Roppongi, Minato, Tokyo
Photo: Roppongi, Minato, Tokyo · Takashi Miyazaki / Unsplash

Musashino 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
¥66.0M
¥1.1M/m²
Median house price (land + building)
¥89.0M
Residential land per m² (sales)
¥690k/m²
+38.0% over 5 years
Transactions in 2025
222
#16 of 50 areas in Tokyo by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 7% a year over the past five years, faster than the 1.7% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Lagging Tokyo

Per m², condos here are priced close to the Tokyo average. Ten years ago the gap was 7%, so Musashino City has been falling behind the rest of Tokyo.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 30% 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 mixed market

Condo sales are split between small units (23%) and family-sized homes (40%), so the market serves both investors and owner-occupiers.

Sales are thinning out

Transactions are down about 19% 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 ¥35.0M and ¥88.0M. Listings outside that range are either unusual properties or worth a closer look.

A stable population

The population was roughly stable between 2020 and 2025 (+1.4% for the wider area). Moves in and out roughly balanced in 2025.

Typical vacancy

11% of homes were empty in 2023 (10.9% for the wider area), and 3.6% 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 69.2 years of the area's median rent (¥79k a month), compared with 39.4 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 50% chance of shaking of intensity 6-lower or stronger in the next 30 years (53% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Official land prices are rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +6% in the year to January 2026 and +22% over five years. They are still 36% 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, 26% 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 Musashino City: people, homes and risks

Population 2025
150,700
+0.4% since 2020
Tokyo: +1.4%
Net moves in 2025
+127
+0.84 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
11.0%
3.6% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥79k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
49.5%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Official land price 2026
¥733k/m²
+5.6% in a year · +21.5% in 5 years
Tokyo: ¥407k/m²
Flood exposure
25.8%
of 31 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 31 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 Musashino 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

¥26.0M

¥578k/m²

  • Nakacho
  • Mitaka · 13 min walk
  • 2DK · 45 m²
  • Built 1968 (57 yrs) · RC
Typical2026 Q1

¥65.0M

¥1.2M/m²

  • Kichijojihoncho
  • Kichijoji · 8 min walk
  • 2LDK · 55 m²
  • Built 1990 (36 yrs) · RC
Higher-priced2025 Q3

¥91.0M

¥1.3M/m²

  • Kyonancho
  • Musashi Sakai · 12 min walk
  • 3LDK · 70 m²
  • Built 2021 (4 yrs) · RC

House

Lower-priced2025 Q3

¥58.0M

¥580k/m²

  • Nishikubo
  • Mitaka · 18 min walk
  • Land 80 m² · floor 100 m²
  • Built 1991 (34 yrs) · Wood
Typical2026 Q1

¥83.0M

¥790k/m²

  • Sekimae
  • Musashi Sakai · 15 min walk
  • Land 130 m² · floor 105 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2025 Q4

¥140M

¥1.4M/m²

  • Kichijojiminamicho
  • Kichijoji · 8 min walk
  • Land 90 m² · floor 100 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by yearA jump driven by what sold — The median condo price rose 42% between 2023 and 2025. Per m², prices rose only 21%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 114 condo sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥50.0M¥100M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥16.0M¥75.0M
2008¥36.0M¥76.5M
2009¥34.0M¥69.0M
2010¥45.0M¥69.5M
2011¥37.0M¥67.0M
2012¥38.0M¥76.0M
2013¥33.5M¥70.0M
2014¥36.0M¥70.0M
2015¥42.0M¥73.0M
2016¥40.0M¥79.0M
2017¥40.0M¥76.0M
2018¥47.5M¥79.0M
2019¥45.0M¥75.0M
2020¥44.5M¥72.0M
2021¥48.5M¥73.0M
2022¥51.0M¥86.0M
2023¥46.5M¥92.0M
2024¥55.0M¥85.0M
2025¥66.0M¥89.0M
2026 (partial)¥70.0M–
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 24% 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¥500k¥1.0M¥1.5M2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥600k/m²¥710k/m²¥540k/m²
2008¥625k/m²¥667k/m²¥530k/m²
2009¥636k/m²¥618k/m²¥425k/m²
2010¥662k/m²¥601k/m²¥470k/m²
2011¥686k/m²¥592k/m²¥440k/m²
2012¥646k/m²¥612k/m²¥460k/m²
2013¥658k/m²¥600k/m²¥490k/m²
2014¥644k/m²¥665k/m²¥440k/m²
2015¥700k/m²¥661k/m²¥480k/m²
2016¥700k/m²¥703k/m²¥490k/m²
2017¥765k/m²¥724k/m²¥480k/m²
2018¥780k/m²¥733k/m²¥500k/m²
2019¥713k/m²¥648k/m²¥460k/m²
2020¥751k/m²¥682k/m²¥500k/m²
2021¥834k/m²¥695k/m²¥520k/m²
2022¥908k/m²¥825k/m²¥620k/m²
2023¥871k/m²¥853k/m²¥620k/m²
2024¥1.0M/m²¥780k/m²¥760k/m²
2025¥1.1M/m²¥789k/m²¥690k/m²
2026 (partial)¥1.2M/m²––
Price per m² by building age (2021–2025 sales)
¥0¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥900k/m²
1–¥830k/m²
7–¥865k/m²
9¥1.1M/m²–
11¥1.1M/m²–
12¥1.1M/m²–
13¥1.2M/m²–
14¥1.2M/m²–
15¥1.1M/m²–
16¥1.1M/m²–
17¥964k/m²–
18¥1.1M/m²–
19¥1.0M/m²–
20¥996k/m²–
21¥1.0M/m²–
22¥1.0M/m²–
23¥986k/m²–
26¥1.0M/m²–
35¥600k/m²–
37¥683k/m²–
38¥680k/m²–
39¥774k/m²–
40¥868k/m²–
50¥578k/m²¥646k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M¥1.5M2007200920112013201520172019202120232025

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
Year1981-20002001-20102011-2020
2007¥500k/m²––
2008¥604k/m²¥719k/m²–
2009¥550k/m²––
2010¥636k/m²¥707k/m²–
2011¥524k/m²¥850k/m²–
2012¥564k/m²¥774k/m²–
2013¥600k/m²¥753k/m²–
2014¥540k/m²¥832k/m²–
2015¥567k/m²¥876k/m²–
2016¥647k/m²¥942k/m²–
2017¥583k/m²¥878k/m²–
2018¥713k/m²¥857k/m²–
2019¥721k/m²¥788k/m²¥651k/m²
2020¥801k/m²¥943k/m²–
2021¥714k/m²¥982k/m²¥1.1M/m²
2022¥736k/m²¥1.1M/m²–
2023¥800k/m²¥983k/m²–
2024¥812k/m²¥1.1M/m²¥1.2M/m²
2025¥967k/m²¥1.2M/m²¥1.3M/m²
House price per m² by construction period
¥0¥200k¥400k¥600k¥800k200820102012201420162018202020222024

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
Year1981-20002001-20102011-2020
2008¥486k/m²¥763k/m²–
2009–¥680k/m²–
2010¥549k/m²¥705k/m²–
2011¥561k/m²––
2012¥503k/m²–¥779k/m²
2013¥479k/m²–¥705k/m²
2014¥444k/m²–¥779k/m²
2015¥588k/m²–¥765k/m²
2016––¥769k/m²
2017¥615k/m²–¥768k/m²
2018¥527k/m²–¥795k/m²
2019¥525k/m²–¥690k/m²
2020¥530k/m²–¥713k/m²
2021¥527k/m²––
2025¥613k/m²––

Prices near train stations in Musashino City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Mitaka (三鷹)¥62.0M¥1.0M/m²¥85.0M13217
Kichijoji (吉祥寺)¥43.5M¥1.1M/m²¥110M9159
Musashi Sakai (武蔵境)¥53.0M¥867k/m²¥80.0M10126
Higashi Koganei (東小金井)–––1917

Used condo prices by layout in Musashino City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥72.0M70 m²104
2LDK¥66.0M55 m²61
1K¥16.0M20 m²53
1LDK¥41.5M40 m²28
2DK¥25.0M40 m²12
4LDK¥78.0M85 m²11

How much does an apartment cost in Musashino City?

The median used condo (mansion) in Musashino City sold for ¥66.0M in 2025, about ¥1.1M/m², based on 114 recorded sales.

How much does a house cost in Musashino City?

The median house sale, including the land, was ¥89.0M in 2025 across 59 sales.

Are property prices in Musashino City going up?

Over the five years to 2025, condo prices per m² changed +39.9% and residential land prices changed +38.0%.

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.