Meoto Iwa, Futaminoura, Ise, Mie
Photo: Meoto Iwa, Futaminoura, Ise, Mie · Shino Nakamura / Unsplash

Inabe City 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)
¥11.0M
Residential land per m² (sales)
¥3k/m²
+130.8% over 5 years
Transactions in 2025
175
#9 of 15 areas in Mie by price per m²

What the data says

A long, slow decline

House prices per m² have been falling for a decade, by about 1% a year recently. Prices are low, but resale values are likely to keep easing, so buy here to live, not as an investment.

Moving with Mie

Per m², houses here are 7% below the Mie average. That position has barely changed in ten years, so it moves with the wider market.

Sales are picking up

There were about 12% more transactions in the last three years than the three before, so the market is liquid and selling later should be easier.

What a typical purchase costs

Half of all house sales last year were between ¥5.1M and ¥22.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2% between 2020 and 2025 (−4.3% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 3.9% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

16.5% of homes were empty in 2023 (16.3% for the wider area), and 6.6% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Moderate earthquake risk

The government's seismic model gives a 25% chance of shaking of intensity 6-lower or stronger in the next 30 years (63% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Official land prices are edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +0% in the year to January 2026 and -1% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 11% are inside the worst-case flood 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 Inabe City: people, homes and risks

Population 2025
44,095
-2.0% since 2020
Mie: -4.3%
Net moves in 2025
+60
+1.36 per 1,000 residents
Mie: -3.53
Vacant homes (2023)
16.5%
6.6% empty and not for rent or sale
Mie: 16.3%
Median rent (2023)
¥49k
per month, all rented homes
Mie: ¥50k
Strong earthquake risk
25.2%
chance of shaking of intensity 6-lower or more within 30 years
Mie: 62.8%
Official land price 2026
¥23k/m²
+0.2% in a year · -0.6% in 5 years
Mie: ¥38k/m²
Flood exposure
11.1%
of 9 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Mie: 44.7%
Landslide exposure
0.0%
of 9 benchmark sites in a landslide warning area
Mie: 2.3%

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 Inabe 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.

House

Lower-priced2025 Q4

¥1.1M

¥4k/m²

  • Hokuseichoageki
  • Ageki · 4 min walk
  • Land 125 m² · floor 290 m²
  • Built 1964 (61 yrs) · RC
Typical2025 Q4

¥11.0M

¥71k/m²

  • Hokuseichosonohara
  • Oda(Mie) · 16 min walk
  • Land 290 m² · floor 155 m²
  • Built 1994 (31 yrs) · Wood
Higher-priced2025 Q3

¥22.0M

¥200k/m²

  • Hokuseichoigura
  • Ageki · 18 min walk
  • Land 210 m² · floor 110 m²
  • Built 2010 (15 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008–
2009¥9.1M
2010¥16.0M
2011¥12.0M
2012¥23.0M
2013–
2014¥5.9M
2015¥17.0M
2016¥13.0M
2017¥11.5M
2018¥13.5M
2019¥15.5M
2020¥9.9M
2021¥26.0M
2022¥13.5M
2023¥14.5M
2024¥9.0M
2025¥11.0M
2026 (partial)–
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥21k/m²
2008–¥16k/m²
2009¥102k/m²¥16k/m²
2010¥126k/m²¥23k/m²
2011¥84k/m²¥6k/m²
2012¥143k/m²¥20k/m²
2013–¥15k/m²
2014¥56k/m²¥10k/m²
2015¥152k/m²¥14k/m²
2016¥71k/m²¥10k/m²
2017¥71k/m²¥5k/m²
2018¥111k/m²¥7k/m²
2019¥84k/m²¥3k/m²
2020¥81k/m²¥1k/m²
2021¥195k/m²¥3k/m²
2022¥124k/m²¥9k/m²
2023¥96k/m²¥9k/m²
2024¥75k/m²¥6k/m²
2025¥83k/m²¥3k/m²
2026 (partial)–¥2k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥205k/m²
50¥10k/m²

Prices near train stations in Inabe City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Misato(Mie) (三里)––¥21.0M1529
Oda(Mie) (麻生田)––¥11.0M1517
Umedoi (梅戸井)––¥10.0M1613
Sohara(Mie) (楚原)––¥9.0M1113
Oizumi(Mie) (大泉(三重))––¥8.7M1210

How much does a house cost in Inabe City?

The median house sale, including the land, was ¥11.0M in 2025 across 43 sales.

Are property prices in Inabe City going up?

Over the five years to 2025, residential land prices changed +130.8%.

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.