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

Minami 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
¥333k/m²
Median house price (land + building)
¥42.0M
+7.3% vs 2024
Residential land per m² (sales)
¥200k/m²
+17.6% over 5 years
Transactions in 2025
582
#37 of 51 areas in Kanagawa by price per m²

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 1.8% 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 39% below the Kanagawa average. Ten years ago the gap was 26%, so Minami Ward, Sagamihara 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 58% 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

56% 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 11% 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 ¥10.0M and ¥37.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.1% between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 4.8 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 3.4% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

7.6% of homes were empty in 2023 (9.8% for the wider area), and 3.1% 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 27 years of the area's median rent (¥65k a month), compared with 34.7 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

High earthquake risk

The government's seismic model gives a 53% 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 +17% over five years. They are still 41% 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, 11% 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 Minami Ward, Sagamihara City: people, homes and risks

Population 2025
278,177
-1.1% since 2020
Kanagawa: -0.5%
Net moves in 2025
+1,347
+4.84 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
7.6%
3.1% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥65k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
52.5%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥230k/m²
+4.7% in a year · +17.4% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
10.9%
of 46 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
0.0%
of 46 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 Minami 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-priced2026 Q1

¥11.0M

¥169k/m²

  • Futaba
  • Odakyu Sagamihara · 22 min walk
  • 3LDK · 65 m²
  • Built 1998 (28 yrs) · RC
Typical2026 Q2

¥24.0M

¥343k/m²

  • Onodai
  • Kobuchi(Kanagawa) · 10 min walk
  • 3LDK · 70 m²
  • Built 1980 (46 yrs) · SRC
Higher-priced2025 Q4

¥44.0M

¥518k/m²

  • Minamidai
  • Odakyu Sagamihara · 1 min walk
  • 4LDK · 85 m²
  • Built 2007 (18 yrs) · RC

House

Lower-priced2026 Q2

¥26.0M

¥236k/m²

  • Sobudai
  • Sobudai Mae · 5 min walk
  • Land 110 m² · floor 110 m²
  • Built 1987 (39 yrs) · Wood
Typical2025 Q4

¥41.0M

¥432k/m²

  • Sonan
  • Hashimoto(Kanagawa)
  • Land 130 m² · floor 95 m²
  • Built 2023 (2 yrs) · Wood
Higher-priced2026 Q1

¥62.0M

¥653k/m²

  • Asahicho
  • Sagami Ono · 14 min walk
  • Land 105 m² · floor 95 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥12.0M¥35.0M
2008¥15.0M¥36.0M
2009¥14.0M¥32.0M
2010¥12.0M¥32.0M
2011¥15.0M¥31.0M
2012¥21.0M¥31.0M
2013¥20.5M¥31.0M
2014¥13.0M¥32.0M
2015¥16.5M¥32.0M
2016¥16.5M¥33.0M
2017¥14.0M¥37.0M
2018¥15.0M¥35.0M
2019¥16.0M¥33.0M
2020¥18.0M¥31.0M
2021¥20.0M¥37.0M
2022¥22.0M¥38.0M
2023¥17.0M¥39.0M
2024¥20.0M¥40.0M
2025¥21.0M¥42.0M
2026 (partial)¥22.0M¥40.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 13% more than a condo here, which usually means land is scarce and houses are a premium product.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥194k/m²¥314k/m²¥190k/m²
2008¥275k/m²¥350k/m²¥200k/m²
2009¥231k/m²¥311k/m²¥190k/m²
2010¥200k/m²¥316k/m²¥180k/m²
2011¥260k/m²¥319k/m²¥190k/m²
2012¥345k/m²¥311k/m²¥180k/m²
2013¥341k/m²¥311k/m²¥170k/m²
2014¥262k/m²¥305k/m²¥170k/m²
2015¥287k/m²¥282k/m²¥165k/m²
2016¥293k/m²¥325k/m²¥190k/m²
2017¥231k/m²¥351k/m²¥190k/m²
2018¥267k/m²¥316k/m²¥170k/m²
2019¥311k/m²¥325k/m²¥180k/m²
2020¥311k/m²¥325k/m²¥170k/m²
2021¥329k/m²¥352k/m²¥190k/m²
2022¥362k/m²¥372k/m²¥180k/m²
2023¥380k/m²¥373k/m²¥190k/m²
2024¥348k/m²¥373k/m²¥200k/m²
2025¥333k/m²¥400k/m²¥200k/m²
2026 (partial)¥343k/m²¥341k/m²¥190k/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 30. Prices keep falling by roughly 5.2% 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 27 years — House prices per m² drop about 47% from new by age 27, 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–¥447k/m²
1–¥411k/m²
4¥776k/m²¥422k/m²
6¥654k/m²–
8¥683k/m²–
10¥746k/m²–
11–¥351k/m²
12¥652k/m²–
13¥683k/m²¥297k/m²
14¥513k/m²–
15¥600k/m²¥352k/m²
16¥573k/m²¥305k/m²
17¥538k/m²¥400k/m²
18¥518k/m²¥333k/m²
19¥529k/m²–
20¥533k/m²¥300k/m²
21¥507k/m²¥274k/m²
22–¥270k/m²
23¥483k/m²¥250k/m²
24¥505k/m²¥283k/m²
25¥471k/m²¥309k/m²
26¥487k/m²¥277k/m²
27¥423k/m²¥209k/m²
28¥421k/m²¥222k/m²
29¥400k/m²¥238k/m²
30¥291k/m²¥247k/m²
31¥318k/m²¥238k/m²
32¥367k/m²¥200k/m²
33¥343k/m²¥255k/m²
34¥283k/m²¥215k/m²
35¥300k/m²¥231k/m²
36¥323k/m²¥267k/m²
37¥480k/m²¥212k/m²
38¥327k/m²¥238k/m²
39–¥211k/m²
40–¥253k/m²
41¥286k/m²¥233k/m²
42¥202k/m²¥229k/m²
43¥215k/m²¥146k/m²
44¥183k/m²¥240k/m²
45¥280k/m²¥212k/m²
46–¥168k/m²
47–¥238k/m²
48–¥253k/m²
49¥240k/m²¥244k/m²
50¥121k/m²¥234k/m²
Condo price per m² by construction periodNewer buildings are pulling ahead — Buildings from the 2000s gained about 2.8% a year over the decade, versus 1.7% for pre-1981 stock. The market here clearly rewards newer construction. Pre-1981 buildings, built before the current earthquake standard, trade about 34% below 1980s–90s buildings.
¥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–¥253k/m²––
2008¥169k/m²¥267k/m²¥446k/m²–
2009¥150k/m²¥217k/m²¥385k/m²–
2010¥172k/m²¥250k/m²¥517k/m²–
2011–¥277k/m²¥438k/m²¥718k/m²
2012¥131k/m²¥300k/m²¥443k/m²¥586k/m²
2013¥185k/m²¥300k/m²¥430k/m²¥686k/m²
2014¥157k/m²¥273k/m²¥497k/m²–
2015¥179k/m²¥297k/m²¥462k/m²–
2016–¥324k/m²¥471k/m²–
2017¥200k/m²¥270k/m²¥508k/m²–
2018¥233k/m²¥317k/m²¥443k/m²–
2019¥175k/m²¥338k/m²¥500k/m²–
2020¥180k/m²¥338k/m²¥477k/m²¥552k/m²
2021¥240k/m²¥328k/m²¥500k/m²–
2022¥216k/m²¥357k/m²¥527k/m²¥662k/m²
2023¥222k/m²¥447k/m²¥562k/m²–
2024¥145k/m²¥418k/m²¥636k/m²–
2025¥251k/m²¥383k/m²¥624k/m²–
2026 (partial)–¥374k/m²––
House price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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¥249k/m²¥263k/m²¥384k/m²–
2008–¥245k/m²¥412k/m²–
2009¥230k/m²¥223k/m²¥351k/m²–
2010–¥210k/m²¥387k/m²–
2011¥217k/m²¥223k/m²¥381k/m²¥343k/m²
2012¥227k/m²¥240k/m²–¥350k/m²
2013¥200k/m²¥211k/m²¥297k/m²¥356k/m²
2014¥225k/m²¥188k/m²¥295k/m²¥389k/m²
2015¥210k/m²¥200k/m²¥263k/m²¥378k/m²
2016¥230k/m²¥199k/m²¥303k/m²¥400k/m²
2017¥217k/m²¥220k/m²¥279k/m²¥414k/m²
2018–¥220k/m²¥280k/m²¥388k/m²
2019–¥237k/m²¥333k/m²¥371k/m²
2020¥186k/m²¥225k/m²¥282k/m²¥350k/m²
2021¥188k/m²¥210k/m²¥303k/m²¥389k/m²
2022¥193k/m²¥244k/m²––
2023–¥233k/m²¥309k/m²–
2024¥270k/m²¥278k/m²¥296k/m²¥400k/m²
2025–¥235k/m²¥327k/m²–
2026 (partial)–¥235k/m²––

Prices near train stations in Minami 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
Sagami Ono (相模大野)¥38.0M¥582k/m²¥45.0M13353
Odakyu Sagamihara (小田急相模原)¥12.0M¥240k/m²¥39.0M14328
Higashi Rinkan (東林間)¥19.0M¥314k/m²¥47.0M10207
Kobuchi(Kanagawa) (古淵)¥22.0M¥367k/m²¥42.0M14153
Machida (町田)¥26.0M¥480k/m²¥45.0M11139
Sobudai Mae (相武台前)¥6.2M¥108k/m²¥45.0M18101
Harataima (原当麻)––¥33.0M1163
Sobudaishita (相武台下)––¥27.0M1347
Shimomizo (下溝)––¥26.0M1538

Used condo prices by layout in Minami Ward, Sagamihara City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥28.0M65 m²266
2LDK¥15.0M55 m²150
1K¥6.1M15 m²48
3DK¥3.5M50 m²27
2DK¥6.5M50 m²25
4LDK¥38.0M80 m²23
1LDK¥18.5M50 m²14

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

The median used condo (mansion) in Minami Ward, Sagamihara City sold for ¥21.0M in 2025, about ¥333k/m², based on 203 recorded sales.

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

The median house sale, including the land, was ¥42.0M in 2025 across 263 sales.

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

Over the five years to 2025, condo prices per m² changed +7.1% and residential land prices changed +17.6%.

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.