Why Nigeria’s Real Estate Market May Hit ₦2.25 Trillion Before the Year Ends
BY: Landnest Homes And Properties
BY: Landnest Homes And Properties
Monday, August 25, 2025
August 25, 2025
In Nigeria’s rapidly shifting economic landscape, few sectors have stayed as resilient, or as misunderstood, as real estate.
A few months ago, the Minister of Housing, Ahmed Dangiwa, projected that the Nigerian real estate market could reach a total value of ₦2.25 trillion by the end of 2025. And it’s made the rounds in newspapers, investment forums, and real estate WhatsApp groups.
But what exactly does that number mean for the average investor?
Is it all hype? Or are we looking at a genuine opportunity to participate in one of Nigeria’s fastest-growing sectors?
Let’s break it down.
1. The Projection Comes from the Top
This valuation didn’t emerge from a private analyst or speculative blog post. It came directly from the Minister of Housing during an international investment forum in early 2025.
He noted that the current market size is based on cumulative property values, ongoing developments, infrastructure projects, and real estate finance instruments (like REITs and mortgage securities).
This projection doesn’t only cover land, it includes the entire housing, commercial, and construction value chain.
Tip: Don’t confuse a ₦2.25 trillion projection with a cash-ready market. It reflects overall asset value, not the amount circulating.
In Nigeria’s rapidly shifting economic landscape, few sectors have stayed as resilient, or as misunderstood, as real estate.
A few months ago, the Minister of Housing, Ahmed Dangiwa, projected that the Nigerian real estate market could reach a total value of ₦2.25 trillion by the end of 2025. And it’s made the rounds in newspapers, investment forums, and real estate WhatsApp groups.
But what exactly does that number mean for the average investor?
Is it all hype? Or are we looking at a genuine opportunity to participate in one of Nigeria’s fastest-growing sectors?
Let’s break it down.
1. The Projection Comes from the Top
This valuation didn’t emerge from a private analyst or speculative blog post. It came directly from the Minister of Housing during an international investment forum in early 2025.
He noted that the current market size is based on cumulative property values, ongoing developments, infrastructure projects, and real estate finance instruments (like REITs and mortgage securities).
This projection doesn’t only cover land, it includes the entire housing, commercial, and construction value chain.
Tip: Don’t confuse a ₦2.25 trillion projection with a cash-ready market. It reflects overall asset value, not the amount circulating.
2. ₦250 Billion in Federal Support Is Already in Motion
The Federal Government, through the Ministry of Finance Incorporated (MOFI), launched the Real Estate Investment Fund (MREIF) in 2024.
It was rolled out in two tranches:
₦150 billion in Series I (now fully subscribed)
₦100 billion in Series II (launched in early 2025)
This fund is designed to stimulate housing delivery by providing developers and mortgage banks with lower-interest capital.
According to the MOFI announcement, the MREIF will help deliver over 10,000 housing units by 2026, with 25-year mortgage plans and rates hovering around 11–12%.
Tip: If you’re looking to invest in property, pay attention to developers who are partnered under this fund, it often means faster construction and cleaner documentation.
3. Housing Demand Remains Higher Than Supply
Nigeria still faces a housing deficit estimated between 22 and 28 million units. Despite hundreds of new estates springing up, demand continues to outpace supply, especially in urban and peri-urban locations.
Cities like Lagos, Abuja, Port Harcourt, and Ibadan are seeing rising land prices, but suburban areas are getting the bulk of the attention.
In Ibadan, for instance, listings and agent reports show growing demand in Eleyele, Apete, Moniya, and Ido. Prices in these areas are creeping up, although not always with consistent documentation or infrastructure.
Tip: It’s not just about what’s cheap. It's about what has proximity, paperwork, and population movement. Focus on those three Ps.
2. ₦250 Billion in Federal Support Is Already in Motion
The Federal Government, through the Ministry of Finance Incorporated (MOFI), launched the Real Estate Investment Fund (MREIF) in 2024.
It was rolled out in two tranches:
₦150 billion in Series I (now fully subscribed)
₦100 billion in Series II (launched in early 2025)
This fund is designed to stimulate housing delivery by providing developers and mortgage banks with lower-interest capital.
According to the MOFI announcement, the MREIF will help deliver over 10,000 housing units by 2026, with 25-year mortgage plans and rates hovering around 11–12%.
Tip: If you’re looking to invest in property, pay attention to developers who are partnered under this fund, it often means faster construction and cleaner documentation.
3. Housing Demand Remains Higher Than Supply
Nigeria still faces a housing deficit estimated between 22 and 28 million units. Despite hundreds of new estates springing up, demand continues to outpace supply, especially in urban and peri-urban locations.
Cities like Lagos, Abuja, Port Harcourt, and Ibadan are seeing rising land prices, but suburban areas are getting the bulk of the attention.
In Ibadan, for instance, listings and agent reports show growing demand in Eleyele, Apete, Moniya, and Ido. Prices in these areas are creeping up, although not always with consistent documentation or infrastructure.
Tip: It’s not just about what’s cheap. It's about what has proximity, paperwork, and population movement. Focus on those three Ps.
4. Inflation Is Driving Investment in Tangible Assets
With inflation fluctuating between 29% and 34% over the last year, more Nigerians, especially in the middle class, are seeking to hedge their naira by investing in land or construction.
Real estate offers stability and long-term value, particularly when compared to volatile equities or inaccessible forex markets.
This rush into physical assets partly explains the rapid estate launches across Oyo, Ogun, and Ondo states.
Tip: If you’re buying to hold, pick land with low maintenance obligations but high location promise, even if the estate is still “upcoming.” check some of Landnest properties for something like this.
5. Diaspora Investments Are Powering Development
Another reason for the real estate boom is the inflow of funds from Nigerians living abroad.
In 2024 alone, diaspora remittances exceeded $20 billion, and a growing portion of that went into real estate, either through relatives or directly via developer partnerships.
More developers now offer:
100% virtual land allocation
3D building design consultations
Flexible international payment plans
Tip: Diaspora buyers should focus on developers like Landnest with verifiable land titles and local consultants who can follow through in person.
4. Inflation Is Driving Investment in Tangible Assets
With inflation fluctuating between 29% and 34% over the last year, more Nigerians, especially in the middle class, are seeking to hedge their naira by investing in land or construction.
Real estate offers stability and long-term value, particularly when compared to volatile equities or inaccessible forex markets.
This rush into physical assets partly explains the rapid estate launches across Oyo, Ogun, and Ondo states.
Tip: If you’re buying to hold, pick land with low maintenance obligations but high location promise, even if the estate is still “upcoming.” check some of Landnest properties for something like this.
5. Diaspora Investments Are Powering Development
Another reason for the real estate boom is the inflow of funds from Nigerians living abroad.
In 2024 alone, diaspora remittances exceeded $20 billion, and a growing portion of that went into real estate, either through relatives or directly via developer partnerships.
More developers now offer:
100% virtual land allocation
3D building design consultations
Flexible international payment plans
Tip: Diaspora buyers should focus on developers like Landnest with verifiable land titles and local consultants who can follow through in person.
6. Commercial Property Is Quietly Surging
Beyond residential estates, commercial developments, including malls, warehouses, and co-working spaces, are seeing massive interest in cities like Ibadan, Asaba, Uyo, and Enugu.
These projects may not get the same public hype, but they offer returns that rival residential assets, especially when located near highways or industrial corridors.
Tip: If residential property feels too slow, explore commercial land options near logistics hubs or university corridors.
What This ₦2.25 Trillion Market Means for You
Here’s the truth: that ₦2.25 trillion valuation is impressive, but it’s not a promise. It’s a snapshot of potential, not a guarantee of profit.
However, it tells us one thing clearly: Nigeria’s real estate sector is not slowing down.
Whether you’re a first-time land buyer, a home builder, or a diaspora investor looking for long-term value, 2025 presents a window of opportunity, especially in suburbs and mid-tier cities that are still growing their infrastructure.
Here’s How to Position Yourself
Start small but start now. Buy one plot, even if it’s on the outskirts.
Insist on documentation. Ask for the layout plan, deed of assignment, and survey.
Follow infrastructure. Focus on locations close to new roads, bridges, or drainage.
Check the estate reputation. Avoid anything that’s “too cheap to be true.”
6. Commercial Property Is Quietly Surging
Beyond residential estates, commercial developments, including malls, warehouses, and co-working spaces, are seeing massive interest in cities like Ibadan, Asaba, Uyo, and Enugu.
These projects may not get the same public hype, but they offer returns that rival residential assets, especially when located near highways or industrial corridors.
Tip: If residential property feels too slow, explore commercial land options near logistics hubs or university corridors.
What This ₦2.25 Trillion Market Means for You
Here’s the truth: that ₦2.25 trillion valuation is impressive, but it’s not a promise. It’s a snapshot of potential, not a guarantee of profit.
However, it tells us one thing clearly: Nigeria’s real estate sector is not slowing down.
Whether you’re a first-time land buyer, a home builder, or a diaspora investor looking for long-term value, 2025 presents a window of opportunity, especially in suburbs and mid-tier cities that are still growing their infrastructure.
Here’s How to Position Yourself
Start small but start now. Buy one plot, even if it’s on the outskirts.
Insist on documentation. Ask for the layout plan, deed of assignment, and survey.
Follow infrastructure. Focus on locations close to new roads, bridges, or drainage.
Check the estate reputation. Avoid anything that’s “too cheap to be true.”
At Landnest, we help clients navigate the real estate boom with clarity and integrity. From emerging estates in Ibadan to carefully documented land in suburbs like Ido and Moniya, we offer smart pathways to ownership, with flexible payment plans and full documentation support.
Send “LAND” via WhatsApp to speak with a Landnest Official who can walk you through acquiring one of our verified, growth-ready properties.
At Landnest, we help clients navigate the real estate boom with clarity and integrity. From emerging estates in Ibadan to carefully documented land in suburbs like Ido and Moniya, we offer smart pathways to ownership, with flexible payment plans and full documentation support.
Send “LAND” via WhatsApp to speak with a Landnest Official who can walk you through acquiring one of our verified, growth-ready properties.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
Registered under EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.