Shizuoka Housing Market 2026: Where Earthquake Risk Shapes the Market
Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2
Key figures for 2025
- Median used condo price
- ¥16.0M
- ¥231k/m² · +2.8% vs 2024
- Median house price (land + building)
- ¥19.0M
- -1.8% vs 2024
- Residential land per m² (sales)
- ¥56k/m²
- +12.0% over 5 years
- Transactions in 2025
- 7,353
- #33 of 47 areas in Japan by price per m²
Among Japan's highest earthquake probabilities
The average Shizuoka resident faces a 72% chance of shaking of intensity 6-lower or stronger in the next 30 years, and a 46% chance of 6-upper, behind only Kochi and Tokushima. Shizuoka sits on the expected Nankai Trough and Tokai earthquake zone, and the data shows buyers pricing that in.
Old condos are heavily discounted
Pre-1981 condos sell for about 60% less per m² than 1980s and 90s buildings, one of the largest gaps in Japan, and they lost value over the last decade while newer buildings held steady. Condos also keep losing about 4% a year after 25 years. In Shizuoka, building age and earthquake standard matter more than almost anywhere.
Flat land, slow condos
Condo prices per m² rose only about 2.4% a year over the last five years, and Shizuoka's condos have fallen from about 60% of the national average per m² to about 40%. On the government's fixed benchmark sites, residential land has been flat for five years. The strongest areas are Numazu (about +24% in five years, a new government renewal zone), Shizuoka City's Suruga Ward and Mishima, which has a fast Shinkansen commute to Tokyo.
People and second homes
Shizuoka's population fell 4.5% between 2020 and 2025. It has about 38,500 second homes, the second most in Japan, mainly on the Izu Peninsula and around Atami, where older resort condos can carry high fees.
Cheap relative to rent
A median condo costs only about 25 years of the local median rent, among the lowest ratios of any large prefecture, which reflects both affordable prices and buyers' caution.
Coastal risks
About 6% of benchmark sites are in tsunami zones, concentrated along Suruga Bay and the Enshu coast. The 2021 Atami landslide also showed the risks of building on steep, filled slopes.
Living in Shizuoka: people, homes and risks
- Population 2025
- 3,468,845
- -4.5% since 2020
- Japan: -2.5%
- Net moves in 2025
- -6,711
- -1.93 per 1,000 residents
- Vacant homes (2023)
- 16.7%
- 5.9% empty and not for rent or sale
- Japan: 13.8%
- Median rent (2023)
- ¥53k
- per month, all rented homes
- Japan: ¥57k
- Strong earthquake risk
- 72.1%
- chance of shaking of intensity 6-lower or more within 30 years
- Japan: 38.4%
- Official land price 2026
- ¥64k/m²
- 0.0% in a year · -1.4% in 5 years
- Japan: ¥74k/m²
- Flood exposure
- 44.4%
- of 619 benchmark sites in a worst-case flood zone (6.3% 3 m or deeper)
- Japan: 42.6%
- Tsunami exposure
- 6.0%
- of 619 benchmark sites in a tsunami inundation zone
- Japan: 7.8%
- Landslide exposure
- 1.5%
- of 619 benchmark sites in a landslide warning area
- Japan: 2.6%
Urban renewal zones
Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.
- Numazu Station area · 38 ha · designated 2024
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 Shizuoka
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
¥8.5M
¥113k/m²
- Tadeharacho, Fuji City
- Fuji · 24 min walk
- 3LDK · 75 m²
- Built 2002 (24 yrs) · RC
¥18.0M
¥277k/m²
- Ooka, Numazu City
- Shimo Togari · 9 min walk
- 3LDK · 65 m²
- Built 1999 (27 yrs) · RC
¥33.0M
¥413k/m²
- Shinkawa, Suruga Ward, Shizuoka City
- Shizuoka · 20 min walk
- 3LDK · 80 m²
- Built 2012 (14 yrs) · RC
House
¥6.1M
¥61k/m²
- Obuchi, Fuji City
- Fuji
- Land 160 m² · floor 100 m²
- Built 1968 (58 yrs) · Light steel
¥19.0M
¥173k/m²
- Tomitsukacho, Chuo-ku, Hamamatsu City
- Hamamatsu
- Land 220 m² · floor 110 m²
- Built 1972 (54 yrs)
¥37.0M
¥185k/m²
- Shijimizuka, Chuo-ku, Hamamatsu City
- Hamamatsu
- Land 240 m² · floor 200 m²
- Built 1993 (33 yrs) · RC
Show data table
| Year | Condo | House |
|---|---|---|
| 2006 | ¥19.0M | ¥26.0M |
| 2007 | ¥14.0M | ¥24.0M |
| 2008 | ¥14.0M | ¥23.0M |
| 2009 | ¥13.0M | ¥23.0M |
| 2010 | ¥13.0M | ¥22.0M |
| 2011 | ¥12.0M | ¥22.0M |
| 2012 | ¥13.0M | ¥22.0M |
| 2013 | ¥13.0M | ¥22.0M |
| 2014 | ¥12.0M | ¥21.0M |
| 2015 | ¥13.0M | ¥22.0M |
| 2016 | ¥13.0M | ¥21.0M |
| 2017 | ¥14.0M | ¥21.0M |
| 2018 | ¥14.0M | ¥21.0M |
| 2019 | ¥14.5M | ¥20.0M |
| 2020 | ¥15.0M | ¥21.0M |
| 2021 | ¥16.0M | ¥21.0M |
| 2022 | ¥14.0M | ¥20.0M |
| 2023 | ¥16.0M | ¥21.0M |
| 2024 | ¥16.0M | ¥19.0M |
| 2025 | ¥16.0M | ¥19.0M |
| 2026 (partial) | ¥18.0M | ¥20.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2006 | ¥253k/m² | ¥200k/m² | ¥110k/m² |
| 2007 | ¥213k/m² | ¥180k/m² | ¥67k/m² |
| 2008 | ¥200k/m² | ¥179k/m² | ¥65k/m² |
| 2009 | ¥200k/m² | ¥167k/m² | ¥64k/m² |
| 2010 | ¥187k/m² | ¥157k/m² | ¥61k/m² |
| 2011 | ¥173k/m² | ¥157k/m² | ¥63k/m² |
| 2012 | ¥186k/m² | ¥162k/m² | ¥60k/m² |
| 2013 | ¥186k/m² | ¥153k/m² | ¥58k/m² |
| 2014 | ¥183k/m² | ¥152k/m² | ¥54k/m² |
| 2015 | ¥186k/m² | ¥158k/m² | ¥55k/m² |
| 2016 | ¥190k/m² | ¥154k/m² | ¥53k/m² |
| 2017 | ¥200k/m² | ¥153k/m² | ¥52k/m² |
| 2018 | ¥200k/m² | ¥160k/m² | ¥51k/m² |
| 2019 | ¥206k/m² | ¥153k/m² | ¥49k/m² |
| 2020 | ¥200k/m² | ¥155k/m² | ¥50k/m² |
| 2021 | ¥227k/m² | ¥160k/m² | ¥50k/m² |
| 2022 | ¥214k/m² | ¥143k/m² | ¥52k/m² |
| 2023 | ¥226k/m² | ¥147k/m² | ¥51k/m² |
| 2024 | ¥225k/m² | ¥139k/m² | ¥49k/m² |
| 2025 | ¥231k/m² | ¥136k/m² | ¥56k/m² |
| 2026 (partial) | ¥244k/m² | ¥143k/m² | ¥54k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥543k/m² | ¥300k/m² |
| 1 | ¥571k/m² | ¥296k/m² |
| 2 | ¥545k/m² | ¥330k/m² |
| 3 | ¥514k/m² | ¥282k/m² |
| 4 | ¥462k/m² | ¥266k/m² |
| 5 | ¥507k/m² | ¥260k/m² |
| 6 | ¥489k/m² | ¥258k/m² |
| 7 | ¥538k/m² | ¥244k/m² |
| 8 | ¥427k/m² | ¥235k/m² |
| 9 | ¥427k/m² | ¥242k/m² |
| 10 | ¥428k/m² | ¥233k/m² |
| 11 | ¥412k/m² | ¥223k/m² |
| 12 | ¥387k/m² | ¥209k/m² |
| 13 | ¥356k/m² | ¥200k/m² |
| 14 | ¥368k/m² | ¥190k/m² |
| 15 | ¥358k/m² | ¥173k/m² |
| 16 | ¥290k/m² | ¥167k/m² |
| 17 | ¥308k/m² | ¥184k/m² |
| 18 | ¥278k/m² | ¥169k/m² |
| 19 | ¥282k/m² | ¥158k/m² |
| 20 | ¥271k/m² | ¥154k/m² |
| 21 | ¥267k/m² | ¥150k/m² |
| 22 | ¥243k/m² | ¥134k/m² |
| 23 | ¥261k/m² | ¥136k/m² |
| 24 | ¥231k/m² | ¥127k/m² |
| 25 | ¥226k/m² | ¥125k/m² |
| 26 | ¥200k/m² | ¥120k/m² |
| 27 | ¥185k/m² | ¥112k/m² |
| 28 | ¥182k/m² | ¥109k/m² |
| 29 | ¥187k/m² | ¥100k/m² |
| 30 | ¥169k/m² | ¥104k/m² |
| 31 | ¥111k/m² | ¥93k/m² |
| 32 | ¥127k/m² | ¥95k/m² |
| 33 | ¥120k/m² | ¥89k/m² |
| 34 | ¥110k/m² | ¥92k/m² |
| 35 | ¥135k/m² | ¥89k/m² |
| 36 | ¥120k/m² | ¥85k/m² |
| 37 | ¥107k/m² | ¥89k/m² |
| 38 | ¥169k/m² | ¥83k/m² |
| 39 | ¥109k/m² | ¥83k/m² |
| 40 | ¥121k/m² | ¥75k/m² |
| 41 | ¥123k/m² | ¥87k/m² |
| 42 | ¥79k/m² | ¥87k/m² |
| 43 | ¥123k/m² | ¥69k/m² |
| 44 | ¥143k/m² | ¥67k/m² |
| 45 | – | ¥71k/m² |
| 46 | ¥67k/m² | ¥69k/m² |
| 47 | ¥79k/m² | ¥60k/m² |
| 48 | ¥62k/m² | ¥57k/m² |
| 49 | ¥50k/m² | ¥54k/m² |
| 50 | ¥59k/m² | ¥55k/m² |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2006 | – | ¥214k/m² | ¥350k/m² | – |
| 2007 | ¥98k/m² | ¥188k/m² | ¥340k/m² | – |
| 2008 | ¥93k/m² | ¥183k/m² | ¥320k/m² | – |
| 2009 | ¥85k/m² | ¥171k/m² | ¥297k/m² | – |
| 2010 | ¥96k/m² | ¥154k/m² | ¥327k/m² | – |
| 2011 | ¥80k/m² | ¥160k/m² | ¥290k/m² | – |
| 2012 | ¥93k/m² | ¥154k/m² | ¥267k/m² | – |
| 2013 | ¥80k/m² | ¥160k/m² | ¥283k/m² | – |
| 2014 | ¥70k/m² | ¥160k/m² | ¥258k/m² | – |
| 2015 | ¥76k/m² | ¥154k/m² | ¥300k/m² | – |
| 2016 | ¥35k/m² | ¥150k/m² | ¥267k/m² | ¥443k/m² |
| 2017 | ¥64k/m² | ¥158k/m² | ¥280k/m² | ¥406k/m² |
| 2018 | ¥74k/m² | ¥155k/m² | ¥282k/m² | ¥440k/m² |
| 2019 | ¥78k/m² | ¥149k/m² | ¥281k/m² | ¥448k/m² |
| 2020 | ¥65k/m² | ¥140k/m² | ¥282k/m² | ¥452k/m² |
| 2021 | ¥79k/m² | ¥169k/m² | ¥300k/m² | ¥450k/m² |
| 2022 | ¥68k/m² | ¥163k/m² | ¥267k/m² | ¥415k/m² |
| 2023 | ¥84k/m² | ¥168k/m² | ¥313k/m² | ¥455k/m² |
| 2024 | ¥63k/m² | ¥151k/m² | ¥283k/m² | ¥429k/m² |
| 2025 | ¥71k/m² | ¥175k/m² | ¥293k/m² | ¥449k/m² |
| 2026 (partial) | – | ¥163k/m² | ¥294k/m² | ¥485k/m² |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2006 | ¥153k/m² | ¥175k/m² | ¥300k/m² | – |
| 2007 | ¥124k/m² | ¥152k/m² | ¥289k/m² | – |
| 2008 | ¥120k/m² | ¥150k/m² | ¥291k/m² | – |
| 2009 | ¥115k/m² | ¥137k/m² | ¥278k/m² | – |
| 2010 | ¥113k/m² | ¥128k/m² | ¥263k/m² | ¥310k/m² |
| 2011 | ¥105k/m² | ¥125k/m² | ¥230k/m² | ¥286k/m² |
| 2012 | ¥104k/m² | ¥118k/m² | ¥200k/m² | ¥278k/m² |
| 2013 | ¥91k/m² | ¥113k/m² | ¥185k/m² | ¥280k/m² |
| 2014 | ¥91k/m² | ¥113k/m² | ¥183k/m² | ¥270k/m² |
| 2015 | ¥80k/m² | ¥108k/m² | ¥188k/m² | ¥264k/m² |
| 2016 | ¥80k/m² | ¥106k/m² | ¥183k/m² | ¥274k/m² |
| 2017 | ¥73k/m² | ¥106k/m² | ¥174k/m² | ¥267k/m² |
| 2018 | ¥68k/m² | ¥103k/m² | ¥176k/m² | ¥267k/m² |
| 2019 | ¥67k/m² | ¥97k/m² | ¥167k/m² | ¥270k/m² |
| 2020 | ¥67k/m² | ¥100k/m² | ¥167k/m² | ¥264k/m² |
| 2021 | ¥67k/m² | ¥100k/m² | ¥168k/m² | ¥263k/m² |
| 2022 | ¥63k/m² | ¥97k/m² | ¥168k/m² | ¥255k/m² |
| 2023 | ¥63k/m² | ¥100k/m² | ¥167k/m² | ¥236k/m² |
| 2024 | ¥61k/m² | ¥100k/m² | ¥159k/m² | ¥246k/m² |
| 2025 | ¥55k/m² | ¥92k/m² | ¥167k/m² | ¥250k/m² |
| 2026 (partial) | ¥65k/m² | ¥91k/m² | ¥165k/m² | ¥236k/m² |
Prices by area in Shizuoka
Median prices for 2025. Sorted by condo price per m² (or house price per m² where there are few condo sales).
| Area | Condo price per m² | Median used condo price | Median house price (land + building) | Residential land per m² (sales) | Condo 5-yr change |
|---|---|---|---|---|---|
| Suruga Ward, Shizuoka City | ¥343k/m² | ¥24.0M | ¥31.0M | ¥120k/m² | +17.3% |
| Aoi Ward, Shizuoka City | ¥292k/m² | ¥20.0M | ¥30.0M | ¥140k/m² | +4.0% |
| Shimizu Ward, Shizuoka City | ¥246k/m² | ¥18.0M | ¥20.0M | ¥68k/m² | -2.2% |
| Mishima City | ¥246k/m² | ¥16.0M | ¥32.5M | ¥100k/m² | +14.9% |
| Nagaizumi Town, Sunto County | – | – | ¥39.5M | ¥125k/m² | – |
| Numazu City | ¥231k/m² | ¥16.0M | ¥21.0M | ¥60k/m² | +23.9% |
| Gotenba City | – | – | ¥27.0M | ¥54k/m² | – |
| Chuo-ku, Hamamatsu City | ¥215k/m² | ¥15.0M | ¥27.0M | ¥76k/m² | +16.8% |
| Shimizu Town, Sunto County | – | – | ¥24.0M | ¥89k/m² | – |
| Fuji City | ¥206k/m² | ¥15.0M | ¥18.0M | ¥45k/m² | +7.1% |
| Hamana-ku, Hamamatsu City | – | – | ¥25.0M | ¥48k/m² | – |
| Kosai City | – | – | ¥21.0M | ¥50k/m² | – |
| Susono City | – | – | ¥25.0M | ¥52k/m² | – |
| Fukuroi City | – | – | ¥24.0M | ¥43k/m² | – |
| Iwata City | – | – | ¥23.0M | ¥46k/m² | – |
| Yoshida Town, Haibara County | – | – | ¥19.0M | ¥15k/m² | – |
| Fujieda City | – | – | ¥18.0M | ¥53k/m² | – |
| Fujinomiya City | – | – | ¥15.0M | ¥38k/m² | – |
| Shimada City | – | – | ¥17.0M | ¥38k/m² | – |
| Kakegawa City | – | – | ¥16.0M | ¥40k/m² | – |
| Yaizu City | – | – | ¥13.0M | ¥30k/m² | – |
| Atami City | – | – | ¥10.5M | ¥21k/m² | – |
| Kannami Town, Tagata County | – | – | ¥8.0M | ¥50k/m² | – |
| Ito City | – | – | ¥8.5M | ¥12k/m² | – |
| Kikugawa City | – | – | ¥16.0M | ¥20k/m² | – |
| Shimoda City | – | – | ¥5.5M | – | – |
| Izunokuni City | – | – | ¥6.0M | ¥60k/m² | – |
| Makinohara City | – | – | ¥8.8M | ¥15k/m² | – |
| Izu City | – | – | ¥3.4M | ¥15k/m² | – |
| Higashiizu Town, Kamo County | – | – | ¥4.0M | – | – |
| Tenryu-ku, Hamamatsu City | – | – | – | ¥14k/m² | – |
Prices near train stations in Shizuoka
Sales from 2023–2025, grouped by nearest station.
| Station | Median used condo price | Condo price per m² | Median house price (land + building) | Walk (min) | Sales |
|---|---|---|---|---|---|
| Hamamatsu (浜松) | ¥15.0M | ¥214k/m² | ¥27.0M | 16 | 2202 |
| Shizuoka (静岡) | ¥19.0M | ¥291k/m² | ¥32.0M | 16 | 1183 |
| Numazu (沼津) | ¥15.0M | ¥214k/m² | ¥22.0M | 18 | 591 |
| Fuji (富士) | ¥15.0M | ¥200k/m² | ¥24.0M | 18 | 551 |
| Mishima (三島) | ¥17.0M | ¥246k/m² | ¥31.0M | 20 | 495 |
| Shimizu(Shizuoka) (清水(静岡)) | ¥15.0M | ¥207k/m² | ¥20.0M | 19 | 458 |
| Fujieda (藤枝) | ¥26.0M | ¥353k/m² | ¥20.0M | 16 | 369 |
| Yaizu (焼津) | ¥8.5M | ¥163k/m² | ¥12.0M | 18 | 356 |
| Iwata(Shizuoka) (磐田) | ¥20.0M | ¥280k/m² | ¥21.0M | 16 | 281 |
| Fukuroi (袋井) | – | – | ¥20.0M | 18 | 274 |
| Shimada(Shizuoka) (島田(静岡)) | – | – | ¥18.5M | 14 | 270 |
| Kakegawa (掛川) | ¥27.0M | ¥375k/m² | ¥19.0M | 16 | 251 |
| Fujinomiya (富士宮) | – | – | ¥16.0M | 16 | 238 |
| Izu Kogen (伊豆高原) | – | – | ¥10.0M | 18 | 202 |
| Higashi Shizuoka (東静岡) | ¥30.0M | ¥407k/m² | ¥37.5M | 15 | 194 |
Used condo prices by layout in Shizuoka
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 3LDK | ¥18.0M | 70 m² | 744 |
| 2LDK | ¥19.0M | 65 m² | 329 |
| 4LDK | ¥18.0M | 85 m² | 149 |
| 1K | ¥2.0M | 20 m² | 81 |
| 1LDK | ¥10.0M | 50 m² | 75 |
| 2DK | ¥4.3M | 47.5 m² | 32 |
| 1DK | ¥4.1M | 25 m² | 24 |
| 3DK | ¥3.5M | 50 m² | 17 |
How much does an apartment cost in Shizuoka?
The median used condo (mansion) in Shizuoka sold for ¥16.0M in 2025, about ¥231k/m², based on 516 recorded sales.
How much does a house cost in Shizuoka?
The median house sale, including the land, was ¥19.0M in 2025 across 3570 sales.
Are property prices in Shizuoka going up?
Over the five years to 2025, condo prices per m² changed +15.6% and residential land prices changed +12.0%.
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.