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

Ito City Housing Market Report 2025

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

Key figures for 2025

Median house price (land + building)
¥8.5M
+6.3% vs 2024
Residential land per m² (sales)
¥12k/m²
0.0% over 5 years
Transactions in 2025
289
#24 of 30 areas in Shizuoka by price per m²

What the data says

A long, slow decline

House prices per m² have been falling for a decade, by about 2.4% a year recently. Prices are low, but resale values are likely to keep easing, so buy here to live, not as an investment.

Lagging Shizuoka

Per m², houses here are 47% below the Shizuoka average. Ten years ago the gap was 36%, so Ito City has been falling behind the rest of Shizuoka.

A modest station premium

Houses within a 5-minute walk of a station sell for about 3% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

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 house sales last year were between ¥3.0M and ¥16.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 6.6% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025.

Many abandoned homes

39.5% of homes were empty in 2023 (16.7% for the wider area), and 10.3% 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. About 21.5% of homes are second homes, which points to a resort or holiday-home market.

Moderate earthquake risk

The government's seismic model gives a 26% chance of shaking of intensity 6-lower or stronger in the next 30 years (72% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and 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. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 38% are inside the worst-case flood zone, 25% are in a tsunami inundation 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 Ito City: people, homes and risks

Population 2025
61,192
-6.6% since 2020
Shizuoka: -4.5%
Net moves in 2025
-22
-0.36 per 1,000 residents
Shizuoka: -1.93
Vacant homes (2023)
39.5%
10.3% empty and not for rent or sale
Shizuoka: 16.7%
Median rent (2023)
¥46k
per month, all rented homes
Shizuoka: ¥53k
Strong earthquake risk
26.1%
chance of shaking of intensity 6-lower or more within 30 years
Shizuoka: 72.1%
Official land price 2026
¥59k/m²
-0.1% in a year · -2.7% in 5 years
Shizuoka: ¥64k/m²
Flood exposure
37.5%
of 8 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shizuoka: 44.4%
Tsunami exposure
25.0%
of 8 benchmark sites in a tsunami inundation zone
Shizuoka: 6.0%
Landslide exposure
0.0%
of 8 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 Ito 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 Q4

¥2.8M

¥25k/m²

  • Ogi
  • Minami Ito
  • Land 180 m² · floor 110 m²
  • Built 1991 (34 yrs) · Wood
Typical2025 Q4

¥9.5M

¥53k/m²

  • Ohara
  • Ito · 29 min walk
  • Land 330 m² · floor 180 m²
  • Built 1960 (65 yrs) · Wood
Higher-priced2026 Q1

¥21.0M

¥45k/m²

  • Okahirocho
  • Ito · 9 min walk
  • Land 175 m² · floor 470 m²
  • Built 1994 (32 yrs) · RC
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥18.0M
2008¥16.0M
2009¥15.0M
2010¥14.0M
2011¥13.0M
2012¥12.0M
2013¥12.0M
2014¥12.0M
2015¥12.0M
2016¥10.0M
2017¥10.5M
2018¥9.3M
2019¥9.0M
2020¥8.9M
2021¥9.5M
2022¥10.0M
2023¥8.2M
2024¥9.5M
2025¥8.5M
2026 (partial)¥10.0M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥162k/m²¥19k/m²
2008¥150k/m²¥20k/m²
2009¥133k/m²¥17k/m²
2010¥126k/m²¥15k/m²
2011¥125k/m²¥17k/m²
2012¥120k/m²¥18k/m²
2013¥112k/m²¥25k/m²
2014¥110k/m²¥19k/m²
2015¥91k/m²¥12k/m²
2016¥95k/m²¥10k/m²
2017¥95k/m²¥17k/m²
2018¥93k/m²¥17k/m²
2019¥80k/m²¥16k/m²
2020¥84k/m²¥12k/m²
2021¥88k/m²¥11k/m²
2022¥104k/m²¥9k/m²
2023¥80k/m²¥9k/m²
2024¥71k/m²¥12k/m²
2025¥75k/m²¥12k/m²
2026 (partial)¥90k/m²¥12k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 29 years — House prices per m² drop about 74% from new by age 29, 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¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥315k/m²
1¥305k/m²
14¥267k/m²
16¥168k/m²
17¥172k/m²
18¥212k/m²
19¥166k/m²
20¥129k/m²
21¥162k/m²
22¥136k/m²
23¥121k/m²
24¥169k/m²
25¥105k/m²
26¥97k/m²
27¥98k/m²
28¥70k/m²
29¥83k/m²
30¥100k/m²
31¥62k/m²
32¥96k/m²
33¥86k/m²
34¥70k/m²
35¥90k/m²
36¥62k/m²
37¥82k/m²
38¥74k/m²
39¥64k/m²
40¥81k/m²
41¥108k/m²
42¥61k/m²
43¥49k/m²
44¥56k/m²
45¥67k/m²
46¥34k/m²
47¥47k/m²
48¥50k/m²
49¥39k/m²
50¥50k/m²
House price per m² by construction periodNewer buildings are pulling ahead — Buildings from the 2000s gained about 1.3% a year over the decade, versus 6.6% for pre-1981 stock. The market here clearly rewards newer construction. Pre-1981 buildings, built before the current earthquake standard, trade about 48% below 1980s–90s buildings.
¥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
Year1971-19801981-20002001-2010
2007¥144k/m²¥157k/m²–
2008¥129k/m²¥150k/m²¥250k/m²
2009¥100k/m²¥132k/m²¥244k/m²
2010¥99k/m²¥135k/m²¥227k/m²
2011¥118k/m²¥120k/m²–
2012¥96k/m²¥117k/m²–
2013¥78k/m²¥102k/m²¥174k/m²
2014¥92k/m²¥103k/m²¥153k/m²
2015¥61k/m²¥94k/m²¥161k/m²
2016¥64k/m²¥92k/m²¥167k/m²
2017¥69k/m²¥89k/m²¥174k/m²
2018¥61k/m²¥92k/m²¥162k/m²
2019¥42k/m²¥78k/m²¥176k/m²
2020¥67k/m²¥81k/m²¥180k/m²
2021¥59k/m²¥86k/m²¥160k/m²
2022¥55k/m²¥112k/m²¥237k/m²
2023¥56k/m²¥91k/m²¥172k/m²
2024¥38k/m²¥75k/m²¥170k/m²
2025¥40k/m²¥77k/m²¥188k/m²
2026 (partial)¥57k/m²¥87k/m²–

Prices near train stations in Ito City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Izu Kogen (伊豆高原)––¥10.0M18198
Futo (富戸)––¥9.9M11119
Usami (宇佐美)––¥5.0M1089
Kawana(Shizuoka) (川奈)––¥8.2M1588
Minami Ito (南伊東)––¥4.8M1074
Ito (伊東)––¥9.0M1872
Jogasaki Kaigan (城ケ崎海岸)––¥15.5M1370

How much does a house cost in Ito City?

The median house sale, including the land, was ¥8.5M in 2025 across 227 sales.

Are property prices in Ito City going up?

Over the five years to 2025, residential land prices changed 0.0%.

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.