03/08/2026
Is now the right time to buy in Lagos? Here’s the honest answer 👇
Lagos property prices are still climbing (up roughly 10-15% over the past year), but that doesn’t mean there’s no room to negotiate. Right now:
🏠Most homes are selling 8-12% below asking price
🏠Listings are taking longer to move (avg. 150 days) — buyers have more leverage than they think
🏠Demand isn’t going anywhere: Lagos has a housing deficit of 3M+ units and gains 500-600k new residents every year
Breakdown: if you’re buying to live in — not just flip — this is a “negotiate hard and lock it in” moment, not a “wait it out” moment. Prices in naira terms tend to keep climbing with inflation, so sitting on the sidelines rarely pays off.
📍 Currently touring properties like this one — swipe through the process with me, or DM if you’re ready to start your search.
HomeBuyingTips LekkiRealEstate IkoyiRealEstate
