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

Minami Ward, Saitama 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
¥33.0M
¥527k/m²
Median house price (land + building)
¥51.0M
Residential land per m² (sales)
¥390k/m²
+50.0% over 5 years
Transactions in 2025
365
#7 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 4.6% a year over the past five years, faster than the 2.8% 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.

Lagging Saitama

Per m², condos here are 40% above the Saitama average. The premium was 50% ten years ago, so the rest of Saitama has been catching up.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 65% 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

68% 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.

Sales are thinning out

Transactions are down about 16% 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 condo sales last year were between ¥21.0M and ¥46.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 2.4% between 2020 and 2025 (−0.8% for the wider area). Moves in and out roughly balanced in 2025.

Few abandoned homes

12.4% of homes were empty in 2023 (9.3% for the wider area), and 1.5% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Buying vs renting

A median used condo costs about 36.8 years of the area's median rent (¥75k a month), compared with 33.5 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 70% chance of shaking of intensity 6-lower or stronger in the next 30 years (52% 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +3% in the year to January 2026 and +16% over five years. They are still 37% 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, 61% are inside the worst-case flood zone (4% 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 Minami Ward, Saitama City: people, homes and risks

Population 2025
196,111
+2.4% since 2020
Saitama: -0.8%
Net moves in 2025
+343
+1.75 per 1,000 residents
Saitama: +3.08
Vacant homes (2023)
12.4%
1.5% empty and not for rent or sale
Saitama: 9.3%
Median rent (2023)
¥75k
per month, all rented homes
Saitama: ¥62k
Strong earthquake risk
69.6%
chance of shaking of intensity 6-lower or more within 30 years
Saitama: 52.1%
Official land price 2026
¥300k/m²
+3.0% in a year · +15.6% in 5 years
Saitama: ¥122k/m²
Flood exposure
60.9%
of 23 benchmark sites in a worst-case flood zone (4.3% 3 m or deeper)
Saitama: 45.4%
Landslide exposure
0.0%
of 23 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 Minami Ward, Saitama 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-priced2026 Q1

¥19.0M

¥292k/m²

  • Yotsuya
  • Musashi Urawa · 15 min walk
  • 3LDK · 65 m²
  • Built 1992 (34 yrs) · RC
Typical2025 Q3

¥34.0M

¥567k/m²

  • Shirahata
  • Musashi Urawa · 15 min walk
  • 3LDK · 60 m²
  • Built 1994 (31 yrs) · SRC
Higher-priced2025 Q3

¥50.0M

¥667k/m²

  • Shikatebukuro
  • Musashi Urawa · 12 min walk
  • 3LDK · 75 m²
  • Built 2005 (20 yrs) · RC

House

Lower-priced2026 Q1

¥37.0M

¥529k/m²

  • Daitakubo
  • Minami Urawa · 16 min walk
  • Land 50 m² · floor 70 m²
  • Built 2025 (1 yrs) · Wood
Typical2025 Q4

¥51.0M

¥537k/m²

  • Daitakubo
  • Urawa · 21 min walk
  • Land 100 m² · floor 95 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q3

¥75.0M

¥682k/m²

  • Oaza Daitakubo
  • Minami Urawa · 18 min walk
  • Land 100 m² · floor 110 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥17.0M¥38.0M
2006¥30.0M¥38.0M
2007¥21.0M¥41.0M
2008¥22.0M¥42.0M
2009¥19.0M¥38.0M
2010¥22.0M¥37.0M
2011¥23.0M¥38.0M
2012¥20.0M¥37.0M
2013¥22.0M¥39.0M
2014¥19.5M¥38.0M
2015¥32.0M¥39.0M
2016¥35.0M¥41.0M
2017¥26.5M¥39.0M
2018¥26.0M¥42.0M
2019¥30.0M¥39.0M
2020¥29.0M¥41.0M
2021¥27.0M¥42.0M
2022¥34.0M¥45.0M
2023¥30.0M¥53.0M
2024¥35.0M¥46.0M
2025¥33.0M¥51.0M
2026 (partial)¥42.0M–
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 15% 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.
¥0¥200k¥400k¥600k¥800k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥253k/m²¥370k/m²¥210k/m²
2006¥486k/m²¥368k/m²¥220k/m²
2007¥341k/m²¥365k/m²¥240k/m²
2008¥327k/m²¥390k/m²¥280k/m²
2009¥292k/m²¥365k/m²¥210k/m²
2010¥335k/m²¥356k/m²¥260k/m²
2011¥350k/m²¥367k/m²¥240k/m²
2012¥323k/m²¥355k/m²¥210k/m²
2013¥347k/m²¥347k/m²¥210k/m²
2014¥300k/m²¥354k/m²¥260k/m²
2015¥481k/m²¥360k/m²¥260k/m²
2016¥614k/m²¥389k/m²¥240k/m²
2017¥417k/m²¥380k/m²¥240k/m²
2018¥412k/m²¥411k/m²¥290k/m²
2019¥462k/m²¥395k/m²¥255k/m²
2020¥433k/m²¥410k/m²¥260k/m²
2021¥444k/m²¥421k/m²¥300k/m²
2022¥523k/m²¥453k/m²¥300k/m²
2023¥538k/m²¥505k/m²¥365k/m²
2024¥592k/m²¥470k/m²¥410k/m²
2025¥527k/m²¥480k/m²¥390k/m²
2026 (partial)¥700k/m²––
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 17 years old and half by around 31. Prices keep falling by roughly 3.1% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥482k/m²
1–¥451k/m²
2–¥517k/m²
3¥770k/m²–
4¥800k/m²–
5¥857k/m²–
6¥877k/m²–
7¥971k/m²–
8¥893k/m²–
9¥806k/m²–
11¥789k/m²–
13¥650k/m²–
14¥615k/m²–
15¥588k/m²–
16¥627k/m²–
17¥661k/m²–
18¥580k/m²–
19¥579k/m²–
20¥615k/m²–
21¥500k/m²–
22¥573k/m²–
23¥623k/m²–
24¥547k/m²–
25¥600k/m²–
26¥528k/m²–
27¥452k/m²–
28¥523k/m²¥250k/m²
29¥538k/m²–
30¥417k/m²–
31¥350k/m²¥276k/m²
32¥340k/m²¥276k/m²
33¥347k/m²–
34¥380k/m²¥300k/m²
35¥333k/m²–
36¥382k/m²¥397k/m²
37¥358k/m²–
38¥333k/m²–
39¥343k/m²–
48¥255k/m²–
49¥283k/m²–
50¥257k/m²¥250k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M20052007200920112013201520172019202120232025

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
Year1981-20002001-20102011-2020
2005¥250k/m²––
2006¥339k/m²¥557k/m²–
2007¥317k/m²¥462k/m²–
2008¥304k/m²¥447k/m²–
2009¥285k/m²¥388k/m²–
2010¥314k/m²¥446k/m²–
2011¥318k/m²¥462k/m²–
2012¥289k/m²¥462k/m²–
2013¥320k/m²¥443k/m²¥682k/m²
2014¥280k/m²¥426k/m²–
2015¥300k/m²¥446k/m²¥700k/m²
2016¥369k/m²¥429k/m²¥767k/m²
2017¥357k/m²¥492k/m²¥785k/m²
2018¥383k/m²¥538k/m²–
2019¥385k/m²¥529k/m²¥677k/m²
2020¥371k/m²¥480k/m²¥693k/m²
2021¥372k/m²¥554k/m²¥830k/m²
2022¥438k/m²¥541k/m²¥800k/m²
2023¥400k/m²¥615k/m²¥950k/m²
2024¥432k/m²¥680k/m²¥923k/m²
2025¥433k/m²¥613k/m²¥907k/m²
House price per m² by construction period
¥0¥200k¥400k¥600k20052007200920112013201520172019202120232025

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––¥381k/m²–
2006–¥292k/m²¥410k/m²–
2007–¥272k/m²¥432k/m²–
2008–¥271k/m²¥430k/m²–
2009–¥231k/m²¥390k/m²–
2010–¥236k/m²¥375k/m²–
2011–¥250k/m²–¥411k/m²
2012–¥267k/m²–¥380k/m²
2013–¥235k/m²–¥371k/m²
2014–¥277k/m²–¥390k/m²
2015¥268k/m²¥247k/m²–¥389k/m²
2016–¥278k/m²–¥415k/m²
2017–¥217k/m²–¥400k/m²
2018–¥333k/m²–¥429k/m²
2019–¥318k/m²–¥400k/m²
2020–¥267k/m²–¥411k/m²
2021–¥278k/m²–¥405k/m²
2022–¥250k/m²––
2023–¥378k/m²––
2024–¥368k/m²––
2025–¥280k/m²––

Prices near train stations in Minami Ward, Saitama City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Musashi Urawa (武蔵浦和)¥34.0M¥571k/m²¥57.0M11340
Minami Urawa (南浦和)¥33.0M¥550k/m²¥50.0M15318
Kita Toda (北戸田)¥23.0M¥400k/m²¥53.0M1476
Nishi Urawa (西浦和)¥22.5M¥360k/m²¥40.0M1460
Higashi Urawa (東浦和)––¥38.0M2356
Naka Urawa (中浦和)¥36.0M¥616k/m²¥60.5M756
Urawa (浦和)––¥52.0M1649

Used condo prices by layout in Minami Ward, Saitama City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥35.0M65 m²284
2LDK¥31.0M55 m²80
4LDK¥41.5M80 m²40
1K¥7.0M20 m²28
1LDK¥31.0M35 m²21
2DK¥22.0M60 m²11

How much does an apartment cost in Minami Ward, Saitama City?

The median used condo (mansion) in Minami Ward, Saitama City sold for ¥33.0M in 2025, about ¥527k/m², based on 157 recorded sales.

How much does a house cost in Minami Ward, Saitama City?

The median house sale, including the land, was ¥51.0M in 2025 across 144 sales.

Are property prices in Minami Ward, Saitama City going up?

Over the five years to 2025, condo prices per m² changed +21.7% and residential land prices changed +50.0%.

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.