Matsumoto Castle, Matsumoto, Nagano
Photo: Matsumoto Castle, Matsumoto, Nagano · Nakaharu Line / Unsplash

Ueda 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)
¥20k/m²
0.0% over 5 years
Transactions in 2025
330
#16 of 24 areas in Nagano by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 5.6% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Nagano

Per m², houses here are 32% below the Nagano average. Ten years ago the gap was 2%, so Ueda City has been falling behind the rest of Nagano.

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.

Sales are thinning out

Transactions are down about 9% on the previous three years. Fewer sales mean less choice and slower resale, so allow more time to sell later.

What a typical purchase costs

Half of all house sales last year were between ¥5.1M and ¥23.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 6.3% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025.

Many abandoned homes

16% of homes were empty in 2023 (20.1% for the wider area), and 8.1% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow. About 3.1% of homes are second homes, which points to a resort or holiday-home market.

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 (20% 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 +0% in the year to January 2026 and +0% 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, 60% are inside the worst-case flood zone (7% with expected depths of 3 m or more), 7% 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 Ueda City: people, homes and risks

Population 2025
144,350
-6.3% since 2020
Nagano: -4.5%
Net moves in 2025
-153
-1.06 per 1,000 residents
Nagano: -0.72
Vacant homes (2023)
16.0%
8.1% empty and not for rent or sale
Nagano: 20.1%
Median rent (2023)
¥47k
per month, all rented homes
Nagano: ¥49k
Strong earthquake risk
4.7%
chance of shaking of intensity 6-lower or more within 30 years
Nagano: 19.8%
Official land price 2026
¥40k/m²
+0.4% in a year · +0.2% in 5 years
Nagano: ¥30k/m²
Flood exposure
60.0%
of 15 benchmark sites in a worst-case flood zone (6.7% 3 m or deeper)
Nagano: 55.7%
Landslide exposure
6.7%
of 15 benchmark sites in a landslide warning area
Nagano: 7.5%

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 Ueda 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 Q1

¥6.0M

¥120k/m²

  • Tokiiri
  • Ueda(Nagano)
  • 3LDK · 50 m²
  • Built 1991 (35 yrs) · SRC
Typical2026 Q2

¥15.0M

¥300k/m²

  • Tokiiri
  • Ueda(Nagano)
  • 2LDK · 50 m²
  • Built 1991 (35 yrs) · SRC
Higher-priced2026 Q1

¥26.0M

¥347k/m²

  • Tenjin
  • Ueda(Nagano) · 9 min walk
  • 3LDK · 75 m²
  • Built 2003 (23 yrs) · RC

House

Lower-priced2025 Q4

¥4.3M

¥34k/m²

  • Yagisawa
  • Yagisawa · 8 min walk
  • Land 290 m² · floor 125 m²
  • Built 1993 (32 yrs) · Wood
Typical2025 Q4

¥15.0M

¥36k/m²

  • Nakanojo
  • Miyoshicho · 11 min walk
  • Land 670 m² · floor 420 m²
  • Built 1991 (34 yrs) · Wood
Higher-priced2026 Q2

¥29.0M

¥322k/m²

  • Komaki
  • Shinano Kokubunji · 23 min walk
  • Land 420 m² · floor 90 m²
  • Built 2019 (7 yrs) · Wood
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 64% above 2025, but it covers only part of the year and 57 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥13.0M
2008¥12.0M
2009¥10.0M
2010¥13.5M
2011¥16.0M
2012¥14.0M
2013¥14.0M
2014¥11.0M
2015¥14.0M
2016¥14.0M
2017¥13.0M
2018¥15.0M
2019¥13.0M
2020¥16.5M
2021¥14.0M
2022¥13.0M
2023¥13.0M
2024¥13.0M
2025¥11.0M
2026 (partial)¥18.0M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥107k/m²¥24k/m²
2008¥83k/m²¥25k/m²
2009¥94k/m²¥23k/m²
2010¥104k/m²¥29k/m²
2011¥106k/m²¥25k/m²
2012¥95k/m²¥22k/m²
2013¥100k/m²¥21k/m²
2014¥100k/m²¥21k/m²
2015¥94k/m²¥19k/m²
2016¥103k/m²¥18k/m²
2017¥102k/m²¥22k/m²
2018¥113k/m²¥17k/m²
2019¥102k/m²¥22k/m²
2020¥115k/m²¥20k/m²
2021¥100k/m²¥15k/m²
2022¥94k/m²¥18k/m²
2023¥90k/m²¥18k/m²
2024¥82k/m²¥20k/m²
2025¥81k/m²¥20k/m²
2026 (partial)¥93k/m²¥28k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 34 years — House prices per m² drop about 80% from new by age 34, 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¥300k05101520253035404550
Show data table
Building age (years)House
0¥255k/m²
1¥257k/m²
28¥81k/m²
29¥78k/m²
30¥100k/m²
31¥76k/m²
32¥89k/m²
33¥53k/m²
34¥50k/m²
35¥60k/m²
36¥47k/m²
37¥102k/m²
38¥84k/m²
39¥36k/m²
40¥70k/m²
41¥48k/m²
42¥58k/m²
43¥41k/m²
44¥51k/m²
45¥67k/m²
46¥52k/m²
48¥42k/m²
49¥26k/m²
50¥40k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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
2007¥100k/m²¥85k/m²––
2008¥46k/m²¥91k/m²¥278k/m²–
2009¥53k/m²¥100k/m²––
2010–¥96k/m²¥258k/m²–
2011–¥95k/m²–¥250k/m²
2012¥73k/m²¥88k/m²–¥282k/m²
2013¥63k/m²¥86k/m²–¥257k/m²
2014¥67k/m²¥106k/m²––
2015¥42k/m²¥70k/m²––
2016¥64k/m²¥79k/m²–¥245k/m²
2017¥47k/m²¥92k/m²–¥258k/m²
2018–¥68k/m²–¥248k/m²
2019¥43k/m²¥84k/m²–¥271k/m²
2020¥44k/m²¥81k/m²–¥249k/m²
2021¥36k/m²¥75k/m²––
2022¥39k/m²¥78k/m²––
2023¥45k/m²¥89k/m²––
2024¥48k/m²¥61k/m²––
2025¥55k/m²¥68k/m²––

Prices near train stations in Ueda City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Ueda(Nagano) (上田)¥24.0M¥343k/m²¥16.0M16181
Ooya(Nagano) (大屋)––¥6.2M1877
Shinano Kokubunji (信濃国分寺)––¥24.5M1851
Uedahara (上田原)––¥12.0M1548
Shiroshita(Nagano) (城下(長野))––¥16.0M1021
Akasakaue (赤坂上)––¥14.0M1421
Shimonogo (下之郷)––¥2.8M2217
Miyoshicho (三好町)––¥19.0M817
Naka Shioda (中塩田)––¥26.5M814
Nishi Ueda (西上田)––¥11.5M1614
Shiodamachi (塩田町)––¥6.9M1513
Maita(Nagano) (舞田)––¥5.2M1012
Bessho Onsen (別所温泉)––¥4.1M710
Daigaku Mae(Nagano) (大学前(長野))––¥13.0M610

Used condo prices by layout in Ueda City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥26.0M75 m²11

How much does a house cost in Ueda City?

The median house sale, including the land, was ¥11.0M in 2025 across 162 sales.

Are property prices in Ueda City going up?

Over the five years to 2025, residential land prices changed 0.0%.

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.