Land prices in Owo LGA, Ondo
Owo is a peri-urban local government area of Ondo (1,031 km², 408 mapped places). Residential land has a median of ₦2,780 per m² (a 600 m² plot about ₦1.7m), from about ₦1,940 per m² in its villages to ₦4,090 in its most valuable neighbourhoods. Backed by 1 listings in or near the LGA.
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| Typical 600 m² plot | ₦1.7m | residential |
| Land: residential | ₦2,780 | per m² |
| Land: commercial | ₦8,820 | per m² |
| Land: industrial | ₦5,560 | per m² |
| Land: farmland | ₦11.5m | per hectare |
| Building: 2-bed flat | ₦20.6m | asking price |
| Building: 3-bed flat | ₦23.7m | asking price |
| Building: 4-bed house | ₦30.4m | asking price |
| Building: 5-bed house | ₦34.9m | asking price |
| Rent: 1-bed / mini flat | ₦301,000 | per year |
| Rent: 2-bed flat | ₦483,000 | per year |
| Rent: 3-bed flat | ₦790,000 | per year |
| Rent: 4-bed house | ₦2m | per year |
| Rent: shop or office | ₦2,890 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Lower-income | 28 | ₦4,230 | ₦12,300 | – | ₦937,000 |
| Village | 314 | ₦2,640 | ₦8,480 | ₦11.5m | ₦774,000 |
| Remote / farmland | 64 | ₦2,550 | ₦8,240 | ₦11.3m | ₦762,000 |
Urban parts of the LGA average ₦3,290 per m²; villages and rural land ₦2,640 per m².
Towns, districts and estates in Owo
Questions people ask
How much is a plot of land in Owo LGA, Ondo?
A typical 600 m² residential plot in Owo LGA, Ondo is about ₦1.7m (around ₦2,780 per m²) in asking prices as of October 2026. Commercial land is about ₦8,820 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Owo LGA, Ondo?
About ₦790,000 a year for a 3-bedroom flat, ₦483,000 for a 2-bedroom flat and ₦301,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Owo LGA, Ondo?
Asking prices for a 4-bedroom house in Owo LGA, Ondo are around ₦30.4m; a 3-bedroom flat around ₦23.7m (October 2026).
What is the price of farmland in Owo LGA, Ondo?
Farmland in Owo LGA, Ondo is about ₦11.5m per hectare (October 2026).