Buildocrat Land Value Book

Land prices in Lagelu LGA, Oyo

Lagelu is a urban local government area of Oyo (399 km², 454 mapped places). Residential land has a median of ₦18,300 per m² (a 600 m² plot about ₦11m), from about ₦4,040 per m² in its villages to ₦125,000 in its most valuable neighbourhoods. Backed by 126 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦11mresidential
Land: residential₦18,300per m²
Land: commercial₦22,100per m²
Land: industrial₦23,300per m²
Land: farmland₦31.9mper hectare
Building: 2-bed flat₦35.5masking price
Building: 3-bed flat₦46.6masking price
Building: 4-bed house₦68.3masking price
Building: 5-bed house₦83.9masking price
Rent: 1-bed / mini flat₦559,000per year
Rent: 2-bed flat₦973,000per year
Rent: 3-bed flat₦1.9mper year
Rent: 4-bed house₦3.7mper year
Rent: shop or office₦7,050per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
High-income44₦134,000₦144,000–₦4.3m
Middle-income80₦84,400₦94,900–₦3.4m
Lower-income52₦50,500₦56,600–₦2.7m
Village47₦6,660₦10,300₦27m₦1.1m
Remote / farmland246₦6,710₦10,200₦27m₦1.1m

Urban parts of the LGA average ₦64,400 per m²; villages and rural land ₦6,510 per m².

Towns, districts and estates in Lagelu

Akobo Estate town, ₦150,000/m²Carlton Gate Estate gated estate, ₦160,000/m²PHDL Estate gated estate, ₦160,000/m²Oke'badan Estate gated estate, ₦160,000/m²Ore Ofe Estate Elewi Odo gated estate, ₦130,000/m²Bishop Court gated estate, ₦130,000/m²Okebadan Estate gated estate, ₦120,000/m²Oluwole Estate gated estate, ₦110,000/m²Oke Ibadan Estate gated estate, ₦110,000/m²Marvellous Estate gated estate, ₦99,000/m²Alafia Estate gated estate, ₦94,000/m²Progressive Estate gated estate, ₦85,000/m²Odogbo Barracks Ojoo Olorunda Area gated area, ₦81,000/m²Ogo Oluwa Estate gated estate, ₦79,000/m²Peace Estate Elewuro gated estate, ₦75,000/m²Wisdom Estate gated estate, ₦51,000/m²

Questions people ask

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

A typical 600 m² residential plot in Lagelu LGA, Oyo is about ₦11m (around ₦18,300 per m²) in asking prices as of October 2026. Commercial land is about ₦22,100 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦1.9m a year for a 3-bedroom flat, ₦973,000 for a 2-bedroom flat and ₦559,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Lagelu LGA, Oyo?

Asking prices for a 4-bedroom house in Lagelu LGA, Oyo are around ₦68.3m; a 3-bedroom flat around ₦46.6m (October 2026).

What is the price of farmland in Lagelu LGA, Oyo?

Farmland in Lagelu LGA, Oyo is about ₦31.9m per hectare (October 2026).

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