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

Omitama 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)
¥6.7M
Residential land per m² (sales)
¥3k/m²
-61.5% over 5 years
Transactions in 2025
94
#26 of 32 areas in Ibaraki by price per m²

What the data says

Price growth is speeding up

House values per m² have risen about 0.3% a year over the past five years, faster than the 4.1% 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.

Moving with Ibaraki

Per m², houses here are 42% below the Ibaraki average. That position has barely changed in ten years, so it moves with the wider market.

What a typical purchase costs

Half of all house sales last year were between ¥4.5M and ¥16.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4.3% between 2020 and 2025 (−2.6% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 5.2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Many abandoned homes

16.5% of homes were empty in 2023 (14.1% for the wider area), and 10.2% 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.

High earthquake risk

The government's seismic model gives a 62% 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 edging up

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 -1% 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, 22% 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 Omitama City: people, homes and risks

Population 2025
46,754
-4.3% since 2020
Ibaraki: -2.6%
Net moves in 2025
-22
-0.47 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
16.5%
10.2% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥47k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
62.0%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Official land price 2026
¥15k/m²
+0.2% in a year · -0.8% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
22.2%
of 9 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Ibaraki: 26.5%
Landslide exposure
0.0%
of 9 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 Omitama 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

¥1.5M

¥14k/m²

  • Saigochi
  • Hatori
  • Land 230 m² · floor 110 m²
  • Built 1986 (39 yrs) · Light steel
Typical2025 Q3

¥4.5M

¥38k/m²

  • Hatori
  • Hatori · 11 min walk
  • Land 300 m² · floor 120 m²
  • Built 1996 (29 yrs) · Wood
Higher-priced2026 Q2

¥20.0M

¥211k/m²

  • Kurimatashika
  • Ishioka
  • Land 175 m² · floor 95 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 57% below 2025, but it covers only part of the year and 23 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥5.0M¥10.0M¥15.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥7.3M
2008¥13.0M
2009¥11.5M
2010¥15.0M
2011¥10.0M
2012–
2013¥8.5M
2014¥9.8M
2015¥9.2M
2016¥8.1M
2017¥10.0M
2018¥10.5M
2019¥8.8M
2020¥7.3M
2021¥4.7M
2022¥13.0M
2023¥9.1M
2024¥10.5M
2025¥6.7M
2026 (partial)¥2.9M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥64k/m²¥14k/m²
2008¥95k/m²¥11k/m²
2009¥96k/m²¥13k/m²
2010¥101k/m²¥7k/m²
2011¥73k/m²¥7k/m²
2012–¥6k/m²
2013¥68k/m²¥6k/m²
2014¥74k/m²¥5k/m²
2015¥74k/m²¥7k/m²
2016¥87k/m²¥4k/m²
2017¥45k/m²¥6k/m²
2018¥93k/m²¥9k/m²
2019¥55k/m²¥6k/m²
2020¥65k/m²¥8k/m²
2021¥47k/m²¥7k/m²
2022¥111k/m²¥5k/m²
2023¥64k/m²¥3k/m²
2024¥67k/m²¥3k/m²
2025¥55k/m²¥3k/m²
2026 (partial)¥44k/m²¥3k/m²
Price per m² by building age (2021–2025 sales)
¥0¥50k¥100k¥150k¥200k048121620242832
Show data table
Building age (years)House
0¥200k/m²
33¥37k/m²
House price per m² by construction period
¥0¥50k¥100k¥150k¥200k20102012201420162018202020222024

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
Year1981-20002001-2010
2010–¥179k/m²
2021¥44k/m²–
2024¥50k/m²–

Prices near train stations in Omitama City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Hatori (羽鳥)––¥11.0M1863
Takahama(Ibaraki) (高浜(茨城))––¥5.0M–29
Ishioka (石岡)––¥9.0M–11

How much does a house cost in Omitama City?

The median house sale, including the land, was ¥6.7M in 2025 across 33 sales.

Are property prices in Omitama City going up?

Over the five years to 2025, residential land prices changed -61.5%.

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.