Nairobi satellite land boom slows as prices lock out buyers

 Commercial buildings pictured at Memusi area in Ngong, Kajiado County, on February 26, 2026.

Photo credit: Bonface Bogita | Nation Media Group

The rapid growth of land prices in Nairobi’s satellite towns has cooled off on falling demand as middle-class home builders increasingly find it difficult to afford property whose average price per acre has now hit Sh33 million.

Analysis of Nairobi land prices by real estate firm HassConsult shows that in the year to March 2026, land prices in satellite towns grew by an average of 4.3 percent, down from 9.93 percent in the year to March 2025.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.