Land prices in Iwajowa LGA, Oyo
Iwajowa is a peri-urban local government area of Oyo (2,542 km², 562 mapped places). Residential land has a median of ₦1,430 per m² (a 600 m² plot about ₦858,000), from about ₦838 per m² in its villages to ₦4,370 in its most valuable neighbourhoods. Backed by 4 listings in or near the LGA.
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| Typical 600 m² plot | ₦858,000 | residential |
| Land: residential | ₦1,430 | per m² |
| Land: commercial | ₦3,080 | per m² |
| Land: industrial | ₦2,860 | per m² |
| Land: farmland | ₦6.1m | per hectare |
| Building: 2-bed flat | ₦14.4m | asking price |
| Building: 3-bed flat | ₦16.6m | asking price |
| Building: 4-bed house | ₦23.8m | asking price |
| Building: 5-bed house | ₦27.3m | asking price |
| Rent: 1-bed / mini flat | ₦205,000 | per year |
| Rent: 2-bed flat | ₦387,000 | per year |
| Rent: 3-bed flat | ₦570,000 | per year |
| Rent: 4-bed house | ₦1.4m | per year |
| Rent: shop or office | ₦2,110 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Small town | 4 | ₦3,810 | ₦6,690 | ₦19m | ₦851,000 |
| Village | 227 | ₦1,810 | ₦3,700 | ₦9m | ₦627,000 |
| Remote / farmland | 331 | ₦1,050 | ₦2,410 | ₦5.3m | ₦503,000 |
Urban parts of the LGA average ₦4,370 per m²; villages and rural land ₦1,230 per m².
Towns, districts and estates in Iwajowa
Questions people ask
How much is a plot of land in Iwajowa LGA, Oyo?
A typical 600 m² residential plot in Iwajowa LGA, Oyo is about ₦858,000 (around ₦1,430 per m²) in asking prices as of October 2026. Commercial land is about ₦3,080 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Iwajowa LGA, Oyo?
About ₦570,000 a year for a 3-bedroom flat, ₦387,000 for a 2-bedroom flat and ₦205,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Iwajowa LGA, Oyo?
Asking prices for a 4-bedroom house in Iwajowa LGA, Oyo are around ₦23.8m; a 3-bedroom flat around ₦16.6m (October 2026).
What is the price of farmland in Iwajowa LGA, Oyo?
Farmland in Iwajowa LGA, Oyo is about ₦6.1m per hectare (October 2026).