Land prices in several Nairobi neighborhoods and satellite towns fell during the second quarter of 2026, even as the broader property market showed signs of recovery, according to the latest HassConsult Land Price Index.
Notable Price Drops in Nairobi Suburbs
- Muthangari experienced the steepest decline with a 2.1% drop, bringing average land prices to Ksh378.4 million per acre.
- Muthaiga saw prices fall by 0.9%, settling at Ksh230.1 million per acre.
- Gigiri recorded a 0.7% decrease, with prices averaging Ksh261.1 million per acre.
Satellite Towns Also Affected
- Ngong led declines among satellite towns, with a 2.5% reduction to Ksh34.8 million per acre.
- Limuru prices dropped 0.8% to Ksh27.2 million per acre.
- Kiambu saw a 0.6% decrease, averaging Ksh48.6 million per acre.
- Other towns such as Syokimau, Athi River, and Kitengela also experienced marginal declines.
Overall, seven out of fourteen satellite towns tracked showed negative growth during the quarter.
Market Trends and Drivers
Despite localized declines, average land prices across Nairobi suburbs and satellite towns rose by 1.4% in Q2 2026, rebounding from slower growth in the previous quarter. The improvement is partly attributed to increased demand following the release of the Nairobi City County Development Control Policy 2026, which clarified planning approval processes.
Buyers and developers are increasingly targeting more affordable areas suitable for detached and semi-detached housing projects.
Areas Showing Growth
- Within Nairobi, Langata, Karen, Runda, and Nyari led price growth.
- Among satellite towns, Ruiru, Thika, and Ruaka posted the strongest gains.
“Recovery across Nairobi's satellite towns is selective, focusing on locations with strong economic and infrastructure drivers such as employment hubs, transport projects, and commercial centers,” said HassConsult Co-CEO Sakina Hassanali.
