Land prices in Ibadan North LGA, Oyo

Ibadan North is a metro core local government area of Oyo (39 km², 63 mapped places). Residential land has a median of ₦136,000 per m² (a 600 m² plot about ₦81.6m), from about ₦71,500 per m² in its villages to ₦238,000 in its most valuable neighbourhoods. Backed by 114 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot	₦81.6m	residential
Land: residential	₦136,000	per m²
Land: commercial	₦165,000	per m²
Land: industrial	₦115,000	per m²
Building: 2-bed flat	₦86.4m	asking price
Building: 3-bed flat	₦99.4m	asking price
Building: 4-bed house	₦195m	asking price
Building: 5-bed house	₦224m	asking price
Rent: 1-bed / mini flat	₦1.1m	per year
Rent: 2-bed flat	₦2.6m	per year
Rent: 3-bed flat	₦4.3m	per year
Rent: 4-bed house	₦7.6m	per year
Rent: shop or office	₦11,000	per m² per year

Economic zones

Zone	Places	Residential ₦/m²	Commercial ₦/m²	Farmland ₦/ha	Rent 3-bed
Prime	10	₦224,000	₦245,000	–	₦5.2m
High-income	42	₦142,000	₦169,000	–	₦4.4m
Middle-income	12	₦93,300	₦127,000	–	₦3.6m
Lower-income	5	₦39,700	₦65,000	–	₦2.5m

Urban parts of the LGA average ₦137,000 per m²; villages and rural land ₦55,300 per m².

Towns, districts and estates in Ibadan North

Housing gated estate, ₦220,000/m² Salami Estate gated estate, ₦190,000/m² Ikolaba Estate gated estate, ₦180,000/m² Agodi Gra gated area, ₦160,000/m² Total Garden gated estate, ₦150,000/m² Jesus Estate gated estate, ₦140,000/m²

Questions people ask

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

A typical 600 m² residential plot in Ibadan North LGA, Oyo is about ₦81.6m (around ₦136,000 per m²) in asking prices as of October 2026. Commercial land is about ₦165,000 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦4.3m a year for a 3-bedroom flat, ₦2.6m 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 LGA, Oyo?

Asking prices for a 4-bedroom house in Ibadan North LGA, Oyo are around ₦195m; a 3-bedroom flat around ₦99.4m (October 2026).