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

Tokorozawa 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
¥24.0M
¥360k/m²
Median house price (land + building)
¥34.0M
-7.4% vs 2024
Residential land per m² (sales)
¥140k/m²
0.0% over 5 years
Transactions in 2025
701
#16 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 3.5% a year over the past five years, faster than the 1% 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 11% below the Saitama average. Ten years ago the gap was 10%, so Tokorozawa City has been falling behind the rest of Saitama.

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 family market

69% 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 11% 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 ¥14.0M and ¥32.0M. 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 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 3.5 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

8.5% of homes were empty in 2023 (9.3% for the wider area), and 2.1% 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 31.5 years of the area's median rent (¥64k 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.

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 +3% in the year to January 2026 and +13% over five years. They are still 54% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

Living in Tokorozawa City: people, homes and risks

Population 2025
342,575
+0.0% since 2020
Saitama: -0.8%
Net moves in 2025
+1,208
+3.53 per 1,000 residents
Saitama: +3.08
Vacant homes (2023)
8.5%
2.1% empty and not for rent or sale
Saitama: 9.3%
Median rent (2023)
¥64k
per month, all rented homes
Saitama: ¥62k
Strong earthquake risk
45.0%
chance of shaking of intensity 6-lower or more within 30 years
Saitama: 52.1%
Official land price 2026
¥178k/m²
+2.6% in a year · +12.6% in 5 years
Saitama: ¥122k/m²
Flood exposure
0.0%
of 59 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Saitama: 45.4%
Landslide exposure
0.0%
of 59 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 Tokorozawa 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

¥14.0M

¥233k/m²

  • Kitaharacho
  • Koku Koen · 21 min walk
  • 3LDK · 60 m²
  • Built 1983 (42 yrs) · RC
Typical2026 Q1

¥24.0M

¥343k/m²

  • Kotesashicho
  • Kotesashi · 5 min walk
  • 3LDK · 70 m²
  • Built 1983 (43 yrs) · SRC
Higher-priced2025 Q4

¥32.0M

¥457k/m²

  • Keyakidai
  • Shin Tokorozawa · 8 min walk
  • 3LDK · 70 m²
  • Built 2001 (24 yrs) · RC

House

Lower-priced2025 Q4

¥19.0M

¥86k/m²

  • Oaza Arahata
  • Shimo Yamaguchi · 6 min walk
  • Land 400 m² · floor 220 m²
  • Built 1979 (46 yrs) · Wood
Typical2026 Q1

¥37.0M

¥352k/m²

  • Koyocho
  • Shin Tokorozawa · 16 min walk
  • Land 120 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥55.0M

¥579k/m²

  • Oaza Ushinuma
  • Tokorozawa · 26 min walk
  • Land 125 m² · floor 95 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¥18.0M¥32.0M
2008¥19.0M¥30.0M
2009¥17.0M¥29.0M
2010¥17.0M¥30.0M
2011¥17.0M¥30.0M
2012¥16.0M¥28.0M
2013¥16.0M¥28.5M
2014¥16.5M¥28.0M
2015¥19.0M¥28.0M
2016¥18.0M¥30.0M
2017¥18.0M¥30.0M
2018¥19.0M¥30.5M
2019¥17.0M¥30.0M
2020¥18.0M¥32.0M
2021¥23.0M¥33.0M
2022¥22.0M¥35.0M
2023¥25.0M¥37.0M
2024¥21.0M¥37.0M
2025¥24.0M¥34.0M
2026 (partial)–¥39.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 8% 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¥300k/m²¥318k/m²¥160k/m²
2008¥294k/m²¥313k/m²¥170k/m²
2009¥273k/m²¥290k/m²¥120k/m²
2010¥286k/m²¥295k/m²¥130k/m²
2011¥263k/m²¥300k/m²¥140k/m²
2012¥267k/m²¥294k/m²¥120k/m²
2013¥246k/m²¥275k/m²¥130k/m²
2014¥274k/m²¥250k/m²¥140k/m²
2015¥296k/m²¥266k/m²¥130k/m²
2016¥286k/m²¥289k/m²¥140k/m²
2017¥275k/m²¥286k/m²¥140k/m²
2018¥300k/m²¥290k/m²¥140k/m²
2019¥291k/m²¥300k/m²¥135k/m²
2020¥309k/m²¥320k/m²¥140k/m²
2021¥364k/m²¥322k/m²¥120k/m²
2022¥364k/m²¥341k/m²¥150k/m²
2023¥369k/m²¥370k/m²¥170k/m²
2024¥354k/m²¥340k/m²¥150k/m²
2025¥360k/m²¥315k/m²¥140k/m²
2026 (partial)–¥360k/m²¥150k/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 19 years old and half by around 32. Prices keep falling by roughly 4.4% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.Houses bottom out at around 27 years — House prices per m² drop about 55% from new by age 27, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥418k/m²
1–¥405k/m²
3–¥367k/m²
4–¥400k/m²
5¥550k/m²–
6–¥343k/m²
7¥512k/m²¥324k/m²
8¥711k/m²¥333k/m²
9¥584k/m²¥347k/m²
10¥541k/m²¥350k/m²
11–¥311k/m²
13¥479k/m²¥279k/m²
14–¥278k/m²
15¥417k/m²–
16¥441k/m²¥241k/m²
17¥467k/m²¥294k/m²
18¥383k/m²¥278k/m²
19¥427k/m²¥212k/m²
20¥380k/m²¥300k/m²
21¥392k/m²¥235k/m²
22¥450k/m²¥263k/m²
23¥473k/m²¥263k/m²
24¥459k/m²¥228k/m²
25¥455k/m²¥217k/m²
26¥413k/m²¥175k/m²
27¥400k/m²¥218k/m²
28¥364k/m²¥161k/m²
29¥339k/m²¥183k/m²
30¥357k/m²¥228k/m²
31¥319k/m²¥190k/m²
32¥237k/m²¥189k/m²
33¥262k/m²¥212k/m²
34¥165k/m²¥210k/m²
35–¥193k/m²
36¥229k/m²¥187k/m²
37¥228k/m²¥162k/m²
38¥203k/m²¥156k/m²
39¥213k/m²¥235k/m²
40¥231k/m²¥210k/m²
41¥292k/m²¥188k/m²
42¥253k/m²¥128k/m²
43¥195k/m²¥187k/m²
44–¥141k/m²
45¥200k/m²¥151k/m²
46–¥187k/m²
47¥245k/m²¥167k/m²
48¥215k/m²¥100k/m²
49–¥110k/m²
50¥121k/m²¥105k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k2007200920112013201520172019202120232025

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–¥289k/m²¥427k/m²–
2008–¥283k/m²¥413k/m²–
2009–¥246k/m²¥360k/m²–
2010–¥250k/m²¥465k/m²–
2011–¥241k/m²¥350k/m²–
2012¥150k/m²¥256k/m²¥352k/m²–
2013¥148k/m²¥239k/m²¥359k/m²–
2014¥146k/m²¥252k/m²¥357k/m²–
2015¥151k/m²¥273k/m²¥365k/m²¥471k/m²
2016¥200k/m²¥282k/m²¥388k/m²–
2017–¥257k/m²¥363k/m²–
2018–¥273k/m²¥363k/m²–
2019¥200k/m²¥275k/m²¥387k/m²–
2020¥176k/m²¥277k/m²¥383k/m²¥477k/m²
2021¥187k/m²¥343k/m²¥400k/m²¥528k/m²
2022¥183k/m²¥346k/m²¥422k/m²¥585k/m²
2023–¥345k/m²¥429k/m²¥615k/m²
2024¥172k/m²¥354k/m²––
2025–¥327k/m²¥452k/m²¥632k/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¥183k/m²¥246k/m²¥376k/m²–
2008¥167k/m²¥236k/m²¥381k/m²–
2009¥160k/m²¥188k/m²¥344k/m²–
2010¥162k/m²¥209k/m²¥344k/m²¥384k/m²
2011¥150k/m²¥211k/m²¥295k/m²¥358k/m²
2012¥152k/m²¥200k/m²¥277k/m²¥350k/m²
2013¥118k/m²¥192k/m²¥243k/m²¥340k/m²
2014¥138k/m²¥182k/m²¥219k/m²¥328k/m²
2015¥142k/m²¥190k/m²¥259k/m²¥340k/m²
2016¥114k/m²¥200k/m²¥251k/m²¥343k/m²
2017¥111k/m²¥206k/m²¥236k/m²¥350k/m²
2018¥135k/m²¥190k/m²¥290k/m²¥339k/m²
2019¥105k/m²¥177k/m²¥241k/m²¥370k/m²
2020¥115k/m²¥192k/m²¥244k/m²¥356k/m²
2021¥118k/m²¥171k/m²¥247k/m²¥335k/m²
2022¥118k/m²¥233k/m²¥267k/m²¥342k/m²
2023¥146k/m²¥200k/m²¥250k/m²¥354k/m²
2024¥124k/m²¥222k/m²¥247k/m²–
2025¥105k/m²¥188k/m²¥272k/m²–

Prices near train stations in Tokorozawa City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Shin Tokorozawa (新所沢)¥22.0M¥329k/m²¥37.0M12285
Kotesashi (小手指)¥24.0M¥343k/m²¥40.0M11256
Tokorozawa (所沢)¥38.5M¥571k/m²¥38.0M12241
Sayamagaoka (狭山ケ丘)¥27.0M¥386k/m²¥24.0M11190
Nishi Tokorozawa (西所沢)¥23.0M¥357k/m²¥41.0M10182
Higashi Tokorozawa (東所沢)¥18.0M¥314k/m²¥41.0M14138
Koku Koen (航空公園)¥25.0M¥385k/m²¥54.0M2391
Shimo Yamaguchi (下山口)¥9.6M¥164k/m²¥28.0M1187
Akitsu(Tokyo) (秋津)––¥34.5M1543
Seibukyujo Mae (西武球場前)––¥16.5M1121

Used condo prices by layout in Tokorozawa City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥25.0M65 m²244
2LDK¥18.5M55 m²70
4LDK¥32.0M85 m²23
1K¥5.6M20 m²22

How much does an apartment cost in Tokorozawa City?

The median used condo (mansion) in Tokorozawa City sold for ¥24.0M in 2025, about ¥360k/m², based on 145 recorded sales.

How much does a house cost in Tokorozawa City?

The median house sale, including the land, was ¥34.0M in 2025 across 373 sales.

Are property prices in Tokorozawa City going up?

Over the five years to 2025, condo prices per m² changed +16.5% and residential land prices changed 0.0%.

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.