Hot spring steam in Beppu, Oita
Photo: Hot spring steam in Beppu, Oita · Ian Kuik / Unsplash

Usa 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)
¥6.1M
Residential land per m² (sales)
¥12k/m²
+41.2% over 5 years
Transactions in 2025
55
#8 of 8 areas in Oita by price per m²

What the data says

A long, slow decline

House prices per m² have been falling for a decade, by about 2% a year recently. Prices are low, but resale values are likely to keep easing, so buy here to live, not as an investment.

Lagging Oita

Per m², houses here are 75% below the Oita average. Ten years ago the gap was 53%, so Usa City has been falling behind the rest of Oita.

Sales are thinning out

Transactions are down about 23% 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 ¥1.0M and ¥30.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 7.1% between 2020 and 2025 (−4.2% for the wider area). More people moved out than in during 2025 (about 4.7 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

25.6% of homes were empty in 2023 (19.1% for the wider area), and 18.4% 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 13% chance of shaking of intensity 6-lower or stronger in the next 30 years (37% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

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 0% in the year to January 2026 and -2% 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, 83% 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 Usa City: people, homes and risks

Population 2025
49,040
-7.1% since 2020
Oita: -4.2%
Net moves in 2025
-229
-4.67 per 1,000 residents
Oita: -2.76
Vacant homes (2023)
25.6%
18.4% empty and not for rent or sale
Oita: 19.1%
Median rent (2023)
¥44k
per month, all rented homes
Oita: ¥45k
Strong earthquake risk
12.9%
chance of shaking of intensity 6-lower or more within 30 years
Oita: 37.1%
Official land price 2026
¥12k/m²
-0.3% in a year · -1.6% in 5 years
Oita: ¥43k/m²
Flood exposure
83.3%
of 6 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Oita: 52.0%
Landslide exposure
0.0%
of 6 benchmark sites in a landslide warning area
Oita: 3.5%

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 Usa 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.

House

Lower-priced2026 Q2

¥500k

¥3k/m²

  • Oaza Kawabe
  • Yanagigaura
  • Land 380 m² · floor 150 m²
  • Built 1980 (46 yrs) · Wood
Typical2026 Q1

¥5.0M

¥25k/m²

  • Oaza Kamiotome
  • Buzen Zenkoji · 20 min walk
  • Land 860 m² · floor 200 m²
  • Built 1988 (38 yrs) · Wood
Higher-priced2025 Q4

¥22.0M

¥133k/m²

  • Oaza Nakaharu
  • Buzen Zenkoji
  • Land 350 m² · floor 165 m²
  • Built 1999 (26 yrs) · Wood
Median transaction price by yearA jump driven by what sold — The median house price rose 51% between 2023 and 2025. Per m², prices rose only 33%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 24 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥5.0M¥10.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥8.3M
2009¥6.2M
2010¥10.0M
2011¥8.3M
2012¥7.8M
2013¥4.0M
2014¥6.0M
2015¥5.5M
2016¥8.3M
2017¥8.5M
2018¥5.4M
2019¥3.8M
2020¥5.0M
2021¥4.4M
2022¥4.8M
2023¥4.0M
2024¥5.0M
2025¥6.1M
Median price per m² by year
¥0¥20k¥40k¥60k¥80k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥15k/m²
2008¥80k/m²¥11k/m²
2009¥41k/m²¥16k/m²
2010¥35k/m²¥16k/m²
2011¥56k/m²¥9k/m²
2012¥38k/m²¥9k/m²
2013¥29k/m²¥9k/m²
2014¥59k/m²¥7k/m²
2015¥39k/m²¥9k/m²
2016¥61k/m²¥9k/m²
2017¥53k/m²¥8k/m²
2018¥46k/m²¥8k/m²
2019¥35k/m²¥9k/m²
2020¥31k/m²¥9k/m²
2021¥40k/m²¥8k/m²
2022¥36k/m²¥8k/m²
2023¥38k/m²¥9k/m²
2024¥35k/m²¥10k/m²
2025¥25k/m²¥12k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥254k/m²
50¥19k/m²

Prices near train stations in Usa City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Yanagigaura (柳ケ浦)––¥5.5M934
Buzen Zenkoji (豊前善光寺)––¥9.8M1626
Usa (宇佐)––¥3.5M2812
Buzen Nagasu (豊前長洲)––¥2.9M2010

How much does a house cost in Usa City?

The median house sale, including the land, was ¥6.1M in 2025 across 24 sales.

Are property prices in Usa City going up?

Over the five years to 2025, residential land prices changed +41.2%.

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.