Kawagoe, Saitama
Photo: Kawagoe, Saitama · note thanun / Unsplash

Kawagoe 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
¥18.0M
¥305k/m²
Median house price (land + building)
¥30.0M
-7.9% vs 2024
Residential land per m² (sales)
¥92k/m²
+27.8% over 5 years
Transactions in 2025
788
#22 of 61 areas in Saitama by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 4.8% a year over the past five years, faster than the 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.

Moving with Saitama

Per m², condos here are 26% below the Saitama average. That position has barely changed in ten years, so it moves with the wider market.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 81% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

A family market

64% of recent condo sales have three or more bedrooms. Demand comes mainly from owner-occupier families, which tends to make prices steadier but rental yields lower.

What a typical purchase costs

Half of all condo sales last year were between ¥11.0M and ¥30.8M. 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 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 4 per 1,000 residents, so demand for homes is being topped up by newcomers.

Typical vacancy

9.2% of homes were empty in 2023 (9.3% for the wider area), and 5.1% 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 24.7 years of the area's median rent (¥61k a month), compared with 33.5 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 45% chance of shaking of intensity 6-lower or stronger in the next 30 years (52% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

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 +2% in the year to January 2026 and +10% over five years. They are still 51% 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, 33% are inside the worst-case flood zone (5% with expected depths of 3 m or more). 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 Kawagoe City: people, homes and risks

Population 2025
354,793
+0.1% since 2020
Saitama: -0.8%
Net moves in 2025
+1,418
+4 per 1,000 residents
Saitama: +3.08
Vacant homes (2023)
9.2%
5.1% empty and not for rent or sale
Saitama: 9.3%
Median rent (2023)
¥61k
per month, all rented homes
Saitama: ¥62k
Strong earthquake risk
45.4%
chance of shaking of intensity 6-lower or more within 30 years
Saitama: 52.1%
Official land price 2026
¥145k/m²
+2.1% in a year · +9.9% in 5 years
Saitama: ¥122k/m²
Flood exposure
33.3%
of 60 benchmark sites in a worst-case flood zone (5.0% 3 m or deeper)
Saitama: 45.4%
Landslide exposure
0.0%
of 60 benchmark sites in a landslide warning area
Saitama: 0.2%

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 Kawagoe 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 Q3

¥9.0M

¥150k/m²

  • Minamiotsuka
  • Minami Otsuka · 9 min walk
  • 2LDK · 60 m²
  • Built 1994 (31 yrs) · SRC
Typical2026 Q2

¥17.0M

¥567k/m²

  • Matsuecho
  • Hon Kawagoe · 12 min walk
  • 1DK · 30 m²
  • Built 1992 (34 yrs) · SRC
Higher-priced2025 Q4

¥37.0M

¥529k/m²

  • Minamidai
  • Minami Otsuka · 3 min walk
  • 3LDK · 70 m²
  • Built 2019 (6 yrs) · RC

House

Lower-priced2026 Q2

¥15.0M

¥176k/m²

  • Asahicho
  • Kawagoe · 20 min walk
  • Land 100 m² · floor 85 m²
  • Built 1986 (40 yrs) · Wood
Typical2026 Q1

¥30.0M

¥316k/m²

  • Imanari
  • Kawagoeshi · 18 min walk
  • Land 120 m² · floor 95 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥49.0M

¥490k/m²

  • Kaminodamachi
  • Kawagoeshi · 13 min walk
  • Land 170 m² · floor 100 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥10.0M¥27.0M
2008¥12.0M¥27.0M
2009¥11.0M¥25.0M
2010¥13.0M¥25.0M
2011¥12.5M¥23.0M
2012¥11.0M¥23.0M
2013¥11.0M¥24.0M
2014¥13.0M¥25.5M
2015¥10.0M¥25.0M
2016¥12.0M¥27.0M
2017¥12.0M¥26.0M
2018¥14.0M¥26.0M
2019¥13.0M¥26.0M
2020¥15.0M¥26.0M
2021¥14.0M¥29.0M
2022¥18.0M¥31.0M
2023¥16.0M¥32.0M
2024¥16.0M¥32.5M
2025¥18.0M¥30.0M
2026 (partial)¥17.0M¥34.0M
Median price per m² by yearHouses and condos cost about the same per m² — A m² of house floor costs roughly the same as a m² of condo, even though the house includes its land. That usually means land here is expensive, so a house is not a cheap way to get more space.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥185k/m²¥250k/m²¥89k/m²
2008¥200k/m²¥264k/m²¥98k/m²
2009¥180k/m²¥243k/m²¥99k/m²
2010¥200k/m²¥242k/m²¥83k/m²
2011¥200k/m²¥218k/m²¥73k/m²
2012¥183k/m²¥220k/m²¥72k/m²
2013¥191k/m²¥227k/m²¥99k/m²
2014¥218k/m²¥230k/m²¥86k/m²
2015¥185k/m²¥241k/m²¥91k/m²
2016¥220k/m²¥257k/m²¥88k/m²
2017¥214k/m²¥250k/m²¥96k/m²
2018¥240k/m²¥248k/m²¥95k/m²
2019¥215k/m²¥240k/m²¥100k/m²
2020¥252k/m²¥250k/m²¥72k/m²
2021¥240k/m²¥284k/m²¥85k/m²
2022¥295k/m²¥295k/m²¥95k/m²
2023¥284k/m²¥305k/m²¥85k/m²
2024¥287k/m²¥304k/m²¥79k/m²
2025¥305k/m²¥280k/m²¥92k/m²
2026 (partial)¥306k/m²¥290k/m²¥130k/m²
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥365k/m²
1–¥333k/m²
2–¥328k/m²
4–¥337k/m²
5–¥280k/m²
6–¥312k/m²
7–¥278k/m²
8–¥284k/m²
9–¥241k/m²
10–¥250k/m²
11–¥216k/m²
12¥467k/m²¥300k/m²
13¥500k/m²¥226k/m²
14¥483k/m²¥220k/m²
15–¥223k/m²
16¥429k/m²¥236k/m²
17¥386k/m²¥241k/m²
18¥403k/m²¥244k/m²
19¥350k/m²¥229k/m²
20¥400k/m²¥189k/m²
21¥388k/m²¥246k/m²
22¥452k/m²¥211k/m²
23¥431k/m²¥186k/m²
24¥387k/m²¥194k/m²
25¥285k/m²¥152k/m²
26¥364k/m²¥160k/m²
27¥333k/m²¥207k/m²
28¥255k/m²¥180k/m²
29¥277k/m²¥200k/m²
30¥236k/m²¥189k/m²
31¥267k/m²¥176k/m²
32¥267k/m²¥154k/m²
33¥262k/m²¥177k/m²
34¥215k/m²¥165k/m²
35¥225k/m²¥153k/m²
36¥180k/m²¥152k/m²
37¥152k/m²¥131k/m²
38¥225k/m²¥146k/m²
39¥115k/m²¥142k/m²
40¥138k/m²¥114k/m²
41¥130k/m²¥137k/m²
42¥160k/m²–
43¥215k/m²¥105k/m²
44–¥116k/m²
45–¥155k/m²
46–¥110k/m²
47–¥100k/m²
48–¥138k/m²
49–¥100k/m²
50–¥108k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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
Year1981-20002001-2010
2007¥182k/m²–
2008¥185k/m²¥450k/m²
2009¥147k/m²¥400k/m²
2010¥169k/m²¥386k/m²
2011¥162k/m²¥400k/m²
2012¥148k/m²¥345k/m²
2013¥163k/m²¥346k/m²
2014¥168k/m²¥331k/m²
2015¥163k/m²¥326k/m²
2016¥187k/m²¥386k/m²
2017¥177k/m²–
2018¥186k/m²¥374k/m²
2019¥187k/m²¥420k/m²
2020¥227k/m²¥483k/m²
2021¥213k/m²¥371k/m²
2022¥267k/m²¥425k/m²
2023¥255k/m²¥475k/m²
2024¥267k/m²–
2025¥250k/m²¥471k/m²
2026 (partial)¥228k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025

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
2007¥170k/m²¥200k/m²¥293k/m²–
2008¥185k/m²¥192k/m²¥291k/m²–
2009¥123k/m²¥171k/m²¥270k/m²–
2010¥132k/m²¥153k/m²¥274k/m²–
2011¥119k/m²¥159k/m²¥205k/m²¥256k/m²
2012¥90k/m²¥141k/m²¥212k/m²¥248k/m²
2013¥108k/m²¥141k/m²¥200k/m²¥270k/m²
2014¥117k/m²¥147k/m²¥190k/m²¥284k/m²
2015¥125k/m²¥138k/m²¥195k/m²¥290k/m²
2016¥114k/m²¥167k/m²¥233k/m²¥305k/m²
2017¥139k/m²¥140k/m²¥214k/m²¥292k/m²
2018¥110k/m²¥165k/m²¥216k/m²¥300k/m²
2019¥133k/m²¥155k/m²¥215k/m²¥295k/m²
2020¥113k/m²¥140k/m²¥219k/m²¥300k/m²
2021¥134k/m²¥160k/m²¥189k/m²¥307k/m²
2022¥111k/m²¥153k/m²¥250k/m²¥316k/m²
2023¥100k/m²¥168k/m²¥242k/m²¥288k/m²
2024¥105k/m²¥200k/m²¥219k/m²¥280k/m²
2025¥110k/m²¥158k/m²¥224k/m²¥262k/m²
2026 (partial)¥100k/m²¥178k/m²––

Prices near train stations in Kawagoe City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Kawagoe (川越)¥18.0M¥333k/m²¥43.0M14318
Hon Kawagoe (本川越)¥27.0M¥463k/m²¥32.5M11222
Shingashi (新河岸)¥14.5M¥256k/m²¥32.5M14216
Minami Furuya (南古谷)¥9.2M¥129k/m²¥27.5M13153
Minami Otsuka (南大塚)¥16.0M¥267k/m²¥30.0M15152
Kawagoeshi (川越市)¥27.0M¥413k/m²¥38.0M11123
Kami Fukuoka (上福岡)––¥23.5M14113
Kasumigaseki(Saitama) (霞ケ関(埼玉))––¥29.0M9101
Kasahata (笠幡)¥4.5M¥90k/m²¥23.5M1591
Matoba (的場)¥16.5M¥233k/m²¥28.0M1286
Tsurugashima (鶴ケ島)¥17.0M¥257k/m²¥27.0M1666
Nishi Kawagoe (西川越)––¥28.0M838

Used condo prices by layout in Kawagoe City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥19.0M65 m²232
2LDK¥18.0M55 m²85
1K¥4.2M15 m²23
4LDK¥24.0M80 m²21
2DK¥8.8M50 m²20
3DK¥9.5M50 m²19
1LDK¥19.0M45 m²11

How much does an apartment cost in Kawagoe City?

The median used condo (mansion) in Kawagoe City sold for ¥18.0M in 2025, about ¥305k/m², based on 134 recorded sales.

How much does a house cost in Kawagoe City?

The median house sale, including the land, was ¥30.0M in 2025 across 416 sales.

Are property prices in Kawagoe City going up?

Over the five years to 2025, condo prices per m² changed +21.0% and residential land prices changed +27.8%.

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.