Nakahara Ward (Kawasaki) Housing Market 2025: Musashi-Kosugi's Tower Market
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥32.0M
- ¥1.0M/m² · +4.6% vs 2024
- Median house price (land + building)
- ¥64.0M
- Residential land per m² (sales)
- ¥650k/m²
- +20.4% over 5 years
- Transactions in 2025
- 572
- #2 of 51 areas in Kanagawa by price per m²
Kanagawa's tower town
Nakahara Ward is home to Musashi-Kosugi, where more than a dozen tower condos have gone up since the 2000s. Condos cost about ¥1.0M per m² in 2025, the highest of Kawasaki's 7 wards and about 1.8 times the Kanagawa average. Musashi-Kosugi itself sells at about ¥1.2M per m².
Prices accelerating again
After a flat period in the late 2010s, prices per m² rose about 7% a year over the past five years. The median condo price (about ¥32M) is lower than in 2015 (¥38M), because more small flats now sell. The 20 m² 1K at about ¥24M is the most traded home, though a third of sales are family-sized.
Stations
Motosumiyoshi and Shin-Maruko sell at about ¥1.0M per m². Musashi-Nakahara, Hirama and Musashi-Shinjo are about a quarter cheaper. Condos within 5 minutes of a station sell for about 15% more per m² than those 11–15 minutes away.
Popular, highest rents
Population grew 2.3% between 2020 and 2025, and Nakahara has the highest median rent of Kawasaki's wards. A median condo costs about 32 years of median rent, better than the Kanagawa average.
Flood risk
Almost every benchmark site in Nakahara (97%) is in the worst-case flood zone of the Tama river, though none at 3 m or deeper. In 2019, Typhoon Hagibis flooded the basements of some Musashi-Kosugi towers. Earthquake probability is high (about 69% for 6-lower in 30 years), the second highest in Kawasaki.
Living in Nakahara Ward, Kawasaki City: people, homes and risks
- Population 2025
- 269,779
- +2.3% since 2020
- Kanagawa: -0.5%
- Net moves in 2025
- +1,085
- +4.02 per 1,000 residents
- Kanagawa: +3.05
- Vacant homes (2023)
- 8.3%
- 1.7% empty and not for rent or sale
- Kanagawa: 9.8%
- Median rent (2023)
- ¥84k
- per month, all rented homes
- Kanagawa: ¥70k
- Strong earthquake risk
- 69.2%
- chance of shaking of intensity 6-lower or more within 30 years
- Kanagawa: 56.2%
- Official land price 2026
- ¥445k/m²
- +4.5% in a year · +18.9% in 5 years
- Kanagawa: ¥198k/m²
- Flood exposure
- 97.1%
- of 34 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
- Kanagawa: 25.9%
- Landslide exposure
- 0.0%
- of 34 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 Nakahara 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
¥21.0M
¥1.1M/m²
- Imainishimachi
- Musashi Kosugi · 13 min walk
- 1K · 20 m²
- Built 2007 (19 yrs) · RC
¥34.0M
¥1.7M/m²
- Kosugimachi
- Shin Maruko · 4 min walk
- 1K · 20 m²
- Built 2025 (1 yrs) · RC
¥72.0M
¥1.0M/m²
- Shimmarukohigashi
- Musashi Kosugi · 4 min walk
- 3LDK · 70 m²
- Built 1989 (37 yrs) · SRC
House
¥52.0M
¥547k/m²
- Miyauchi
- Musashi Nakahara · 21 min walk
- Land 65 m² · floor 95 m²
- Built 2026 (0 yrs) · Wood
¥66.0M
¥574k/m²
- Ida
- Motosumiyoshi · 15 min walk
- Land 95 m² · floor 115 m²
- Built 2026 (0 yrs) · Wood
¥150M
¥1.2M/m²
- Miyauchi
- Musashi Kosugi · 13 min walk
- Land 280 m² · floor 125 m²
- Built 1995 (30 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2005 | ¥24.0M | ¥43.0M |
| 2006 | ¥32.0M | ¥47.0M |
| 2007 | ¥25.0M | ¥53.5M |
| 2008 | ¥32.0M | ¥50.0M |
| 2009 | ¥33.0M | ¥42.0M |
| 2010 | ¥28.0M | ¥45.0M |
| 2011 | ¥30.0M | ¥44.0M |
| 2012 | ¥32.0M | ¥45.0M |
| 2013 | ¥38.0M | ¥46.0M |
| 2014 | ¥40.0M | ¥48.0M |
| 2015 | ¥38.0M | ¥50.0M |
| 2016 | ¥36.0M | ¥49.0M |
| 2017 | ¥37.0M | ¥50.0M |
| 2018 | ¥37.0M | ¥52.0M |
| 2019 | ¥40.0M | ¥53.0M |
| 2020 | ¥37.0M | ¥50.0M |
| 2021 | ¥40.0M | ¥55.0M |
| 2022 | ¥33.0M | ¥58.0M |
| 2023 | ¥36.0M | ¥62.5M |
| 2024 | ¥33.0M | ¥65.5M |
| 2025 | ¥32.0M | ¥64.0M |
| 2026 (partial) | ¥44.0M | ¥65.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2005 | ¥448k/m² | ¥446k/m² | ¥330k/m² |
| 2006 | ¥520k/m² | ¥436k/m² | ¥350k/m² |
| 2007 | ¥550k/m² | ¥484k/m² | ¥390k/m² |
| 2008 | ¥547k/m² | ¥465k/m² | ¥430k/m² |
| 2009 | ¥538k/m² | ¥435k/m² | ¥360k/m² |
| 2010 | ¥557k/m² | ¥463k/m² | ¥355k/m² |
| 2011 | ¥547k/m² | ¥471k/m² | ¥420k/m² |
| 2012 | ¥538k/m² | ¥452k/m² | ¥365k/m² |
| 2013 | ¥618k/m² | ¥472k/m² | ¥395k/m² |
| 2014 | ¥671k/m² | ¥467k/m² | ¥390k/m² |
| 2015 | ¥692k/m² | ¥500k/m² | ¥465k/m² |
| 2016 | ¥714k/m² | ¥500k/m² | ¥530k/m² |
| 2017 | ¥723k/m² | ¥513k/m² | ¥550k/m² |
| 2018 | ¥743k/m² | ¥511k/m² | ¥540k/m² |
| 2019 | ¥718k/m² | ¥532k/m² | ¥500k/m² |
| 2020 | ¥733k/m² | ¥529k/m² | ¥540k/m² |
| 2021 | ¥814k/m² | ¥550k/m² | ¥610k/m² |
| 2022 | ¥900k/m² | ¥605k/m² | ¥540k/m² |
| 2023 | ¥904k/m² | ¥614k/m² | ¥660k/m² |
| 2024 | ¥1.0M/m² | ¥609k/m² | ¥710k/m² |
| 2025 | ¥1.0M/m² | ¥643k/m² | ¥650k/m² |
| 2026 (partial) | ¥1.0M/m² | ¥629k/m² | ¥790k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥1.3M/m² | ¥650k/m² |
| 1 | ¥1.2M/m² | ¥694k/m² |
| 2 | ¥1.2M/m² | – |
| 3 | ¥1.3M/m² | – |
| 4 | ¥1.3M/m² | – |
| 5 | ¥1.1M/m² | – |
| 6 | ¥1.2M/m² | – |
| 7 | ¥1.2M/m² | – |
| 8 | ¥1.2M/m² | – |
| 9 | ¥1.3M/m² | – |
| 10 | ¥1.0M/m² | – |
| 11 | ¥1.1M/m² | – |
| 12 | ¥1.1M/m² | – |
| 13 | ¥1.0M/m² | – |
| 14 | ¥1.0M/m² | – |
| 15 | ¥950k/m² | – |
| 16 | ¥943k/m² | – |
| 17 | ¥933k/m² | – |
| 18 | ¥934k/m² | – |
| 19 | ¥900k/m² | – |
| 20 | ¥893k/m² | – |
| 21 | ¥704k/m² | – |
| 22 | ¥735k/m² | – |
| 23 | ¥750k/m² | – |
| 24 | ¥723k/m² | – |
| 25 | ¥725k/m² | – |
| 26 | ¥750k/m² | – |
| 27 | ¥862k/m² | – |
| 28 | ¥800k/m² | – |
| 29 | ¥832k/m² | – |
| 30 | ¥734k/m² | ¥543k/m² |
| 31 | ¥583k/m² | ¥369k/m² |
| 32 | ¥577k/m² | – |
| 33 | ¥507k/m² | ¥427k/m² |
| 34 | ¥620k/m² | ¥440k/m² |
| 35 | ¥613k/m² | – |
| 36 | ¥588k/m² | ¥569k/m² |
| 37 | ¥550k/m² | – |
| 38 | ¥604k/m² | ¥453k/m² |
| 39 | ¥550k/m² | – |
| 41 | ¥527k/m² | – |
| 47 | ¥603k/m² | – |
| 50 | ¥444k/m² | ¥417k/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 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|
| 2005 | ¥454k/m² | – | – |
| 2006 | ¥520k/m² | ¥545k/m² | – |
| 2007 | ¥487k/m² | ¥733k/m² | – |
| 2008 | ¥509k/m² | ¥650k/m² | – |
| 2009 | ¥457k/m² | ¥600k/m² | – |
| 2010 | ¥493k/m² | ¥727k/m² | – |
| 2011 | ¥469k/m² | ¥662k/m² | – |
| 2012 | ¥448k/m² | ¥625k/m² | – |
| 2013 | ¥446k/m² | ¥672k/m² | ¥857k/m² |
| 2014 | ¥500k/m² | ¥733k/m² | ¥900k/m² |
| 2015 | ¥523k/m² | ¥754k/m² | ¥900k/m² |
| 2016 | ¥527k/m² | ¥787k/m² | ¥900k/m² |
| 2017 | ¥586k/m² | ¥750k/m² | ¥987k/m² |
| 2018 | ¥544k/m² | ¥771k/m² | ¥960k/m² |
| 2019 | ¥607k/m² | ¥765k/m² | ¥1.0M/m² |
| 2020 | ¥547k/m² | ¥782k/m² | ¥1.0M/m² |
| 2021 | ¥613k/m² | ¥829k/m² | ¥1.0M/m² |
| 2022 | ¥615k/m² | ¥943k/m² | ¥1.1M/m² |
| 2023 | ¥667k/m² | ¥946k/m² | ¥1.3M/m² |
| 2024 | ¥700k/m² | ¥986k/m² | ¥1.2M/m² |
| 2025 | ¥730k/m² | ¥1.1M/m² | ¥1.3M/m² |
| 2026 (partial) | ¥776k/m² | ¥1.1M/m² | ¥1.4M/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 | – | – | ¥471k/m² | – |
| 2006 | – | ¥389k/m² | ¥467k/m² | – |
| 2007 | – | ¥386k/m² | ¥536k/m² | – |
| 2008 | – | ¥355k/m² | ¥514k/m² | – |
| 2009 | – | ¥326k/m² | ¥463k/m² | – |
| 2010 | – | ¥355k/m² | ¥485k/m² | – |
| 2011 | – | ¥361k/m² | – | ¥482k/m² |
| 2012 | – | ¥311k/m² | – | ¥500k/m² |
| 2013 | – | ¥348k/m² | – | ¥495k/m² |
| 2014 | ¥318k/m² | ¥341k/m² | – | ¥500k/m² |
| 2015 | ¥286k/m² | ¥369k/m² | – | ¥536k/m² |
| 2016 | – | ¥375k/m² | – | ¥524k/m² |
| 2017 | – | ¥385k/m² | – | ¥540k/m² |
| 2018 | – | ¥392k/m² | – | ¥579k/m² |
| 2019 | – | ¥327k/m² | – | ¥568k/m² |
| 2020 | – | ¥338k/m² | – | ¥558k/m² |
| 2021 | – | ¥360k/m² | – | – |
| 2022 | – | ¥469k/m² | – | – |
| 2023 | – | ¥467k/m² | – | – |
| 2024 | – | ¥500k/m² | – | – |
| 2025 | – | ¥524k/m² | – | – |
Prices near train stations in Nakahara Ward, Kawasaki 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 |
|---|---|---|---|---|---|
| Musashi Kosugi (武蔵小杉) | ¥60.0M | ¥1.2M/m² | ¥99.0M | 7 | 362 |
| Motosumiyoshi (元住吉) | ¥32.0M | ¥1.0M/m² | ¥69.0M | 11 | 300 |
| Shin Maruko (新丸子) | ¥30.0M | ¥975k/m² | ¥75.0M | 5 | 253 |
| Musashi Nakahara (武蔵中原) | ¥32.5M | ¥765k/m² | ¥62.5M | 11 | 200 |
| Hirama (平間) | ¥27.0M | ¥775k/m² | ¥50.0M | 7 | 142 |
| Musashi Shinjo (武蔵新城) | ¥37.0M | ¥748k/m² | ¥61.0M | 7 | 109 |
| Mukaigawara (向河原) | ¥25.0M | ¥950k/m² | ¥64.0M | 7 | 69 |
| Kashimada (鹿島田) | ¥16.0M | ¥467k/m² | – | 11 | 20 |
| Hiyoshi(Kanagawa) (日吉(神奈川)) | – | – | ¥55.0M | 14 | 16 |
Used condo prices by layout in Nakahara Ward, Kawasaki City
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 1K | ¥24.0M | 20 m² | 354 |
| 3LDK | ¥60.0M | 70 m² | 299 |
| 2LDK | ¥58.0M | 55 m² | 146 |
| 1LDK | ¥42.0M | 40 m² | 56 |
| 1DK | ¥23.0M | 25 m² | 38 |
| 4LDK | ¥71.0M | 85 m² | 34 |
| 1R | ¥12.0M | 15 m² | 27 |
| 2DK | ¥27.0M | 45 m² | 24 |
How much does an apartment cost in Nakahara Ward, Kawasaki City?
The median used condo (mansion) in Nakahara Ward, Kawasaki City sold for ¥32.0M in 2025, about ¥1.0M/m², based on 371 recorded sales.
How much does a house cost in Nakahara Ward, Kawasaki City?
The median house sale, including the land, was ¥64.0M in 2025 across 144 sales.
Are property prices in Nakahara Ward, Kawasaki City going up?
Over the five years to 2025, condo prices per m² changed +42.7% and residential land prices changed +20.4%.
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.