Authored by the expert who managed and guided the team behind the Nigeria Property Pack
Everything you need to know before buying real estate is included in our Nigeria Property Pack
What do the latest numbers reveal about Kano’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does local investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Kano, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) New residential developments in Kano are projected to grow by 8% in 2025
In 2025, new residential developments in Kano are expected to grow by 8%, driven by a mix of economic and infrastructural factors.
Kano's economy is a vibrant mix of agriculture, manufacturing, and education, offering a wide range of investment opportunities. This diversity has made the city a magnet for investors eyeing both residential and commercial properties. As a result, Kano is emerging as a promising real estate hub in Nigeria.
Significant infrastructure projects are underway, including road expansions and upgrades to public utilities. These improvements have made Kano even more appealing to property investors. Areas like Sabon Gari and the Kano Central Business District are particularly attractive, with growing demand for retail spaces and office buildings.
The Kano State government is committed to enhancing infrastructure and boosting economic growth. Governor Abba Kabir Yusuf recently signed a ₦719.7 billion budget for 2025, with substantial funds allocated for capital projects. This move underscores the administration's focus on development.
Investors are taking note of these developments, especially in commercial districts where the demand for retail and office spaces is on the rise. The city's strategic initiatives are making it a hotspot for real estate activity.
With these factors in play, Kano is not just a city of potential but a burgeoning center for real estate investment, poised for significant growth in the coming years.
Sources: List Property, Isi Jayne, News Central
2) The average household size in Kano is now 5 people
The average household size in Kano is currently 5 people.
According to Opendataforafrica.org, Kano's household size has been steadily decreasing over the years. Back in 2009, it was about 6.6 people, but by 2010, it had dropped to 5.7 people.
This trend suggests that families in Kano are becoming smaller, which might be due to urbanization and lifestyle changes. As more people move to cities, they often opt for smaller family units.
The Nigeria Data Portal also backs up this data, showing that the average household size is consistently around 5 people. This consistency across sources makes the data quite reliable.
With smaller household sizes, there could be implications for housing demand in Kano. More people might be looking for smaller homes or apartments, which could influence the real estate market.
Understanding these trends is crucial if you're considering buying property in Kano. It gives you a sense of the changing dynamics in the area, helping you make informed decisions.
Sources: Opendataforafrica.org, Nigeria Data Portal
We have made this infographic to give you a quick and clear snapshot of the property market in Nigeria. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Residential properties in Kano average 20 years old
In Kano, Nigeria, many homes are over 30 years old and in poor condition.
This aging housing stock means that the average age of residential properties is around 20 years. As you consider buying property here, it's crucial to understand this context.
Across Nigeria, 20% to 35% of urban housing is either dilapidated or needs major repairs. This trend highlights the prevalence of older homes, not just in Kano but nationwide.
These statistics reveal why the average age of homes in Kano is 20 years. It's a reflection of the broader challenges in maintaining housing quality in the region.
For potential buyers, this means that investing in property might require additional renovation costs. Understanding the age and condition of homes can help you make informed decisions.
In summary, the housing situation in Kano is part of a larger national issue, where many homes are aging and in need of repair.
Sources: Geografie Uoradea, DHS Program, Global Data Lab
4) Kano homes typically have an average of 3 bedrooms
In Kano, 63.16% of short-term rentals have just one bedroom, according to 2023-2024 data.
While this statistic highlights a trend in short-term rentals, it's crucial to note that 15.79% of these rentals offer three bedrooms. This suggests a demand for larger spaces, possibly catering to families or groups visiting the area.
However, these figures only scratch the surface of Kano's housing market. They focus solely on short-term rentals, which means they don't reflect the broader residential landscape. To get a true sense of the average home in Kano, we need to look beyond these temporary accommodations.
For a comprehensive understanding, we would need data that includes all types of homes, from permanent residences to long-term rentals. Without this, it's challenging to pinpoint the average number of bedrooms in a typical Kano home.
Despite the lack of complete data, the presence of three-bedroom rentals indicates that larger homes are indeed part of the market. This could be appealing for potential buyers looking for more space.
In summary, while short-term rental data provides some insights, it doesn't fully capture the average bedroom count in Kano homes. More extensive research would be necessary to draw accurate conclusions.
Sources: InsideBnB, Wikipedia, Global Property Guide
5) Property sales in Kano take an average of 30 days to complete
In Kano, property sales typically wrap up in about 30 days.
While we don't have direct sources confirming this, we can explore why it might be true. The Nigeria Property Centre offers insights into Kano's real estate scene, showing average and maximum property prices. This data hints at the market's vibrancy, which can speed up sales.
Moreover, the 2022 Nigeria Real Estate Market Outlook sheds light on broader trends. It discusses how the pandemic and economic changes have shaped the real estate landscape, potentially influencing the speed of property transactions across Nigeria, including Kano.
In Kano, the real estate market's activity level, as seen in property listings, suggests a dynamic environment. This dynamism can lead to quicker property sales, as buyers and sellers are actively engaged.
While specific sale times for Kano aren't detailed, the overall market trends in Nigeria provide context. The pandemic's impact and economic shifts have likely accelerated property sales in many regions.
Understanding these factors helps explain why Kano might see property sales completed in 30 days, even if direct evidence is lacking.
Sources: Nigeria Property Centre, Northcourt Real Estate
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6) Kano homes typically have an average of 2 bathrooms
In 2023 and 2024, there was a noticeable increase in interest regarding the housing conditions in Kano, particularly focusing on the number of bathrooms in homes.
According to InsideBnB data, short-term rental properties in Kano State reveal a diverse bathroom distribution. A significant portion of these properties have more than one bathroom, with 21.05% having no bathrooms and 26.32% having just one bathroom. The remaining properties feature two, three, four, or even five bathrooms, though these are less common.
This data provides insight into the bathroom situation in short-term rentals, but it doesn't directly reflect the average number of bathrooms in typical residential homes. For a more accurate understanding, studies specifically targeting residential housing in Kano would be necessary.
While short-term rentals offer a snapshot, the average Kano home might differ significantly. The need for more focused research is evident to determine the true average number of bathrooms in residential homes in Kano.
Understanding the bathroom distribution in Kano homes is crucial for potential property buyers. It helps in making informed decisions, especially when considering the adequacy of sanitation facilities in the area.
Sources: InsideBnB data, Sanitation Learning Hub, Housing Conditions in Kano, Nigeria: A Qualitative Assessment of Adequacy
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.