Kiyomizu-dera, Kyoto
Photo: Kiyomizu-dera, Kyoto · Su San Lee / Unsplash

Minami Ward (Kyoto) Housing Market 2025: A New Market of Small Flats South of Kyoto Station

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

Key figures for 2025

Median used condo price
¥21.0M
¥800k/m²
Median house price (land + building)
¥33.0M
Residential land per m² (sales)
¥290k/m²
+16.0% over 5 years
Transactions in 2025
321
#1 of 27 areas in Kyoto by price per m²

The price per m² tripled, but read it carefully

Condos in Minami cost about ¥0.80M per m² in 2025, the highest of Kyoto City's 11 wards, up from about ¥0.25M in 2015. This does not mean every flat tripled in value. The homes sold changed: the median condo was 60 m² and 24 years old in 2015, but only about 30 m² and 8 years old in 2025. Many new studio buildings have gone up near Kyoto Station, and small new flats cost much more per m².

A studio market

About half of condo sales are studios. The 25 m² 1K at about ¥19M is the most traded home. Sales rose 13% in 2025.

Very different areas

Jujo (subway), Kujo, Toji and the Kyoto Station side sell at about ¥0.8–0.9M per m². Katsuragawa, Kamitobaguchi and Mukomachi in the south and west, often 13–20 minutes' walk, sell at under ¥0.3M. Houses are cheap here: the median house sold for about ¥33M.

Population and yields

Population rose 0.8% between 2020 and 2025 and households 8%, while Kyoto Prefecture shrank. A median condo costs about 30 years of median rent, one of the better ratios in Kyoto.

Flood risk

Minami has the highest flood exposure of Kyoto's wards: about 88% of benchmark sites are in the worst-case flood zone, and about 30% in zones of 3 m or deeper, along the Katsura and Kamo rivers. Earthquake probability is low (about 19%). Part of the Kyoto Station renewal area is in the ward.

Living in Minami Ward, Kyoto City: people, homes and risks

Population 2025
102,742
+0.8% since 2020
Kyoto: -2.9%
Net moves in 2025
+218
+2.12 per 1,000 residents
Kyoto: -1.5
Vacant homes (2023)
13.9%
8.2% empty and not for rent or sale
Kyoto: 13.2%
Median rent (2023)
¥58k
per month, all rented homes
Kyoto: ¥56k
Strong earthquake risk
19.0%
chance of shaking of intensity 6-lower or more within 30 years
Kyoto: 21.7%
Official land price 2026
¥208k/m²
+6.4% in a year · +22.5% in 5 years
Kyoto: ¥136k/m²
Flood exposure
88.2%
of 17 benchmark sites in a worst-case flood zone (29.4% 3 m or deeper)
Kyoto: 49.6%
Landslide exposure
0.0%
of 17 benchmark sites in a landslide warning area
Kyoto: 2.5%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Kyoto Station area and southern Aburakoji-dori · 405.2 ha · designated 2002

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 Minami Ward, Kyoto 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

¥15.0M

¥600k/m²

  • Karahashikawakubocho
  • Nishioji · 8 min walk
  • 1K · 25 m²
  • Built 2012 (14 yrs) · RC
Typical2026 Q2

¥20.0M

¥800k/m²

  • Kisshoinnishiuracho
  • Nishioji · 14 min walk
  • 1DK · 25 m²
  • Built 2019 (7 yrs) · RC
Higher-priced2026 Q1

¥27.0M

¥900k/m²

  • Karahashikeidencho
  • Toji · 14 min walk
  • 1LDK · 30 m²
  • Built 2025 (1 yrs) · RC

House

Lower-priced2026 Q1

¥17.0M

¥200k/m²

  • Kisshoimmandokorocho
  • Nishioji · 15 min walk
  • Land 80 m² · floor 85 m²
  • Built 1962 (64 yrs) · Wood
Typical2026 Q1

¥32.0M

¥427k/m²

  • Hachijouchidacho
  • Toji · 9 min walk
  • Land 70 m² · floor 75 m²
  • Built 2017 (9 yrs) · Wood
Higher-priced2026 Q1

¥82.0M

¥482k/m²

  • Kisshoimmiyanohigashicho
  • Nishioji · 13 min walk
  • Land 290 m² · floor 170 m²
  • Built 1998 (28 yrs) · Steel
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥9.0M¥25.0M
2006¥8.4M¥26.0M
2007¥11.5M¥27.0M
2008¥9.6M¥27.0M
2009¥12.0M¥24.0M
2010¥12.0M¥24.0M
2011¥13.0M¥26.0M
2012¥9.8M¥23.5M
2013¥13.0M¥24.0M
2014¥9.6M¥23.0M
2015¥11.5M¥26.5M
2016¥14.0M¥25.0M
2017¥14.0M¥27.0M
2018¥14.0M¥28.0M
2019¥15.0M¥25.0M
2020¥16.5M¥24.5M
2021¥18.0M¥27.0M
2022¥20.0M¥27.5M
2023¥20.0M¥29.5M
2024¥20.0M¥34.0M
2025¥21.0M¥33.0M
2026 (partial)¥20.0M¥26.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 59% 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¥178k/m²¥271k/m²¥170k/m²
2006¥169k/m²¥211k/m²¥160k/m²
2007¥200k/m²¥267k/m²¥170k/m²
2008¥183k/m²¥250k/m²¥180k/m²
2009¥216k/m²¥206k/m²¥145k/m²
2010¥200k/m²¥230k/m²¥140k/m²
2011¥240k/m²¥206k/m²¥140k/m²
2012¥196k/m²¥224k/m²¥150k/m²
2013¥217k/m²¥224k/m²¥150k/m²
2014¥235k/m²¥222k/m²¥185k/m²
2015¥251k/m²¥224k/m²¥120k/m²
2016¥296k/m²¥267k/m²¥160k/m²
2017¥300k/m²¥293k/m²¥230k/m²
2018¥285k/m²¥286k/m²¥210k/m²
2019¥305k/m²¥274k/m²¥210k/m²
2020¥333k/m²¥250k/m²¥250k/m²
2021¥560k/m²¥272k/m²¥230k/m²
2022¥469k/m²¥286k/m²¥190k/m²
2023¥544k/m²¥300k/m²¥250k/m²
2024¥720k/m²¥304k/m²¥300k/m²
2025¥800k/m²¥317k/m²¥290k/m²
2026 (partial)¥800k/m²¥320k/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 14 years old and half by around 32.
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥920k/m²¥447k/m²
1¥865k/m²–
3¥780k/m²–
4¥840k/m²–
5¥790k/m²–
6¥800k/m²–
7¥710k/m²–
8¥743k/m²–
9¥761k/m²–
12¥735k/m²–
14¥514k/m²–
15¥489k/m²–
16¥600k/m²–
19–¥333k/m²
21–¥294k/m²
23–¥273k/m²
32¥249k/m²–
34–¥161k/m²
35¥237k/m²–
42¥244k/m²¥171k/m²
43–¥178k/m²
44¥254k/m²–
46¥150k/m²¥200k/m²
47¥215k/m²–
48¥176k/m²¥142k/m²
49–¥136k/m²
50¥152k/m²¥211k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k20052007200920112013201520172019202120232025

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–¥183k/m²––
2006¥130k/m²¥188k/m²––
2007–¥195k/m²––
2008–¥183k/m²––
2009–¥215k/m²––
2010–¥186k/m²––
2011–¥246k/m²––
2012¥122k/m²¥201k/m²––
2013–¥200k/m²––
2014¥126k/m²¥236k/m²¥340k/m²–
2015¥125k/m²¥231k/m²––
2016–¥233k/m²––
2017–¥261k/m²––
2018¥136k/m²¥273k/m²––
2019–¥227k/m²––
2020–¥243k/m²¥490k/m²¥760k/m²
2021–¥267k/m²¥524k/m²¥720k/m²
2022–¥300k/m²¥462k/m²¥682k/m²
2023–¥252k/m²¥533k/m²–
2024–¥354k/m²–¥760k/m²
2025¥142k/m²––¥800k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20052007200920112013201520172019202120232025

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––¥370k/m²–
2006¥171k/m²¥181k/m²¥326k/m²–
2007–¥200k/m²¥340k/m²–
2008¥160k/m²¥189k/m²¥353k/m²–
2009–¥175k/m²¥363k/m²–
2010–¥168k/m²¥329k/m²–
2011–¥167k/m²–¥333k/m²
2012–¥159k/m²–¥336k/m²
2013–¥160k/m²–¥344k/m²
2014¥92k/m²¥121k/m²–¥342k/m²
2015–¥167k/m²–¥367k/m²
2016¥138k/m²¥178k/m²–¥343k/m²
2017–¥179k/m²–¥374k/m²
2018–¥211k/m²–¥400k/m²
2019–¥158k/m²–¥375k/m²
2020¥141k/m²¥200k/m²¥270k/m²¥353k/m²
2021–¥211k/m²––
2023¥173k/m²¥212k/m²––
2024¥198k/m²¥211k/m²––
2025¥213k/m²¥200k/m²––

Prices near train stations in Minami Ward, Kyoto City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Nishioji (西大路)¥20.0M¥567k/m²¥34.0M13256
Toji (東寺)¥20.5M¥800k/m²¥25.0M9100
Jujo(KyotoCitySubway) (十条(京都市営))¥21.0M¥880k/m²¥20.0M493
Katsuragawa(Kyoto) (桂川(京都))¥16.0M¥237k/m²¥31.0M1373
Kujo(Kyoto) (九条(京都))¥19.0M¥800k/m²¥23.0M862
Kamitobaguchi (上鳥羽口)¥6.8M¥149k/m²¥53.0M2049
Kyoto (京都)¥21.0M¥900k/m²¥41.5M948
Jujo(Kintetsu) (十条(近鉄))¥28.0M¥462k/m²¥27.0M645
Mukomachi (向日町)¥17.0M¥285k/m²¥28.5M2034

Used condo prices by layout in Minami Ward, Kyoto City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥19.0M25 m²139
3LDK¥25.0M65 m²59
2LDK¥23.0M55 m²45
1DK¥23.0M25 m²44
1LDK¥25.0M30 m²43
2DK¥8.6M42.5 m²20

How much does an apartment cost in Minami Ward, Kyoto City?

The median used condo (mansion) in Minami Ward, Kyoto City sold for ¥21.0M in 2025, about ¥800k/m², based on 147 recorded sales.

How much does a house cost in Minami Ward, Kyoto City?

The median house sale, including the land, was ¥33.0M in 2025 across 129 sales.

Are property prices in Minami Ward, Kyoto City going up?

Over the five years to 2025, condo prices per m² changed +140.0% and residential land prices changed +16.0%.

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.