Itsukushima Shrine, Hatsukaichi, Hiroshima
Photo: Itsukushima Shrine, Hatsukaichi, Hiroshima · Nicki Eliza Schinow / Unsplash

Asaminami Ward, Hiroshima City Housing Market Report 2025

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

Key figures for 2025

Median used condo price
¥30.0M
¥408k/m²
Median house price (land + building)
¥29.0M
Residential land per m² (sales)
¥140k/m²
+16.7% over 5 years
Transactions in 2025
320
#2 of 20 areas in Hiroshima by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 0.6% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Outperforming Hiroshima

Per m², houses here are 64% above the Hiroshima average. The premium has grown from 44% ten years ago, so Asaminami Ward, Hiroshima City has been outperforming its surroundings.

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 14% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

A family market

90% of recent condo sales have three or more bedrooms. Demand comes mainly from owner-occupier families, which tends to make prices steadier but rental yields lower.

Sales are thinning out

Transactions are down about 8% 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 ¥14.5M and ¥42.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.3% between 2020 and 2025 (−4.2% for the wider area). More people moved out than in during 2025 (about 7.6 per 1,000 residents), which weakens long-term housing demand. Households still grew 2.7% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

7.4% of homes were empty in 2023 (15.8% for the wider area), and 2.1% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Moderate earthquake risk

The government's seismic model gives a 35% chance of shaking of intensity 6-lower or stronger in the next 30 years (29% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

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 +3% in the year to January 2026 and +13% over five years. They are still 42% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 58% are inside the worst-case flood zone (53% with expected depths of 3 m or more), 13% are in a landslide warning area. Most worst-case flood zones are shallow (under 0.5 m) at the edges, so depth matters as much as the share. Check the hazard map for any specific address before buying.

Living in Asaminami Ward, Hiroshima City: people, homes and risks

Population 2025
243,794
-1.3% since 2020
Hiroshima: -4.2%
Net moves in 2025
-1,857
-7.62 per 1,000 residents
Hiroshima: -3.7
Vacant homes (2023)
7.4%
2.1% empty and not for rent or sale
Hiroshima: 15.8%
Median rent (2023)
¥61k
per month, all rented homes
Hiroshima: ¥53k
Strong earthquake risk
35.0%
chance of shaking of intensity 6-lower or more within 30 years
Hiroshima: 28.6%
Official land price 2026
¥101k/m²
+2.9% in a year · +12.5% in 5 years
Hiroshima: ¥62k/m²
Flood exposure
57.9%
of 38 benchmark sites in a worst-case flood zone (52.6% 3 m or deeper)
Hiroshima: 51.0%
Landslide exposure
13.2%
of 38 benchmark sites in a landslide warning area
Hiroshima: 13.6%

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 Asaminami Ward, Hiroshima 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.

Condo

Lower-priced2025 Q4

¥27.0M

¥386k/m²

  • Nishihara
  • Shimo Gion · 8 min walk
  • 2LDK · 70 m²
  • Built 1988 (37 yrs) · RC
Typical2026 Q1

¥30.0M

¥400k/m²

  • Nagatsuka
  • Aki Nagatsuka · 10 min walk
  • 2LDK · 75 m²
  • Built 2009 (17 yrs) · RC
Higher-priced2026 Q1

¥36.0M

¥450k/m²

  • Yamamoto
  • Shimo Gion · 9 min walk
  • 4LDK · 80 m²
  • Built 2012 (14 yrs) · RC

House

Lower-priced2025 Q4

¥11.0M

¥157k/m²

  • Yasuhigashi
  • Yasuhigashi · 7 min walk
  • Land 100 m² · floor 70 m²
  • Built 1973 (52 yrs) · Wood
Typical2026 Q2

¥30.0M

¥250k/m²

  • Ozukanishi
  • Ozuka(Hiroshima)
  • Land 170 m² · floor 120 m²
  • Built 2001 (25 yrs) · Light steel
Higher-priced2025 Q4

¥42.0M

¥350k/m²

  • Kawauchi
  • Furuichi(Hiroshima) · 14 min walk
  • Land 120 m² · floor 120 m²
  • Built 2024 (1 yrs) · Wood
Median transaction price by yearCondos now cost more than houses — Since 2025, the median used condo has sold for more than the median house with its land, reversing the earlier pattern. Since then condo prices have moved +28% while house prices moved -6%. Condo demand is concentrated in central, well-connected locations, while many houses sold are older homes in outlying areas where prices are flat or falling. Buyers are paying for convenience over space.
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥15.5M¥31.0M
2007¥18.0M¥28.0M
2008¥15.0M¥28.0M
2009¥15.0M¥27.5M
2010¥16.0M¥28.5M
2011¥17.0M¥28.0M
2012¥16.0M¥29.0M
2013¥17.0M¥29.0M
2014¥19.5M¥27.0M
2015¥19.5M¥28.5M
2016¥18.0M¥28.0M
2017¥18.5M¥31.0M
2018¥24.5M¥31.0M
2019¥20.0M¥31.0M
2020¥26.0M¥33.0M
2021¥26.0M¥32.0M
2022¥22.0M¥31.5M
2023¥25.0M¥36.0M
2024¥23.5M¥31.0M
2025¥30.0M¥29.0M
2026 (partial)–¥33.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 27% 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¥200k¥400k¥600k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥214k/m²¥269k/m²¥76k/m²
2007¥246k/m²¥244k/m²¥80k/m²
2008¥226k/m²¥218k/m²¥82k/m²
2009¥213k/m²¥232k/m²¥87k/m²
2010¥243k/m²¥232k/m²¥91k/m²
2011¥233k/m²¥238k/m²¥93k/m²
2012¥242k/m²¥238k/m²¥84k/m²
2013¥240k/m²¥243k/m²¥85k/m²
2014¥267k/m²¥242k/m²¥83k/m²
2015¥278k/m²¥230k/m²¥67k/m²
2016¥255k/m²¥243k/m²¥85k/m²
2017¥273k/m²¥282k/m²¥88k/m²
2018¥305k/m²¥265k/m²¥89k/m²
2019¥270k/m²¥276k/m²¥98k/m²
2020¥350k/m²¥280k/m²¥120k/m²
2021¥338k/m²¥271k/m²¥99k/m²
2022¥364k/m²¥257k/m²¥120k/m²
2023¥372k/m²¥321k/m²¥96k/m²
2024¥336k/m²¥276k/m²¥130k/m²
2025¥408k/m²¥263k/m²¥140k/m²
2026 (partial)–¥257k/m²¥105k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 24 years — House prices per m² drop about 51% from new by age 24, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥364k/m²
1¥358k/m²
2¥361k/m²
8¥284k/m²
17¥238k/m²
19¥241k/m²
24¥178k/m²
28¥170k/m²
30¥167k/m²
31¥170k/m²
32¥140k/m²
36¥225k/m²
37¥149k/m²
39¥140k/m²
42¥130k/m²
44¥115k/m²
45¥146k/m²
46¥113k/m²
47¥160k/m²
48¥66k/m²
49¥118k/m²
50¥128k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2006200820102012201420162018202020222024

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
2006¥135k/m²¥160k/m²¥288k/m²–
2007¥126k/m²¥169k/m²¥296k/m²–
2008¥129k/m²¥150k/m²¥291k/m²–
2009¥108k/m²¥168k/m²¥292k/m²–
2010¥127k/m²¥144k/m²¥275k/m²–
2011¥116k/m²¥160k/m²¥238k/m²¥298k/m²
2012¥100k/m²¥152k/m²–¥300k/m²
2013¥113k/m²¥143k/m²–¥290k/m²
2014¥130k/m²¥163k/m²¥248k/m²¥286k/m²
2015¥96k/m²¥156k/m²–¥300k/m²
2016¥103k/m²¥167k/m²–¥309k/m²
2017¥105k/m²¥152k/m²¥250k/m²¥320k/m²
2018¥118k/m²¥147k/m²–¥310k/m²
2019¥105k/m²¥153k/m²–¥322k/m²
2020¥102k/m²¥171k/m²–¥324k/m²
2021¥122k/m²¥171k/m²–¥328k/m²
2022¥112k/m²¥171k/m²––
2023¥130k/m²¥200k/m²––
2024¥118k/m²¥173k/m²––
2025¥102k/m²¥150k/m²––

Prices near train stations in Asaminami Ward, Hiroshima City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Aki Nagatsuka (安芸長束)––¥34.0M10106
Yasuhigashi (安東)––¥21.0M1357
Kamiyasu (上安)––¥16.5M1651
Shimo Gion (下祇園)¥30.0M¥462k/m²¥38.0M1048
Bishamondai (毘沙門台)––¥20.0M940
Nakasuji (中筋)––¥42.0M1238
Furuichibashi (古市橋)––¥37.0M634
Ozuka(Hiroshima) (大塚(広島))––¥41.0M1533
Furuichi(Hiroshima) (古市(広島))––¥40.0M1829
Midorii (緑井)––¥42.0M828
Gion Shinbashi Kita (祇園新橋北)––¥46.0M823
Shichikenjaya (七軒茶屋)––¥37.0M821
Omachi(Hiroshima) (大町(広島))––¥41.0M918
Nishihara(Hiroshima) (西原(広島))––¥54.0M717
Obara(Hiroshima) (大原(広島))––¥31.0M817

Used condo prices by layout in Asaminami Ward, Hiroshima City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥27.0M70 m²46
4LDK¥30.0M80 m²16

How much does an apartment cost in Asaminami Ward, Hiroshima City?

The median used condo (mansion) in Asaminami Ward, Hiroshima City sold for ¥30.0M in 2025, about ¥408k/m², based on 20 recorded sales.

How much does a house cost in Asaminami Ward, Hiroshima City?

The median house sale, including the land, was ¥29.0M in 2025 across 191 sales.

Are property prices in Asaminami Ward, Hiroshima City going up?

Over the five years to 2025, condo prices per m² changed +16.5% and residential land prices changed +16.7%.

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.