Chureito Pagoda, Fujiyoshida, Yamanashi
Photo: Chureito Pagoda, Fujiyoshida, Yamanashi · Willian Justen de Vasconcellos / Unsplash

Chuo 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)
¥23.0M
Residential land per m² (sales)
¥26k/m²
-23.5% over 5 years
Transactions in 2025
48
#3 of 13 areas in Yamanashi by price per m²

What the data says

Sales are thinning out

Transactions are down about 45% 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 ¥10.5M and ¥28.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.5% between 2020 and 2025 (−3.7% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 1.7% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

13.8% of homes were empty in 2023 (20.4% for the wider area), and 4.8% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

High earthquake risk

The government's seismic model gives a 70% chance of shaking of intensity 6-lower or stronger in the next 30 years (40% 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 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.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 83% are inside the worst-case flood zone (33% with expected depths of 3 m or more). 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 Chuo City: people, homes and risks

Population 2025
30,118
-3.5% since 2020
Yamanashi: -3.7%
Net moves in 2025
-18
-0.6 per 1,000 residents
Yamanashi: -1.11
Vacant homes (2023)
13.8%
4.8% empty and not for rent or sale
Yamanashi: 20.4%
Median rent (2023)
¥50k
per month, all rented homes
Yamanashi: ¥48k
Strong earthquake risk
69.8%
chance of shaking of intensity 6-lower or more within 30 years
Yamanashi: 40.4%
Official land price 2026
¥29k/m²
-0.5% in a year · -2.6% in 5 years
Yamanashi: ¥34k/m²
Flood exposure
83.3%
of 6 benchmark sites in a worst-case flood zone (33.3% 3 m or deeper)
Yamanashi: 49.4%
Landslide exposure
0.0%
of 6 benchmark sites in a landslide warning area
Yamanashi: 3.1%

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 Chuo 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

¥5.0M

¥48k/m²

  • Wakamiya
  • Joei · 10 min walk
  • Land 910 m² · floor 105 m²
  • Built 1998 (27 yrs) · Wood
Typical2025 Q3

¥18.0M

¥26k/m²

  • Itchohata
  • Higashi Hanawa · 18 min walk
  • Land 960 m² · floor 680 m²
  • Built 1991 (34 yrs) · Steel
Higher-priced2026 Q1

¥34.0M

¥358k/m²

  • Inokuchi
  • Joei · 18 min walk
  • Land 230 m² · floor 95 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 28% between 2023 and 2025. Prices per m² rose 21% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 23 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥14.0M
2009¥12.5M
2010¥23.0M
2011¥19.5M
2012¥21.5M
2013¥16.5M
2014¥17.0M
2015¥25.0M
2016¥18.0M
2017¥19.5M
2018¥15.5M
2019¥19.0M
2020¥21.5M
2021¥15.0M
2022¥15.5M
2023¥18.0M
2024–
2025¥23.0M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥36k/m²
2008¥89k/m²¥29k/m²
2009¥100k/m²¥19k/m²
2010¥140k/m²¥34k/m²
2011¥122k/m²¥31k/m²
2012¥72k/m²¥31k/m²
2013¥102k/m²¥28k/m²
2014¥98k/m²¥19k/m²
2015¥175k/m²¥15k/m²
2016¥120k/m²¥23k/m²
2017¥129k/m²¥24k/m²
2018¥111k/m²¥30k/m²
2019¥97k/m²¥40k/m²
2020¥150k/m²¥34k/m²
2021¥144k/m²¥27k/m²
2022¥110k/m²¥31k/m²
2023¥150k/m²–
2024–¥20k/m²
2025¥182k/m²¥26k/m²

Prices near train stations in Chuo City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Joei (常永)––¥16.0M2323
Higashi Hanawa (東花輪)––¥17.5M922
Koikawa(Yamanashi) (小井川)––¥23.0M1219

How much does a house cost in Chuo City?

The median house sale, including the land, was ¥23.0M in 2025 across 23 sales.

Are property prices in Chuo City going up?

Over the five years to 2025, residential land prices changed -23.5%.

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.