in Owerri, Imo is about ₦12.7m (around ₦21,100 per m²) in asking prices as of October 2026. Commercial land is about ₦21,900 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Owerri, Imo?

About ₦1.2m a year for a 3-bedroom flat, ₦980,000 for a 2-bedroom flat and ₦540,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Owerri, Imo?

Asking prices for a 4-bedroom house in Owerri, Imo are around ₦102m; a 3-bedroom flat around ₦77m (October 2026).

What is the price of farmland in Owerri, Imo?

Farmland in Owerri, Imo is about ₦12.4m per hectare (October 2026).

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