Authored by the expert who managed and guided the team behind the Ghana Property Pack
Yes, the analysis of Accra's property market is included in our pack
If you're looking to buy a house in Accra in 2026, you're probably wondering how much you'll actually need to spend, which neighborhoods fit your budget, and what extra costs might catch you off guard.
This guide breaks down real house prices in Accra right now, from the cheapest livable options to premium neighborhoods like Cantonments and East Legon, using fresh data from local listings platforms and official government sources.
We constantly update this blog post to reflect the latest market conditions, exchange rates, and regulatory changes.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Accra.
How much do houses cost in Accra as of 2026?
What's the median and average house price in Accra as of 2026?
As of early 2026, the median house price in Accra is around GHS 2,060,000, which works out to approximately USD 188,000 or EUR 157,500 at current Bank of Ghana interbank rates.
Most house buyers in Accra will find that roughly 80% of listings fall between GHS 600,000 and GHS 5,500,000 (about USD 55,000 to USD 500,000 or EUR 46,000 to EUR 420,000), giving you a realistic sense of what's actually on the market.
The gap between Accra's median and average house price is significant because luxury properties in areas like Cantonments and Airport Residential push the average much higher, often to GHS 2,400,000 to GHS 2,600,000, which means the "average" doesn't reflect what most buyers actually pay.
At the median price of around GHS 2,060,000 in Accra, you can realistically expect a 3 to 4 bedroom house with basic modern finishing in a middle-market area like parts of Spintex, Tema Community, or the Adenta corridor, though you would need to budget extra for backup power systems and water storage that many Accra homeowners consider essential.
What's the cheapest livable house budget in Accra as of 2026?
As of early 2026, the minimum budget for a livable house in Accra is around GHS 450,000 to GHS 650,000, which translates to approximately USD 41,000 to USD 59,000 or EUR 34,000 to EUR 50,000.
At this entry-level price point in Accra, "livable" typically means a completed house with basic finishing, functional plumbing and electrical, and a proper title, though you may face compromises on road access, water pressure reliability, or proximity to main commercial areas.
These cheapest livable houses in Accra are usually found in peri-urban areas like Ningo Prampram, Oyibi, parts of Ga West Municipal, and Kpone Katamanso, where land is more affordable but commute times to central Accra can be substantial.
Wondering what you can get? We cover all the buying opportunities at different budget levels in Accra here.
How much do 2 and 3-bedroom houses cost in Accra as of 2026?
As of early 2026, a typical 2-bedroom house in Accra costs around GHS 1,050,000 (approximately USD 96,000 or EUR 80,000), while a 3-bedroom house runs about GHS 1,550,000 (roughly USD 141,500 or EUR 118,500).
For a 2-bedroom house in Accra, you should realistically budget between GHS 700,000 and GHS 2,000,000 (USD 64,000 to USD 183,000 or EUR 53,500 to EUR 153,000), depending heavily on neighborhood and finishing quality.
A 3-bedroom house in Accra typically falls within a range of GHS 1,000,000 to GHS 3,000,000 (USD 91,000 to USD 274,000 or EUR 76,500 to EUR 229,500), with prices at the higher end found in expat-friendly areas with better infrastructure.
Moving from a 2-bedroom to a 3-bedroom house in Accra typically adds about GHS 500,000 (roughly USD 46,000 or EUR 38,000), representing a premium of approximately 48%, which reflects both the extra space and the fact that 3-bedroom houses often come with better finishing and larger compounds.
How much do 4-bedroom houses cost in Accra as of 2026?
As of early 2026, a typical 4-bedroom house in Accra costs around GHS 2,560,000, which is approximately USD 234,000 or EUR 196,000 at current exchange rates.
For a 5-bedroom house in Accra, expect to pay within a range of GHS 3,000,000 to GHS 5,000,000 (USD 274,000 to USD 457,000 or EUR 229,500 to EUR 382,500), with the typical listing around GHS 3,540,000.
A 6-bedroom house in Accra generally falls between GHS 4,200,000 and GHS 5,500,000 (USD 383,500 to USD 502,000 or EUR 321,000 to EUR 420,500), reflecting the premium for larger plots, staff quarters, and additional amenities like swimming pools and generator rooms that are common at this size.
Please note that we give much more detailed data in our pack about the property market in Accra.
How much do new-build houses cost in Accra as of 2026?
As of early 2026, a new-build house in Accra typically costs around GHS 2,270,000 to GHS 2,470,000 (approximately USD 207,000 to USD 225,500 or EUR 173,500 to EUR 189,000) for a property comparable to the median existing house.
New-build houses in Accra carry a premium of roughly 10% to 20% compared to older resale houses in the same area, reflecting modern finishing, inverter and generator readiness, proper water storage systems, and fewer immediate repair needs that buyers increasingly expect.
How much do houses with land cost in Accra as of 2026?
As of early 2026, a house with meaningful extra land in Accra typically costs GHS 3,200,000 to GHS 3,600,000 (approximately USD 292,000 to USD 329,000 or EUR 244,500 to EUR 275,000) for a property comparable to a standard 4-bedroom house on a tighter plot.
In Accra, a "house with land" usually means a plot large enough for expansion, a proper garden, and ample parking, which typically starts at around 0.25 to 0.5 acres, representing a 25% to 40% premium over similar houses on compact plots.
We cover everything there is to know about land prices in Accra here.
Thinking of buying real estate in Accra?
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Where are houses cheapest and most expensive in Accra as of 2026?
Which neighborhoods have the lowest house prices in Accra as of 2026?
As of early 2026, the neighborhoods with the lowest house prices in Accra include Ningo Prampram, Ga West Municipal, Kpone Katamanso, and parts of the Oyibi corridor, where buyers can find houses well below the city-wide median.
In these cheaper Accra neighborhoods, typical house prices range from GHS 450,000 to GHS 1,200,000 (approximately USD 41,000 to USD 110,000 or EUR 34,400 to EUR 92,000), making them accessible for first-time buyers and investors looking for growth potential.
These areas have lower house prices in Accra mainly because they sit on the urban fringe where infrastructure like reliable piped water, well-maintained roads, and consistent electricity can be inconsistent, and commute times to commercial centers like Airport City or Osu can exceed an hour during peak traffic.
Which neighborhoods have the highest house prices in Accra as of 2026?
As of early 2026, the top three neighborhoods with the highest house prices in Accra are Cantonments, Airport Residential Area, and East Legon, which consistently command premium prices far above the city median.
In these most expensive Accra neighborhoods, typical house prices range from GHS 3,500,000 to GHS 10,000,000 and higher (approximately USD 320,000 to USD 913,000+ or EUR 268,000 to EUR 765,000+), with exceptional properties exceeding GHS 15,000,000.
These neighborhoods command the highest prices in Accra because they offer proximity to embassies, top international schools, and corporate headquarters, combined with 24-hour security, reliable utilities (often with redundant systems), and mature, tree-lined streets that create a distinctly different living experience from most of the city.
Buyers in these premium Accra neighborhoods are typically senior diplomats, executives of multinational companies, wealthy diaspora Ghanaians returning home, and successful local business owners who prioritize security, convenience, and prestige over value for money.
How much do houses cost near the city center in Accra as of 2026?
As of early 2026, houses near central Accra in areas like Cantonments, Ridge, Labone, Osu, and Airport Residential typically cost between GHS 3,500,000 and GHS 9,000,000 (approximately USD 320,000 to USD 822,000 or EUR 268,000 to EUR 688,000), reflecting their prime location and infrastructure advantages.
Houses near major transit corridors in Accra, such as the Spintex Road axis, Ring Road, and Tema Motorway access points, tend to price above the city median at around GHS 2,500,000 to GHS 4,500,000 (USD 228,000 to USD 411,000 or EUR 191,000 to EUR 344,000), though prices drop as you move further from the interchanges.
Near top international schools in Accra like the American International School in East Legon, Ghana International School in Cantonments, and Lincoln Community School on the Airport side, house prices typically range from GHS 4,000,000 to GHS 8,000,000 (USD 365,000 to USD 730,500 or EUR 306,000 to EUR 612,000), as families pay a significant premium for school-run convenience.
In expat-popular areas of Accra such as Cantonments, Labone, Airport Residential, East Legon, and Roman Ridge, expect house prices between GHS 4,000,000 and GHS 12,000,000 (USD 365,000 to USD 1,096,000 or EUR 306,000 to EUR 917,500), driven by demand for secure compounds, reliable services, and proximity to international amenities.
We actually have an updated expat guide for Accra here.
How much do houses cost in the suburbs in Accra as of 2026?
As of early 2026, a typical house in Accra's suburbs costs between GHS 900,000 and GHS 2,500,000 (approximately USD 82,000 to USD 228,000 or EUR 69,000 to EUR 191,000), offering significantly more space for your money compared to central areas.
Suburban houses in Accra typically cost 40% to 60% less than comparable properties in city-center neighborhoods, which means a 4-bedroom house that would cost GHS 5,000,000 in Cantonments might sell for GHS 2,000,000 to GHS 3,000,000 in areas like Adenta or parts of Tema.
The most popular suburbs for house buyers in Accra include Adenta, Tema (especially Communities 18-25), Ga East, Oyarifa on the Aburi road direction, and parts of Ga West, all of which offer newer housing stock and growing amenities while remaining accessible to central Accra.
What areas in Accra are improving and still affordable as of 2026?
As of early 2026, the top improving yet still affordable areas for house buyers in Accra include the Adenta-Oyibi axis, Tema and its surrounding communities, and the Spintex corridor spillover zones, all of which show rising search interest without matching prime-area prices.
In these improving Accra neighborhoods, current typical house prices range from GHS 1,000,000 to GHS 2,500,000 (approximately USD 91,000 to USD 228,000 or EUR 76,500 to EUR 191,000), representing meaningful savings compared to established expat areas.
The main sign of improvement driving buyer interest in these areas is the combination of new housing supply, road infrastructure upgrades connecting to central Accra, and the emergence of shopping centers and services that reduce dependence on the city center for daily needs.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Accra.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Ghana versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What extra costs should I budget for a house in Accra right now?
What are typical buyer closing costs for houses in Accra right now?
When buying a house in Accra, you should budget approximately 3% to 7% of the purchase price for total closing costs, plus additional funds if title documentation requires cleanup.
The main closing cost categories for house buyers in Accra include stamp duty at around 0.25% to 1% of assessed value, Lands Commission processing and registration fees, legal fees which commonly run 1% to 3% of the purchase price, valuation and survey costs, and for non-Ghanaians, additional legal work to properly structure leasehold ownership under the Land Act framework.
Legal fees are usually the largest single closing cost for house buyers in Accra, particularly for foreign buyers who need thorough due diligence on title history, lease terms, and head-lessor authority, which can push legal costs toward the higher end of the 1% to 3% range.
We cover all these costs and what are the strategies to minimize them in our property pack about Accra.
How much are property taxes on houses in Accra right now?
Annual property taxes on a typical owner-occupied house in Accra run approximately GHS 600 to GHS 3,000 per year (roughly USD 55 to USD 274 or EUR 46 to EUR 229), with higher amounts for larger or more valuable properties.
Property tax in Accra is calculated based on assembly property rates set by local government, which assess properties according to their classification and value, so the fastest way to get an exact figure is to ask the seller for the latest assembly bill before you buy.
If you want to go into more details, we also have a page with all the property taxes and fees in Accra.
How much is home insurance for a house in Accra right now?
Home insurance for a house in Accra typically costs around 0.15% to 0.35% of the building sum insured per year, which works out to approximately GHS 3,000 to GHS 7,000 annually (USD 274 to USD 639 or EUR 229 to EUR 535) for a house insured at GHS 2,000,000.
The main factors affecting home insurance premiums in Accra include construction type (standard materials qualify for better rates), security features, proximity to flood-prone areas, whether the property is continuously occupied, and the excess amount you choose, with some policies excluding certain perils unless specifically added.
What are typical utility costs for a house in Accra right now?
Monthly utility costs for a house in Accra typically total between GHS 520 and GHS 1,650 (approximately USD 47 to USD 151 or EUR 40 to EUR 126), covering electricity, water, and basic connectivity, though costs can run higher if you use air conditioning heavily or need frequent water tanker deliveries.
The main utility categories for houses in Accra break down as follows: electricity at GHS 400 to GHS 1,200 per month depending on AC usage and appliances, water at GHS 120 to GHS 450 per month including occasional tanker top-ups in low-pressure zones, and internet which is typically billed separately and varies by provider and speed.
What are common hidden costs when buying a house in Accra right now?
Common hidden costs that house buyers in Accra often overlook can add GHS 30,000 to GHS 100,000 or more (approximately USD 2,740 to USD 9,130 or EUR 2,290 to EUR 7,650) to your total spending, depending on the property's condition and your resilience needs.
Inspection fees in Accra typically run GHS 2,500 to GHS 8,000 (approximately USD 228 to USD 730 or EUR 191 to EUR 612) for a comprehensive structural, electrical, and plumbing assessment, with larger or more complex houses at the higher end of this range.
Beyond inspections, other common hidden costs for house buyers in Accra include backup power setup (inverter, batteries, generator, and changeover switch), water storage tanks and pump systems, drainage and flood mitigation work, security improvements like fencing and cameras, and title documentation cleanup if records are incomplete.
The hidden cost that tends to surprise first-time house buyers in Accra the most is the backup power and water resilience setup, which can easily cost GHS 20,000 to GHS 50,000 (USD 1,830 to USD 4,570) and is essentially mandatory for comfortable living in many neighborhoods due to inconsistent mains supply.
You will find here the list of classic mistakes people make when buying a property in Accra.
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What do locals and expats say about the market in Accra as of 2026?
Do people think houses are overpriced in Accra as of 2026?
As of early 2026, the general sentiment among both locals and expats in Accra is that houses in prime areas like Cantonments, East Legon, and Airport Residential feel expensive relative to what you get, though many acknowledge that limited quality supply in desirable neighborhoods keeps prices high.
Houses in Accra typically stay on the market for 2 to 5 months before selling, with well-priced properties in prime areas moving in 1 to 3 months and overpriced or complicated listings lingering for 6 months or longer.
The main reason locals and expats cite for feeling house prices are high in Accra is that prime-area prices are benchmarked to what high-income locals, diaspora buyers, and corporate housing budgets can pay, which creates a disconnect with what average Ghanaian salaries can afford.
Compared to one or two years ago, sentiment on Accra house prices has shifted from "prices are rising fast" to "prices are holding but more negotiable," reflecting the sharp fall in inflation by December 2025 and the January 2026 policy rate cut to 15.5%, which together have reduced urgency without triggering a price crash.
You'll find our latest property market analysis about Accra here.
Are prices still rising or cooling in Accra as of 2026?
As of early 2026, house prices in Accra are best described as selective and slower rather than either surging or crashing, with prime areas holding value while peripheral markets show more room for negotiation.
Year-over-year house price growth in Accra has moderated to an estimated 5% to 8% in early 2026, down from the double-digit increases seen in some segments during 2023-2024, as inflation cooling and improved economic stability have reduced panic buying.
Looking ahead 6 to 12 months, experts and local market watchers expect Accra house prices to continue growing at a moderate 5% to 10% pace, supported by ongoing urbanization and housing demand, but with the most liquid submarkets like Tema, East Legon, and Airport Residential likely outperforming while fringe areas stay more negotiable.
Finally, please note that we have covered property price trends and forecasts for Accra here.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Ghana. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Accra, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's trustworthy | How we used it |
|---|---|---|
| Ghana Property Centre | Largest property listings platform in Ghana with transparent methodology. | We used it as our main dataset for Accra house prices by bedroom count and neighborhood. We also analyzed their demand trends to identify hot and improving areas. |
| Bank of Ghana | Official central bank publishing the reference exchange rate. | We used their interbank rates to convert all GHS prices to USD and EUR consistently. We anchored conversions to the January 2026 rate of GHS 10.95 per dollar. |
| Ghana Statistical Service | Official national statistics agency publishing inflation and economic data. | We used their December 2025 CPI bulletin to contextualize affordability pressures and validate that inflation has cooled, which affects pricing expectations. |
| Ghana Revenue Authority | Official tax authority explaining stamp duty and related charges. | We used their stamp duty guidance and the Stamp Duty Act to explain buyer closing costs. We also referenced their documentation for transfer tax calculations. |
| Lands Commission | Official land administration body publishing registration fees. | We used their fee schedule to validate that registration and title searches carry official costs. We referenced this when explaining closing cost components. |
| Land Act 2020 (GhaLII) | Consolidated legal text from a reputable legal information institute. | We used it to explain that foreigners typically acquire leasehold rather than freehold. We referenced it for due diligence and ownership structuring guidance. |
| Ghana News Agency (PURC coverage) | National wire service quoting official regulatory decisions. | We used their reporting on the January 2026 utility tariff increases to calculate realistic monthly electricity and water costs for homeowners. |
| IMF Ghana Country Page | Top-tier international organization with standardized economic projections. | We used their macro projections to contextualize market sentiment and validate that economic conditions support continued housing demand. |
| Enterprise Insurance | Major regulated Ghanaian insurer with retail product documentation. | We used their home insurance product page to understand what perils are typically covered locally and estimate realistic annual premiums. |
| National Insurance Commission | Official insurance regulator overseeing Ghana's insurance market. | We referenced their regulatory framework to confirm home insurance operates within a licensed market, which matters for expats choosing insurers. |
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