Ethiopia Property Centre
Demand vs Supply · 17 Sep to 16 Oct 2026

Where demand outruns supply in Ethiopia.

Searches on Ethiopia Property Centre measured against the listings live to meet them, 17 Sep to 16 Oct 2026: where people search and find little or nothing, what they asked for, and what they said they could pay.

Location
17 Sep to 16 Oct 2026

Search pressure across Ethiopia

Searches
14,145
since 17 Sep 2026
Per listing
2.7
since 17 Sep 2026
Found nothing
21.6%
since 17 Sep 2026
Rent budget gap
29% below asking
since 17 Sep 2026
Sale budget gap
54% above asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 11.9 6,617 searches · 558 listings
Searches per live listing, sale 1.6 7,528 searches · 4,726 listings
Searches per live listing, rent

Most competitive zones for rentals

01
Index 35 · national 100
4.2 searches per listing
02
Index 27 · national 100
3.2 searches per listing
03
Index 24 · national 100
2.8 searches per listing
Searches per live listing, sale

Most competitive zones for homes for sale

01
Index 109 · national 100
1.7 searches per listing
02
Index 101 · national 100
1.6 searches per listing
03
Index 41 · national 100
0.7 searches per listing
04
Index 18 · national 100
0.3 searches per listing
05
Index 10 · national 100
0.2 searches per listing

Searches in the window divided by the listings live on 16 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 24.4% Mostly 1 bedroom · Br 50K to Br 70K
Searches that found nothing, sale 19.1% Mostly 2 bedroom · Br 15M to Br 20M
Share of searches with no results, rent

Where rentals are hardest to find

01
Mostly 1 bedroom · Br 100K to Br 150K
25.2%
02
Mostly 1 bedroom · Br 100K to Br 150K
15.3%
03
Mostly 1 bedroom · Br 50K to Br 70K
10.2%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 4 bedroom
31.8%
02
Mostly 2 bedroom · Br 50K to Br 70K
17.8%
03
Mostly 4 bedroom · Br 15M to Br 20M
12.3%
04
Mostly 4 bedroom · Br 15M to Br 20M
12.0%
05
Mostly 2 bedroom
10.4%

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 107.1K vs Br 151.3K asked · 37% of listings within the typical budget
Searched budget vs asking sale price 54% above asking Typical budget Br 17M vs Br 11M asked · 69% of listings within the typical budget
Budget gap, rent

Searchers furthest below asking, rentals

01
47% of listings within the typical budget
2% below asking
Budget gap, sale

Searchers above asking, homes for sale

01
79% of listings within the typical budget
78% 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 12 66 enquiries · 558 listings
Enquiries per 100 listings, sale 4 191 enquiries · 4,726 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
6 enquiries · 44 listings
14 enquiries per 100 listings
02
28 enquiries · 232 listings
12 enquiries per 100 listings
03
2 enquiries · 49 listings
4 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
14 enquiries · 75 listings
19 enquiries per 100 listings
02
87 enquiries · 1,567 listings
6 enquiries per 100 listings
03
9 enquiries · 192 listings
5 enquiries per 100 listings
04
17 enquiries · 671 listings
3 enquiries per 100 listings
05
9 enquiries · 524 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 (15 Oct 2026), divided by the listings live on 16 Oct 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 14.0% of searches 46.8% of live rent listings
Serviced rentals: searched vs listed 6.7% 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 11.9 nationally.

31.8% of sale searches in Yeka found nothing

34 of 107 searches landed on an empty page — mostly 4 bedroom.

Sale budgets in Bole sit 78% above asking

Searchers typically set a maximum of Br 28M against a median asking price of Br 15.7M; 79% 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 17 Sep to 16 Oct 2026, the highest of any zone with at least 100 searches and 20 listings.

How often do rent searches in Ethiopia find nothing?

24.4% of the 6,617 rent searches recorded between 17 Sep to 16 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 107.1K, 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?

19.1% of the 7,528 sale searches recorded between 17 Sep to 16 Oct 2026 returned no listings; mostly 2 bedroom · Br 15M to Br 20M.

How do sale budgets compare with asking prices in Ethiopia?

The typical maximum price searchers stated was Br 17M, 54% above asking the median asking price of Br 11M; 69% 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 17 Sep to 16 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 17 Sep to 16 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

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