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

Owariasahi 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
¥8.0M
¥123k/m²
Median house price (land + building)
¥37.0M
Residential land per m² (sales)
¥120k/m²
+21.2% over 5 years
Transactions in 2025
196
#58 of 61 areas in Aichi by price per m²

What the data says

Steady, predictable growth

House prices per m² have climbed about 2.6% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Outperforming Aichi

Per m², houses here are 13% above the Aichi average. The premium has grown from 2% ten years ago, so Owariasahi City has been outperforming its surroundings.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 126% 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

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.

What a typical purchase costs

Half of all house sales last year were between ¥27.8M and ¥44.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 0.8% between 2020 and 2025 (−1.2% for the wider area). More people moved in than out in 2025, a net gain of about 3.1 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

9.6% of homes were empty in 2023 (11.8% for the wider area), and 4.6% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +1% in the year to January 2026 and +10% 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, 9% 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 Owariasahi City: people, homes and risks

Population 2025
82,469
-0.8% since 2020
Aichi: -1.2%
Net moves in 2025
+252
+3.06 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
9.6%
4.6% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥60k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
26.7%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥111k/m²
+1.3% in a year · +9.6% in 5 years
Aichi: ¥109k/m²
Flood exposure
8.7%
of 23 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 23 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 Owariasahi 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

¥6.0M

¥120k/m²

  • Asahimaecho
  • Inba · 3 min walk
  • 2LDK · 50 m²
  • Built 1978 (47 yrs) · RC
Typical2026 Q1

¥13.0M

¥200k/m²

  • Minamihonjigaharacho
  • Fujigaoka(Aichi) · 29 min walk
  • 3LDK · 65 m²
  • Built 1993 (33 yrs) · RC
Higher-priced2025 Q3

¥17.0M

¥243k/m²

  • Toeicho
  • Sango(Aichi) · 9 min walk
  • 3LDK · 70 m²
  • Built 1993 (32 yrs) · SRC

House

Lower-priced2026 Q1

¥23.0M

¥230k/m²

  • Sakuragaokacho
  • Inba · 6 min walk
  • Land 125 m² · floor 100 m²
  • Built 1997 (29 yrs) · Wood
Typical2025 Q3

¥36.0M

¥343k/m²

  • Higashidaidocho
  • Owari Asahi · 3 min walk
  • Land 120 m² · floor 105 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2026 Q1

¥45.0M

¥391k/m²

  • Kitayamacho
  • Owari Asahi · 10 min walk
  • Land 130 m² · floor 115 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥8.4M¥28.5M
2008¥9.8M¥27.0M
2009¥11.0M¥31.0M
2010¥10.0M¥27.0M
2011¥11.0M¥28.0M
2012¥9.2M¥28.0M
2013¥9.3M¥29.0M
2014¥9.9M¥28.5M
2015¥10.3M¥31.0M
2016¥12.0M¥30.0M
2017¥9.5M¥31.0M
2018¥9.2M¥30.0M
2019¥11.0M¥30.0M
2020¥13.5M¥34.0M
2021¥12.0M¥33.0M
2022¥9.9M¥34.0M
2023¥11.5M¥36.0M
2024–¥37.0M
2025¥8.0M¥37.0M
2026 (partial)––
Median price per m² by year
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥127k/m²¥242k/m²¥110k/m²
2008¥139k/m²¥227k/m²¥100k/m²
2009¥150k/m²¥284k/m²¥88k/m²
2010¥150k/m²¥248k/m²¥97k/m²
2011¥150k/m²¥255k/m²¥105k/m²
2012¥134k/m²¥255k/m²¥94k/m²
2013¥133k/m²¥270k/m²¥97k/m²
2014¥132k/m²¥251k/m²¥93k/m²
2015¥157k/m²¥250k/m²¥100k/m²
2016¥171k/m²¥270k/m²¥96k/m²
2017¥140k/m²¥281k/m²¥97k/m²
2018¥131k/m²¥276k/m²¥110k/m²
2019¥157k/m²¥286k/m²¥100k/m²
2020¥182k/m²¥287k/m²¥99k/m²
2021¥160k/m²¥286k/m²¥110k/m²
2022¥141k/m²¥291k/m²¥110k/m²
2023¥159k/m²¥280k/m²¥120k/m²
2024–¥309k/m²¥110k/m²
2025¥123k/m²¥341k/m²¥120k/m²
2026 (partial)––¥135k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥345k/m²
1–¥333k/m²
30–¥185k/m²
48¥60k/m²–
50–¥80k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k200720092011201320152017201920212023

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
2007–¥317k/m²–
2008¥190k/m²¥287k/m²–
2009¥200k/m²¥300k/m²–
2010¥167k/m²¥284k/m²–
2011¥188k/m²–¥313k/m²
2012––¥295k/m²
2013––¥296k/m²
2014––¥292k/m²
2015¥164k/m²–¥283k/m²
2016¥161k/m²–¥302k/m²
2017¥163k/m²–¥300k/m²
2018––¥305k/m²
2019––¥296k/m²
2020––¥329k/m²
2021¥146k/m²––
2022¥161k/m²––
2023¥152k/m²––
2024¥183k/m²––

Prices near train stations in Owariasahi City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Sango(Aichi) (三郷(愛知))¥12.5M¥161k/m²¥33.0M13113
Fujigaoka(Aichi) (藤が丘(愛知))¥6.6M¥86k/m²¥35.0M2564
Owari Asahi (尾張旭)––¥36.0M1154
Asahi Mae (旭前)¥5.9M¥91k/m²¥40.0M951
Inba (印場)¥15.0M¥218k/m²¥33.0M743

Used condo prices by layout in Owariasahi City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥12.0M70 m²51
4LDK¥14.5M85 m²12
2LDK¥5.5M52.5 m²10

How much does an apartment cost in Owariasahi City?

The median used condo (mansion) in Owariasahi City sold for ¥8.0M in 2025, about ¥123k/m², based on 27 recorded sales.

How much does a house cost in Owariasahi City?

The median house sale, including the land, was ¥37.0M in 2025 across 84 sales.

Are property prices in Owariasahi City going up?

Over the five years to 2025, condo prices per m² changed -32.1% and residential land prices changed +21.2%.

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.