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.
Median
3BR house
Per sqm
asking
Days on market
balanced
Negotiation
off asking
Price by property type
| Type | Low | Median | High | Per sqm | Confidence |
|---|---|---|---|---|---|
| 3BR house | ₵600,000 | ₵950,000 | ₵1,500,000 | ₵5,500 | indicative |
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%
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 = ₵11.34) — 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
| Neighborhood | Median | Per sqm | Days |
|---|---|---|---|
| Dansoman | ₵850,000 | ₵5,200 | 65 |
| Adenta | ₵1,100,000 | ₵6,000 | 55 |
| Tema Community 1 | ₵1,300,000 | ₵7,000 | 50 |
| Kasoa | ₵600,000 | ₵4,000 | 75 |
| Ridge | $185,000 | $1,650 | 80 |
Common questions
How much is a house in Madina?
The median 3br house in Madina asks ₵950,000. Budget 8% off — the realistic transaction range runs ₵874,000 to ₵950,000.What is the price per square metre in Madina?
About ₵5,500 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 Madina?
Yes. Expect roughly 8% off the asking price here — mid-market sellers hold firmer, so move decisively.Is Madina 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 Madina?
Around 60 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 Madina?
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 Madina
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 →