Land prices in Irete, Imo
Irete is a town in Owerri Municipal LGA, Imo, in the middle-income zone. Residential land is about ₦20,000 per m², so a typical 600 m² plot is about ₦12m.
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| Typical 600 m² plot | ₦12m | residential |
| Land: residential | ₦20,000 | per m² |
| Land: commercial | ₦20,000 | per m² |
| Land: industrial | ₦43,125 | per m² |
| Building: 2-bed flat | ₦65.9m | asking price |
| Building: 3-bed flat | ₦75.8m | asking price |
| Building: 4-bed house | ₦100.2m | asking price |
| Building: 5-bed house | ₦118.7m | asking price |
| Rent: 1-bed / mini flat | ₦529,016 | per year |
| Rent: 2-bed flat | ₦956,856 | per year |
| Rent: 3-bed flat | ₦1.2m | per year |
| Rent: 4-bed house | ₦5.3m | per year |
| Rent: shop or office | ₦6,864 | per m² per year |
Owerri Municipal LGA as a whole: ₦25,700 per m² median. Coordinates 5.50980, 6.99850.
Questions people ask
How much is a plot of land in Irete, Imo?
A typical 600 m² residential plot in Irete, Imo is about ₦12m (around ₦20,000 per m²) in asking prices as of October 2026. Commercial land is about ₦20,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Irete, Imo?
About ₦1.2m a year for a 3-bedroom flat, ₦956,856 for a 2-bedroom flat and ₦529,016 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Irete, Imo?
Asking prices for a 4-bedroom house in Irete, Imo are around ₦100.2m; a 3-bedroom flat around ₦75.8m (October 2026).