
Land prices in seven Nairobi satellite towns declined during the second quarter of 2026, according to the latest price index by HassConsult.
According to the report released on Tuesday, August 8, Ngong recorded the sharpest quarterly decline, with land prices falling by 2.5 per cent to Ksh34.8 million.
This was followed by Limuru (-0.8 per cent), where an acre was retailing at Ksh27.2 million at the end of the quarter.
The price of an acre in Kiambu dropped by 0.6 per cent to retail at Ksh48.6 million, while a similar piece in Syokimau dropped by 0.3 per cent to retail at Ksh39.4 million.
Meanwhile, an acre in Tigoni dropped by 0.3 per cent to retail at Ksh34.8 million.
In Athi River, the price dropped by 0.2 per cent to retail at Ksh20.7 million. In Kitengela, the price of an acre dropped by 0.1 per cent to retail at Ksh18.8 million.
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According to the report, the drop comes at a time when investors are shifting to locations with strong economic activity and infrastructure.
As a result, satellite towns like Ruiru and Thika witnessed significant increases in land prices owing to the growing demand.
Ruiru led with a quarterly land price appreciation of 4.1 per cent to Ksh.42.2 million per acre, followed by Thika at 3.8 per cent to Ksh.32.4 million, and Ruaka at 2.8 per cent to Ksh.115.7 million per acre
"The recovery across Nairobi's satellite towns is becoming increasingly selective. Growth is concentrating in locations with strong economic and infrastructure drivers, including employment hubs, major transport investments and expanding commercial centres that create sustained demand for development," Sakina Hassanali, the HassConsult Co-CEO, noted in the report.
HassConsult attributed Ruiru's strong performance to the continued expansion of mixed-use developments such as Tatu City and Northlands, which have attracted industrial and commercial investments, boosting demand for residential housing and development land.
The firm also noted that expectations surrounding Thika's planned elevation to city status have increased investor interest.
On the other hand, Ruaka benefited from the Nairobi Western Bypass and its proximity to the United Nations Blue Zone, making it attractive for residential developments.
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During 2026 Q2, land prices in Ongata Rongai increased by 1.7% to retail at Ksh29.9 million. In Mlolongo, the price of an acre increased by 1.2% to retail at Ksh47.6 million.
In Juja, an acre of land increased by 0.6% to Ksh26.8 million. An acre of land in Kiserian now retails at Ksh13.6 million after a 0.3% increase.
Land prices across Nairobi's prime suburbs continued their recovery in the second quarter of 2026, with Lang'ata, Karen, Runda and Nyari recording the strongest quarterly gains as demand shifted towards comparatively affordable locations for detached and semi-detached housing.
According to the HassConsult Land Price Index, Lang'ata recorded the highest quarterly appreciation of 4.1%, followed by Karen (3.2%), Runda (2.9%), Nyari (2.5%) and Riverside (2.1%).
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