Himeji Castle, Hyogo
Photo: Himeji Castle, Hyogo · Svetlana Gumerova / Unsplash

Akashi 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
¥15.0M
¥236k/m²
Median house price (land + building)
¥27.0M
-24.4% vs 2024
Residential land per m² (sales)
¥140k/m²
+16.7% over 5 years
Transactions in 2025
753
#14 of 41 areas in Hyogo by price per m²

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 4% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Moving with Hyogo

Per m², condos here are 40% below the Hyogo average. That position has barely changed in ten years, so it moves with the wider market.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 88% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

A family market

73% 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.

What a typical purchase costs

Half of all condo sales last year were between ¥9.2M and ¥28.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 1.1% between 2020 and 2025 (−2.6% for the wider area). More people moved in than out in 2025, a net gain of about 2.8 per 1,000 residents, so demand for homes is being topped up by newcomers.

Typical vacancy

11.2% of homes were empty in 2023 (13.8% for the wider area), and 4.8% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Buying vs renting

A median used condo costs about 21.5 years of the area's median rent (¥58k a month), compared with 32.3 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 44% chance of shaking of intensity 6-lower or stronger in the next 30 years (33% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Official land prices are rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +5% in the year to January 2026 and +19% over five years. They are still 52% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 25% are inside the worst-case flood 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 Akashi City: people, homes and risks

Population 2025
307,043
+1.1% since 2020
Hyogo: -2.6%
Net moves in 2025
+843
+2.75 per 1,000 residents
Hyogo: -0.39
Vacant homes (2023)
11.2%
4.8% empty and not for rent or sale
Hyogo: 13.8%
Median rent (2023)
¥58k
per month, all rented homes
Hyogo: ¥57k
Strong earthquake risk
44.4%
chance of shaking of intensity 6-lower or more within 30 years
Hyogo: 33.0%
Official land price 2026
¥111k/m²
+4.7% in a year · +18.9% in 5 years
Hyogo: ¥102k/m²
Flood exposure
25.0%
of 48 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hyogo: 46.1%
Landslide exposure
0.0%
of 48 benchmark sites in a landslide warning area
Hyogo: 4.3%

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 Akashi 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 Q1

¥7.0M

¥117k/m²

  • Uozumicho
  • Tsuchiyama · 15 min walk
  • 2LDK · 60 m²
  • Built 1994 (32 yrs) · SRC
Typical2025 Q4

¥16.0M

¥229k/m²

  • Fujie
  • Fujie · 10 min walk
  • 3LDK · 70 m²
  • Built 1998 (27 yrs)
Higher-priced2026 Q2

¥29.0M

¥483k/m²

  • Aioicho
  • Akashi · 12 min walk
  • 3LDK · 60 m²
  • Built 2008 (18 yrs) · RC

House

Lower-priced2025 Q3

¥7.0M

¥100k/m²

  • Okubocho
  • Eigashima · 2 min walk
  • Land 80 m² · floor 70 m²
  • Built 1972 (53 yrs) · Wood
Typical2025 Q4

¥27.0M

¥257k/m²

  • Uozumichosumiyoshi
  • Uozumi · 14 min walk
  • Land 175 m² · floor 105 m²
  • Built 2018 (7 yrs) · Wood
Higher-priced2026 Q1

¥47.0M

¥522k/m²

  • Nishiakashikitamachi
  • Nishi Akashi · 11 min walk
  • Land 95 m² · floor 90 m²
  • Built 2022 (4 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥8.3M¥29.0M
2007¥9.0M¥27.0M
2008¥8.7M¥26.0M
2009¥8.9M¥26.0M
2010¥9.8M¥27.0M
2011¥9.4M¥26.0M
2012¥8.5M¥25.0M
2013¥11.0M¥24.0M
2014¥9.8M¥26.0M
2015¥12.0M¥27.0M
2016¥9.8M¥27.0M
2017¥9.8M¥29.0M
2018¥12.0M¥28.0M
2019¥12.0M¥29.0M
2020¥14.0M¥30.0M
2021¥14.0M¥33.0M
2022¥14.5M¥32.0M
2023¥15.0M¥34.5M
2024¥16.0M¥32.0M
2025¥15.0M¥27.0M
2026 (partial)¥13.0M¥28.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 14% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has widened over the decade as condo prices pulled ahead.
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥127k/m²¥275k/m²¥94k/m²
2007¥136k/m²¥250k/m²¥92k/m²
2008¥133k/m²¥226k/m²¥94k/m²
2009¥141k/m²¥242k/m²¥85k/m²
2010¥146k/m²¥256k/m²¥82k/m²
2011¥146k/m²¥223k/m²¥91k/m²
2012¥134k/m²¥221k/m²¥82k/m²
2013¥167k/m²¥225k/m²¥91k/m²
2014¥158k/m²¥224k/m²¥92k/m²
2015¥163k/m²¥252k/m²¥98k/m²
2016¥153k/m²¥240k/m²¥97k/m²
2017¥152k/m²¥267k/m²¥100k/m²
2018¥173k/m²¥240k/m²¥100k/m²
2019¥186k/m²¥250k/m²¥100k/m²
2020¥200k/m²¥284k/m²¥120k/m²
2021¥200k/m²¥314k/m²¥110k/m²
2022¥231k/m²¥305k/m²¥120k/m²
2023¥217k/m²¥300k/m²¥130k/m²
2024¥233k/m²¥305k/m²¥120k/m²
2025¥236k/m²¥231k/m²¥140k/m²
2026 (partial)¥185k/m²¥242k/m²¥130k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 12 years old and half by around 23. Prices keep falling by roughly 4.1% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.Houses bottom out at around 24 years — House prices per m² drop about 53% 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¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥390k/m²
1–¥364k/m²
2¥570k/m²–
5–¥313k/m²
6–¥339k/m²
7–¥314k/m²
8–¥338k/m²
10–¥236k/m²
12¥376k/m²–
14–¥227k/m²
15–¥250k/m²
16¥405k/m²–
17¥406k/m²–
18¥337k/m²¥252k/m²
19¥316k/m²¥298k/m²
20¥333k/m²¥251k/m²
21¥328k/m²–
22¥267k/m²–
23¥277k/m²–
24¥287k/m²¥183k/m²
25¥278k/m²¥212k/m²
26¥221k/m²¥161k/m²
27¥217k/m²¥186k/m²
28¥200k/m²¥148k/m²
29¥193k/m²¥166k/m²
30¥178k/m²¥185k/m²
31¥187k/m²¥160k/m²
32¥169k/m²¥127k/m²
33¥193k/m²¥173k/m²
34¥200k/m²¥179k/m²
35¥140k/m²¥169k/m²
36¥178k/m²¥203k/m²
37¥130k/m²¥137k/m²
38¥108k/m²¥150k/m²
39¥193k/m²¥175k/m²
40–¥71k/m²
41¥147k/m²¥120k/m²
42¥143k/m²¥113k/m²
43¥184k/m²¥100k/m²
44¥182k/m²¥115k/m²
45¥193k/m²¥133k/m²
46¥69k/m²¥93k/m²
47–¥85k/m²
48¥146k/m²¥97k/m²
49–¥90k/m²
50¥86k/m²¥100k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k20062008201020122014201620182020202220242026

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¥106k/m²¥115k/m²––
2007–¥130k/m²¥238k/m²–
2008–¥125k/m²¥271k/m²–
2009¥86k/m²¥134k/m²¥267k/m²–
2010–¥132k/m²¥300k/m²–
2011¥89k/m²¥132k/m²¥255k/m²–
2012¥79k/m²¥130k/m²¥306k/m²–
2013¥93k/m²¥149k/m²¥285k/m²–
2014¥91k/m²¥148k/m²¥286k/m²–
2015–¥142k/m²¥287k/m²¥533k/m²
2016–¥136k/m²¥285k/m²–
2017¥90k/m²¥127k/m²¥289k/m²¥586k/m²
2018¥130k/m²¥157k/m²¥340k/m²–
2019–¥163k/m²¥329k/m²–
2020¥100k/m²¥172k/m²¥333k/m²–
2021–¥171k/m²¥348k/m²–
2022¥169k/m²¥215k/m²¥341k/m²–
2023¥107k/m²¥200k/m²¥343k/m²–
2024¥134k/m²¥213k/m²¥408k/m²–
2025¥154k/m²¥200k/m²¥373k/m²–
2026 (partial)–¥178k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026

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¥109k/m²¥166k/m²¥310k/m²–
2007¥116k/m²¥167k/m²¥311k/m²–
2008¥114k/m²¥149k/m²¥316k/m²–
2009¥107k/m²¥153k/m²¥305k/m²–
2010¥110k/m²¥137k/m²¥300k/m²¥327k/m²
2011¥114k/m²¥143k/m²¥229k/m²¥314k/m²
2012¥82k/m²¥148k/m²–¥295k/m²
2013¥89k/m²¥117k/m²¥210k/m²¥305k/m²
2014¥92k/m²¥139k/m²–¥305k/m²
2015¥86k/m²¥144k/m²–¥310k/m²
2016¥106k/m²¥143k/m²–¥313k/m²
2017¥75k/m²¥150k/m²¥226k/m²¥320k/m²
2018¥84k/m²¥133k/m²–¥324k/m²
2019¥84k/m²¥146k/m²–¥330k/m²
2020¥96k/m²¥140k/m²–¥330k/m²
2021¥87k/m²¥144k/m²–¥337k/m²
2022¥110k/m²¥183k/m²¥266k/m²–
2023¥108k/m²¥147k/m²¥276k/m²¥328k/m²
2024¥107k/m²¥185k/m²–¥360k/m²
2025¥98k/m²¥143k/m²¥261k/m²–
2026 (partial)¥92k/m²¥176k/m²––

Prices near train stations in Akashi City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Okubo(Hyogo) (大久保(兵庫))¥25.0M¥328k/m²¥37.0M13238
Nishi Akashi (西明石)¥22.0M¥331k/m²¥36.0M10234
Akashi (明石)¥25.0M¥382k/m²¥35.0M9162
Uozumi (魚住)¥10.0M¥167k/m²¥24.0M10114
Asagiri(Hyogo) (朝霧)¥7.5M¥126k/m²¥37.0M15110
Nishi Shimmachi (西新町)¥13.5M¥217k/m²¥32.0M896
Higashi Futami (東二見)¥8.6M¥143k/m²¥26.0M996
Tsuchiyama (土山)¥9.6M¥150k/m²¥22.0M1384
Okuradani (大蔵谷)¥19.0M¥244k/m²¥30.0M768
Fujie (藤江)¥13.0M¥217k/m²¥25.5M963
Eigashima (江井ケ島)¥9.3M¥138k/m²¥26.0M747
Hayashisaki Matsuekaigan (林崎松江海岸)––¥32.0M739
Nishi Eigashima (西江井ケ島)––¥25.0M637
Nishi Futami (西二見)––¥29.0M1035
Nakayagi (中八木)––¥39.0M834

Used condo prices by layout in Akashi City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥16.0M65 m²315
2LDK¥16.0M60 m²93
4LDK¥20.0M80 m²34
1LDK¥23.0M45 m²19

How much does an apartment cost in Akashi City?

The median used condo (mansion) in Akashi City sold for ¥15.0M in 2025, about ¥236k/m², based on 196 recorded sales.

How much does a house cost in Akashi City?

The median house sale, including the land, was ¥27.0M in 2025 across 331 sales.

Are property prices in Akashi City going up?

Over the five years to 2025, condo prices per m² changed +18.2% 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.