How Much Do Houses Cost in Labone?
The typical 2br apartment in Labone asks $200,000 ($1,750/sqm), and sits about 70 days on market. Budget 12% off the ask — this is mid-market Labone.
Median
2BR apartment
Per sqm
asking
Days on market
balanced
Negotiation
off asking
Price by property type
| Type | Low | Median | High | Per sqm | Confidence |
|---|---|---|---|---|---|
| 2BR apartment | $140,000 | $200,000 | $290,000 | $1,750 | indicative |
What the asking price actually means · apartment 2bed
Asking median
$200,000
Typical negotiation
−12%
Realistic transaction
$176,000–$200,000
70 days on market — a balanced market: some room to negotiate; not a fire sale. The asking price in Labone is a starting point, not the number you pay — budget the 12% down to the realistic range.
Gross rental yield · Labone
12.6%
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 = ₵11.34) — the two datasets no portal holds together.
About Labone
Walkable mid-density grid. Cafes, schools and consulates. In sale terms Labone is mid-market and dollar-quoted, so its prices move with the cedi rather than against local incomes. The headline 2br apartment asks $200,000 and takes about 70 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 $200,000 — mostly cash or a heavy deposit at Ghana's 25–30% mortgage rates. Renting the equivalent runs $2,100/month, typically with one to two years' rent in advance. See the full Labone rent breakdown →
Price history
Only one snapshot exists for Labone 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
| Neighborhood | Median | Per sqm | Days |
|---|---|---|---|
| Roman Ridge | $210,000 | $1,600 | 75 |
| Ridge | $185,000 | $1,650 | 80 |
| Spintex | $280,000 | $900 | 45 |
| Tema Community 1 | ₵1,300,000 | ₵7,000 | 50 |
| Achimota | $300,000 | $950 | 50 |
Common questions
How much is a house in Labone?
The median 2br apartment in Labone asks $200,000. Budget 12% off — the realistic transaction range runs $176,000 to $200,000.What is the price per square metre in Labone?
About $1,750 per square metre for the headline type. Per-sqm is the fairest cross-neighborhood comparison because it strips out plot and house size.Can you negotiate in Labone?
Yes. Expect roughly 12% off the asking price here — mid-market sellers hold firmer, so move decisively.Is Labone a good investment?
Check the gross yield above — sale median against our rent median. Mid-market areas often carry the healthier rental yields. And remember Ghana's 25–30% mortgage rates make most purchases cash or heavy-deposit.How long do properties take to sell in Labone?
Around 70 days for the headline type — a balanced market with some negotiating room. Days on market is the honest liquidity signal.Is it cheaper to rent or buy in Labone?
Compare the buy median against our live rent median in the panel above. With mortgage rates at 25–30%, renting is often the rational hold unless you can put down a heavy deposit and stay long enough to clear transaction costs.
Have a question we should answer? Email hello@accra.cool.
Read next
sales
All Accra neighborhoods
The full table, calculators and the mid-market vs luxury story.
Read →rent
Rent in Labone
The buy-vs-rent other half — medians by bedroom count.
Read →paye
Take-home calculator
Size a mortgage against your real net income.
Read →cedi
Live cedi rate
Prime property is dollar-quoted — the rate moves your purchase.
Read →