Shinsekai, Osaka
Photo: Shinsekai, Osaka · Nomadic Julien / Unsplash

Taisho Ward, Osaka 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
¥20.0M
¥800k/m²
Median house price (land + building)
¥22.0M
Transactions in 2025
156
#8 of 68 areas in Osaka by price per m²

What the data says

Outperforming Osaka

Per m², condos here are 25% above the Osaka average. The premium has grown from 4% ten years ago, so Taisho Ward, Osaka City has been outperforming its surroundings.

Station distance barely matters

Condos 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

A market for singles and investors

44% of recent condo sales are studios or 1K/1DK units, typical of rental investment and single workers. Small units are easy to rent but sensitive to new supply. Families will find fewer options.

Sales are picking up

There were about 29% more transactions in the last three years than the three before, so the market is liquid and selling later should be easier.

What a typical purchase costs

Half of all condo sales last year were between ¥17.0M and ¥27.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.2% between 2020 and 2025 (−0.8% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 4.8% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

17.7% of homes were empty in 2023 (14.2% for the wider area), and 6.3% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Buying vs renting

A median used condo costs about 36.3 years of the area's median rent (¥46k a month), compared with 31.7 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

High earthquake risk

The government's seismic model gives a 57% chance of shaking of intensity 6-lower or stronger in the next 30 years (43% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

Official land prices are rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +4% in the year to January 2026 and +9% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 100% are in a tsunami inundation 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 Taisho Ward, Osaka City: people, homes and risks

Population 2025
60,125
-3.2% since 2020
Osaka: -0.8%
Net moves in 2025
-72
-1.2 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
17.7%
6.3% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥46k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
57.1%
chance of shaking of intensity 6-lower or more within 30 years
Osaka: 43.3%
Official land price 2026
¥202k/m²
+4.0% in a year · +8.9% in 5 years
Osaka: ¥145k/m²
Flood exposure
0.0%
of 5 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Osaka: 42.5%
Tsunami exposure
100.0%
of 5 benchmark sites in a tsunami inundation zone
Osaka: 10.2%
Landslide exposure
0.0%
of 5 benchmark sites in a landslide warning area
Osaka: 1.4%

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 Taisho Ward, Osaka 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-priced2025 Q4

¥16.0M

¥800k/m²

  • Sangen-yanishi
  • Taisho(Osaka) · 3 min walk
  • 1K · 20 m²
  • Built 2021 (4 yrs) · RC
Typical2025 Q4

¥20.0M

¥1.0M/m²

  • Izuo
  • Taisho(Osaka) · 9 min walk
  • 1K · 20 m²
  • Built 2019 (6 yrs) · RC
Higher-priced2026 Q2

¥26.0M

¥347k/m²

  • Izuo
  • Taisho(Osaka) · 24 min walk
  • 4LDK · 75 m²
  • Built 1999 (27 yrs) · SRC

House

Lower-priced2025 Q4

¥9.5M

¥112k/m²

  • Hirao
  • Taisho(Osaka)
  • Land 75 m² · floor 85 m²
  • Built 1968 (57 yrs) · Wood
Typical2026 Q1

¥24.0M

¥192k/m²

  • Izuo
  • Taisho(Osaka) · 18 min walk
  • Land 115 m² · floor 125 m²
  • Built 1958 (68 yrs) · Wood
Higher-priced2026 Q1

¥36.0M

¥343k/m²

  • Izuo
  • Taisho(Osaka) · 21 min walk
  • Land 65 m² · floor 105 m²
  • Built 2018 (8 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 29% between 2023 and 2025. Prices per m² rose 52% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 84 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥10.0M¥20.0M¥30.0M¥40.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005–¥32.0M
2006–¥27.0M
2007¥8.0M¥29.0M
2008–¥28.0M
2009¥19.0M¥28.0M
2010¥16.0M¥27.5M
2011¥18.5M¥21.0M
2012¥15.0M¥24.5M
2013¥14.0M¥20.0M
2014¥18.0M¥16.0M
2015¥15.0M¥23.0M
2016¥15.5M¥18.0M
2017¥18.0M¥19.5M
2018–¥22.0M
2019–¥22.0M
2020¥18.0M¥20.0M
2021¥18.0M¥26.0M
2022¥18.5M¥12.0M
2023¥18.0M¥17.0M
2024¥18.0M¥18.0M
2025¥20.0M¥22.0M
2026 (partial)–¥18.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 71% 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. That gap has widened over the decade as condo prices pulled ahead.
¥0¥200k¥400k¥600k¥800k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005–¥233k/m²–
2006–¥187k/m²–
2007¥340k/m²¥198k/m²¥190k/m²
2008–¥215k/m²–
2009¥247k/m²¥190k/m²–
2010¥232k/m²¥160k/m²–
2011¥262k/m²¥165k/m²¥180k/m²
2012¥242k/m²¥178k/m²¥180k/m²
2013¥236k/m²¥156k/m²¥155k/m²
2014¥300k/m²¥133k/m²¥120k/m²
2015¥282k/m²¥187k/m²¥155k/m²
2016¥248k/m²¥130k/m²¥180k/m²
2017¥307k/m²¥196k/m²–
2018–¥153k/m²¥160k/m²
2019–¥193k/m²–
2020¥391k/m²¥146k/m²¥210k/m²
2021¥600k/m²¥212k/m²¥185k/m²
2022¥478k/m²¥123k/m²–
2023¥427k/m²¥138k/m²¥200k/m²
2024¥506k/m²¥175k/m²¥240k/m²
2025¥800k/m²¥209k/m²–
2026 (partial)–¥159k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥900k/m²¥338k/m²
1¥925k/m²–
7¥850k/m²–
8¥775k/m²–
9¥833k/m²–
33¥333k/m²–
44–¥116k/m²
46–¥122k/m²
47–¥90k/m²
50–¥101k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2005200720092011201320152017201920212023

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
2005––¥349k/m²–
2006–¥131k/m²¥347k/m²–
2009–¥136k/m²¥337k/m²–
2012–¥124k/m²––
2017–––¥320k/m²
2023–¥123k/m²––
2024¥108k/m²–––

Prices near train stations in Taisho Ward, Osaka City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Taisho(Osaka) (大正(大阪))¥18.0M¥554k/m²¥18.5M10397

Used condo prices by layout in Taisho Ward, Osaka City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥17.0M20 m²53
3LDK¥27.0M65 m²37
2LDK¥20.5M60 m²16
1LDK¥27.0M30 m²11

How much does an apartment cost in Taisho Ward, Osaka City?

The median used condo (mansion) in Taisho Ward, Osaka City sold for ¥20.0M in 2025, about ¥800k/m², based on 58 recorded sales.

How much does a house cost in Taisho Ward, Osaka City?

The median house sale, including the land, was ¥22.0M in 2025 across 84 sales.

Are property prices in Taisho Ward, Osaka City going up?

Over the five years to 2025, condo prices per m² changed +104.7%.

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.