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

Moriyama 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
¥17.0M
¥226k/m²
Median house price (land + building)
¥40.0M
Residential land per m² (sales)
¥140k/m²
+16.7% over 5 years
Transactions in 2025
351
#33 of 61 areas in Aichi by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 2.5% a year over the past five years, faster than the 0.9% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Lagging Aichi

Per m², condos here are 28% below the Aichi average. Ten years ago the gap was 5%, so Moriyama Ward, Nagoya City has been falling behind the rest of Aichi.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 76% 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

86% 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 12% 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 ¥8.4M and ¥23.0M. Listings outside that range are either unusual properties or worth a closer look.

A stable population

The population was roughly stable between 2020 and 2025 (−1.2% for the wider area). More people moved in than out in 2025, a net gain of about 3.2 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

10.1% of homes were empty in 2023 (11.8% for the wider area), and 3.1% 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 25.2 years of the area's median rent (¥56k 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.

Moderate earthquake risk

The government's seismic model gives a 27% 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 +3% in the year to January 2026 and +17% 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, 46% are inside the worst-case flood zone (30% 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 Moriyama Ward, Nagoya City: people, homes and risks

Population 2025
176,201
-0.2% since 2020
Aichi: -1.2%
Net moves in 2025
+563
+3.2 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
10.1%
3.1% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥56k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
27.3%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥137k/m²
+3.4% in a year · +17.1% in 5 years
Aichi: ¥109k/m²
Flood exposure
45.5%
of 44 benchmark sites in a worst-case flood zone (29.5% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 44 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 Moriyama 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-priced2025 Q4

¥7.0M

¥93k/m²

  • Otanicho
  • Kitayama(Aichi) · 8 min walk
  • 3LDK · 75 m²
  • Built 1987 (38 yrs) · RC
Typical2025 Q4

¥17.0M

¥213k/m²

  • Sekohigashi
  • Shin Moriyama · 14 min walk
  • 4LDK · 80 m²
  • Built 1997 (28 yrs) · SRC
Higher-priced2025 Q3

¥27.0M

¥360k/m²

  • Omori
  • Omori/Kinjogakuin Mae · 2 min walk
  • 3LDK · 75 m²
  • Built 2009 (16 yrs) · RC

House

Lower-priced2026 Q2

¥25.0M

¥179k/m²

  • Otanicho
  • Kitayama(Aichi) · 13 min walk
  • Land 270 m² · floor 140 m²
  • Built 1974 (52 yrs) · SRC
Typical2026 Q2

¥39.0M

¥371k/m²

  • Amakoda
  • Omori/Kinjogakuin Mae · 23 min walk
  • Land 130 m² · floor 105 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q2

¥55.0M

¥500k/m²

  • Otanicho
  • Kitayama(Aichi) · 13 min walk
  • Land 120 m² · floor 110 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥14.0M¥32.5M
2006¥12.5M¥34.5M
2007¥13.0M¥36.0M
2008¥13.5M¥35.0M
2009¥13.5M¥33.0M
2010¥13.0M¥31.0M
2011¥14.0M¥32.0M
2012¥12.0M¥33.0M
2013¥13.0M¥31.0M
2014¥14.0M¥30.0M
2015¥16.0M¥32.0M
2016¥16.0M¥34.0M
2017¥14.5M¥35.0M
2018¥14.0M¥33.0M
2019¥15.0M¥32.0M
2020¥14.0M¥34.0M
2021¥18.0M¥35.0M
2022¥20.0M¥37.0M
2023¥18.0M¥37.0M
2024¥18.0M¥37.0M
2025¥17.0M¥40.0M
2026 (partial)–¥38.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 43% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has narrowed over the decade as house prices caught up.
¥0¥100k¥200k¥300k¥400k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥187k/m²¥269k/m²¥110k/m²
2006¥176k/m²¥304k/m²¥100k/m²
2007¥188k/m²¥307k/m²¥110k/m²
2008¥186k/m²¥300k/m²¥120k/m²
2009¥182k/m²¥290k/m²¥110k/m²
2010¥186k/m²¥282k/m²¥100k/m²
2011¥195k/m²¥271k/m²¥100k/m²
2012¥160k/m²¥287k/m²¥100k/m²
2013¥187k/m²¥274k/m²¥100k/m²
2014¥213k/m²¥267k/m²¥100k/m²
2015¥222k/m²¥276k/m²¥100k/m²
2016¥214k/m²¥304k/m²¥105k/m²
2017¥200k/m²¥300k/m²¥100k/m²
2018¥200k/m²¥300k/m²¥100k/m²
2019¥214k/m²¥310k/m²¥120k/m²
2020¥200k/m²¥316k/m²¥120k/m²
2021¥246k/m²¥330k/m²¥100k/m²
2022¥273k/m²¥341k/m²¥120k/m²
2023¥257k/m²¥340k/m²¥130k/m²
2024¥243k/m²¥324k/m²¥130k/m²
2025¥226k/m²¥345k/m²¥140k/m²
2026 (partial)–¥337k/m²¥120k/m²
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥368k/m²
1–¥350k/m²
2–¥402k/m²
5–¥310k/m²
6–¥336k/m²
18¥266k/m²–
20¥303k/m²–
21¥294k/m²–
22¥235k/m²–
24¥254k/m²–
26¥214k/m²–
27¥262k/m²¥224k/m²
28¥213k/m²–
29¥257k/m²¥159k/m²
30¥183k/m²–
31¥248k/m²–
32¥175k/m²–
33¥250k/m²–
34–¥174k/m²
50–¥100k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k¥400k2006200820102012201420162018202020222024

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
2006¥186k/m²–
2007¥186k/m²–
2008¥187k/m²–
2009¥176k/m²–
2010¥176k/m²–
2011¥186k/m²–
2012¥154k/m²–
2013¥186k/m²–
2014¥186k/m²–
2015¥200k/m²¥271k/m²
2016¥200k/m²¥271k/m²
2017¥186k/m²–
2018¥187k/m²–
2019¥213k/m²–
2020¥200k/m²–
2021¥241k/m²¥300k/m²
2022¥216k/m²–
2023¥215k/m²¥307k/m²
2024¥215k/m²–
2025¥215k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20052007200920112013201520172019202120232025

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––¥345k/m²–
2006¥173k/m²¥204k/m²¥323k/m²–
2007–¥200k/m²¥336k/m²–
2008–¥232k/m²¥327k/m²–
2009¥185k/m²¥163k/m²¥308k/m²–
2010–¥194k/m²¥300k/m²–
2011–¥166k/m²–¥297k/m²
2012–¥161k/m²–¥326k/m²
2013–¥185k/m²–¥305k/m²
2014–¥146k/m²–¥293k/m²
2015–¥155k/m²–¥318k/m²
2016–––¥324k/m²
2017–¥150k/m²–¥330k/m²
2018–¥156k/m²–¥327k/m²
2019–––¥324k/m²
2020–¥192k/m²–¥330k/m²
2021–¥167k/m²–¥326k/m²
2024–¥170k/m²––
2025–¥205k/m²––

Prices near train stations in Moriyama 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
Shin Moriyama (新守山)¥16.5M¥227k/m²¥42.0M10116
Obata(Aichi) (小幡)¥22.0M¥274k/m²¥40.0M12111
Hyotan Yama(Aichi) (瓢箪山(愛知))¥17.0M¥227k/m²¥40.0M987
Jinryo (神領)––¥37.5M2461
Kitayama(Aichi) (喜多山(愛知))¥15.5M¥229k/m²¥37.0M857
Omori/Kinjogakuin Mae (大森・金城学院前)¥13.5M¥193k/m²¥40.0M1151
Fujigaoka(Aichi) (藤が丘(愛知))¥14.0M¥200k/m²¥34.5M2041
Moriyama Jieitai Mae (守山自衛隊前)¥18.5M¥262k/m²¥35.0M836
Kozoji (高蔵寺)––¥33.0M2436
Inba (印場)––¥39.0M1622
Kami Iida (上飯田)––¥30.0M1317

Used condo prices by layout in Moriyama Ward, Nagoya City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥17.0M70 m²109
4LDK¥21.0M80 m²37
2LDK¥15.5M65 m²22

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

The median used condo (mansion) in Moriyama Ward, Nagoya City sold for ¥17.0M in 2025, about ¥226k/m², based on 56 recorded sales.

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

The median house sale, including the land, was ¥40.0M in 2025 across 162 sales.

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

Over the five years to 2025, condo prices per m² changed +12.9% and residential land prices changed +16.7%.

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.