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

Tenpaku 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
¥16.0M
¥250k/m²
Median house price (land + building)
¥50.0M
Residential land per m² (sales)
¥170k/m²
+13.3% over 5 years
Transactions in 2025
285
#29 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 0.9% 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 11% below the Aichi average. Ten years ago the gap was 4%, so Tenpaku 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 85% 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

71% 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 ¥3.3M and ¥30.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.5% 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. Households still grew 1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

11.9% of homes were empty in 2023 (11.8% for the wider area), and 4.7% 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 24.3 years of the area's median rent (¥55k 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 74% 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 +14% over five years. They are still 53% below their 1991 bubble-era level. 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, 27% 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 Tenpaku Ward, Nagoya City: people, homes and risks

Population 2025
162,286
-1.5% since 2020
Aichi: -1.2%
Net moves in 2025
+522
+3.22 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
11.9%
4.7% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥55k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
74.2%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥180k/m²
+2.9% in a year · +14.2% in 5 years
Aichi: ¥109k/m²
Flood exposure
27.3%
of 33 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 33 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 Tenpaku 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

¥5.9M

¥118k/m²

  • Motoueda
  • Ueda(NagoyaCitySubway) · 19 min walk
  • 2LDK · 50 m²
  • Built 1990 (35 yrs)
Typical2025 Q3

¥16.0M

¥229k/m²

  • Takashima
  • Tokushige · 18 min walk
  • 3LDK · 70 m²
  • Built 1995 (30 yrs) · RC
Higher-priced2025 Q4

¥32.0M

¥492k/m²

  • Furukawacho
  • Nonami · 3 min walk
  • 3LDK · 65 m²
  • Built 2008 (17 yrs) · RC

House

Lower-priced2026 Q1

¥34.0M

¥340k/m²

  • Hirabaridai
  • Tokushige · 21 min walk
  • Land 130 m² · floor 100 m²
  • Built 1996 (30 yrs) · Wood
Typical2026 Q1

¥49.0M

¥467k/m²

  • Umegaoka
  • Hirabari · 26 min walk
  • Land 160 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q2

¥67.0M

¥209k/m²

  • Umegaoka
  • Hara(Aichi) · 26 min walk
  • Land 490 m² · floor 320 m²
  • Built 1997 (29 yrs) · Light steel
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 38% above 2025, but it covers only part of the year and 21 condo sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥14.0M¥38.0M
2006¥15.0M¥43.0M
2007¥15.0M¥39.0M
2008¥16.0M¥40.0M
2009¥14.0M¥38.0M
2010¥15.0M¥37.0M
2011¥18.0M¥39.0M
2012¥15.0M¥39.0M
2013¥16.0M¥38.0M
2014¥14.0M¥38.0M
2015¥15.0M¥39.0M
2016¥18.5M¥43.0M
2017¥24.0M¥38.0M
2018¥20.5M¥41.0M
2019¥20.0M¥39.0M
2020¥23.0M¥37.0M
2021¥22.0M¥44.0M
2022¥21.0M¥42.0M
2023¥18.5M¥43.0M
2024¥26.0M¥45.0M
2025¥16.0M¥50.0M
2026 (partial)¥22.0M¥49.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 32% 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¥200k/m²¥286k/m²¥140k/m²
2006¥213k/m²¥318k/m²¥150k/m²
2007¥217k/m²¥327k/m²¥170k/m²
2008¥229k/m²¥332k/m²¥150k/m²
2009¥188k/m²¥333k/m²¥140k/m²
2010¥215k/m²¥340k/m²¥140k/m²
2011¥235k/m²¥316k/m²¥145k/m²
2012¥212k/m²¥319k/m²¥140k/m²
2013¥213k/m²¥329k/m²¥150k/m²
2014¥200k/m²¥305k/m²¥150k/m²
2015¥231k/m²¥335k/m²¥140k/m²
2016¥253k/m²¥343k/m²¥150k/m²
2017¥313k/m²¥343k/m²¥150k/m²
2018¥284k/m²¥368k/m²¥160k/m²
2019¥286k/m²¥358k/m²¥160k/m²
2020¥326k/m²¥360k/m²¥150k/m²
2021¥303k/m²¥390k/m²¥160k/m²
2022¥300k/m²¥368k/m²¥170k/m²
2023¥287k/m²¥400k/m²¥180k/m²
2024¥335k/m²¥368k/m²¥180k/m²
2025¥250k/m²¥403k/m²¥170k/m²
2026 (partial)¥287k/m²¥400k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥424k/m²
1–¥458k/m²
7¥497k/m²–
8¥503k/m²¥340k/m²
9¥471k/m²–
11¥500k/m²–
15¥400k/m²–
16¥414k/m²–
17¥425k/m²–
18¥369k/m²–
20¥418k/m²–
21¥349k/m²–
24¥313k/m²–
25¥318k/m²–
26¥293k/m²–
27¥265k/m²¥289k/m²
28¥291k/m²–
29–¥231k/m²
30¥231k/m²–
31¥147k/m²–
32¥133k/m²–
33¥160k/m²–
34¥147k/m²–
35¥160k/m²¥181k/m²
36¥157k/m²¥183k/m²
37¥194k/m²¥164k/m²
38¥179k/m²–
50¥76k/m²¥173k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k20052007200920112013201520172019202120232025

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
2005¥200k/m²––
2006¥213k/m²––
2007¥217k/m²––
2008¥227k/m²––
2009¥187k/m²––
2010¥207k/m²––
2011¥215k/m²¥340k/m²–
2012¥192k/m²––
2013¥200k/m²¥347k/m²–
2014¥173k/m²¥319k/m²–
2015¥214k/m²¥357k/m²–
2016¥213k/m²¥300k/m²–
2017¥259k/m²–¥440k/m²
2018¥214k/m²–¥426k/m²
2019¥257k/m²––
2020¥220k/m²¥412k/m²–
2021¥219k/m²–¥448k/m²
2022¥233k/m²¥375k/m²–
2023¥208k/m²––
2024¥240k/m²¥374k/m²¥543k/m²
2025¥170k/m²––
House price per m² by construction period
¥0¥200k¥400k¥600k20052007200920112013201520172019202120232025

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
2005–¥370k/m²–
2006¥240k/m²¥383k/m²–
2007¥251k/m²¥384k/m²–
2008¥206k/m²¥380k/m²–
2009¥189k/m²¥364k/m²–
2010¥236k/m²¥355k/m²–
2011¥201k/m²–¥360k/m²
2012¥200k/m²–¥352k/m²
2013¥192k/m²–¥355k/m²
2014¥191k/m²–¥347k/m²
2015¥207k/m²–¥352k/m²
2016¥216k/m²–¥382k/m²
2017¥200k/m²–¥373k/m²
2018¥200k/m²–¥400k/m²
2019––¥381k/m²
2020––¥370k/m²
2021––¥441k/m²
2022¥192k/m²––
2023¥219k/m²––
2024¥245k/m²––
2025¥213k/m²––

Prices near train stations in Tenpaku 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
Hara(Aichi) (原(愛知))¥20.0M¥313k/m²¥43.0M11119
Shiogama Guchi (塩釜口)¥31.0M¥400k/m²¥48.0M11108
Ueda(NagoyaCitySubway) (植田(名古屋市営))¥19.0M¥253k/m²¥56.0M1194
Hirabari (平針)¥14.0M¥200k/m²¥48.0M1287
Nonami (野並)¥21.5M¥294k/m²¥44.0M1273
Aioiyama (相生山)¥4.7M¥86k/m²¥38.5M1670
Yagoto (八事)¥32.0M¥376k/m²¥57.5M750
Sogo Rihabiri Center (総合リハビリセンター)¥34.5M¥436k/m²–1222
Kamisawa(Aichi) (神沢)–––2210

Used condo prices by layout in Tenpaku Ward, Nagoya City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥26.0M75 m²123
4LDK¥28.0M85 m²43
1R¥2.1M15 m²28
2LDK¥11.0M60 m²28
1K¥3.5M15 m²11

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

The median used condo (mansion) in Tenpaku Ward, Nagoya City sold for ¥16.0M in 2025, about ¥250k/m², based on 67 recorded sales.

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

The median house sale, including the land, was ¥50.0M in 2025 across 140 sales.

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

Over the five years to 2025, condo prices per m² changed -23.4% and residential land prices changed +13.3%.

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.