Accra.Cool
Property sales · mid-marketas of 12 Jul 2026 · 12:00 GMT

How Much Do Houses Cost in Madina?

The typical 3br house in Madina asks ₵950,000 (₵5,500/sqm), and sits about 60 days on market. Budget 8% off the ask — this is mid-market Madina.

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Median

₵950,000

3BR house

Per sqm

₵5,500

asking

Days on market

60

balanced

Negotiation

8%

off asking

Price by property type

TypeLowMedianHighPer sqmConfidence
3BR house₵600,000₵950,000₵1,500,000₵5,500indicative

What the asking price actually means · house 3bed

Asking median

₵950,000

Typical negotiation

8%

Realistic transaction

₵874,000₵950,000

60 days on market — a balanced market: some room to negotiate; not a fire sale. The asking price in Madina is a starting point, not the number you pay — budget the 8% down to the realistic range.

Gross rental yield · Madina

6.0%

Sale (house 3bed): ₵950,000
Rent (3BR): ₵4,747/mo × 12 = ₵56,964/yr
56,964 ÷ ₵950,000 = 6.0%

That is typical for unfurnished stock (Ownkey's 4–6% band). Yields combine our own sale and rent medians converted at the live rate ($1 = ₵11.63) — the two datasets no portal holds together.

About Madina

Bustling mixed-use neighborhood with the largest farmers market in north Accra. In sale terms Madina is mid-market and cedi-quoted, so the currency's swings reprice it directly. The headline 3br house asks ₵950,000 and takes about 60 days to shift, with 8% typically coming off the ask — mid-market demand keeps sellers firmer here.

Buy vs rent here

Buying the headline home means finding ₵950,000 — mostly cash or a heavy deposit at Ghana's 25–30% mortgage rates. Renting the equivalent runs ₵4,747/month, typically with one to two years' rent in advance. See the full Madina rent breakdown →

Price history

Only one snapshot exists for Madina so far (July 2026) — not enough for a trend line. We would rather show a single honest point than draw a fake slope; the second data point lands with the next quarterly refresh.

Comparable neighborhoods

NeighborhoodMedianPer sqmDays
Dansoman₵850,000₵5,20065
Adenta₵1,100,000₵6,00055
Kasoa₵600,000₵4,00075
Tema Community 1₵1,300,000₵7,00050
Ridge$185,000$1,65080

Common questions

  • The median 3br house in Madina asks ₵950,000. Budget 8% off — the realistic transaction range runs ₵874,000 to ₵950,000.

Have a question we should answer? Email hello@accra.cool.

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