Nigeria Residential Real Estate Market Size & Outlook, 2025-2033
Nigeria Residential Real Estate Market Insights
- As highlighted in Deep Market Insights analysis, the Nigeria Residential Real Estate Market, worth USD 69.54 Billion in 2024, is forecasted to achieve USD 106.65 Billion by 2033.
- The Nigeria market is anticipated to grow at a CAGR of 4.8% during the period 2025–2033.
- By 2024, Apartments represented the largest share of the Type market size.
- Apartments is expected to remain the key growth driver within Type, registering the fastest CAGR during the forecast period.
![Nigeria Residential Real Estate Market Size, Share & Growth Analysis By [2033]](https://deepmarketinsights.com/uploads/charts/nigeria-residential-real-estate-market-nigeria-type-43316.png)
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Nigeria accounted for 0.65% of the global Residential Real Estate Market size.
- By 2033, United States is expected to lead the global Residential Real Estate Market in terms of market size.
- Within Middle East and Africa, United Arab Emirates is projected to dominate the regional Residential Real Estate Market size by 2033.
- United Arab Emirates is identified as the fastest-growing market in Middle East and Africa, anticipated to reach USD 601.14 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 69.54 Billion |
| Market Size In 2033 | USD 106.65 Billion |
| Largest segment | Apartments |
| Units | Revenue in USD Billion |
| CAGR | 4.8% (2025-2033) |
| Segmnetation Covered | |
| Type |
|
| Transaction |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nigeria Residential Real Estate Market Type 2025-2033 (USD Billion)
| Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apartments | XX.x | XX.x | XX.x | 36.74 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Villas | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Condos | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nigeria Residential Real Estate Market Transaction 2025-2033 (USD Billion)
| Transaction | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale | XX.x | XX.x | XX.x | 40.45 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Rental | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.