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

Kofu 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
¥18.0M
¥294k/m²
Median house price (land + building)
¥17.0M
Residential land per m² (sales)
¥33k/m²
-10.8% over 5 years
Transactions in 2025
447
#1 of 13 areas in Yamanashi by price per m²

What the data says

Price growth is speeding up

Condo values per m² have risen about 7.6% a year over the past five years, faster than the 1.2% 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.

Moving with Yamanashi

Per m², condos here are priced close to the Yamanashi average. That position has barely changed in ten years, so it moves with the wider market.

Station distance barely matters

Condos 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

54% 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 8% 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 ¥6.2M and ¥28.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.1% between 2020 and 2025 (−3.7% for the wider area). More people moved out than in during 2025 (about 2.5 per 1,000 residents), which weakens long-term housing demand. Households still grew 1.5% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

18.1% of homes were empty in 2023 (20.4% for the wider area), and 7.2% 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 30.7 years of the area's median rent (¥49k a month), compared with 31 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 38% 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 0% in the year to January 2026 and -2% over five years. They are still 70% 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, 71% are inside the worst-case flood zone (10% 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 Kofu City: people, homes and risks

Population 2025
183,630
-3.1% since 2020
Yamanashi: -3.7%
Net moves in 2025
-457
-2.49 per 1,000 residents
Yamanashi: -1.11
Vacant homes (2023)
18.1%
7.2% empty and not for rent or sale
Yamanashi: 20.4%
Median rent (2023)
¥49k
per month, all rented homes
Yamanashi: ¥48k
Strong earthquake risk
37.9%
chance of shaking of intensity 6-lower or more within 30 years
Yamanashi: 40.4%
Official land price 2026
¥44k/m²
-0.2% in a year · -2.0% in 5 years
Yamanashi: ¥34k/m²
Flood exposure
70.8%
of 48 benchmark sites in a worst-case flood zone (10.4% 3 m or deeper)
Yamanashi: 49.4%
Landslide exposure
0.0%
of 48 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 Kofu 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 Q3

¥4.8M

¥120k/m²

  • Joto
  • Zenkoji · 6 min walk
  • 2DK · 40 m²
  • Built 1991 (34 yrs) · RC
Typical2025 Q4

¥22.0M

¥293k/m²

  • Tokugyo
  • Kokubo
  • 4LDK · 75 m²
  • Built 2007 (18 yrs) · RC
Higher-priced2026 Q2

¥32.0M

¥492k/m²

  • Kitaguchi
  • Kofu · 3 min walk
  • 3LDK · 65 m²
  • Built 2019 (7 yrs) · RC

House

Lower-priced2026 Q1

¥4.5M

¥56k/m²

  • Kitaguchi
  • Kofu · 6 min walk
  • Land 50 m² · floor 80 m²
  • Built 1965 (61 yrs) · Wood
Typical2026 Q2

¥16.0M

¥110k/m²

  • Kugawa
  • Ryuo · 29 min walk
  • Land 420 m² · floor 145 m²
  • Built 1994 (32 yrs) · Wood
Higher-priced2025 Q3

¥39.0M

¥339k/m²

  • Kamicho
  • Kai Sumiyoshi
  • Land 230 m² · floor 115 m²
  • Built 2024 (1 yrs) · Wood
Median transaction price by yearCondos now cost more than houses — Since 2025, the median used condo has sold for more than the median house with its land, reversing the earlier pattern. Since then condo prices have moved +81% while house prices moved +13%. Condo demand is concentrated in central, well-connected locations, while many houses sold are older homes in outlying areas where prices are flat or falling. Buyers are paying for convenience over space.
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥6.0M¥17.0M
2008¥4.9M¥18.0M
2009¥9.8M¥18.0M
2010¥21.0M¥20.0M
2011¥6.3M¥18.0M
2012¥6.7M¥22.0M
2013¥7.8M¥18.0M
2014¥7.5M¥22.0M
2015¥8.8M¥19.0M
2016¥4.8M¥19.0M
2017¥8.2M¥18.0M
2018¥13.0M¥20.0M
2019¥8.1M¥19.0M
2020¥8.7M¥19.0M
2021¥16.0M¥20.0M
2022¥8.8M¥17.0M
2023¥16.5M¥15.5M
2024¥9.9M¥15.0M
2025¥18.0M¥17.0M
2026 (partial)–¥16.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 54% 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¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥152k/m²¥114k/m²¥48k/m²
2008¥135k/m²¥120k/m²¥50k/m²
2009¥138k/m²¥110k/m²¥42k/m²
2010¥280k/m²¥108k/m²¥41k/m²
2011¥120k/m²¥127k/m²¥40k/m²
2012¥116k/m²¥118k/m²¥37k/m²
2013¥134k/m²¥109k/m²¥39k/m²
2014¥131k/m²¥136k/m²¥36k/m²
2015¥183k/m²¥125k/m²¥33k/m²
2016¥115k/m²¥100k/m²¥34k/m²
2017¥175k/m²¥114k/m²¥33k/m²
2018¥174k/m²¥122k/m²¥35k/m²
2019¥160k/m²¥126k/m²¥36k/m²
2020¥174k/m²¥129k/m²¥37k/m²
2021¥224k/m²¥122k/m²¥38k/m²
2022¥171k/m²¥124k/m²¥35k/m²
2023¥234k/m²¥110k/m²¥42k/m²
2024¥188k/m²¥115k/m²¥38k/m²
2025¥294k/m²¥106k/m²¥33k/m²
2026 (partial)–¥89k/m²¥33k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 27 years — House prices per m² drop about 73% from new by age 27, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥286k/m²
1–¥290k/m²
2–¥325k/m²
6¥500k/m²–
20–¥145k/m²
24–¥131k/m²
27–¥78k/m²
28–¥123k/m²
29–¥62k/m²
30¥102k/m²¥118k/m²
31¥132k/m²¥100k/m²
32–¥89k/m²
33¥107k/m²¥86k/m²
34¥168k/m²¥73k/m²
35–¥85k/m²
36¥133k/m²–
37–¥80k/m²
38–¥58k/m²
39–¥40k/m²
41–¥71k/m²
42–¥67k/m²
43–¥69k/m²
44–¥56k/m²
45–¥56k/m²
46–¥45k/m²
47–¥79k/m²
49–¥56k/m²
50–¥47k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k¥400k200820102012201420162018202020222024

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
Year1981-20002001-2010
2008¥133k/m²–
2009¥127k/m²–
2010¥107k/m²¥333k/m²
2011¥114k/m²–
2013¥111k/m²–
2014¥131k/m²–
2016¥107k/m²–
2017¥169k/m²–
2020¥111k/m²–
2021¥111k/m²–
2022¥131k/m²–
2023¥148k/m²–
2024¥147k/m²–
2025¥146k/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¥88k/m²¥110k/m²––
2008¥65k/m²¥110k/m²¥226k/m²–
2009¥76k/m²¥89k/m²¥226k/m²–
2010¥73k/m²¥89k/m²¥223k/m²–
2011¥77k/m²¥107k/m²–¥253k/m²
2012¥49k/m²¥96k/m²–¥253k/m²
2013¥62k/m²¥95k/m²–¥254k/m²
2014¥75k/m²¥107k/m²¥190k/m²¥252k/m²
2015¥59k/m²¥95k/m²–¥252k/m²
2016¥74k/m²¥83k/m²–¥250k/m²
2017¥68k/m²¥99k/m²–¥278k/m²
2018¥57k/m²¥96k/m²–¥243k/m²
2019¥69k/m²¥86k/m²–¥236k/m²
2020¥46k/m²¥91k/m²¥155k/m²¥249k/m²
2021¥68k/m²¥78k/m²––
2022¥57k/m²¥89k/m²––
2023¥53k/m²¥74k/m²––
2024¥53k/m²¥97k/m²––
2025¥56k/m²¥85k/m²––
2026 (partial)–¥97k/m²––

Prices near train stations in Kofu City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Kofu (甲府)¥24.0M¥300k/m²¥11.0M15377
Kai Sumiyoshi (甲斐住吉)––¥27.0M1682
Minami Kofu (南甲府)¥10.3M¥168k/m²¥17.5M1856
Sakaori (酒折)––¥32.0M2349
Ryuo (竜王)––¥18.0M2438
Kokubo (国母)––¥20.0M1838
Zenkoji (善光寺)––¥19.0M934
Kanente (金手)––¥3.2M827
Isawa Onsen (石和温泉)––¥29.0M1321

Used condo prices by layout in Kofu City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥23.0M70 m²63
2LDK¥16.5M60 m²26
1K¥2.6M17.5 m²24
4LDK¥28.0M85 m²12

How much does an apartment cost in Kofu City?

The median used condo (mansion) in Kofu City sold for ¥18.0M in 2025, about ¥294k/m², based on 63 recorded sales.

How much does a house cost in Kofu City?

The median house sale, including the land, was ¥17.0M in 2025 across 205 sales.

Are property prices in Kofu City going up?

Over the five years to 2025, condo prices per m² changed +69.0% and residential land prices changed -10.8%.

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.