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

Saeki 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
¥26.0M
¥330k/m²
Median house price (land + building)
¥30.0M
Residential land per m² (sales)
¥130k/m²
+30.0% over 5 years
Transactions in 2025
222
#8 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 1.5% 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 60% above the Hiroshima average. The premium has grown from 13% ten years ago, so Saeki Ward, Hiroshima City has been outperforming its surroundings.

A family market

83% 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 20% 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 ¥15.0M 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 3.1 per 1,000 residents), which weakens long-term housing demand. Households still grew 2.8% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

8.8% of homes were empty in 2023 (15.8% for the wider area), and 3.9% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Moderate earthquake risk

The government's seismic model gives a 22% 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 +12% over five years. They are still 46% 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, 30% are in a tsunami inundation zone, 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 Saeki Ward, Hiroshima City: people, homes and risks

Population 2025
137,779
-1.3% since 2020
Hiroshima: -4.2%
Net moves in 2025
-428
-3.11 per 1,000 residents
Hiroshima: -3.7
Vacant homes (2023)
8.8%
3.9% empty and not for rent or sale
Hiroshima: 15.8%
Median rent (2023)
¥57k
per month, all rented homes
Hiroshima: ¥53k
Strong earthquake risk
21.5%
chance of shaking of intensity 6-lower or more within 30 years
Hiroshima: 28.6%
Official land price 2026
¥117k/m²
+3.0% in a year · +11.9% in 5 years
Hiroshima: ¥62k/m²
Flood exposure
0.0%
of 30 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hiroshima: 51.0%
Tsunami exposure
30.0%
of 30 benchmark sites in a tsunami inundation zone
Hiroshima: 31.1%
Landslide exposure
13.3%
of 30 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 Saeki 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 Q3

¥13.0M

¥186k/m²

  • Miyake
  • Itsukaichi
  • 3LDK · 70 m²
  • Built 1999 (26 yrs) · SRC
Typical2025 Q4

¥20.0M

¥286k/m²

  • Kairoen
  • Itsukaichi · 23 min walk
  • 3LDK · 70 m²
  • Built 1986 (39 yrs) · SRC
Higher-priced2026 Q1

¥34.0M

¥523k/m²

  • Itsukaichiekimae
  • Itsukaichi · 6 min walk
  • 3LDK · 65 m²
  • Built 2013 (13 yrs) · RC

House

Lower-priced2026 Q2

¥12.0M

¥100k/m²

  • Misuzugaokahigashi
  • Nishi Hiroshima
  • Land 175 m² · floor 120 m²
  • Built 1988 (38 yrs) · Wood
Typical2025 Q3

¥31.0M

¥295k/m²

  • Itsukaichi
  • Itsukaichi · 14 min walk
  • Land 165 m² · floor 105 m²
  • Built 2001 (24 yrs) · Wood
Higher-priced2025 Q3

¥44.0M

¥463k/m²

  • Sendo
  • Itsukaichi
  • Land 140 m² · floor 95 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by yearA jump driven by what sold — The median condo price rose 37% between 2023 and 2025. Per m², prices rose only 11%, 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 26 condo sales in 2025, a handful of expensive deals can move the median a lot.2026 so far: treat with caution — The 2026 figure (shaded) is 30% below 2025, but it covers only part of the year and 35 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥19.0M¥19.0M
2007–¥20.0M
2008–¥22.0M
2009–¥17.0M
2010¥10.0M¥20.0M
2011¥17.0M¥20.0M
2012¥11.0M¥19.0M
2013¥12.0M¥26.0M
2014¥17.0M¥22.0M
2015¥15.5M¥25.0M
2016–¥28.0M
2017¥13.5M¥32.0M
2018¥14.0M¥30.5M
2019–¥31.5M
2020–¥30.0M
2021¥20.0M¥34.5M
2022¥20.0M¥32.0M
2023¥19.0M¥29.5M
2024¥19.0M¥30.0M
2025¥26.0M¥30.0M
2026 (partial)–¥21.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 15% 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.
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥257k/m²¥167k/m²¥78k/m²
2007–¥167k/m²¥92k/m²
2008–¥173k/m²¥88k/m²
2009–¥145k/m²¥76k/m²
2010¥147k/m²¥146k/m²¥63k/m²
2011¥213k/m²¥153k/m²¥77k/m²
2012¥152k/m²¥164k/m²¥93k/m²
2013¥184k/m²¥235k/m²¥83k/m²
2014¥222k/m²¥176k/m²¥93k/m²
2015¥226k/m²¥194k/m²¥92k/m²
2016–¥226k/m²¥100k/m²
2017¥208k/m²¥270k/m²¥99k/m²
2018¥178k/m²¥288k/m²¥100k/m²
2019–¥289k/m²¥110k/m²
2020–¥276k/m²¥100k/m²
2021¥235k/m²¥288k/m²¥110k/m²
2022¥250k/m²¥264k/m²¥110k/m²
2023¥296k/m²¥218k/m²¥100k/m²
2024¥286k/m²¥248k/m²¥120k/m²
2025¥330k/m²¥276k/m²¥130k/m²
2026 (partial)–¥179k/m²–
Price per m² by building age (2021–2025 sales)Houses bottom out at around 29 years — House prices per m² drop about 65% from new by age 29, 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¥380k/m²
1¥343k/m²
29¥83k/m²
30¥151k/m²
31¥131k/m²
32¥148k/m²
33¥119k/m²
34¥165k/m²
35¥152k/m²
36¥156k/m²
37¥151k/m²
39¥119k/m²
40¥124k/m²
42¥113k/m²
43¥137k/m²
44¥149k/m²
45¥83k/m²
46¥161k/m²
48¥122k/m²
50¥213k/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¥157k/m²¥139k/m²¥305k/m²–
2007¥142k/m²¥140k/m²¥288k/m²–
2008–¥138k/m²¥302k/m²–
2009¥144k/m²¥118k/m²¥270k/m²–
2010¥133k/m²¥119k/m²¥287k/m²–
2011¥142k/m²¥117k/m²–¥295k/m²
2012¥117k/m²¥129k/m²–¥290k/m²
2013–¥127k/m²–¥283k/m²
2014¥100k/m²¥129k/m²–¥286k/m²
2015¥115k/m²¥133k/m²–¥291k/m²
2016¥159k/m²¥133k/m²–¥300k/m²
2017–¥123k/m²–¥336k/m²
2018–¥122k/m²–¥329k/m²
2019–¥145k/m²–¥368k/m²
2020–¥108k/m²–¥324k/m²
2021¥169k/m²¥142k/m²–¥330k/m²
2022¥143k/m²¥126k/m²––
2023–¥168k/m²––
2024¥144k/m²¥103k/m²––
2025–¥100k/m²––

Prices near train stations in Saeki 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
Itsukaichi (五日市)¥20.0M¥300k/m²¥30.0M19370
Nishi Hiroshima (西広島)––¥21.0M–52
Ozuka(Hiroshima) (大塚(広島))––¥47.5M2831

Used condo prices by layout in Saeki Ward, Hiroshima City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥20.0M70 m²53
4LDK¥27.0M85 m²11
2LDK¥18.0M60 m²11

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

The median used condo (mansion) in Saeki Ward, Hiroshima City sold for ¥26.0M in 2025, about ¥330k/m², based on 26 recorded sales.

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

The median house sale, including the land, was ¥30.0M in 2025 across 125 sales.

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

Over the five years to 2025, residential land prices changed +30.0%.

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.