Land prices in Ibadan North West LGA, Oyo

Ibadan North West is a metro core local government area of Oyo (29 km², 65 mapped places). Residential land has a median of ₦36,000 per m² (a 600 m² plot about ₦21.6m), from about ₦19,400 per m² in its villages to ₦106,000 in its most valuable neighbourhoods. Backed by 97 listings in or near the LGA.

See Ibadan North West on the satellite map, with postcodes Ask us on WhatsApp

Land, building and rental values

Typical 600 m² plot	₦21.6m	residential
Land: residential	₦36,000	per m²
Land: commercial	₦62,100	per m²
Land: industrial	₦40,600	per m²
Building: 2-bed flat	₦55m	asking price
Building: 3-bed flat	₦63.3m	asking price
Building: 4-bed house	₦102m	asking price
Building: 5-bed house	₦139m	asking price
Rent: 1-bed / mini flat	₦779,000	per year
Rent: 2-bed flat	₦1.4m	per year
Rent: 3-bed flat	₦2.4m	per year
Rent: 4-bed house	₦4.6m	per year
Rent: shop or office	₦7,510	per m² per year

Economic zones

Zone	Places	Residential ₦/m²	Commercial ₦/m²	Farmland ₦/ha	Rent 3-bed
High-income	7	₦106,000	₦143,000	–	₦3.8m
Middle-income	21	₦97,900	₦135,000	–	₦3.7m
Lower-income	43	₦30,800	₦49,500	–	₦2.1m

Urban parts of the LGA average ₦36,200 per m²; villages and rural land ₦25,400 per m².

Towns, districts and estates in Ibadan North West

Railway Quarters gated area, ₦91,000/m² Ajumose Gra gated area, ₦64,000/m² Letmauck Cantonment Nigerian Army Area gated area, ₦55,000/m² Harmony Estate gated estate, ₦35,000/m² Emmanuel Estate gated estate, ₦30,000/m² Mercyland Estate gated estate, ₦24,000/m² Unity Layout area, ₦17,000/m²

Questions people ask

How much is a plot of land in Ibadan North West LGA, Oyo?

A typical 600 m² residential plot in Ibadan North West LGA, Oyo is about ₦21.6m (around ₦36,000 per m²) in asking prices as of October 2026. Commercial land is about ₦62,100 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ibadan North West LGA, Oyo?

About ₦2.4m a year for a 3-bedroom flat, ₦1.4m for a 2-bedroom flat and ₦779,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ibadan North West LGA, Oyo?

Asking prices for a 4-bedroom house in Ibadan North West LGA, Oyo are around ₦102m; a 3-bedroom flat around ₦63.3m (October 2026).