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

Ichinomiya 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
¥13.5M
¥200k/m²
Median house price (land + building)
¥26.0M
-8.2% vs 2024
Residential land per m² (sales)
¥57k/m²
0.0% over 5 years
Transactions in 2025
644
#42 of 61 areas in Aichi by price per m²

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 0.2% a year, down from 3.5% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Lagging Aichi

Per m², condos here are 40% below the Aichi average. Ten years ago the gap was 21%, so Ichinomiya City has been falling behind the rest of Aichi.

A modest station premium

Condos within a 5-minute walk of a station sell for about 4% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

A family market

81% 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 14% 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 ¥9.8M and ¥19.3M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3% between 2020 and 2025 (−1.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 0.3% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

9.9% of homes were empty in 2023 (11.8% for the wider area), and 4.5% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Buying vs renting

A median used condo costs about 21.9 years of the area's median rent (¥51k a month), compared with 30 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

High earthquake risk

The government's seismic model gives a 57% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

Official land prices are edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +3% in the year to January 2026 and +12% over five years. They are still 39% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 99% are inside the worst-case flood zone (33% with expected depths of 3 m or more). 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 Ichinomiya City: people, homes and risks

Population 2025
368,755
-3.0% since 2020
Aichi: -1.2%
Net moves in 2025
-150
-0.41 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
9.9%
4.5% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥51k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
57.0%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥82k/m²
+2.5% in a year · +11.5% in 5 years
Aichi: ¥109k/m²
Flood exposure
98.6%
of 72 benchmark sites in a worst-case flood zone (33.3% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 72 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 Ichinomiya 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-priced2025 Q4

¥8.0M

¥123k/m²

  • Imaisechoumayose
  • Iwato · 9 min walk
  • 3LDK · 65 m²
  • Built 1993 (32 yrs) · SRC
Typical2026 Q2

¥14.0M

¥200k/m²

  • Sakae
  • Owari Ichinomiya · 7 min walk
  • 3LDK · 70 m²
  • Built 1991 (35 yrs) · SRC
Higher-priced2026 Q2

¥18.0M

¥240k/m²

  • Okucho
  • Tamanoi · 11 min walk
  • 3LDK · 75 m²
  • Built 1998 (28 yrs) · SRC

House

Lower-priced2025 Q4

¥12.0M

¥89k/m²

  • Okucho
  • Okucho · 6 min walk
  • Land 220 m² · floor 135 m²
  • Built 1990 (35 yrs) · Wood
Typical2026 Q2

¥27.0M

¥257k/m²

  • Chiakichokanomamba
  • Ishibotoke · 11 min walk
  • Land 185 m² · floor 105 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q2

¥40.0M

¥200k/m²

  • Takaki
  • Shima Ujinaga
  • Land 320 m² · floor 200 m²
  • Built 1995 (31 yrs) · SRC
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥12.5M¥31.0M
2008¥10.5M¥28.0M
2009¥11.0M¥29.0M
2010¥10.0M¥27.0M
2011¥12.0M¥27.0M
2012¥9.9M¥26.0M
2013¥12.0M¥26.0M
2014¥12.0M¥24.0M
2015¥13.0M¥28.0M
2016¥13.0M¥25.0M
2017¥13.0M¥26.0M
2018¥14.0M¥25.0M
2019¥14.0M¥26.0M
2020¥16.0M¥26.0M
2021¥15.0M¥28.0M
2022¥14.5M¥29.0M
2023¥15.0M¥29.0M
2024¥14.5M¥27.0M
2025¥13.5M¥26.0M
2026 (partial)–¥27.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 17% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has widened over the decade as condo prices pulled ahead.
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥171k/m²¥236k/m²¥56k/m²
2008¥141k/m²¥221k/m²¥53k/m²
2009¥141k/m²¥226k/m²¥54k/m²
2010¥143k/m²¥219k/m²¥49k/m²
2011¥169k/m²¥214k/m²¥47k/m²
2012¥151k/m²¥212k/m²¥51k/m²
2013¥163k/m²¥208k/m²¥54k/m²
2014¥158k/m²¥210k/m²¥51k/m²
2015¥170k/m²¥229k/m²¥59k/m²
2016¥176k/m²¥219k/m²¥57k/m²
2017¥185k/m²¥219k/m²¥57k/m²
2018¥188k/m²¥219k/m²¥56k/m²
2019¥175k/m²¥225k/m²¥59k/m²
2020¥214k/m²¥223k/m²¥57k/m²
2021¥188k/m²¥224k/m²¥59k/m²
2022¥200k/m²¥229k/m²¥54k/m²
2023¥200k/m²¥214k/m²¥59k/m²
2024¥194k/m²¥240k/m²¥61k/m²
2025¥200k/m²¥220k/m²¥57k/m²
2026 (partial)–¥231k/m²¥51k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥284k/m²
1–¥283k/m²
2–¥314k/m²
4–¥235k/m²
6–¥222k/m²
13–¥222k/m²
14–¥180k/m²
16–¥177k/m²
17–¥221k/m²
18¥266k/m²–
20–¥162k/m²
21¥240k/m²¥144k/m²
23¥190k/m²–
24¥187k/m²¥102k/m²
25¥214k/m²¥125k/m²
26¥213k/m²¥141k/m²
27¥214k/m²¥128k/m²
28¥186k/m²–
29¥175k/m²¥100k/m²
30¥145k/m²¥141k/m²
31¥125k/m²¥100k/m²
32–¥81k/m²
33–¥110k/m²
34–¥111k/m²
35–¥107k/m²
36–¥106k/m²
38–¥81k/m²
39–¥79k/m²
44–¥91k/m²
45–¥61k/m²
49–¥67k/m²
50–¥63k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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
Year1981-20002001-2010
2007¥169k/m²–
2008¥137k/m²–
2009¥139k/m²–
2010¥138k/m²–
2011¥146k/m²¥262k/m²
2012¥134k/m²–
2013¥125k/m²¥200k/m²
2014¥138k/m²¥271k/m²
2015¥146k/m²¥262k/m²
2016¥157k/m²¥244k/m²
2017¥155k/m²¥243k/m²
2018¥173k/m²–
2019¥171k/m²–
2020¥167k/m²–
2021¥175k/m²–
2022¥172k/m²¥264k/m²
2023¥186k/m²–
2024¥179k/m²–
2025¥160k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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
2007–¥136k/m²¥272k/m²–
2008¥112k/m²¥130k/m²¥257k/m²–
2009–¥121k/m²¥246k/m²–
2010¥113k/m²¥112k/m²¥240k/m²–
2011¥89k/m²¥113k/m²¥192k/m²¥235k/m²
2012–¥105k/m²–¥233k/m²
2013–¥121k/m²¥165k/m²¥243k/m²
2014¥76k/m²¥107k/m²–¥248k/m²
2015–¥110k/m²¥167k/m²¥257k/m²
2016¥92k/m²¥127k/m²¥170k/m²¥252k/m²
2017¥88k/m²¥108k/m²¥168k/m²¥250k/m²
2018¥77k/m²¥108k/m²–¥248k/m²
2019¥58k/m²¥111k/m²¥157k/m²¥260k/m²
2020¥73k/m²¥116k/m²–¥252k/m²
2021–¥118k/m²¥180k/m²¥276k/m²
2022–¥135k/m²–¥221k/m²
2023¥80k/m²¥115k/m²¥170k/m²–
2024–¥93k/m²––
2025–¥96k/m²–¥200k/m²
2026 (partial)–¥94k/m²––

Prices near train stations in Ichinomiya City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Owari Ichinomiya (尾張一宮)¥19.0M¥267k/m²¥33.0M14191
Myokoji (妙興寺)¥14.5M¥214k/m²¥30.0M1395
Okucho (奥町)¥11.0M¥129k/m²¥22.0M1890
Imaise (今伊勢)¥13.0M¥174k/m²¥32.0M1461
Shin Kisogawa (新木曽川)––¥26.0M1147
Kisogawa (木曽川)¥14.0M¥200k/m²¥21.0M845
Iwato (石刀)––¥22.0M1142
Tamanoi (玉ノ井)––¥20.5M935
Hagiwara(Aichi) (萩原(愛知))––¥21.0M1433
Inazawa (稲沢)––¥36.0M2832
Futago (二子)––¥19.0M1626
Ishibotoke (石仏)––¥25.0M2324
Kuroda(Aichi) (黒田(愛知))––¥24.5M1123
Nishi Ichinomiya (西一宮)¥16.0M¥212k/m²–923
Kaimei (開明)––¥26.0M1923

Used condo prices by layout in Ichinomiya City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥15.0M70 m²111
4LDK¥17.0M80 m²35
2LDK¥13.0M70 m²27

How much does an apartment cost in Ichinomiya City?

The median used condo (mansion) in Ichinomiya City sold for ¥13.5M in 2025, about ¥200k/m², based on 64 recorded sales.

How much does a house cost in Ichinomiya City?

The median house sale, including the land, was ¥26.0M in 2025 across 266 sales.

Are property prices in Ichinomiya City going up?

Over the five years to 2025, condo prices per m² changed -6.7% and residential land prices changed 0.0%.

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.