Land prices in Iwo LGA, Osun
Iwo is a urban local government area of Osun (213 km², 308 mapped places). Residential land has a median of ₦4,850 per m² (a 600 m² plot about ₦2.9m), from about ₦2,910 per m² in its villages to ₦4,850 in its most valuable neighbourhoods. There are no listings in the LGA, so these values are modelled from its surroundings.
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| Typical 600 m² plot | ₦2.9m | residential |
| Land: residential | ₦4,850 | per m² |
| Land: commercial | ₦11,200 | per m² |
| Land: industrial | ₦9,700 | per m² |
| Land: farmland | ₦5.5m | per hectare |
| Building: 2-bed flat | ₦20.3m | asking price |
| Building: 3-bed flat | ₦23.3m | asking price |
| Building: 4-bed house | ₦35m | asking price |
| Building: 5-bed house | ₦52.4m | asking price |
| Rent: 1-bed / mini flat | ₦357,000 | per year |
| Rent: 2-bed flat | ₦651,000 | per year |
| Rent: 3-bed flat | ₦871,000 | per year |
| Rent: 4-bed house | ₦2m | per year |
| Rent: shop or office | ₦3,530 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Small town | 141 | ₦4,850 | ₦11,200 | ₦7.1m | ₦871,000 |
| Village | 149 | ₦2,910 | ₦7,450 | ₦5.6m | ₦706,000 |
| Remote / farmland | 19 | ₦2,910 | ₦7,450 | ₦5.6m | ₦706,000 |
Urban parts of the LGA average ₦4,850 per m²; villages and rural land ₦2,910 per m².
Towns, districts and estates in Iwo
Questions people ask
How much is a plot of land in Iwo LGA, Osun?
A typical 600 m² residential plot in Iwo LGA, Osun is about ₦2.9m (around ₦4,850 per m²) in asking prices as of October 2026. Commercial land is about ₦11,200 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Iwo LGA, Osun?
About ₦871,000 a year for a 3-bedroom flat, ₦651,000 for a 2-bedroom flat and ₦357,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Iwo LGA, Osun?
Asking prices for a 4-bedroom house in Iwo LGA, Osun are around ₦35m; a 3-bedroom flat around ₦23.3m (October 2026).
What is the price of farmland in Iwo LGA, Osun?
Farmland in Iwo LGA, Osun is about ₦5.5m per hectare (October 2026).