Roppongi, Minato, Tokyo
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Mizuho Town, Nishitama County 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)
¥27.0M
Residential land per m² (sales)
¥91k/m²
-0.5% over 5 years
Transactions in 2025
63
#47 of 50 areas in Tokyo by price per m²

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 1.3% a year, down from 3.5% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Moving with Tokyo

Per m², houses here are 59% below the Tokyo average. That position has barely changed in ten years, so it moves with the wider market.

Sales are thinning out

Transactions are down about 12% 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 ¥19.0M and ¥35.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.9% between 2020 and 2025 (+1.4% for the wider area). More people moved in than out in 2025, a net gain of about 7.6 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 3.9% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

12.3% of homes were empty in 2023 (10.9% for the wider area), and 5.6% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Lower earthquake risk

The government's seismic model gives a 19% chance of shaking of intensity 6-lower or stronger in the next 30 years (53% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

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 +2% in the year to January 2026 and +6% 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, 77% 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 Mizuho Town, Nishitama County: people, homes and risks

Population 2025
31,161
-1.9% since 2020
Tokyo: +1.4%
Net moves in 2025
+237
+7.61 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
12.3%
5.6% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥50k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
19.2%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Official land price 2026
¥111k/m²
+1.8% in a year · +6.2% in 5 years
Tokyo: ¥407k/m²
Flood exposure
76.9%
of 13 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 13 benchmark sites in a landslide warning area
Tokyo: 0.8%

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 Mizuho Town, Nishitama County

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 Q1

¥9.0M

¥120k/m²

  • Oaza Komagatafujiyama
  • Hakonegasaki · 23 min walk
  • Land 100 m² · floor 75 m²
  • Built 1986 (40 yrs) · Wood
Typical2025 Q4

¥25.0M

¥263k/m²

  • Oaza Tonogaya
  • Hakonegasaki · 19 min walk
  • Land 150 m² · floor 95 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q3

¥41.0M

¥273k/m²

  • Oaza Musashi
  • Hakonegasaki · 15 min walk
  • Land 240 m² · floor 150 m²
  • Built 1997 (28 yrs) · 鉄骨造、木造
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥25.0M
2008¥29.0M
2009¥20.5M
2010¥23.0M
2011¥20.0M
2012¥19.0M
2013¥21.0M
2014¥21.0M
2015¥21.0M
2016¥23.5M
2017¥21.0M
2018¥24.0M
2019¥26.0M
2020¥20.0M
2021¥22.0M
2022¥28.0M
2023¥28.0M
2024¥24.0M
2025¥27.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥259k/m²¥110k/m²
2008¥262k/m²¥81k/m²
2009¥200k/m²¥80k/m²
2010¥211k/m²¥64k/m²
2011¥211k/m²¥80k/m²
2012¥190k/m²¥69k/m²
2013¥210k/m²¥91k/m²
2014¥200k/m²¥91k/m²
2015¥187k/m²¥74k/m²
2016¥229k/m²¥82k/m²
2017¥200k/m²¥80k/m²
2018¥219k/m²¥77k/m²
2019¥265k/m²¥80k/m²
2020¥195k/m²¥91k/m²
2021¥225k/m²¥93k/m²
2022¥292k/m²¥95k/m²
2023¥255k/m²¥89k/m²
2024¥242k/m²¥91k/m²
2025¥250k/m²¥91k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k01
Show data table
Building age (years)House
0¥293k/m²
1¥316k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k20102011201220132014201520162017

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
2010¥240k/m²–
2011–¥232k/m²
2013–¥232k/m²
2015–¥220k/m²
2016–¥250k/m²
2017–¥251k/m²

Prices near train stations in Mizuho Town, Nishitama County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Hakonegasaki (箱根ケ崎)––¥26.0M19111

How much does a house cost in Mizuho Town, Nishitama County?

The median house sale, including the land, was ¥27.0M in 2025 across 37 sales.

Are property prices in Mizuho Town, Nishitama County going up?

Over the five years to 2025, residential land prices changed -0.5%.

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.