Usui Lake, Annaka, Gunma
Photo: Usui Lake, Annaka, Gunma · Kishor / Unsplash

Midori City Housing Market Report 2025

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

Key figures for 2025

Median house price (land + building)
¥7.0M
Residential land per m² (sales)
¥14k/m²
0.0% over 5 years
Transactions in 2025
82
#13 of 17 areas in Gunma by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 2.3% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Outperforming Gunma

Per m², houses here are 14% below the Gunma average. The discount has shrunk from 23% ten years ago, so Midori City is catching up with its surroundings.

Sales are thinning out

Transactions are down about 17% 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 house sales last year were between ¥4.0M and ¥19.0M. 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 (−3.7% for the wider area). More people moved in than out in 2025, a net gain of about 2.8 per 1,000 residents, so demand for homes is being topped up by newcomers.

Typical vacancy

13.1% of homes were empty in 2023 (16.7% for the wider area), and 6.2% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Lower earthquake risk

The government's seismic model gives a 5% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

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 +0% in the year to January 2026 and -1% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

Living in Midori City: people, homes and risks

Population 2025
48,198
-2.9% since 2020
Gunma: -3.7%
Net moves in 2025
+137
+2.84 per 1,000 residents
Gunma: -0.81
Vacant homes (2023)
13.1%
6.2% empty and not for rent or sale
Gunma: 16.7%
Median rent (2023)
¥47k
per month, all rented homes
Gunma: ¥47k
Strong earthquake risk
5.3%
chance of shaking of intensity 6-lower or more within 30 years
Gunma: 11.6%
Official land price 2026
¥25k/m²
+0.4% in a year · -1.3% in 5 years
Gunma: ¥32k/m²
Flood exposure
0.0%
of 6 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Gunma: 37.7%
Landslide exposure
0.0%
of 6 benchmark sites in a landslide warning area
Gunma: 1.1%

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 Midori 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.

House

Lower-priced2025 Q3

¥3.4M

¥57k/m²

  • Kasakakechoshika
  • Iwajuku · 26 min walk
  • Land 160 m² · floor 60 m²
  • Built 1975 (50 yrs) · Wood
Typical2026 Q1

¥8.0M

¥46k/m²

  • Kasakakechoazami
  • Iwajuku · 6 min walk
  • Land 300 m² · floor 175 m²
  • Built 1983 (43 yrs) · Wood
Higher-priced2026 Q2

¥23.0M

¥209k/m²

  • Kasakakechoazami
  • Iwajuku · 9 min walk
  • Land 230 m² · floor 110 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 100% above 2025, but it covers only part of the year and 20 house 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¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥12.5M
2009¥10.3M
2010¥6.2M
2011¥7.8M
2012¥10.0M
2013¥11.5M
2014¥13.0M
2015¥15.5M
2016¥12.0M
2017¥14.0M
2018¥13.0M
2019¥13.0M
2020¥14.5M
2021¥13.0M
2022¥10.0M
2023¥9.0M
2024¥16.0M
2025¥7.0M
2026 (partial)¥14.0M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥27k/m²
2008¥116k/m²¥22k/m²
2009¥81k/m²¥15k/m²
2010¥80k/m²¥18k/m²
2011¥66k/m²¥20k/m²
2012¥79k/m²¥20k/m²
2013¥83k/m²¥17k/m²
2014¥88k/m²¥15k/m²
2015¥109k/m²¥16k/m²
2016¥109k/m²¥13k/m²
2017¥75k/m²¥10k/m²
2018¥85k/m²¥16k/m²
2019¥90k/m²¥14k/m²
2020¥124k/m²¥14k/m²
2021¥104k/m²¥13k/m²
2022¥99k/m²¥17k/m²
2023¥84k/m²¥15k/m²
2024¥131k/m²¥12k/m²
2025¥58k/m²¥14k/m²
2026 (partial)¥109k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥236k/m²
50¥38k/m²

Prices near train stations in Midori City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Iwajuku (岩宿)––¥18.0M2151
Akagi(Tobu) (赤城)––¥8.5M1629
Omama (大間々)––¥6.5M1416
Azami (阿左美)––¥10.0M1616

How much does a house cost in Midori City?

The median house sale, including the land, was ¥7.0M in 2025 across 43 sales.

Are property prices in Midori City going up?

Over the five years to 2025, residential land prices changed 0.0%.

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.