Minato Mirai, Yokohama, Kanagawa
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Seya 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
¥32.0M
¥387k/m²
Median house price (land + building)
¥41.0M
Residential land per m² (sales)
¥180k/m²
+20.0% over 5 years
Transactions in 2025
264
#24 of 51 areas in Kanagawa by price per m²

What the data says

Price growth is speeding up

House values per m² have risen about 5.3% a year over the past five years, faster than the 0.1% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Outperforming Kanagawa

Per m², houses here are 7% above the Kanagawa average. The premium has grown from 1% ten years ago, so Seya 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 44% 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

71% 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.

What a typical purchase costs

Half of all house sales last year were between ¥30.0M and ¥50.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.8% between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 4 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 2.2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.7% of homes were empty in 2023 (9.8% for the wider area), and 2.1% 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.

High earthquake risk

The government's seismic model gives a 59% 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 +3% in the year to January 2026 and +12% over five years. They are still 42% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

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

Population 2025
120,408
-1.8% since 2020
Kanagawa: -0.5%
Net moves in 2025
+485
+4.03 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
8.7%
2.1% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥58k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
58.8%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥183k/m²
+3.3% in a year · +12.3% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
3.8%
of 26 benchmark sites in a worst-case flood zone (3.8% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
0.0%
of 26 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 Seya 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

¥21.0M

¥350k/m²

  • Akuwaminami
  • Mitsukyo
  • 3LDK · 60 m²
  • Built 1999 (27 yrs) · RC
Typical2025 Q3

¥35.0M

¥467k/m²

  • Hongo
  • Seya · 16 min walk
  • 3LDK · 75 m²
  • Built 2005 (20 yrs)
Higher-priced2026 Q1

¥41.0M

¥513k/m²

  • Chuo
  • Seya · 3 min walk
  • 3LDK · 80 m²
  • Built 2001 (25 yrs) · SRC

House

Lower-priced2026 Q1

¥23.0M

¥209k/m²

  • Futatsubashicho
  • Seya · 9 min walk
  • Land 165 m² · floor 110 m²
  • Built 1977 (49 yrs) · Wood
Typical2025 Q4

¥41.0M

¥432k/m²

  • Miyazawa
  • Mitsukyo · 24 min walk
  • Land 125 m² · floor 95 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2026 Q2

¥53.0M

¥558k/m²

  • Aizawa
  • Seya · 5 min walk
  • Land 85 m² · floor 95 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005–¥35.0M
2006¥16.0M¥37.0M
2007¥24.0M¥39.0M
2008¥25.0M¥38.0M
2009¥18.0M¥32.0M
2010¥23.0M¥34.0M
2011¥22.0M¥31.0M
2012¥17.0M¥32.0M
2013¥24.0M¥34.0M
2014¥22.0M¥33.0M
2015¥20.5M¥32.0M
2016¥22.0M¥33.0M
2017¥23.0M¥33.0M
2018¥22.5M¥35.0M
2019¥21.0M¥36.0M
2020¥19.0M¥35.0M
2021¥19.0M¥37.0M
2022¥22.5M¥40.0M
2023¥28.5M¥43.0M
2024¥25.0M¥42.0M
2025¥32.0M¥41.0M
2026 (partial)–¥47.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 15% more than a condo here, which usually means land is scarce and houses are a premium product.
¥0¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005–¥372k/m²¥190k/m²
2006¥290k/m²¥386k/m²¥170k/m²
2007¥303k/m²¥387k/m²¥180k/m²
2008¥326k/m²¥400k/m²¥190k/m²
2009¥288k/m²¥356k/m²¥200k/m²
2010¥286k/m²¥368k/m²¥160k/m²
2011¥311k/m²¥326k/m²¥150k/m²
2012¥270k/m²¥329k/m²¥150k/m²
2013¥311k/m²¥347k/m²¥150k/m²
2014¥293k/m²¥343k/m²¥145k/m²
2015¥309k/m²¥320k/m²¥150k/m²
2016¥311k/m²¥352k/m²¥130k/m²
2017¥313k/m²¥329k/m²¥150k/m²
2018¥294k/m²¥350k/m²¥160k/m²
2019¥308k/m²¥344k/m²¥160k/m²
2020¥283k/m²¥323k/m²¥150k/m²
2021¥286k/m²¥389k/m²¥170k/m²
2022¥370k/m²¥400k/m²¥180k/m²
2023¥406k/m²¥461k/m²¥160k/m²
2024¥366k/m²¥435k/m²¥185k/m²
2025¥387k/m²¥427k/m²¥180k/m²
2026 (partial)–¥407k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥490k/m²
1–¥484k/m²
18¥300k/m²¥289k/m²
22¥446k/m²–
26¥357k/m²¥256k/m²
27–¥246k/m²
29–¥218k/m²
36–¥226k/m²
37–¥232k/m²
38–¥255k/m²
40–¥295k/m²
41–¥225k/m²
50–¥273k/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––¥412k/m²–
2006–¥300k/m²¥422k/m²–
2007¥306k/m²¥317k/m²¥442k/m²–
2008––¥430k/m²–
2009¥267k/m²¥259k/m²¥389k/m²–
2010¥247k/m²¥264k/m²¥400k/m²–
2011–¥271k/m²–¥367k/m²
2012–¥276k/m²–¥390k/m²
2013–¥243k/m²–¥390k/m²
2014–¥240k/m²–¥379k/m²
2015¥231k/m²¥252k/m²–¥360k/m²
2016–¥237k/m²–¥381k/m²
2017¥217k/m²¥250k/m²–¥390k/m²
2018–¥214k/m²–¥389k/m²
2019–¥200k/m²–¥400k/m²
2020–¥200k/m²–¥390k/m²
2021–¥213k/m²–¥383k/m²
2022–¥238k/m²––
2023–¥267k/m²––
2024–¥276k/m²––
2025–¥266k/m²––

Prices near train stations in Seya 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
Seya (瀬谷)¥29.5M¥447k/m²¥42.0M13253
Mitsukyo (三ツ境)¥23.0M¥367k/m²¥44.0M14219
Kibogaoka (希望ケ丘)––¥33.0M1935
Minami Machida Grandberry Park (南町田グランベリーパーク)¥35.0M¥392k/m²–2315

Used condo prices by layout in Seya Ward, Yokohama City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥31.5M70 m²42

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

The median used condo (mansion) in Seya Ward, Yokohama City sold for ¥32.0M in 2025, about ¥387k/m², based on 27 recorded sales.

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

The median house sale, including the land, was ¥41.0M in 2025 across 167 sales.

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

Over the five years to 2025, condo prices per m² changed +36.7% and residential land prices changed +20.0%.

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.