Ethiopia Property Centre
Demand vs Supply · 17 Sep to 27 Sep 2026

Where demand outruns supply in Ethiopia.

Searches on Ethiopia Property Centre measured against the listings live to meet them, 17 Sep to 27 Sep 2026: where people search and find little or nothing, what they asked for, and what they said they could pay.

Location
17 Sep to 27 Sep 2026

Search pressure across Ethiopia

Searches
5,899
since 17 Sep 2026
Per listing
1.1
since 17 Sep 2026
Found nothing
34.7%
since 17 Sep 2026
Rent budget gap
33% below asking
since 17 Sep 2026
Sale budget gap
62% above asking
since 17 Sep 2026

Most competitive areas

Searches per live listing, rent 5.3 2,949 searches · 559 listings
Searches per live listing, sale 0.6 2,950 searches · 4,613 listings
Searches per live listing, rent

Most competitive zones for rentals

01
Index 28 · national 100
1.5 searches per listing
Searches per live listing, sale

Most competitive zones for homes for sale

01
Index 106 · national 100
0.7 searches per listing
02
Index 39 · national 100
0.3 searches per listing

Searches in the window divided by the listings live on 27 Sep 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 39.7% Mostly 5+ bedroom · Br 50K to Br 70K
Searches that found nothing, sale 29.7% Mostly 5+ 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
8.8%
Share of searches with no results, sale

Where homes for sale are hardest to find

01
Mostly 2 bedroom
15.0%
02
Mostly 4 bedroom · Br 300K to Br 500K
11.4%

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 33% below asking Typical budget Br 102K vs Br 151.3K asked · 36% of listings within the typical budget
Searched budget vs asking sale price 62% above asking Typical budget Br 17.8M vs Br 11M asked · 72% of listings within the typical budget

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 9 51 enquiries · 559 listings
Enquiries per 100 listings, sale 4 160 enquiries · 4,613 listings
Enquiries per 100 live listings, rent

Where the rent enquiries go

01
19 enquiries · 232 listings
8 enquiries per 100 listings
Enquiries per 100 live listings, sale

Where the sale enquiries go

01
9 enquiries · 177 listings
5 enquiries per 100 listings
02
67 enquiries · 1,531 listings
4 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 (27 Sep 2026), divided by the listings live on 27 Sep 2026.

Furnished and serviced rentals

Furnished rentals: searched vs listed 17.0% of searches 46.5% of live rent listings
Serviced rentals: searched vs listed 12.4% 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

1.5 searches for every live rent listing, against 5.3 nationally.

15.0% of sale searches in Ayat found nothing

18 of 120 searches landed on an empty page — mostly 2 bedroom.

Demand vs supply by state
Frequently asked

Questions this report answers

Where is rental demand highest relative to supply in Ethiopia?

Bole recorded 1.5 searches for every live rent listing between 17 Sep to 27 Sep 2026, the highest of any zone with at least 100 searches and 20 listings.

How often do rent searches in Ethiopia find nothing?

39.7% of the 2,949 rent searches recorded between 17 Sep to 27 Sep 2026 returned no listings; mostly 5+ bedroom · Br 50K to Br 70K.

How do rent budgets compare with asking prices in Ethiopia?

The typical maximum price searchers stated was Br 102K, 33% below asking the median asking price of Br 151.3K; 36% of listings within the typical budget.

How often do sale searches in Ethiopia find nothing?

29.7% of the 2,950 sale searches recorded between 17 Sep to 27 Sep 2026 returned no listings; mostly 5+ bedroom · Br 7M to Br 10M.

How do sale budgets compare with asking prices in Ethiopia?

The typical maximum price searchers stated was Br 17.8M, 62% above asking the median asking price of Br 11M; 72% 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 27 Sep 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 27 Sep 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.