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

Kamakura Housing Market 2025: A Historic Seaside Town of Family Homes

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

Key figures for 2025

Median used condo price
¥40.0M
¥533k/m²
Median house price (land + building)
¥49.0M
Residential land per m² (sales)
¥210k/m²
+10.5% over 5 years
Transactions in 2025
383
#15 of 51 areas in Kanagawa by price per m²

Family homes, almost no studios

Kamakura's market is almost all family homes. The most traded condo is a 75 m² 3LDK at about ¥37M, more than three-quarters of condo sales are family-sized, and studios are rare. Houses are the bigger market: about 190 sold in 2025, at a median of about ¥49M.

Prices picking up after a long flat period

Condo prices per m² rose about 5% a year over the past five years, after almost no growth in the five years before. Condos cost about ¥0.53M per m², a little below the Kanagawa average. Benchmark residential land rose about 5% in the past year, but only about 16% over ten years, and it is still about 46% below its 1991 peak.

Location is everything

Condos near Kamakura Station and Hase sell at about ¥0.8–1.0M per m², about twice those near Ofuna and Shonan-Fukasawa. Ofuna, a big rail junction, is by far the busiest station. Houses near the sea, around Shichirigahama and Kamakura-Kokomae, sell for the highest prices.

Population and second homes

Population fell 1.6% between 2020 and 2025, but more people moved in from the rest of Japan than left. Kamakura has many second homes and about 5% of homes are long-term empty. A median condo costs about 42 years of median rent, so yields are thin.

Natural risks

Kamakura has a mix of risks: about 20% of benchmark sites are in a tsunami zone near the beaches, about 10% in landslide zones in the hills, and some in deep flood zones in the river valleys. Check the hazard map for any address.

Living in Kamakura City: people, homes and risks

Population 2025
169,870
-1.6% since 2020
Kanagawa: -0.5%
Net moves in 2025
+351
+2.07 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
10.8%
5.4% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥79k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
51.9%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥207k/m²
+4.9% in a year · +18.1% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
18.8%
of 48 benchmark sites in a worst-case flood zone (8.3% 3 m or deeper)
Kanagawa: 25.9%
Tsunami exposure
20.8%
of 48 benchmark sites in a tsunami inundation zone
Kanagawa: 10.5%
Landslide exposure
10.4%
of 48 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 Kamakura 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-priced2026 Q2

¥23.0M

¥383k/m²

  • Yamazaki
  • Shonan Machiya · 6 min walk
  • 3LDK · 60 m²
  • Built 1997 (29 yrs) · RC
Typical2026 Q1

¥39.0M

¥459k/m²

  • Shichirigahama
  • Shichirigahama · 8 min walk
  • 3LDK · 85 m²
  • Built 1985 (41 yrs) · RC
Higher-priced2025 Q3

¥62.0M

¥886k/m²

  • Terabun
  • Shonan Fukasawa · 7 min walk
  • 2LDK · 70 m²
  • Built 2024 (1 yrs) · RC

House

Lower-priced2026 Q2

¥31.0M

¥365k/m²

  • Imaizumi
  • Ofuna
  • Land 85 m² · floor 85 m²
  • Built 2025 (1 yrs) · Wood
Typical2026 Q2

¥49.0M

¥363k/m²

  • Dai
  • Fujimicho(Kanagawa) · 10 min walk
  • Land 210 m² · floor 135 m²
  • Built 2017 (9 yrs) · Wood
Higher-priced2025 Q3

¥71.0M

¥473k/m²

  • Omachi
  • Kamakura · 8 min walk
  • Land 270 m² · floor 150 m²
  • Built 1955 (70 yrs)
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥28.0M¥46.0M
2008¥29.5M¥43.0M
2009¥29.0M¥38.0M
2010¥30.0M¥42.0M
2011¥31.0M¥39.0M
2012¥32.0M¥40.0M
2013¥32.0M¥40.0M
2014¥32.0M¥41.0M
2015¥28.0M¥38.5M
2016¥29.0M¥40.0M
2017¥32.0M¥39.0M
2018¥34.0M¥42.0M
2019¥30.5M¥40.0M
2020¥33.0M¥39.0M
2021¥34.0M¥45.0M
2022¥38.0M¥49.5M
2023¥36.5M¥49.0M
2024¥39.0M¥53.0M
2025¥40.0M¥49.0M
2026 (partial)¥32.0M¥49.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 10% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space.
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥393k/m²¥421k/m²¥210k/m²
2008¥394k/m²¥410k/m²¥230k/m²
2009¥383k/m²¥367k/m²¥190k/m²
2010¥367k/m²¥368k/m²¥190k/m²
2011¥387k/m²¥393k/m²¥190k/m²
2012¥422k/m²¥378k/m²¥190k/m²
2013¥413k/m²¥356k/m²¥190k/m²
2014¥418k/m²¥366k/m²¥180k/m²
2015¥350k/m²¥358k/m²¥180k/m²
2016¥388k/m²¥374k/m²¥180k/m²
2017¥417k/m²¥380k/m²¥180k/m²
2018¥400k/m²¥376k/m²¥170k/m²
2019¥400k/m²¥369k/m²¥185k/m²
2020¥422k/m²¥375k/m²¥190k/m²
2021¥429k/m²¥427k/m²¥170k/m²
2022¥486k/m²¥444k/m²¥220k/m²
2023¥500k/m²¥483k/m²¥210k/m²
2024¥513k/m²¥484k/m²¥210k/m²
2025¥533k/m²¥457k/m²¥210k/m²
2026 (partial)¥547k/m²¥460k/m²¥245k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 14 years — House prices per m² drop about 18% 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–¥533k/m²
1–¥523k/m²
3–¥609k/m²
5–¥638k/m²
6–¥603k/m²
8–¥600k/m²
9–¥692k/m²
10–¥563k/m²
13–¥578k/m²
14–¥438k/m²
16¥547k/m²¥419k/m²
17–¥404k/m²
18¥600k/m²¥413k/m²
19¥588k/m²¥437k/m²
20¥675k/m²¥519k/m²
21¥586k/m²¥565k/m²
22¥501k/m²¥414k/m²
23¥569k/m²¥500k/m²
24¥507k/m²¥339k/m²
25¥445k/m²¥412k/m²
27–¥429k/m²
28–¥373k/m²
29–¥421k/m²
30–¥333k/m²
32–¥272k/m²
33–¥364k/m²
34–¥305k/m²
35–¥251k/m²
36–¥343k/m²
37¥343k/m²¥313k/m²
38–¥467k/m²
39–¥321k/m²
40–¥313k/m²
41–¥331k/m²
42–¥316k/m²
45–¥270k/m²
46¥371k/m²¥350k/m²
47–¥330k/m²
48¥272k/m²¥388k/m²
49¥282k/m²¥340k/m²
50¥259k/m²¥307k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k200820102012201420162018202020222024

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
2008–¥357k/m²––
2009–¥333k/m²¥525k/m²–
2010–¥322k/m²¥453k/m²–
2011–¥307k/m²¥497k/m²–
2012–¥388k/m²¥500k/m²–
2013–¥325k/m²¥429k/m²¥500k/m²
2014–¥350k/m²¥450k/m²–
2015–¥306k/m²¥435k/m²–
2016¥290k/m²¥318k/m²¥519k/m²–
2017–¥347k/m²¥454k/m²–
2018–¥359k/m²¥493k/m²–
2019–¥329k/m²¥457k/m²–
2020–¥347k/m²¥486k/m²–
2021–¥406k/m²––
2022–¥390k/m²¥515k/m²–
2023––¥588k/m²–
2024–¥429k/m²¥700k/m²–
2025–¥425k/m²¥728k/m²–
House 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
Year1971-19801981-20002001-20102011-2020
2007¥367k/m²¥358k/m²¥456k/m²–
2008¥330k/m²¥366k/m²¥448k/m²–
2009¥307k/m²¥317k/m²¥400k/m²–
2010¥337k/m²¥330k/m²¥411k/m²–
2011¥300k/m²¥323k/m²¥435k/m²¥411k/m²
2012¥290k/m²¥324k/m²–¥432k/m²
2013¥293k/m²¥307k/m²¥407k/m²¥400k/m²
2014¥261k/m²¥289k/m²¥484k/m²¥436k/m²
2015¥215k/m²¥293k/m²¥400k/m²¥410k/m²
2016¥238k/m²¥309k/m²¥394k/m²¥447k/m²
2017¥242k/m²¥324k/m²–¥429k/m²
2018¥303k/m²¥296k/m²¥371k/m²¥442k/m²
2019¥257k/m²¥278k/m²¥390k/m²¥427k/m²
2020–¥271k/m²¥380k/m²¥425k/m²
2021¥296k/m²¥323k/m²¥465k/m²¥495k/m²
2022¥297k/m²¥336k/m²¥444k/m²–
2023¥251k/m²¥410k/m²¥424k/m²¥642k/m²
2024¥342k/m²¥374k/m²¥463k/m²–
2025¥335k/m²¥333k/m²¥485k/m²¥535k/m²

Prices near train stations in Kamakura City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Ofuna (大船)¥33.0M¥453k/m²¥47.0M17290
Kamakura (鎌倉)¥86.5M¥1.0M/m²¥58.0M15171
Shonan Fukasawa (湘南深沢)¥33.0M¥411k/m²¥43.0M1464
Nishi Kamakura (西鎌倉)––¥54.0M856
Fujimicho(Kanagawa) (富士見町(神奈川))¥39.5M¥545k/m²¥35.0M751
Kita Kamakura (北鎌倉)¥21.0M¥263k/m²¥45.0M1143
Shichirigahama (七里ケ浜)––¥71.0M1026
Kamakura Kokomae (鎌倉高校前)––¥105M625
Hase(Kanagawa) (長谷(神奈川))¥65.0M¥817k/m²¥92.0M424
Shonan Machiya (湘南町屋)––¥44.0M819
Koshigoe (腰越)––¥48.0M419
Kataseyama (片瀬山)––¥49.0M518
Inamuragasaki (稲村ケ崎)––¥54.0M1017

Used condo prices by layout in Kamakura City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥37.0M75 m²163
2LDK¥50.0M70 m²41
4LDK¥38.0M85 m²25

How much does an apartment cost in Kamakura City?

The median used condo (mansion) in Kamakura City sold for ¥40.0M in 2025, about ¥533k/m², based on 78 recorded sales.

How much does a house cost in Kamakura City?

The median house sale, including the land, was ¥49.0M in 2025 across 190 sales.

Are property prices in Kamakura City going up?

Over the five years to 2025, condo prices per m² changed +26.3% and residential land prices changed +10.5%.

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.