Land prices in Ibadan North East LGA, Oyo
Ibadan North East is a metro core local government area of Oyo (19 km², 81 mapped places). Residential land has a median of ₦121,000 per m² (a 600 m² plot about ₦72.6m), from about ₦89,200 per m² in its villages to ₦157,000 in its most valuable neighbourhoods. Backed by 106 listings in or near the LGA.
See Ibadan North East on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦72.6m | residential |
| Land: residential | ₦121,000 | per m² |
| Land: commercial | ₦138,000 | per m² |
| Land: industrial | ₦103,000 | per m² |
| Building: 2-bed flat | ₦79.5m | asking price |
| Building: 3-bed flat | ₦91.5m | asking price |
| Building: 4-bed house | ₦190m | asking price |
| Building: 5-bed house | ₦218m | asking price |
| Rent: 1-bed / mini flat | ₦1.1m | per year |
| Rent: 2-bed flat | ₦2.5m | per year |
| Rent: 3-bed flat | ₦4m | per year |
| Rent: 4-bed house | ₦8m | per year |
| Rent: shop or office | ₦11,100 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| High-income | 69 | ₦128,000 | ₦147,000 | – | ₦4.1m |
| Middle-income | 12 | ₦96,400 | ₦108,000 | – | ₦3.5m |
Urban parts of the LGA average ₦121,000 per m²; villages and rural land ₦107,000 per m².
Towns, districts and estates in Ibadan North East
Questions people ask
How much is a plot of land in Ibadan North East LGA, Oyo?
A typical 600 m² residential plot in Ibadan North East LGA, Oyo is about ₦72.6m (around ₦121,000 per m²) in asking prices as of October 2026. Commercial land is about ₦138,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ibadan North East LGA, Oyo?
About ₦4m a year for a 3-bedroom flat, ₦2.5m for a 2-bedroom flat and ₦1.1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ibadan North East LGA, Oyo?
Asking prices for a 4-bedroom house in Ibadan North East LGA, Oyo are around ₦190m; a 3-bedroom flat around ₦91.5m (October 2026).