Nagasaki Harbour from Glover Garden
Photo: Nagasaki Harbour from Glover Garden · Zion C / Unsplash

Sasebo 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
¥23.0M
¥270k/m²
Median house price (land + building)
¥14.0M
Residential land per m² (sales)
¥37k/m²
+10.6% over 5 years
Transactions in 2025
327
#2 of 10 areas in Nagasaki by price per m²

What the data says

Price growth is speeding up

House values per m² have risen about 3.2% a year over the past five years, faster than the 2.5% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Outperforming Nagasaki

Per m², houses here are 23% above the Nagasaki average. The premium has grown from 13% ten years ago, so Sasebo City has been outperforming its surroundings.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 11% 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

79% 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.

Sales are thinning out

Transactions are down about 12% 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 ¥6.0M and ¥28.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 7% between 2020 and 2025 (−6.1% for the wider area). More people moved out than in during 2025 (about 8.1 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

18.1% of homes were empty in 2023 (17.3% for the wider area), and 10.4% 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.

Lower earthquake risk

The government's seismic model gives a 1% chance of shaking of intensity 6-lower or stronger in the next 30 years (6% 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 +2% in the year to January 2026 and +8% over five years. They are still 22% below their 1991 bubble-era level. 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, 27% are inside the worst-case flood zone, 7% are in a tsunami inundation zone, 50% 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 Sasebo City: people, homes and risks

Population 2025
226,189
-7.0% since 2020
Nagasaki: -6.1%
Net moves in 2025
-1,825
-8.07 per 1,000 residents
Nagasaki: -4.55
Vacant homes (2023)
18.1%
10.4% empty and not for rent or sale
Nagasaki: 17.3%
Median rent (2023)
¥47k
per month, all rented homes
Nagasaki: ¥45k
Strong earthquake risk
0.7%
chance of shaking of intensity 6-lower or more within 30 years
Nagasaki: 5.8%
Official land price 2026
¥41k/m²
+2.0% in a year · +7.6% in 5 years
Nagasaki: ¥38k/m²
Flood exposure
26.7%
of 60 benchmark sites in a worst-case flood zone (1.7% 3 m or deeper)
Nagasaki: 23.5%
Tsunami exposure
6.7%
of 60 benchmark sites in a tsunami inundation zone
Nagasaki: 5.8%
Landslide exposure
50.0%
of 60 benchmark sites in a landslide warning area
Nagasaki: 23.0%

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 Sasebo 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

¥4.9M

¥245k/m²

  • Hamadamachi
  • Sasebo · 21 min walk
  • 1K · 20 m²
  • Built 1989 (37 yrs) · SRC
Typical2025 Q3

¥20.0M

¥222k/m²

  • Kotencho
  • Sasebo · 19 min walk
  • 4LDK · 90 m²
  • Built 2012 (13 yrs)
Higher-priced2026 Q1

¥29.0M

¥363k/m²

  • Kyonotsubocho
  • Sasebo · 13 min walk
  • 3LDK · 80 m²
  • Built 2008 (18 yrs) · RC

House

Lower-priced2025 Q4

¥5.0M

¥83k/m²

  • Emukaechonagasaka
  • Emukaeshikamachi · 6 min walk
  • Land 75 m² · floor 60 m²
  • Built 1983 (42 yrs) · Steel
Typical2025 Q4

¥15.0M

¥107k/m²

  • Hiucho
  • Hiu · 15 min walk
  • Land 240 m² · floor 140 m²
  • Built 1991 (34 yrs) · Wood
Higher-priced2025 Q3

¥35.0M

¥500k/m²

  • Hiumimachi
  • Hiu · 25 min walk
  • Land 195 m² · floor 70 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥16.0M
2008¥14.5M¥14.0M
2009¥12.5M¥13.0M
2010¥14.0M¥14.0M
2011¥15.0M¥13.0M
2012¥18.0M¥13.0M
2013¥21.0M¥14.0M
2014¥19.0M¥14.0M
2015¥13.0M¥14.0M
2016¥13.0M¥13.0M
2017¥15.0M¥21.0M
2018¥18.0M¥15.0M
2019¥17.0M¥14.5M
2020¥16.0M¥14.0M
2021¥18.0M¥16.5M
2022¥19.0M¥16.0M
2023¥22.0M¥17.0M
2024¥14.0M¥17.0M
2025¥23.0M¥14.0M
2026 (partial)–¥17.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 50% 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¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007–¥108k/m²¥32k/m²
2008¥236k/m²¥105k/m²¥40k/m²
2009¥173k/m²¥107k/m²¥30k/m²
2010¥200k/m²¥105k/m²¥35k/m²
2011¥180k/m²¥96k/m²¥33k/m²
2012¥231k/m²¥91k/m²¥30k/m²
2013¥282k/m²¥100k/m²¥31k/m²
2014¥235k/m²¥125k/m²¥33k/m²
2015¥193k/m²¥105k/m²¥25k/m²
2016¥200k/m²¥106k/m²¥32k/m²
2017¥233k/m²¥129k/m²¥34k/m²
2018¥267k/m²¥107k/m²¥34k/m²
2019¥228k/m²¥104k/m²¥32k/m²
2020¥240k/m²¥99k/m²¥33k/m²
2021¥225k/m²¥106k/m²¥41k/m²
2022¥294k/m²¥104k/m²¥44k/m²
2023¥282k/m²¥123k/m²¥39k/m²
2024¥203k/m²¥122k/m²¥43k/m²
2025¥270k/m²¥115k/m²¥37k/m²
2026 (partial)–¥114k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥318k/m²
1–¥367k/m²
2–¥347k/m²
22–¥183k/m²
24–¥200k/m²
26–¥114k/m²
27¥176k/m²–
28–¥115k/m²
29–¥114k/m²
30–¥133k/m²
31–¥130k/m²
33–¥128k/m²
35–¥71k/m²
36–¥111k/m²
37–¥99k/m²
38–¥57k/m²
39–¥116k/m²
40–¥86k/m²
41–¥55k/m²
42–¥83k/m²
43–¥83k/m²
44–¥89k/m²
45–¥69k/m²
46–¥57k/m²
47–¥87k/m²
49–¥64k/m²
50–¥54k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025

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–¥96k/m²––
2008–¥94k/m²¥208k/m²–
2009–¥108k/m²¥245k/m²–
2010–¥90k/m²¥267k/m²–
2011–¥100k/m²––
2012–¥95k/m²––
2013¥83k/m²¥78k/m²–¥266k/m²
2014–¥126k/m²–¥292k/m²
2015¥81k/m²¥112k/m²–¥275k/m²
2016¥81k/m²¥116k/m²–¥287k/m²
2017–¥117k/m²–¥316k/m²
2018¥77k/m²¥96k/m²–¥314k/m²
2019¥84k/m²¥88k/m²–¥327k/m²
2020¥69k/m²¥92k/m²–¥302k/m²
2021¥74k/m²¥110k/m²––
2022¥83k/m²¥104k/m²––
2023¥80k/m²¥101k/m²––
2024¥80k/m²¥110k/m²––
2025¥55k/m²¥87k/m²––

Prices near train stations in Sasebo City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Sasebo (佐世保)¥20.0M¥254k/m²¥9.9M18256
Hiu (日宇)––¥24.0M2389
Haiki (早岐)––¥21.0M1988
Daigaku (大学)––¥28.0M1951
Daito (大塔)––¥25.0M2021
Koura (小浦)––¥8.4M1820
Yamanota (山の田)––¥6.5M920
Hidariishi (左石)––¥8.0M1519
Huis Ten Bosch (ハウステンボス)––¥44.5M1416
Sempukuji (泉福寺)––¥18.0M1815
Kami Ainoura (上相浦)––¥23.0M1114
Emukaeshikamachi (江迎鹿町)––¥3.4M612
Yoshii(Nagasaki) (吉井(長崎))––¥3.8M1310

Used condo prices by layout in Sasebo City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥21.0M70 m²41
4LDK¥21.5M87.5 m²20
2LDK¥19.0M65 m²12

How much does an apartment cost in Sasebo City?

The median used condo (mansion) in Sasebo City sold for ¥23.0M in 2025, about ¥270k/m², based on 25 recorded sales.

How much does a house cost in Sasebo City?

The median house sale, including the land, was ¥14.0M in 2025 across 198 sales.

Are property prices in Sasebo City going up?

Over the five years to 2025, condo prices per m² changed +12.6% and residential land prices changed +10.6%.

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.