Eiheiji, Fukui
Photo: Eiheiji, Fukui · mandylin / Unsplash

Fukui Housing Market 2025: Shinkansen Hopes vs Population Loss

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median used condo price
¥16.0M
¥243k/m²
Median house price (land + building)
¥11.0M
-12.8% vs 2024
Residential land per m² (sales)
¥36k/m²
+20.0% over 5 years
Transactions in 2025
1,440
#29 of 47 areas in Japan by price per m²

A house market

Fukui is one of Japan's most house-centered markets: condo sales are rare outside Fukui City, and most families own detached homes. House prices per m² have been slowly falling over the last five years, and the median house sold is old, so prices largely reflect land.

The Shinkansen effect, so far

The Hokuriku Shinkansen reached Fukui and Tsuruga in March 2024. Fukui City's condo prices per m² are up about 40% in five years, helped by new condos around the station, which is also a government urban renewal zone. But on the government's fixed benchmark sites, residential land across the prefecture has been flat or slightly falling, so the effect is so far concentrated near the station.

People are leaving

Fukui's population fell almost 5% between 2020 and 2025, and in 2025 net out-migration was about 4.3 per 1,000 residents, one of the highest rates in Japan. 8.5% of homes are abandoned.

Flood risk is the main hazard

Fukui City sits on a river plain, and about 76% of benchmark sites are in a worst-case flood zone, with 27% facing 3 m or deeper flooding. Earthquake risk on the national model is relatively low (about 10% for 6-lower shaking in 30 years), although the 1948 Fukui earthquake was one of Japan's deadliest. Heavy snow, as in 2018, is a regular cost.

Living in Fukui: people, homes and risks

Population 2025
729,386
-4.9% since 2020
Japan: -2.5%
Net moves in 2025
-3,157
-4.33 per 1,000 residents
Vacant homes (2023)
15.6%
8.5% empty and not for rent or sale
Japan: 13.8%
Median rent (2023)
¥48k
per month, all rented homes
Japan: ¥57k
Strong earthquake risk
10.2%
chance of shaking of intensity 6-lower or more within 30 years
Japan: 38.4%
Official land price 2026
¥36k/m²
0.0% in a year · -1.7% in 5 years
Japan: ¥74k/m²
Flood exposure
75.6%
of 127 benchmark sites in a worst-case flood zone (26.8% 3 m or deeper)
Japan: 42.6%
Landslide exposure
3.1%
of 127 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.

  • Fukui Station area · 66 ha · designated 2018

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 Fukui

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 Q1

¥5.5M

¥220k/m²

  • Yonematsu, Fukui City
  • Fukui Guchi · 14 min walk
  • 1K · 25 m²
  • Built 2005 (21 yrs) · RC
Typical2026 Q2

¥15.0M

¥250k/m²

  • Bunkyo, Fukui City
  • Nishibetuin · 6 min walk
  • 3LDK · 60 m²
  • Built 2002 (24 yrs)
Higher-priced2026 Q2

¥27.0M

¥300k/m²

  • Bunkyo, Fukui City
  • Nishibetuin · 5 min walk
  • 3LDK · 90 m²
  • Built 2009 (17 yrs)

House

Lower-priced2026 Q2

¥3.5M

¥33k/m²

  • Nishitani, Fukui City
  • Hanando · 8 min walk
  • Land 170 m² · floor 105 m²
  • Built 1982 (44 yrs) · Wood
Typical2026 Q2

¥10.0M

¥14k/m²

  • Kaguracho, Tsuruga City
  • Tsuruga · 16 min walk
  • Land 250 m² · floor 740 m²
  • Built 1975 (51 yrs) · RC、鉄骨造
Higher-priced2026 Q2

¥27.0M

¥318k/m²

  • Kamimorida, Fukui City
  • Morita · 12 min walk
  • Land 135 m² · floor 85 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥14.0M
2008¥10.5M¥14.0M
2009¥14.0M¥13.0M
2010¥15.0M¥15.0M
2011¥17.0M¥14.0M
2012¥14.5M¥13.0M
2013¥12.0M¥14.0M
2014¥4.5M¥15.0M
2015¥9.8M¥14.0M
2016¥8.0M¥14.0M
2017¥9.9M¥14.0M
2018¥14.0M¥14.0M
2019¥14.0M¥15.0M
2020¥11.0M¥14.0M
2021¥14.0M¥14.0M
2022¥14.0M¥13.0M
2023¥14.0M¥14.0M
2024¥16.5M¥14.0M
2025¥16.0M¥11.0M
2026 (partial)–¥10.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 64% 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–¥102k/m²¥42k/m²
2008¥181k/m²¥92k/m²¥42k/m²
2009¥200k/m²¥85k/m²¥38k/m²
2010¥233k/m²¥97k/m²¥36k/m²
2011¥233k/m²¥89k/m²¥36k/m²
2012¥212k/m²¥81k/m²¥33k/m²
2013¥189k/m²¥80k/m²¥33k/m²
2014¥133k/m²¥92k/m²¥33k/m²
2015¥185k/m²¥80k/m²¥33k/m²
2016¥145k/m²¥82k/m²¥32k/m²
2017¥175k/m²¥87k/m²¥30k/m²
2018¥186k/m²¥87k/m²¥31k/m²
2019¥188k/m²¥91k/m²¥30k/m²
2020¥173k/m²¥92k/m²¥30k/m²
2021¥213k/m²¥89k/m²¥30k/m²
2022¥236k/m²¥85k/m²¥30k/m²
2023¥229k/m²¥86k/m²¥31k/m²
2024¥222k/m²¥88k/m²¥32k/m²
2025¥243k/m²¥77k/m²¥36k/m²
2026 (partial)–¥58k/m²¥34k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥247k/m²
1–¥236k/m²
2–¥249k/m²
3–¥274k/m²
4–¥204k/m²
5–¥171k/m²
6–¥196k/m²
7–¥191k/m²
8–¥196k/m²
9–¥179k/m²
10–¥184k/m²
11–¥183k/m²
12–¥145k/m²
13–¥188k/m²
14¥320k/m²¥138k/m²
15–¥159k/m²
16–¥141k/m²
17–¥122k/m²
18–¥112k/m²
19–¥130k/m²
20–¥117k/m²
21–¥91k/m²
22¥255k/m²¥92k/m²
23¥231k/m²¥96k/m²
24–¥79k/m²
25–¥95k/m²
26–¥76k/m²
27–¥65k/m²
28–¥79k/m²
29–¥71k/m²
30–¥81k/m²
31¥126k/m²¥66k/m²
32¥110k/m²¥71k/m²
33–¥55k/m²
34–¥56k/m²
35–¥72k/m²
36–¥48k/m²
37–¥68k/m²
38–¥43k/m²
39–¥47k/m²
40–¥54k/m²
41–¥45k/m²
42–¥43k/m²
43–¥40k/m²
44–¥42k/m²
45–¥38k/m²
46–¥32k/m²
47–¥45k/m²
48–¥38k/m²
49–¥38k/m²
50–¥33k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k¥400k2008200920102011201220132014201520162017

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
2008¥157k/m²–
2010¥143k/m²¥310k/m²
2011–¥292k/m²
2012–¥306k/m²
2013¥120k/m²¥289k/m²
2014¥100k/m²–
2015¥133k/m²–
2016¥114k/m²–
2017¥132k/m²–
House price per m² by construction periodNewer buildings are pulling ahead — Buildings from the 2000s gained about 1% a year over the decade, versus 4.8% for pre-1981 stock. The market here clearly rewards newer construction. Pre-1981 buildings, built before the current earthquake standard, trade about 41% below 1980s–90s buildings.
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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¥81k/m²¥96k/m²¥222k/m²–
2008¥63k/m²¥87k/m²¥211k/m²–
2009¥56k/m²¥74k/m²¥200k/m²–
2010¥60k/m²¥85k/m²¥200k/m²–
2011¥56k/m²¥81k/m²¥179k/m²¥204k/m²
2012¥57k/m²¥74k/m²¥118k/m²¥213k/m²
2013¥53k/m²¥74k/m²¥105k/m²¥209k/m²
2014¥62k/m²¥81k/m²¥142k/m²¥209k/m²
2015¥49k/m²¥71k/m²¥129k/m²¥219k/m²
2016¥48k/m²¥78k/m²¥112k/m²¥217k/m²
2017¥54k/m²¥73k/m²¥130k/m²¥213k/m²
2018¥47k/m²¥66k/m²¥120k/m²¥209k/m²
2019¥44k/m²¥64k/m²¥114k/m²¥209k/m²
2020¥42k/m²¥62k/m²¥121k/m²¥217k/m²
2021¥39k/m²¥67k/m²¥119k/m²¥213k/m²
2022¥37k/m²¥54k/m²¥118k/m²¥200k/m²
2023¥42k/m²¥70k/m²¥123k/m²¥192k/m²
2024¥31k/m²¥72k/m²¥134k/m²¥179k/m²
2025¥37k/m²¥63k/m²¥112k/m²¥192k/m²
2026 (partial)¥37k/m²¥48k/m²¥110k/m²–

Prices by area in Fukui

Median prices for 2025. Sorted by condo price per m² (or house price per m² where there are few condo sales).

AreaCondo price per m²Median used condo priceMedian house price (land + building)Residential land per m² (sales)Condo 5-yr change
Fukui City¥243k/m²¥16.0M¥15.0M¥54k/m²+40.1%
Sabae City––¥15.0M¥32k/m²–
Tsuruga City––¥10.5M¥41k/m²–
Sakai City––¥11.0M¥20k/m²–
Echizen City––¥10.0M¥27k/m²–
Obama City––¥4.2M¥25k/m²–
Eiheiji Town, Yoshida County–––¥35k/m²–

Prices near train stations in Fukui

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Fukui(Fukui) (福井(福井))¥15.0M¥242k/m²¥16.0M17453
Tsuruga (敦賀)––¥9.5M20165
Takefu (武生)––¥9.1M17116
Sabae (鯖江)––¥17.0M1373
Morita (森田)––¥24.0M1769
Harue (春江)––¥16.0M1362
Shimmei (神明)––¥15.0M961
Obama (小浜)––¥5.2M1456
Maruoka (丸岡)––¥15.0M1053
Echizen Ono (越前大野)––¥4.7M1529
Nittazuka (新田塚)––¥21.0M828
Mizuochi (水落)––¥23.0M1225
Fukudaimae Nishifukui (福大前西福井)––¥23.0M825
Yatsushima (八ツ島)––¥26.0M724
Awaraonsen (芦原温泉)––¥10.0M1523

Used condo prices by layout in Fukui

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥18.0M80 m²35
1K¥3.0M20 m²17
4LDK¥22.0M85 m²13
2LDK¥17.5M60 m²10

How much does an apartment cost in Fukui?

The median used condo (mansion) in Fukui sold for ¥16.0M in 2025, about ¥243k/m², based on 29 recorded sales.

How much does a house cost in Fukui?

The median house sale, including the land, was ¥11.0M in 2025 across 630 sales.

Are property prices in Fukui going up?

Over the five years to 2025, condo prices per m² changed +40.1% and residential land prices changed +20.0%.

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.