Ishikawa Housing Market 2025: Kanazawa Holds Up After the Noto Earthquake
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥16.0M
- ¥248k/m²
- Median house price (land + building)
- ¥15.0M
- +13.0% vs 2024
- Residential land per m² (sales)
- ¥33k/m²
- +6.5% over 5 years
- Transactions in 2025
- 2,861
- #26 of 47 areas in Japan by price per m²
Kanazawa carries the market
Kanazawa's condo prices per m² are up about 25% in five years, and on the government's fixed benchmark sites, Ishikawa's residential land rose about 6% over five years and 1.6% in the past year, one of the few prefectures on the Sea of Japan coast where land is still rising. The Hokuriku Shinkansen (since 2015), tourism and Kanazawa's appeal as a place to live underpin demand. The area east of Kanazawa Station became a government urban renewal zone in 2025.
Growth is slowing
Condo price growth slowed to about 3.6% a year over the last five years, from about 6.7% a year before.
The Noto Peninsula
The January 2024 Noto earthquake and the floods that followed devastated Wajima, Suzu, Anamizu and other towns. Many residents have left, and property sales there are few. Ishikawa's population fell 3.9% between 2020 and 2025, and about 2,800 more people left than arrived in 2025. Notably, the national seismic model gave Ishikawa a low 30-year probability of strong shaking (about 7%), a reminder that these probabilities do not capture every fault.
Vacancy and rents
7.4% of homes are abandoned. A median condo costs about 28 years of the local median rent.
Flood risk
About 59% of benchmark sites are in a worst-case flood zone, though mostly shallow (2% at 3 m or more). Check older buildings for earthquake retrofits and the Noto-area hazard maps carefully.
Living in Ishikawa: people, homes and risks
- Population 2025
- 1,088,221
- -3.9% since 2020
- Japan: -2.5%
- Net moves in 2025
- -2,774
- -2.55 per 1,000 residents
- Vacant homes (2023)
- 15.6%
- 7.3% empty and not for rent or sale
- Japan: 13.8%
- Median rent (2023)
- ¥47k
- per month, all rented homes
- Japan: ¥57k
- Strong earthquake risk
- 6.8%
- chance of shaking of intensity 6-lower or more within 30 years
- Japan: 38.4%
- Official land price 2026
- ¥49k/m²
- +0.9% in a year · +6.0% in 5 years
- Japan: ¥74k/m²
- Flood exposure
- 58.8%
- of 211 benchmark sites in a worst-case flood zone (1.9% 3 m or deeper)
- Japan: 42.6%
- Tsunami exposure
- 3.3%
- of 211 benchmark sites in a tsunami inundation zone
- Japan: 7.8%
- Landslide exposure
- 2.8%
- of 211 benchmark sites in a landslide warning area
- Japan: 2.6%
Urban renewal zones
Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.
- Kanazawa Station East · 59 ha · designated 2025
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 Ishikawa
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
¥2.8M
¥140k/m²
- Kitayasue, Kanazawa City
- Kanazawa · 9 min walk
- 1K · 20 m²
- Built 1989 (36 yrs) · SRC
¥16.0M
¥291k/m²
- Shinkanda, Kanazawa City
- Kanazawa · 28 min walk
- 2LDK · 55 m²
- Built 1981 (45 yrs) · RC
¥35.0M
¥389k/m²
- Owaricho, Kanazawa City
- Kanazawa · 16 min walk
- 3LDK+S · 90 m²
- Built 1991 (35 yrs) · SRC
House
¥4.9M
¥18k/m²
- Takamatsu, Kahoku City
- Takamatsu(Ishikawa) · 15 min walk
- Land 680 m² · floor 270 m²
- Built 1974 (52 yrs) · Wood
¥15.0M
¥120k/m²
- Chiyonohigashi, Hakusan City
- Nishi Matto · 11 min walk
- Land 250 m² · floor 125 m²
- Built 1981 (45 yrs) · Wood
¥30.0M
¥136k/m²
- Kiyokawamachi, Kanazawa City
- Kanazawa
- Land 390 m² · floor 220 m²
- Built 1986 (40 yrs)
Show data table
| Year | Condo | House |
|---|---|---|
| 2007 | ¥11.0M | ¥15.5M |
| 2008 | ¥12.0M | ¥15.0M |
| 2009 | ¥12.0M | ¥14.0M |
| 2010 | ¥11.0M | ¥14.0M |
| 2011 | ¥9.6M | ¥13.0M |
| 2012 | ¥9.8M | ¥14.0M |
| 2013 | ¥12.0M | ¥14.0M |
| 2014 | ¥8.4M | ¥15.0M |
| 2015 | ¥10.5M | ¥15.0M |
| 2016 | ¥13.0M | ¥14.0M |
| 2017 | ¥12.0M | ¥15.0M |
| 2018 | ¥13.0M | ¥15.0M |
| 2019 | ¥13.0M | ¥15.0M |
| 2020 | ¥14.0M | ¥17.0M |
| 2021 | ¥14.0M | ¥17.0M |
| 2022 | ¥15.0M | ¥13.0M |
| 2023 | ¥11.5M | ¥15.0M |
| 2024 | ¥17.5M | ¥14.0M |
| 2025 | ¥16.0M | ¥15.0M |
| 2026 (partial) | ¥14.0M | ¥15.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2007 | ¥150k/m² | ¥106k/m² | ¥50k/m² |
| 2008 | ¥163k/m² | ¥104k/m² | ¥50k/m² |
| 2009 | ¥163k/m² | ¥100k/m² | ¥47k/m² |
| 2010 | ¥146k/m² | ¥94k/m² | ¥42k/m² |
| 2011 | ¥147k/m² | ¥92k/m² | ¥43k/m² |
| 2012 | ¥133k/m² | ¥91k/m² | ¥39k/m² |
| 2013 | ¥154k/m² | ¥92k/m² | ¥35k/m² |
| 2014 | ¥141k/m² | ¥100k/m² | ¥36k/m² |
| 2015 | ¥159k/m² | ¥96k/m² | ¥38k/m² |
| 2016 | ¥171k/m² | ¥100k/m² | ¥36k/m² |
| 2017 | ¥173k/m² | ¥104k/m² | ¥39k/m² |
| 2018 | ¥185k/m² | ¥107k/m² | ¥37k/m² |
| 2019 | ¥200k/m² | ¥108k/m² | ¥35k/m² |
| 2020 | ¥213k/m² | ¥122k/m² | ¥31k/m² |
| 2021 | ¥200k/m² | ¥118k/m² | ¥35k/m² |
| 2022 | ¥200k/m² | ¥96k/m² | ¥39k/m² |
| 2023 | ¥177k/m² | ¥108k/m² | ¥39k/m² |
| 2024 | ¥246k/m² | ¥97k/m² | ¥39k/m² |
| 2025 | ¥248k/m² | ¥109k/m² | ¥33k/m² |
| 2026 (partial) | ¥222k/m² | ¥113k/m² | ¥42k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | – | ¥274k/m² |
| 1 | ¥948k/m² | ¥272k/m² |
| 2 | – | ¥267k/m² |
| 3 | – | ¥240k/m² |
| 4 | – | ¥257k/m² |
| 5 | – | ¥250k/m² |
| 6 | – | ¥229k/m² |
| 7 | – | ¥203k/m² |
| 8 | – | ¥217k/m² |
| 9 | – | ¥195k/m² |
| 10 | – | ¥183k/m² |
| 11 | – | ¥217k/m² |
| 12 | – | ¥180k/m² |
| 13 | – | ¥183k/m² |
| 14 | – | ¥184k/m² |
| 15 | ¥400k/m² | ¥174k/m² |
| 16 | ¥389k/m² | ¥145k/m² |
| 17 | ¥355k/m² | ¥146k/m² |
| 18 | ¥453k/m² | ¥138k/m² |
| 19 | ¥344k/m² | ¥129k/m² |
| 20 | – | ¥137k/m² |
| 21 | ¥207k/m² | ¥136k/m² |
| 22 | ¥239k/m² | ¥133k/m² |
| 23 | ¥233k/m² | ¥119k/m² |
| 24 | ¥271k/m² | ¥108k/m² |
| 25 | ¥240k/m² | ¥106k/m² |
| 26 | ¥206k/m² | ¥107k/m² |
| 27 | ¥193k/m² | ¥107k/m² |
| 28 | – | ¥90k/m² |
| 29 | ¥160k/m² | ¥100k/m² |
| 30 | ¥135k/m² | ¥89k/m² |
| 31 | ¥136k/m² | ¥91k/m² |
| 32 | ¥125k/m² | ¥80k/m² |
| 33 | ¥136k/m² | ¥89k/m² |
| 34 | ¥127k/m² | ¥83k/m² |
| 35 | ¥143k/m² | ¥87k/m² |
| 36 | ¥140k/m² | ¥82k/m² |
| 37 | ¥120k/m² | ¥62k/m² |
| 38 | – | ¥77k/m² |
| 39 | – | ¥64k/m² |
| 40 | – | ¥69k/m² |
| 41 | – | ¥71k/m² |
| 42 | – | ¥67k/m² |
| 43 | – | ¥70k/m² |
| 44 | – | ¥58k/m² |
| 45 | – | ¥55k/m² |
| 46 | – | ¥57k/m² |
| 47 | – | ¥53k/m² |
| 48 | – | ¥59k/m² |
| 49 | – | ¥40k/m² |
| 50 | – | ¥38k/m² |
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
| Year | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|
| 2007 | ¥143k/m² | – | – |
| 2008 | ¥133k/m² | ¥293k/m² | – |
| 2009 | ¥111k/m² | ¥293k/m² | – |
| 2010 | ¥115k/m² | ¥320k/m² | – |
| 2011 | ¥120k/m² | ¥317k/m² | – |
| 2012 | ¥109k/m² | ¥245k/m² | – |
| 2013 | ¥126k/m² | ¥276k/m² | ¥415k/m² |
| 2014 | ¥120k/m² | ¥297k/m² | – |
| 2015 | ¥133k/m² | ¥277k/m² | – |
| 2016 | ¥130k/m² | ¥303k/m² | – |
| 2017 | ¥145k/m² | ¥274k/m² | – |
| 2018 | ¥142k/m² | ¥300k/m² | – |
| 2019 | ¥160k/m² | ¥292k/m² | – |
| 2020 | ¥164k/m² | – | – |
| 2021 | ¥163k/m² | ¥338k/m² | ¥644k/m² |
| 2022 | ¥172k/m² | ¥318k/m² | – |
| 2023 | ¥129k/m² | ¥333k/m² | – |
| 2024 | ¥133k/m² | ¥337k/m² | – |
| 2025 | ¥180k/m² | ¥356k/m² | – |
| 2026 (partial) | ¥126k/m² | – | – |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2007 | ¥90k/m² | ¥108k/m² | ¥226k/m² | – |
| 2008 | ¥87k/m² | ¥95k/m² | ¥219k/m² | – |
| 2009 | ¥70k/m² | ¥100k/m² | ¥207k/m² | – |
| 2010 | ¥74k/m² | ¥87k/m² | ¥208k/m² | – |
| 2011 | ¥58k/m² | ¥85k/m² | ¥161k/m² | ¥219k/m² |
| 2012 | ¥65k/m² | ¥87k/m² | ¥146k/m² | ¥211k/m² |
| 2013 | ¥65k/m² | ¥86k/m² | ¥149k/m² | ¥210k/m² |
| 2014 | ¥70k/m² | ¥90k/m² | ¥159k/m² | ¥210k/m² |
| 2015 | ¥58k/m² | ¥84k/m² | ¥153k/m² | ¥218k/m² |
| 2016 | ¥62k/m² | ¥96k/m² | ¥146k/m² | ¥223k/m² |
| 2017 | ¥66k/m² | ¥90k/m² | ¥152k/m² | ¥236k/m² |
| 2018 | ¥67k/m² | ¥91k/m² | ¥161k/m² | ¥238k/m² |
| 2019 | ¥56k/m² | ¥91k/m² | ¥136k/m² | ¥250k/m² |
| 2020 | ¥54k/m² | ¥86k/m² | ¥141k/m² | ¥243k/m² |
| 2021 | ¥50k/m² | ¥82k/m² | ¥160k/m² | ¥225k/m² |
| 2022 | ¥57k/m² | ¥85k/m² | ¥143k/m² | ¥229k/m² |
| 2023 | ¥59k/m² | ¥90k/m² | ¥145k/m² | ¥219k/m² |
| 2024 | ¥43k/m² | ¥85k/m² | ¥149k/m² | ¥222k/m² |
| 2025 | ¥56k/m² | ¥89k/m² | ¥138k/m² | ¥212k/m² |
| 2026 (partial) | ¥68k/m² | ¥104k/m² | ¥130k/m² | – |
Prices by area in Ishikawa
Median prices for 2025. Sorted by condo price per m² (or house price per m² where there are few condo sales).
| Area | Condo price per m² | Median used condo price | Median house price (land + building) | Residential land per m² (sales) | Condo 5-yr change |
|---|---|---|---|---|---|
| Kanazawa City | ¥267k/m² | ¥18.5M | ¥20.0M | ¥80k/m² | +25.0% |
| Nonoichi City | – | – | ¥25.0M | ¥79k/m² | – |
| Tsubata Town, Kahoku County | – | – | ¥20.0M | ¥28k/m² | – |
| Kahoku City | – | – | ¥20.0M | ¥27k/m² | – |
| Hakusan City | – | – | ¥14.0M | ¥51k/m² | – |
| Uchinada Town, Kahoku County | – | – | ¥15.0M | ¥12k/m² | – |
| Nomi City | – | – | ¥12.0M | ¥21k/m² | – |
| Komatsu City | – | – | ¥10.0M | ¥20k/m² | – |
| Nanao City | – | – | ¥5.5M | ¥11k/m² | – |
| Kaga City | – | – | ¥3.5M | ¥12k/m² | – |
| Wajima City | – | – | ¥2.8M | ¥9k/m² | – |
| Suzu City | – | – | – | ¥3k/m² | – |
| Hakui City | – | – | – | ¥8k/m² | – |
| Shika Town, Hakui County | – | – | – | ¥3k/m² | – |
| Anamizu Town, Hosu County | – | – | – | ¥8k/m² | – |
| Noto Town, Hosu County | – | – | – | ¥5k/m² | – |
Prices near train stations in Ishikawa
Sales from 2023–2025, grouped by nearest station.
| Station | Median used condo price | Condo price per m² | Median house price (land + building) | Walk (min) | Sales |
|---|---|---|---|---|---|
| Kanazawa (金沢) | ¥16.0M | ¥240k/m² | ¥20.0M | 18 | 1643 |
| Komatsu (小松) | ¥2.2M | ¥89k/m² | ¥10.0M | 13 | 197 |
| Matto (松任) | ¥3.5M | ¥120k/m² | ¥19.5M | 14 | 174 |
| Anamizu (穴水) | – | – | ¥3.0M | 8 | 142 |
| Nomineagari (能美根上) | – | – | ¥9.9M | 18 | 111 |
| Hakui (羽咋) | – | – | ¥5.0M | 14 | 104 |
| Nanao (七尾) | – | – | ¥5.0M | 18 | 87 |
| Uchinada (内灘) | – | – | ¥17.0M | 14 | 84 |
| Kaga Onsen (加賀温泉) | – | – | ¥3.5M | 19 | 79 |
| Awazu(Ishikawa) (粟津(石川)) | – | – | ¥6.3M | 20 | 74 |
| Nonoichi(IR) (野々市(ＩＲ)) | – | – | ¥24.0M | 16 | 70 |
| Unoke (宇野気) | – | – | ¥20.0M | 16 | 69 |
| Higashi Kanazawa (東金沢) | ¥20.5M | ¥262k/m² | ¥18.0M | 13 | 61 |
| Tsubata (津幡) | – | – | ¥19.5M | 19 | 60 |
| Kaga Kasama (加賀笠間) | – | – | ¥15.0M | 18 | 52 |
Used condo prices by layout in Ishikawa
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 3LDK | ¥19.0M | 75 m² | 147 |
| 2LDK | ¥19.0M | 65 m² | 80 |
| 1K | ¥2.2M | 20 m² | 59 |
| 1LDK | ¥15.0M | 55 m² | 27 |
| 4LDK | ¥29.0M | 90 m² | 23 |
| 1DK | ¥3.3M | 30 m² | 19 |
| 2DK | ¥5.8M | 45 m² | 18 |
How much does an apartment cost in Ishikawa?
The median used condo (mansion) in Ishikawa sold for ¥16.0M in 2025, about ¥248k/m², based on 134 recorded sales.
How much does a house cost in Ishikawa?
The median house sale, including the land, was ¥15.0M in 2025 across 1229 sales.
Are property prices in Ishikawa going up?
Over the five years to 2025, condo prices per m² changed +16.0% and residential land prices changed +6.5%.
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.