Ehime Housing Market 2025: Matsuyama Softens as People Leave
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥14.0M
- ¥213k/m²
- Median house price (land + building)
- ¥13.0M
- -5.6% vs 2024
- Residential land per m² (sales)
- ¥40k/m²
- +21.2% over 5 years
- Transactions in 2025
- 2,335
- #39 of 47 areas in Japan by price per m²
Among the fastest outflows in Japan
In 2025 about 5,700 more people left Ehime than arrived, a net loss of 4.5 per 1,000 residents, one of the highest rates in Japan. The population fell 5.6% between 2020 and 2025, and households fell too. 12.2% of homes are abandoned, about twice the national rate.
Prices turning down
Condo prices per m² have edged down over the last five years, and Matsuyama's are about 12% lower. On the government's fixed benchmark sites, residential land fell about 3.5% and commercial land about 3% over five years. Matsuyama's castle area became a government urban renewal zone in 2024, which may support the center.
Cheap relative to rent
A median condo costs about 26 years of the local median rent. Condos lose a quarter of their value by about 12 years old.
Hazards
Ehime faces a 55% chance of 6-lower shaking within 30 years. About 25% of benchmark sites are in tsunami inundation zones and about 5% in landslide warning areas; the 2018 floods hit southern Ehime hard.
Living in Ehime: people, homes and risks
- Population 2025
- 1,260,088
- -5.6% since 2020
- Japan: -2.5%
- Net moves in 2025
- -5,694
- -4.52 per 1,000 residents
- Vacant homes (2023)
- 19.8%
- 12.2% empty and not for rent or sale
- Japan: 13.8%
- Median rent (2023)
- ¥45k
- per month, all rented homes
- Japan: ¥57k
- Strong earthquake risk
- 55.1%
- chance of shaking of intensity 6-lower or more within 30 years
- Japan: 38.4%
- Official land price 2026
- ¥41k/m²
- -0.4% in a year · -3.5% in 5 years
- Japan: ¥74k/m²
- Flood exposure
- 58.8%
- of 240 benchmark sites in a worst-case flood zone (5.8% 3 m or deeper)
- Japan: 42.6%
- Tsunami exposure
- 24.6%
- of 240 benchmark sites in a tsunami inundation zone
- Japan: 7.8%
- Landslide exposure
- 4.6%
- of 240 benchmark sites in a landslide warning area
- Japan: 2.6%
Urban renewal zones
Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.
- Matsuyama Castle area · 135 ha · designated 2024
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 Ehime
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
¥4.8M
¥192k/m²
- Hommachi, Matsuyama City
- Hommachi 6 · 0 min walk
- 1R · 25 m²
- Built 1981 (44 yrs)
¥14.0M
¥187k/m²
- Higashinagato, Matsuyama City
- Hommachi 6 · 28 min walk
- 3LDK · 75 m²
- Built 1991 (35 yrs)
¥25.0M
¥200k/m²
- Iwaidani, Matsuyama City
- Kamiichiman · 21 min walk
- 3LDK · 125 m²
- Built 1990 (36 yrs) · RC
House
¥3.3M
¥35k/m²
- Nakanishicho, Niihama City
- Niihama
- Land 280 m² · floor 95 m²
- Built 1995 (31 yrs)
¥12.0M
¥92k/m²
- Showamachi, Matsuyama City
- Kamiichiman · 3 min walk
- Land 95 m² · floor 130 m²
- Built 1988 (38 yrs) · RC
¥29.0M
¥290k/m²
- Kumekubotamachi, Matsuyama City
- Kume · 16 min walk
- Land 130 m² · floor 100 m²
- Built 2026 (0 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2007 | ¥11.0M | ¥19.0M |
| 2008 | ¥14.0M | ¥18.0M |
| 2009 | ¥13.0M | ¥17.0M |
| 2010 | ¥13.0M | ¥17.0M |
| 2011 | ¥11.0M | ¥16.0M |
| 2012 | ¥11.0M | ¥16.0M |
| 2013 | ¥12.0M | ¥16.0M |
| 2014 | ¥11.0M | ¥15.0M |
| 2015 | ¥13.0M | ¥16.0M |
| 2016 | ¥12.0M | ¥15.0M |
| 2017 | ¥11.0M | ¥16.0M |
| 2018 | ¥13.0M | ¥15.0M |
| 2019 | ¥12.5M | ¥13.0M |
| 2020 | ¥16.5M | ¥15.0M |
| 2021 | ¥14.0M | ¥15.0M |
| 2022 | ¥13.0M | ¥15.0M |
| 2023 | ¥15.0M | ¥13.0M |
| 2024 | ¥13.5M | ¥12.0M |
| 2025 | ¥14.0M | ¥13.0M |
| 2026 (partial) | ¥15.5M | ¥12.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2007 | ¥176k/m² | ¥146k/m² | ¥51k/m² |
| 2008 | ¥200k/m² | ¥133k/m² | ¥49k/m² |
| 2009 | ¥185k/m² | ¥133k/m² | ¥44k/m² |
| 2010 | ¥185k/m² | ¥128k/m² | ¥44k/m² |
| 2011 | ¥175k/m² | ¥118k/m² | ¥45k/m² |
| 2012 | ¥169k/m² | ¥113k/m² | ¥42k/m² |
| 2013 | ¥175k/m² | ¥120k/m² | ¥42k/m² |
| 2014 | ¥180k/m² | ¥108k/m² | ¥36k/m² |
| 2015 | ¥184k/m² | ¥115k/m² | ¥37k/m² |
| 2016 | ¥185k/m² | ¥108k/m² | ¥39k/m² |
| 2017 | ¥169k/m² | ¥115k/m² | ¥33k/m² |
| 2018 | ¥186k/m² | ¥117k/m² | ¥38k/m² |
| 2019 | ¥185k/m² | ¥100k/m² | ¥34k/m² |
| 2020 | ¥240k/m² | ¥106k/m² | ¥33k/m² |
| 2021 | ¥213k/m² | ¥113k/m² | ¥36k/m² |
| 2022 | ¥200k/m² | ¥105k/m² | ¥38k/m² |
| 2023 | ¥215k/m² | ¥96k/m² | ¥38k/m² |
| 2024 | ¥200k/m² | ¥92k/m² | ¥37k/m² |
| 2025 | ¥213k/m² | ¥87k/m² | ¥40k/m² |
| 2026 (partial) | ¥212k/m² | ¥77k/m² | ¥39k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | – | ¥300k/m² |
| 1 | – | ¥291k/m² |
| 2 | – | ¥288k/m² |
| 3 | – | ¥270k/m² |
| 4 | – | ¥245k/m² |
| 5 | ¥357k/m² | ¥239k/m² |
| 6 | ¥390k/m² | ¥225k/m² |
| 7 | – | ¥230k/m² |
| 8 | ¥357k/m² | ¥218k/m² |
| 9 | – | ¥191k/m² |
| 10 | – | ¥228k/m² |
| 11 | – | ¥200k/m² |
| 12 | ¥289k/m² | ¥218k/m² |
| 13 | ¥294k/m² | ¥179k/m² |
| 14 | ¥267k/m² | ¥161k/m² |
| 15 | ¥311k/m² | ¥150k/m² |
| 16 | ¥235k/m² | ¥167k/m² |
| 17 | ¥294k/m² | ¥148k/m² |
| 18 | ¥254k/m² | ¥139k/m² |
| 19 | ¥213k/m² | ¥130k/m² |
| 20 | ¥268k/m² | ¥145k/m² |
| 21 | ¥253k/m² | ¥119k/m² |
| 22 | ¥257k/m² | ¥130k/m² |
| 23 | – | ¥131k/m² |
| 24 | ¥217k/m² | ¥126k/m² |
| 25 | ¥217k/m² | ¥111k/m² |
| 26 | – | ¥104k/m² |
| 27 | ¥169k/m² | ¥103k/m² |
| 28 | ¥188k/m² | ¥98k/m² |
| 29 | ¥165k/m² | ¥114k/m² |
| 30 | ¥137k/m² | ¥105k/m² |
| 31 | ¥136k/m² | ¥95k/m² |
| 32 | ¥110k/m² | ¥82k/m² |
| 33 | ¥133k/m² | ¥75k/m² |
| 34 | ¥131k/m² | ¥85k/m² |
| 35 | ¥127k/m² | ¥92k/m² |
| 36 | ¥107k/m² | ¥80k/m² |
| 37 | ¥100k/m² | ¥79k/m² |
| 38 | – | ¥72k/m² |
| 39 | – | ¥64k/m² |
| 40 | ¥135k/m² | ¥64k/m² |
| 41 | ¥85k/m² | ¥77k/m² |
| 42 | – | ¥80k/m² |
| 43 | – | ¥79k/m² |
| 44 | – | ¥65k/m² |
| 45 | – | ¥48k/m² |
| 46 | – | ¥53k/m² |
| 47 | – | ¥50k/m² |
| 48 | – | ¥40k/m² |
| 49 | – | ¥56k/m² |
| 50 | ¥22k/m² | ¥43k/m² |
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
| Year | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|
| 2007 | ¥175k/m² | – | – |
| 2008 | ¥185k/m² | ¥277k/m² | – |
| 2009 | ¥163k/m² | ¥300k/m² | – |
| 2010 | ¥157k/m² | ¥306k/m² | – |
| 2011 | ¥143k/m² | ¥288k/m² | – |
| 2012 | ¥147k/m² | ¥250k/m² | – |
| 2013 | ¥156k/m² | ¥259k/m² | – |
| 2014 | ¥147k/m² | ¥243k/m² | – |
| 2015 | ¥140k/m² | ¥253k/m² | ¥310k/m² |
| 2016 | ¥157k/m² | ¥276k/m² | – |
| 2017 | ¥144k/m² | ¥302k/m² | – |
| 2018 | ¥154k/m² | ¥257k/m² | – |
| 2019 | ¥138k/m² | ¥257k/m² | – |
| 2020 | ¥175k/m² | ¥275k/m² | ¥371k/m² |
| 2021 | ¥152k/m² | ¥253k/m² | ¥368k/m² |
| 2022 | ¥141k/m² | ¥262k/m² | ¥371k/m² |
| 2023 | ¥154k/m² | ¥292k/m² | – |
| 2024 | ¥156k/m² | ¥235k/m² | – |
| 2025 | ¥140k/m² | ¥300k/m² | ¥324k/m² |
| 2026 (partial) | ¥150k/m² | – | – |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2007 | ¥111k/m² | ¥136k/m² | ¥252k/m² | – |
| 2008 | ¥100k/m² | ¥124k/m² | ¥250k/m² | – |
| 2009 | ¥94k/m² | ¥126k/m² | ¥245k/m² | – |
| 2010 | ¥91k/m² | ¥110k/m² | ¥236k/m² | ¥255k/m² |
| 2011 | ¥81k/m² | ¥109k/m² | ¥200k/m² | ¥254k/m² |
| 2012 | ¥84k/m² | ¥104k/m² | ¥156k/m² | ¥255k/m² |
| 2013 | ¥80k/m² | ¥115k/m² | ¥156k/m² | ¥250k/m² |
| 2014 | ¥79k/m² | ¥101k/m² | ¥165k/m² | ¥250k/m² |
| 2015 | ¥76k/m² | ¥106k/m² | ¥154k/m² | ¥253k/m² |
| 2016 | ¥74k/m² | ¥103k/m² | ¥148k/m² | ¥255k/m² |
| 2017 | ¥77k/m² | ¥100k/m² | ¥155k/m² | ¥267k/m² |
| 2018 | ¥71k/m² | ¥92k/m² | ¥150k/m² | ¥273k/m² |
| 2019 | ¥61k/m² | ¥88k/m² | ¥154k/m² | ¥275k/m² |
| 2020 | ¥60k/m² | ¥97k/m² | ¥157k/m² | ¥270k/m² |
| 2021 | ¥58k/m² | ¥102k/m² | ¥151k/m² | ¥251k/m² |
| 2022 | ¥64k/m² | ¥100k/m² | ¥148k/m² | ¥224k/m² |
| 2023 | ¥59k/m² | ¥90k/m² | ¥132k/m² | ¥232k/m² |
| 2024 | ¥46k/m² | ¥88k/m² | ¥138k/m² | ¥232k/m² |
| 2025 | ¥42k/m² | ¥70k/m² | ¥139k/m² | ¥230k/m² |
| 2026 (partial) | ¥44k/m² | ¥82k/m² | – | – |
Prices by area in Ehime
Median prices for 2025. Sorted by condo price per m² (or house price per m² where there are few condo sales).
| Area | Condo price per m² | Median used condo price | Median house price (land + building) | Residential land per m² (sales) | Condo 5-yr change |
|---|---|---|---|---|---|
| Matsuyama City | ¥214k/m² | ¥14.0M | ¥21.5M | ¥80k/m² | -11.8% |
| Masaki Town, Iyo County | – | – | ¥28.0M | ¥57k/m² | – |
| Toon City | – | – | ¥13.0M | ¥26k/m² | – |
| Shikokuchuo City | – | – | ¥17.0M | ¥21k/m² | – |
| Imabari City | – | – | ¥7.0M | ¥27k/m² | – |
| Niihama City | – | – | ¥6.0M | ¥21k/m² | – |
| Saijo City | – | – | ¥7.9M | ¥17k/m² | – |
| Uwajima City | – | – | ¥5.0M | ¥25k/m² | – |
| Iyo City | – | – | ¥5.0M | ¥40k/m² | – |
| Yawatahama City | – | – | ¥5.0M | – | – |
| Ozu City | – | – | – | ¥19k/m² | – |
Prices near train stations in Ehime
Sales from 2023–2025, grouped by nearest station.
| Station | Median used condo price | Condo price per m² | Median house price (land + building) | Walk (min) | Sales |
|---|---|---|---|---|---|
| Niihama (新居浜) | ¥12.0M | ¥145k/m² | ¥9.3M | 19 | 257 |
| Imabari (今治) | ¥14.5M | ¥207k/m² | ¥11.0M | 16 | 187 |
| Iyo Tachibana (いよ立花) | ¥14.0M | ¥175k/m² | ¥20.0M | 8 | 142 |
| Iyo Saijo (伊予西条) | ¥14.0M | ¥200k/m² | ¥13.0M | 15 | 128 |
| Uwajima (宇和島) | – | – | ¥5.8M | 18 | 115 |
| Yogo(Ehime) (余戸) | – | – | ¥23.0M | 12 | 102 |
| Doida (土居田) | ¥10.3M | ¥148k/m² | ¥28.0M | 10 | 97 |
| Hommachi 6 (本町６丁目) | ¥8.3M | ¥141k/m² | ¥20.0M | 12 | 81 |
| Yawatahama (八幡浜) | – | – | ¥6.3M | 16 | 74 |
| Katsuyamacho (勝山町) | ¥31.5M | ¥424k/m² | ¥24.0M | 8 | 71 |
| Kawanoe (川之江) | – | – | ¥12.5M | 18 | 70 |
| Kinuyama (衣山) | ¥3.7M | ¥127k/m² | ¥23.0M | 11 | 66 |
| Iyo Tomita (伊予富田) | – | – | ¥8.4M | 20 | 66 |
| Iyo Mishima (伊予三島) | – | – | ¥20.0M | 20 | 66 |
| Dogo Park (道後公園) | ¥19.0M | ¥273k/m² | ¥29.0M | 11 | 65 |
Used condo prices by layout in Ehime
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 3LDK | ¥17.0M | 70 m² | 212 |
| 2LDK | ¥17.0M | 65 m² | 66 |
| 4LDK | ¥16.0M | 85 m² | 58 |
| 1K | ¥2.0M | 20 m² | 40 |
| 1LDK | ¥14.5M | 45 m² | 14 |
| 1DK | ¥3.1M | 27.5 m² | 14 |
| 2DK | ¥7.5M | 50 m² | 11 |
How much does an apartment cost in Ehime?
The median used condo (mansion) in Ehime sold for ¥14.0M in 2025, about ¥213k/m², based on 169 recorded sales.
How much does a house cost in Ehime?
The median house sale, including the land, was ¥13.0M in 2025 across 1030 sales.
Are property prices in Ehime going up?
Over the five years to 2025, condo prices per m² changed -11.1% 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.