Fukushima Housing Market 2025: Koriyama Leads a Shrinking Market
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥13.0M
- ¥200k/m²
- Median house price (land + building)
- ¥15.0M
- +3.6% vs 2024
- Residential land per m² (sales)
- ¥24k/m²
- +14.3% over 5 years
- Transactions in 2025
- 2,919
- #41 of 47 areas in Japan by price per m²
Population falling fast
Fukushima's population fell 6.6% between 2020 and 2025, and about 7,200 more people left than arrived in 2025. Households fell too. 7.3% of homes are abandoned.
Koriyama vs Fukushima City
Koriyama, the transport and commercial hub on the Tohoku Shinkansen, is the only major city where condo prices per m² have risen over five years (about 12%). Fukushima City's are down about 25%, though both figures rest on small numbers of sales. Across the prefecture, condo prices per m² have edged down over five years, and on the government's benchmark sites residential land has been flat.
Cheap relative to rent
A median condo costs about 23 years of the local median rent. Yields are higher than in big cities, but so is the risk of vacancy.
Reconstruction areas
Parts of the Hamadori coast are still recovering from the 2011 nuclear accident. Some evacuation orders have been lifted and towns like Namie and Tomioka are rebuilding, but populations there remain far below pre-2011 levels and property sales are few.
Hazards
About 9% of benchmark sites face worst-case flooding of 3 m or deeper, mostly along the Abukuma River, which flooded badly in 2019. The chance of 6-lower shaking within 30 years is about 25%, below the national average.
Living in Fukushima: people, homes and risks
- Population 2025
- 1,711,937
- -6.6% since 2020
- Japan: -2.5%
- Net moves in 2025
- -7,197
- -4.2 per 1,000 residents
- Vacant homes (2023)
- 15.2%
- 7.2% empty and not for rent or sale
- Japan: 13.8%
- Median rent (2023)
- ¥47k
- per month, all rented homes
- Japan: ¥57k
- Strong earthquake risk
- 24.9%
- chance of shaking of intensity 6-lower or more within 30 years
- Japan: 38.4%
- Official land price 2026
- ¥34k/m²
- +0.4% in a year · +3.1% in 5 years
- Japan: ¥74k/m²
- Flood exposure
- 30.5%
- of 419 benchmark sites in a worst-case flood zone (8.8% 3 m or deeper)
- Japan: 42.6%
- Tsunami exposure
- 3.6%
- of 419 benchmark sites in a tsunami inundation zone
- Japan: 7.8%
- Landslide exposure
- 0.5%
- of 419 benchmark sites in a landslide warning area
- Japan: 2.6%
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 Fukushima
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
¥6.0M
¥120k/m²
- Chugencho, Fukushima City
- Fukushima(Fukushima) · 14 min walk
- 2LDK · 50 m²
- Built 1989 (37 yrs) · SRC
¥12.0M
¥171k/m²
- Hishidamachi, Koriyama City
- Koriyama(Fukushima) · 22 min walk
- 3LDK · 70 m²
- Built 1992 (34 yrs) · SRC
¥23.0M
¥307k/m²
- Wakabacho, Koriyama City
- Koriyama(Fukushima) · 18 min walk
- 3LDK · 75 m²
- Built 2008 (18 yrs) · RC
House
¥4.0M
¥22k/m²
- Oaza Asakawa, Asakawa Town, Ishikawa County
- Iwaki Asakawa · 15 min walk
- Land 520 m² · floor 185 m²
- Built 1990 (36 yrs) · Steel
¥15.0M
¥48k/m²
- Sasakino, Fukushima City
- Sasakino · 3 min walk
- Land 770 m² · floor 310 m²
- Built 1970 (56 yrs) · Wood
¥28.0M
¥175k/m²
- Omori, Fukushima City
- Minami Fukushima · 26 min walk
- Land 630 m² · floor 160 m²
- Built 1980 (46 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2007 | ¥10.0M | ¥15.0M |
| 2008 | ¥9.5M | ¥13.0M |
| 2009 | ¥8.8M | ¥13.0M |
| 2010 | ¥7.9M | ¥14.0M |
| 2011 | ¥11.0M | ¥13.0M |
| 2012 | ¥9.5M | ¥15.0M |
| 2013 | ¥11.0M | ¥17.0M |
| 2014 | ¥13.0M | ¥19.0M |
| 2015 | ¥15.0M | ¥18.0M |
| 2016 | ¥12.0M | ¥20.0M |
| 2017 | ¥13.0M | ¥20.0M |
| 2018 | ¥13.5M | ¥20.0M |
| 2019 | ¥13.0M | ¥19.0M |
| 2020 | ¥13.0M | ¥20.0M |
| 2021 | ¥16.0M | ¥19.0M |
| 2022 | ¥12.0M | ¥18.0M |
| 2023 | ¥15.0M | ¥17.0M |
| 2024 | ¥14.0M | ¥16.0M |
| 2025 | ¥13.0M | ¥15.0M |
| 2026 (partial) | ¥11.0M | ¥17.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2007 | ¥160k/m² | ¥114k/m² | ¥25k/m² |
| 2008 | ¥147k/m² | ¥96k/m² | ¥25k/m² |
| 2009 | ¥141k/m² | ¥94k/m² | ¥23k/m² |
| 2010 | ¥129k/m² | ¥100k/m² | ¥21k/m² |
| 2011 | ¥162k/m² | ¥92k/m² | ¥19k/m² |
| 2012 | ¥145k/m² | ¥110k/m² | ¥23k/m² |
| 2013 | ¥175k/m² | ¥128k/m² | ¥20k/m² |
| 2014 | ¥186k/m² | ¥139k/m² | ¥20k/m² |
| 2015 | ¥216k/m² | ¥148k/m² | ¥23k/m² |
| 2016 | ¥196k/m² | ¥145k/m² | ¥23k/m² |
| 2017 | ¥214k/m² | ¥158k/m² | ¥22k/m² |
| 2018 | ¥214k/m² | ¥158k/m² | ¥22k/m² |
| 2019 | ¥218k/m² | ¥139k/m² | ¥19k/m² |
| 2020 | ¥200k/m² | ¥156k/m² | ¥21k/m² |
| 2021 | ¥224k/m² | ¥133k/m² | ¥21k/m² |
| 2022 | ¥189k/m² | ¥124k/m² | ¥20k/m² |
| 2023 | ¥232k/m² | ¥117k/m² | ¥19k/m² |
| 2024 | ¥200k/m² | ¥105k/m² | ¥22k/m² |
| 2025 | ¥200k/m² | ¥108k/m² | ¥24k/m² |
| 2026 (partial) | ¥173k/m² | ¥113k/m² | ¥23k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | – | ¥263k/m² |
| 1 | – | ¥248k/m² |
| 2 | – | ¥355k/m² |
| 3 | ¥471k/m² | ¥234k/m² |
| 4 | ¥459k/m² | ¥259k/m² |
| 5 | – | ¥243k/m² |
| 6 | ¥450k/m² | ¥200k/m² |
| 7 | – | ¥217k/m² |
| 8 | – | ¥207k/m² |
| 9 | – | ¥216k/m² |
| 10 | – | ¥209k/m² |
| 11 | – | ¥187k/m² |
| 12 | – | ¥197k/m² |
| 13 | – | ¥177k/m² |
| 14 | ¥366k/m² | ¥159k/m² |
| 15 | ¥314k/m² | ¥157k/m² |
| 16 | ¥314k/m² | ¥146k/m² |
| 17 | ¥306k/m² | ¥159k/m² |
| 18 | ¥308k/m² | ¥144k/m² |
| 19 | ¥253k/m² | ¥125k/m² |
| 20 | ¥257k/m² | ¥137k/m² |
| 21 | ¥269k/m² | ¥115k/m² |
| 22 | ¥264k/m² | ¥120k/m² |
| 23 | ¥240k/m² | ¥94k/m² |
| 24 | ¥200k/m² | ¥111k/m² |
| 25 | ¥236k/m² | ¥97k/m² |
| 26 | ¥215k/m² | ¥94k/m² |
| 27 | ¥176k/m² | ¥96k/m² |
| 28 | ¥163k/m² | ¥89k/m² |
| 29 | ¥152k/m² | ¥94k/m² |
| 30 | ¥150k/m² | ¥78k/m² |
| 31 | ¥140k/m² | ¥79k/m² |
| 32 | ¥133k/m² | ¥79k/m² |
| 33 | ¥152k/m² | ¥69k/m² |
| 34 | ¥153k/m² | ¥69k/m² |
| 35 | ¥113k/m² | ¥76k/m² |
| 36 | – | ¥83k/m² |
| 37 | – | ¥86k/m² |
| 38 | – | ¥78k/m² |
| 39 | – | ¥65k/m² |
| 40 | – | ¥70k/m² |
| 41 | – | ¥57k/m² |
| 42 | – | ¥56k/m² |
| 43 | – | ¥58k/m² |
| 44 | – | ¥59k/m² |
| 45 | – | ¥47k/m² |
| 46 | – | ¥44k/m² |
| 47 | – | ¥45k/m² |
| 48 | – | ¥47k/m² |
| 49 | – | ¥42k/m² |
| 50 | – | ¥35k/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 | ¥141k/m² | ¥257k/m² | – |
| 2008 | ¥127k/m² | ¥267k/m² | – |
| 2009 | ¥130k/m² | ¥254k/m² | – |
| 2010 | ¥122k/m² | ¥243k/m² | – |
| 2011 | ¥122k/m² | ¥278k/m² | – |
| 2012 | ¥119k/m² | ¥256k/m² | – |
| 2013 | ¥153k/m² | ¥281k/m² | – |
| 2014 | ¥143k/m² | ¥300k/m² | – |
| 2015 | ¥169k/m² | ¥308k/m² | – |
| 2016 | ¥163k/m² | ¥327k/m² | – |
| 2017 | ¥177k/m² | ¥292k/m² | – |
| 2018 | ¥172k/m² | ¥284k/m² | – |
| 2019 | ¥164k/m² | ¥329k/m² | – |
| 2020 | ¥161k/m² | ¥300k/m² | – |
| 2021 | ¥161k/m² | ¥289k/m² | – |
| 2022 | ¥164k/m² | ¥283k/m² | ¥447k/m² |
| 2023 | ¥153k/m² | ¥266k/m² | – |
| 2024 | ¥160k/m² | ¥287k/m² | – |
| 2025 | ¥135k/m² | ¥309k/m² | – |
| 2026 (partial) | ¥165k/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 | ¥72k/m² | ¥100k/m² | ¥217k/m² | – |
| 2008 | ¥67k/m² | ¥85k/m² | ¥219k/m² | – |
| 2009 | ¥57k/m² | ¥81k/m² | ¥210k/m² | – |
| 2010 | ¥70k/m² | ¥88k/m² | ¥200k/m² | ¥237k/m² |
| 2011 | ¥57k/m² | ¥87k/m² | ¥174k/m² | ¥216k/m² |
| 2012 | ¥68k/m² | ¥98k/m² | ¥165k/m² | ¥223k/m² |
| 2013 | ¥80k/m² | ¥111k/m² | ¥185k/m² | ¥230k/m² |
| 2014 | ¥77k/m² | ¥118k/m² | ¥200k/m² | ¥238k/m² |
| 2015 | ¥86k/m² | ¥117k/m² | ¥210k/m² | ¥240k/m² |
| 2016 | ¥80k/m² | ¥111k/m² | ¥161k/m² | ¥248k/m² |
| 2017 | ¥72k/m² | ¥100k/m² | ¥168k/m² | ¥248k/m² |
| 2018 | ¥81k/m² | ¥97k/m² | ¥161k/m² | ¥248k/m² |
| 2019 | ¥76k/m² | ¥93k/m² | ¥151k/m² | ¥247k/m² |
| 2020 | ¥60k/m² | ¥90k/m² | ¥164k/m² | ¥238k/m² |
| 2021 | ¥56k/m² | ¥89k/m² | ¥130k/m² | ¥219k/m² |
| 2022 | ¥50k/m² | ¥91k/m² | ¥160k/m² | ¥211k/m² |
| 2023 | ¥54k/m² | ¥77k/m² | ¥136k/m² | ¥211k/m² |
| 2024 | ¥42k/m² | ¥80k/m² | ¥131k/m² | ¥221k/m² |
| 2025 | ¥37k/m² | ¥71k/m² | ¥142k/m² | ¥224k/m² |
| 2026 (partial) | ¥43k/m² | ¥71k/m² | ¥133k/m² | ¥179k/m² |
Prices by area in Fukushima
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 |
|---|---|---|---|---|---|
| Koriyama City | ¥200k/m² | ¥13.0M | ¥26.0M | ¥55k/m² | +11.6% |
| Fukushima City | ¥173k/m² | ¥8.3M | ¥24.0M | ¥50k/m² | -24.7% |
| Motomiya City | – | – | ¥17.0M | ¥11k/m² | – |
| Iwaki City | – | – | ¥18.0M | ¥31k/m² | – |
| Nishigo Village, Nishishirakawa County | – | – | ¥15.0M | ¥12k/m² | – |
| Sukagawa City | – | – | ¥15.0M | ¥30k/m² | – |
| Aizuwakamatsu City | – | – | ¥13.0M | ¥26k/m² | – |
| Soma City | – | – | ¥9.9M | – | – |
| Shirakawa City | – | – | ¥8.0M | ¥22k/m² | – |
| Nihonmatsu City | – | – | ¥8.0M | ¥18k/m² | – |
| Date City | – | – | ¥9.0M | ¥13k/m² | – |
| Minamisoma City | – | – | ¥5.0M | ¥22k/m² | – |
| Tamura City | – | – | ¥4.2M | ¥12k/m² | – |
| Kitakata City | – | – | ¥5.0M | ¥13k/m² | – |
| Namie Town, Futaba County | – | – | – | ¥17k/m² | – |
Prices near train stations in Fukushima
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 |
|---|---|---|---|---|---|
| Koriyama(Fukushima) (郡山(福島)) | ¥14.0M | ¥215k/m² | ¥26.0M | 21 | 1053 |
| Fukushima(Fukushima) (福島(福島)) | ¥8.9M | ¥175k/m² | ¥26.0M | 18 | 399 |
| Aizu Wakamatsu (会津若松) | ¥15.5M | ¥230k/m² | ¥11.5M | 19 | 376 |
| Iwaki(Fukushima) (いわき) | ¥20.5M | ¥283k/m² | ¥23.0M | 14 | 241 |
| Shin Shirakawa (新白河) | – | – | ¥10.0M | 18 | 167 |
| Sukagawa (須賀川) | – | – | ¥19.0M | 21 | 156 |
| Izumi(JR) (泉(ＪＲ)) | – | – | ¥20.0M | 14 | 137 |
| Shirakawa (白河) | – | – | ¥6.5M | 16 | 123 |
| Haranomachi (原ノ町) | – | – | ¥8.5M | 20 | 115 |
| Minami Fukushima (南福島) | – | – | ¥19.0M | 16 | 114 |
| Kitakata (喜多方) | – | – | ¥5.2M | 17 | 104 |
| Motomiya(Fukushima) (本宮(福島)) | – | – | ¥17.0M | 19 | 103 |
| Yumoto (湯本) | – | – | ¥14.0M | 21 | 97 |
| Kagamiishi (鏡石) | – | – | ¥4.5M | 15 | 80 |
| Soma (相馬) | – | – | ¥7.8M | 18 | 74 |
Used condo prices by layout in Fukushima
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 3LDK | ¥17.0M | 65 m² | 175 |
| 2LDK | ¥15.0M | 65 m² | 75 |
| 4LDK | ¥18.5M | 80 m² | 34 |
| 1K | ¥2.0M | 20 m² | 18 |
| 2DK | ¥6.4M | 47.5 m² | 16 |
| 1LDK | ¥11.0M | 45 m² | 11 |
How much does an apartment cost in Fukushima?
The median used condo (mansion) in Fukushima sold for ¥13.0M in 2025, about ¥200k/m², based on 126 recorded sales.
How much does a house cost in Fukushima?
The median house sale, including the land, was ¥15.0M in 2025 across 1536 sales.
Are property prices in Fukushima going up?
Over the five years to 2025, condo prices per m² changed 0.0% and residential land prices changed +14.3%.
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.