Nara
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Kanmaki Town, Kitakatsuragi County 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)
¥8.3M
Transactions in 2025
35
#14 of 14 areas in Nara by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 10.9% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Nara

Per m², houses here are 38% below the Nara average. Ten years ago the gap was 11%, so Kanmaki Town, Kitakatsuragi County has been falling behind the rest of Nara.

What a typical purchase costs

Half of all house sales last year were between ¥4.0M and ¥13.3M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.7% between 2020 and 2025 (−4.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 0% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

12.6% of homes were empty in 2023 (14.6% for the wider area), and 4.6% 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 33% chance of shaking of intensity 6-lower or stronger in the next 30 years (48% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Official land prices are still falling

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 -11% over five years. They are still 73% 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, 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 Kanmaki Town, Kitakatsuragi County: people, homes and risks

Population 2025
20,909
-3.7% since 2020
Nara: -4.2%
Net moves in 2025
-2
-0.1 per 1,000 residents
Nara: -0.84
Vacant homes (2023)
12.6%
4.6% empty and not for rent or sale
Nara: 14.6%
Median rent (2023)
¥41k
per month, all rented homes
Nara: ¥53k
Strong earthquake risk
33.1%
chance of shaking of intensity 6-lower or more within 30 years
Nara: 47.5%
Official land price 2026
¥43k/m²
-1.9% in a year · -10.6% in 5 years
Nara: ¥66k/m²
Flood exposure
12.5%
of 8 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Nara: 32.5%
Landslide exposure
0.0%
of 8 benchmark sites in a landslide warning area
Nara: 4.9%

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 Kanmaki Town, Kitakatsuragi County

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

¥2.5M

¥25k/m²

  • Midorigaoka
  • Oji(Nara)
  • Land 130 m² · floor 100 m²
  • Built 1992 (33 yrs) · Wood
Typical2025 Q4

¥8.0M

¥53k/m²

  • Sakuragaoka
  • Samitagawa · 19 min walk
  • Land 195 m² · floor 150 m²
  • Built 2002 (23 yrs) · Wood
Higher-priced2026 Q1

¥22.0M

¥210k/m²

  • Shimomaki
  • Owada(Nara) · 20 min walk
  • Land 135 m² · floor 105 m²
  • Built 2016 (10 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M200820102012201420162018202020222024
Show data table
YearHouse
2008¥18.5M
2009¥14.0M
2010¥11.0M
2011–
2012¥9.8M
2013¥13.0M
2014¥14.5M
2015¥18.0M
2016¥17.5M
2017¥12.0M
2018¥18.0M
2019¥18.0M
2020¥17.0M
2021¥12.0M
2022¥7.8M
2023¥17.0M
2024¥14.0M
2025¥8.3M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k200820102012201420162018202020222024
Show data table
YearHouseLand
2008¥162k/m²–
2009¥126k/m²–
2010¥117k/m²–
2011–¥40k/m²
2012¥100k/m²–
2013¥117k/m²–
2014¥133k/m²–
2015¥163k/m²–
2016¥162k/m²–
2017¥87k/m²–
2018¥141k/m²–
2019¥150k/m²–
2020¥162k/m²–
2021¥110k/m²–
2022¥82k/m²¥73k/m²
2023¥129k/m²–
2024¥114k/m²–
2025¥61k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k20102011201220132014201520162017201820192020

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
Year1981-20002011-2020
2010¥103k/m²–
2020–¥208k/m²

Prices near train stations in Kanmaki Town, Kitakatsuragi County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Shizumi (志都美)––¥5.0M1924
Oji(Nara) (王寺)––¥7.0M–17
Owada(Nara) (大輪田)––¥19.0M1514
Hatakeda (畠田)––¥22.0M2313

How much does a house cost in Kanmaki Town, Kitakatsuragi County?

The median house sale, including the land, was ¥8.3M in 2025 across 20 sales.

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.