Land prices in Federal Housing Estate New Owerri, Imo
Federal Housing Estate New Owerri is a gated estate in Area S, Umuguma, Owerri Municipal LGA, Imo, in the middle-income zone. Residential land is about ₦22,000 per m², so a typical 600 m² plot is about ₦13.2m.
See Federal Housing Estate New Owerri on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦13.2m | residential |
| Land: residential | ₦22,000 | per m² |
| Land: commercial | ₦22,000 | per m² |
| Land: industrial | ₦46,101 | per m² |
| Building: 2-bed flat | ₦68.3m | asking price |
| Building: 3-bed flat | ₦78.5m | asking price |
| Building: 4-bed house | ₦104.2m | asking price |
| Building: 5-bed house | ₦124.6m | asking price |
| Rent: 1-bed / mini flat | ₦549,277 | per year |
| Rent: 2-bed flat | ₦994,821 | per year |
| Rent: 3-bed flat | ₦1.2m | per year |
| Rent: 4-bed house | ₦5.5m | per year |
| Rent: shop or office | ₦7,550 | per m² per year |
Owerri Municipal LGA as a whole: ₦25,700 per m² median. Coordinates 5.48200, 6.99640.
Questions people ask
How much is a plot of land in Federal Housing Estate New Owerri, Imo?
A typical 600 m² residential plot in Federal Housing Estate New Owerri, Imo is about ₦13.2m (around ₦22,000 per m²) in asking prices as of October 2026. Commercial land is about ₦22,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Federal Housing Estate New Owerri, Imo?
About ₦1.2m a year for a 3-bedroom flat, ₦994,821 for a 2-bedroom flat and ₦549,277 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Federal Housing Estate New Owerri, Imo?
Asking prices for a 4-bedroom house in Federal Housing Estate New Owerri, Imo are around ₦104.2m; a 3-bedroom flat around ₦78.5m (October 2026).