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

Kosai 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)
¥21.0M
Residential land per m² (sales)
¥50k/m²
+25.3% over 5 years
Transactions in 2025
96
#12 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 3.1% 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 priced close to the Shizuoka average. The premium was 15% ten years ago, so the rest of Shizuoka has been catching up.

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 94% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

What a typical purchase costs

Half of all house sales last year were between ¥11.8M and ¥32.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4.6% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

15.2% of homes were empty in 2023 (16.7% for the wider area), and 6.4% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

High earthquake risk

The government's seismic model gives a 79% 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 +2% over five years. They are still 32% 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, 8% 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 Kosai City: people, homes and risks

Population 2025
55,211
-4.6% since 2020
Shizuoka: -4.5%
Net moves in 2025
-73
-1.32 per 1,000 residents
Shizuoka: -1.93
Vacant homes (2023)
15.2%
6.4% empty and not for rent or sale
Shizuoka: 16.7%
Median rent (2023)
¥49k
per month, all rented homes
Shizuoka: ¥53k
Strong earthquake risk
79.2%
chance of shaking of intensity 6-lower or more within 30 years
Shizuoka: 72.1%
Official land price 2026
¥53k/m²
+0.6% in a year · +2.2% in 5 years
Shizuoka: ¥64k/m²
Flood exposure
0.0%
of 13 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shizuoka: 44.4%
Tsunami exposure
7.7%
of 13 benchmark sites in a tsunami inundation zone
Shizuoka: 6.0%
Landslide exposure
0.0%
of 13 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 Kosai 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-priced2026 Q2

¥9.0M

¥95k/m²

  • Ekiminami
  • Shinjohara · 10 min walk
  • Land 175 m² · floor 95 m²
  • Built 1982 (44 yrs) · Light steel
Typical2025 Q3

¥18.0M

¥144k/m²

  • Araichoarai
  • Araimachi · 20 min walk
  • Land 165 m² · floor 125 m²
  • Built 1994 (31 yrs) · Light steel
Higher-priced2026 Q2

¥33.0M

¥287k/m²

  • Araichouchiyama
  • Araimachi · 11 min walk
  • Land 260 m² · floor 115 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥33.0M
2008¥31.0M
2009¥29.0M
2010¥28.0M
2011¥26.5M
2012¥25.0M
2013¥27.0M
2014¥20.0M
2015¥24.0M
2016¥21.0M
2017¥22.0M
2018¥24.0M
2019¥22.0M
2020¥21.0M
2021¥21.0M
2022¥12.5M
2023¥19.0M
2024¥15.0M
2025¥21.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥271k/m²¥70k/m²
2008¥275k/m²¥59k/m²
2009¥233k/m²¥57k/m²
2010¥219k/m²¥57k/m²
2011¥188k/m²¥62k/m²
2012¥192k/m²¥58k/m²
2013¥208k/m²¥57k/m²
2014¥152k/m²¥53k/m²
2015¥204k/m²¥50k/m²
2016¥165k/m²¥40k/m²
2017¥190k/m²¥42k/m²
2018¥210k/m²¥41k/m²
2019¥181k/m²¥42k/m²
2020¥143k/m²¥40k/m²
2021¥187k/m²¥30k/m²
2022¥109k/m²¥48k/m²
2023¥107k/m²¥38k/m²
2024¥100k/m²¥41k/m²
2025¥177k/m²¥50k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥261k/m²
50¥42k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2009201020112012201320142015201620172018

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
Year2001-20102011-2020
2009¥274k/m²–
2010¥270k/m²–
2014–¥278k/m²
2018–¥293k/m²

Prices near train stations in Kosai City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Washizu (鷲津)––¥16.0M1450
Araimachi (新居町)––¥17.5M1544
Shinjohara (新所原)––¥22.5M1432

How much does a house cost in Kosai City?

The median house sale, including the land, was ¥21.0M in 2025 across 44 sales.

Are property prices in Kosai City going up?

Over the five years to 2025, residential land prices changed +25.3%.

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.