Lake Tazawa, Semboku, Akita
Photo: Lake Tazawa, Semboku, Akita · Trac Vu / Unsplash

Oga City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 32

In short

  1. 1
    Being near a station is worth a lot

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

  2. 2
    What a typical purchase costs

    Half of all house sales last year were between ¥975k and ¥10.1M.

  3. 3
    A shrinking population

    The population fell 14.1% between 2020 and 2025 (−8.1% for the wider area).

  4. 4
    Many abandoned homes

    23.2% of homes were empty in 2023 (15.8% for the wider area), and 18.3% were empty without being for rent, for sale or used as second homes.

The answers, compared

What does a home cost?

¥2.5M

median house · ¥24k/m²

61% below the Akita median

9 of 11 areas in Akita, highest first

Can local earners afford it?

0.9× income

median price ÷ average taxable income

Easier than Akita (3.6×)

11 of 12 areas in Akita, highest first

Rent or buy?

7years of rent

median price ÷ a year of median rent

Shorter than Akita (21)

10 of 12 areas in Akita, highest first

Are people moving in?

-14.1%

population, 2020–25

Shrinking faster than Akita (-8.1%)

12 of 12 areas in Akita, highest first

How risky is it?

9%

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

In line with Akita (9%)

6 of 12 areas in Akita, highest first

Rent in Oga City

The average private rental costs ¥44k a month (2023), +18.3% since 2018. Akita: ¥48k

Rent per m²
¥1,019
median, per month · Akita: ¥1,200

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. 580 rented homes.

What the data says

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 11% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

What a typical purchase costs

Half of all house sales last year were between ¥975k and ¥10.1M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 14.1% between 2020 and 2025 (−8.1% for the wider area). More people moved out than in during 2025 (about 6.5 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

23.2% of homes were empty in 2023 (15.8% for the wider area), and 18.3% 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 9% chance of shaking of intensity 6-lower or stronger in the next 30 years (9% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥2.8m in 2023 (¥3.0m for the wider area). That is +18% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are flat

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 -4% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Living in Oga City: people, homes and risks

Population 2025
21,600
-14.1% since 2020
Akita: -8.1%
Net moves in 2025
-141
-6.53 per 1,000 residents
Akita: -4.35
Vacant homes (2023)
23.2%
18.3% empty and not for rent or sale
Akita: 15.8%
Median rent (2023)
¥31k
per month, all rented homes
Akita: ¥44k
Strong earthquake risk
8.7%
chance of shaking of intensity 6-lower or more within 30 years
Akita: 8.9%
Average income per taxpayer
¥2.8M
taxable income in 2023
Akita: ¥3.0M
Daytime population
95
people here by day per 100 residents (2020 census)
Foreign residents
0.4%
103 registered residents in 2024
Akita: 0.6%
Clinics
12.0
per 10,000 residents; 1 hospitals, 11 dental clinics (2020)
Akita: 9.1
Official land price 2026
¥8k/m²
0.0% in a year · -3.7% in 5 years
Akita: ¥16k/m²
Flood exposure
0.0%
of 4 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Akita: 45.4%
Tsunami exposure
75.0%
of 4 benchmark sites in a tsunami inundation zone
Akita: 11.4%
Landslide exposure
25.0%
of 4 benchmark sites in a landslide warning area
Akita: 1.1%

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); 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 Oga 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 Q3

¥900k

¥4k/m²

  • Funagawaminatotsubaki
  • Oga(Akita)
  • Land 890 m² · floor 230 m²
  • Built 1971 (54 yrs) · Wood
Typical2026 Q1

¥2.0M

¥10k/m²

  • Wakimototominaga
  • Wakimoto · 11 min walk
  • Land 720 m² · floor 200 m²
  • Built 1986 (40 yrs) · Wood
Higher-priced2026 Q1

¥17.0M

¥136k/m²

  • Funakoshi
  • Funakoshi · 9 min walk
  • Land 290 m² · floor 125 m²
  • Built 2004 (22 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M200820102012201420162018202020222024
Show data table
YearHouse
2008–
2009–
2010¥11.0M
2011–
2012–
2013–
2015–
2016–
2017–
2020–
2021–
2024¥2.8M
2025¥2.5M
Median price per m² by year
¥0¥20k¥40k¥60k200820102012201420162018202020222024
Show data table
YearHouseLand
2008–¥6k/m²
2009–¥10k/m²
2010¥51k/m²¥12k/m²
2011–¥9k/m²
2012–¥7k/m²
2013–¥7k/m²
2015–¥5k/m²
2016–¥3k/m²
2017–¥4k/m²
2020–¥8k/m²
2021–¥5k/m²
2024¥20k/m²–
2025¥24k/m²–

Prices near train stations in Oga 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)
Oga(Akita) (男鹿)––¥2.9M1031464-40% vs 2019
Funakoshi (船越)––¥10.0M1215–
Wakimoto (脇本)––¥1.2M1411–

How much does a house cost in Oga City?

The median house sale, including the land, was ¥2.5M in 2025 across 24 sales.

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.