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

Toyota 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
¥19.0M
¥259k/m²
Median house price (land + building)
¥39.0M
+7.3% vs 2024
Residential land per m² (sales)
¥110k/m²
+12.2% over 5 years
Transactions in 2025
603
#26 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 0.8% 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 20% below the Aichi average. Ten years ago the gap was 1%, so Toyota 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 37% 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

78% 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 ¥13.0M and ¥25.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.4% between 2020 and 2025 (−1.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.7% of homes were empty in 2023 (11.8% for the wider area), and 3.2% 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 29.4 years of the area's median rent (¥54k 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 62% 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 +1% in the year to January 2026 and +11% 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, 21% are inside the worst-case flood zone (17% 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 Toyota City: people, homes and risks

Population 2025
412,230
-2.4% since 2020
Aichi: -1.2%
Net moves in 2025
-252
-0.61 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
8.7%
3.2% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥54k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
61.7%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Official land price 2026
¥137k/m²
+1.1% in a year · +11.4% in 5 years
Aichi: ¥109k/m²
Flood exposure
21.1%
of 71 benchmark sites in a worst-case flood zone (16.9% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
2.8%
of 71 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 Toyota 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

¥14.0M

¥233k/m²

  • Seishincho
  • Tsuchihashi(Aichi) · 15 min walk
  • 3LDK · 60 m²
  • Built 1994 (32 yrs) · SRC
Typical2026 Q1

¥22.0M

¥275k/m²

  • Hirokutecho
  • Shin Toyota
  • 3LDK · 80 m²
  • Built 1990 (36 yrs) · RC
Higher-priced2025 Q4

¥34.0M

¥486k/m²

  • Kozakacho
  • Shin Toyota · 18 min walk
  • 3LDK · 70 m²
  • Built 2021 (4 yrs) · RC

House

Lower-priced2025 Q4

¥24.0M

¥155k/m²

  • Izumicho
  • Toyotashi
  • Land 240 m² · floor 155 m²
  • Built 1982 (43 yrs) · Light steel
Typical2026 Q1

¥37.0M

¥389k/m²

  • Obayashicho
  • Suenohara · 12 min walk
  • Land 115 m² · floor 95 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥50.0M

¥455k/m²

  • Kozakacho
  • Shin Toyota · 16 min walk
  • Land 210 m² · floor 110 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥14.5M¥38.0M
2008¥20.0M¥38.0M
2009¥13.0M¥38.0M
2010¥14.5M¥37.0M
2011¥13.5M¥38.0M
2012¥13.0M¥38.0M
2013¥14.0M¥35.0M
2014¥14.0M¥35.0M
2015¥16.0M¥38.0M
2016¥17.0M¥39.0M
2017¥15.0M¥38.0M
2018¥17.0M¥38.0M
2019¥19.0M¥39.0M
2020¥20.0M¥39.0M
2021¥18.5M¥40.0M
2022¥21.0M¥38.0M
2023¥17.0M¥38.0M
2024¥20.0M¥37.0M
2025¥19.0M¥39.0M
2026 (partial)¥23.0M¥39.5M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 31% 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¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥200k/m²¥304k/m²¥70k/m²
2008¥262k/m²¥313k/m²¥81k/m²
2009¥176k/m²¥305k/m²¥95k/m²
2010¥194k/m²¥313k/m²¥92k/m²
2011¥188k/m²¥305k/m²¥86k/m²
2012¥185k/m²¥319k/m²¥82k/m²
2013¥186k/m²¥313k/m²¥88k/m²
2014¥194k/m²¥310k/m²¥89k/m²
2015¥225k/m²¥333k/m²¥86k/m²
2016¥215k/m²¥350k/m²¥85k/m²
2017¥214k/m²¥340k/m²¥99k/m²
2018¥233k/m²¥342k/m²¥97k/m²
2019¥267k/m²¥352k/m²¥92k/m²
2020¥275k/m²¥346k/m²¥98k/m²
2021¥243k/m²¥360k/m²¥93k/m²
2022¥281k/m²¥350k/m²¥100k/m²
2023¥243k/m²¥340k/m²¥100k/m²
2024¥262k/m²¥329k/m²¥99k/m²
2025¥259k/m²¥353k/m²¥110k/m²
2026 (partial)¥307k/m²¥337k/m²¥110k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 22 years — House prices per m² drop about 52% from new by age 22, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥400k/m²
1–¥390k/m²
2–¥390k/m²
3–¥406k/m²
4–¥338k/m²
6–¥336k/m²
9¥426k/m²–
11¥371k/m²¥257k/m²
13–¥286k/m²
14¥300k/m²–
16–¥242k/m²
17–¥213k/m²
18¥287k/m²–
21–¥220k/m²
22¥241k/m²¥188k/m²
23¥240k/m²–
24¥239k/m²¥185k/m²
25¥273k/m²–
26¥229k/m²¥191k/m²
27¥246k/m²¥205k/m²
28¥286k/m²¥194k/m²
29¥243k/m²¥213k/m²
30¥193k/m²¥128k/m²
31¥169k/m²¥200k/m²
32¥220k/m²¥130k/m²
33¥200k/m²¥199k/m²
34–¥194k/m²
35–¥207k/m²
36–¥180k/m²
37–¥167k/m²
41–¥225k/m²
48–¥108k/m²
49¥169k/m²–
50–¥100k/m²
Condo 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
Year1981-20002001-2010
2007¥200k/m²–
2008¥200k/m²¥463k/m²
2009¥175k/m²–
2010¥181k/m²–
2011¥176k/m²¥255k/m²
2012¥171k/m²–
2013¥176k/m²–
2014¥171k/m²–
2015¥183k/m²¥284k/m²
2016¥200k/m²¥285k/m²
2017¥186k/m²–
2018¥200k/m²–
2019¥211k/m²–
2020¥213k/m²–
2021¥225k/m²¥282k/m²
2022¥243k/m²–
2023¥215k/m²–
2024¥216k/m²–
2025¥186k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025

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–¥192k/m²¥337k/m²–
2008–¥223k/m²¥344k/m²–
2009¥238k/m²¥210k/m²¥361k/m²–
2010¥200k/m²¥187k/m²¥345k/m²–
2011–¥183k/m²¥226k/m²¥357k/m²
2012¥237k/m²¥163k/m²¥252k/m²¥365k/m²
2013–¥164k/m²–¥358k/m²
2014–¥188k/m²–¥350k/m²
2015¥128k/m²¥182k/m²–¥391k/m²
2016–¥192k/m²–¥380k/m²
2017–¥169k/m²¥260k/m²¥382k/m²
2018–¥171k/m²¥238k/m²¥376k/m²
2019–¥188k/m²¥204k/m²¥400k/m²
2020–¥185k/m²¥240k/m²¥371k/m²
2021–¥166k/m²¥249k/m²¥385k/m²
2022–¥193k/m²–¥338k/m²
2023¥89k/m²¥190k/m²––
2024¥147k/m²¥200k/m²¥250k/m²–
2025–¥164k/m²–¥319k/m²

Prices near train stations in Toyota City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Toyotashi (豊田市)¥16.5M¥257k/m²¥33.5M10148
Mikawa Toyota (三河豊田)¥17.5M¥227k/m²¥48.0M18124
Shin Toyota (新豊田)¥23.0M¥308k/m²¥45.0M2083
Tsuchihashi(Aichi) (土橋(愛知))¥16.0M¥243k/m²¥38.0M1682
Shigo (四郷)––¥33.5M477
Hirato Bashi (平戸橋)––¥25.0M761
Sanage (猿投)––¥38.0M1155
Wakabayashi(Aichi) (若林(愛知))––¥41.0M1251
Suenohara (末野原)––¥43.0M1438
Takemura (竹村)––¥36.0M1127
Josui (浄水)¥34.0M¥477k/m²¥47.0M1026
Umetsubo (梅坪)––¥43.0M1126
Mikawa Yatsuhashi (三河八橋)––¥27.5M1218
Aikan Umetsubo (愛環梅坪)¥21.5M¥282k/m²–817
Uwa Goromo (上挙母)–––1416

Used condo prices by layout in Toyota City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥19.0M70 m²107
4LDK¥22.0M82.5 m²40
2LDK¥21.0M70 m²34

How much does an apartment cost in Toyota City?

The median used condo (mansion) in Toyota City sold for ¥19.0M in 2025, about ¥259k/m², based on 65 recorded sales.

How much does a house cost in Toyota City?

The median house sale, including the land, was ¥39.0M in 2025 across 256 sales.

Are property prices in Toyota City going up?

Over the five years to 2025, condo prices per m² changed -5.9% and residential land prices changed +12.2%.

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.