Zuihoden, Sendai, Miyagi
Photo: Zuihoden, Sendai, Miyagi · Shino Nakamura / Unsplash

Izumi Ward, Sendai 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
¥22.0M
¥307k/m²
Median house price (land + building)
¥31.0M
+4.6% vs 2024
Residential land per m² (sales)
¥93k/m²
+24.0% over 5 years
Transactions in 2025
472
#5 of 24 areas in Miyagi by price per m²

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 2.3% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Moving with Miyagi

Per m², condos here are priced close to the Miyagi 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 17% 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

71% 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 ¥16.0M and ¥27.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.2% between 2020 and 2025 (−3.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 0.5% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.6% of homes were empty in 2023 (12.4% for the wider area), and 2.2% 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 32 years of the area's median rent (¥57k a month), compared with 32.1 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.

Lower earthquake risk

The government's seismic model gives a 5% chance of shaking of intensity 6-lower or stronger in the next 30 years (26% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

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 +3% in the year to January 2026 and +32% 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, 13% 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 Izumi Ward, Sendai City: people, homes and risks

Population 2025
205,369
-3.2% since 2020
Miyagi: -3.2%
Net moves in 2025
+6
+0.03 per 1,000 residents
Miyagi: -0.92
Vacant homes (2023)
8.6%
2.2% empty and not for rent or sale
Miyagi: 12.4%
Median rent (2023)
¥57k
per month, all rented homes
Miyagi: ¥52k
Strong earthquake risk
4.8%
chance of shaking of intensity 6-lower or more within 30 years
Miyagi: 26.3%
Official land price 2026
¥110k/m²
+2.8% in a year · +32.3% in 5 years
Miyagi: ¥78k/m²
Flood exposure
13.3%
of 45 benchmark sites in a worst-case flood zone (2.2% 3 m or deeper)
Miyagi: 36.2%
Landslide exposure
0.0%
of 45 benchmark sites in a landslide warning area
Miyagi: 1.5%

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 Izumi Ward, Sendai 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

¥176k/m²

  • Matsumori
  • Yaotome · 24 min walk
  • 4LDK · 85 m²
  • Built 1998 (28 yrs) · RC
Typical2025 Q4

¥23.0M

¥271k/m²

  • Izumichuo
  • Izumi Chuo(Miyagi) · 9 min walk
  • 4LDK · 85 m²
  • Built 1997 (28 yrs) · RC
Higher-priced2025 Q3

¥29.0M

¥446k/m²

  • Izumichuo
  • Izumi Chuo(Miyagi) · 8 min walk
  • 3LDK · 65 m²
  • Built 2005 (20 yrs) · RC

House

Lower-priced2026 Q1

¥17.0M

¥92k/m²

  • Nankodaiminami
  • Asahigaoka(Miyagi) · 26 min walk
  • Land 280 m² · floor 185 m²
  • Built 1981 (45 yrs) · Wood
Typical2026 Q1

¥29.0M

¥145k/m²

  • Asahigaokatsutsumi
  • Kuromatsu(Miyagi) · 3 min walk
  • Land 230 m² · floor 200 m²
  • Built 1992 (34 yrs) · Wood
Higher-priced2026 Q1

¥41.0M

¥410k/m²

  • Koyodai
  • Izumi Chuo(Miyagi)
  • Land 160 m² · floor 100 m²
  • Built 2024 (2 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥14.0M¥23.5M
2007¥13.0M¥24.0M
2008¥14.0M¥24.0M
2009¥11.5M¥20.0M
2010¥10.0M¥22.0M
2011¥11.0M¥21.0M
2012¥13.5M¥26.0M
2013¥15.0M¥25.0M
2014¥16.5M¥26.0M
2015¥17.0M¥25.0M
2016¥20.0M¥28.0M
2017¥18.0M¥28.0M
2018¥17.0M¥27.0M
2019¥17.5M¥27.0M
2020¥18.0M¥29.0M
2021¥18.0M¥29.0M
2022¥19.0M¥30.0M
2023¥20.5M¥30.0M
2024¥19.0M¥31.0M
2025¥22.0M¥31.0M
2026 (partial)–¥29.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 18% 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.
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥213k/m²¥200k/m²¥52k/m²
2007¥200k/m²¥200k/m²¥49k/m²
2008¥213k/m²¥190k/m²¥53k/m²
2009¥170k/m²¥168k/m²¥53k/m²
2010¥150k/m²¥171k/m²¥53k/m²
2011¥165k/m²¥173k/m²¥47k/m²
2012¥200k/m²¥195k/m²¥58k/m²
2013¥215k/m²¥210k/m²¥60k/m²
2014¥245k/m²¥213k/m²¥54k/m²
2015¥243k/m²¥200k/m²¥62k/m²
2016¥273k/m²¥243k/m²¥68k/m²
2017¥262k/m²¥224k/m²¥66k/m²
2018¥250k/m²¥245k/m²¥80k/m²
2019¥257k/m²¥234k/m²¥79k/m²
2020¥283k/m²¥257k/m²¥75k/m²
2021¥244k/m²¥245k/m²¥79k/m²
2022¥313k/m²¥239k/m²¥85k/m²
2023¥297k/m²¥243k/m²¥86k/m²
2024¥300k/m²¥245k/m²¥100k/m²
2025¥307k/m²¥256k/m²¥93k/m²
2026 (partial)–¥206k/m²¥87k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 28 years — House prices per m² drop about 55% from new by age 28, 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¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥355k/m²
1–¥337k/m²
2–¥400k/m²
5–¥296k/m²
10–¥237k/m²
12–¥269k/m²
13–¥304k/m²
14–¥257k/m²
16–¥229k/m²
17¥338k/m²¥256k/m²
18–¥208k/m²
19¥331k/m²¥174k/m²
20¥292k/m²¥240k/m²
21¥318k/m²¥220k/m²
22¥324k/m²¥225k/m²
23¥304k/m²¥217k/m²
24¥297k/m²¥163k/m²
25¥288k/m²¥191k/m²
26¥286k/m²¥195k/m²
27¥309k/m²¥192k/m²
28¥280k/m²¥161k/m²
29¥257k/m²¥155k/m²
30¥280k/m²¥161k/m²
31¥235k/m²¥166k/m²
32¥251k/m²¥136k/m²
33¥120k/m²¥142k/m²
34¥140k/m²¥150k/m²
35–¥158k/m²
36–¥167k/m²
37–¥142k/m²
38–¥179k/m²
39–¥181k/m²
40–¥122k/m²
41–¥168k/m²
42–¥169k/m²
43–¥200k/m²
44–¥189k/m²
45–¥170k/m²
47–¥187k/m²
48–¥168k/m²
49–¥214k/m²
50–¥240k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k¥400k2006200820102012201420162018202020222024

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
Year1981-20002001-2010
2006¥200k/m²–
2007¥186k/m²–
2008¥185k/m²–
2009¥148k/m²–
2010¥138k/m²–
2011¥151k/m²–
2012¥173k/m²–
2013¥206k/m²¥286k/m²
2014¥227k/m²¥294k/m²
2015¥218k/m²¥300k/m²
2016¥253k/m²¥313k/m²
2017¥235k/m²¥308k/m²
2018¥233k/m²¥300k/m²
2019¥230k/m²–
2020¥227k/m²¥307k/m²
2021¥215k/m²–
2022¥300k/m²–
2023¥281k/m²–
2024¥250k/m²¥338k/m²
2025¥264k/m²¥357k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026

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
2006¥150k/m²¥160k/m²¥251k/m²–
2007¥133k/m²¥161k/m²¥254k/m²–
2008¥125k/m²¥141k/m²¥267k/m²–
2009¥110k/m²¥126k/m²¥257k/m²–
2010¥128k/m²¥135k/m²¥250k/m²–
2011¥132k/m²¥135k/m²–¥258k/m²
2012¥125k/m²¥140k/m²–¥276k/m²
2013¥129k/m²¥161k/m²–¥277k/m²
2014¥157k/m²¥149k/m²¥246k/m²¥290k/m²
2015¥133k/m²¥148k/m²–¥281k/m²
2016¥161k/m²¥175k/m²–¥314k/m²
2017¥160k/m²¥168k/m²–¥309k/m²
2018¥174k/m²¥161k/m²–¥305k/m²
2019¥148k/m²¥152k/m²–¥300k/m²
2020–¥156k/m²¥229k/m²¥316k/m²
2021¥162k/m²¥158k/m²¥221k/m²¥305k/m²
2022¥214k/m²¥162k/m²¥209k/m²–
2023¥226k/m²¥162k/m²––
2024¥173k/m²¥167k/m²¥230k/m²–
2025¥183k/m²¥166k/m²¥229k/m²–
2026 (partial)–¥159k/m²––

Prices near train stations in Izumi Ward, Sendai City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Izumi Chuo(Miyagi) (泉中央)¥22.0M¥309k/m²¥30.5M16649
Yaotome (八乙女)¥19.5M¥296k/m²¥28.0M10252
Asahigaoka(Miyagi) (旭ケ丘(宮城))¥12.0M¥171k/m²¥33.0M1999
Kuromatsu(Miyagi) (黒松(宮城))––¥37.5M1266

Used condo prices by layout in Izumi Ward, Sendai City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥23.0M70 m²129
1K¥2.4M20 m²27
4LDK¥24.0M80 m²25
2LDK¥19.0M55 m²21

How much does an apartment cost in Izumi Ward, Sendai City?

The median used condo (mansion) in Izumi Ward, Sendai City sold for ¥22.0M in 2025, about ¥307k/m², based on 83 recorded sales.

How much does a house cost in Izumi Ward, Sendai City?

The median house sale, including the land, was ¥31.0M in 2025 across 279 sales.

Are property prices in Izumi Ward, Sendai City going up?

Over the five years to 2025, condo prices per m² changed +8.2% and residential land prices changed +24.0%.

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.