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

Yufu 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)
¥18.0M
Residential land per m² (sales)
¥24k/m²
+41.2% over 5 years
Transactions in 2025
82
#4 of 8 areas in Oita by price per m²

What the data says

Price growth is speeding up

House values per m² have risen about 8% a year over the past five years, faster than the 0.3% 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 Oita

Per m², houses here are priced close to the Oita average. The premium has grown from 17% ten years ago, so Yufu City has been outperforming its surroundings.

Sales are thinning out

Transactions are down about 10% 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 ¥5.0M and ¥30.0M. Listings outside that range are either unusual properties or worth a closer look.

A stable population

The population was roughly stable between 2020 and 2025 (−4.2% for the wider area). More people moved in than out in 2025, a net gain of about 4.3 per 1,000 residents, so demand for homes is being topped up by newcomers.

Many abandoned homes

29.8% of homes were empty in 2023 (19.1% for the wider area), and 9.4% 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. About 12.4% of homes are second homes, which points to a resort or holiday-home market.

Lower earthquake risk

The government's seismic model gives a 11% 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +1% in the year to January 2026 and +3% 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, 25% are inside the worst-case flood zone (13% with expected depths of 3 m or more), 25% 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 Yufu City: people, homes and risks

Population 2025
32,612
-0.5% since 2020
Oita: -4.2%
Net moves in 2025
+140
+4.29 per 1,000 residents
Oita: -2.76
Vacant homes (2023)
29.8%
9.4% empty and not for rent or sale
Oita: 19.1%
Median rent (2023)
¥48k
per month, all rented homes
Oita: ¥45k
Strong earthquake risk
11.3%
chance of shaking of intensity 6-lower or more within 30 years
Oita: 37.1%
Official land price 2026
¥33k/m²
+1.1% in a year · +2.8% in 5 years
Oita: ¥43k/m²
Flood exposure
25.0%
of 8 benchmark sites in a worst-case flood zone (12.5% 3 m or deeper)
Oita: 52.0%
Landslide exposure
25.0%
of 8 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 Yufu 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 Q1

¥3.0M

¥40k/m²

  • Yufuinchokawanishi
  • Minami Yufu · 23 min walk
  • Land 270 m² · floor 75 m²
  • Built 1989 (37 yrs) · Wood
Typical2026 Q1

¥11.0M

¥122k/m²

  • Hasamamachimukainoharu
  • Mukainoharu · 8 min walk
  • Land 400 m² · floor 90 m²
  • Built 1985 (41 yrs) · Wood
Higher-priced2025 Q4

¥24.0M

¥123k/m²

  • Yufuinchokawakita
  • Minami Yufu
  • Land 680 m² · floor 195 m²
  • Built 2011 (14 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥15.0M
2009¥14.5M
2010¥7.9M
2011¥8.6M
2012¥14.0M
2013¥14.0M
2014¥7.8M
2015¥12.5M
2016¥13.0M
2017¥21.0M
2018¥19.0M
2019¥15.0M
2020¥12.0M
2021¥6.5M
2022¥13.0M
2023¥19.0M
2024¥10.0M
2025¥18.0M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥16k/m²
2008¥116k/m²¥12k/m²
2009¥97k/m²¥23k/m²
2010¥83k/m²¥18k/m²
2011¥63k/m²¥18k/m²
2012¥133k/m²¥8k/m²
2013¥97k/m²¥9k/m²
2014¥83k/m²¥15k/m²
2015¥90k/m²¥6k/m²
2016¥98k/m²¥9k/m²
2017¥126k/m²¥15k/m²
2018¥123k/m²¥21k/m²
2019¥82k/m²¥11k/m²
2020¥89k/m²¥17k/m²
2021¥62k/m²¥12k/m²
2022¥116k/m²¥16k/m²
2023¥156k/m²¥16k/m²
2024¥135k/m²¥19k/m²
2025¥117k/m²¥24k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥282k/m²
50¥42k/m²

Prices near train stations in Yufu City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Yufuin (由布院)––¥13.0M1479
Mukainoharu (向之原)––¥25.5M1938

How much does a house cost in Yufu City?

The median house sale, including the land, was ¥18.0M in 2025 across 45 sales.

Are property prices in Yufu 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.