Sakurajima over Kagoshima
Photo: Sakurajima over Kagoshima · Tuan P. / Unsplash

Makurazaki 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)
¥2.9M
Transactions in 2025
33
#13 of 13 areas in Kagoshima by price per m²

What the data says

What a typical purchase costs

Half of all house sales last year were between ¥1.1M and ¥7.1M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 10.4% between 2020 and 2025 (−4.7% for the wider area). More people moved out than in during 2025 (about 11.8 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

23.8% of homes were empty in 2023 (20.5% for the wider area), and 20.4% 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.

Lower earthquake risk

The government's seismic model gives a 4% chance of shaking of intensity 6-lower or stronger in the next 30 years (16% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

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 -3% in the year to January 2026 and -15% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

Living in Makurazaki City: people, homes and risks

Population 2025
17,948
-10.4% since 2020
Kagoshima: -4.7%
Net moves in 2025
-211
-11.76 per 1,000 residents
Kagoshima: -3.31
Vacant homes (2023)
23.8%
20.4% empty and not for rent or sale
Kagoshima: 20.5%
Median rent (2023)
¥35k
per month, all rented homes
Kagoshima: ¥42k
Strong earthquake risk
4.2%
chance of shaking of intensity 6-lower or more within 30 years
Kagoshima: 15.6%
Official land price 2026
¥15k/m²
-2.8% in a year · -15.5% in 5 years
Kagoshima: ¥19k/m²
Flood exposure
0.0%
of 5 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kagoshima: 27.0%
Landslide exposure
0.0%
of 5 benchmark sites in a landslide warning area
Kagoshima: 4.6%

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 Makurazaki 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

¥1.0M

¥14k/m²

  • Shimmachi
  • Makurazaki · 15 min walk
  • Land 100 m² · floor 70 m²
  • Built 1966 (60 yrs) · Wood
Typical2025 Q4

¥2.0M

¥14k/m²

  • Izumimachi
  • Makurazaki · 12 min walk
  • Land 125 m² · floor 140 m²
  • Built 1986 (39 yrs) · RC
Higher-priced2026 Q1

¥5.8M

¥73k/m²

  • Tategamikitamachi
  • Makurazaki
  • Land 350 m² · floor 80 m²
  • Built 2009 (17 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 29% between 2023 and 2025. Prices per m² rose 15%, so most of it is a real increase, with the rest coming from larger homes selling. With only 24 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥2.0M¥4.0M¥6.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥5.8M
2009–
2010–
2012–
2013–
2014–
2016–
2018¥3.0M
2019¥3.0M
2020¥4.4M
2022–
2023¥2.3M
2025¥2.9M
Median price per m² by year
¥0¥20k¥40k¥60k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥13k/m²
2008¥54k/m²¥14k/m²
2009–¥16k/m²
2010–¥16k/m²
2012–¥20k/m²
2013–¥15k/m²
2014–¥14k/m²
2016–¥14k/m²
2018¥32k/m²–
2019¥25k/m²¥15k/m²
2020¥40k/m²¥9k/m²
2022–¥11k/m²
2023¥18k/m²–
2025¥21k/m²–

Prices near train stations in Makurazaki City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Makurazaki (枕崎)––¥3.0M1257
Shirasawa(Kagoshima) (白沢(鹿児島))––¥1.0M1410

How much does a house cost in Makurazaki City?

The median house sale, including the land, was ¥2.9M in 2025 across 24 sales.

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.