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

Tsurumi 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
¥30.0M
¥560k/m² · 0.0% vs 2024
Median house price (land + building)
¥48.0M
+2.1% vs 2024
Residential land per m² (sales)
¥310k/m²
+19.2% over 5 years
Transactions in 2025
714
#14 of 51 areas in Kanagawa by price per m²

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 2.7% a year, down from 4.9% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Moving with Kanagawa

Per m², condos here are priced close to the Kanagawa average. That position has barely changed in ten years, so it moves with the wider market.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 15% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

A family market

49% 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 condo sales last year were between ¥17.0M and ¥40.0M. Listings outside that range are either unusual properties or worth a closer look.

A stable population

The population was roughly stable between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 4.7 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

9.2% of homes were empty in 2023 (9.8% for the wider area), and 2.6% 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 34.7 years of the area's median rent (¥72k 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.

High earthquake risk

The government's seismic model gives a 67% 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 +4% in the year to January 2026 and +15% over five years. They are still 44% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 51% are inside the worst-case flood zone, 32% are in a tsunami inundation 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 Tsurumi Ward, Yokohama City: people, homes and risks

Population 2025
296,717
-0.2% since 2020
Kanagawa: -0.5%
Net moves in 2025
+1,391
+4.69 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
9.2%
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
67.3%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥299k/m²
+3.9% in a year · +15.3% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
51.2%
of 41 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Tsunami exposure
31.7%
of 41 benchmark sites in a tsunami inundation zone
Kanagawa: 10.5%
Landslide exposure
0.0%
of 41 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 Tsurumi 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 Q2

¥18.0M

¥300k/m²

  • Kishiya
  • Namamugi · 9 min walk
  • 3DK · 60 m²
  • Built 1976 (50 yrs) · RC
Typical2025 Q4

¥32.0M

¥427k/m²

  • Kamisueyoshi
  • Tsurumi · 25 min walk
  • 3LDK · 75 m²
  • Built 1999 (26 yrs) · RC
Higher-priced2026 Q1

¥47.0M

¥671k/m²

  • Kishiya
  • Namamugi · 4 min walk
  • 3LDK · 70 m²
  • Built 2002 (24 yrs) · RC

House

Lower-priced2026 Q1

¥38.0M

¥475k/m²

  • Kitaterao
  • Kikuna
  • Land 50 m² · floor 80 m²
  • Built 2026 (0 yrs) · Wood
Typical2026 Q2

¥50.0M

¥556k/m²

  • Kamisueyoshi
  • Tsurumi · 28 min walk
  • Land 70 m² · floor 90 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q1

¥75.0M

¥577k/m²

  • Yako
  • Yako · 8 min walk
  • Land 80 m² · floor 130 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥14.0M¥40.0M
2006¥17.0M¥40.0M
2007¥19.0M¥42.0M
2008¥23.0M¥41.0M
2009¥20.0M¥37.0M
2010¥25.0M¥38.0M
2011¥23.0M¥40.0M
2012¥22.0M¥37.0M
2013¥19.0M¥37.0M
2014¥22.0M¥36.0M
2015¥22.0M¥38.0M
2016¥22.0M¥40.0M
2017¥25.0M¥42.0M
2018¥26.0M¥42.0M
2019¥28.0M¥41.0M
2020¥28.0M¥40.0M
2021¥26.0M¥43.0M
2022¥29.0M¥45.0M
2023¥25.5M¥48.0M
2024¥27.0M¥47.0M
2025¥30.0M¥48.0M
2026 (partial)¥33.0M¥57.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 16% 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¥200k¥400k¥600k¥800k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥300k/m²¥400k/m²¥215k/m²
2006¥320k/m²¥400k/m²¥230k/m²
2007¥381k/m²¥422k/m²¥240k/m²
2008¥432k/m²¥439k/m²¥250k/m²
2009¥359k/m²¥389k/m²¥250k/m²
2010¥400k/m²¥380k/m²¥220k/m²
2011¥385k/m²¥400k/m²¥230k/m²
2012¥360k/m²¥378k/m²¥220k/m²
2013¥338k/m²¥373k/m²¥220k/m²
2014¥372k/m²¥370k/m²¥210k/m²
2015¥400k/m²¥386k/m²¥235k/m²
2016¥425k/m²¥410k/m²¥205k/m²
2017¥440k/m²¥417k/m²¥250k/m²
2018¥477k/m²¥440k/m²¥220k/m²
2019¥480k/m²¥423k/m²¥235k/m²
2020¥500k/m²¥413k/m²¥260k/m²
2021¥517k/m²¥420k/m²¥260k/m²
2022¥545k/m²¥448k/m²¥290k/m²
2023¥556k/m²¥447k/m²¥310k/m²
2024¥560k/m²¥464k/m²¥300k/m²
2025¥560k/m²¥474k/m²¥310k/m²
2026 (partial)¥648k/m²¥533k/m²¥280k/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 6 years old and half by around 16. Prices keep falling by roughly 2.3% 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 21 years — House prices per m² drop about 31% from new by age 21, 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¥1.5M¥2.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.5M/m²¥516k/m²
1¥1.3M/m²¥498k/m²
2¥1.2M/m²–
3¥1.1M/m²–
4–¥484k/m²
5¥1.0M/m²¥463k/m²
6¥682k/m²¥506k/m²
7¥815k/m²¥548k/m²
8¥830k/m²¥547k/m²
9¥695k/m²¥487k/m²
10¥760k/m²–
11¥751k/m²¥500k/m²
12¥700k/m²–
13¥785k/m²¥425k/m²
14¥746k/m²–
15¥643k/m²¥382k/m²
16¥533k/m²–
17¥538k/m²¥402k/m²
18¥569k/m²¥463k/m²
19¥488k/m²–
20¥586k/m²–
21¥566k/m²¥344k/m²
22¥552k/m²–
23¥586k/m²¥357k/m²
24¥616k/m²¥353k/m²
25¥568k/m²¥350k/m²
26¥527k/m²–
27¥557k/m²–
28¥523k/m²¥305k/m²
29¥545k/m²¥346k/m²
30¥475k/m²–
31¥438k/m²¥307k/m²
32¥527k/m²¥243k/m²
33¥467k/m²¥329k/m²
34¥440k/m²¥270k/m²
35¥474k/m²¥307k/m²
36¥452k/m²¥305k/m²
37¥433k/m²¥282k/m²
38¥396k/m²¥271k/m²
39¥400k/m²¥241k/m²
40¥400k/m²¥262k/m²
41¥380k/m²¥294k/m²
42¥414k/m²–
43¥428k/m²¥287k/m²
44¥417k/m²–
45¥467k/m²¥283k/m²
46¥427k/m²–
48–¥211k/m²
49–¥325k/m²
50¥295k/m²¥260k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M20052008201120142017202020232026

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–¥303k/m²––
2006–¥317k/m²¥504k/m²–
2007–¥338k/m²¥494k/m²–
2008–¥369k/m²¥600k/m²–
2009–¥323k/m²¥445k/m²–
2010–¥333k/m²¥529k/m²–
2011¥268k/m²¥314k/m²¥500k/m²–
2012–¥314k/m²¥433k/m²–
2013¥266k/m²¥300k/m²¥415k/m²–
2014–¥333k/m²¥417k/m²–
2015¥267k/m²¥360k/m²¥453k/m²¥554k/m²
2016–¥375k/m²¥457k/m²¥567k/m²
2017–¥400k/m²¥467k/m²¥577k/m²
2018–¥414k/m²¥493k/m²¥600k/m²
2019–¥420k/m²¥517k/m²¥583k/m²
2020–¥435k/m²¥517k/m²¥629k/m²
2021–¥431k/m²¥520k/m²¥646k/m²
2022–¥480k/m²¥569k/m²¥728k/m²
2023–¥485k/m²¥587k/m²¥800k/m²
2024¥363k/m²¥460k/m²¥629k/m²¥765k/m²
2025¥350k/m²¥500k/m²¥593k/m²¥846k/m²
2026 (partial)–¥553k/m²–¥800k/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––¥422k/m²–
2006–¥340k/m²¥421k/m²–
2007–¥308k/m²¥444k/m²–
2008–¥300k/m²¥459k/m²–
2009–¥250k/m²¥421k/m²–
2010¥247k/m²¥318k/m²¥400k/m²–
2011–¥254k/m²¥362k/m²¥425k/m²
2012–¥256k/m²–¥400k/m²
2013¥200k/m²¥219k/m²¥333k/m²¥410k/m²
2014–¥232k/m²–¥400k/m²
2015¥266k/m²¥287k/m²¥349k/m²¥419k/m²
2016¥227k/m²¥263k/m²¥359k/m²¥446k/m²
2017¥250k/m²¥321k/m²¥350k/m²¥462k/m²
2018–¥263k/m²–¥467k/m²
2019¥273k/m²¥255k/m²–¥463k/m²
2020¥213k/m²¥250k/m²¥325k/m²¥440k/m²
2021¥247k/m²¥300k/m²¥395k/m²¥449k/m²
2022¥306k/m²¥307k/m²–¥460k/m²
2023¥242k/m²¥317k/m²¥411k/m²–
2024¥284k/m²¥294k/m²–¥510k/m²
2025–¥297k/m²¥400k/m²¥500k/m²

Prices near train stations in Tsurumi 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
Tsurumi (鶴見)¥30.0M¥573k/m²¥47.0M13631
Keikyu Tsurumi (京急鶴見)¥23.0M¥663k/m²¥45.0M11251
Namamugi (生麦)¥22.0M¥475k/m²¥45.0M9228
Tsurumi Ichiba (鶴見市場)¥27.0M¥582k/m²¥55.0M7170
Shitte (尻手)¥37.0M¥620k/m²¥47.0M10124
Kikuna (菊名)¥26.0M¥400k/m²¥48.0M1992
Kagetsu Sojiji (花月総持寺)¥31.0M¥647k/m²¥47.5M476
Yako (矢向)¥40.0M¥582k/m²¥62.0M654
Tsunashima (綱島)¥32.0M¥477k/m²–2535
Tsurumi Ono (鶴見小野)¥25.0M¥435k/m²–622
Hatchonawate (八丁畷)¥47.0M¥694k/m²–1021
Anzen (安善)¥16.0M¥231k/m²–914

Used condo prices by layout in Tsurumi Ward, Yokohama City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥37.0M65 m²404
1K¥13.0M20 m²209
2LDK¥30.0M55 m²162
4LDK¥42.0M85 m²61
1LDK¥29.0M40 m²31
2DK¥20.0M45 m²27
1R¥6.8M15 m²25
1DK¥14.0M25 m²23

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

The median used condo (mansion) in Tsurumi Ward, Yokohama City sold for ¥30.0M in 2025, about ¥560k/m², based on 363 recorded sales.

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

The median house sale, including the land, was ¥48.0M in 2025 across 244 sales.

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

Over the five years to 2025, condo prices per m² changed +12.0% and residential land prices changed +19.2%.

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.