Land prices in Ibarapa North LGA, Oyo
Ibarapa North is a rural local government area of Oyo (1,270 km², 297 mapped places). Residential land has a median of ₦1,720 per m² (a 600 m² plot about ₦1m), from about ₦1,160 per m² in its villages to ₦2,950 in its most valuable neighbourhoods. There are no listings in the LGA, so these values are modelled from its surroundings.
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| Typical 600 m² plot | ₦1m | residential |
| Land: residential | ₦1,720 | per m² |
| Land: commercial | ₦3,570 | per m² |
| Land: industrial | ₦3,450 | per m² |
| Land: farmland | ₦8.5m | per hectare |
| Building: 2-bed flat | ₦15.4m | asking price |
| Building: 3-bed flat | ₦17.8m | asking price |
| Building: 4-bed house | ₦25.6m | asking price |
| Building: 5-bed house | ₦29.5m | asking price |
| Rent: 1-bed / mini flat | ₦221,000 | per year |
| Rent: 2-bed flat | ₦417,000 | per year |
| Rent: 3-bed flat | ₦615,000 | per year |
| Rent: 4-bed house | ₦1.5m | per year |
| Rent: shop or office | ₦2,280 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 30 | ₦2,740 | ₦5,150 | ₦13.7m | ₦744,000 |
| Remote / farmland | 267 | ₦1,640 | ₦3,420 | ₦8.2m | ₦602,000 |
Urban parts of the LGA average ₦5,030 per m²; villages and rural land ₦1,700 per m².
Questions people ask
How much is a plot of land in Ibarapa North LGA, Oyo?
A typical 600 m² residential plot in Ibarapa North LGA, Oyo is about ₦1m (around ₦1,720 per m²) in asking prices as of October 2026. Commercial land is about ₦3,570 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ibarapa North LGA, Oyo?
About ₦615,000 a year for a 3-bedroom flat, ₦417,000 for a 2-bedroom flat and ₦221,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ibarapa North LGA, Oyo?
Asking prices for a 4-bedroom house in Ibarapa North LGA, Oyo are around ₦25.6m; a 3-bedroom flat around ₦17.8m (October 2026).
What is the price of farmland in Ibarapa North LGA, Oyo?
Farmland in Ibarapa North LGA, Oyo is about ₦8.5m per hectare (October 2026).