Hiroshima Housing Market 2025: Slowing Prices, Shrinking Population, High Hazard Exposure
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥23.0M
- ¥329k/m² · +4.8% vs 2024
- Median house price (land + building)
- ¥23.0M
- -4.7% vs 2024
- Residential land per m² (sales)
- ¥65k/m²
- +44.4% over 5 years
- Transactions in 2025
- 4,665
- #12 of 47 areas in Japan by price per m²
People are leaving
Hiroshima Prefecture lost 4.2% of its population between 2020 and 2025, and in 2025 about 9,900 more people left for other parts of Japan than arrived, a net loss of about 3.7 per 1,000 residents. Unlike most prefectures, households barely grew. 7.8% of homes are abandoned, above the national 5.9%.
Condo growth has slowed sharply
Condo prices per m² rose only about 1.9% a year over the last five years, down from 4.4% before. On the government's fixed benchmark sites, residential land rose about 5% in five years. The one strong pocket is around Hiroshima Station: Higashi Ward is up about 55% in five years and nearby Hatsukaichi about 49%. The station area has been rebuilt, with a new station building and tram connection, and is part of the government's priority renewal zone. Naka Ward, the traditional center, has grown only 8%.
Older condos have done well
Pre-1981 condos have appreciated faster than newer ones over the decade and sell at only a 14% discount to 1980s and 90s buildings, one of the smallest gaps in Japan. Central Hiroshima land underpins their value.
Hazards are a major factor
Hiroshima has some of the highest hazard exposure in Japan. 14% of benchmark sites are in landslide warning areas, more than five times the national share, reflecting the steep, weathered granite slopes that caused the deadly 2014 and 2018 landslides. The delta city center is low-lying: 27% of benchmark sites prefecture-wide face worst-case flooding of 3 m or more, and 31% are in tsunami zones. Check hazard maps carefully, and prefer flat, well-drained land away from hillsides.
Value relative to rent
A median condo costs about 36 years of the local median rent, close to the national ratio.
Living in Hiroshima: people, homes and risks
- Population 2025
- 2,683,399
- -4.2% since 2020
- Japan: -2.5%
- Net moves in 2025
- -9,921
- -3.7 per 1,000 residents
- Vacant homes (2023)
- 15.8%
- 7.8% empty and not for rent or sale
- Japan: 13.8%
- Median rent (2023)
- ¥53k
- 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
- ¥62k/m²
- +1.5% in a year · +5.2% in 5 years
- Japan: ¥74k/m²
- Flood exposure
- 51.0%
- of 594 benchmark sites in a worst-case flood zone (27.1% 3 m or deeper)
- Japan: 42.6%
- Tsunami exposure
- 31.1%
- of 594 benchmark sites in a tsunami inundation zone
- Japan: 7.8%
- Landslide exposure
- 13.6%
- of 594 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.
- Central Hiroshima (Hiroshima Station, Kamiyacho, Hatchobori) · 234 ha · designated 2003 · Specified zone (highest priority)
- Fukuyama Station South · 11 ha · designated 2004
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 Hiroshima
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
¥11.0M
¥147k/m²
- Higashifukatsucho, Fukuyama City
- Higashi Fukuyama · 14 min walk
- 4LDK · 75 m²
- Built 1991 (35 yrs) · SRC
¥22.0M
¥259k/m²
- Kogominami, Nishi Ward, Hiroshima City
- Nishi Hiroshima
- 3LDK · 85 m²
- Built 1974 (52 yrs) · RC
¥35.0M
¥368k/m²
- Hesakanakamachi, Higashi Ward, Hiroshima City
- Hiroshima
- 4LDK · 95 m²
- Built 2004 (22 yrs) · RC
House
¥5.4M
¥60k/m²
- Kuchita, Asakita Ward, Hiroshima City
- Aki Yaguchi · 18 min walk
- Land 100 m² · floor 90 m²
- Built 1990 (36 yrs) · Wood
¥24.0M
¥240k/m²
- Higashikawaguchicho, Fukuyama City
- Fukuyama
- Land 155 m² · floor 100 m²
- Built 2018 (8 yrs) · Wood
¥44.0M
¥489k/m²
- Nukushina, Higashi Ward, Hiroshima City
- Hiroshima
- Land 145 m² · floor 90 m²
- Built 2026 (0 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2006 | ¥13.0M | ¥28.0M |
| 2007 | ¥13.0M | ¥23.0M |
| 2008 | ¥12.0M | ¥23.0M |
| 2009 | ¥14.0M | ¥20.0M |
| 2010 | ¥15.0M | ¥22.0M |
| 2011 | ¥13.0M | ¥22.0M |
| 2012 | ¥13.0M | ¥21.0M |
| 2013 | ¥14.0M | ¥22.0M |
| 2014 | ¥15.5M | ¥23.0M |
| 2015 | ¥16.0M | ¥23.0M |
| 2016 | ¥17.0M | ¥24.0M |
| 2017 | ¥16.0M | ¥24.0M |
| 2018 | ¥18.0M | ¥23.0M |
| 2019 | ¥19.0M | ¥24.0M |
| 2020 | ¥22.0M | ¥24.0M |
| 2021 | ¥21.0M | ¥24.0M |
| 2022 | ¥20.5M | ¥22.0M |
| 2023 | ¥22.0M | ¥22.0M |
| 2024 | ¥22.0M | ¥23.0M |
| 2025 | ¥23.0M | ¥23.0M |
| 2026 (partial) | ¥22.0M | ¥22.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2006 | ¥214k/m² | ¥200k/m² | ¥85k/m² |
| 2007 | ¥200k/m² | ¥173k/m² | ¥56k/m² |
| 2008 | ¥200k/m² | ¥170k/m² | ¥51k/m² |
| 2009 | ¥200k/m² | ¥147k/m² | ¥52k/m² |
| 2010 | ¥231k/m² | ¥160k/m² | ¥53k/m² |
| 2011 | ¥200k/m² | ¥158k/m² | ¥50k/m² |
| 2012 | ¥200k/m² | ¥155k/m² | ¥48k/m² |
| 2013 | ¥215k/m² | ¥163k/m² | ¥45k/m² |
| 2014 | ¥229k/m² | ¥163k/m² | ¥46k/m² |
| 2015 | ¥243k/m² | ¥165k/m² | ¥46k/m² |
| 2016 | ¥246k/m² | ¥174k/m² | ¥48k/m² |
| 2017 | ¥240k/m² | ¥185k/m² | ¥47k/m² |
| 2018 | ¥262k/m² | ¥179k/m² | ¥50k/m² |
| 2019 | ¥286k/m² | ¥188k/m² | ¥51k/m² |
| 2020 | ¥300k/m² | ¥191k/m² | ¥45k/m² |
| 2021 | ¥295k/m² | ¥191k/m² | ¥45k/m² |
| 2022 | ¥300k/m² | ¥174k/m² | ¥49k/m² |
| 2023 | ¥317k/m² | ¥164k/m² | ¥53k/m² |
| 2024 | ¥314k/m² | ¥168k/m² | ¥60k/m² |
| 2025 | ¥329k/m² | ¥160k/m² | ¥65k/m² |
| 2026 (partial) | ¥300k/m² | ¥152k/m² | ¥58k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥615k/m² | ¥340k/m² |
| 1 | ¥506k/m² | ¥320k/m² |
| 2 | ¥545k/m² | ¥311k/m² |
| 3 | ¥514k/m² | ¥309k/m² |
| 4 | ¥524k/m² | ¥287k/m² |
| 5 | ¥529k/m² | ¥300k/m² |
| 6 | ¥514k/m² | ¥296k/m² |
| 7 | ¥446k/m² | ¥239k/m² |
| 8 | ¥466k/m² | ¥250k/m² |
| 9 | ¥412k/m² | ¥262k/m² |
| 10 | ¥415k/m² | ¥260k/m² |
| 11 | ¥386k/m² | ¥237k/m² |
| 12 | ¥412k/m² | ¥240k/m² |
| 13 | ¥400k/m² | ¥232k/m² |
| 14 | ¥386k/m² | ¥194k/m² |
| 15 | ¥343k/m² | ¥221k/m² |
| 16 | ¥350k/m² | ¥182k/m² |
| 17 | ¥374k/m² | ¥176k/m² |
| 18 | ¥341k/m² | ¥168k/m² |
| 19 | ¥318k/m² | ¥184k/m² |
| 20 | ¥368k/m² | ¥170k/m² |
| 21 | ¥343k/m² | ¥197k/m² |
| 22 | ¥329k/m² | ¥147k/m² |
| 23 | ¥326k/m² | ¥167k/m² |
| 24 | ¥250k/m² | ¥129k/m² |
| 25 | ¥271k/m² | ¥130k/m² |
| 26 | ¥295k/m² | ¥131k/m² |
| 27 | ¥240k/m² | ¥126k/m² |
| 28 | ¥238k/m² | ¥123k/m² |
| 29 | ¥250k/m² | ¥111k/m² |
| 30 | ¥249k/m² | ¥133k/m² |
| 31 | ¥232k/m² | ¥124k/m² |
| 32 | ¥215k/m² | ¥112k/m² |
| 33 | ¥200k/m² | ¥107k/m² |
| 34 | ¥252k/m² | ¥115k/m² |
| 35 | ¥256k/m² | ¥121k/m² |
| 36 | ¥170k/m² | ¥121k/m² |
| 37 | ¥140k/m² | ¥119k/m² |
| 38 | ¥218k/m² | ¥93k/m² |
| 39 | ¥243k/m² | ¥114k/m² |
| 40 | ¥224k/m² | ¥102k/m² |
| 41 | ¥233k/m² | ¥88k/m² |
| 42 | ¥220k/m² | ¥73k/m² |
| 43 | ¥207k/m² | ¥86k/m² |
| 44 | ¥231k/m² | ¥82k/m² |
| 45 | ¥233k/m² | ¥71k/m² |
| 46 | ¥183k/m² | ¥77k/m² |
| 47 | ¥138k/m² | ¥67k/m² |
| 48 | ¥149k/m² | ¥64k/m² |
| 49 | ¥188k/m² | ¥67k/m² |
| 50 | ¥186k/m² | ¥60k/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 |
|---|---|---|---|---|
| 2006 | – | ¥207k/m² | ¥263k/m² | – |
| 2007 | ¥112k/m² | ¥187k/m² | ¥276k/m² | – |
| 2008 | ¥113k/m² | ¥195k/m² | ¥286k/m² | – |
| 2009 | ¥98k/m² | ¥170k/m² | ¥294k/m² | – |
| 2010 | ¥100k/m² | ¥185k/m² | ¥338k/m² | – |
| 2011 | ¥125k/m² | ¥170k/m² | ¥271k/m² | ¥367k/m² |
| 2012 | ¥143k/m² | ¥176k/m² | ¥308k/m² | – |
| 2013 | ¥123k/m² | ¥186k/m² | ¥292k/m² | – |
| 2014 | ¥150k/m² | ¥200k/m² | ¥284k/m² | – |
| 2015 | ¥123k/m² | ¥205k/m² | ¥300k/m² | ¥343k/m² |
| 2016 | ¥141k/m² | ¥207k/m² | ¥322k/m² | ¥413k/m² |
| 2017 | ¥173k/m² | ¥210k/m² | ¥286k/m² | ¥418k/m² |
| 2018 | ¥175k/m² | ¥222k/m² | ¥347k/m² | ¥406k/m² |
| 2019 | ¥183k/m² | ¥231k/m² | ¥333k/m² | ¥476k/m² |
| 2020 | ¥171k/m² | ¥240k/m² | ¥337k/m² | ¥429k/m² |
| 2021 | ¥183k/m² | ¥231k/m² | ¥354k/m² | ¥458k/m² |
| 2022 | ¥160k/m² | ¥240k/m² | ¥386k/m² | ¥457k/m² |
| 2023 | ¥213k/m² | ¥246k/m² | ¥378k/m² | ¥462k/m² |
| 2024 | ¥186k/m² | ¥233k/m² | ¥375k/m² | ¥483k/m² |
| 2025 | ¥215k/m² | ¥250k/m² | ¥359k/m² | ¥489k/m² |
| 2026 (partial) | – | ¥233k/m² | ¥314k/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 |
|---|---|---|---|---|
| 2006 | ¥131k/m² | ¥150k/m² | ¥283k/m² | – |
| 2007 | ¥106k/m² | ¥141k/m² | ¥267k/m² | – |
| 2008 | ¥100k/m² | ¥136k/m² | ¥273k/m² | – |
| 2009 | ¥88k/m² | ¥119k/m² | ¥264k/m² | – |
| 2010 | ¥100k/m² | ¥121k/m² | ¥267k/m² | ¥316k/m² |
| 2011 | ¥90k/m² | ¥116k/m² | ¥227k/m² | ¥279k/m² |
| 2012 | ¥86k/m² | ¥118k/m² | ¥200k/m² | ¥282k/m² |
| 2013 | ¥82k/m² | ¥122k/m² | ¥197k/m² | ¥278k/m² |
| 2014 | ¥84k/m² | ¥117k/m² | ¥200k/m² | ¥276k/m² |
| 2015 | ¥87k/m² | ¥116k/m² | ¥180k/m² | ¥286k/m² |
| 2016 | ¥86k/m² | ¥118k/m² | ¥179k/m² | ¥291k/m² |
| 2017 | ¥70k/m² | ¥117k/m² | ¥192k/m² | ¥296k/m² |
| 2018 | ¥78k/m² | ¥112k/m² | ¥190k/m² | ¥292k/m² |
| 2019 | ¥67k/m² | ¥112k/m² | ¥193k/m² | ¥305k/m² |
| 2020 | ¥65k/m² | ¥107k/m² | ¥181k/m² | ¥291k/m² |
| 2021 | ¥74k/m² | ¥118k/m² | ¥192k/m² | ¥289k/m² |
| 2022 | ¥71k/m² | ¥113k/m² | ¥200k/m² | ¥285k/m² |
| 2023 | ¥65k/m² | ¥115k/m² | ¥179k/m² | ¥279k/m² |
| 2024 | ¥71k/m² | ¥123k/m² | ¥172k/m² | ¥273k/m² |
| 2025 | ¥65k/m² | ¥114k/m² | ¥185k/m² | ¥254k/m² |
| 2026 (partial) | ¥64k/m² | ¥100k/m² | ¥164k/m² | ¥273k/m² |
Prices by area in Hiroshima
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 |
|---|---|---|---|---|---|
| Higashi Ward, Hiroshima City | ¥425k/m² | ¥28.5M | ¥30.0M | ¥160k/m² | +54.7% |
| Asaminami Ward, Hiroshima City | ¥408k/m² | ¥30.0M | ¥29.0M | ¥140k/m² | +16.5% |
| Naka Ward, Hiroshima City | ¥400k/m² | ¥22.0M | ¥86.0M | ¥310k/m² | +8.3% |
| Hatsukaichi City | ¥393k/m² | ¥26.0M | ¥24.0M | ¥95k/m² | +48.5% |
| Minami Ward, Hiroshima City | ¥387k/m² | ¥28.5M | ¥40.0M | ¥270k/m² | -1.6% |
| Fuchu Town, Aki County | – | – | ¥42.0M | ¥220k/m² | – |
| Nishi Ward, Hiroshima City | ¥331k/m² | ¥24.5M | ¥39.0M | ¥190k/m² | +7.9% |
| Saeki Ward, Hiroshima City | ¥330k/m² | ¥26.0M | ¥30.0M | ¥130k/m² | – |
| Kaita Town, Aki County | – | – | ¥30.0M | ¥150k/m² | – |
| Fukuyama City | ¥257k/m² | ¥20.0M | ¥20.0M | ¥51k/m² | -12.0% |
| Kure City | ¥200k/m² | ¥13.5M | ¥11.0M | ¥60k/m² | -3.2% |
| Higashihiroshima City | – | – | ¥28.0M | ¥65k/m² | – |
| Aki Ward, Hiroshima City | – | – | ¥25.0M | ¥61k/m² | – |
| Kumano Town, Aki County | – | – | ¥24.0M | ¥25k/m² | – |
| Otake City | – | – | ¥17.5M | – | – |
| Asakita Ward, Hiroshima City | – | – | ¥17.0M | ¥45k/m² | – |
| Mihara City | – | – | ¥6.9M | ¥41k/m² | – |
| Onomichi City | – | – | ¥6.8M | ¥30k/m² | – |
| Miyoshi City | – | – | ¥8.8M | ¥14k/m² | – |
| Takehara City | – | – | ¥5.7M | ¥38k/m² | – |
| Shobara City | – | – | – | ¥13k/m² | – |
| Akitakata City | – | – | – | ¥14k/m² | – |
| Kitahiroshima Town, Yamagata County | – | – | – | ¥4k/m² | – |
Prices near train stations in Hiroshima
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 |
|---|---|---|---|---|---|
| Hiroshima (広島) | ¥25.0M | ¥400k/m² | ¥40.0M | 18 | 1434 |
| Fukuyama (福山) | ¥21.0M | ¥275k/m² | ¥21.0M | 16 | 682 |
| Itsukaichi (五日市) | ¥20.5M | ¥310k/m² | ¥30.0M | 18 | 374 |
| Onomichi (尾道) | ¥23.0M | ¥318k/m² | ¥6.0M | 13 | 348 |
| Kure (呉) | ¥21.0M | ¥300k/m² | ¥8.0M | 18 | 317 |
| Saijo(Hiroshima) (西条(広島)) | ¥24.0M | ¥328k/m² | ¥30.0M | 15 | 313 |
| Nishi Hiroshima (西広島) | ¥21.5M | ¥331k/m² | ¥29.0M | 20 | 239 |
| Mihara (三原) | ¥20.0M | ¥250k/m² | ¥10.0M | 15 | 238 |
| Higashi Fukuyama (東福山) | ¥14.5M | ¥200k/m² | ¥25.0M | 19 | 213 |
| Kabe(Hiroshima) (可部) | – | – | ¥8.8M | 13 | 204 |
| Yano (矢野) | ¥22.0M | ¥300k/m² | ¥25.0M | 13 | 188 |
| Miyauchi Kushido (宮内串戸) | – | – | ¥15.0M | 14 | 185 |
| Shin Inokuchi (新井口) | ¥20.5M | ¥268k/m² | ¥43.0M | 16 | 152 |
| Kaitaichi (海田市) | ¥16.5M | ¥231k/m² | ¥35.0M | 16 | 123 |
| Matsunaga (松永) | – | – | ¥24.0M | 14 | 112 |
Used condo prices by layout in Hiroshima
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 3LDK | ¥23.0M | 70 m² | 667 |
| 4LDK | ¥26.0M | 80 m² | 199 |
| 2LDK | ¥24.0M | 65 m² | 168 |
| 1K | ¥4.5M | 20 m² | 71 |
| 1LDK | ¥20.0M | 50 m² | 46 |
| 1DK | ¥9.4M | 30 m² | 19 |
| 2DK | ¥15.0M | 50 m² | 19 |
| 3DK | ¥11.2M | 60 m² | 10 |
How much does an apartment cost in Hiroshima?
The median used condo (mansion) in Hiroshima sold for ¥23.0M in 2025, about ¥329k/m², based on 430 recorded sales.
How much does a house cost in Hiroshima?
The median house sale, including the land, was ¥23.0M in 2025 across 2517 sales.
Are property prices in Hiroshima going up?
Over the five years to 2025, condo prices per m² changed +9.8% and residential land prices changed +44.4%.
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.