Izumo Taisha, Izumo, Shimane
Photo: Izumo Taisha, Izumo, Shimane · Yosuke Ota / Unsplash

Oda City Housing Market Report 2025

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

Key figures for 2025

Residential land per m² (sales)
¥16k/m²
+45.5% over 5 years
Transactions in 2025
43

What the data says

Sales are thinning out

Transactions are down about 45% on the previous three years. Fewer sales mean less choice and slower resale, so allow more time to sell later.

A shrinking population

The population fell 9.2% between 2020 and 2025 (−6.2% for the wider area). More people moved out than in during 2025 (about 6.1 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

25.7% of homes were empty in 2023 (17.1% for the wider area), and 22.7% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow.

Lower earthquake risk

The government's seismic model gives a 4% chance of shaking of intensity 6-lower or stronger in the next 30 years (6% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Official land prices are still falling

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed -1% in the year to January 2026 and -7% over five years. 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, 13% are inside the worst-case flood zone, 25% are in a landslide warning area. 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 Oda City: people, homes and risks

Population 2025
29,815
-9.2% since 2020
Shimane: -6.2%
Net moves in 2025
-182
-6.1 per 1,000 residents
Shimane: -2.73
Vacant homes (2023)
25.7%
22.7% empty and not for rent or sale
Shimane: 17.1%
Median rent (2023)
¥43k
per month, all rented homes
Shimane: ¥45k
Strong earthquake risk
3.5%
chance of shaking of intensity 6-lower or more within 30 years
Shimane: 6.1%
Official land price 2026
¥13k/m²
-1.5% in a year · -7.4% in 5 years
Shimane: ¥28k/m²
Flood exposure
12.5%
of 8 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shimane: 51.5%
Landslide exposure
25.0%
of 8 benchmark sites in a landslide warning area
Shimane: 4.5%

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 Oda 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.

House

Lower-priced2025 Q3

¥1.5M

¥14k/m²

  • Yunotsuchoyusato
  • Yusato · 19 min walk
  • Land 250 m² · floor 105 m²
  • Built 1979 (46 yrs) · Wood
Typical2025 Q4

¥4.9M

¥38k/m²

  • Kawaicho
  • Odashi
  • Land 270 m² · floor 130 m²
  • Built 1997 (28 yrs) · Wood
Higher-priced2025 Q3

¥10.0M

¥83k/m²

  • Odacho
  • Odashi · 10 min walk
  • Land 340 m² · floor 120 m²
  • Built 1969 (56 yrs) · Steel
Median transaction price by year
¥0¥2.0M¥4.0M¥6.0M¥8.0M200820102012201420162018202020222024
Show data table
YearHouse
2008–
2009¥5.1M
2010¥4.2M
2011¥5.2M
2012¥5.2M
2013–
2014¥6.7M
2015–
2016¥4.5M
2017¥3.1M
2018¥2.9M
2019–
2020¥3.0M
2021¥3.1M
2022¥3.9M
2023¥3.8M
2024–
2025–
Median price per m² by year
¥0¥20k¥40k¥60k200820102012201420162018202020222024
Show data table
YearHouseLand
2008–¥20k/m²
2009¥40k/m²¥18k/m²
2010¥40k/m²¥13k/m²
2011¥49k/m²¥15k/m²
2012¥40k/m²¥15k/m²
2013–¥14k/m²
2014¥57k/m²¥15k/m²
2015–¥15k/m²
2016¥28k/m²¥12k/m²
2017¥26k/m²¥13k/m²
2018¥28k/m²¥15k/m²
2019–¥14k/m²
2020¥23k/m²¥11k/m²
2021¥31k/m²¥14k/m²
2022¥21k/m²¥13k/m²
2023¥25k/m²¥11k/m²
2024–¥12k/m²
2025–¥16k/m²

Prices near train stations in Oda City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Odashi (大田市)––¥5.9M1234

Are property prices in Oda City going up?

Over the five years to 2025, residential land prices changed +45.5%.

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.