Kumamoto Castle, Kumamoto
Photo: Kumamoto Castle, Kumamoto · Mohammed Kertiou / Unsplash

Ozu Town, Kikuchi County Housing Market Report 2025

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median house price (land + building)
¥33.0M
Residential land per m² (sales)
¥37k/m²
+105.6% over 5 years
Transactions in 2025
80
#3 of 19 areas in Kumamoto by price per m²

What the data says

Steady, predictable growth

House prices per m² have climbed about 1.9% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Outperforming Kumamoto

Per m², houses here are 62% above the Kumamoto average. The premium has grown from 44% ten years ago, so Ozu Town, Kikuchi County has been outperforming its surroundings.

What a typical purchase costs

Half of all house sales last year were between ¥25.0M and ¥69.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 5% between 2020 and 2025 (−3.5% for the wider area). More people moved out than in during 2025 (about 3.4 per 1,000 residents), which weakens long-term housing demand.

Few abandoned homes

8% of homes were empty in 2023 (14.9% 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.

Lower earthquake risk

The government's seismic model gives a 9% chance of shaking of intensity 6-lower or stronger in the next 30 years (15% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Living in Ozu Town, Kikuchi County: people, homes and risks

Population 2025
36,941
+5.0% since 2020
Kumamoto: -3.5%
Net moves in 2025
-125
-3.38 per 1,000 residents
Kumamoto: -1.39
Vacant homes (2023)
8.0%
2.6% empty and not for rent or sale
Kumamoto: 14.9%
Median rent (2023)
¥48k
per month, all rented homes
Kumamoto: ¥47k
Strong earthquake risk
8.9%
chance of shaking of intensity 6-lower or more within 30 years
Kumamoto: 14.9%
Official land price 2026
¥47k/m²
+5.6% in a year · – in 5 years
Kumamoto: ¥54k/m²
Flood exposure
0.0%
of 3 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kumamoto: 51.3%
Landslide exposure
0.0%
of 3 benchmark sites in a landslide warning area
Kumamoto: 0.8%

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 Ozu Town, Kikuchi County

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.

House

Lower-priced2025 Q3

¥16.0M

¥133k/m²

  • Misakino
  • Higo Ozu
  • Land 220 m² · floor 120 m²
  • Built 2001 (24 yrs) · Wood
Typical2025 Q4

¥28.0M

¥255k/m²

  • Oaza Obayashi
  • Higo Ozu
  • Land 240 m² · floor 110 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q4

¥35.0M

¥389k/m²

  • Oaza Ozu
  • Higo Ozu
  • Land 330 m² · floor 90 m²
  • Built 2024 (1 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥22.0M
2009¥17.0M
2010¥23.0M
2011¥28.0M
2012¥18.0M
2013¥21.0M
2014–
2015¥23.5M
2016–
2017¥18.0M
2018¥22.5M
2019¥22.0M
2020¥21.0M
2021¥22.0M
2022¥22.0M
2023¥32.0M
2024¥28.0M
2025¥33.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥21k/m²
2008¥141k/m²¥20k/m²
2009¥124k/m²¥20k/m²
2010¥185k/m²¥18k/m²
2011¥238k/m²¥20k/m²
2012¥156k/m²¥18k/m²
2013¥178k/m²¥22k/m²
2014–¥22k/m²
2015¥150k/m²¥23k/m²
2016–¥16k/m²
2017¥126k/m²¥17k/m²
2018¥174k/m²¥18k/m²
2019¥234k/m²¥15k/m²
2020¥190k/m²¥18k/m²
2021¥220k/m²¥21k/m²
2022¥183k/m²¥21k/m²
2023¥203k/m²¥41k/m²
2024¥205k/m²¥30k/m²
2025¥262k/m²¥37k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k01
Show data table
Building age (years)House
0¥267k/m²
1¥270k/m²

Prices near train stations in Ozu Town, Kikuchi County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Higo Ozu (肥後大津)––¥32.0M1694

How much does a house cost in Ozu Town, Kikuchi County?

The median house sale, including the land, was ¥33.0M in 2025 across 35 sales.

Are property prices in Ozu Town, Kikuchi County going up?

Over the five years to 2025, residential land prices changed +105.6%.

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.