Minato Mirai, Yokohama, Kanagawa
Photo: Minato Mirai, Yokohama, Kanagawa · Roberto Jr Saldana / Unsplash

Aikawa Town, Aiko County 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)
¥17.0M
Residential land per m² (sales)
¥49k/m²
+69.0% over 5 years
Transactions in 2025
95
#48 of 51 areas in Kanagawa by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 0.5% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Kanagawa

Per m², houses here are 64% below the Kanagawa average. Ten years ago the gap was 56%, so Aikawa Town, Aiko County has been falling behind the rest of Kanagawa.

What a typical purchase costs

Half of all house sales last year were between ¥9.6M and ¥25.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.9% between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 2.2 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 4.4% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.3% of homes were empty in 2023 (9.8% for the wider area), and 2.8% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Moderate earthquake risk

The government's seismic model gives a 43% 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +1% 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 in a landslide warning area. 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 Aikawa Town, Aiko County: people, homes and risks

Population 2025
39,114
-1.9% since 2020
Kanagawa: -0.5%
Net moves in 2025
+87
+2.22 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
8.3%
2.8% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥44k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
43.4%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥40k/m²
+0.5% in a year · -1.4% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
0.0%
of 9 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
22.2%
of 9 benchmark sites in a landslide warning area
Kanagawa: 2.4%

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 Aikawa Town, Aiko County

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

¥6.3M

¥66k/m²

  • Nakatsu
  • Hon Atsugi
  • Land 185 m² · floor 95 m²
  • Built 2001 (25 yrs) · Wood
Typical2025 Q3

¥14.0M

¥112k/m²

  • Kasugadai
  • Hon Atsugi
  • Land 155 m² · floor 125 m²
  • Built 1990 (35 yrs) · Wood
Higher-priced2025 Q4

¥26.0M

¥236k/m²

  • Nakatsu
  • Hon Atsugi
  • Land 155 m² · floor 110 m²
  • Built 2003 (22 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥15.0M
2008¥18.0M
2009¥13.0M
2010¥14.0M
2011¥18.0M
2012¥17.0M
2013¥17.0M
2014¥14.0M
2015¥13.5M
2016¥13.5M
2017¥18.0M
2018¥9.0M
2019¥15.5M
2020¥19.5M
2021¥16.0M
2022¥18.0M
2023¥15.0M
2024¥17.0M
2025¥17.0M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥167k/m²¥56k/m²
2008¥166k/m²¥48k/m²
2009¥131k/m²¥58k/m²
2010¥129k/m²¥46k/m²
2011¥168k/m²¥58k/m²
2012¥178k/m²¥46k/m²
2013¥165k/m²¥49k/m²
2014¥151k/m²¥42k/m²
2015¥142k/m²¥61k/m²
2016¥148k/m²¥46k/m²
2017¥130k/m²¥38k/m²
2018¥94k/m²¥29k/m²
2019¥126k/m²¥40k/m²
2020¥170k/m²¥29k/m²
2021¥176k/m²¥26k/m²
2022¥126k/m²¥32k/m²
2023¥126k/m²¥50k/m²
2024¥129k/m²¥41k/m²
2025¥160k/m²¥49k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥265k/m²
33¥86k/m²
50¥74k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2008201020122014201620182020

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
Year1981-20002001-20102011-2020
2008¥143k/m²¥221k/m²–
2009¥76k/m²––
2010¥108k/m²¥190k/m²–
2012––¥211k/m²
2013¥95k/m²––
2015¥79k/m²––
2018¥82k/m²––
2019¥83k/m²––
2021¥85k/m²––

Prices near train stations in Aikawa Town, Aiko County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Hon Atsugi (本厚木)––¥15.5M19136

How much does a house cost in Aikawa Town, Aiko County?

The median house sale, including the land, was ¥17.0M in 2025 across 42 sales.

Are property prices in Aikawa Town, Aiko County going up?

Over the five years to 2025, residential land prices changed +69.0%.

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.