Kamogawa, Chiba
Photo: Kamogawa, Chiba · wanderplans.com / Unsplash

Sakura 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
¥273k/m²
Median house price (land + building)
¥21.5M
Residential land per m² (sales)
¥76k/m²
+51.0% over 5 years
Transactions in 2025
320
#12 of 47 areas in Chiba by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 3.7% a year over the past five years, faster than the 0.5% 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 Chiba

Per m², condos here are 25% below the Chiba average. Ten years ago the gap was 9%, so Sakura City has been falling behind the rest of Chiba.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 65% 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.

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 ¥16.0M and ¥26.3M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.9% between 2020 and 2025 (−0.4% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 1.9% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

11.5% of homes were empty in 2023 (12.3% for the wider area), and 7.7% 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 32.9 years of the area's median rent (¥56k a month), compared with 33.2 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.

High earthquake risk

The government's seismic model gives a 59% chance of shaking of intensity 6-lower or stronger in the next 30 years (63% 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 +7% over five years. They are still 76% 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, 19% 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 Sakura City: people, homes and risks

Population 2025
163,859
-2.9% since 2020
Chiba: -0.4%
Net moves in 2025
-249
-1.52 per 1,000 residents
Chiba: +1.25
Vacant homes (2023)
11.5%
7.7% empty and not for rent or sale
Chiba: 12.3%
Median rent (2023)
¥56k
per month, all rented homes
Chiba: ¥60k
Strong earthquake risk
58.6%
chance of shaking of intensity 6-lower or more within 30 years
Chiba: 63.4%
Official land price 2026
¥64k/m²
+2.8% in a year · +6.8% in 5 years
Chiba: ¥97k/m²
Flood exposure
18.6%
of 43 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Chiba: 28.9%
Landslide exposure
0.0%
of 43 benchmark sites in a landslide warning area
Chiba: 0.0%

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 Sakura 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 Q3

¥11.0M

¥169k/m²

  • Mutsuzaki
  • Sakura(Chiba) · 14 min walk
  • 3LDK · 65 m²
  • Built 1996 (29 yrs) · RC
Typical2026 Q1

¥21.0M

¥221k/m²

  • Yuukarigaoka
  • Yukarigaoka · 6 min walk
  • 3LDK · 95 m²
  • Built 1992 (34 yrs) · RC
Higher-priced2026 Q1

¥30.0M

¥400k/m²

  • Minamiyuukarigaoka
  • Yukarigaoka · 1 min walk
  • 2LDK · 75 m²
  • Built 2003 (23 yrs) · RC

House

Lower-priced2025 Q4

¥9.5M

¥146k/m²

  • Ojidai
  • Keisei Usui · 4 min walk
  • Land 160 m² · floor 65 m²
  • Built 1979 (46 yrs) · Wood
Typical2026 Q2

¥20.0M

¥80k/m²

  • Ebaradai
  • Keisei Usui
  • Land 360 m² · floor 250 m²
  • Built 1987 (39 yrs) · Light steel
Higher-priced2025 Q4

¥37.0M

¥370k/m²

  • Nishishizu
  • Katsutadai · 20 min walk
  • Land 110 m² · floor 100 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by yearCondos now cost more than houses — Since 2025, the median used condo has sold for more than the median house with its land, reversing the earlier pattern. Since then condo prices have moved +16% while house prices moved +2%. Condo demand is concentrated in central, well-connected locations, while many houses sold are older homes in outlying areas where prices are flat or falling. Buyers are paying for convenience over space.
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥18.0M¥22.0M
2008¥14.5M¥22.0M
2009¥13.0M¥21.0M
2010¥14.0M¥20.0M
2011¥17.5M¥22.0M
2012¥14.0M¥18.0M
2013¥13.0M¥17.0M
2014¥16.0M¥18.0M
2015¥17.0M¥21.0M
2016¥15.0M¥20.0M
2017¥17.0M¥22.0M
2018¥16.0M¥21.0M
2019¥17.0M¥17.0M
2020¥18.0M¥22.0M
2021¥16.0M¥24.0M
2022¥22.0M¥25.0M
2023¥20.0M¥24.0M
2024¥19.0M¥21.0M
2025¥22.0M¥21.5M
2026 (partial)¥18.0M¥22.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 33% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space. That gap has widened over the decade as condo prices pulled ahead.
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥224k/m²¥210k/m²¥80k/m²
2008¥189k/m²¥200k/m²¥62k/m²
2009¥175k/m²¥190k/m²¥63k/m²
2010¥182k/m²¥183k/m²¥73k/m²
2011¥215k/m²¥191k/m²¥70k/m²
2012¥186k/m²¥158k/m²¥65k/m²
2013¥186k/m²¥144k/m²¥51k/m²
2014¥213k/m²¥139k/m²¥62k/m²
2015¥211k/m²¥181k/m²¥61k/m²
2016¥209k/m²¥162k/m²¥51k/m²
2017¥200k/m²¥173k/m²¥59k/m²
2018¥187k/m²¥178k/m²¥46k/m²
2019¥219k/m²¥144k/m²¥37k/m²
2020¥217k/m²¥181k/m²¥50k/m²
2021¥200k/m²¥183k/m²¥44k/m²
2022¥250k/m²¥200k/m²¥58k/m²
2023¥262k/m²¥183k/m²¥51k/m²
2024¥249k/m²¥176k/m²¥56k/m²
2025¥273k/m²¥174k/m²¥76k/m²
2026 (partial)¥257k/m²¥157k/m²–
Price per m² by building age (2021–2025 sales)Houses bottom out at around 32 years — House prices per m² drop about 63% from new by age 32, 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–¥330k/m²
1–¥313k/m²
5–¥278k/m²
7–¥270k/m²
8¥424k/m²–
12–¥200k/m²
13–¥277k/m²
15¥350k/m²–
16¥308k/m²–
20¥232k/m²–
21–¥223k/m²
22¥292k/m²¥184k/m²
23¥267k/m²¥150k/m²
24¥253k/m²–
25¥262k/m²¥162k/m²
26¥215k/m²¥184k/m²
27¥200k/m²¥143k/m²
28¥246k/m²¥168k/m²
29–¥156k/m²
30¥238k/m²¥176k/m²
31–¥121k/m²
32–¥108k/m²
33–¥131k/m²
34–¥89k/m²
35–¥121k/m²
36–¥106k/m²
37–¥137k/m²
38–¥123k/m²
39–¥107k/m²
40–¥121k/m²
41–¥112k/m²
42–¥105k/m²
43–¥138k/m²
44–¥141k/m²
45–¥132k/m²
46–¥100k/m²
47–¥59k/m²
48–¥93k/m²
49–¥104k/m²
50–¥75k/m²
Condo 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
Year1981-20002001-2010
2007¥205k/m²–
2008¥181k/m²¥250k/m²
2009¥171k/m²¥258k/m²
2010¥173k/m²–
2011¥186k/m²¥370k/m²
2012¥169k/m²¥275k/m²
2013¥160k/m²¥306k/m²
2014¥200k/m²¥242k/m²
2015¥186k/m²¥256k/m²
2016¥171k/m²¥277k/m²
2017¥191k/m²¥293k/m²
2018¥160k/m²¥270k/m²
2019¥200k/m²¥280k/m²
2020¥151k/m²–
2021¥182k/m²–
2022¥244k/m²¥316k/m²
2023¥233k/m²¥354k/m²
2024¥213k/m²–
2025¥243k/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¥100k/m²¥167k/m²¥268k/m²–
2008¥123k/m²¥152k/m²¥260k/m²–
2009¥105k/m²¥138k/m²¥250k/m²–
2010¥93k/m²¥143k/m²¥249k/m²–
2011¥103k/m²¥145k/m²¥263k/m²¥272k/m²
2012¥100k/m²¥120k/m²¥211k/m²¥309k/m²
2013¥68k/m²¥115k/m²–¥276k/m²
2014¥105k/m²¥107k/m²–¥257k/m²
2015–¥142k/m²–¥260k/m²
2016¥91k/m²¥118k/m²–¥270k/m²
2017¥86k/m²¥130k/m²–¥295k/m²
2018¥71k/m²¥120k/m²–¥252k/m²
2019¥65k/m²¥118k/m²–¥244k/m²
2020¥71k/m²¥138k/m²–¥290k/m²
2021¥96k/m²¥137k/m²–¥280k/m²
2022–¥130k/m²––
2023–¥135k/m²––
2024¥126k/m²¥130k/m²––
2025¥132k/m²¥115k/m²¥186k/m²–

Prices near train stations in Sakura City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Keisei Usui (京成臼井)¥21.0M¥290k/m²¥20.0M14166
Shizu(Chiba) (志津)¥16.0M¥219k/m²¥18.0M13159
Yukarigaoka (ユーカリが丘)¥24.0M¥290k/m²¥32.0M9149
Sakura(Chiba) (佐倉)––¥22.0M14123
Keisei Sakura (京成佐倉)¥20.0M¥250k/m²¥20.0M1399
Katsutadai (勝田台)¥20.0M¥250k/m²¥33.5M1529
Monoi (物井)––¥18.0M1513

Used condo prices by layout in Sakura City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥19.5M70 m²114
2LDK¥20.5M65 m²24
4LDK¥24.5M90 m²16

How much does an apartment cost in Sakura City?

The median used condo (mansion) in Sakura City sold for ¥22.0M in 2025, about ¥273k/m², based on 56 recorded sales.

How much does a house cost in Sakura City?

The median house sale, including the land, was ¥21.5M in 2025 across 198 sales.

Are property prices in Sakura City going up?

Over the five years to 2025, condo prices per m² changed +26.2% and residential land prices changed +51.0%.

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.