Nagoya Castle, Nagoya, Aichi
Photo: Nagoya Castle, Nagoya, Aichi · Shuken Nakamura / Unsplash

Chikusa Ward, Nagoya City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 409

In short

  1. 1
    Steady, predictable growth

    Condo prices per m² have climbed about 4.4% a year, roughly in line with the previous five years.

  2. 2
    Lagging Aichi

    Per m², condos here are 52% above the Aichi average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 92% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    50% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥27.0M

median used condo · ¥510k/m²

1.6× the Aichi median

4 of 31 areas in Aichi, highest first

Are prices rising?

+34.3%

over 5 years

Faster than Aichi (+19.0%)

13 of 63 areas in Aichi, highest first

Can local earners afford it?

5.9× income

median price ÷ average taxable income

Harder than Aichi (4.9×)

26 of 61 areas in Aichi, highest first

Rent or buy?

36years of rent

median price ÷ a year of median rent

Longer than Aichi (30)

26 of 61 areas in Aichi, highest first

Are people moving in?

+4.6%

population, 2020–25

Growing while Aichi shrinks (-1.2%)

5 of 64 areas in Aichi, highest first

How risky is it?

38%

chance of strong shaking (6-lower+) in 30 years

Lower than Aichi (56%)

51 of 64 areas in Aichi, highest first

Rent in Chikusa Ward, Nagoya City

The average private rental costs ¥72k a month (2023), +7.1% since 2018. Aichi: ¥61k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥54k
vs 2018 +10.0% · Aichi: ¥48k
30–49 m²
1LDK / 2DK
¥70k
vs 2018 +9.3% · Aichi: ¥58k
50–69 m²
2LDK / 3DK
¥82k
vs 2018 -0.8% · Aichi: ¥68k
70–99 m²
3LDK / family
¥114k
vs 2018 +19.8% · Aichi: ¥82k
100–149 m²
mostly houses
¥162k
vs 2018 +56.0% · Aichi: ¥75k
Rent per m²
¥1,901
median, per month · Aichi: ¥1,453
The median used condo (¥27.0M, 70 m²) costs about 20 years of average rent for a similar-sized home (¥114k a month).
Excludes management fees, repair reserve, property tax and mortgage interest.

Source: Statistics Bureau of Japan, Housing and Land Survey 2023. Privately owned rentals (excluding rent-free homes), monthly rent without management fees. These averages include older homes, so they run below asking rents for newly listed units. 35,090 rented homes.

What the data says

Steady, predictable growth

Condo prices per m² have climbed about 4.4% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Lagging Aichi

Per m², condos here are 52% above the Aichi average. The premium was 63% ten years ago, so the rest of Aichi has been catching up.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 92% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

A family market

50% 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 10% 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 ¥15.3M and ¥45.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 4.6% between 2020 and 2025 (−1.2% for the wider area). More people moved in than out in 2025, a net gain of about 3.4 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

14.5% of homes were empty in 2023 (11.8% for the wider area), and 2.8% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Buying vs renting

A median used condo costs about 35.9 years of the area's median rent (¥63k a month), compared with 30 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 (56% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

A typical condo costs 5.9 years of local income

Taxpayers in the city as a whole reported an average taxable income of ¥4.6m in 2023 (¥4.1m for the wider area). That is +18% since 2014. The median resale condo sold for about 5.9 times that, against 4.9 times for the wider area. A higher multiple means prices lean more on buyers from outside the area or on two incomes. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +4% in the year to January 2026 and +22% 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, 8% are inside the worst-case flood 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 Chikusa Ward, Nagoya City: people, homes and risks

Population 2025
172,815
+4.6% since 2020
Aichi: -1.2%
Net moves in 2025
+580
+3.36 per 1,000 residents
Aichi: -0.29
Vacant homes (2023)
14.5%
2.8% empty and not for rent or sale
Aichi: 11.8%
Median rent (2023)
¥63k
per month, all rented homes
Aichi: ¥55k
Strong earthquake risk
37.7%
chance of shaking of intensity 6-lower or more within 30 years
Aichi: 56.0%
Average income per taxpayer
¥4.6M
taxable income in 2023, citywide figure
Aichi: ¥4.1M
Daytime population
107
people here by day per 100 residents (2020 census)
Foreign residents
4.6%
7,315 registered residents in 2024
Aichi: 4.3%
Clinics
10.0
per 10,000 residents; 12 hospitals, 123 dental clinics (2020)
Aichi: 7.4
Official land price 2026
¥320k/m²
+3.6% in a year · +22.1% in 5 years
Aichi: ¥109k/m²
Flood exposure
8.3%
of 48 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Aichi: 40.5%
Landslide exposure
0.0%
of 48 benchmark sites in a landslide warning area
Aichi: 0.4%

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); recorded crime: Tokyo Metropolitan Police Department (Tokyo only); incomes: Ministry of Internal Affairs taxation survey via the Statistics Bureau's municipal indicators; foreign residents: Basic Resident Register; medical facilities and station passengers: MLIT National Land Numerical Information. Earthquake probability is measured at the municipal center.

Example sales in Chikusa Ward, Nagoya 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-priced2026 Q2

¥19.0M

¥950k/m²

  • Imaike
  • Imaike(Aichi) · 4 min walk
  • 1K · 20 m²
  • Built 2023 (3 yrs) · RC
Typical2026 Q2

¥33.0M

¥471k/m²

  • Koyocho
  • Ikeshita · 8 min walk
  • 3LDK · 70 m²
  • Built 1999 (27 yrs) · RC
Higher-priced2026 Q1

¥55.0M

¥846k/m²

  • Tashirocho
  • Kakuozan · 10 min walk
  • 3LDK · 65 m²
  • Built 2023 (3 yrs) · RC

House

Lower-priced2026 Q2

¥44.0M

¥463k/m²

  • Nishiyamamotomachi
  • Kakuozan · 9 min walk
  • Land 60 m² · floor 95 m²
  • Built 2022 (4 yrs) · Wood
Typical2026 Q1

¥61.0M

¥610k/m²

  • Kandacho
  • Imaike(Aichi) · 13 min walk
  • Land 125 m² · floor 100 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q1

¥130M

¥464k/m²

  • Mitsukecho
  • Motoyama(Aichi) · 2 min walk
  • Land 260 m² · floor 280 m²
  • Built 1999 (27 yrs) · RC
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M¥80.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥17.0M¥52.0M
2006¥18.0M¥47.0M
2007¥24.5M¥47.0M
2008¥20.0M¥53.0M
2009¥20.0M¥47.5M
2010¥21.0M¥47.0M
2011¥22.0M¥43.0M
2012¥15.0M¥42.0M
2013¥21.0M¥43.0M
2014¥24.0M¥48.0M
2015¥28.0M¥50.0M
2016¥27.0M¥48.0M
2017¥25.0M¥50.0M
2018¥28.0M¥53.0M
2019¥27.5M¥48.0M
2020¥27.0M¥46.0M
2021¥26.0M¥52.0M
2022¥30.5M¥57.0M
2023¥26.0M¥55.0M
2024¥29.0M¥57.0M
2025¥27.0M¥62.0M
2026 (partial)¥35.0M¥62.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 18% 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¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥238k/m²¥350k/m²¥185k/m²
2006¥265k/m²¥301k/m²¥220k/m²
2007¥298k/m²¥350k/m²¥260k/m²
2008¥273k/m²¥349k/m²¥260k/m²
2009¥300k/m²¥389k/m²¥220k/m²
2010¥320k/m²¥335k/m²¥210k/m²
2011¥275k/m²¥292k/m²¥210k/m²
2012¥253k/m²¥340k/m²¥210k/m²
2013¥293k/m²¥343k/m²¥230k/m²
2014¥320k/m²¥370k/m²¥240k/m²
2015¥358k/m²¥348k/m²¥240k/m²
2016¥371k/m²¥376k/m²¥240k/m²
2017¥373k/m²¥374k/m²¥280k/m²
2018¥400k/m²¥428k/m²¥270k/m²
2019¥424k/m²¥409k/m²¥270k/m²
2020¥380k/m²¥400k/m²¥290k/m²
2021¥447k/m²¥450k/m²¥275k/m²
2022¥469k/m²¥419k/m²¥330k/m²
2023¥467k/m²¥414k/m²¥350k/m²
2024¥488k/m²¥368k/m²¥340k/m²
2025¥510k/m²¥453k/m²¥325k/m²
2026 (partial)¥520k/m²¥464k/m²¥400k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 17 years old and half by around 25. Prices keep falling by roughly 3.8% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥500k/m²
1–¥488k/m²
2¥775k/m²¥639k/m²
4¥761k/m²¥494k/m²
5¥707k/m²–
6¥646k/m²–
7¥720k/m²–
8¥619k/m²–
9¥600k/m²¥544k/m²
10¥750k/m²–
11¥648k/m²–
12¥600k/m²–
13¥595k/m²–
14¥608k/m²–
15¥600k/m²–
16¥650k/m²–
17¥500k/m²–
18¥514k/m²–
19¥471k/m²–
20¥472k/m²¥318k/m²
21¥450k/m²–
22¥492k/m²–
23¥460k/m²–
24¥439k/m²–
25¥388k/m²–
26¥363k/m²–
27¥367k/m²–
28¥307k/m²–
29¥305k/m²–
30¥292k/m²–
31–¥325k/m²
34–¥297k/m²
35¥200k/m²¥275k/m²
36¥193k/m²–
37¥215k/m²¥206k/m²
38¥213k/m²–
39¥227k/m²–
41–¥187k/m²
42¥215k/m²–
48¥194k/m²–
49¥207k/m²–
50¥188k/m²¥272k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k20052008201120142017202020232026

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
2005–¥240k/m²––
2006–¥260k/m²¥357k/m²–
2007–¥259k/m²¥471k/m²–
2008¥174k/m²¥259k/m²¥442k/m²–
2009¥150k/m²¥257k/m²¥414k/m²–
2010¥141k/m²¥288k/m²¥427k/m²–
2011–¥231k/m²¥449k/m²–
2012–¥234k/m²¥388k/m²–
2013¥141k/m²¥214k/m²¥443k/m²–
2014¥167k/m²¥226k/m²¥424k/m²–
2015–¥251k/m²¥443k/m²¥546k/m²
2016¥174k/m²¥250k/m²¥457k/m²–
2017¥185k/m²¥255k/m²¥473k/m²¥547k/m²
2018¥188k/m²¥266k/m²¥469k/m²¥625k/m²
2019¥188k/m²¥300k/m²¥518k/m²¥618k/m²
2020–¥262k/m²¥456k/m²¥561k/m²
2021¥215k/m²¥240k/m²¥511k/m²¥625k/m²
2022¥188k/m²¥323k/m²¥511k/m²¥671k/m²
2023¥200k/m²¥260k/m²¥533k/m²¥676k/m²
2024–¥306k/m²¥538k/m²¥700k/m²
2025–¥273k/m²¥625k/m²¥743k/m²
2026 (partial)–¥415k/m²––
House price per m² by construction period
¥0¥200k¥400k¥600k2006200820102012201420162018202020222024

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
Year1981-20002001-20102011-2020
2006¥295k/m²¥359k/m²–
2007¥275k/m²¥469k/m²–
2008¥286k/m²¥391k/m²–
2009–¥443k/m²–
2010¥258k/m²¥400k/m²–
2011¥225k/m²–¥339k/m²
2012¥267k/m²–¥400k/m²
2013¥230k/m²–¥381k/m²
2014¥252k/m²–¥429k/m²
2015¥282k/m²–¥453k/m²
2016¥294k/m²–¥442k/m²
2017¥230k/m²–¥439k/m²
2018¥300k/m²–¥512k/m²
2019¥307k/m²–¥436k/m²
2020¥281k/m²–¥424k/m²
2021––¥480k/m²
2022¥289k/m²––
2023¥267k/m²––
2024¥300k/m²––
2025¥320k/m²–¥525k/m²

Prices near train stations in Chikusa Ward, Nagoya City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Imaike(Aichi) (今池(愛知))¥17.0M¥640k/m²¥72.0M415244,476-7% vs 2019
Ikeshita (池下)¥19.0M¥312k/m²¥61.0M713424,048-12% vs 2019
Chayagasaka (茶屋ケ坂)¥25.0M¥338k/m²¥45.0M1411914,114-8% vs 2019
Kakuozan (覚王山)¥36.0M¥538k/m²¥60.0M89017,642-9% vs 2019
Motoyama(Aichi) (本山(愛知))¥35.5M¥450k/m²¥105M68228,776-9% vs 2019
Fukiage(Aichi) (吹上(愛知))¥29.0M¥446k/m²¥51.5M78113,992-8% vs 2019
Higashiyama Koen(Aichi) (東山公園(愛知))¥47.0M¥573k/m²¥88.5M58015,512-3% vs 2019
Jiyugaoka(Aichi) (自由ケ丘(愛知))¥28.5M¥366k/m²¥54.0M127112,030-11% vs 2019
Chikusa (千種)¥22.0M¥578k/m²–54097,207-10% vs 2019
Hoshigaoka(Aichi) (星ケ丘(愛知))¥48.5M¥602k/m²–42845,448-14% vs 2019
Tsurumai (鶴舞)¥16.0M¥600k/m²–91367,624-4% vs 2019

Used condo prices by layout in Chikusa Ward, Nagoya City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥39.0M75 m²203
1K¥14.0M20 m²108
2LDK¥35.0M65 m²75
4LDK¥36.0M87.5 m²60
1R¥2.3M15 m²29
1LDK¥22.0M40 m²29
2DK¥13.0M45 m²13

How much does an apartment cost in Chikusa Ward, Nagoya City?

The median used condo (mansion) in Chikusa Ward, Nagoya City sold for ¥27.0M in 2025, about ¥510k/m², based on 186 recorded sales.

How much does a house cost in Chikusa Ward, Nagoya City?

The median house sale, including the land, was ¥62.0M in 2025 across 135 sales.

Are property prices in Chikusa Ward, Nagoya City going up?

Over the five years to 2025, condo prices per m² changed +34.3% and residential land prices changed +12.1%.

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.