Shirakawa-go, Gifu
Photo: Shirakawa-go, Gifu · Shing / Unsplash

Gifu Housing Market 2025: Nagoya's Suburb with Serious Flood Exposure

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

Key figures for 2025

Median used condo price
¥20.0M
¥243k/m²
Median house price (land + building)
¥13.0M
-8.6% vs 2024
Residential land per m² (sales)
¥29k/m²
+3.6% over 5 years
Transactions in 2025
3,881
#30 of 47 areas in Japan by price per m²

Gifu City leads

Gifu's condo prices per m² accelerated to about 4% a year over the last five years, led by Gifu City (up about 33%), a 20-minute train ride from Nagoya. The area north of Gifu Station and the Yanagase shopping street is a government urban renewal zone. On the government's fixed benchmark sites, however, residential land has slipped about 2% over five years and is 57% below its 1991 level.

Condos depreciate quickly

Gifu condos lose half their per-m² value by about 19 years old, faster than in most prefectures, so newer condos carry high depreciation risk.

People and vacancy

Gifu's population fell 4.4% between 2020 and 2025, and about 4,500 more people left than arrived in 2025. 8.1% of homes are abandoned, particularly in mountain areas such as Gero and Gujo.

The biggest hazard: deep flooding

Southern Gifu lies on the Nobi Plain where the Kiso, Nagara and Ibi rivers meet, historically one of Japan's most flood-prone areas. About 42% of benchmark sites face worst-case flooding of 3 m or deeper, one of the highest shares in Japan. Check flood depth for any address, and favor higher ground and newer, raised construction.

Earthquakes

The chance of 6-lower shaking within 30 years is about 29%. Tajimi and southern Gifu also regularly record some of Japan's hottest summers.

Living in Gifu: people, homes and risks

Population 2025
1,891,489
-4.4% since 2020
Japan: -2.5%
Net moves in 2025
-4,528
-2.39 per 1,000 residents
Vacant homes (2023)
16.1%
8.1% empty and not for rent or sale
Japan: 13.8%
Median rent (2023)
¥48k
per month, all rented homes
Japan: ¥57k
Strong earthquake risk
28.6%
chance of shaking of intensity 6-lower or more within 30 years
Japan: 38.4%
Official land price 2026
¥39k/m²
-0.2% in a year · -2.2% in 5 years
Japan: ¥74k/m²
Flood exposure
62.5%
of 355 benchmark sites in a worst-case flood zone (42.0% 3 m or deeper)
Japan: 42.6%
Landslide exposure
3.4%
of 355 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.

  • Gifu Station North and Yanagase · 30 ha · designated 2003

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 Gifu

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

¥8.6M

¥115k/m²

  • Sogaya, Gifu City
  • Hozumi
  • 4LDK · 75 m²
  • Built 1993 (32 yrs) · SRC
Typical2026 Q1

¥18.0M

¥225k/m²

  • Nishikimachi, Ogaki City
  • Ogaki · 6 min walk
  • 3LDK · 80 m²
  • Built 2014 (12 yrs)
Higher-priced2026 Q2

¥29.0M

¥341k/m²

  • Unumafuruichibacho, Kakamigahara City
  • Shin Unuma · 14 min walk
  • 4LDK · 85 m²
  • Built 2005 (21 yrs) · SRC

House

Lower-priced2026 Q2

¥3.0M

¥26k/m²

  • Suwayama, Gifu City
  • Gifu
  • Land 290 m² · floor 115 m²
  • Built 1970 (56 yrs) · Light steel
Typical2026 Q2

¥13.0M

¥57k/m²

  • Kamichayamachi, Gifu City
  • Gifu
  • Land 270 m² · floor 230 m²
  • Built 1988 (38 yrs) · Wood
Higher-priced2026 Q2

¥30.0M

¥81k/m²

  • Murohommachi, Ogaki City
  • Ogaki · 15 min walk
  • Land 580 m² · floor 370 m²
  • Built 1995 (31 yrs) · Steel
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 30% below 2025, but it covers only part of the year and 52 condo sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥5.0M¥10.0M¥15.0M¥20.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥12.0M¥15.0M
2006¥8.9M¥17.0M
2007¥13.0M¥19.0M
2008¥12.0M¥19.0M
2009¥14.0M¥16.0M
2010¥15.0M¥16.0M
2011¥12.0M¥16.0M
2012¥13.0M¥16.0M
2013¥13.5M¥16.0M
2014¥13.5M¥16.0M
2015¥15.0M¥16.0M
2016¥14.0M¥15.0M
2017¥15.0M¥17.0M
2018¥16.0M¥16.0M
2019¥14.0M¥16.0M
2020¥15.0M¥17.0M
2021¥16.0M¥16.0M
2022¥17.0M¥14.0M
2023¥18.0M¥13.0M
2024¥19.0M¥13.0M
2025¥20.0M¥13.0M
2026 (partial)¥14.0M¥12.0M
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¥300k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥166k/m²¥115k/m²¥30k/m²
2006¥170k/m²¥122k/m²¥30k/m²
2007¥179k/m²¥133k/m²¥32k/m²
2008¥157k/m²¥130k/m²¥33k/m²
2009¥187k/m²¥115k/m²¥31k/m²
2010¥188k/m²¥107k/m²¥30k/m²
2011¥169k/m²¥113k/m²¥30k/m²
2012¥180k/m²¥109k/m²¥30k/m²
2013¥181k/m²¥103k/m²¥30k/m²
2014¥173k/m²¥109k/m²¥27k/m²
2015¥189k/m²¥112k/m²¥29k/m²
2016¥188k/m²¥100k/m²¥29k/m²
2017¥200k/m²¥110k/m²¥28k/m²
2018¥213k/m²¥100k/m²¥28k/m²
2019¥183k/m²¥103k/m²¥27k/m²
2020¥200k/m²¥113k/m²¥28k/m²
2021¥200k/m²¥103k/m²¥27k/m²
2022¥232k/m²¥93k/m²¥26k/m²
2023¥243k/m²¥91k/m²¥28k/m²
2024¥227k/m²¥89k/m²¥29k/m²
2025¥243k/m²¥81k/m²¥29k/m²
2026 (partial)¥194k/m²¥78k/m²¥29k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 13 years old and half by around 19.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥248k/m²
1¥683k/m²¥236k/m²
2¥483k/m²¥264k/m²
3–¥229k/m²
4¥459k/m²¥231k/m²
5–¥192k/m²
6–¥200k/m²
7–¥190k/m²
8¥407k/m²¥186k/m²
9–¥190k/m²
10–¥162k/m²
11¥415k/m²¥175k/m²
12–¥161k/m²
13¥294k/m²¥153k/m²
14¥319k/m²¥167k/m²
15¥300k/m²¥127k/m²
16¥274k/m²¥142k/m²
17¥333k/m²¥125k/m²
18¥303k/m²¥125k/m²
19¥240k/m²¥113k/m²
20¥219k/m²¥114k/m²
21¥224k/m²¥97k/m²
22¥224k/m²¥97k/m²
23¥200k/m²¥91k/m²
24¥193k/m²¥86k/m²
25¥227k/m²¥92k/m²
26¥185k/m²¥83k/m²
27¥151k/m²¥76k/m²
28¥159k/m²¥74k/m²
29¥138k/m²¥74k/m²
30¥155k/m²¥67k/m²
31¥123k/m²¥58k/m²
32¥134k/m²¥58k/m²
33¥83k/m²¥67k/m²
34¥110k/m²¥62k/m²
35–¥58k/m²
36–¥65k/m²
37–¥45k/m²
38–¥52k/m²
39–¥52k/m²
40–¥46k/m²
41–¥46k/m²
42–¥42k/m²
43–¥47k/m²
44–¥42k/m²
45–¥39k/m²
46–¥41k/m²
47–¥36k/m²
48–¥34k/m²
49–¥37k/m²
50–¥32k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k20052008201120142017202020232026

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
Year1981-20002001-20102011-2020
2005¥159k/m²––
2006¥170k/m²––
2007¥171k/m²––
2008¥140k/m²––
2009¥147k/m²¥253k/m²–
2010¥140k/m²¥282k/m²–
2011¥147k/m²¥241k/m²–
2012¥137k/m²¥227k/m²–
2013¥150k/m²¥233k/m²–
2014¥139k/m²¥248k/m²–
2015¥133k/m²¥256k/m²–
2016¥141k/m²¥261k/m²–
2017¥157k/m²¥282k/m²–
2018¥141k/m²¥257k/m²–
2019¥150k/m²––
2020¥139k/m²¥265k/m²–
2021¥163k/m²¥230k/m²¥429k/m²
2022¥152k/m²¥271k/m²–
2023¥147k/m²¥290k/m²¥446k/m²
2024¥143k/m²¥253k/m²¥446k/m²
2025¥123k/m²¥286k/m²¥431k/m²
2026 (partial)¥148k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k20052008201120142017202020232026

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
2005¥90k/m²¥100k/m²¥231k/m²–
2006¥95k/m²¥114k/m²¥240k/m²–
2007¥79k/m²¥109k/m²¥232k/m²–
2008¥76k/m²¥100k/m²¥227k/m²–
2009¥67k/m²¥93k/m²¥210k/m²–
2010¥58k/m²¥88k/m²¥200k/m²¥248k/m²
2011¥62k/m²¥85k/m²¥177k/m²¥209k/m²
2012¥59k/m²¥86k/m²¥145k/m²¥210k/m²
2013¥61k/m²¥78k/m²¥151k/m²¥216k/m²
2014¥52k/m²¥81k/m²¥132k/m²¥209k/m²
2015¥57k/m²¥78k/m²¥125k/m²¥209k/m²
2016¥46k/m²¥72k/m²¥122k/m²¥226k/m²
2017¥47k/m²¥74k/m²¥129k/m²¥220k/m²
2018¥49k/m²¥70k/m²¥127k/m²¥229k/m²
2019¥41k/m²¥67k/m²¥120k/m²¥219k/m²
2020¥41k/m²¥67k/m²¥122k/m²¥216k/m²
2021¥43k/m²¥67k/m²¥123k/m²¥220k/m²
2022¥38k/m²¥64k/m²¥126k/m²¥194k/m²
2023¥35k/m²¥65k/m²¥105k/m²¥193k/m²
2024¥38k/m²¥60k/m²¥125k/m²¥176k/m²
2025¥38k/m²¥61k/m²¥125k/m²¥200k/m²
2026 (partial)¥29k/m²¥58k/m²¥137k/m²¥174k/m²

Prices by area in Gifu

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
Gifu City¥284k/m²¥20.5M¥16.0M¥49k/m²+33.3%
Ginan Town, Hashima County––¥31.0M¥45k/m²–
Kasamatsu Town, Hashima County––¥26.0M¥42k/m²–
Mizuho City––¥23.0M¥36k/m²–
Kakamigahara City––¥18.0M¥49k/m²–
Minokamo City––¥17.0M¥19k/m²–
Kani City––¥14.0M¥29k/m²–
Motosu City––¥13.5M¥25k/m²–
Mizunami City––¥16.0M¥37k/m²–
Hashima City––¥14.5M¥26k/m²–
Seki City––¥13.0M¥23k/m²–
Ogaki City––¥17.0M¥36k/m²–
Takayama City––¥10.0M¥35k/m²–
Toki City––¥8.7M¥27k/m²–
Nakatsugawa City––¥6.8M¥15k/m²–
Tajimi City––¥6.5M¥38k/m²–
Yamagata City––¥12.0M¥8k/m²–
Ena City––¥5.0M¥15k/m²–
Gujo City––¥5.0M¥8k/m²–
Gero City––¥3.3M––
Mino City–––¥4k/m²–
Hida City–––¥9k/m²–
Kaizu City–––¥8k/m²–
Tarui Town, Fuwa County–––¥15k/m²–
Ibigawa Town, Ibi County–––¥11k/m²–
Kitagata Town, Motosu County–––¥41k/m²–

Prices near train stations in Gifu

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Gifu (岐阜)¥21.0M¥300k/m²¥15.0M161358
Ogaki (大垣)¥19.0M¥259k/m²¥18.0M18392
Hozumi (穂積)––¥21.0M19292
Takayama (高山)––¥12.0M15250
Tajimi (多治見)¥22.0M¥292k/m²¥9.6M13218
Nishi Gifu (西岐阜)¥11.5M¥142k/m²¥29.0M16135
Tokishi (土岐市)––¥9.6M19131
Nakatsugawa (中津川)––¥8.0M20101
Mizunami (瑞浪)––¥15.0M1881
Ibi (揖斐)––¥3.6M1580
Nishi Kani (西可児)––¥5.8M1977
Hokuno (北濃)––¥3.9M177
Tarui(Gifu) (垂井)––¥10.0M1677
Seki(Gifu) (関(岐阜))––¥10.0M1573
Shin Kani (新可児)––¥19.0M1569

Used condo prices by layout in Gifu

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥20.0M70 m²179
4LDK¥16.0M85 m²60
2LDK¥20.5M65 m²54
1K¥12.3M30 m²14
1LDK¥25.5M60 m²12

How much does an apartment cost in Gifu?

The median used condo (mansion) in Gifu sold for ¥20.0M in 2025, about ¥243k/m², based on 125 recorded sales.

How much does a house cost in Gifu?

The median house sale, including the land, was ¥13.0M in 2025 across 1756 sales.

Are property prices in Gifu going up?

Over the five years to 2025, condo prices per m² changed +21.4% and residential land prices changed +3.6%.

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.