Buildocrat Land Value Book

Land prices in Kosofe LGA, Lagos

Kosofe is a metro core local government area of Lagos (61 km², 71 mapped places). Residential land has a median of ₦242,000 per m² (a 600 m² plot about ₦145.2m), from about ₦68,400 per m² in its villages to ₦625,000 in its most valuable neighbourhoods. Backed by 345 listings in or near the LGA.

See Kosofe on the satellite map, with postcodesAsk us on WhatsApp

Land, building and rental values

Typical 600 m² plot₦145.2mresidential
Land: residential₦242,000per m²
Land: commercial₦333,000per m²
Land: industrial₦323,000per m²
Building: 2-bed flat₦105masking price
Building: 3-bed flat₦167masking price
Building: 4-bed house₦277masking price
Building: 5-bed house₦373masking price
Rent: 1-bed / mini flat₦1.7mper year
Rent: 2-bed flat₦3.3mper year
Rent: 3-bed flat₦5mper year
Rent: 4-bed house₦13.2mper year
Rent: shop or office₦32,000per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Prime7₦1.1m₦1.1m–₦9m
High-income13₦449,000₦540,000–₦6.5m
Middle-income50₦245,000₦340,000–₦5.1m
Lower-income16₦122,000₦194,000–₦3.9m

Urban parts of the LGA average ₦249,000 per m²; villages and rural land ₦153,000 per m².

Towns, districts and estates in Kosofe

Gbagada town, ₦310,000/m²Ketu town, ₦230,000/m²Mile 12 town, ₦63,000/m²Magodo Phase 2 district, ₦1.1m/m²Magodo Brooks Estate gated estate, ₦1.1m/m²Brooks Estate gated estate, ₦1.1m/m²UNILAG Estate gated estate, ₦1.1m/m²Brook Estate gated estate, ₦1.1m/m²Millennium Estate gated estate, ₦460,000/m²Millennium Estates gated estate, ₦450,000/m²Olowoira district, ₦450,000/m²Magodo Gra gated area, ₦410,000/m²Otedola Jubilee Estate gated estate, ₦380,000/m²Ojota district, ₦360,000/m²Oworonṣoki district, ₦350,000/m²Unilag Estate Magodo gated estate, ₦350,000/m²Greenwich Garden gated estate, ₦340,000/m²Ogudu GRA Estate gated estate, ₦330,000/m²Power Line Estate gated estate, ₦330,000/m²Medina Estate gated estate, ₦320,000/m²Mende district, ₦310,000/m²Greenwich Gardens gated estate, ₦310,000/m²Magodo Gatehouse Zone Isheri Gra gated area, ₦300,000/m²Anthony district, ₦290,000/m²Ifako district, ₦260,000/m²Orisigun district, ₦250,000/m²Ogudu district, ₦240,000/m²Oruba district, ₦180,000/m²Kosofe district, ₦170,000/m²Agboyi district, ₦140,000/m²

Questions people ask

How much is a plot of land in Kosofe LGA, Lagos?

A typical 600 m² residential plot in Kosofe LGA, Lagos is about ₦145.2m (around ₦242,000 per m²) in asking prices as of October 2026. Commercial land is about ₦333,000 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Kosofe LGA, Lagos?

About ₦5m a year for a 3-bedroom flat, ₦3.3m for a 2-bedroom flat and ₦1.7m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Kosofe LGA, Lagos?

Asking prices for a 4-bedroom house in Kosofe LGA, Lagos are around ₦277m; a 3-bedroom flat around ₦167m (October 2026).

Chat on WhatsApp