Oarai coast, Ibaraki
Photo: Oarai coast, Ibaraki · Hong Ki Tang / Unsplash

Itako City Housing Market Report 2025

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

Key figures for 2025

Residential land per m² (sales)
¥9k/m²
-6.6% over 5 years
Transactions in 2025
45

What the data says

Sales are thinning out

Transactions are down about 49% on the previous three years. Fewer sales mean less choice and slower resale, so allow more time to sell later.

A shrinking population

The population fell 8.9% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 6.3 per 1,000 residents), which weakens long-term housing demand.

Typical vacancy

14.3% of homes were empty in 2023 (14.1% for the wider area), and 7.1% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

High earthquake risk

The government's seismic model gives a 67% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

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 0% in the year to January 2026 and -2% over five years. They are still 54% 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, 29% 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 Itako City: people, homes and risks

Population 2025
25,141
-8.9% since 2020
Ibaraki: -2.6%
Net moves in 2025
-158
-6.28 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
14.3%
7.1% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥41k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
66.8%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Official land price 2026
¥13k/m²
-0.2% in a year · -2.2% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
28.6%
of 14 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Ibaraki: 26.5%
Landslide exposure
0.0%
of 14 benchmark sites in a landslide warning area
Ibaraki: 0.3%

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 Itako 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-priced2026 Q1

¥1.8M

¥18k/m²

  • Uwado
  • Itako
  • Land 1100 m² · floor 100 m²
  • Built 1975 (51 yrs) · Wood
Typical2026 Q2

¥4.5M

¥90k/m²

  • Futtaka
  • Nobukata · 25 min walk
  • Land 240 m² · floor 50 m²
  • Built 2010 (16 yrs) · Wood
Higher-priced2026 Q2

¥11.0M

¥169k/m²

  • Hinode
  • Itako
  • Land 340 m² · floor 65 m²
  • Built 2011 (15 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008–
2009–
2010–
2011–
2012¥3.7M
2013¥5.7M
2014–
2015¥7.8M
2016–
2017–
2018–
2019–
2020–
2021¥5.5M
2022¥9.3M
2023–
2024–
2025–
Median price per m² by year
¥0¥20k¥40k¥60k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥16k/m²
2008–¥17k/m²
2009–¥11k/m²
2010–¥10k/m²
2011–¥10k/m²
2012¥33k/m²¥10k/m²
2013¥50k/m²¥9k/m²
2014–¥5k/m²
2015¥57k/m²¥9k/m²
2016–¥10k/m²
2017–¥5k/m²
2018–¥7k/m²
2019–¥6k/m²
2020–¥9k/m²
2021¥41k/m²¥9k/m²
2022¥51k/m²¥11k/m²
2023–¥13k/m²
2024–¥15k/m²
2025–¥9k/m²

Prices near train stations in Itako City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Itako (潮来)––¥10.0M2139
Nobukata (延方)––¥3.0M1611

Are property prices in Itako City going up?

Over the five years to 2025, residential land prices changed -6.6%.

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.