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

Kawasaki Ward (Kawasaki) Housing Market 2025: Rising Fast Around Kawasaki Station

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

Key figures for 2025

Median used condo price
¥29.0M
¥933k/m² · +16.7% vs 2024
Median house price (land + building)
¥55.0M
Residential land per m² (sales)
¥470k/m²
+32.4% over 5 years
Transactions in 2025
654
#3 of 51 areas in Kanagawa by price per m²

A big jump relative to Kanagawa

Condos in Kawasaki Ward cost about ¥0.93M per m² in 2025, up from ¥0.42M in 2015. Prices per m² have risen about 8% a year for ten years. The ward is now about 1.5 times the Kanagawa average, up from 1.1 times ten years ago. The median condo sold for about ¥29M.

Kawasaki Station dominates

More than 1,000 of the ward's recorded condo sales are near Kawasaki Station, about ¥0.85M per m². Many are in large towers 10–15 minutes from the station, which is why condos farther from a station here cost more per m² than those near one. Kawasakidaishi and Daishibashi in the east are about 30% cheaper.

Studios and families

Half of condo sales are studios (20 m² 1K at about ¥22M). 3LDKs at about ¥41M are the second most traded. In 2025 about 1,700 more people moved in from the rest of Japan than left.

Yields and risks

A median condo costs about 34 years of median rent, close to the Kanagawa average. Every benchmark site is in the worst-case flood zone and almost all (94%) in a tsunami zone, because the ward is on low land at the mouth of the Tama river. Earthquake probability is about 68% for 6-lower in 30 years.

Renewal

Three Urgent Urban Renewal Areas are in the ward: Kawasaki Station, Hama-Kawasaki Station, and Haneda South–Tonomachi–Daishigawara, across the river from Haneda Airport.

Living in Kawasaki Ward, Kawasaki City: people, homes and risks

Population 2025
233,568
+0.3% since 2020
Kanagawa: -0.5%
Net moves in 2025
+1,729
+7.4 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
9.9%
2.6% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥72k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
68.4%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥332k/m²
+4.6% in a year · +16.7% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
100.0%
of 35 benchmark sites in a worst-case flood zone (2.9% 3 m or deeper)
Kanagawa: 25.9%
Tsunami exposure
94.3%
of 35 benchmark sites in a tsunami inundation zone
Kanagawa: 10.5%
Landslide exposure
0.0%
of 35 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.

  • Haneda Airport South, Kawasaki Tonomachi and Daishigawara · 339 ha · designated 2002 · Specified zone (highest priority)
  • Hama-Kawasaki Station area · 104 ha · designated 2002
  • Kawasaki Station area · 66 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 Kawasaki Ward, Kawasaki 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

¥22.0M

¥489k/m²

  • Kaizuka
  • Kawasaki · 10 min walk
  • 1LDK · 45 m²
  • Built 1986 (40 yrs) · RC
Typical2026 Q2

¥29.0M

¥223k/m²

  • Kokandori
  • Kawasaki
  • Open floor · 130 m²
  • Built 1991 (35 yrs) · RC
Higher-priced2026 Q1

¥41.0M

¥547k/m²

  • Kannon
  • Kawasakidaishi · 13 min walk
  • 3LDK · 75 m²
  • Built 2004 (22 yrs) · RC

House

Lower-priced2026 Q1

¥40.0M

¥471k/m²

  • Yotsuyakamicho
  • Kawasaki
  • Land 50 m² · floor 85 m²
  • Built 2014 (12 yrs) · Wood
Typical2026 Q1

¥55.0M

¥524k/m²

  • Ikegamishincho
  • Kawasaki
  • Land 70 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥100M

¥571k/m²

  • Hamacho
  • Kawasaki
  • Land 105 m² · floor 175 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 25% 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.
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥16.0M¥38.0M
2006¥16.0M¥38.0M
2007¥19.0M¥39.0M
2008¥21.5M¥41.5M
2009¥22.0M¥38.0M
2010¥20.0M¥39.0M
2011¥19.0M¥38.0M
2012¥22.0M¥33.0M
2013¥20.0M¥34.0M
2014¥22.0M¥37.0M
2015¥19.0M¥37.0M
2016¥22.0M¥42.0M
2017¥24.0M¥40.0M
2018¥25.0M¥40.0M
2019¥24.0M¥41.0M
2020¥24.0M¥42.0M
2021¥25.0M¥44.5M
2022¥25.0M¥47.5M
2023¥25.0M¥44.0M
2024¥26.0M¥48.0M
2025¥29.0M¥55.0M
2026 (partial)¥29.0M¥50.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 44% 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. That gap has widened over the decade as condo prices pulled ahead.
¥0¥500k¥1.0M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥338k/m²¥356k/m²¥310k/m²
2006¥333k/m²¥370k/m²¥300k/m²
2007¥400k/m²¥389k/m²¥330k/m²
2008¥445k/m²¥400k/m²¥290k/m²
2009¥406k/m²¥366k/m²¥295k/m²
2010¥420k/m²¥400k/m²¥270k/m²
2011¥417k/m²¥367k/m²¥270k/m²
2012¥379k/m²¥347k/m²¥250k/m²
2013¥370k/m²¥333k/m²¥250k/m²
2014¥400k/m²¥359k/m²¥250k/m²
2015¥420k/m²¥384k/m²¥260k/m²
2016¥529k/m²¥400k/m²¥300k/m²
2017¥523k/m²¥425k/m²¥320k/m²
2018¥527k/m²¥419k/m²¥380k/m²
2019¥560k/m²¥419k/m²¥300k/m²
2020¥617k/m²¥439k/m²¥355k/m²
2021¥660k/m²¥442k/m²¥360k/m²
2022¥736k/m²¥476k/m²¥420k/m²
2023¥682k/m²¥442k/m²¥370k/m²
2024¥800k/m²¥458k/m²¥385k/m²
2025¥933k/m²¥508k/m²¥470k/m²
2026 (partial)¥807k/m²¥525k/m²¥480k/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 31. Prices keep falling by roughly 1.7% 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 18 years — House prices per m² drop about 28% from new by age 18, 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¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.4M/m²¥533k/m²
1¥1.3M/m²¥536k/m²
2¥1.2M/m²–
3¥1.0M/m²–
4¥980k/m²–
5¥1.1M/m²–
6¥1.1M/m²¥568k/m²
7¥1.1M/m²¥444k/m²
8¥1.0M/m²¥495k/m²
9¥1.1M/m²–
10¥900k/m²–
11¥950k/m²–
12¥847k/m²–
13¥933k/m²–
14¥764k/m²–
15¥800k/m²–
16¥707k/m²–
17¥671k/m²–
18¥783k/m²¥387k/m²
19¥600k/m²–
20¥573k/m²–
21¥555k/m²–
22¥547k/m²–
23¥541k/m²–
24¥560k/m²–
25¥600k/m²–
26¥546k/m²–
27¥563k/m²¥445k/m²
28¥620k/m²–
29¥550k/m²–
30¥622k/m²–
31¥507k/m²–
32¥460k/m²¥346k/m²
33¥494k/m²¥347k/m²
34¥467k/m²¥341k/m²
35¥460k/m²¥297k/m²
36¥440k/m²¥361k/m²
37¥507k/m²¥272k/m²
38¥513k/m²–
39¥497k/m²–
40¥380k/m²–
41¥434k/m²–
42¥433k/m²¥333k/m²
43¥433k/m²–
44¥496k/m²¥287k/m²
45¥460k/m²–
47–¥325k/m²
50¥400k/m²¥289k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M¥1.5M20052008201120142017202020232026

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
2005–¥338k/m²––
2006–¥333k/m²––
2007–¥364k/m²¥557k/m²–
2008–¥367k/m²¥617k/m²–
2009–¥350k/m²¥503k/m²–
2010–¥360k/m²¥516k/m²–
2011–¥354k/m²¥557k/m²–
2012–¥329k/m²¥485k/m²–
2013–¥333k/m²¥459k/m²–
2014–¥379k/m²¥441k/m²–
2015¥264k/m²¥400k/m²¥453k/m²¥636k/m²
2016–¥438k/m²¥500k/m²¥1.1M/m²
2017–¥440k/m²¥492k/m²¥1.1M/m²
2018–¥427k/m²¥538k/m²¥850k/m²
2019–¥431k/m²¥640k/m²¥900k/m²
2020–¥440k/m²¥636k/m²¥960k/m²
2021–¥500k/m²¥673k/m²¥1.0M/m²
2022–¥478k/m²¥692k/m²¥1.0M/m²
2023¥409k/m²¥508k/m²¥692k/m²¥950k/m²
2024–¥517k/m²¥676k/m²¥986k/m²
2025–¥541k/m²¥727k/m²¥1.1M/m²
2026 (partial)–¥540k/m²¥807k/m²¥1.1M/m²
House price per m² by construction period
¥0¥200k¥400k¥600k20052007200920112013201520172019202120232025

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
2005–¥254k/m²¥400k/m²–
2006¥309k/m²¥295k/m²¥420k/m²–
2007–¥357k/m²¥422k/m²–
2008–¥291k/m²¥450k/m²–
2009–¥256k/m²¥413k/m²–
2010–¥300k/m²¥429k/m²–
2011–¥311k/m²–¥400k/m²
2012–¥305k/m²–¥375k/m²
2013–¥257k/m²–¥367k/m²
2014–¥256k/m²–¥400k/m²
2015–¥240k/m²–¥429k/m²
2016–¥266k/m²–¥460k/m²
2017–¥257k/m²–¥472k/m²
2018–¥283k/m²–¥453k/m²
2019–¥310k/m²–¥474k/m²
2020–¥270k/m²–¥467k/m²
2021–¥343k/m²––
2022–¥259k/m²––
2023¥291k/m²¥330k/m²––
2024–¥346k/m²–¥454k/m²
2025–¥367k/m²–¥583k/m²

Prices near train stations in Kawasaki Ward, Kawasaki City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Kawasaki (川崎)¥27.0M¥850k/m²¥47.0M131042
Hatchonawate (八丁畷)¥21.0M¥836k/m²¥53.0M6167
Kawasakidaishi (川崎大師)¥24.0M¥584k/m²¥44.0M6154
Keikyu Kawasaki (京急川崎)¥25.0M¥1.0M/m²–8103
Higashimonzen (東門前)¥39.0M¥675k/m²¥54.5M681
Suzukicho (鈴木町)¥44.5M¥769k/m²–553
Minatocho (港町)¥64.0M¥886k/m²–343
Daishibashi (大師橋)¥45.0M¥588k/m²¥91.5M639
Kojimashinden (小島新田)––¥75.5M423
Odasakae (小田栄)¥26.5M¥451k/m²–820

Used condo prices by layout in Kawasaki Ward, Kawasaki City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥22.0M20 m²495
3LDK¥41.0M65 m²311
2LDK¥39.0M55 m²104
4LDK¥47.0M80 m²37
1LDK¥24.0M35 m²32
1DK¥29.0M25 m²28
2DK¥28.0M45 m²26
1R¥11.0M15 m²19

How much does an apartment cost in Kawasaki Ward, Kawasaki City?

The median used condo (mansion) in Kawasaki Ward, Kawasaki City sold for ¥29.0M in 2025, about ¥933k/m², based on 406 recorded sales.

How much does a house cost in Kawasaki Ward, Kawasaki City?

The median house sale, including the land, was ¥55.0M in 2025 across 191 sales.

Are property prices in Kawasaki Ward, Kawasaki City going up?

Over the five years to 2025, condo prices per m² changed +51.4% and residential land prices changed +32.4%.

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.