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

Ube 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)
¥9.0M
Residential land per m² (sales)
¥33k/m²
+46.7% over 5 years
Transactions in 2025
242
#8 of 13 areas in Yamaguchi by price per m²

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 4.1% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Outperforming Yamaguchi

Per m², houses here are 9% below the Yamaguchi average. The discount has shrunk from 18% ten years ago, so Ube City is catching up with its surroundings.

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.

A family market

72% 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.

Sales are thinning out

Transactions are down about 17% 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 ¥3.6M and ¥21.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 6% between 2020 and 2025 (−5.8% for the wider area). More people moved out than in during 2025 (about 3.7 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

19.8% of homes were empty in 2023 (19.4% for the wider area), and 8.6% 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 10% 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 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. 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, 25% are inside the worst-case flood zone, 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 Ube City: people, homes and risks

Population 2025
152,811
-6.0% since 2020
Yamaguchi: -5.8%
Net moves in 2025
-568
-3.72 per 1,000 residents
Yamaguchi: -3.88
Vacant homes (2023)
19.8%
8.6% empty and not for rent or sale
Yamaguchi: 19.4%
Median rent (2023)
¥44k
per month, all rented homes
Yamaguchi: ¥44k
Strong earthquake risk
10.0%
chance of shaking of intensity 6-lower or more within 30 years
Yamaguchi: 11.7%
Official land price 2026
¥29k/m²
+0.5% in a year · +2.1% in 5 years
Yamaguchi: ¥33k/m²
Flood exposure
25.0%
of 12 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Yamaguchi: 35.6%
Tsunami exposure
8.3%
of 12 benchmark sites in a tsunami inundation zone
Yamaguchi: 8.2%
Landslide exposure
0.0%
of 12 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 Ube 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

¥8.1M

¥135k/m²

  • Kotobukicho
  • Kotoshiba · 5 min walk
  • 3LDK · 60 m²
  • Built 1997 (28 yrs) · SRC
Typical2026 Q1

¥19.0M

¥224k/m²

  • Uemachi
  • Ube Shinkawa · 8 min walk
  • 3LDK · 85 m²
  • Built 2001 (25 yrs) · SRC
Higher-priced2025 Q3

¥25.0M

¥294k/m²

  • Oaza Tsumazakigaisaku
  • Tsumazaki · 26 min walk
  • 3LDK · 85 m²
  • Built 2016 (9 yrs) · RC

House

Lower-priced2026 Q1

¥3.0M

¥60k/m²

  • Kitakotoshiba
  • Kotoshiba · 14 min walk
  • Land 125 m² · floor 50 m²
  • Built 1968 (58 yrs) · Wood
Typical2026 Q2

¥8.5M

¥68k/m²

  • Misakicho
  • Ubemisaki · 13 min walk
  • Land 350 m² · floor 125 m²
  • Built 1996 (30 yrs) · Wood
Higher-priced2026 Q1

¥28.0M

¥187k/m²

  • Oaza Nishikiwa
  • Tokonami · 29 min walk
  • Land 400 m² · floor 150 m²
  • Built 2026 (0 yrs)
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 33% below 2025, but it covers only part of the year and 52 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥5.0M¥10.0M¥15.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥12.0M
2008–¥11.0M
2009¥10.0M¥12.0M
2010¥15.0M¥13.0M
2011–¥11.5M
2012¥13.5M¥9.1M
2013¥10.3M¥9.0M
2014–¥10.0M
2015¥10.5M¥12.0M
2016–¥9.9M
2017–¥14.0M
2018¥14.0M¥11.0M
2019¥14.0M¥13.0M
2020¥14.5M¥13.0M
2021¥13.0M¥13.5M
2022¥14.0M¥11.5M
2023¥13.0M¥10.0M
2024¥10.5M¥10.0M
2025–¥9.0M
2026 (partial)–¥6.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007–¥92k/m²¥24k/m²
2008–¥93k/m²¥27k/m²
2009¥150k/m²¥92k/m²¥26k/m²
2010¥161k/m²¥91k/m²¥28k/m²
2011–¥95k/m²¥29k/m²
2012¥168k/m²¥73k/m²¥23k/m²
2013¥116k/m²¥73k/m²¥22k/m²
2014–¥68k/m²¥24k/m²
2015¥135k/m²¥81k/m²¥21k/m²
2016–¥80k/m²¥20k/m²
2017–¥106k/m²¥20k/m²
2018¥200k/m²¥83k/m²¥21k/m²
2019¥189k/m²¥87k/m²¥20k/m²
2020¥176k/m²¥100k/m²¥23k/m²
2021¥173k/m²¥96k/m²¥25k/m²
2022¥200k/m²¥80k/m²¥21k/m²
2023¥239k/m²¥79k/m²¥22k/m²
2024¥179k/m²¥83k/m²¥23k/m²
2025–¥68k/m²¥33k/m²
2026 (partial)–¥65k/m²¥32k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥255k/m²
1¥271k/m²
2¥343k/m²
23¥97k/m²
24¥95k/m²
25¥95k/m²
26¥97k/m²
29¥38k/m²
31¥87k/m²
33¥67k/m²
34¥82k/m²
36¥54k/m²
37¥49k/m²
38¥61k/m²
39¥45k/m²
40¥47k/m²
41¥30k/m²
42¥68k/m²
43¥45k/m²
44¥69k/m²
45¥37k/m²
46¥43k/m²
47¥40k/m²
48¥37k/m²
49¥40k/m²
50¥40k/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¥66k/m²¥97k/m²––
2008¥59k/m²¥100k/m²––
2009¥72k/m²¥93k/m²¥221k/m²–
2010¥70k/m²¥91k/m²¥198k/m²–
2011¥50k/m²¥96k/m²––
2012¥61k/m²¥74k/m²––
2013¥63k/m²¥92k/m²––
2014¥60k/m²¥90k/m²––
2015¥50k/m²¥86k/m²––
2016¥47k/m²¥93k/m²––
2017¥44k/m²¥88k/m²–¥248k/m²
2018¥50k/m²¥91k/m²–¥247k/m²
2019¥53k/m²¥85k/m²–¥210k/m²
2020¥45k/m²¥84k/m²–¥219k/m²
2021¥53k/m²¥79k/m²––
2022¥42k/m²¥50k/m²––
2023¥37k/m²¥67k/m²––
2024–¥63k/m²––
2025¥46k/m²¥64k/m²––

Prices near train stations in Ube City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Kotoshiba (琴芝)¥15.0M¥188k/m²¥8.0M1176
Ube Shinkawa (宇部新川)¥13.0M¥250k/m²¥9.3M875
Higashi Shinkawa(Yamaguchi) (東新川(山口))¥9.0M¥164k/m²¥12.0M966
Ube (宇部)––¥6.7M1855
Tokonami (床波)––¥13.0M1446
Iwahana (岩鼻)––¥21.5M2037
Ubemisaki (宇部岬)––¥20.0M1127
Tsumazaki (妻崎)––¥17.5M2126
Maruo (丸尾)––¥17.0M1725
Kusae (草江)––¥8.0M1422
Ino(Yamaguchi) (居能)––¥11.4M1220
Tokiwa(Yamaguchi) (常盤(山口))––¥7.0M1519
Koto (厚東)––¥4.5M2811
Kiwa(Yamaguchi) (岐波)––¥5.3M1310

Used condo prices by layout in Ube City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥16.0M75 m²43
4LDK¥14.5M80 m²20
1K¥2.5M10 m²11

How much does a house cost in Ube City?

The median house sale, including the land, was ¥9.0M in 2025 across 125 sales.

Are property prices in Ube City going up?

Over the five years to 2025, residential land prices changed +46.7%.

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.