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

Zushi 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
¥508k/m²
Median house price (land + building)
¥38.0M
Residential land per m² (sales)
¥190k/m²
-2.6% over 5 years
Transactions in 2025
159
#18 of 51 areas in Kanagawa by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 9.6% a year over the past five years, faster than the 3.3% 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, condos here are priced close to the Kanagawa average. The discount has shrunk from 19% ten years ago, so Zushi City is catching up with its surroundings.

Station distance barely matters

Houses 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

A mixed market

Condo sales are split between small units (5%) and family-sized homes (37%), so the market serves both investors and owner-occupiers.

What a typical purchase costs

Half of all condo sales last year were between ¥18.0M and ¥42.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.1% between 2020 and 2025 (−0.5% for the wider area). Moves in and out roughly balanced in 2025.

Typical vacancy

17.1% of homes were empty in 2023 (9.8% for the wider area), and 5.4% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm. About 7.6% of homes are second homes, which points to a resort or holiday-home market.

Buying vs renting

A median used condo costs about 33.4 years of the area's median rent (¥80k 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 71% 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 +19% over five years. 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, 17% are inside the worst-case flood zone, 44% are in a tsunami inundation zone, 22% are in a landslide warning area. 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 Zushi City: people, homes and risks

Population 2025
55,263
-3.1% since 2020
Kanagawa: -0.5%
Net moves in 2025
+52
+0.94 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
17.1%
5.4% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥80k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
70.5%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Official land price 2026
¥215k/m²
+5.2% in a year · +19.2% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
16.7%
of 18 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Tsunami exposure
44.4%
of 18 benchmark sites in a tsunami inundation zone
Kanagawa: 10.5%
Landslide exposure
22.2%
of 18 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 Zushi 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-priced2025 Q3

¥19.0M

¥271k/m²

  • Ikego
  • Higashi Zushi · 13 min walk
  • 3LDK · 70 m²
  • Built 1974 (51 yrs) · RC
Typical2025 Q3

¥36.0M

¥514k/m²

  • Numama
  • Higashi Zushi · 7 min walk
  • 2LDK+S · 70 m²
  • Built 1998 (27 yrs) · RC
Higher-priced2025 Q4

¥51.0M

¥729k/m²

  • Kotsubo
  • Zushi
  • 2LDK · 70 m²
  • Built 1991 (34 yrs) · RC

House

Lower-priced2025 Q3

¥28.0M

¥224k/m²

  • Numama
  • Higashi Zushi · 24 min walk
  • Land 200 m² · floor 125 m²
  • Built 1974 (51 yrs) · Wood
Typical2026 Q1

¥40.0M

¥267k/m²

  • Hisagi
  • Zushi · 26 min walk
  • Land 210 m² · floor 150 m²
  • Built 1997 (29 yrs) · Wood
Higher-priced2025 Q4

¥60.0M

¥1.0M/m²

  • Sakurayama
  • Zushi · 25 min walk
  • Land 250 m² · floor 60 m²
  • Built 1971 (54 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥27.0M¥42.0M
2008¥28.0M¥37.5M
2009¥27.0M¥36.0M
2010¥25.0M¥34.0M
2011¥27.0M¥37.0M
2012¥24.0M¥36.5M
2013¥20.5M¥34.0M
2014¥23.0M¥32.0M
2015¥18.0M¥32.0M
2016¥19.5M¥32.0M
2017¥18.0M¥35.0M
2018¥20.0M¥33.0M
2019¥24.0M¥36.5M
2020¥23.0M¥36.0M
2021¥35.0M¥39.0M
2022¥33.0M¥40.0M
2023¥30.0M¥44.0M
2024¥37.0M¥39.0M
2025¥32.0M¥38.0M
2026 (partial)–¥43.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 32% 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¥600k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥363k/m²¥411k/m²¥270k/m²
2008¥373k/m²¥354k/m²¥220k/m²
2009¥364k/m²¥350k/m²¥200k/m²
2010¥376k/m²¥353k/m²¥190k/m²
2011¥357k/m²¥341k/m²¥180k/m²
2012¥384k/m²¥332k/m²¥160k/m²
2013¥293k/m²¥339k/m²¥180k/m²
2014¥307k/m²¥302k/m²¥220k/m²
2015¥289k/m²¥325k/m²¥160k/m²
2016¥291k/m²¥305k/m²¥160k/m²
2017¥288k/m²¥318k/m²¥170k/m²
2018¥350k/m²¥316k/m²¥190k/m²
2019¥369k/m²¥327k/m²¥160k/m²
2020¥330k/m²¥368k/m²¥195k/m²
2021¥442k/m²¥379k/m²¥170k/m²
2022¥534k/m²¥375k/m²¥215k/m²
2023¥491k/m²¥436k/m²¥220k/m²
2024¥600k/m²¥390k/m²¥230k/m²
2025¥508k/m²¥364k/m²¥190k/m²
2026 (partial)–¥464k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥482k/m²
1–¥450k/m²
23¥680k/m²–
27¥743k/m²–
30–¥286k/m²
48¥338k/m²–
50¥236k/m²¥267k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2009201120132015201720192021

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
Year1971-19801981-2000
2009–¥377k/m²
2010–¥362k/m²
2013¥260k/m²¥323k/m²
2014–¥306k/m²
2015¥240k/m²¥327k/m²
2016–¥311k/m²
2018–¥356k/m²
2019–¥394k/m²
2020¥319k/m²–
2021–¥525k/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
Year1981-20002001-20102011-2020
2007–¥429k/m²–
2009–¥389k/m²–
2010–¥386k/m²–
2011––¥389k/m²
2012¥283k/m²––
2013––¥369k/m²
2014¥241k/m²–¥382k/m²
2015¥254k/m²–¥353k/m²
2016¥285k/m²–¥356k/m²
2017¥213k/m²–¥367k/m²
2018––¥411k/m²
2019¥261k/m²–¥400k/m²
2020––¥375k/m²
2021¥293k/m²––
2023¥217k/m²––
2025¥273k/m²––

Prices near train stations in Zushi City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Zushi (逗子)¥37.0M¥606k/m²¥45.0M15216
Higashi Zushi (東逗子)––¥36.0M1062
Jimmuji (神武寺)¥10.4M¥187k/m²¥24.5M638

Used condo prices by layout in Zushi City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
2LDK¥27.0M60 m²36
3LDK¥40.5M70 m²34
1LDK¥33.0M55 m²15

How much does an apartment cost in Zushi City?

The median used condo (mansion) in Zushi City sold for ¥32.0M in 2025, about ¥508k/m², based on 39 recorded sales.

How much does a house cost in Zushi City?

The median house sale, including the land, was ¥38.0M in 2025 across 80 sales.

Are property prices in Zushi City going up?

Over the five years to 2025, condo prices per m² changed +53.6% and residential land prices changed -2.6%.

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.