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

Fuji 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
¥15.0M
¥206k/m²
Median house price (land + building)
¥18.0M
-6.7% vs 2024
Residential land per m² (sales)
¥45k/m²
-8.2% over 5 years
Transactions in 2025
530
#10 of 30 areas in Shizuoka by price per m²

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 1.4% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Lagging Shizuoka

Per m², condos here are 15% below the Shizuoka average. Ten years ago the gap was 8%, so Fuji City has been falling behind the rest of Shizuoka.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 318% 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

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 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 ¥7.0M and ¥20.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.1% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.8% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

14% of homes were empty in 2023 (16.7% for the wider area), and 4.9% 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 24.5 years of the area's median rent (¥51k 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 66% 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 still falling

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed 0% in the year to January 2026 and -3% 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.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 55% 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 Fuji City: people, homes and risks

Population 2025
237,793
-3.1% since 2020
Shizuoka: -4.5%
Net moves in 2025
-414
-1.74 per 1,000 residents
Shizuoka: -1.93
Vacant homes (2023)
14.0%
4.9% empty and not for rent or sale
Shizuoka: 16.7%
Median rent (2023)
¥51k
per month, all rented homes
Shizuoka: ¥53k
Strong earthquake risk
65.9%
chance of shaking of intensity 6-lower or more within 30 years
Shizuoka: 72.1%
Official land price 2026
¥60k/m²
-0.3% in a year · -2.8% in 5 years
Shizuoka: ¥64k/m²
Flood exposure
54.9%
of 51 benchmark sites in a worst-case flood zone (2.0% 3 m or deeper)
Shizuoka: 44.4%
Landslide exposure
2.0%
of 51 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 Fuji 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 Q3

¥7.0M

¥100k/m²

  • Mitojima
  • Fuji · 14 min walk
  • 3LDK · 70 m²
  • Built 1988 (37 yrs) · SRC
Typical2026 Q2

¥17.0M

¥213k/m²

  • Hinodecho
  • Tatebori
  • 3LDK · 80 m²
  • Built 2008 (18 yrs)
Higher-priced2025 Q4

¥29.0M

¥527k/m²

  • Mitojimamotocho
  • Fuji · 5 min walk
  • 1LDK · 55 m²
  • Built 2022 (3 yrs) · RC

House

Lower-priced2026 Q2

¥5.5M

¥41k/m²

  • Kitamatsuno
  • Fujikawa(Shizuoka)
  • Land 210 m² · floor 135 m²
  • Built 1975 (51 yrs) · Wood
Typical2026 Q1

¥18.0M

¥150k/m²

  • Samejima
  • Fuji
  • Land 200 m² · floor 120 m²
  • Built 2012 (14 yrs) · Light steel
Higher-priced2026 Q2

¥35.0M

¥113k/m²

  • Aratajimacho
  • Yoshiwara
  • Land 175 m² · floor 310 m²
  • Built 1990 (36 yrs) · Steel
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006––
2007–¥17.0M
2008–¥27.5M
2009–¥23.0M
2010¥9.3M¥21.0M
2011–¥24.0M
2012¥10.0M¥21.0M
2013¥7.3M¥22.0M
2014¥8.9M¥20.0M
2015¥11.5M¥21.0M
2016¥11.0M¥20.0M
2017¥11.5M¥22.0M
2018¥11.0M¥22.0M
2019¥11.0M¥22.0M
2020¥12.5M¥22.0M
2021¥14.0M¥22.0M
2022¥12.0M¥22.0M
2023¥21.5M¥23.0M
2024¥13.0M¥23.0M
2025¥15.0M¥18.0M
2026 (partial)–¥14.0M
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¥300k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006––¥49k/m²
2007–¥126k/m²¥69k/m²
2008–¥178k/m²¥69k/m²
2009–¥155k/m²¥70k/m²
2010¥145k/m²¥152k/m²¥66k/m²
2011–¥158k/m²¥61k/m²
2012¥143k/m²¥174k/m²¥59k/m²
2013¥120k/m²¥155k/m²¥58k/m²
2014¥173k/m²¥160k/m²¥56k/m²
2015¥168k/m²¥146k/m²¥59k/m²
2016¥147k/m²¥146k/m²¥55k/m²
2017¥200k/m²¥171k/m²¥53k/m²
2018¥158k/m²¥170k/m²¥54k/m²
2019¥169k/m²¥154k/m²¥48k/m²
2020¥192k/m²¥149k/m²¥49k/m²
2021¥200k/m²¥182k/m²¥50k/m²
2022¥183k/m²¥158k/m²¥51k/m²
2023¥285k/m²¥140k/m²¥45k/m²
2024¥181k/m²¥143k/m²¥45k/m²
2025¥206k/m²¥133k/m²¥45k/m²
2026 (partial)–¥83k/m²¥47k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 25 years — House prices per m² drop about 61% 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¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥275k/m²
1–¥256k/m²
2–¥287k/m²
6–¥220k/m²
8–¥227k/m²
20–¥161k/m²
21–¥149k/m²
22¥233k/m²¥118k/m²
23–¥120k/m²
24–¥93k/m²
25–¥107k/m²
26–¥122k/m²
27–¥107k/m²
28–¥136k/m²
29–¥79k/m²
30–¥104k/m²
31–¥111k/m²
32¥112k/m²¥76k/m²
33–¥104k/m²
34–¥109k/m²
35–¥74k/m²
36–¥95k/m²
37–¥115k/m²
38–¥70k/m²
39–¥80k/m²
40–¥71k/m²
41–¥80k/m²
43–¥111k/m²
44–¥52k/m²
45–¥44k/m²
46–¥56k/m²
47–¥68k/m²
48–¥45k/m²
49–¥68k/m²
50–¥53k/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¥107k/m²¥150k/m²––
2008¥115k/m²¥158k/m²¥313k/m²–
2009¥124k/m²¥133k/m²¥267k/m²–
2010¥117k/m²¥130k/m²¥260k/m²–
2011¥109k/m²¥138k/m²–¥278k/m²
2012¥92k/m²¥123k/m²–¥240k/m²
2013¥71k/m²¥109k/m²–¥271k/m²
2014¥95k/m²¥115k/m²–¥242k/m²
2015¥72k/m²¥100k/m²–¥240k/m²
2016¥77k/m²¥103k/m²–¥248k/m²
2017¥66k/m²¥109k/m²–¥240k/m²
2018¥52k/m²¥93k/m²–¥235k/m²
2019¥85k/m²¥103k/m²–¥245k/m²
2020¥67k/m²¥100k/m²–¥242k/m²
2021¥62k/m²¥104k/m²––
2022¥45k/m²¥100k/m²––
2023¥71k/m²¥82k/m²¥143k/m²–
2024¥58k/m²¥108k/m²¥136k/m²–
2025¥43k/m²¥93k/m²¥137k/m²¥225k/m²
2026 (partial)–¥70k/m²––

Prices near train stations in Fuji City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Fuji (富士)¥15.0M¥200k/m²¥24.0M18550
Yoshiwara (吉原)¥17.5M¥219k/m²¥15.0M15129
Fujikawa(Shizuoka) (富士川)––¥7.9M1034
Iriyamase (入山瀬)––¥22.0M1233
Fujine(Shizuoka) (富士根)––¥13.5M1420
Higashi Tagonoura (東田子の浦)––¥12.0M1113

Used condo prices by layout in Fuji City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥16.5M70 m²58
2LDK¥21.0M65 m²14
4LDK¥15.5M85 m²10

How much does an apartment cost in Fuji City?

The median used condo (mansion) in Fuji City sold for ¥15.0M in 2025, about ¥206k/m², based on 32 recorded sales.

How much does a house cost in Fuji City?

The median house sale, including the land, was ¥18.0M in 2025 across 237 sales.

Are property prices in Fuji City going up?

Over the five years to 2025, condo prices per m² changed +7.1% and residential land prices changed -8.2%.

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.