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

Midori 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
¥28.0M
¥455k/m²
Median house price (land + building)
¥53.0M
Residential land per m² (sales)
¥240k/m²
+26.3% over 5 years
Transactions in 2025
334
#20 of 51 areas in Kanagawa by price per m²

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 3.1% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Lagging Kanagawa

Per m², condos here are 30% below the Kanagawa average. Ten years ago the gap was 17%, so Midori Ward, Yokohama City has been falling behind the rest of Kanagawa.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 72% 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

60% 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 ¥14.0M and ¥40.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.2% between 2020 and 2025 (−0.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.4% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.1% of homes were empty in 2023 (9.8% for the wider area), and 1.2% 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 33.4 years of the area's median rent (¥70k 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 25% 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 +3% in the year to January 2026 and +10% 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, 17% are inside the worst-case flood 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.

Living in Midori Ward, Yokohama City: people, homes and risks

Population 2025
180,957
-1.2% since 2020
Kanagawa: -0.5%
Net moves in 2025
+235
+1.3 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
8.1%
1.2% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥70k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
25.3%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥233k/m²
+2.8% in a year · +10.2% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
16.7%
of 30 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
0.0%
of 30 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 Midori 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

Lower-priced2026 Q1

¥8.0M

¥145k/m²

  • Takeyama
  • Kamoi · 25 min walk
  • 2LDK · 55 m²
  • Built 1971 (55 yrs) · RC
Typical2026 Q1

¥27.0M

¥338k/m²

  • Takeyama
  • Kamoi
  • 3LDK · 80 m²
  • Built 1992 (34 yrs) · RC
Higher-priced2026 Q1

¥40.0M

¥615k/m²

  • Tookaichibacho
  • Tokaichiba(Kanagawa) · 9 min walk
  • 3LDK · 65 m²
  • Built 1996 (30 yrs) · RC

House

Lower-priced2026 Q2

¥42.0M

¥525k/m²

  • Tookaichibacho
  • Tokaichiba(Kanagawa) · 7 min walk
  • Land 55 m² · floor 80 m²
  • Built 2016 (10 yrs) · Wood
Typical2026 Q1

¥53.0M

¥530k/m²

  • Aotocho
  • Nakayama(Kanagawa) · 15 min walk
  • Land 150 m² · floor 100 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥63.0M

¥630k/m²

  • Nagatsuta
  • Nagatsuta · 10 min walk
  • Land 100 m² · floor 100 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median condo price rose 40% between 2023 and 2025. Prices per m² rose 25%, so most of it is a real increase, with the rest coming from larger homes selling. With only 139 condo sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥11.0M¥44.0M
2006¥12.0M¥43.0M
2007¥17.0M¥51.0M
2008¥18.5M¥45.0M
2009¥22.0M¥41.0M
2010¥20.0M¥42.0M
2011¥19.0M¥44.0M
2012¥18.0M¥40.0M
2013¥21.0M¥38.0M
2014¥22.0M¥40.5M
2015¥17.0M¥41.5M
2016¥18.0M¥40.0M
2017¥22.0M¥43.0M
2018¥22.0M¥44.0M
2019¥19.0M¥43.0M
2020¥20.0M¥41.0M
2021¥18.0M¥43.0M
2022¥22.0M¥45.5M
2023¥20.0M¥48.5M
2024¥20.5M¥48.0M
2025¥28.0M¥53.0M
2026 (partial)¥28.0M¥50.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 22% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has widened over the decade as condo prices pulled ahead.
¥0¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥200k/m²¥432k/m²¥160k/m²
2006¥217k/m²¥420k/m²¥190k/m²
2007¥283k/m²¥470k/m²¥210k/m²
2008¥276k/m²¥437k/m²¥210k/m²
2009¥315k/m²¥421k/m²¥210k/m²
2010¥309k/m²¥411k/m²¥200k/m²
2011¥309k/m²¥432k/m²¥180k/m²
2012¥278k/m²¥400k/m²¥170k/m²
2013¥300k/m²¥367k/m²¥190k/m²
2014¥338k/m²¥424k/m²¥200k/m²
2015¥273k/m²¥400k/m²¥170k/m²
2016¥289k/m²¥400k/m²¥145k/m²
2017¥350k/m²¥400k/m²¥185k/m²
2018¥350k/m²¥438k/m²¥170k/m²
2019¥308k/m²¥403k/m²¥205k/m²
2020¥369k/m²¥424k/m²¥190k/m²
2021¥307k/m²¥440k/m²¥200k/m²
2022¥387k/m²¥410k/m²¥195k/m²
2023¥364k/m²¥474k/m²¥215k/m²
2024¥333k/m²¥474k/m²¥220k/m²
2025¥455k/m²¥488k/m²¥240k/m²
2026 (partial)¥492k/m²¥530k/m²¥240k/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 26 years old and half by around 33. Prices keep falling by roughly 3.8% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥526k/m²
1–¥505k/m²
3¥657k/m²–
18¥567k/m²¥411k/m²
19¥515k/m²–
20¥491k/m²–
21¥520k/m²–
22¥571k/m²–
23¥517k/m²¥322k/m²
24¥510k/m²–
25¥467k/m²¥393k/m²
26¥444k/m²–
27¥508k/m²–
28¥467k/m²–
29¥538k/m²–
30¥480k/m²–
31–¥309k/m²
32¥338k/m²–
33¥267k/m²–
34–¥250k/m²
35¥317k/m²–
36¥271k/m²¥314k/m²
37¥273k/m²–
38¥383k/m²–
39¥283k/m²–
40¥284k/m²–
41¥255k/m²–
42¥295k/m²–
44¥260k/m²–
50¥163k/m²¥316k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k20052008201120142017202020232026

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¥157k/m²¥260k/m²––
2006¥136k/m²¥300k/m²––
2007¥151k/m²¥292k/m²¥569k/m²–
2008¥145k/m²¥345k/m²¥476k/m²–
2009–¥314k/m²¥486k/m²–
2010¥145k/m²¥340k/m²¥457k/m²–
2011¥172k/m²¥320k/m²¥480k/m²–
2012¥132k/m²¥300k/m²¥421k/m²–
2013¥165k/m²¥293k/m²¥400k/m²–
2014–¥315k/m²¥429k/m²–
2015¥145k/m²¥312k/m²¥414k/m²–
2016¥180k/m²¥305k/m²¥508k/m²–
2017–¥318k/m²––
2018–¥346k/m²¥486k/m²–
2019¥178k/m²¥267k/m²¥422k/m²¥672k/m²
2020¥160k/m²¥313k/m²¥486k/m²–
2021¥173k/m²¥357k/m²––
2022¥214k/m²¥417k/m²¥563k/m²–
2023¥191k/m²¥381k/m²––
2024¥182k/m²¥380k/m²¥508k/m²–
2025¥173k/m²¥429k/m²¥560k/m²–
2026 (partial)–¥492k/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––¥442k/m²–
2006¥318k/m²¥330k/m²¥465k/m²–
2007¥387k/m²¥379k/m²¥500k/m²–
2008–¥343k/m²¥467k/m²–
2009–¥286k/m²¥450k/m²–
2010–¥309k/m²¥442k/m²–
2011–¥273k/m²–¥490k/m²
2012–¥304k/m²–¥430k/m²
2013–¥274k/m²–¥389k/m²
2014–¥284k/m²–¥440k/m²
2015–¥293k/m²–¥440k/m²
2016–¥313k/m²–¥433k/m²
2017–¥284k/m²–¥450k/m²
2018–¥288k/m²–¥460k/m²
2019–¥260k/m²–¥467k/m²
2020–¥254k/m²–¥450k/m²
2021–¥280k/m²–¥442k/m²
2022–¥316k/m²––
2023–¥284k/m²––
2024–¥338k/m²––
2025–¥317k/m²––

Prices near train stations in Midori Ward, Yokohama City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Kamoi (鴨居)¥16.0M¥291k/m²¥45.0M15245
Nakayama(Kanagawa) (中山(神奈川))¥28.0M¥425k/m²¥48.0M15240
Nagatsuta (長津田)¥37.5M¥514k/m²¥58.0M10165
Tokaichiba(Kanagawa) (十日市場(神奈川))¥23.0M¥412k/m²¥49.0M14141
Tana (田奈)¥13.5M¥236k/m²–1010

Used condo prices by layout in Midori Ward, Yokohama City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥34.0M65 m²186
2LDK¥14.0M55 m²106
4LDK¥40.0M85 m²26
2DK¥10.0M55 m²17
3DK¥5.3M55 m²15
1LDK¥26.0M35 m²13

How much does an apartment cost in Midori Ward, Yokohama City?

The median used condo (mansion) in Midori Ward, Yokohama City sold for ¥28.0M in 2025, about ¥455k/m², based on 139 recorded sales.

How much does a house cost in Midori Ward, Yokohama City?

The median house sale, including the land, was ¥53.0M in 2025 across 138 sales.

Are property prices in Midori Ward, Yokohama City going up?

Over the five years to 2025, condo prices per m² changed +23.1% and residential land prices changed +26.3%.

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.