Real Estate Market Report for Oita: Trends, Prices, and Analysis
Oita Prefecture, located on the northeastern coast of Kyushu, Japan, is a vibrant and culturally rich region known for its natural hot springs, beautiful landscapes, and growing local economy. The prefecture's real estate market presents unique opportunities for both investors and those looking to call Oita their home. Notably, Oita City, as the prefectural capital, has seen a fluctuation in property prices, experiencing a slight decrease recently, with the current average price marked at ￥189,473.
Ratio of population of foreigners (per 100,000 persons)
904.7
Aging index
287
Rate of population change
-0.63%
Yearly average of air temperature
17.4
Yearly average of relative humidity
71%
Yearly clear days
21
Number of elementary schools (per inhabitable area 100 km2)
14.65
Number of lower secondary schools (per inhabitable area 100 km2)
7.19
Number of upper secondary schools (per inhabitable area 100 km2)
3.01
Percentage of persons employed
95.8%
Unemployment rate (Both sexes)
4.2%
Percentage of owned houses
63.6%
Number of retail stores (per 1,000 persons)
8.69
Number of eating and drinking places (per 1,000 persons)
4.25
Number of department stores and general merchandise stores (per 100,000 persons)
0.9
Number of traffic accidents (per 100,000 persons)
205.1
Number of recognitions of criminal offenses (per 1,000 persons)
2.59
Amount of damage by disasters (per capita)(30 years average)
￥20509
Areas in Oita
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Oita City | ￥189,473 | 16.6% |
| Beppu City | ￥154,737 | 38.4% |
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