Nagoya Castle, Nagoya, Aichi
Photo: Nagoya Castle, Nagoya, Aichi · Shuken Nakamura / Unsplash

Chikusa Ward, Nagoya City Housing Market Report 2025

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median used condo price
¥27.0M
¥510k/m²
Median house price (land + building)
¥62.0M
Residential land per m² (sales)
¥325k/m²
+12.1% over 5 years
Transactions in 2025
409
#4 of 61 areas in Aichi by price per m²

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 4.4% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Lagging Aichi

Per m², condos here are 52% above the Aichi average. The premium was 63% ten years ago, so the rest of Aichi has been catching up.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 92% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

A family market

50% of recent condo sales have three or more bedrooms. Demand comes mainly from owner-occupier families, which tends to make prices steadier but rental yields lower.

Sales are thinning out

Transactions are down about 10% on the previous three years. Fewer sales mean less choice and slower resale, so allow more time to sell later.

What a typical purchase costs

Half of all condo sales last year were between ¥15.3M and ¥45.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 4.6% between 2020 and 2025 (−1.2% for the wider area). More people moved in than out in 2025, a net gain of about 3.4 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

14.5% of homes were empty in 2023 (11.8% for the wider area), and 2.8% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Buying vs renting

A median used condo costs about 35.9 years of the area's median rent (¥63k a month), compared with 30 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 38% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Official land prices are rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +4% in the year to January 2026 and +22% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 8% are inside the worst-case flood zone. Most worst-case flood zones are shallow (under 0.5 m) at the edges, so depth matters as much as the share. Check the hazard map for any specific address before buying.

Living in Chikusa Ward, Nagoya City: people, homes and risks

Population 2025
172,815
+4.6% since 2020
Aichi: -1.2%
Net moves in 2025
+580
+3.36 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
14.5%
2.8% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥63k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
37.7%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥320k/m²
+3.6% in a year · +22.1% in 5 years
Aichi: ¥109k/m²
Flood exposure
8.3%
of 48 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 48 benchmark sites in a landslide warning area
Aichi: 0.4%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT). Earthquake probability is measured at the municipal center.

Example sales in Chikusa Ward, Nagoya City

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

Condo

Lower-priced2026 Q2

¥19.0M

¥950k/m²

  • Imaike
  • Imaike(Aichi) · 4 min walk
  • 1K · 20 m²
  • Built 2023 (3 yrs) · RC
Typical2026 Q2

¥33.0M

¥471k/m²

  • Koyocho
  • Ikeshita · 8 min walk
  • 3LDK · 70 m²
  • Built 1999 (27 yrs) · RC
Higher-priced2026 Q1

¥55.0M

¥846k/m²

  • Tashirocho
  • Kakuozan · 10 min walk
  • 3LDK · 65 m²
  • Built 2023 (3 yrs) · RC

House

Lower-priced2026 Q2

¥44.0M

¥463k/m²

  • Nishiyamamotomachi
  • Kakuozan · 9 min walk
  • Land 60 m² · floor 95 m²
  • Built 2022 (4 yrs) · Wood
Typical2026 Q1

¥61.0M

¥610k/m²

  • Kandacho
  • Imaike(Aichi) · 13 min walk
  • Land 125 m² · floor 100 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q1

¥130M

¥464k/m²

  • Mitsukecho
  • Motoyama(Aichi) · 2 min walk
  • Land 260 m² · floor 280 m²
  • Built 1999 (27 yrs) · RC
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M¥80.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥17.0M¥52.0M
2006¥18.0M¥47.0M
2007¥24.5M¥47.0M
2008¥20.0M¥53.0M
2009¥20.0M¥47.5M
2010¥21.0M¥47.0M
2011¥22.0M¥43.0M
2012¥15.0M¥42.0M
2013¥21.0M¥43.0M
2014¥24.0M¥48.0M
2015¥28.0M¥50.0M
2016¥27.0M¥48.0M
2017¥25.0M¥50.0M
2018¥28.0M¥53.0M
2019¥27.5M¥48.0M
2020¥27.0M¥46.0M
2021¥26.0M¥52.0M
2022¥30.5M¥57.0M
2023¥26.0M¥55.0M
2024¥29.0M¥57.0M
2025¥27.0M¥62.0M
2026 (partial)¥35.0M¥62.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 18% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space. That gap has widened over the decade as condo prices pulled ahead.
¥0¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥238k/m²¥350k/m²¥185k/m²
2006¥265k/m²¥301k/m²¥220k/m²
2007¥298k/m²¥350k/m²¥260k/m²
2008¥273k/m²¥349k/m²¥260k/m²
2009¥300k/m²¥389k/m²¥220k/m²
2010¥320k/m²¥335k/m²¥210k/m²
2011¥275k/m²¥292k/m²¥210k/m²
2012¥253k/m²¥340k/m²¥210k/m²
2013¥293k/m²¥343k/m²¥230k/m²
2014¥320k/m²¥370k/m²¥240k/m²
2015¥358k/m²¥348k/m²¥240k/m²
2016¥371k/m²¥376k/m²¥240k/m²
2017¥373k/m²¥374k/m²¥280k/m²
2018¥400k/m²¥428k/m²¥270k/m²
2019¥424k/m²¥409k/m²¥270k/m²
2020¥380k/m²¥400k/m²¥290k/m²
2021¥447k/m²¥450k/m²¥275k/m²
2022¥469k/m²¥419k/m²¥330k/m²
2023¥467k/m²¥414k/m²¥350k/m²
2024¥488k/m²¥368k/m²¥340k/m²
2025¥510k/m²¥453k/m²¥325k/m²
2026 (partial)¥520k/m²¥464k/m²¥400k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 17 years old and half by around 25. Prices keep falling by roughly 3.8% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥500k/m²
1–¥488k/m²
2¥775k/m²¥639k/m²
4¥761k/m²¥494k/m²
5¥707k/m²–
6¥646k/m²–
7¥720k/m²–
8¥619k/m²–
9¥600k/m²¥544k/m²
10¥750k/m²–
11¥648k/m²–
12¥600k/m²–
13¥595k/m²–
14¥608k/m²–
15¥600k/m²–
16¥650k/m²–
17¥500k/m²–
18¥514k/m²–
19¥471k/m²–
20¥472k/m²¥318k/m²
21¥450k/m²–
22¥492k/m²–
23¥460k/m²–
24¥439k/m²–
25¥388k/m²–
26¥363k/m²–
27¥367k/m²–
28¥307k/m²–
29¥305k/m²–
30¥292k/m²–
31–¥325k/m²
34–¥297k/m²
35¥200k/m²¥275k/m²
36¥193k/m²–
37¥215k/m²¥206k/m²
38¥213k/m²–
39¥227k/m²–
41–¥187k/m²
42¥215k/m²–
48¥194k/m²–
49¥207k/m²–
50¥188k/m²¥272k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k20052008201120142017202020232026

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1971-19801981-20002001-20102011-2020
2005–¥240k/m²––
2006–¥260k/m²¥357k/m²–
2007–¥259k/m²¥471k/m²–
2008¥174k/m²¥259k/m²¥442k/m²–
2009¥150k/m²¥257k/m²¥414k/m²–
2010¥141k/m²¥288k/m²¥427k/m²–
2011–¥231k/m²¥449k/m²–
2012–¥234k/m²¥388k/m²–
2013¥141k/m²¥214k/m²¥443k/m²–
2014¥167k/m²¥226k/m²¥424k/m²–
2015–¥251k/m²¥443k/m²¥546k/m²
2016¥174k/m²¥250k/m²¥457k/m²–
2017¥185k/m²¥255k/m²¥473k/m²¥547k/m²
2018¥188k/m²¥266k/m²¥469k/m²¥625k/m²
2019¥188k/m²¥300k/m²¥518k/m²¥618k/m²
2020–¥262k/m²¥456k/m²¥561k/m²
2021¥215k/m²¥240k/m²¥511k/m²¥625k/m²
2022¥188k/m²¥323k/m²¥511k/m²¥671k/m²
2023¥200k/m²¥260k/m²¥533k/m²¥676k/m²
2024–¥306k/m²¥538k/m²¥700k/m²
2025–¥273k/m²¥625k/m²¥743k/m²
2026 (partial)–¥415k/m²––
House price per m² by construction period
¥0¥200k¥400k¥600k2006200820102012201420162018202020222024

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1981-20002001-20102011-2020
2006¥295k/m²¥359k/m²–
2007¥275k/m²¥469k/m²–
2008¥286k/m²¥391k/m²–
2009–¥443k/m²–
2010¥258k/m²¥400k/m²–
2011¥225k/m²–¥339k/m²
2012¥267k/m²–¥400k/m²
2013¥230k/m²–¥381k/m²
2014¥252k/m²–¥429k/m²
2015¥282k/m²–¥453k/m²
2016¥294k/m²–¥442k/m²
2017¥230k/m²–¥439k/m²
2018¥300k/m²–¥512k/m²
2019¥307k/m²–¥436k/m²
2020¥281k/m²–¥424k/m²
2021––¥480k/m²
2022¥289k/m²––
2023¥267k/m²––
2024¥300k/m²––
2025¥320k/m²–¥525k/m²

Prices near train stations in Chikusa Ward, Nagoya City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Imaike(Aichi) (今池(愛知))¥17.0M¥640k/m²¥72.0M4152
Ikeshita (池下)¥19.0M¥312k/m²¥61.0M7134
Chayagasaka (茶屋ケ坂)¥25.0M¥338k/m²¥45.0M14119
Kakuozan (覚王山)¥36.0M¥538k/m²¥60.0M890
Motoyama(Aichi) (本山(愛知))¥35.5M¥450k/m²¥105M682
Fukiage(Aichi) (吹上(愛知))¥29.0M¥446k/m²¥51.5M781
Higashiyama Koen(Aichi) (東山公園(愛知))¥47.0M¥573k/m²¥88.5M580
Jiyugaoka(Aichi) (自由ケ丘(愛知))¥28.5M¥366k/m²¥54.0M1271
Chikusa (千種)¥22.0M¥578k/m²–540
Hoshigaoka(Aichi) (星ケ丘(愛知))¥48.5M¥602k/m²–428
Tsurumai (鶴舞)¥16.0M¥600k/m²–913

Used condo prices by layout in Chikusa Ward, Nagoya City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥39.0M75 m²203
1K¥14.0M20 m²108
2LDK¥35.0M65 m²75
4LDK¥36.0M87.5 m²60
1R¥2.3M15 m²29
1LDK¥22.0M40 m²29
2DK¥13.0M45 m²13

How much does an apartment cost in Chikusa Ward, Nagoya City?

The median used condo (mansion) in Chikusa Ward, Nagoya City sold for ¥27.0M in 2025, about ¥510k/m², based on 186 recorded sales.

How much does a house cost in Chikusa Ward, Nagoya City?

The median house sale, including the land, was ¥62.0M in 2025 across 135 sales.

Are property prices in Chikusa Ward, Nagoya City going up?

Over the five years to 2025, condo prices per m² changed +34.3% and residential land prices changed +12.1%.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.