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

Naka Ward (Hiroshima) Housing Market 2025: The City Centre on a River Delta

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

Key figures for 2025

Median used condo price
¥22.0M
¥400k/m²
Median house price (land + building)
¥86.0M
Residential land per m² (sales)
¥310k/m²
+5.1% over 5 years
Transactions in 2025
245
#3 of 20 areas in Hiroshima by price per m²

Prices have stalled

Naka Ward covers central Hiroshima: Hondori, Kamiyacho and Peace Memorial Park. Condo prices per m² grew about 7% a year in the late 2010s, but only about 1.2% a year over the past five years. Condos cost about ¥0.40M per m², about 1.3 times the Hiroshima Prefecture average. The median condo sold for about ¥22M in 2025, down from ¥25M in 2024.

A family market

The most traded condo is a 65 m² 3LDK at about ¥30M, and about 40% of condo sales are family-sized. Houses sold for a median of about ¥86M in 2025, up from about ¥62M in 2024.

Still growing

Population grew 1.1% between 2020 and 2025, while Hiroshima Prefecture shrank 4.2%. Households grew 4.7%. Naka has the highest vacancy rate of Hiroshima's 8 wards, about 15%.

Good yields

A median condo costs about 32 years of median rent, better than the Hiroshima average of 36.

Very high flood exposure

Naka Ward sits on the delta of the Ota river. Every benchmark site is in the worst-case flood zone, about 87% are in zones of 3 m or deeper, and about 90% are in a tsunami zone, the highest shares of Hiroshima's 8 wards. Check the floor level and evacuation routes for any home here. Earthquake probability is moderate (about 25%). Central Hiroshima is an Urgent Urban Renewal Area, with big projects around Hiroshima Station and Kamiyacho.

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

Population 2025
144,267
+1.1% since 2020
Hiroshima: -4.2%
Net moves in 2025
+39
+0.27 per 1,000 residents
Hiroshima: -3.7
Vacant homes (2023)
14.6%
1.6% empty and not for rent or sale
Hiroshima: 15.8%
Median rent (2023)
¥58k
per month, all rented homes
Hiroshima: ¥53k
Strong earthquake risk
24.8%
chance of shaking of intensity 6-lower or more within 30 years
Hiroshima: 28.6%
Official land price 2026
¥307k/m²
+4.9% in a year · +21.3% in 5 years
Hiroshima: ¥62k/m²
Flood exposure
100.0%
of 45 benchmark sites in a worst-case flood zone (86.7% 3 m or deeper)
Hiroshima: 51.0%
Tsunami exposure
91.1%
of 45 benchmark sites in a tsunami inundation zone
Hiroshima: 31.1%
Landslide exposure
0.0%
of 45 benchmark sites in a landslide warning area
Hiroshima: 13.6%

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)

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 Naka 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-priced2026 Q2

¥13.0M

¥217k/m²

  • Tookaichimachi
  • Hiroshima
  • 2LDK · 60 m²
  • Built 1981 (45 yrs) · SRC
Typical2025 Q4

¥22.0M

¥232k/m²

  • Nakamachi
  • Hiroshima · 29 min walk
  • 3LDK · 95 m²
  • Built 1979 (46 yrs) · SRC
Higher-priced2025 Q4

¥44.0M

¥800k/m²

  • Honkawacho
  • Hiroshima
  • 2LDK · 55 m²
  • Built 2020 (5 yrs) · RC

House

Lower-priced2025 Q4

¥34.0M

¥378k/m²

  • Takeyacho
  • Hiroshima · 28 min walk
  • Land 60 m² · floor 90 m²
  • Built 2008 (17 yrs) · Wood
Typical2026 Q1

¥96.0M

¥1.9M/m²

  • Funairiminami
  • Hiroshima
  • Land 290 m² · floor 50 m²
  • Built 2010 (16 yrs) · Wood
Higher-priced2025 Q4

¥270M

¥563k/m²

  • Shintenchi
  • Hiroshima · 19 min walk
  • Land 110 m² · floor 480 m²
  • Built 2008 (17 yrs) · Steel
Median transaction price by yearA jump driven by what sold — The median house price rose 95% between 2023 and 2025. Per m², prices rose only 10%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 98 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥50.0M¥100M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥15.0M¥77.0M
2007¥14.5M¥72.0M
2008¥12.0M¥53.0M
2009¥13.0M¥39.0M
2010¥14.5M¥43.5M
2011¥12.0M¥38.0M
2012¥12.5M¥42.0M
2013¥13.0M¥45.0M
2014¥16.0M¥49.0M
2015¥14.0M¥45.5M
2016¥16.0M¥49.0M
2017¥11.5M¥58.0M
2018¥18.5M¥50.0M
2019¥23.0M¥40.5M
2020¥23.0M¥43.0M
2021¥19.5M¥46.0M
2022¥26.5M¥49.0M
2023¥24.5M¥44.0M
2024¥25.0M¥62.0M
2025¥22.0M¥86.0M
2026 (partial)–¥82.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 30% 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¥267k/m²¥222k/m²¥220k/m²
2007¥252k/m²¥232k/m²¥170k/m²
2008¥248k/m²¥207k/m²¥170k/m²
2009¥212k/m²¥193k/m²¥160k/m²
2010¥239k/m²¥200k/m²¥170k/m²
2011¥252k/m²¥186k/m²¥160k/m²
2012¥242k/m²¥217k/m²¥200k/m²
2013¥263k/m²¥214k/m²¥220k/m²
2014¥274k/m²¥250k/m²¥250k/m²
2015¥276k/m²¥245k/m²¥235k/m²
2016¥308k/m²¥282k/m²¥210k/m²
2017¥240k/m²¥286k/m²¥260k/m²
2018¥342k/m²¥340k/m²¥290k/m²
2019¥400k/m²¥298k/m²¥300k/m²
2020¥369k/m²¥346k/m²¥295k/m²
2021¥376k/m²¥350k/m²¥270k/m²
2022¥400k/m²¥261k/m²¥335k/m²
2023¥414k/m²¥345k/m²¥330k/m²
2024¥418k/m²¥267k/m²¥385k/m²
2025¥400k/m²¥310k/m²¥310k/m²
2026 (partial)–¥361k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥429k/m²
1–¥400k/m²
16¥439k/m²–
17¥400k/m²–
25¥400k/m²–
26¥399k/m²–
31–¥319k/m²
35¥300k/m²–
36–¥232k/m²
38¥314k/m²–
39¥272k/m²–
41–¥232k/m²
42¥223k/m²–
46–¥243k/m²
50–¥220k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2006200820102012201420162018202020222024

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
Year1971-19801981-20002001-2010
2006–¥271k/m²–
2007–¥246k/m²–
2008–¥246k/m²–
2009–¥222k/m²–
2010–¥213k/m²¥448k/m²
2011–¥226k/m²–
2012¥167k/m²¥218k/m²¥367k/m²
2013–¥231k/m²¥354k/m²
2014–¥259k/m²–
2015–¥265k/m²–
2016–¥269k/m²–
2017–¥240k/m²–
2018–¥312k/m²–
2019–¥344k/m²¥429k/m²
2020–¥350k/m²–
2021–¥313k/m²–
2022–¥343k/m²¥451k/m²
2024–¥330k/m²–
2025–¥310k/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
Year1971-19801981-20002011-2020
2006–¥190k/m²–
2007¥181k/m²¥209k/m²–
2008–¥194k/m²–
2009–¥162k/m²–
2010–¥194k/m²–
2011–¥141k/m²–
2012–¥194k/m²–
2013¥159k/m²¥197k/m²–
2014–¥230k/m²¥321k/m²
2015–¥183k/m²¥339k/m²
2016–¥215k/m²¥355k/m²
2017–¥269k/m²¥343k/m²
2018–¥249k/m²¥400k/m²
2019–¥261k/m²¥358k/m²
2020–¥228k/m²¥371k/m²
2021–¥273k/m²–
2022–¥215k/m²–
2024–¥263k/m²–
2025–¥333k/m²–

Prices near train stations in Naka 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
Hiroshima (広島)¥23.5M¥400k/m²¥65.0M19458

Used condo prices by layout in Naka Ward, Hiroshima City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥30.0M65 m²64
2LDK¥33.0M60 m²43
1K¥5.7M20 m²27
1LDK¥24.0M30 m²22
4LDK¥36.0M95 m²17
2DK¥15.0M50 m²11

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

The median used condo (mansion) in Naka Ward, Hiroshima City sold for ¥22.0M in 2025, about ¥400k/m², based on 83 recorded sales.

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

The median house sale, including the land, was ¥86.0M in 2025 across 98 sales.

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

Over the five years to 2025, condo prices per m² changed +8.3% and residential land prices changed +5.1%.

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.