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

Otake 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)
¥17.5M
Transactions in 2025
49
#15 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 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 26% below the Hiroshima average. The discount has shrunk from 33% ten years ago, so Otake City is catching up with its surroundings.

Sales are thinning out

Transactions are down about 51% 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 ¥5.9M and ¥27.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 6.3% between 2020 and 2025 (−4.2% for the wider area). Moves in and out roughly balanced in 2025.

Many abandoned homes

21.2% of homes were empty in 2023 (15.8% for the wider area), and 13.6% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow.

Lower earthquake risk

The government's seismic model gives a 19% chance of shaking of intensity 6-lower or stronger in the next 30 years (29% 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 +1% in the year to January 2026 and +3% over five years. 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, 50% are inside the worst-case flood zone, 50% are in a tsunami inundation zone. 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 Otake City: people, homes and risks

Population 2025
24,652
-6.3% since 2020
Hiroshima: -4.2%
Net moves in 2025
-25
-1.01 per 1,000 residents
Hiroshima: -3.7
Vacant homes (2023)
21.2%
13.6% empty and not for rent or sale
Hiroshima: 15.8%
Median rent (2023)
¥44k
per month, all rented homes
Hiroshima: ¥53k
Strong earthquake risk
19.2%
chance of shaking of intensity 6-lower or more within 30 years
Hiroshima: 28.6%
Official land price 2026
¥53k/m²
+0.7% in a year · +3.0% in 5 years
Hiroshima: ¥62k/m²
Flood exposure
50.0%
of 6 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hiroshima: 51.0%
Tsunami exposure
50.0%
of 6 benchmark sites in a tsunami inundation zone
Hiroshima: 31.1%
Landslide exposure
0.0%
of 6 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 Otake 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 Q4

¥5.8M

¥89k/m²

  • Kuba
  • Kuba · 23 min walk
  • Land 175 m² · floor 65 m²
  • Built 1990 (35 yrs) · Wood
Typical2025 Q4

¥20.0M

¥200k/m²

  • Ogatagaoka
  • Otake
  • Land 175 m² · floor 100 m²
  • Built 2013 (12 yrs) · Wood
Higher-priced2025 Q4

¥32.0M

¥119k/m²

  • Hommachi
  • Otake · 8 min walk
  • Land 530 m² · floor 270 m²
  • Built 1988 (37 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008–
2009–
2010–
2011–
2012¥25.0M
2013¥27.0M
2014¥22.0M
2015¥10.5M
2016¥18.0M
2017¥23.5M
2018¥14.0M
2019¥14.0M
2020¥23.0M
2021¥19.0M
2022¥22.0M
2024¥16.0M
2025¥17.5M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥60k/m²
2008–¥72k/m²
2009–¥66k/m²
2010–¥70k/m²
2011–¥80k/m²
2012¥210k/m²¥36k/m²
2013¥200k/m²¥42k/m²
2014¥121k/m²¥55k/m²
2015¥100k/m²¥39k/m²
2016¥180k/m²¥54k/m²
2017¥219k/m²¥37k/m²
2018¥106k/m²¥66k/m²
2019¥110k/m²¥44k/m²
2020¥220k/m²¥42k/m²
2021¥158k/m²¥37k/m²
2022¥205k/m²¥60k/m²
2024¥124k/m²¥45k/m²
2025¥119k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥278k/m²
1¥200k/m²
50¥42k/m²

Prices near train stations in Otake City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Otake (大竹)––¥20.0M1454
Kuba (玖波)––¥7.0M1428

How much does a house cost in Otake City?

The median house sale, including the land, was ¥17.5M in 2025 across 34 sales.

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.