Kanagawa Ward, Yokohama 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
- ¥27.0M
- ¥800k/m² · +2.2% vs 2024
- Median house price (land + building)
- ¥55.0M
- +5.7% vs 2024
- Residential land per m² (sales)
- ¥350k/m²
- +29.6% over 5 years
- Transactions in 2025
- 692
- #6 of 51 areas in Kanagawa by price per m²
What the data says
Steady, predictable growth
Condo prices per m² have climbed about 6.1% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.
Outperforming Kanagawa
Per m², condos here are 41% above the Kanagawa average. The premium has grown from 22% ten years ago, so Kanagawa Ward, Yokohama City has been outperforming its surroundings.
Being near a station is worth a lot
Condos within a 5-minute walk of a station sell for about 20% 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 market for singles and investors
39% of recent condo sales are studios or 1K/1DK units, typical of rental investment and single workers. Small units are easy to rent but sensitive to new supply. Families will find fewer options.
What a typical purchase costs
Half of all condo sales last year were between ¥17.0M and ¥48.0M. Listings outside that range are either unusual properties or worth a closer look.
A growing population
The population grew 2.1% between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 9.6 per 1,000 residents, so demand for homes is being topped up by newcomers.
Few abandoned homes
10.2% 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.
Buying vs renting
A median used condo costs about 32.5 years of the area's median rent (¥69k 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.
High earthquake risk
The government's seismic model gives a 55% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake 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 +20% over five years. They are still 31% below their 1991 bubble-era level. 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, 8% are in a tsunami inundation zone. 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.
Government-backed redevelopment
This area includes national Urgent Urban Renewal Areas: Central Yokohama and Waterfront (Yokohama Station, Minato Mirai, Kannai) (priority zone). 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 Kanagawa Ward, Yokohama City: people, homes and risks
- Population 2025
- 252,480
- +2.1% since 2020
- Kanagawa: -0.5%
- Net moves in 2025
- +2,422
- +9.59 per 1,000 residents
- Kanagawa: +3.05
- Vacant homes (2023)
- 10.2%
- 2.8% empty and not for rent or sale
- Kanagawa: 9.8%
- Median rent (2023)
- ¥69k
- per month, all rented homes
- Kanagawa: ¥70k
- Strong earthquake risk
- 55.1%
- chance of shaking of intensity 6-lower or more within 30 years
- Kanagawa: 56.2%
- Official land price 2026
- ¥330k/m²
- +5.0% in a year · +20.3% in 5 years
- Kanagawa: ¥198k/m²
- Flood exposure
- 0.0%
- of 36 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
- Kanagawa: 25.9%
- Tsunami exposure
- 8.3%
- of 36 benchmark sites in a tsunami inundation zone
- Kanagawa: 10.5%
- Landslide exposure
- 0.0%
- of 36 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.
- Central Yokohama and Waterfront (Yokohama Station, Minato Mirai, Kannai) · 524 ha · designated 2002 · Specified zone (highest priority)
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 Kanagawa Ward, Yokohama 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
¥14.0M
¥400k/m²
- Kanagawa
- Higashi Kanagawa · 3 min walk
- 1K · 35 m²
- Built 1989 (37 yrs) · Steel
¥29.0M
¥580k/m²
- Shimmachi
- Kanagawa Shimmachi · 4 min walk
- 3LDK · 50 m²
- Built 1980 (45 yrs)
¥62.0M
¥729k/m²
- Tomiyacho
- Higashi Kanagawa · 3 min walk
- 3LDK · 85 m²
- Built 1979 (46 yrs) · SRC
House
¥35.0M
¥438k/m²
- Matsumicho
- Oguchi · 6 min walk
- Land 100 m² · floor 80 m²
- Built 1994 (32 yrs) · Wood
¥52.0M
¥547k/m²
- Hazawacho
- Hazawa Yokohama Kokudai · 15 min walk
- Land 125 m² · floor 95 m²
- Built 2025 (1 yrs) · Wood
¥80.0M
¥667k/m²
- Oguchinakamachi
- Oguchi · 11 min walk
- Land 145 m² · floor 120 m²
- Built 2026 (0 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2005 | ¥16.0M | ¥36.0M |
| 2006 | ¥16.0M | ¥39.0M |
| 2007 | ¥22.0M | ¥45.5M |
| 2008 | ¥20.0M | ¥45.0M |
| 2009 | ¥23.0M | ¥38.0M |
| 2010 | ¥21.0M | ¥40.0M |
| 2011 | ¥21.5M | ¥40.0M |
| 2012 | ¥20.0M | ¥40.0M |
| 2013 | ¥25.0M | ¥39.0M |
| 2014 | ¥20.0M | ¥40.0M |
| 2015 | ¥22.0M | ¥44.0M |
| 2016 | ¥22.0M | ¥42.0M |
| 2017 | ¥22.5M | ¥44.0M |
| 2018 | ¥24.0M | ¥44.0M |
| 2019 | ¥25.0M | ¥43.0M |
| 2020 | ¥25.0M | ¥45.0M |
| 2021 | ¥25.0M | ¥47.0M |
| 2022 | ¥25.0M | ¥54.0M |
| 2023 | ¥28.0M | ¥52.0M |
| 2024 | ¥28.0M | ¥54.0M |
| 2025 | ¥27.0M | ¥55.0M |
| 2026 (partial) | ¥32.5M | ¥55.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2005 | ¥367k/m² | ¥378k/m² | ¥235k/m² |
| 2006 | ¥360k/m² | ¥381k/m² | ¥210k/m² |
| 2007 | ¥450k/m² | ¥435k/m² | ¥270k/m² |
| 2008 | ¥427k/m² | ¥445k/m² | ¥290k/m² |
| 2009 | ¥400k/m² | ¥410k/m² | ¥230k/m² |
| 2010 | ¥414k/m² | ¥411k/m² | ¥240k/m² |
| 2011 | ¥450k/m² | ¥391k/m² | ¥240k/m² |
| 2012 | ¥400k/m² | ¥410k/m² | ¥255k/m² |
| 2013 | ¥435k/m² | ¥389k/m² | ¥230k/m² |
| 2014 | ¥440k/m² | ¥394k/m² | ¥240k/m² |
| 2015 | ¥460k/m² | ¥436k/m² | ¥235k/m² |
| 2016 | ¥508k/m² | ¥400k/m² | ¥240k/m² |
| 2017 | ¥525k/m² | ¥442k/m² | ¥270k/m² |
| 2018 | ¥593k/m² | ¥456k/m² | ¥280k/m² |
| 2019 | ¥575k/m² | ¥440k/m² | ¥270k/m² |
| 2020 | ¥600k/m² | ¥462k/m² | ¥270k/m² |
| 2021 | ¥631k/m² | ¥470k/m² | ¥290k/m² |
| 2022 | ¥678k/m² | ¥520k/m² | ¥290k/m² |
| 2023 | ¥640k/m² | ¥513k/m² | ¥320k/m² |
| 2024 | ¥783k/m² | ¥505k/m² | ¥310k/m² |
| 2025 | ¥800k/m² | ¥533k/m² | ¥350k/m² |
| 2026 (partial) | ¥835k/m² | ¥516k/m² | – |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥1.4M/m² | ¥578k/m² |
| 1 | ¥1.3M/m² | ¥627k/m² |
| 2 | ¥1.4M/m² | – |
| 3 | ¥1.1M/m² | – |
| 4 | ¥1.1M/m² | – |
| 5 | ¥1.1M/m² | ¥624k/m² |
| 6 | ¥1.1M/m² | ¥456k/m² |
| 7 | ¥1.1M/m² | ¥502k/m² |
| 8 | ¥1.0M/m² | – |
| 9 | ¥1.0M/m² | ¥522k/m² |
| 10 | ¥926k/m² | ¥488k/m² |
| 11 | ¥846k/m² | – |
| 12 | ¥800k/m² | – |
| 13 | ¥942k/m² | – |
| 14 | ¥950k/m² | – |
| 15 | ¥890k/m² | – |
| 16 | ¥1.0M/m² | ¥483k/m² |
| 17 | ¥950k/m² | – |
| 18 | ¥858k/m² | – |
| 19 | ¥729k/m² | ¥420k/m² |
| 20 | ¥786k/m² | – |
| 21 | ¥736k/m² | – |
| 22 | ¥760k/m² | ¥358k/m² |
| 23 | ¥750k/m² | – |
| 24 | ¥667k/m² | ¥340k/m² |
| 25 | ¥751k/m² | – |
| 26 | ¥649k/m² | ¥408k/m² |
| 27 | ¥638k/m² | ¥397k/m² |
| 28 | ¥667k/m² | ¥310k/m² |
| 29 | ¥600k/m² | – |
| 30 | ¥640k/m² | ¥327k/m² |
| 31 | ¥437k/m² | ¥320k/m² |
| 32 | ¥440k/m² | ¥300k/m² |
| 33 | ¥460k/m² | ¥372k/m² |
| 34 | ¥420k/m² | ¥372k/m² |
| 35 | ¥467k/m² | ¥290k/m² |
| 36 | ¥420k/m² | ¥341k/m² |
| 37 | ¥397k/m² | ¥300k/m² |
| 38 | ¥427k/m² | ¥296k/m² |
| 39 | ¥459k/m² | – |
| 40 | ¥433k/m² | ¥357k/m² |
| 41 | ¥444k/m² | ¥350k/m² |
| 42 | ¥400k/m² | – |
| 43 | ¥385k/m² | – |
| 44 | ¥533k/m² | – |
| 45 | – | ¥333k/m² |
| 46 | ¥588k/m² | – |
| 50 | ¥289k/m² | ¥300k/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 |
|---|---|---|---|---|
| 2005 | – | ¥362k/m² | ¥600k/m² | – |
| 2006 | – | ¥356k/m² | ¥500k/m² | – |
| 2007 | – | ¥420k/m² | ¥560k/m² | – |
| 2008 | ¥228k/m² | ¥380k/m² | ¥657k/m² | – |
| 2009 | – | ¥357k/m² | ¥584k/m² | – |
| 2010 | ¥207k/m² | ¥373k/m² | ¥565k/m² | – |
| 2011 | – | ¥360k/m² | ¥662k/m² | – |
| 2012 | – | ¥350k/m² | ¥538k/m² | – |
| 2013 | – | ¥400k/m² | ¥543k/m² | – |
| 2014 | – | ¥367k/m² | ¥600k/m² | – |
| 2015 | – | ¥418k/m² | ¥586k/m² | – |
| 2016 | – | ¥453k/m² | ¥600k/m² | ¥925k/m² |
| 2017 | – | ¥460k/m² | ¥679k/m² | ¥623k/m² |
| 2018 | – | ¥478k/m² | ¥733k/m² | ¥953k/m² |
| 2019 | ¥313k/m² | ¥480k/m² | ¥667k/m² | ¥900k/m² |
| 2020 | ¥400k/m² | ¥467k/m² | ¥760k/m² | ¥862k/m² |
| 2021 | ¥319k/m² | ¥477k/m² | ¥800k/m² | ¥833k/m² |
| 2022 | ¥340k/m² | ¥500k/m² | ¥829k/m² | ¥950k/m² |
| 2023 | ¥383k/m² | ¥527k/m² | ¥814k/m² | ¥1.0M/m² |
| 2024 | – | ¥582k/m² | ¥947k/m² | ¥1.0M/m² |
| 2025 | ¥400k/m² | ¥500k/m² | ¥950k/m² | ¥1.1M/m² |
| 2026 (partial) | – | ¥646k/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 |
|---|---|---|---|---|
| 2005 | – | – | ¥392k/m² | – |
| 2006 | – | ¥299k/m² | ¥424k/m² | – |
| 2007 | – | ¥327k/m² | ¥473k/m² | – |
| 2008 | – | ¥327k/m² | ¥478k/m² | – |
| 2009 | – | ¥273k/m² | ¥447k/m² | – |
| 2010 | – | ¥285k/m² | ¥443k/m² | – |
| 2011 | – | ¥320k/m² | – | ¥450k/m² |
| 2012 | ¥275k/m² | ¥292k/m² | – | ¥442k/m² |
| 2013 | – | ¥292k/m² | ¥400k/m² | ¥431k/m² |
| 2014 | – | ¥282k/m² | – | ¥449k/m² |
| 2015 | ¥261k/m² | ¥256k/m² | – | ¥495k/m² |
| 2016 | ¥299k/m² | ¥303k/m² | ¥348k/m² | ¥493k/m² |
| 2017 | – | ¥337k/m² | – | ¥480k/m² |
| 2018 | – | ¥324k/m² | ¥373k/m² | ¥520k/m² |
| 2019 | – | ¥250k/m² | ¥448k/m² | ¥484k/m² |
| 2020 | – | ¥311k/m² | ¥403k/m² | ¥494k/m² |
| 2021 | – | ¥348k/m² | ¥451k/m² | ¥492k/m² |
| 2022 | ¥300k/m² | ¥375k/m² | – | – |
| 2023 | – | ¥328k/m² | ¥448k/m² | – |
| 2024 | – | ¥321k/m² | ¥475k/m² | ¥550k/m² |
| 2025 | – | ¥380k/m² | – | – |
Prices near train stations in Kanagawa Ward, Yokohama City
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 |
|---|---|---|---|---|---|
| Oguchi (大口) | ¥28.0M | ¥600k/m² | ¥47.0M | 8 | 224 |
| Yokohama (横浜) | ¥65.5M | ¥1.2M/m² | ¥89.0M | 9 | 163 |
| Katakuracho (片倉町) | ¥26.0M | ¥429k/m² | ¥54.0M | 10 | 161 |
| Higashi Kanagawa (東神奈川) | ¥28.5M | ¥924k/m² | ¥160M | 5 | 133 |
| Shin Koyasu (新子安) | ¥35.0M | ¥727k/m² | ¥54.0M | 6 | 119 |
| Hakuraku (白楽) | ¥18.0M | ¥487k/m² | ¥60.0M | 9 | 116 |
| Mitsuzawa Shimocho (三ツ沢下町) | ¥20.0M | ¥440k/m² | ¥53.0M | 8 | 110 |
| Tammachi (反町) | ¥25.0M | ¥927k/m² | ¥81.0M | 4 | 108 |
| Myorenji (妙蓮寺) | ¥23.0M | ¥655k/m² | ¥50.0M | 10 | 93 |
| Kanagawa Shimmachi (神奈川新町) | ¥25.5M | ¥645k/m² | ¥54.0M | 5 | 86 |
| Kanagawa(Kanagawa) (神奈川) | ¥26.0M | ¥872k/m² | – | 4 | 76 |
| Koyasu (子安) | ¥24.0M | ¥1.1M/m² | ¥46.5M | 4 | 69 |
| Higashi Hakuraku (東白楽) | ¥33.5M | ¥982k/m² | ¥65.0M | 6 | 67 |
| Mitsuzawa Kamicho (三ツ沢上町) | ¥30.0M | ¥620k/m² | ¥54.0M | 7 | 66 |
| Hazawa Yokohama Kokudai (羽沢横浜国大) | – | – | ¥44.0M | 11 | 53 |
Used condo prices by layout in Kanagawa Ward, Yokohama City
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 1K | ¥20.0M | 20 m² | 334 |
| 3LDK | ¥47.0M | 65 m² | 294 |
| 2LDK | ¥38.5M | 55 m² | 202 |
| 1LDK | ¥32.0M | 45 m² | 65 |
| 1DK | ¥25.0M | 25 m² | 44 |
| 2DK | ¥23.5M | 45 m² | 28 |
| 1R | ¥6.4M | 15 m² | 15 |
| 4LDK | ¥46.5M | 80 m² | 14 |
How much does an apartment cost in Kanagawa Ward, Yokohama City?
The median used condo (mansion) in Kanagawa Ward, Yokohama City sold for ¥27.0M in 2025, about ¥800k/m², based on 377 recorded sales.
How much does a house cost in Kanagawa Ward, Yokohama City?
The median house sale, including the land, was ¥55.0M in 2025 across 226 sales.
Are property prices in Kanagawa Ward, Yokohama City going up?
Over the five years to 2025, condo prices per m² changed +33.3% and residential land prices changed +29.6%.
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.