Nairobi — House prices in Nairobi's upscale suburbs rose in the first quarter of 2026, driven largely by limited housing supply.
Data from the HassConsult House Price Index Q1 2026 shows Lavington recorded the highest growth at 4.2 percent, followed by Spring Valley at 3.8 percent and Kilimani at 1.8 percent.
Prices also increased in Karen, Loresho and Westlands, each posting a 3.8 percent rise in house values during the period.
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In the apartment segment, Muthangari and Riverside registered gains of 3.8 percent and 1.8 percent respectively. However, the overall apartment market softened, weighed down by price declines of 2.8 percent in Westlands and 2.5 percent in Upper Hill.
HassConsult Co-CEO Sakina Hassanali attributed the trend to supply dynamics.
"House sale price growth in the suburbs partly stems from undersupply of units... The correction in apartment prices reflected increased supply, moving to saturation in some areas," she said.
In satellite towns, house prices rose modestly, with Kitengela up 1 percent and Tigoni 0.7 percent. Apartment prices also increased in Kitengela by 2.1 percent and Syokimau by 1.9 percent.
Rental trends were mixed. Juja and Ngong led in house rent growth at 4 percent and 3.9 percent respectively, while Lang'ata recorded the steepest decline in both house and apartment rents at 3.2 percent and 2.9 percent.
Meanwhile, Westlands and Gigiri posted the strongest growth in house rents at 4.3 percent and 4.2 percent, while Riverside and Muthangari led apartment rent increases at 3.6 percent and 3.2 percent respectively.