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

Shiki 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
¥25.0M
¥354k/m²
Median house price (land + building)
¥31.0M
Transactions in 2025
139
#19 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 2.8% a year over the past five years, faster than the 1.4% 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 12% below the Saitama average. Ten years ago the gap was 27%, so Shiki City has been falling behind the rest of Saitama.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 24% 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

79% 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 28% 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 ¥17.3M and ¥32.8M. 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 2.3 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

5.2% of homes were empty in 2023 (9.3% for the wider area), and 2.4% 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 30.9 years of the area's median rent (¥68k 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 63% 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 +13% 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.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 44% are inside the worst-case flood zone (44% 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 Shiki City: people, homes and risks

Population 2025
75,032
-0.4% since 2020
Saitama: -0.8%
Net moves in 2025
+173
+2.31 per 1,000 residents
Saitama: +3.08
Vacant homes (2023)
5.2%
2.4% empty and not for rent or sale
Saitama: 9.3%
Median rent (2023)
¥68k
per month, all rented homes
Saitama: ¥62k
Strong earthquake risk
63.2%
chance of shaking of intensity 6-lower or more within 30 years
Saitama: 52.1%
Official land price 2026
¥269k/m²
+2.6% in a year · +12.8% in 5 years
Saitama: ¥122k/m²
Flood exposure
44.4%
of 9 benchmark sites in a worst-case flood zone (44.4% 3 m or deeper)
Saitama: 45.4%
Landslide exposure
0.0%
of 9 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 Shiki 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 Q2

¥14.0M

¥200k/m²

  • Tate
  • Yanasegawa · 4 min walk
  • 3LDK · 70 m²
  • Built 1981 (45 yrs) · RC
Typical2026 Q1

¥24.0M

¥369k/m²

  • Kashiwacho
  • Yanasegawa · 6 min walk
  • 2LDK · 65 m²
  • Built 1988 (38 yrs) · RC
Higher-priced2025 Q4

¥34.0M

¥567k/m²

  • Saiwaicho
  • Shiki(Saitama) · 10 min walk
  • 2LDK · 60 m²
  • Built 1986 (39 yrs) · SRC

House

Lower-priced2026 Q1

¥10.0M

¥87k/m²

  • Nakamuneoka
  • Shiki(Saitama)
  • Land 105 m² · floor 115 m²
  • Built 1975 (51 yrs) · Wood
Typical2026 Q1

¥25.0M

¥250k/m²

  • Kamimuneoka
  • Shiki(Saitama)
  • Land 115 m² · floor 100 m²
  • Built 2007 (19 yrs) · Wood
Higher-priced2025 Q4

¥48.0M

¥533k/m²

  • Honcho
  • Shiki(Saitama) · 8 min walk
  • Land 65 m² · floor 90 m²
  • Built 2019 (6 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥17.0M¥37.0M
2008¥17.0M¥31.0M
2009¥17.0M¥30.0M
2010¥18.5M¥28.0M
2011¥18.0M¥31.0M
2012¥20.0M¥29.0M
2013¥27.0M¥32.0M
2014¥21.5M¥27.0M
2015¥24.5M¥29.0M
2016¥25.0M¥31.0M
2017¥25.0M¥33.0M
2018¥18.0M¥31.5M
2019¥21.0M¥30.0M
2020¥24.0M¥35.0M
2021¥22.0M¥33.0M
2022¥27.0M¥36.0M
2023¥22.0M¥34.0M
2024¥22.0M¥39.0M
2025¥25.0M¥31.0M
2026 (partial)¥19.0M–
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 9% 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¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥282k/m²¥315k/m²¥180k/m²
2008¥259k/m²¥306k/m²¥250k/m²
2009¥246k/m²¥260k/m²¥190k/m²
2010¥282k/m²¥284k/m²¥220k/m²
2011¥275k/m²¥277k/m²¥175k/m²
2012¥286k/m²¥287k/m²¥245k/m²
2013¥362k/m²¥320k/m²¥185k/m²
2014¥291k/m²¥262k/m²¥170k/m²
2015¥369k/m²¥290k/m²¥210k/m²
2016¥338k/m²¥314k/m²¥180k/m²
2017¥333k/m²¥300k/m²¥175k/m²
2018¥257k/m²¥316k/m²¥205k/m²
2019¥280k/m²¥297k/m²¥210k/m²
2020¥333k/m²¥337k/m²¥195k/m²
2021¥300k/m²¥333k/m²¥210k/m²
2022¥380k/m²¥330k/m²¥280k/m²
2023¥367k/m²¥275k/m²¥200k/m²
2024¥351k/m²¥370k/m²–
2025¥354k/m²¥271k/m²–
2026 (partial)¥292k/m²––
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥400k/m²
1–¥367k/m²
15¥333k/m²–
17¥667k/m²–
19¥508k/m²–
37¥333k/m²–
38¥359k/m²–
40¥243k/m²–
41¥243k/m²–
42¥292k/m²–
43¥259k/m²–
44¥262k/m²–
50–¥215k/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
Year1981-20002011-2020
2007¥280k/m²–
2008¥243k/m²–
2009¥250k/m²–
2010¥255k/m²–
2011¥243k/m²–
2012¥267k/m²–
2013¥243k/m²¥387k/m²
2014¥254k/m²–
2015¥240k/m²¥428k/m²
2016¥308k/m²–
2017¥310k/m²–
2018¥240k/m²–
2019¥253k/m²–
2020¥274k/m²–
2021¥300k/m²–
2022¥343k/m²–
2023¥304k/m²–
2024¥330k/m²–
2025¥291k/m²–
House price per m² by construction period
¥0¥200k¥400k¥600k200720092011201320152017201920212023

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
2007–¥423k/m²–
2008–¥364k/m²–
2009–¥319k/m²–
2010–¥316k/m²–
2011––¥379k/m²
2012––¥362k/m²
2013––¥363k/m²
2014––¥295k/m²
2015––¥360k/m²
2016––¥338k/m²
2017––¥347k/m²
2018––¥343k/m²
2019––¥353k/m²
2020––¥370k/m²
2022¥247k/m²––
2023¥176k/m²––

Prices near train stations in Shiki City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Shiki(Saitama) (志木)¥29.0M¥432k/m²¥35.0M16255
Yanasegawa (柳瀬川)¥19.0M¥260k/m²¥38.0M6104
Asakadai (朝霞台)––¥21.0M2815

Used condo prices by layout in Shiki City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥23.0M70 m²116
2LDK¥23.5M55 m²32
4LDK¥32.0M90 m²15

How much does an apartment cost in Shiki City?

The median used condo (mansion) in Shiki City sold for ¥25.0M in 2025, about ¥354k/m², based on 66 recorded sales.

How much does a house cost in Shiki City?

The median house sale, including the land, was ¥31.0M in 2025 across 57 sales.

Are property prices in Shiki City going up?

Over the five years to 2025, condo prices per m² changed +6.1%.

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.