Buildocrat Land Value Book

Land prices in Umuguma, Imo

Umuguma is a town in Owerri West LGA, Imo, in the high-income zone. Residential land is about ₦26,000 per m², so a typical 600 m² plot is about ₦15.6m.

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Land, building and rental values

Typical 600 m² plot₦15.6mresidential
Land: residential₦26,000per m²
Land: commercial₦30,248per m²
Land: industrial₦44,353per m²
Building: 2-bed flat₦61.1masking price
Building: 3-bed flat₦71masking price
Building: 4-bed house₦113.3masking price
Building: 5-bed house₦137.8masking price
Rent: 1-bed / mini flat₦623,675per year
Rent: 2-bed flat₦1.2mper year
Rent: 3-bed flat₦1.5mper year
Rent: 4-bed house₦6.6mper year
Rent: shop or office₦12,065per m² per year

Owerri West LGA as a whole: ₦15,300 per m² median. Coordinates 5.47780, 6.97980.

Questions people ask

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

A typical 600 m² residential plot in Umuguma, Imo is about ₦15.6m (around ₦26,000 per m²) in asking prices as of October 2026. Commercial land is about ₦30,248 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦1.5m a year for a 3-bedroom flat, ₦1.2m for a 2-bedroom flat and ₦623,675 for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Umuguma, Imo are around ₦113.3m; a 3-bedroom flat around ₦71m (October 2026).

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