Odori Park, Sapporo, Hokkaido
Photo: Odori Park, Sapporo, Hokkaido · Lucas Cheng / Unsplash

Hokuto 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)
¥10.8M
Residential land per m² (sales)
¥7k/m²
-54.7% over 5 years
Transactions in 2025
92
#23 of 48 areas in Hokkaido by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 6.1% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Hokkaido

Per m², houses here are 14% below the Hokkaido average. Ten years ago the gap was 26%, so Hokuto City has been falling behind the rest of Hokkaido.

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 109% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

What a typical purchase costs

Half of all house sales last year were between ¥4.3M and ¥21.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 8.4% between 2020 and 2025 (−4.6% for the wider area). More people moved out than in during 2025 (about 5.7 per 1,000 residents), which weakens long-term housing demand.

Typical vacancy

14.5% of homes were empty in 2023 (15.6% for the wider area), and 7.2% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Lower earthquake risk

The government's seismic model gives a 11% chance of shaking of intensity 6-lower or stronger in the next 30 years (11% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Official land prices are still falling

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 -2% 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, 75% are inside the worst-case flood zone, 75% 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 Hokuto City: people, homes and risks

Population 2025
40,601
-8.4% since 2020
Hokkaido: -4.6%
Net moves in 2025
-231
-5.69 per 1,000 residents
Hokkaido: -1.04
Vacant homes (2023)
14.5%
7.2% empty and not for rent or sale
Hokkaido: 15.6%
Median rent (2023)
¥45k
per month, all rented homes
Hokkaido: ¥46k
Strong earthquake risk
11.0%
chance of shaking of intensity 6-lower or more within 30 years
Hokkaido: 10.5%
Official land price 2026
¥19k/m²
-0.6% in a year · -2.1% in 5 years
Hokkaido: ¥30k/m²
Flood exposure
75.0%
of 8 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hokkaido: 51.8%
Tsunami exposure
75.0%
of 8 benchmark sites in a tsunami inundation zone
Hokkaido: 13.2%
Landslide exposure
0.0%
of 8 benchmark sites in a landslide warning area
Hokkaido: 0.6%

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 Hokuto 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 Q3

¥4.1M

¥46k/m²

  • Nanaehama
  • Nanaehama · 11 min walk
  • Land 160 m² · floor 90 m²
  • Built 1977 (48 yrs) · Wood
Typical2026 Q2

¥12.0M

¥141k/m²

  • Oiwake
  • Nanaehama · 16 min walk
  • Land 115 m² · floor 85 m²
  • Built 1984 (42 yrs) · Wood
Higher-priced2026 Q1

¥24.0M

¥48k/m²

  • Nanaehama
  • Nanaehama · 13 min walk
  • Land 740 m² · floor 500 m²
  • Built 1995 (31 yrs) · Steel
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M200820102012201420162018202020222024
Show data table
YearHouse
2008¥15.0M
2009¥16.0M
2010¥15.0M
2011¥14.0M
2012¥13.0M
2013¥17.0M
2014¥12.0M
2015¥16.0M
2016¥20.5M
2017¥14.0M
2018¥18.5M
2019¥14.5M
2020¥13.0M
2021¥11.0M
2022¥17.0M
2023¥14.0M
2024¥14.0M
2025¥10.8M
Median price per m² by year
¥0¥50k¥100k¥150k200820102012201420162018202020222024
Show data table
YearHouseLand
2008¥123k/m²¥25k/m²
2009¥97k/m²¥17k/m²
2010¥117k/m²¥19k/m²
2011¥111k/m²¥18k/m²
2012¥97k/m²¥12k/m²
2013¥116k/m²¥21k/m²
2014¥89k/m²¥23k/m²
2015¥123k/m²¥24k/m²
2016¥105k/m²¥21k/m²
2017¥121k/m²¥15k/m²
2018¥102k/m²¥24k/m²
2019¥118k/m²¥24k/m²
2020¥100k/m²¥15k/m²
2021¥66k/m²¥20k/m²
2022¥84k/m²¥23k/m²
2023¥79k/m²¥22k/m²
2024¥74k/m²¥23k/m²
2025¥85k/m²¥7k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k048121620242832
Show data table
Building age (years)House
0¥240k/m²
1¥296k/m²
27¥42k/m²
28¥66k/m²
32¥54k/m²

Prices near train stations in Hokuto City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Nanaehama (七重浜)––¥22.0M1247
Shin Hakodate Hokuto (新函館北斗)––¥14.0M2432
Higashi Kunebetsu (東久根別)––¥12.0M1223
Kamiiso (上磯)––¥5.0M1821
Kiyokawaguchi (清川口)––¥15.0M814
Kunebetsu (久根別)––¥5.0M711

How much does a house cost in Hokuto City?

The median house sale, including the land, was ¥10.8M in 2025 across 46 sales.

Are property prices in Hokuto City going up?

Over the five years to 2025, residential land prices changed -54.7%.

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.