Land prices in Mercyland Estate, Oyo
Mercyland Estate is a gated estate in Eleyele, Unity Layout, Ibadan North West LGA, Oyo, in the lower-income zone. Residential land is about ₦24,000 per m², so a typical 600 m² plot is about ₦14.4m.
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| Typical 600 m² plot | ₦14.4m | residential |
| Land: residential | ₦24,000 | per m² |
| Land: commercial | ₦41,400 | per m² |
| Land: industrial | ₦30,568 | per m² |
| Building: 2-bed flat | ₦47.4m | asking price |
| Building: 3-bed flat | ₦54.5m | asking price |
| Building: 4-bed house | ₦86.5m | asking price |
| Building: 5-bed house | ₦112.9m | asking price |
| Rent: 1-bed / mini flat | ₦663,894 | per year |
| Rent: 2-bed flat | ₦1.2m | per year |
| Rent: 3-bed flat | ₦2m | per year |
| Rent: 4-bed house | ₦3.9m | per year |
| Rent: shop or office | ₦5,007 | per m² per year |
Ibadan North West LGA as a whole: ₦36,000 per m² median. Coordinates 7.41530, 3.87360.
Questions people ask
How much is a plot of land in Mercyland Estate, Oyo?
A typical 600 m² residential plot in Mercyland Estate, Oyo is about ₦14.4m (around ₦24,000 per m²) in asking prices as of October 2026. Commercial land is about ₦41,400 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Mercyland Estate, Oyo?
About ₦2m a year for a 3-bedroom flat, ₦1.2m for a 2-bedroom flat and ₦663,894 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Mercyland Estate, Oyo?
Asking prices for a 4-bedroom house in Mercyland Estate, Oyo are around ₦86.5m; a 3-bedroom flat around ₦54.5m (October 2026).