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

Showa 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
¥22.0M
¥333k/m²
Median house price (land + building)
¥59.0M
Residential land per m² (sales)
¥350k/m²
+20.7% over 5 years
Transactions in 2025
265
#13 of 61 areas in Aichi by price per m²

What the data says

The trend has turned down

After rising earlier, condo prices per m² have slipped by about 0.6% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Aichi

Per m², condos here are 7% above the Aichi average. The premium was 34% 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 129% 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

54% 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 17% 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 ¥3.8M and ¥37.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 1.5% between 2020 and 2025 (−1.2% for the wider area). Moves in and out roughly balanced in 2025.

Few abandoned homes

13.9% of homes were empty in 2023 (11.8% for the wider area), and 1.9% 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 31.6 years of the area's median rent (¥58k 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 44% 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 +16% 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.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

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

Population 2025
109,184
+1.5% since 2020
Aichi: -1.2%
Net moves in 2025
-83
-0.76 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
13.9%
1.9% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥58k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
44.2%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥327k/m²
+3.9% in a year · +15.7% in 5 years
Aichi: ¥109k/m²
Flood exposure
0.0%
of 22 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 22 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 Showa 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

¥3.5M

¥233k/m²

  • Motomiyacho
  • Fukiage(Aichi) · 13 min walk
  • 1K · 15 m²
  • Built 1989 (37 yrs) · RC
Typical2025 Q4

¥24.0M

¥320k/m²

  • Hirojihommachi
  • Gokiso · 5 min walk
  • 3LDK · 75 m²
  • Built 1986 (39 yrs) · SRC
Higher-priced2026 Q2

¥38.0M

¥543k/m²

  • Ayuchitoori
  • Gokiso · 5 min walk
  • 3LDK · 70 m²
  • Built 2014 (12 yrs) · SRC

House

Lower-priced2025 Q4

¥44.0M

¥550k/m²

  • Fukiagecho
  • Fukiage(Aichi) · 11 min walk
  • Land 150 m² · floor 80 m²
  • Built 1951 (74 yrs) · Wood
Typical2025 Q4

¥71.0M

¥789k/m²

  • Kitayamacho
  • Gokiso · 4 min walk
  • Land 95 m² · floor 90 m²
  • Built 2026 (0 yrs)
Higher-priced2025 Q3

¥140M

¥341k/m²

  • Kawanacho
  • Fukiage(Aichi) · 11 min walk
  • Land 250 m² · floor 410 m²
  • Built 1999 (26 yrs) · RC
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M¥80.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥13.5M¥45.0M
2006¥18.0M¥50.0M
2007¥19.0M¥52.0M
2008¥18.0M¥52.0M
2009¥18.0M¥44.0M
2010¥20.0M¥43.0M
2011¥21.0M¥52.5M
2012¥17.0M¥45.0M
2013¥18.0M¥45.0M
2014¥16.0M¥46.5M
2015¥21.5M¥49.0M
2016¥22.0M¥52.0M
2017¥23.0M¥52.0M
2018¥27.5M¥51.0M
2019¥29.0M¥48.0M
2020¥27.0M¥50.0M
2021¥24.0M¥49.5M
2022¥26.0M¥57.0M
2023¥27.0M¥61.0M
2024¥26.0M¥55.0M
2025¥22.0M¥59.0M
2026 (partial)¥26.5M–
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 19% 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¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥207k/m²¥364k/m²¥210k/m²
2006¥240k/m²¥327k/m²¥240k/m²
2007¥257k/m²¥319k/m²¥260k/m²
2008¥262k/m²¥320k/m²¥255k/m²
2009¥317k/m²¥329k/m²¥240k/m²
2010¥249k/m²¥305k/m²¥225k/m²
2011¥292k/m²¥400k/m²¥200k/m²
2012¥262k/m²¥333k/m²¥210k/m²
2013¥259k/m²¥367k/m²¥240k/m²
2014¥233k/m²¥343k/m²¥230k/m²
2015¥321k/m²¥377k/m²¥240k/m²
2016¥315k/m²¥405k/m²¥250k/m²
2017¥308k/m²¥400k/m²¥270k/m²
2018¥360k/m²¥450k/m²¥290k/m²
2019¥359k/m²¥429k/m²¥280k/m²
2020¥363k/m²¥418k/m²¥290k/m²
2021¥389k/m²¥434k/m²¥300k/m²
2022¥382k/m²¥450k/m²¥290k/m²
2023¥387k/m²¥460k/m²¥325k/m²
2024¥367k/m²¥376k/m²¥325k/m²
2025¥333k/m²¥457k/m²¥350k/m²
2026 (partial)¥315k/m²–¥310k/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 6 years old and half by around 22. Prices keep falling by roughly 4.5% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥495k/m²
1¥870k/m²¥495k/m²
6¥606k/m²¥405k/m²
7¥629k/m²–
8¥614k/m²–
9¥665k/m²–
10¥588k/m²–
11¥632k/m²–
12¥561k/m²–
19¥454k/m²–
20¥435k/m²–
21¥423k/m²–
22¥464k/m²–
23¥424k/m²–
24¥370k/m²–
25¥427k/m²–
26¥357k/m²–
28¥396k/m²–
33¥160k/m²–
34¥157k/m²–
35¥167k/m²–
36¥153k/m²–
37¥160k/m²–
38¥187k/m²–
39¥213k/m²–
40¥246k/m²–
47¥233k/m²–
50–¥235k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k20062008201020122014201620182020202220242026

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¥256k/m²––
2007¥248k/m²––
2008¥257k/m²––
2009¥258k/m²¥545k/m²–
2010¥231k/m²––
2011¥271k/m²––
2012¥225k/m²¥400k/m²–
2013¥243k/m²¥412k/m²–
2014¥200k/m²¥412k/m²–
2015¥278k/m²¥406k/m²–
2016¥246k/m²¥436k/m²–
2017¥293k/m²––
2018¥288k/m²––
2019¥300k/m²¥440k/m²¥611k/m²
2020¥271k/m²¥463k/m²¥552k/m²
2021¥259k/m²¥471k/m²¥638k/m²
2022¥280k/m²¥503k/m²¥624k/m²
2023¥306k/m²––
2024¥180k/m²–¥640k/m²
2025¥240k/m²–¥621k/m²
2026 (partial)¥230k/m²––
House price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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¥269k/m²¥386k/m²–
2008¥303k/m²––
2009–¥428k/m²–
2010¥254k/m²¥413k/m²–
2011––¥467k/m²
2012––¥433k/m²
2013¥230k/m²–¥408k/m²
2014¥241k/m²–¥391k/m²
2015––¥467k/m²
2016––¥483k/m²
2017––¥448k/m²
2018––¥493k/m²
2019––¥457k/m²
2020––¥444k/m²
2025¥263k/m²––

Prices near train stations in Showa 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
Kawana(Aichi) (川名)¥10.5M¥228k/m²¥62.0M8105
Gokiso (御器所)¥31.0M¥447k/m²¥71.0M593
Arahata (荒畑)¥16.0M¥333k/m²¥48.0M874
Sakurayama (桜山)¥34.0M¥438k/m²¥58.0M752
Irinaka (いりなか)¥31.0M¥400k/m²–549
Fukiage(Aichi) (吹上(愛知))¥2.8M¥187k/m²¥46.0M1046
Nagoya Daigaku (名古屋大学)¥3.2M¥213k/m²¥65.0M946
Yagoto Nisseki (八事日赤)¥35.0M¥438k/m²–739
Yagoto (八事)¥28.0M¥400k/m²–517

Used condo prices by layout in Showa Ward, Nagoya City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥36.0M75 m²140
1R¥2.3M15 m²56
2LDK¥25.0M65 m²45
4LDK¥36.0M85 m²45
1K¥2.3M15 m²37
1LDK¥13.0M40 m²10

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

The median used condo (mansion) in Showa Ward, Nagoya City sold for ¥22.0M in 2025, about ¥333k/m², based on 129 recorded sales.

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

The median house sale, including the land, was ¥59.0M in 2025 across 63 sales.

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

Over the five years to 2025, condo prices per m² changed -8.0% and residential land prices changed +20.7%.

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.