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

Chuo Ward (Kobe) Housing Market 2025: Sannomiya's Rebirth

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

Key figures for 2025

Median used condo price
¥21.0M
¥800k/m² · +10.3% vs 2024
Median house price (land + building)
¥58.5M
Residential land per m² (sales)
¥430k/m²
+53.6% over 5 years
Transactions in 2025
619
#2 of 41 areas in Hyogo by price per m²

Prices are accelerating

Chuo Ward covers Sannomiya, Motomachi, Kitano and the port. Condo prices per m² rose about 7.4% a year over the past five years, almost twice the pace of the five years before. Condos now cost about ¥0.80M per m², nearly double the Hyogo average (1.9 times, up from 1.7 times ten years ago) and second among Kobe's 9 wards. The median condo sold for about ¥21M.

Kobe's growing ward

Population grew 3.1% between 2020 and 2025, the most of Kobe's wards, while Hyogo shrank 2.6%. Households grew 7%, and more people moved in from the rest of Japan than left. Sales rose 14% in 2025.

Studios near Sannomiya

Half of condo sales are studios; the 20 m² 1K at about ¥17M is the most traded home, and 75 m² 3LDKs at about ¥43M come second. Sannomiya is by far the busiest station. Prices are similar across most stations (about ¥0.7–0.8M per m²), and distance to a station makes little difference in this compact ward. Condos lose value fast after about 20 years.

Good yields, low land prices

A median condo costs about 28 years of median rent, better than the Hyogo average. Benchmark residential land is still about two-thirds below its 1991 level, a large gap, partly because of the long recovery after the 1995 Great Hanshin earthquake.

Risks and renewal

Earthquake probability is about 48% for 6-lower in 30 years. About a quarter of benchmark sites are in a shallow flood zone, and about 13% on the steep Rokko slopes are in landslide zones. Two renewal areas, Sannomiya–Waterfront and Port Island West, are reshaping the ward, with Sannomiya Station being rebuilt.

Living in Chuo Ward, Kobe City: people, homes and risks

Population 2025
152,124
+3.1% since 2020
Hyogo: -2.6%
Net moves in 2025
+464
+3.05 per 1,000 residents
Hyogo: -0.39
Vacant homes (2023)
13.3%
3.8% empty and not for rent or sale
Hyogo: 13.8%
Median rent (2023)
¥62k
per month, all rented homes
Hyogo: ¥57k
Strong earthquake risk
48.0%
chance of shaking of intensity 6-lower or more within 30 years
Hyogo: 33.0%
Official land price 2026
¥348k/m²
+4.5% in a year · +16.7% in 5 years
Hyogo: ¥102k/m²
Flood exposure
26.3%
of 38 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hyogo: 46.1%
Landslide exposure
13.2%
of 38 benchmark sites in a landslide warning area
Hyogo: 4.3%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Port Island West, Kobe · 273 ha · designated 2002
  • Central Kobe and Waterfront (Sannomiya) · 215 ha · designated 2002 · 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 Chuo Ward, Kobe 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

¥17.0M

¥680k/m²

  • Asahidoori
  • Sannomiya(JR) · 7 min walk
  • 1K · 25 m²
  • Built 2010 (16 yrs) · RC
Typical2026 Q1

¥22.0M

¥629k/m²

  • Hamabedoori
  • Sannomiya(JR) · 10 min walk
  • 1DK · 35 m²
  • Built 1998 (28 yrs) · SRC
Higher-priced2026 Q2

¥50.0M

¥667k/m²

  • Isobedoori
  • Sannomiya(JR) · 9 min walk
  • 3LDK · 75 m²
  • Built 2005 (21 yrs) · SRC

House

Lower-priced2025 Q4

¥22.0M

¥367k/m²

  • Dainichidoori
  • Nada · 5 min walk
  • Land 45 m² · floor 60 m²
  • Built 2015 (10 yrs) · Wood
Typical2026 Q1

¥60.0M

¥387k/m²

  • Nunobikicho
  • Sannomiya(JR) · 4 min walk
  • Land 35 m² · floor 155 m²
  • Built 1976 (50 yrs) · Steel
Higher-priced2026 Q2

¥160M

¥552k/m²

  • Nakayamatedoori
  • Sannomiya(JR) · 5 min walk
  • Land 60 m² · floor 290 m²
  • Built 2005 (21 yrs) · Steel
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M¥80.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥17.0M¥42.0M
2007¥17.0M¥37.0M
2008¥17.0M¥53.5M
2009¥19.0M¥35.0M
2010¥18.0M¥40.0M
2011¥17.0M¥39.0M
2012¥17.0M¥36.0M
2013¥18.0M¥40.0M
2014¥15.5M¥43.0M
2015¥14.0M¥40.0M
2016¥14.0M¥34.0M
2017¥18.0M¥47.0M
2018¥18.0M¥40.5M
2019¥17.0M¥37.0M
2020¥20.0M¥38.0M
2021¥21.0M¥42.0M
2022¥20.0M¥49.0M
2023¥19.0M¥53.0M
2024¥23.0M¥53.0M
2025¥21.0M¥58.5M
2026 (partial)¥26.0M¥73.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 52% 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¥500k¥1.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥308k/m²¥267k/m²¥250k/m²
2007¥364k/m²¥276k/m²¥270k/m²
2008¥327k/m²¥291k/m²¥245k/m²
2009¥359k/m²¥267k/m²¥250k/m²
2010¥365k/m²¥217k/m²¥230k/m²
2011¥385k/m²¥250k/m²¥250k/m²
2012¥394k/m²¥233k/m²¥290k/m²
2013¥400k/m²¥236k/m²¥250k/m²
2014¥463k/m²¥274k/m²¥280k/m²
2015¥417k/m²¥260k/m²¥270k/m²
2016¥500k/m²¥295k/m²¥200k/m²
2017¥483k/m²¥249k/m²¥250k/m²
2018¥523k/m²¥318k/m²¥275k/m²
2019¥507k/m²¥316k/m²–
2020¥560k/m²¥340k/m²¥280k/m²
2021¥600k/m²¥333k/m²¥355k/m²
2022¥650k/m²¥300k/m²¥350k/m²
2023¥720k/m²¥389k/m²¥400k/m²
2024¥725k/m²¥360k/m²¥550k/m²
2025¥800k/m²¥377k/m²¥430k/m²
2026 (partial)¥808k/m²¥359k/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 19 years old and half by around 29. Prices keep falling by roughly 4.3% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥900k/m²¥490k/m²
1¥1.0M/m²¥533k/m²
2¥900k/m²–
3¥900k/m²–
4¥865k/m²–
5¥850k/m²–
6¥763k/m²–
7¥814k/m²–
8¥838k/m²–
9¥840k/m²–
10¥850k/m²–
11¥873k/m²–
12¥800k/m²–
13¥750k/m²–
14¥749k/m²–
15¥720k/m²–
16¥700k/m²–
17¥680k/m²–
18¥654k/m²–
19¥680k/m²–
20¥650k/m²–
21¥628k/m²–
22¥591k/m²–
23¥582k/m²–
24¥560k/m²–
25¥528k/m²¥283k/m²
26¥511k/m²–
27¥449k/m²–
28¥484k/m²¥284k/m²
29¥400k/m²¥291k/m²
32¥320k/m²–
33¥307k/m²–
34¥320k/m²–
35¥280k/m²–
36¥328k/m²–
37¥335k/m²–
38¥309k/m²–
39¥273k/m²–
40¥222k/m²–
41¥293k/m²–
42¥238k/m²–
43¥250k/m²–
44¥292k/m²¥207k/m²
50–¥206k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M20062008201020122014201620182020202220242026

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
Year1981-20002001-20102011-2020
2006¥267k/m²¥720k/m²–
2007¥283k/m²¥640k/m²–
2008¥240k/m²¥475k/m²–
2009¥236k/m²¥565k/m²–
2010¥217k/m²¥550k/m²–
2011¥264k/m²¥476k/m²–
2012¥267k/m²¥440k/m²¥845k/m²
2013¥300k/m²¥440k/m²¥800k/m²
2014¥320k/m²¥486k/m²¥760k/m²
2015¥283k/m²¥480k/m²¥809k/m²
2016¥339k/m²¥520k/m²¥733k/m²
2017¥350k/m²¥550k/m²¥725k/m²
2018¥323k/m²¥580k/m²¥672k/m²
2019¥333k/m²¥576k/m²¥709k/m²
2020¥332k/m²¥632k/m²¥720k/m²
2021¥375k/m²¥600k/m²¥727k/m²
2022¥400k/m²¥650k/m²¥765k/m²
2023¥378k/m²¥680k/m²¥825k/m²
2024¥400k/m²¥700k/m²¥850k/m²
2025¥438k/m²¥733k/m²¥900k/m²
2026 (partial)¥495k/m²¥800k/m²¥890k/m²
House 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
Year1971-19801981-20002011-2020
2006–¥238k/m²–
2007–¥257k/m²–
2008–¥280k/m²–
2009–¥274k/m²–
2010¥135k/m²¥282k/m²–
2011–¥209k/m²¥357k/m²
2012–¥209k/m²–
2013–¥212k/m²–
2014–¥245k/m²–
2015–¥244k/m²–
2016–¥356k/m²–
2017–¥235k/m²–
2018–¥245k/m²¥433k/m²
2019––¥430k/m²
2020––¥415k/m²
2022–¥300k/m²–
2023–¥259k/m²–
2024–¥317k/m²–
2025–¥290k/m²–

Prices near train stations in Chuo Ward, Kobe City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Sannomiya(JR) (三ノ宮(JR))¥25.0M¥818k/m²¥140M9469
Kasuganomichi(Hankyu) (春日野道(阪急))¥18.0M¥760k/m²¥45.0M5196
Shin Kobe (新神戸)¥20.5M¥686k/m²¥46.0M4194
Nishi Motomachi (西元町)¥22.0M¥750k/m²¥77.0M2124
Kenchomae(Hyogo) (県庁前(兵庫))¥38.0M¥724k/m²¥40.0M6120
Hanakuma (花隈)¥18.0M¥720k/m²¥55.5M3115
Kobe(Hyogo) (神戸(兵庫))¥22.0M¥760k/m²–5105
Kasuganomichi(Hanshin) (春日野道(阪神))¥18.0M¥673k/m²–3102
Motomachi(JR) (元町(JR))¥35.0M¥775k/m²¥135M5102
Okurayama(Hyogo) (大倉山(兵庫))¥17.0M¥850k/m²¥22.0M550
Kosoku Kobe (高速神戸)¥20.0M¥840k/m²–348
Minatojima (みなとじま)¥17.0M¥215k/m²–435
Naka Koen (中公園)¥16.0M¥229k/m²–424
Nada (灘)¥20.0M¥900k/m²–623
Oji Koen (王子公園)––¥52.0M1315

Used condo prices by layout in Chuo Ward, Kobe City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥17.0M20 m²506
3LDK¥43.5M75 m²228
2LDK¥42.0M60 m²170
1LDK¥31.5M45 m²108
1DK¥20.0M27.5 m²72
4LDK¥42.0M90 m²29
2DK¥18.0M50 m²19
Open floor¥8.0M25 m²11

How much does an apartment cost in Chuo Ward, Kobe City?

The median used condo (mansion) in Chuo Ward, Kobe City sold for ¥21.0M in 2025, about ¥800k/m², based on 505 recorded sales.

How much does a house cost in Chuo Ward, Kobe City?

The median house sale, including the land, was ¥58.5M in 2025 across 92 sales.

Are property prices in Chuo Ward, Kobe City going up?

Over the five years to 2025, condo prices per m² changed +42.9% and residential land prices changed +53.6%.

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.