Tokushima City
Photo: Tokushima City · Tuan P. / Unsplash

Tokushima 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
¥11.0M
¥173k/m²
Median house price (land + building)
¥18.0M
Residential land per m² (sales)
¥51k/m²
+6.2% over 5 years
Transactions in 2025
462
#1 of 5 areas in Tokushima by price per m²

What the data says

The trend has turned down

After rising earlier, condo prices per m² have slipped by about 1.9% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Moving with Tokushima

Per m², condos here are priced close to the Tokushima average. That position has barely changed in ten years, so it moves with the wider market.

Station distance barely matters

Condos 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

A family market

68% 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.

What a typical purchase costs

Half of all condo sales last year were between ¥6.8M and ¥20.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4.5% between 2020 and 2025 (−6.1% for the wider area). More people moved out than in during 2025 (about 2.6 per 1,000 residents), which weakens long-term housing demand.

Typical vacancy

18.1% of homes were empty in 2023 (21.3% for the wider area), and 7.1% 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 19.1 years of the area's median rent (¥48k a month), compared with 20.2 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 77% chance of shaking of intensity 6-lower or stronger in the next 30 years (75% 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 flat

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 -1% over five years. They are still 39% below their 1991 bubble-era level. 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, 97% are inside the worst-case flood zone (33% with expected depths of 3 m or more), 83% 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 Tokushima City: people, homes and risks

Population 2025
241,075
-4.5% since 2020
Tokushima: -6.1%
Net moves in 2025
-640
-2.65 per 1,000 residents
Tokushima: -3.62
Vacant homes (2023)
18.1%
7.1% empty and not for rent or sale
Tokushima: 21.3%
Median rent (2023)
¥48k
per month, all rented homes
Tokushima: ¥45k
Strong earthquake risk
77.4%
chance of shaking of intensity 6-lower or more within 30 years
Tokushima: 74.5%
Official land price 2026
¥69k/m²
0.0% in a year · -0.6% in 5 years
Tokushima: ¥38k/m²
Flood exposure
96.5%
of 57 benchmark sites in a worst-case flood zone (33.3% 3 m or deeper)
Tokushima: 86.3%
Tsunami exposure
82.5%
of 57 benchmark sites in a tsunami inundation zone
Tokushima: 72.5%
Landslide exposure
0.0%
of 57 benchmark sites in a landslide warning area
Tokushima: 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 Tokushima 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 Q4

¥6.3M

¥105k/m²

  • Tomidabashi
  • Niken ya · 5 min walk
  • 2LDK · 60 m²
  • Built 1991 (34 yrs) · SRC
Typical2026 Q2

¥12.0M

¥185k/m²

  • Hachimancho
  • Bunkanomori · 20 min walk
  • 3LDK · 65 m²
  • Built 1995 (31 yrs) · RC
Higher-priced2026 Q1

¥25.0M

¥357k/m²

  • Kitamaegawacho
  • Tokushima · 13 min walk
  • 3LDK · 70 m²
  • Built 2012 (14 yrs) · RC

House

Lower-priced2025 Q4

¥7.8M

¥65k/m²

  • Hachimancho
  • Bunkanomori · 25 min walk
  • Land 150 m² · floor 120 m²
  • Built 1984 (41 yrs) · Wood
Typical2026 Q1

¥18.0M

¥16k/m²

  • Kamihachimancho
  • Bunkanomori
  • Land 1400 m² · floor 1100 m²
  • Built 1992 (34 yrs) · Steel
Higher-priced2026 Q1

¥35.0M

¥200k/m²

  • Fukushima
  • Tokushima · 20 min walk
  • Land 180 m² · floor 175 m²
  • Built 1989 (37 yrs) · Steel
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥9.2M¥16.5M
2008¥8.6M¥18.0M
2009¥8.8M¥18.0M
2010¥8.0M¥17.0M
2011¥8.0M¥16.0M
2012¥8.6M¥18.0M
2013¥9.5M¥17.0M
2014¥10.5M¥15.0M
2015¥10.0M¥17.0M
2016¥8.5M¥17.0M
2017¥12.0M¥17.0M
2018¥8.7M¥15.0M
2019¥15.0M¥15.0M
2020¥14.0M¥16.0M
2021¥15.0M¥15.0M
2022¥12.0M¥19.0M
2023¥13.0M¥15.0M
2024¥13.0M¥17.0M
2025¥11.0M¥18.0M
2026 (partial)¥13.0M¥19.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 38% 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¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥132k/m²¥134k/m²¥79k/m²
2008¥135k/m²¥130k/m²¥64k/m²
2009¥138k/m²¥107k/m²¥68k/m²
2010¥120k/m²¥112k/m²¥63k/m²
2011¥117k/m²¥113k/m²¥57k/m²
2012¥141k/m²¥118k/m²¥54k/m²
2013¥146k/m²¥116k/m²¥58k/m²
2014¥157k/m²¥110k/m²¥54k/m²
2015¥140k/m²¥114k/m²¥48k/m²
2016¥128k/m²¥130k/m²¥48k/m²
2017¥167k/m²¥116k/m²¥49k/m²
2018¥148k/m²¥111k/m²¥45k/m²
2019¥207k/m²¥113k/m²¥48k/m²
2020¥189k/m²¥114k/m²¥48k/m²
2021¥175k/m²¥107k/m²¥51k/m²
2022¥183k/m²¥123k/m²¥53k/m²
2023¥205k/m²¥102k/m²¥54k/m²
2024¥186k/m²¥101k/m²¥53k/m²
2025¥173k/m²¥121k/m²¥51k/m²
2026 (partial)¥174k/m²¥126k/m²¥52k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥286k/m²
1–¥221k/m²
2–¥318k/m²
16¥283k/m²–
20–¥123k/m²
22¥214k/m²–
24–¥127k/m²
25–¥104k/m²
26–¥111k/m²
27–¥143k/m²
28–¥83k/m²
29¥147k/m²¥117k/m²
30¥135k/m²¥90k/m²
31¥147k/m²¥114k/m²
32¥136k/m²¥112k/m²
33¥134k/m²¥96k/m²
34¥127k/m²¥86k/m²
35¥116k/m²¥105k/m²
36–¥62k/m²
37–¥60k/m²
38–¥90k/m²
40–¥60k/m²
41–¥69k/m²
43–¥48k/m²
44–¥53k/m²
45–¥36k/m²
46–¥66k/m²
47–¥37k/m²
48–¥56k/m²
49–¥50k/m²
50–¥54k/m²
Condo price per m² by construction period
¥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
Year1981-20002001-2010
2007¥120k/m²–
2008¥114k/m²–
2009¥127k/m²–
2010¥100k/m²–
2011¥110k/m²–
2012¥124k/m²–
2013¥132k/m²–
2014¥133k/m²–
2015¥131k/m²–
2016¥120k/m²–
2017¥154k/m²–
2018¥125k/m²–
2019¥146k/m²–
2020¥133k/m²¥271k/m²
2021¥139k/m²–
2022¥134k/m²–
2023¥150k/m²–
2024¥125k/m²–
2025¥125k/m²–
House price per m² by construction period
¥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
Year1971-19801981-20002001-20102011-2020
2007¥110k/m²¥142k/m²––
2008¥92k/m²¥114k/m²¥229k/m²–
2009¥83k/m²¥105k/m²¥219k/m²–
2010¥79k/m²¥107k/m²¥220k/m²–
2011¥87k/m²¥116k/m²––
2012¥73k/m²¥117k/m²–¥232k/m²
2013¥84k/m²¥100k/m²––
2014¥75k/m²¥110k/m²––
2015¥77k/m²¥110k/m²–¥228k/m²
2016¥59k/m²¥120k/m²–¥248k/m²
2017¥71k/m²¥102k/m²–¥248k/m²
2018¥77k/m²¥102k/m²–¥240k/m²
2019¥69k/m²¥96k/m²–¥278k/m²
2020¥61k/m²¥87k/m²–¥235k/m²
2021¥68k/m²¥78k/m²––
2022¥58k/m²¥95k/m²––
2023¥45k/m²¥104k/m²––
2024¥42k/m²¥94k/m²––
2025¥52k/m²¥102k/m²––
2026 (partial)–¥84k/m²––

Prices near train stations in Tokushima City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Tokushima (徳島)¥16.0M¥230k/m²¥19.0M16239
Awa Tomida (阿波富田)¥15.0M¥200k/m²¥11.0M979
Bunkanomori (文化の森)¥8.7M¥131k/m²¥15.5M2270
Sako(Tokushima) (佐古)¥11.0M¥173k/m²¥23.5M964
Niken ya (二軒屋)¥8.4M¥198k/m²¥16.0M1353
Kuramoto(Tokushima) (蔵本)––¥21.0M1448
Akui (鮎喰)––¥19.0M1646
Ko(Tokushima) (府中(徳島))––¥17.5M1646
Jizobashi (地蔵橋)––¥12.0M1431
Yoshinari (吉成)––¥14.5M2620
Chuden(Tokushima) (中田(徳島))––¥12.0M2617

Used condo prices by layout in Tokushima City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥14.5M70 m²110
2LDK¥13.5M65 m²32
4LDK¥15.0M85 m²15
1K¥3.0M20 m²10

How much does an apartment cost in Tokushima City?

The median used condo (mansion) in Tokushima City sold for ¥11.0M in 2025, about ¥173k/m², based on 76 recorded sales.

How much does a house cost in Tokushima City?

The median house sale, including the land, was ¥18.0M in 2025 across 179 sales.

Are property prices in Tokushima City going up?

Over the five years to 2025, condo prices per m² changed -8.4% and residential land prices changed +6.3%.

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.