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

Takarazuka 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
¥22.0M
¥307k/m²
Median house price (land + building)
¥36.5M
-12.2% vs 2024
Residential land per m² (sales)
¥180k/m²
+20.0% over 5 years
Transactions in 2025
557
#10 of 41 areas in Hyogo by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 5.6% a year over the past five years, faster than the 0.5% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Lagging Hyogo

Per m², condos here are 19% below the Hyogo average. Ten years ago the gap was 11%, so Takarazuka City has been falling behind the rest of Hyogo.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 62% 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

76% 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 9% 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 condo sales last year were between ¥13.0M and ¥35.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4.1% between 2020 and 2025 (−2.6% for the wider area). Moves in and out roughly balanced in 2025.

Typical vacancy

11.1% of homes were empty in 2023 (13.8% for the wider area), and 4.7% 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 28.4 years of the area's median rent (¥65k 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.

Lower earthquake risk

The government's seismic model gives a 16% chance of shaking of intensity 6-lower or stronger in the next 30 years (33% 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 +3% in the year to January 2026 and +8% over five years. They are still 70% 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, 23% are inside the worst-case flood zone (5% with expected depths of 3 m or more), 5% 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 Takarazuka City: people, homes and risks

Population 2025
217,163
-4.1% since 2020
Hyogo: -2.6%
Net moves in 2025
+220
+1.01 per 1,000 residents
Hyogo: -0.39
Vacant homes (2023)
11.1%
4.7% empty and not for rent or sale
Hyogo: 13.8%
Median rent (2023)
¥65k
per month, all rented homes
Hyogo: ¥57k
Strong earthquake risk
15.6%
chance of shaking of intensity 6-lower or more within 30 years
Hyogo: 33.0%
Official land price 2026
¥165k/m²
+2.5% in a year · +8.2% in 5 years
Hyogo: ¥102k/m²
Flood exposure
23.2%
of 56 benchmark sites in a worst-case flood zone (5.4% 3 m or deeper)
Hyogo: 46.1%
Landslide exposure
5.4%
of 56 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 Takarazuka 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

¥11.0M

¥183k/m²

  • Nakayamasakuradai
  • Nakayama Kannon
  • 3LDK · 60 m²
  • Built 1988 (38 yrs) · SRC
Typical2026 Q2

¥22.0M

¥314k/m²

  • Yamamotomaruhashi
  • Yamamoto(Hyogo) · 15 min walk
  • 2LDK · 70 m²
  • Built 1997 (29 yrs) · RC
Higher-priced2026 Q2

¥37.0M

¥435k/m²

  • Asahimachi
  • Kiyoshikojin · 4 min walk
  • 3LDK · 85 m²
  • Built 2000 (26 yrs) · RC

House

Lower-priced2025 Q4

¥16.0M

¥152k/m²

  • Kameicho
  • Sakasegawa · 20 min walk
  • Land 80 m² · floor 105 m²
  • Built 1993 (32 yrs) · Wood
Typical2025 Q4

¥34.0M

¥378k/m²

  • Asahimachi
  • Kiyoshikojin · 9 min walk
  • Land 50 m² · floor 90 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q4

¥54.0M

¥491k/m²

  • Akurakita
  • Nakayamadera · 14 min walk
  • Land 110 m² · floor 110 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥18.0M¥38.0M
2008¥17.0M¥34.0M
2009¥16.5M¥37.0M
2010¥17.0M¥33.0M
2011¥17.5M¥34.0M
2012¥19.0M¥33.0M
2013¥18.0M¥35.0M
2014¥17.0M¥33.0M
2015¥17.0M¥31.0M
2016¥20.0M¥32.0M
2017¥20.0M¥36.0M
2018¥17.0M¥36.5M
2019¥17.0M¥33.0M
2020¥18.0M¥33.0M
2021¥19.5M¥37.0M
2022¥21.0M¥38.0M
2023¥22.5M¥36.0M
2024¥24.0M¥39.0M
2025¥22.0M¥36.5M
2026 (partial)¥21.0M¥37.5M
Median price per m² by yearHouses and condos cost about the same per m² — A m² of house floor costs roughly the same as a m² of condo, even though the house includes its land. That usually means land here is expensive, so a house is not a cheap way to get more space.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥243k/m²¥350k/m²¥170k/m²
2008¥221k/m²¥309k/m²¥160k/m²
2009¥225k/m²¥333k/m²¥140k/m²
2010¥227k/m²¥300k/m²¥140k/m²
2011¥228k/m²¥300k/m²¥130k/m²
2012¥261k/m²¥286k/m²¥130k/m²
2013¥247k/m²¥305k/m²¥130k/m²
2014¥229k/m²¥286k/m²¥120k/m²
2015¥241k/m²¥274k/m²¥130k/m²
2016¥263k/m²¥286k/m²¥130k/m²
2017¥258k/m²¥313k/m²¥150k/m²
2018¥234k/m²¥295k/m²¥150k/m²
2019¥232k/m²¥286k/m²¥150k/m²
2020¥250k/m²¥273k/m²¥150k/m²
2021¥268k/m²¥300k/m²¥160k/m²
2022¥292k/m²¥296k/m²¥170k/m²
2023¥307k/m²¥276k/m²¥165k/m²
2024¥328k/m²¥320k/m²¥180k/m²
2025¥307k/m²¥281k/m²¥180k/m²
2026 (partial)¥289k/m²¥261k/m²¥185k/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 25 years old and half by around 29. Prices keep falling by roughly 5.2% 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 28 years — House prices per m² drop about 57% from new by age 28, 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¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥450k/m²
1–¥475k/m²
5¥539k/m²–
6¥506k/m²¥362k/m²
7¥514k/m²–
8¥564k/m²¥368k/m²
9¥568k/m²–
10¥647k/m²–
11–¥390k/m²
12¥571k/m²–
13¥532k/m²–
14¥369k/m²–
15¥452k/m²¥340k/m²
16¥415k/m²–
17¥446k/m²¥316k/m²
18¥443k/m²¥324k/m²
19¥448k/m²¥311k/m²
20¥476k/m²¥314k/m²
21¥400k/m²¥247k/m²
22¥419k/m²¥290k/m²
23¥357k/m²–
24¥387k/m²¥216k/m²
25¥407k/m²¥253k/m²
26¥292k/m²¥261k/m²
27¥328k/m²¥248k/m²
28¥314k/m²¥200k/m²
29¥223k/m²¥196k/m²
30¥240k/m²¥203k/m²
31¥225k/m²–
32¥217k/m²–
33¥171k/m²–
34¥194k/m²¥216k/m²
35¥150k/m²¥160k/m²
36¥187k/m²¥230k/m²
37¥200k/m²¥149k/m²
38¥158k/m²¥195k/m²
39¥161k/m²¥179k/m²
41¥123k/m²¥171k/m²
42¥155k/m²–
43¥173k/m²¥134k/m²
44¥169k/m²¥126k/m²
45¥69k/m²¥163k/m²
46–¥188k/m²
47¥112k/m²¥120k/m²
48¥148k/m²¥133k/m²
49¥200k/m²¥119k/m²
50¥147k/m²¥163k/m²
Condo price per m² by construction periodOlder buildings are keeping up — Older pre-1981 buildings have actually risen faster (4% a year) than 2000s buildings (2%), usually a sign that land value is driving prices. Pre-1981 buildings, built before the current earthquake standard, trade about 32% below 1980s–90s buildings.
¥0¥200k¥400k¥600k¥800k2007200920112013201520172019202120232025

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
2007¥118k/m²¥238k/m²¥400k/m²–
2008¥150k/m²¥230k/m²¥406k/m²–
2009¥128k/m²¥208k/m²¥386k/m²–
2010¥137k/m²¥206k/m²¥386k/m²–
2011¥118k/m²¥203k/m²¥360k/m²–
2012¥124k/m²¥230k/m²¥354k/m²–
2013¥107k/m²¥200k/m²¥370k/m²–
2014¥122k/m²¥200k/m²¥383k/m²–
2015¥95k/m²¥215k/m²¥354k/m²–
2016¥136k/m²¥220k/m²¥385k/m²–
2017¥160k/m²¥236k/m²¥374k/m²–
2018¥115k/m²¥171k/m²¥368k/m²–
2019¥139k/m²¥200k/m²¥381k/m²–
2020¥137k/m²¥189k/m²¥389k/m²–
2021¥127k/m²¥187k/m²¥423k/m²¥563k/m²
2022¥160k/m²¥243k/m²¥431k/m²–
2023¥212k/m²¥267k/m²¥429k/m²–
2024¥148k/m²¥271k/m²¥429k/m²¥557k/m²
2025¥172k/m²¥253k/m²¥470k/m²¥645k/m²
2026 (partial)–¥235k/m²¥458k/m²–
House price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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
2007¥244k/m²¥229k/m²¥391k/m²–
2008¥200k/m²¥228k/m²¥381k/m²–
2009¥200k/m²¥232k/m²¥390k/m²–
2010¥150k/m²¥215k/m²¥368k/m²–
2011¥183k/m²¥211k/m²¥333k/m²¥371k/m²
2012¥169k/m²¥181k/m²¥283k/m²¥362k/m²
2013¥153k/m²¥173k/m²¥270k/m²¥383k/m²
2014¥152k/m²¥210k/m²–¥357k/m²
2015¥142k/m²¥191k/m²–¥363k/m²
2016¥125k/m²¥197k/m²¥259k/m²¥358k/m²
2017¥132k/m²¥197k/m²¥308k/m²¥387k/m²
2018¥156k/m²¥206k/m²–¥382k/m²
2019¥125k/m²¥188k/m²–¥391k/m²
2020¥136k/m²¥202k/m²¥254k/m²¥420k/m²
2021¥125k/m²¥215k/m²–¥358k/m²
2022¥113k/m²¥229k/m²¥321k/m²¥366k/m²
2023¥137k/m²¥222k/m²¥294k/m²–
2024¥137k/m²¥185k/m²––
2025¥161k/m²¥200k/m²––

Prices near train stations in Takarazuka City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Sakasegawa (逆瀬川)¥19.0M¥243k/m²¥36.0M14237
Takarazuka (宝塚)¥26.0M¥360k/m²¥30.0M8194
Takarazuka Minamiguchi (宝塚南口)¥33.0M¥440k/m²¥40.5M6137
Obayashi(Hyogo) (小林(兵庫))¥13.0M¥200k/m²¥33.0M12124
Nakayama Kannon (中山観音)¥8.0M¥124k/m²¥27.5M15113
Yamamoto(Hyogo) (山本(兵庫))¥17.0M¥283k/m²¥45.0M13110
Nakayamadera (中山寺)¥26.0M¥480k/m²¥51.0M14103
Mefu Jinja (売布神社)¥28.0M¥367k/m²¥31.0M882
Nigawa (仁川)¥21.0M¥284k/m²¥38.0M975
Kiyoshikojin (清荒神)¥27.0M¥371k/m²¥32.0M869
Hibarigaoka Hanayashiki (雲雀丘花屋敷)¥30.0M¥353k/m²¥31.0M943
Kawanishi Noseguchi (川西能勢口)––¥12.0M1512

Used condo prices by layout in Takarazuka City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥23.0M70 m²306
4LDK¥26.0M90 m²89
2LDK¥24.5M65 m²84
2DK¥17.0M50 m²20
1LDK¥22.0M52.5 m²16

How much does an apartment cost in Takarazuka City?

The median used condo (mansion) in Takarazuka City sold for ¥22.0M in 2025, about ¥307k/m², based on 221 recorded sales.

How much does a house cost in Takarazuka City?

The median house sale, including the land, was ¥36.5M in 2025 across 220 sales.

Are property prices in Takarazuka City going up?

Over the five years to 2025, condo prices per m² changed +22.7% and residential land prices changed +20.0%.

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.