Nagasaki Housing Market 2025: Hillside City, Landslide Risk and Departing Residents
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥23.5M
- ¥312k/m²
- Median house price (land + building)
- ¥13.0M
- -15.9% vs 2024
- Residential land per m² (sales)
- ¥24k/m²
- 0.0% over 5 years
- Transactions in 2025
- 1,856
- #15 of 47 areas in Japan by price per m²
Japan's fastest net outflow
In 2025 Nagasaki lost about 5,600 more people to the rest of Japan than it gained, a net outflow of 4.6 per 1,000 residents, the highest rate of any prefecture. The population fell 6.1% between 2020 and 2025. 9.9% of homes are abandoned.
Yet the city center holds up
Nagasaki City's condo prices per m² are up about 18% in five years and Sasebo's about 13%. Flat, central land is scarce in this hilly harbor city, and the station area was rebuilt for the 2022 opening of the Nishi-Kyushu Shinkansen; central Nagasaki is a government renewal zone. On the government's fixed benchmark sites, residential land rose about 4% over five years.
Expensive relative to rent
A median condo costs about 44 years of the local median rent, the second-highest ratio in Japan. Central condos are priced well above what local rents justify, so investors should be cautious.
Landslides are the main hazard
23% of benchmark sites are in landslide warning areas, the highest share in Japan. Many homes in Nagasaki City sit on steep slopes, some without car access, which lowers their value. Earthquake risk on the national model is low (about 6% for 6-lower shaking in 30 years).
Houses
Houses lose about 65% of their per-m² value by 23 years old, and a m² of house costs only about a third of a m² of condo.
Living in Nagasaki: people, homes and risks
- Population 2025
- 1,232,190
- -6.1% since 2020
- Japan: -2.5%
- Net moves in 2025
- -5,608
- -4.55 per 1,000 residents
- Vacant homes (2023)
- 17.3%
- 9.9% empty and not for rent or sale
- Japan: 13.8%
- Median rent (2023)
- ¥45k
- per month, all rented homes
- Japan: ¥57k
- Strong earthquake risk
- 5.8%
- chance of shaking of intensity 6-lower or more within 30 years
- Japan: 38.4%
- Official land price 2026
- ¥38k/m²
- +1.1% in a year · +4.4% in 5 years
- Japan: ¥74k/m²
- Flood exposure
- 23.5%
- of 243 benchmark sites in a worst-case flood zone (1.6% 3 m or deeper)
- Japan: 42.6%
- Tsunami exposure
- 5.8%
- of 243 benchmark sites in a tsunami inundation zone
- Japan: 7.8%
- Landslide exposure
- 23.0%
- of 243 benchmark sites in a landslide warning area
- Japan: 2.6%
Urban renewal zones
Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.
- Central Nagasaki · 180 ha · designated 2020
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 Nagasaki
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
¥14.0M
¥200k/m²
- Eishohigashimachi, Isahaya City
- Isahaya · 6 min walk
- 3LDK · 70 m²
- Built 1997 (29 yrs) · SRC
¥24.0M
¥320k/m²
- Wakabamachi, Nagasaki City
- Chitose Machi(Nagasaki) · 2 min walk
- 4LDK · 75 m²
- Built 1990 (36 yrs) · RC
¥33.0M
¥550k/m²
- Nakazonomachi, Nagasaki City
- Nishi Urakami · 1 min walk
- 2LDK · 60 m²
- Built 2020 (6 yrs) · RC
House
¥3.5M
¥33k/m²
- Yanagidanimachi, Nagasaki City
- Akasako · 6 min walk
- Land 120 m² · floor 105 m²
- Built 1963 (63 yrs) · Wood
¥12.0M
¥133k/m²
- Nodago, Togitsu Town, Nishisonogi County
- Michino o
- Land 105 m² · floor 90 m²
- Built 1989 (37 yrs) · Wood
¥29.0M
¥276k/m²
- Isomichimachi, Nagasaki City
- Nagasaki(Nagasaki)
- Land 180 m² · floor 105 m²
- Built 2026 (0 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2007 | ¥13.5M | ¥14.0M |
| 2008 | ¥13.0M | ¥14.0M |
| 2009 | ¥13.5M | ¥13.0M |
| 2010 | ¥13.0M | ¥13.0M |
| 2011 | ¥14.0M | ¥14.0M |
| 2012 | ¥15.0M | ¥14.0M |
| 2013 | ¥16.5M | ¥13.0M |
| 2014 | ¥16.0M | ¥14.5M |
| 2015 | ¥15.0M | ¥13.0M |
| 2016 | ¥16.0M | ¥13.5M |
| 2017 | ¥18.0M | ¥16.0M |
| 2018 | ¥18.0M | ¥15.0M |
| 2019 | ¥19.0M | ¥15.0M |
| 2020 | ¥19.0M | ¥14.0M |
| 2021 | ¥18.0M | ¥16.0M |
| 2022 | ¥19.5M | ¥15.0M |
| 2023 | ¥22.0M | ¥14.0M |
| 2024 | ¥21.5M | ¥14.0M |
| 2025 | ¥23.5M | ¥13.0M |
| 2026 (partial) | ¥25.0M | ¥11.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2007 | ¥180k/m² | ¥105k/m² | ¥28k/m² |
| 2008 | ¥175k/m² | ¥108k/m² | ¥32k/m² |
| 2009 | ¥186k/m² | ¥92k/m² | ¥25k/m² |
| 2010 | ¥200k/m² | ¥96k/m² | ¥29k/m² |
| 2011 | ¥186k/m² | ¥96k/m² | ¥26k/m² |
| 2012 | ¥214k/m² | ¥97k/m² | ¥22k/m² |
| 2013 | ¥230k/m² | ¥96k/m² | ¥25k/m² |
| 2014 | ¥225k/m² | ¥104k/m² | ¥23k/m² |
| 2015 | ¥215k/m² | ¥100k/m² | ¥24k/m² |
| 2016 | ¥225k/m² | ¥95k/m² | ¥27k/m² |
| 2017 | ¥244k/m² | ¥118k/m² | ¥24k/m² |
| 2018 | ¥267k/m² | ¥104k/m² | ¥24k/m² |
| 2019 | ¥257k/m² | ¥109k/m² | ¥26k/m² |
| 2020 | ¥257k/m² | ¥100k/m² | ¥24k/m² |
| 2021 | ¥262k/m² | ¥106k/m² | ¥25k/m² |
| 2022 | ¥302k/m² | ¥104k/m² | ¥26k/m² |
| 2023 | ¥300k/m² | ¥110k/m² | ¥27k/m² |
| 2024 | ¥313k/m² | ¥105k/m² | ¥27k/m² |
| 2025 | ¥312k/m² | ¥88k/m² | ¥24k/m² |
| 2026 (partial) | ¥363k/m² | ¥83k/m² | ¥39k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | – | ¥318k/m² |
| 1 | – | ¥320k/m² |
| 2 | – | ¥327k/m² |
| 3 | – | ¥304k/m² |
| 4 | ¥500k/m² | ¥272k/m² |
| 5 | ¥462k/m² | ¥270k/m² |
| 6 | ¥514k/m² | ¥276k/m² |
| 7 | ¥415k/m² | ¥293k/m² |
| 8 | ¥424k/m² | ¥250k/m² |
| 9 | ¥499k/m² | ¥200k/m² |
| 10 | – | ¥236k/m² |
| 11 | ¥424k/m² | ¥223k/m² |
| 12 | – | ¥205k/m² |
| 13 | ¥407k/m² | ¥194k/m² |
| 14 | ¥347k/m² | ¥156k/m² |
| 15 | – | ¥203k/m² |
| 16 | ¥380k/m² | ¥179k/m² |
| 17 | ¥282k/m² | ¥150k/m² |
| 18 | ¥338k/m² | ¥152k/m² |
| 19 | ¥359k/m² | ¥156k/m² |
| 20 | ¥356k/m² | ¥133k/m² |
| 21 | ¥309k/m² | ¥111k/m² |
| 22 | ¥328k/m² | ¥133k/m² |
| 23 | ¥240k/m² | ¥79k/m² |
| 24 | ¥212k/m² | ¥135k/m² |
| 25 | ¥220k/m² | ¥93k/m² |
| 26 | ¥216k/m² | ¥100k/m² |
| 27 | ¥189k/m² | ¥105k/m² |
| 28 | ¥187k/m² | ¥102k/m² |
| 29 | – | ¥102k/m² |
| 30 | ¥210k/m² | ¥123k/m² |
| 31 | ¥219k/m² | ¥105k/m² |
| 32 | ¥196k/m² | ¥109k/m² |
| 33 | ¥176k/m² | ¥112k/m² |
| 34 | – | ¥88k/m² |
| 35 | ¥218k/m² | ¥88k/m² |
| 36 | – | ¥104k/m² |
| 37 | – | ¥90k/m² |
| 38 | – | ¥71k/m² |
| 39 | – | ¥73k/m² |
| 40 | – | ¥68k/m² |
| 41 | – | ¥77k/m² |
| 42 | – | ¥75k/m² |
| 43 | – | ¥59k/m² |
| 44 | – | ¥50k/m² |
| 45 | – | ¥57k/m² |
| 46 | – | ¥69k/m² |
| 47 | – | ¥74k/m² |
| 48 | – | ¥65k/m² |
| 49 | – | ¥70k/m² |
| 50 | – | ¥43k/m² |
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
| Year | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|
| 2007 | ¥169k/m² | – | – |
| 2008 | ¥157k/m² | ¥293k/m² | – |
| 2009 | ¥163k/m² | ¥285k/m² | – |
| 2010 | ¥166k/m² | ¥300k/m² | – |
| 2011 | ¥164k/m² | ¥286k/m² | – |
| 2012 | ¥165k/m² | ¥271k/m² | – |
| 2013 | ¥185k/m² | ¥271k/m² | ¥400k/m² |
| 2014 | ¥184k/m² | ¥294k/m² | – |
| 2015 | ¥171k/m² | ¥263k/m² | – |
| 2016 | ¥169k/m² | ¥307k/m² | – |
| 2017 | ¥200k/m² | ¥292k/m² | – |
| 2018 | ¥200k/m² | ¥330k/m² | – |
| 2019 | ¥200k/m² | ¥367k/m² | – |
| 2020 | ¥210k/m² | ¥314k/m² | ¥436k/m² |
| 2021 | ¥212k/m² | ¥295k/m² | ¥420k/m² |
| 2022 | ¥200k/m² | ¥363k/m² | ¥482k/m² |
| 2023 | ¥211k/m² | ¥341k/m² | – |
| 2024 | ¥191k/m² | ¥333k/m² | ¥467k/m² |
| 2025 | ¥212k/m² | ¥351k/m² | – |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2007 | ¥84k/m² | ¥97k/m² | ¥255k/m² | – |
| 2008 | ¥86k/m² | ¥103k/m² | ¥233k/m² | – |
| 2009 | ¥76k/m² | ¥93k/m² | ¥240k/m² | – |
| 2010 | ¥67k/m² | ¥90k/m² | ¥241k/m² | – |
| 2011 | ¥73k/m² | ¥94k/m² | ¥180k/m² | ¥272k/m² |
| 2012 | ¥64k/m² | ¥95k/m² | ¥150k/m² | ¥267k/m² |
| 2013 | ¥67k/m² | ¥91k/m² | ¥157k/m² | ¥249k/m² |
| 2014 | ¥64k/m² | ¥96k/m² | ¥139k/m² | ¥276k/m² |
| 2015 | ¥73k/m² | ¥94k/m² | ¥139k/m² | ¥270k/m² |
| 2016 | ¥63k/m² | ¥87k/m² | ¥145k/m² | ¥275k/m² |
| 2017 | ¥63k/m² | ¥109k/m² | ¥164k/m² | ¥287k/m² |
| 2018 | ¥72k/m² | ¥93k/m² | ¥150k/m² | ¥295k/m² |
| 2019 | ¥71k/m² | ¥100k/m² | ¥167k/m² | ¥287k/m² |
| 2020 | ¥53k/m² | ¥88k/m² | ¥166k/m² | ¥282k/m² |
| 2021 | ¥53k/m² | ¥100k/m² | ¥148k/m² | ¥267k/m² |
| 2022 | ¥77k/m² | ¥104k/m² | ¥168k/m² | ¥270k/m² |
| 2023 | ¥68k/m² | ¥96k/m² | ¥145k/m² | ¥248k/m² |
| 2024 | ¥59k/m² | ¥93k/m² | ¥152k/m² | ¥280k/m² |
| 2025 | ¥54k/m² | ¥69k/m² | ¥141k/m² | ¥237k/m² |
| 2026 (partial) | ¥32k/m² | ¥100k/m² | – | – |
Prices by area in Nagasaki
Median prices for 2025. Sorted by condo price per m² (or house price per m² where there are few condo sales).
| Area | Condo price per m² | Median used condo price | Median house price (land + building) | Residential land per m² (sales) | Condo 5-yr change |
|---|---|---|---|---|---|
| Nagasaki City | ¥333k/m² | ¥25.5M | ¥13.0M | ¥59k/m² | +17.8% |
| Sasebo City | ¥270k/m² | ¥23.0M | ¥14.0M | ¥37k/m² | +12.6% |
| Togitsu Town, Nishisonogi County | – | – | ¥27.5M | – | – |
| Nagayo Town, Nishisonogi County | – | – | ¥24.5M | ¥79k/m² | – |
| Omura City | – | – | ¥25.0M | ¥42k/m² | – |
| Isahaya City | – | – | ¥19.0M | ¥23k/m² | – |
| Shimabara City | – | – | ¥5.8M | ¥20k/m² | – |
| Goto City | – | – | ¥5.0M | ¥13k/m² | – |
| Tsushima City | – | – | ¥5.0M | – | – |
| Unzen City | – | – | ¥5.2M | ¥8k/m² | – |
| Minamishimabara City | – | – | – | ¥8k/m² | – |
Prices near train stations in Nagasaki
Sales from 2023–2025, grouped by nearest station.
| Station | Median used condo price | Condo price per m² | Median house price (land + building) | Walk (min) | Sales |
|---|---|---|---|---|---|
| Nagasaki(Nagasaki) (長崎(長崎)) | ¥22.5M | ¥339k/m² | ¥11.0M | 18 | 560 |
| Sasebo (佐世保) | ¥20.0M | ¥254k/m² | ¥9.9M | 18 | 256 |
| Michino o (道ノ尾) | ¥20.0M | ¥235k/m² | ¥16.0M | 14 | 245 |
| Nishi Urakami (西浦上) | ¥25.0M | ¥319k/m² | ¥17.0M | 14 | 215 |
| Urakami (浦上) | ¥31.5M | ¥413k/m² | ¥19.0M | 16 | 146 |
| Isahaya (諫早) | ¥21.0M | ¥243k/m² | ¥20.0M | 15 | 111 |
| Takematsu (竹松) | – | – | ¥27.0M | 16 | 99 |
| Omura(Nagasaki) (大村(長崎)) | – | – | ¥20.0M | 15 | 90 |
| Hiu (日宇) | – | – | ¥24.0M | 23 | 89 |
| Haiki (早岐) | – | – | ¥21.0M | 19 | 88 |
| Nagayo (長与) | – | – | ¥21.0M | 20 | 75 |
| Nishi Isahaya (西諫早) | – | – | ¥28.0M | 19 | 74 |
| Hizen Koga (肥前古賀) | – | – | ¥17.0M | 25 | 72 |
| Kikitsu (喜々津) | – | – | ¥14.0M | 18 | 61 |
| Suwa (諏訪) | – | – | ¥22.0M | 13 | 54 |
Used condo prices by layout in Nagasaki
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 3LDK | ¥23.0M | 70 m² | 198 |
| 4LDK | ¥24.0M | 85 m² | 99 |
| 2LDK | ¥26.0M | 60 m² | 58 |
| 1K | ¥4.2M | 20 m² | 14 |
| 1LDK | ¥20.0M | 40 m² | 11 |
| 2DK | ¥15.5M | 45 m² | 10 |
How much does an apartment cost in Nagasaki?
The median used condo (mansion) in Nagasaki sold for ¥23.5M in 2025, about ¥312k/m², based on 148 recorded sales.
How much does a house cost in Nagasaki?
The median house sale, including the land, was ¥13.0M in 2025 across 986 sales.
Are property prices in Nagasaki going up?
Over the five years to 2025, condo prices per m² changed +21.3% and 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.