Kintaikyo Bridge, Iwakuni, Yamaguchi
Photo: Kintaikyo Bridge, Iwakuni, Yamaguchi · Shino Nakamura / Unsplash

Nagato 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)
¥3.0M
Residential land per m² (sales)
¥9k/m²
+4.0% over 5 years
Transactions in 2025
51
#13 of 13 areas in Yamaguchi by price per m²

What the data says

A long, slow decline

House prices per m² have been falling for a decade, by about 6.3% a year recently. Prices are low, but resale values are likely to keep easing, so buy here to live, not as an investment.

Lagging Yamaguchi

Per m², houses here are 65% below the Yamaguchi average. Ten years ago the gap was 37%, so Nagato City has been falling behind the rest of Yamaguchi.

Station distance barely matters

Houses 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.

What a typical purchase costs

Half of all house sales last year were between ¥1.0M and ¥8.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 11.3% between 2020 and 2025 (−5.8% 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.

Many abandoned homes

22.2% of homes were empty in 2023 (19.4% for the wider area), and 17.4% 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.

Lower earthquake risk

The government's seismic model gives a 11% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

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.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 20% are in a landslide warning area. 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 Nagato City: people, homes and risks

Population 2025
28,832
-11.3% since 2020
Yamaguchi: -5.8%
Net moves in 2025
-74
-2.57 per 1,000 residents
Yamaguchi: -3.88
Vacant homes (2023)
22.2%
17.4% empty and not for rent or sale
Yamaguchi: 19.4%
Median rent (2023)
¥36k
per month, all rented homes
Yamaguchi: ¥44k
Strong earthquake risk
11.4%
chance of shaking of intensity 6-lower or more within 30 years
Yamaguchi: 11.7%
Official land price 2026
¥19k/m²
-0.3% in a year · -2.9% in 5 years
Yamaguchi: ¥33k/m²
Flood exposure
0.0%
of 5 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Yamaguchi: 35.6%
Landslide exposure
20.0%
of 5 benchmark sites in a landslide warning area
Yamaguchi: 10.7%

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 Nagato 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

¥1.0M

¥4k/m²

  • Senzaki
  • Senzaki · 1 min walk
  • Land 120 m² · floor 260 m²
  • Built 1970 (55 yrs) · Steel
Typical2025 Q4

¥3.0M

¥18k/m²

  • Senzaki
  • Senzaki · 8 min walk
  • Land 135 m² · floor 165 m²
  • Built 1993 (32 yrs) · Wood
Higher-priced2025 Q4

¥8.0M

¥28k/m²

  • Hekikami
  • Kiwado · 2 min walk
  • Land 1200 m² · floor 290 m²
  • Built 1990 (35 yrs) · Wood
Median transaction price by year
¥0¥2.0M¥4.0M¥6.0M¥8.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008–
2009¥4.5M
2010–
2011–
2012–
2013–
2014¥6.8M
2015¥7.1M
2016¥3.9M
2017¥4.5M
2018–
2019¥5.0M
2020¥5.5M
2021¥4.8M
2022¥6.8M
2023¥4.8M
2024¥3.8M
2025¥3.0M
Median price per m² by year
¥0¥20k¥40k¥60k¥80k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥21k/m²
2008–¥12k/m²
2009¥47k/m²–
2010–¥17k/m²
2011–¥17k/m²
2012–¥17k/m²
2013–¥15k/m²
2014¥51k/m²¥12k/m²
2015¥63k/m²¥11k/m²
2016¥51k/m²¥8k/m²
2017¥40k/m²–
2018–¥10k/m²
2019¥45k/m²¥12k/m²
2020¥36k/m²¥9k/m²
2021¥37k/m²¥9k/m²
2022¥33k/m²¥12k/m²
2023¥38k/m²¥16k/m²
2024¥34k/m²¥11k/m²
2025¥24k/m²¥9k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥245k/m²
31¥46k/m²
50¥10k/m²

Prices near train stations in Nagato City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Senzaki (仙崎)––¥6.0M923
Nagatoshi (長門市)––¥7.1M1119
Nagato Misumi (長門三隅)––¥3.0M2211
Nagato Furuichi (長門古市)––¥3.0M1210

How much does a house cost in Nagato City?

The median house sale, including the land, was ¥3.0M in 2025 across 21 sales.

Are property prices in Nagato City going up?

Over the five years to 2025, residential land prices changed +4.0%.

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.