Mount Fuji from Fuji City, Shizuoka
Photo: Mount Fuji from Fuji City, Shizuoka · wei / Unsplash

Aoi Ward, Shizuoka 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
¥20.0M
¥292k/m²
Median house price (land + building)
¥30.0M
-12.5% vs 2024
Residential land per m² (sales)
¥140k/m²
+21.7% over 5 years
Transactions in 2025
506
#2 of 30 areas in Shizuoka by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 3.2% a year over the past five years, faster than the 0% 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 Shizuoka

Per m², condos here are 32% above the Shizuoka average. The premium was 40% ten years ago, so the rest of Shizuoka has been catching up.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 21% 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

54% 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 9% 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 ¥9.8M and ¥32.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4.4% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 0.2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

16.4% of homes were empty in 2023 (16.7% for the wider area), and 5.2% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Buying vs renting

A median used condo costs about 27.4 years of the area's median rent (¥61k a month), compared with 25.2 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

High earthquake risk

The government's seismic model gives a 73% chance of shaking of intensity 6-lower or stronger in the next 30 years (72% 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 +1% in the year to January 2026 and +4% over five years. They are still 47% below their 1991 bubble-era level. 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, 64% are inside the worst-case flood zone. 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 Aoi Ward, Shizuoka City: people, homes and risks

Population 2025
238,244
-4.4% since 2020
Shizuoka: -4.5%
Net moves in 2025
+8
+0.03 per 1,000 residents
Shizuoka: -1.93
Vacant homes (2023)
16.4%
5.2% empty and not for rent or sale
Shizuoka: 16.7%
Median rent (2023)
¥61k
per month, all rented homes
Shizuoka: ¥53k
Strong earthquake risk
72.8%
chance of shaking of intensity 6-lower or more within 30 years
Shizuoka: 72.1%
Official land price 2026
¥125k/m²
+1.4% in a year · +4.4% in 5 years
Shizuoka: ¥64k/m²
Flood exposure
64.4%
of 45 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shizuoka: 44.4%
Landslide exposure
0.0%
of 45 benchmark sites in a landslide warning area
Shizuoka: 1.5%

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 Aoi Ward, Shizuoka 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 Q1

¥7.0M

¥117k/m²

  • Takemi
  • Shizuoka
  • 2LDK · 60 m²
  • Built 1994 (32 yrs) · RC
Typical2025 Q4

¥19.0M

¥292k/m²

  • Tokiwacho
  • Shizuoka · 11 min walk
  • 3LDK · 65 m²
  • Built 2002 (23 yrs) · RC
Higher-priced2026 Q2

¥40.0M

¥533k/m²

  • Ryogaecho
  • Shizuoka · 12 min walk
  • 3LDK · 75 m²
  • Built 1998 (28 yrs) · SRC

House

Lower-priced2026 Q1

¥12.0M

¥114k/m²

  • Agetsuchi
  • Shizuoka
  • Land 100 m² · floor 105 m²
  • Built 1977 (49 yrs) · Wood
Typical2026 Q2

¥31.0M

¥326k/m²

  • Nishichiyodacho
  • Shizuoka
  • Land 100 m² · floor 95 m²
  • Built 2021 (5 yrs) · Wood
Higher-priced2026 Q2

¥55.0M

¥229k/m²

  • Furusho
  • Higashi Shizuoka · 24 min walk
  • Land 460 m² · floor 240 m²
  • Built 1983 (43 yrs) · Light steel
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥12.5M¥27.0M
2007¥14.5M¥27.0M
2008¥15.0M¥27.5M
2009¥14.0M¥29.0M
2010¥15.0M¥26.0M
2011¥14.0M¥27.0M
2012¥12.0M¥27.0M
2013¥20.0M¥28.0M
2014¥16.0M¥25.0M
2015¥20.0M¥29.0M
2016¥16.5M¥28.5M
2017¥15.0M¥29.0M
2018¥19.0M¥28.0M
2019¥16.0M¥29.0M
2020¥19.0M¥28.0M
2021¥22.5M¥31.0M
2022¥26.0M¥31.0M
2023¥17.0M¥31.0M
2024¥20.0M¥30.0M
2025¥20.0M¥30.0M
2026 (partial)¥25.5M¥34.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 29% 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¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥207k/m²¥200k/m²¥130k/m²
2007¥232k/m²¥233k/m²¥125k/m²
2008¥231k/m²¥250k/m²¥130k/m²
2009¥213k/m²¥224k/m²¥130k/m²
2010¥231k/m²¥200k/m²¥130k/m²
2011¥211k/m²¥242k/m²¥130k/m²
2012¥213k/m²¥234k/m²¥120k/m²
2013¥280k/m²¥211k/m²¥120k/m²
2014¥236k/m²¥224k/m²¥120k/m²
2015¥279k/m²¥242k/m²¥120k/m²
2016¥249k/m²¥250k/m²¥120k/m²
2017¥247k/m²¥250k/m²¥125k/m²
2018¥282k/m²¥218k/m²¥120k/m²
2019¥233k/m²¥249k/m²¥120k/m²
2020¥281k/m²¥232k/m²¥115k/m²
2021¥342k/m²¥267k/m²¥130k/m²
2022¥377k/m²¥221k/m²¥130k/m²
2023¥247k/m²¥225k/m²¥130k/m²
2024¥311k/m²¥228k/m²¥130k/m²
2025¥292k/m²¥200k/m²¥140k/m²
2026 (partial)¥321k/m²¥224k/m²¥110k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 25 years — House prices per m² drop about 62% from new by age 25, 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–¥362k/m²
1–¥351k/m²
2¥527k/m²¥390k/m²
9¥587k/m²–
10–¥319k/m²
14–¥341k/m²
16–¥236k/m²
17¥488k/m²–
18–¥260k/m²
19¥347k/m²¥234k/m²
20–¥219k/m²
22¥307k/m²¥209k/m²
23¥292k/m²–
24¥277k/m²–
25¥257k/m²¥130k/m²
26¥266k/m²¥138k/m²
27–¥143k/m²
28–¥116k/m²
29–¥142k/m²
30–¥225k/m²
31–¥147k/m²
32–¥171k/m²
33–¥165k/m²
34–¥167k/m²
35–¥156k/m²
36–¥119k/m²
37–¥100k/m²
38–¥123k/m²
39–¥129k/m²
40–¥134k/m²
41–¥114k/m²
42–¥119k/m²
43–¥105k/m²
44–¥110k/m²
45–¥108k/m²
46–¥113k/m²
47–¥105k/m²
48–¥146k/m²
50¥70k/m²¥119k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2006200820102012201420162018202020222024

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
2006¥214k/m²––
2007¥238k/m²––
2008¥200k/m²––
2009¥223k/m²––
2010¥200k/m²¥372k/m²–
2011¥200k/m²––
2012¥180k/m²––
2013¥240k/m²¥362k/m²–
2014¥229k/m²––
2015¥214k/m²¥345k/m²–
2016¥202k/m²––
2017¥208k/m²––
2018¥239k/m²¥333k/m²–
2019¥222k/m²––
2020¥222k/m²¥325k/m²¥564k/m²
2021¥180k/m²–¥545k/m²
2022–¥411k/m²–
2023¥231k/m²––
2024¥268k/m²––
2025¥218k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026

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
2006¥182k/m²¥179k/m²¥281k/m²–
2007¥169k/m²¥200k/m²¥305k/m²–
2008¥169k/m²¥176k/m²¥325k/m²–
2009¥130k/m²¥180k/m²¥323k/m²–
2010¥122k/m²¥163k/m²¥306k/m²–
2011¥130k/m²¥147k/m²¥314k/m²¥308k/m²
2012¥118k/m²¥148k/m²–¥305k/m²
2013¥152k/m²¥151k/m²¥229k/m²¥318k/m²
2014¥160k/m²¥141k/m²¥225k/m²¥297k/m²
2015¥100k/m²¥175k/m²–¥289k/m²
2016¥120k/m²¥168k/m²–¥304k/m²
2017¥133k/m²¥159k/m²–¥310k/m²
2018¥118k/m²¥164k/m²¥199k/m²¥305k/m²
2019¥84k/m²¥145k/m²¥202k/m²¥322k/m²
2020¥100k/m²¥147k/m²–¥310k/m²
2021¥112k/m²¥169k/m²¥246k/m²¥301k/m²
2022¥135k/m²¥128k/m²––
2023¥131k/m²¥145k/m²––
2024¥94k/m²¥142k/m²––
2025¥90k/m²¥150k/m²––
2026 (partial)–¥164k/m²––

Prices near train stations in Aoi Ward, Shizuoka City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Shizuoka (静岡)¥19.0M¥286k/m²¥30.0M16781
Higashi Shizuoka (東静岡)¥25.0M¥345k/m²¥41.5M1350

Used condo prices by layout in Aoi Ward, Shizuoka City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥24.0M75 m²96
2LDK¥23.5M60 m²48
2DK¥6.5M45 m²13
1K¥4.0M20 m²13
4LDK¥20.0M90 m²12
1LDK¥19.5M52.5 m²10

How much does an apartment cost in Aoi Ward, Shizuoka City?

The median used condo (mansion) in Aoi Ward, Shizuoka City sold for ¥20.0M in 2025, about ¥292k/m², based on 63 recorded sales.

How much does a house cost in Aoi Ward, Shizuoka City?

The median house sale, including the land, was ¥30.0M in 2025 across 213 sales.

Are property prices in Aoi Ward, Shizuoka City going up?

Over the five years to 2025, condo prices per m² changed +4.0% and residential land prices changed +21.7%.

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.