Land prices in Ibadan South West LGA, Oyo
Ibadan South West is a metro core local government area of Oyo (24 km², 47 mapped places). Residential land has a median of ₦73,400 per m² (a 600 m² plot about ₦44m), from about ₦34,600 per m² in its villages to ₦99,800 in its most valuable neighbourhoods. Backed by 154 listings in or near the LGA.
See Ibadan South West on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦44m | residential |
| Land: residential | ₦73,400 | per m² |
| Land: commercial | ₦110,000 | per m² |
| Land: industrial | ₦69,700 | per m² |
| Building: 2-bed flat | ₦68m | asking price |
| Building: 3-bed flat | ₦78.2m | asking price |
| Building: 4-bed house | ₦137m | asking price |
| Building: 5-bed house | ₦224m | asking price |
| Rent: 1-bed / mini flat | ₦1m | per year |
| Rent: 2-bed flat | ₦2.1m | per year |
| Rent: 3-bed flat | ₦3.2m | per year |
| Rent: 4-bed house | ₦6m | per year |
| Rent: shop or office | ₦10,100 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Middle-income | 34 | ₦80,800 | ₦116,000 | – | ₦3.3m |
| Lower-income | 16 | ₦47,600 | ₦75,700 | – | ₦2.6m |
Urban parts of the LGA average ₦73,400 per m²; villages and rural land ₦45,300 per m².
Towns, districts and estates in Ibadan South West
Questions people ask
How much is a plot of land in Ibadan South West LGA, Oyo?
A typical 600 m² residential plot in Ibadan South West LGA, Oyo is about ₦44m (around ₦73,400 per m²) in asking prices as of October 2026. Commercial land is about ₦110,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ibadan South West LGA, Oyo?
About ₦3.2m a year for a 3-bedroom flat, ₦2.1m for a 2-bedroom flat and ₦1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ibadan South West LGA, Oyo?
Asking prices for a 4-bedroom house in Ibadan South West LGA, Oyo are around ₦137m; a 3-bedroom flat around ₦78.2m (October 2026).