Minato Mirai, Yokohama, Kanagawa
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Chuo Ward, Sagamihara City Housing Market Report 2025

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median used condo price
¥21.0M
¥341k/m²
Median house price (land + building)
¥36.0M
-11.0% vs 2024
Residential land per m² (sales)
¥170k/m²
+21.4% over 5 years
Transactions in 2025
545
#34 of 51 areas in Kanagawa by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 6.6% a year over the past five years, faster than the 3.1% 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 Kanagawa

Per m², condos here are 39% below the Kanagawa average. That position has barely changed in ten years, so it moves with the wider market.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 28% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

A family market

53% of recent condo sales have three or more bedrooms. Demand comes mainly from owner-occupier families, which tends to make prices steadier but rental yields lower.

Sales are thinning out

Transactions are down about 13% 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 condo sales last year were between ¥11.3M and ¥30.0M. 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). Moves in and out roughly balanced in 2025. Households still grew 3.1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.4% of homes were empty in 2023 (9.8% for the wider area), and 2.7% 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.

Buying vs renting

A median used condo costs about 30.9 years of the area's median rent (¥57k a month), compared with 34.7 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 49% 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 rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +5% in the year to January 2026 and +18% over five years. They are still 46% below their 1991 bubble-era level. 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.

Government-backed redevelopment

This area includes national Urgent Urban Renewal Areas: Hashimoto and Sagamihara Station areas. These allow larger, denser buildings and give big projects financial support, so expect new offices, shops and housing to keep reshaping the area.

Living in Chuo Ward, Sagamihara City: people, homes and risks

Population 2025
268,582
-1.9% since 2020
Kanagawa: -0.5%
Net moves in 2025
+500
+1.86 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
8.4%
2.7% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥57k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
49.1%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥190k/m²
+4.8% in a year · +17.7% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
4.8%
of 42 benchmark sites in a worst-case flood zone (2.4% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
0.0%
of 42 benchmark sites in a landslide warning area
Kanagawa: 2.4%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Hashimoto and Sagamihara Station areas · 89 ha · designated 2003

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 Chuo Ward, Sagamihara 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.

Condo

Lower-priced2025 Q4

¥4.6M

¥307k/m²

  • Fuchinobe
  • Fuchinobe · 6 min walk
  • 1K · 15 m²
  • Built 1991 (34 yrs) · RC
Typical2026 Q2

¥17.0M

¥309k/m²

  • Kanumadai
  • Fuchinobe · 5 min walk
  • 3DK · 55 m²
  • Built 1987 (39 yrs) · SRC
Higher-priced2025 Q4

¥32.0M

¥427k/m²

  • Sagamihara
  • Sagamihara · 4 min walk
  • 3LDK · 75 m²
  • Built 2002 (23 yrs) · SRC

House

Lower-priced2026 Q2

¥21.0M

¥210k/m²

  • Hoshigaoka
  • Kamimizo · 9 min walk
  • Land 130 m² · floor 100 m²
  • Built 2014 (12 yrs) · Wood
Typical2026 Q1

¥36.0M

¥400k/m²

  • Seshin
  • Sagamihara · 18 min walk
  • Land 100 m² · floor 90 m²
  • Built 2011 (15 yrs) · Wood
Higher-priced2025 Q4

¥57.0M

¥326k/m²

  • Higashifuchinobe
  • Kobuchi(Kanagawa) · 8 min walk
  • Land 230 m² · floor 175 m²
  • Built 1992 (33 yrs) · Light steel
Median transaction price by yearA jump driven by what sold — The median condo price rose 31% between 2023 and 2025. Per m², prices rose only 15%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive.
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥11.0M¥33.0M
2008¥9.1M¥32.0M
2009¥12.0M¥28.0M
2010¥12.0M¥29.5M
2011¥12.0M¥27.0M
2012¥12.0M¥28.0M
2013¥13.0M¥29.0M
2014¥11.0M¥30.0M
2015¥12.0M¥29.0M
2016¥11.0M¥32.0M
2017¥13.0M¥31.0M
2018¥12.0M¥30.0M
2019¥14.0M¥32.0M
2020¥12.0M¥30.0M
2021¥16.0M¥33.0M
2022¥15.5M¥36.0M
2023¥16.0M¥36.0M
2024¥20.0M¥39.5M
2025¥21.0M¥36.0M
2026 (partial)¥15.0M¥36.0M
Median price per m² by yearHouses and condos cost about the same per m² — A m² of house floor costs roughly the same as a m² of condo, even though the house includes its land. That usually means land here is expensive, so a house is not a cheap way to get more space.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥233k/m²¥337k/m²¥190k/m²
2008¥220k/m²¥317k/m²¥170k/m²
2009¥223k/m²¥267k/m²¥150k/m²
2010¥217k/m²¥285k/m²¥150k/m²
2011¥219k/m²¥275k/m²¥150k/m²
2012¥217k/m²¥270k/m²¥140k/m²
2013¥238k/m²¥283k/m²¥150k/m²
2014¥200k/m²¥286k/m²¥140k/m²
2015¥222k/m²¥263k/m²¥150k/m²
2016¥221k/m²¥282k/m²¥130k/m²
2017¥253k/m²¥295k/m²¥160k/m²
2018¥246k/m²¥295k/m²¥150k/m²
2019¥250k/m²¥293k/m²¥130k/m²
2020¥242k/m²¥298k/m²¥140k/m²
2021¥282k/m²¥305k/m²¥150k/m²
2022¥286k/m²¥348k/m²¥160k/m²
2023¥298k/m²¥328k/m²¥170k/m²
2024¥338k/m²¥368k/m²¥170k/m²
2025¥341k/m²¥327k/m²¥170k/m²
2026 (partial)¥273k/m²¥308k/m²¥155k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 15 years old and half by around 27. Prices keep falling by roughly 1.5% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.Houses bottom out at around 14 years — House prices per m² drop about 32% from new by age 14, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥400k/m²
1–¥367k/m²
2–¥446k/m²
3¥600k/m²–
4¥592k/m²¥395k/m²
5¥656k/m²–
6–¥364k/m²
7–¥415k/m²
8¥507k/m²¥387k/m²
9¥520k/m²–
10–¥297k/m²
11¥548k/m²–
12¥467k/m²¥273k/m²
13¥507k/m²¥322k/m²
14–¥367k/m²
15¥415k/m²¥265k/m²
16¥386k/m²¥274k/m²
17¥400k/m²¥273k/m²
18¥378k/m²¥271k/m²
19¥415k/m²¥299k/m²
20¥367k/m²¥256k/m²
21¥400k/m²¥228k/m²
22¥346k/m²¥233k/m²
23¥355k/m²¥265k/m²
24¥343k/m²¥275k/m²
25¥380k/m²¥270k/m²
26¥280k/m²¥255k/m²
27¥315k/m²¥200k/m²
28¥282k/m²¥260k/m²
29¥273k/m²¥238k/m²
30¥232k/m²¥213k/m²
31¥233k/m²¥185k/m²
32¥233k/m²¥227k/m²
33¥233k/m²¥185k/m²
34¥217k/m²¥212k/m²
35¥213k/m²¥182k/m²
36¥273k/m²¥178k/m²
37¥299k/m²¥202k/m²
38¥238k/m²–
40–¥194k/m²
41–¥200k/m²
42–¥167k/m²
44–¥200k/m²
45–¥164k/m²
48–¥164k/m²
49–¥214k/m²
50–¥300k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k2007200920112013201520172019202120232025

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
2007¥218k/m²¥417k/m²–
2008¥200k/m²––
2009¥200k/m²¥338k/m²–
2010¥200k/m²¥304k/m²–
2011¥200k/m²¥329k/m²–
2012¥200k/m²¥296k/m²–
2013¥214k/m²¥340k/m²–
2014¥190k/m²¥334k/m²–
2015¥200k/m²¥334k/m²–
2016¥193k/m²¥373k/m²–
2017¥215k/m²¥314k/m²–
2018¥200k/m²¥312k/m²–
2019¥230k/m²––
2020¥200k/m²¥348k/m²–
2021¥236k/m²¥354k/m²¥462k/m²
2022¥233k/m²¥383k/m²¥527k/m²
2023¥248k/m²¥400k/m²–
2024¥284k/m²¥415k/m²¥577k/m²
2025¥265k/m²¥414k/m²¥616k/m²
2026 (partial)¥253k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025

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
Year1971-19801981-20002001-20102011-2020
2007¥245k/m²¥221k/m²¥370k/m²–
2008–¥213k/m²¥357k/m²–
2009–¥200k/m²¥305k/m²–
2010¥187k/m²¥200k/m²¥311k/m²–
2011¥200k/m²¥194k/m²¥287k/m²¥308k/m²
2012¥172k/m²¥183k/m²–¥311k/m²
2013¥186k/m²¥180k/m²–¥316k/m²
2014–¥182k/m²¥244k/m²¥326k/m²
2015¥169k/m²¥179k/m²–¥310k/m²
2016¥169k/m²¥200k/m²¥248k/m²¥350k/m²
2017¥147k/m²¥172k/m²¥246k/m²¥340k/m²
2018¥135k/m²¥200k/m²¥248k/m²¥339k/m²
2019–¥200k/m²¥262k/m²¥347k/m²
2020¥130k/m²¥176k/m²–¥320k/m²
2021¥182k/m²¥211k/m²¥274k/m²¥361k/m²
2022–¥214k/m²¥273k/m²–
2023–¥226k/m²¥267k/m²–
2024–¥222k/m²¥278k/m²¥363k/m²
2025–¥204k/m²¥260k/m²¥386k/m²
2026 (partial)–¥242k/m²––

Prices near train stations in Chuo Ward, Sagamihara City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Fuchinobe (淵野辺)¥20.5M¥354k/m²¥39.0M13392
Sagamihara (相模原)¥19.0M¥333k/m²¥44.0M10321
Kamimizo (上溝)¥15.0M¥293k/m²¥31.0M13234
Yabe (矢部)¥14.0M¥291k/m²¥42.0M13114
Banda(Kanagawa) (番田(神奈川))¥18.5M¥277k/m²¥29.0M1081
Minami Hashimoto (南橋本)¥22.0M¥326k/m²¥34.5M666
Kobuchi(Kanagawa) (古淵)¥23.5M¥378k/m²¥40.0M1563

Used condo prices by layout in Chuo Ward, Sagamihara City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥26.0M65 m²218
2LDK¥23.0M55 m²85
1K¥3.4M15 m²84
4LDK¥28.0M75 m²24
2DK¥11.0M45 m²12
1LDK¥13.0M50 m²11
3DK¥7.5M50 m²10

How much does an apartment cost in Chuo Ward, Sagamihara City?

The median used condo (mansion) in Chuo Ward, Sagamihara City sold for ¥21.0M in 2025, about ¥341k/m², based on 162 recorded sales.

How much does a house cost in Chuo Ward, Sagamihara City?

The median house sale, including the land, was ¥36.0M in 2025 across 256 sales.

Are property prices in Chuo Ward, Sagamihara City going up?

Over the five years to 2025, condo prices per m² changed +40.6% and residential land prices changed +21.4%.

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.