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

Fuefuki 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)
¥12.0M
Residential land per m² (sales)
¥15k/m²
+59.6% over 5 years
Transactions in 2025
119
#10 of 13 areas in Yamanashi by price per m²

What the data says

Price growth is speeding up

House values per m² have risen about 6.8% a year over the past five years, faster than the 2.1% 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.

Outperforming Yamanashi

Per m², houses here are 8% above the Yamanashi average. The premium has grown from 10% ten years ago, so Fuefuki City has been outperforming its surroundings.

Sales are thinning out

Transactions are down about 21% 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 ¥5.4M and ¥24.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4% between 2020 and 2025 (−3.7% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Many abandoned homes

18.2% of homes were empty in 2023 (20.4% for the wider area), and 9.4% 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.

Moderate earthquake risk

The government's seismic model gives a 39% chance of shaking of intensity 6-lower or stronger in the next 30 years (40% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and 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 -1% in the year to January 2026 and -5% 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, 53% are inside the worst-case flood zone (13% 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 Fuefuki City: people, homes and risks

Population 2025
64,272
-4.0% since 2020
Yamanashi: -3.7%
Net moves in 2025
-18
-0.28 per 1,000 residents
Yamanashi: -1.11
Vacant homes (2023)
18.2%
9.4% empty and not for rent or sale
Yamanashi: 20.4%
Median rent (2023)
¥51k
per month, all rented homes
Yamanashi: ¥48k
Strong earthquake risk
38.5%
chance of shaking of intensity 6-lower or more within 30 years
Yamanashi: 40.4%
Official land price 2026
¥20k/m²
-0.7% in a year · -5.1% in 5 years
Yamanashi: ¥34k/m²
Flood exposure
53.3%
of 15 benchmark sites in a worst-case flood zone (13.3% 3 m or deeper)
Yamanashi: 49.4%
Landslide exposure
0.0%
of 15 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 Fuefuki 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

¥3.0M

¥33k/m²

  • Isawachohirose
  • Isawa Onsen
  • Land 230 m² · floor 90 m²
  • Built 1988 (37 yrs) · Wood
Typical2026 Q1

¥8.8M

¥147k/m²

  • Isawachoshimohirai
  • Isawa Onsen · 26 min walk
  • Land 135 m² · floor 60 m²
  • Built 1991 (35 yrs) · Wood
Higher-priced2026 Q1

¥20.0M

¥138k/m²

  • Isawachoido
  • Isawa Onsen
  • Land 200 m² · floor 145 m²
  • Built 2006 (20 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2008201020122014201620182020202220242026
Show data table
YearHouse
2008¥11.0M
2009¥11.5M
2010¥12.5M
2011¥13.0M
2012¥14.0M
2013¥13.5M
2014¥14.0M
2015¥13.0M
2016¥15.0M
2017¥11.0M
2018¥12.0M
2019¥12.0M
2020¥16.0M
2021¥12.5M
2022¥21.0M
2023¥18.5M
2024¥17.0M
2025¥12.0M
2026 (partial)¥8.5M
Median price per m² by year
¥0¥50k¥100k¥150k2008201020122014201620182020202220242026
Show data table
YearHouseLand
2008¥94k/m²¥19k/m²
2009¥107k/m²¥11k/m²
2010¥102k/m²¥15k/m²
2011¥100k/m²¥13k/m²
2012¥113k/m²¥15k/m²
2013¥111k/m²¥9k/m²
2014¥96k/m²¥12k/m²
2015¥94k/m²¥11k/m²
2016¥100k/m²¥15k/m²
2017¥94k/m²¥12k/m²
2018¥85k/m²¥13k/m²
2019¥72k/m²¥11k/m²
2020¥100k/m²¥9k/m²
2021¥98k/m²¥24k/m²
2022¥117k/m²¥23k/m²
2023¥132k/m²¥25k/m²
2024¥147k/m²¥15k/m²
2025¥92k/m²¥15k/m²
2026 (partial)¥67k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥249k/m²
32¥70k/m²
50¥68k/m²

Prices near train stations in Fuefuki City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Isawa Onsen (石和温泉)––¥18.0M17144
Kasugaicho (春日居町)––¥12.0M1627

How much does a house cost in Fuefuki City?

The median house sale, including the land, was ¥12.0M in 2025 across 63 sales.

Are property prices in Fuefuki City going up?

Over the five years to 2025, residential land prices changed +59.6%.

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.