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

How Much Do Houses Cost in Ridge?

The typical 2br apartment in Ridge asks $185,000 ($1,650/sqm), and sits about 80 days on market. Budget 12% off the ask — this is mid-market Ridge.

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Median

$185,000

2BR apartment

Per sqm

$1,650

asking

Days on market

80

balanced

Negotiation

12%

off asking

Price by property type

TypeLowMedianHighPer sqmConfidence
2BR apartment$130,000$185,000$270,000$1,650indicative

What the asking price actually means · apartment 2bed

Asking median

$185,000

Typical negotiation

12%

Realistic transaction

$162,800$185,000

80 days on market — a balanced market: some room to negotiate; not a fire sale. The asking price in Ridge is a starting point, not the number you pay — budget the 12% down to the realistic range.

Gross rental yield · Ridge

13.0%

Sale (apartment 2bed): $185,000 ≈ ₵2,152,475
Rent (3BR): $2,000/mo × 12 = ₵279,240/yr
279,240 ÷ ₵2,152,475 = 13.0%

That is unusually strong — check the rent isn't a furnished corporate let inflating the ratio. Yields combine our own sale and rent medians converted at the live rate ($1 = ₵11.63) — the two datasets no portal holds together.

About Ridge

Old colonial-era residential. Large lots, mature trees, government residences. In sale terms Ridge is mid-market and dollar-quoted, so its prices move with the cedi rather than against local incomes. The headline 2br apartment asks $185,000 and takes about 80 days to shift, with 12% typically coming off the ask — mid-market demand keeps sellers firmer here.

Buy vs rent here

Buying the headline home means finding $185,000 — mostly cash or a heavy deposit at Ghana's 25–30% mortgage rates. Renting the equivalent runs $2,000/month, typically with one to two years' rent in advance. See the full Ridge rent breakdown →

Price history

Only one snapshot exists for Ridge 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
Labone$200,000$1,75070
Roman Ridge$210,000$1,60075
Tema Community 1₵1,300,000₵7,00050
Adenta₵1,100,000₵6,00055
Spintex$280,000$90045

Common questions

  • The median 2br apartment in Ridge asks $185,000. Budget 12% off — the realistic transaction range runs $162,800 to $185,000.

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

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