Ethiopia Property Centre
Demand vs Supply · 22 Sep to 21 Oct 2026

Where demand outruns supply in Ethiopia.

Searches on Ethiopia Property Centre measured against the listings live to meet them, 22 Sep to 21 Oct 2026: where people search and find little or nothing, what they asked for, and what they said they could pay.

Location
22 Sep to 21 Oct 2026

Search pressure across Ethiopia

Searches
13,017
since 17 Sep 2026
Per listing
2.5
since 17 Sep 2026
Found nothing
12.7%
since 17 Sep 2026
Rent budget gap
29% below asking
since 17 Sep 2026
Sale budget gap
49% above asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 10.7 5,952 searches · 559 listings
Searches per live listing, sale 1.5 7,065 searches · 4,758 listings
Searches per live listing, rent

Most competitive zones for rentals

01
Index 39 · national 100
4.2 searches per listing
02
Index 32 · national 100
3.5 searches per listing
03
Index 29 · national 100
3.1 searches per listing
Searches per live listing, sale

Most competitive zones for homes for sale

01
Index 122 · national 100
1.8 searches per listing
02
Index 107 · national 100
1.6 searches per listing
03
Index 47 · national 100
0.7 searches per listing
04
Index 42 · national 100
0.6 searches per listing
05
Index 17 · national 100
0.3 searches per listing
06
Index 12 · national 100
0.2 searches per listing

Searches in the window divided by the listings live on 21 Oct 2026 that a searcher could actually rent or buy — published, priced whole, in ETB. The index puts the national rate at 100.

Unmet demand: where searches find nothing

Searches that found nothing, rent 12.6% Mostly 1 bedroom · Br 50K to Br 70K
Searches that found nothing, sale 12.7% Mostly 2 bedroom · Br 7M to Br 10M
Share of searches with no results, rent

Where rentals are hardest to find

01
Mostly 1 bedroom · Br 50K to Br 70K
18.3%
02
Mostly 1 bedroom · Br 50K to Br 70K
14.1%
03
Mostly 1 bedroom · Br 150K to Br 200K
9.4%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 4 bedroom
29.7%
02
Mostly 2 bedroom · Br 50K to Br 70K
16.7%
03
Mostly 4 bedroom · Br 15M to Br 20M
11.6%
04
Mostly 2 bedroom · Br 2M to Br 3M
11.5%
05
Mostly 3 bedroom · Br 70M to Br 100M
9.6%
06
2.9%

A search found nothing when the page it landed on listed no properties. "Mostly" names the bed count and budget band most of those searches asked for; searches with no bed count or budget stated are counted but not described.

Budgets against asking prices

Searched budget vs asking rent price 29% below asking Typical budget Br 107.8K vs Br 151.3K asked · 37% of listings within the typical budget
Searched budget vs asking sale price 49% above asking Typical budget Br 16.4M vs Br 11M asked · 68% of listings within the typical budget
Budget gap, sale

Searchers above asking, homes for sale

01
60% of listings within the typical budget
25% above asking

The typical budget is the median maximum price searchers stated, from at least 50 searches that stated one; the asking price is the median of the live listings. "Within budget" is the share of those listings priced at or under the typical budget.

Bedroom mismatch

Searched minus listed, share of each

Bedroom mismatch in Ethiopia

Searched minus listed, share of each

Bedroom mismatch in Addis Ababa

Each bar is the share of searches asking for that bed count minus the share of live listings offering it, in percentage points: to the right, more people want it than the market lists; to the left, the reverse. Searches with no bed count stated, and listings with no bedrooms recorded, are left out of both shares.

Where the enquiries go

Enquiries per 100 listings, rent 11 63 enquiries · 559 listings
Enquiries per 100 listings, sale 5 226 enquiries · 4,758 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
22 enquiries · 233 listings
9 enquiries per 100 listings
02
4 enquiries · 44 listings
9 enquiries per 100 listings
03
4 enquiries · 49 listings
8 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
15 enquiries · 77 listings
20 enquiries per 100 listings
02
15 enquiries · 146 listings
10 enquiries per 100 listings
03
16 enquiries · 196 listings
8 enquiries per 100 listings
04
100 enquiries · 1,572 listings
6 enquiries per 100 listings
05
10 enquiries · 529 listings
2 enquiries per 100 listings
06
12 enquiries · 672 listings
2 enquiries per 100 listings

Enquiries are contacts made through the site, counted once per person, listing, channel and day, over the 28 days before the latest scoring night (20 Oct 2026), divided by the listings live on 21 Oct 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 11.7% of searches 46.7% of live rent listings
Serviced rentals: searched vs listed 1.9% of searches 2.5% of live rent listings

The share of rent searches that asked for a furnished or serviced home, against the share of live rent listings that offer one.

What the data says

Three things shaping demand right now

Bole is the tightest rental market

4.2 searches for every live rent listing, against 10.7 nationally.

29.7% of sale searches in Yeka found nothing

35 of 118 searches landed on an empty page — mostly 4 bedroom.

Sale budgets in Bole sit 25% above asking

Searchers typically set a maximum of Br 19.6M against a median asking price of Br 15.7M; 60% of listings within the typical budget.

Demand vs supply by state
Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ethiopia?

Bole recorded 4.2 searches for every live rent listing between 22 Sep to 21 Oct 2026, the highest of any zone with at least 100 searches and 20 listings.

How often do rent searches in Ethiopia find nothing?

12.6% of the 5,952 rent searches recorded between 22 Sep to 21 Oct 2026 returned no listings; mostly 1 bedroom · Br 50K to Br 70K.

How do rent budgets compare with asking prices in Ethiopia?

The typical maximum price searchers stated was Br 107.8K, 29% below asking the median asking price of Br 151.3K; 37% of listings within the typical budget.

How often do sale searches in Ethiopia find nothing?

12.7% of the 7,065 sale searches recorded between 22 Sep to 21 Oct 2026 returned no listings; mostly 2 bedroom · Br 7M to Br 10M.

How do sale budgets compare with asking prices in Ethiopia?

The typical maximum price searchers stated was Br 16.4M, 49% above asking the median asking price of Br 11M; 68% of listings within the typical budget.

How is this report measured?

Demand is every property search run in a browser on Ethiopia Property Centre between 22 Sep to 21 Oct 2026, counted once per search per visit, with searches by reference number left out; searches began being recorded this way on 17 September 2026 and nothing earlier is used. Supply is the listings live at the end of that period that were published, priced as a whole property in ETB and at or above the same price floor the quarterly market report applies. An area is published only with at least 100 searches and 20 live listings; a typical budget needs at least 50 searches that stated one. Figures are refreshed nightly.

About this report

How we measure demand against supply.

Demand is every property search run in a browser on Ethiopia Property Centre between 22 Sep to 21 Oct 2026, counted once per search per visit, with searches by reference number left out; searches began being recorded this way on 17 September 2026 and nothing earlier is used. Supply is the listings live at the end of that period that were published, priced as a whole property in ETB and at or above the same price floor the quarterly market report applies. An area is published only with at least 100 searches and 20 live listings; a typical budget needs at least 50 searches that stated one. Figures are refreshed nightly.

No individual search or searcher is published; every figure is a count or a share over an area. Enquiries are counted the way the quarterly market report counts them — once per person, listing, channel and day.

For asking prices, see our average property prices and the quarterly market reports.

Using this data.

Free to use with credit. You can quote and republish these figures, as long as you credit Ethiopia Property Centre and link back to this report. They are licensed under CC BY 4.0, as set out in our terms of use.

Source: Ethiopia Property Centre, Where demand outruns supply in Ethiopia, https://ethiopiapropertycentre.com/market-trends/demand-trends/all-property

Get demand vs supply by email.

Where searches outrun listings, at the start of each month. One email a month.

We use your email only to send you the demand vs supply snapshot and, in it, links to our other market reports and data. See our privacy policy.