Torii gate in Lake Biwa, Shiga
Photo: Torii gate in Lake Biwa, Shiga · alina ozerova / Unsplash

Shiga Housing Market 2026: Commuter Towns Holding Steady

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median used condo price
¥24.0M
¥343k/m² · +1.3% vs 2024
Median house price (land + building)
¥21.0M
+6.3% vs 2024
Residential land per m² (sales)
¥42k/m²
+2.4% over 5 years
Transactions in 2025
3,012
#10 of 47 areas in Japan by price per m²

One of the few prefectures without net out-migration

Shiga's population fell 1.5% between 2020 and 2025, much less than most of Japan, and in 2025 slightly more people moved in than out. Households grew 3.4%. Families from Kyoto and Osaka settle along the JR Biwako Line, which is why about 80% of condo sales are three-bedroom family homes.

Condo growth has slowed

Condo prices per m² rose about 2.7% a year over the last five years, down from 5.2% before. Otsu, next to Kyoto, is up about 43% in five years. Kusatsu, the most expensive city, has dipped slightly from its peak, after rapid growth in the 2010s. On the government's fixed benchmark sites, residential land has been roughly flat over five years and is half its 1991 level, while commercial land rose about 7%.

Buy vs rent is in line with Japan

A median condo costs about 38 years of the local median rent, close to the national figure. Condos hold value reasonably well, losing a quarter of their per-m² value by about 19 years old, and houses bottom out at land value after about 27 years.

Hazards

Shiga has relatively low earthquake risk for Kansai (about 21% chance of 6-lower shaking in 30 years). Half of benchmark sites are inside a worst-case flood zone around Lake Biwa and its rivers, but very few face deep flooding. Northern Shiga also gets more snow than many expect.

Living in Shiga: people, homes and risks

Population 2025
1,392,439
-1.5% since 2020
Japan: -2.5%
Net moves in 2025
+353
+0.25 per 1,000 residents
Vacant homes (2023)
12.3%
7.3% empty and not for rent or sale
Japan: 13.8%
Median rent (2023)
¥52k
per month, all rented homes
Japan: ¥57k
Strong earthquake risk
20.6%
chance of shaking of intensity 6-lower or more within 30 years
Japan: 38.4%
Official land price 2026
¥41k/m²
+0.9% in a year · +0.1% in 5 years
Japan: ¥74k/m²
Flood exposure
50.0%
of 322 benchmark sites in a worst-case flood zone (0.6% 3 m or deeper)
Japan: 42.6%
Landslide exposure
1.6%
of 322 benchmark sites in a landslide warning area
Japan: 2.6%

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); recorded crime: Tokyo Metropolitan Police Department (Tokyo only). Earthquake probability is measured at the municipal center.

Example sales in Shiga

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

¥13.0M

¥163k/m²

  • Ogaya, Otsu City
  • Seta(Shiga) · 8 min walk
  • 4LDK · 80 m²
  • Built 1985 (41 yrs) · RC
Typical2026 Q1

¥25.0M

¥385k/m²

  • Kagamigahama, Otsu City
  • Otsukyo · 19 min walk
  • 3LDK · 65 m²
  • Built 2008 (18 yrs) · RC
Higher-priced2026 Q1

¥38.0M

¥543k/m²

  • Nionohama, Otsu City
  • Zeze · 12 min walk
  • 3LDK · 70 m²
  • Built 2019 (7 yrs) · RC

House

Lower-priced2026 Q2

¥6.0M

¥48k/m²

  • Ano, Otsu City
  • Karasaki · 8 min walk
  • Land 95 m² · floor 125 m²
  • Built 1976 (50 yrs)
Typical2026 Q2

¥20.0M

¥174k/m²

  • Aoyama, Otsu City
  • Minami Kusatsu
  • Land 195 m² · floor 115 m²
  • Built 1989 (37 yrs) · Wood
Higher-priced2026 Q1

¥38.0M

¥380k/m²

  • Nishikoori, Otsu City
  • Otsukyo · 11 min walk
  • Land 135 m² · floor 100 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥13.0M¥20.0M
2008¥13.0M¥21.0M
2009¥17.0M¥21.0M
2010¥13.0M¥21.0M
2011¥16.0M¥20.0M
2012¥14.0M¥21.0M
2013¥16.0M¥21.0M
2014¥17.0M¥18.0M
2015¥17.0M¥19.0M
2016¥20.0M¥19.0M
2017¥18.0M¥19.0M
2018¥18.0M¥20.0M
2019¥20.0M¥21.0M
2020¥23.0M¥20.0M
2021¥20.0M¥20.0M
2022¥19.0M¥21.0M
2023¥22.0M¥19.0M
2024¥24.0M¥20.0M
2025¥24.0M¥21.0M
2026 (partial)¥25.0M¥19.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 54% 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¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥185k/m²¥163k/m²¥35k/m²
2008¥186k/m²¥174k/m²¥49k/m²
2009¥224k/m²¥153k/m²¥45k/m²
2010¥185k/m²¥158k/m²¥45k/m²
2011¥228k/m²¥152k/m²¥46k/m²
2012¥187k/m²¥160k/m²¥44k/m²
2013¥231k/m²¥155k/m²¥41k/m²
2014¥238k/m²¥136k/m²¥39k/m²
2015¥226k/m²¥143k/m²¥42k/m²
2016¥274k/m²¥150k/m²¥37k/m²
2017¥255k/m²¥160k/m²¥36k/m²
2018¥262k/m²¥157k/m²¥37k/m²
2019¥280k/m²¥164k/m²¥38k/m²
2020¥317k/m²¥152k/m²¥41k/m²
2021¥286k/m²¥163k/m²¥40k/m²
2022¥288k/m²¥148k/m²¥35k/m²
2023¥308k/m²¥150k/m²¥42k/m²
2024¥338k/m²¥152k/m²¥45k/m²
2025¥343k/m²¥162k/m²¥42k/m²
2026 (partial)¥363k/m²¥143k/m²¥43k/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 25. Prices keep falling by roughly 2.5% 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 62% 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¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥324k/m²
1–¥295k/m²
2¥523k/m²¥329k/m²
3¥550k/m²¥300k/m²
4¥531k/m²¥291k/m²
5¥497k/m²¥257k/m²
6¥485k/m²¥254k/m²
7¥547k/m²¥238k/m²
8–¥242k/m²
9¥512k/m²¥227k/m²
10¥533k/m²¥229k/m²
11¥475k/m²¥229k/m²
12¥474k/m²¥223k/m²
13¥380k/m²¥213k/m²
14¥429k/m²¥189k/m²
15¥462k/m²¥188k/m²
16¥423k/m²¥205k/m²
17¥413k/m²¥173k/m²
18¥400k/m²¥176k/m²
19¥376k/m²¥181k/m²
20¥358k/m²¥139k/m²
21¥368k/m²¥162k/m²
22¥322k/m²¥159k/m²
23¥369k/m²¥167k/m²
24¥281k/m²¥146k/m²
25¥262k/m²¥136k/m²
26¥167k/m²¥156k/m²
27¥200k/m²¥114k/m²
28¥185k/m²¥114k/m²
29¥154k/m²¥109k/m²
30¥171k/m²¥110k/m²
31¥169k/m²¥83k/m²
32¥181k/m²¥93k/m²
33¥168k/m²¥102k/m²
34¥167k/m²¥94k/m²
35¥200k/m²¥114k/m²
36¥229k/m²¥100k/m²
37–¥122k/m²
38–¥105k/m²
39–¥94k/m²
40–¥81k/m²
41–¥82k/m²
42¥180k/m²¥86k/m²
43–¥83k/m²
44–¥72k/m²
45¥192k/m²¥64k/m²
46¥250k/m²¥75k/m²
47–¥61k/m²
48–¥55k/m²
49–¥63k/m²
50–¥69k/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
Year1981-20002001-20102011-2020
2007¥173k/m²¥324k/m²–
2008¥171k/m²¥333k/m²–
2009¥153k/m²¥363k/m²–
2010¥151k/m²¥323k/m²–
2011¥154k/m²¥300k/m²–
2012¥152k/m²¥314k/m²–
2013¥135k/m²¥307k/m²¥480k/m²
2014¥163k/m²¥317k/m²–
2015¥165k/m²¥323k/m²–
2016¥171k/m²¥345k/m²–
2017¥183k/m²¥338k/m²–
2018¥185k/m²¥340k/m²¥520k/m²
2019¥186k/m²¥354k/m²¥513k/m²
2020¥187k/m²¥352k/m²¥624k/m²
2021¥185k/m²¥376k/m²¥529k/m²
2022¥185k/m²¥400k/m²¥489k/m²
2023¥185k/m²¥387k/m²¥492k/m²
2024¥193k/m²¥434k/m²¥530k/m²
2025¥200k/m²¥420k/m²¥543k/m²
2026 (partial)¥231k/m²¥411k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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¥116k/m²¥129k/m²¥267k/m²–
2008¥96k/m²¥131k/m²¥270k/m²–
2009¥100k/m²¥120k/m²¥273k/m²–
2010¥95k/m²¥116k/m²¥259k/m²¥289k/m²
2011¥91k/m²¥108k/m²¥200k/m²¥267k/m²
2012¥86k/m²¥114k/m²¥185k/m²¥276k/m²
2013¥85k/m²¥105k/m²¥178k/m²¥270k/m²
2014¥80k/m²¥101k/m²¥165k/m²¥273k/m²
2015¥76k/m²¥100k/m²¥181k/m²¥263k/m²
2016¥80k/m²¥96k/m²¥173k/m²¥270k/m²
2017¥67k/m²¥110k/m²¥175k/m²¥276k/m²
2018¥69k/m²¥107k/m²¥181k/m²¥275k/m²
2019¥69k/m²¥106k/m²¥171k/m²¥286k/m²
2020¥61k/m²¥96k/m²¥168k/m²¥267k/m²
2021¥68k/m²¥103k/m²¥176k/m²¥272k/m²
2022¥68k/m²¥98k/m²¥182k/m²¥251k/m²
2023¥67k/m²¥100k/m²¥183k/m²¥257k/m²
2024¥70k/m²¥115k/m²¥190k/m²¥246k/m²
2025¥67k/m²¥114k/m²¥179k/m²¥233k/m²
2026 (partial)¥51k/m²¥109k/m²¥210k/m²¥243k/m²

Prices by area in Shiga

Median prices for 2025. Sorted by condo price per m² (or house price per m² where there are few condo sales).

AreaCondo price per m²Median used condo priceMedian house price (land + building)Residential land per m² (sales)Condo 5-yr change
Kusatsu City¥413k/m²¥30.0M¥35.0M¥120k/m²-12.5%
Otsu City¥331k/m²¥22.0M¥20.0M¥80k/m²+43.4%
Ritto City––¥36.0M¥105k/m²–
Moriyama City––¥33.0M¥76k/m²–
Omihachiman City––¥25.0M¥49k/m²–
Yasu City––¥25.0M¥67k/m²–
Hikone City––¥18.0M¥29k/m²–
Konan City––¥19.0M¥48k/m²–
Higashiomi City––¥14.0M¥22k/m²–
Koka City––¥11.0M¥29k/m²–
Nagahama City––¥11.0M¥25k/m²–
Takashima City––¥7.0M¥10k/m²–
Maibara City–––¥17k/m²–
Hino Town, Gamou County–––¥3k/m²–

Prices near train stations in Shiga

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Kusatsu(Shiga) (草津(滋賀))¥29.0M¥413k/m²¥37.0M13407
Ishiyama (石山)¥16.0M¥246k/m²¥14.0M16391
Minami Kusatsu (南草津)¥35.0M¥475k/m²¥35.0M16313
Seta(Shiga) (瀬田(滋賀))¥15.0M¥207k/m²¥33.0M19237
Moriyama(Shiga) (守山(滋賀))––¥34.0M18202
Otsukyo (大津京)¥28.0M¥385k/m²¥23.0M10194
Otsu (大津)¥28.0M¥457k/m²¥22.5M11187
Omihachiman (近江八幡)––¥25.0M18178
Zeze (膳所)¥23.0M¥338k/m²¥23.0M11178
Nagahama (長浜)¥19.0M¥262k/m²¥21.5M19140
Katata (堅田)¥16.0M¥235k/m²¥27.0M13131
Hikone (彦根)¥10.5M¥177k/m²¥16.0M15119
Yasu(Shiga) (野洲)––¥24.0M15119
Karasaki (唐崎)¥12.0M¥177k/m²¥26.5M12116
Hieizan Sakamoto (比叡山坂本)––¥25.0M13114

Used condo prices by layout in Shiga

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥23.0M70 m²515
2LDK¥26.0M65 m²132
4LDK¥27.0M85 m²94
1LDK¥14.0M47.5 m²18
2DK¥23.5M55 m²16

How much does an apartment cost in Shiga?

The median used condo (mansion) in Shiga sold for ¥24.0M in 2025, about ¥343k/m², based on 295 recorded sales.

How much does a house cost in Shiga?

The median house sale, including the land, was ¥21.0M in 2025 across 1386 sales.

Are property prices in Shiga going up?

Over the five years to 2025, condo prices per m² changed +8.3% and residential land prices changed +2.4%.

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.