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

Kitaibaraki 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)
¥5.8M
Residential land per m² (sales)
¥5k/m²
-45.5% over 5 years
Transactions in 2025
61
#29 of 32 areas in Ibaraki by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 12.5% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Ibaraki

Per m², houses here are 56% below the Ibaraki average. Ten years ago the gap was 37%, so Kitaibaraki City has been falling behind the rest of Ibaraki.

Sales are thinning out

Transactions are down about 30% 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 house sales last year were between ¥2.1M and ¥13.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 8.1% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 3.3 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

20.4% of homes were empty in 2023 (14.1% for the wider area), and 9% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow.

Moderate earthquake risk

The government's seismic model gives a 33% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and 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. 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, 43% are inside the worst-case flood zone (14% with expected depths of 3 m or more), 14% 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 Kitaibaraki City: people, homes and risks

Population 2025
38,436
-8.1% since 2020
Ibaraki: -2.6%
Net moves in 2025
-127
-3.3 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
20.4%
9.0% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥40k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
33.2%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Official land price 2026
¥20k/m²
-0.4% in a year · -2.4% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
42.9%
of 7 benchmark sites in a worst-case flood zone (14.3% 3 m or deeper)
Ibaraki: 26.5%
Tsunami exposure
14.3%
of 7 benchmark sites in a tsunami inundation zone
Ibaraki: 1.7%
Landslide exposure
0.0%
of 7 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 Kitaibaraki 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 Q4

¥1.0M

¥9k/m²

  • Isoharacho
  • Isohara
  • Land 200 m² · floor 115 m²
  • Built 1976 (49 yrs) · Wood
Typical2026 Q1

¥4.5M

¥27k/m²

  • Otsucho Aza Izura
  • Otsuko
  • Land 450 m² · floor 165 m²
  • Built 1991 (35 yrs) · Light steel
Higher-priced2025 Q4

¥17.0M

¥200k/m²

  • Isoharachoisohara
  • Isohara · 12 min walk
  • Land 530 m² · floor 85 m²
  • Built 2009 (16 yrs) · Wood
Median transaction price by yearA jump driven by what sold — The median house price rose 34% between 2023 and 2025. Per m², prices rose only 20%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 38 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥8.1M
2009¥4.7M
2010¥7.5M
2011¥8.8M
2012¥8.0M
2013¥10.5M
2014¥8.9M
2015¥8.3M
2016¥10.0M
2017¥14.0M
2018¥12.0M
2019¥16.0M
2020¥6.7M
2021¥5.8M
2022¥7.3M
2023¥4.3M
2024¥5.5M
2025¥5.8M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥8k/m²
2008¥64k/m²¥16k/m²
2009¥41k/m²¥18k/m²
2010¥48k/m²¥10k/m²
2011¥63k/m²¥9k/m²
2012¥69k/m²¥8k/m²
2013¥77k/m²¥10k/m²
2014¥83k/m²¥13k/m²
2015¥66k/m²¥12k/m²
2016¥64k/m²¥8k/m²
2017¥112k/m²¥9k/m²
2018¥77k/m²¥9k/m²
2019¥100k/m²¥10k/m²
2020¥78k/m²¥10k/m²
2021¥60k/m²¥9k/m²
2022¥76k/m²¥8k/m²
2023¥51k/m²¥9k/m²
2024¥50k/m²¥6k/m²
2025¥41k/m²¥5k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥210k/m²
50¥14k/m²

Prices near train stations in Kitaibaraki City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Isohara (磯原)––¥9.5M1251
Otsuko (大津港)––¥4.2M1540
Minami Nakago (南中郷)––¥3.5M2635

How much does a house cost in Kitaibaraki City?

The median house sale, including the land, was ¥5.8M in 2025 across 38 sales.

Are property prices in Kitaibaraki City going up?

Over the five years to 2025, residential land prices changed -45.5%.

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.