Kamogawa, Chiba
Photo: Kamogawa, Chiba · wanderplans.com / Unsplash

Inzai City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 229

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 9.9% a year over the past five years, faster than the 1.2% a year of the five years before.

  2. 2
    Outperforming Chiba

    Per m², condos here are 23% below the Chiba average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 115% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    95% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥23.5M

median used condo · ¥265k/m²

25% below the Chiba median

13 of 21 areas in Chiba, highest first

Are prices rising?

+63.0%

over 5 years

Faster than Chiba (+27.8%)

5 of 46 areas in Chiba, highest first

Can local earners afford it?

5.5× income

median price ÷ average taxable income

Easier than Chiba (5.9×)

15 of 47 areas in Chiba, highest first

Rent or buy?

29years of rent

median price ÷ a year of median rent

Shorter than Chiba (33)

15 of 45 areas in Chiba, highest first

Are people moving in?

+7.6%

population, 2020–25

Growing while Chiba shrinks (-0.4%)

2 of 51 areas in Chiba, highest first

How risky is it?

52%

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

Lower than Chiba (63%)

47 of 51 areas in Chiba, highest first

Rent in Inzai City

The average private rental costs ¥63k a month (2023), +5.5% since 2018. Chiba: ¥66k

Floor areaAverage rent / month
30–49 m²
1LDK / 2DK
¥52k
vs 2018 +8.9% · Chiba: ¥64k
50–69 m²
2LDK / 3DK
¥65k
vs 2018 +19.8% · Chiba: ¥78k
70–99 m²
3LDK / family
¥87k
vs 2018 +6.9% · Chiba: ¥90k
Rent per m²
¥1,255
median, per month · Chiba: ¥1,709
The median used condo (¥23.5M, 80 m²) costs about 22 years of average rent for a similar-sized home (¥87k 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. 1,950 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 9.9% 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.

Outperforming Chiba

Per m², condos here are 23% below the Chiba average. The discount has shrunk from 32% ten years ago, so Inzai City is catching up with its surroundings.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 115% 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

95% 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 38% 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 ¥13.3M and ¥34.8M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 7.6% between 2020 and 2025 (−0.4% 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.

Typical vacancy

11.2% of homes were empty in 2023 (12.3% for the wider area), and 4.1% 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 29 years of the area's median rent (¥68k a month), compared with 33.2 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

High earthquake risk

The government's seismic model gives a 52% chance of shaking of intensity 6-lower or stronger in the next 30 years (63% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

A typical condo costs 5.5 years of local income

Taxpayers here reported an average taxable income of ¥4.3m in 2023 (¥4.1m for the wider area). That is +16% since 2014. The median resale condo sold for about 5.5 times that, against 5.9 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 +5% in the year to January 2026 and +12% over five years. They are still 78% below their 1991 bubble-era level. 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, 35% are inside the worst-case flood zone (20% 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 Inzai City: people, homes and risks

Population 2025
110,400
+7.6% since 2020
Chiba: -0.4%
Net moves in 2025
-723
-6.55 per 1,000 residents
Chiba: +1.25
Vacant homes (2023)
11.2%
4.1% empty and not for rent or sale
Chiba: 12.3%
Median rent (2023)
¥68k
per month, all rented homes
Chiba: ¥60k
Strong earthquake risk
51.6%
chance of shaking of intensity 6-lower or more within 30 years
Chiba: 63.4%
Average income per taxpayer
¥4.3M
taxable income in 2023
Chiba: ¥4.1M
Daytime population
91
people here by day per 100 residents (2020 census)
Foreign residents
3.0%
3,392 registered residents in 2024
Chiba: 3.6%
Clinics
4.6
per 10,000 residents; 3 hospitals, 38 dental clinics (2020)
Chiba: 6.2
Official land price 2026
¥42k/m²
+4.9% in a year · +11.6% in 5 years
Chiba: ¥97k/m²
Flood exposure
35.0%
of 20 benchmark sites in a worst-case flood zone (20.0% 3 m or deeper)
Chiba: 28.9%
Landslide exposure
0.0%
of 20 benchmark sites in a landslide warning area
Chiba: 0.0%

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 Inzai 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 Q4

¥9.8M

¥123k/m²

  • Oguradai
  • Chiba New Town Chuo · 12 min walk
  • 3LDK · 80 m²
  • Built 1991 (34 yrs) · RC
Typical2026 Q2

¥24.0M

¥282k/m²

  • Oguradai
  • Chiba New Town Chuo · 10 min walk
  • 3LDK · 85 m²
  • Built 2007 (19 yrs) · RC
Higher-priced2025 Q4

¥37.0M

¥435k/m²

  • Tokamidai
  • Chiba New Town Chuo · 7 min walk
  • 4LDK · 85 m²
  • Built 2010 (15 yrs) · RC

House

Lower-priced2026 Q1

¥20.0M

¥129k/m²

  • Takabana
  • Chiba New Town Chuo
  • Land 240 m² · floor 155 m²
  • Built 1990 (36 yrs) · Wood
Typical2026 Q1

¥39.0M

¥371k/m²

  • Makinohara
  • Inzaimakinohara · 15 min walk
  • Land 170 m² · floor 105 m²
  • Built 2017 (9 yrs) · Wood
Higher-priced2026 Q1

¥52.0M

¥452k/m²

  • Takino
  • Inzaimakinohara · 16 min walk
  • Land 185 m² · floor 115 m²
  • Built 2020 (6 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥12.0M¥39.5M
2008¥13.0M¥36.0M
2009¥23.0M¥40.0M
2010¥14.0M¥40.0M
2011¥14.0M¥39.5M
2012¥12.0M¥37.0M
2013¥14.0M¥31.0M
2014¥14.0M¥33.0M
2015¥15.0M¥32.0M
2016¥18.5M¥30.0M
2017¥13.0M¥32.0M
2018¥18.0M¥36.0M
2019¥14.0M¥38.0M
2020¥14.0M¥37.0M
2021¥20.5M¥40.0M
2022¥22.0M¥42.0M
2023¥20.0M¥37.5M
2024¥26.0M¥36.0M
2025¥23.5M¥40.0M
2026 (partial)¥19.0M¥30.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 27% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has widened over the decade as condo prices pulled ahead.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥150k/m²¥328k/m²¥69k/m²
2008¥163k/m²¥300k/m²¥31k/m²
2009¥267k/m²¥332k/m²¥36k/m²
2010¥169k/m²¥336k/m²¥36k/m²
2011¥167k/m²¥340k/m²¥40k/m²
2012¥147k/m²¥304k/m²¥33k/m²
2013¥172k/m²¥255k/m²¥25k/m²
2014¥154k/m²¥282k/m²¥42k/m²
2015¥163k/m²¥280k/m²¥42k/m²
2016¥216k/m²¥276k/m²¥64k/m²
2017¥149k/m²¥281k/m²¥55k/m²
2018¥206k/m²¥325k/m²¥70k/m²
2019¥173k/m²¥304k/m²¥68k/m²
2020¥163k/m²¥325k/m²¥72k/m²
2021¥250k/m²¥364k/m²¥75k/m²
2022¥275k/m²¥351k/m²¥77k/m²
2023¥238k/m²¥336k/m²¥86k/m²
2024¥274k/m²¥322k/m²¥57k/m²
2025¥265k/m²¥363k/m²¥100k/m²
2026 (partial)¥190k/m²¥324k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k04812162024283236
Show data table
Building age (years)CondoHouse
0–¥382k/m²
1–¥390k/m²
2–¥371k/m²
3–¥391k/m²
4–¥400k/m²
5–¥359k/m²
6–¥384k/m²
7¥413k/m²–
8¥428k/m²¥293k/m²
9¥414k/m²–
12¥325k/m²–
13¥338k/m²–
14¥327k/m²–
15¥300k/m²–
23¥189k/m²–
27¥229k/m²–
28¥186k/m²–
29¥205k/m²–
30¥175k/m²–
31¥216k/m²–
32–¥117k/m²
33–¥123k/m²
34–¥129k/m²
35–¥144k/m²
37–¥136k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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
2007¥150k/m²––
2008¥158k/m²––
2009¥138k/m²¥333k/m²–
2010¥134k/m²¥287k/m²–
2011¥140k/m²¥267k/m²–
2012¥126k/m²––
2013¥131k/m²¥244k/m²–
2014¥130k/m²––
2015¥119k/m²––
2016¥124k/m²¥253k/m²–
2017¥129k/m²––
2018¥129k/m²¥250k/m²–
2019¥130k/m²¥245k/m²–
2020¥118k/m²¥277k/m²–
2021¥159k/m²–¥364k/m²
2022¥150k/m²¥315k/m²¥417k/m²
2023¥148k/m²––
2024¥186k/m²––
2025¥224k/m²––
House price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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
2007–¥341k/m²–
2008¥146k/m²¥350k/m²–
2009¥120k/m²¥366k/m²–
2010¥125k/m²¥364k/m²–
2011–¥358k/m²¥357k/m²
2012¥122k/m²–¥345k/m²
2013¥102k/m²–¥314k/m²
2014¥128k/m²–¥330k/m²
2015––¥300k/m²
2016––¥296k/m²
2017¥87k/m²–¥295k/m²
2018––¥348k/m²
2019––¥344k/m²
2020––¥332k/m²
2021¥130k/m²–¥404k/m²
2022¥123k/m²–¥327k/m²
2023¥96k/m²––
2024––¥371k/m²
2025¥154k/m²––

Prices near train stations in Inzai 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)
Chiba New Town Chuo (千葉ニュータウン中央)¥25.0M¥274k/m²¥35.5M1323722,586-5% vs 2019
Inzaimakinohara (印西牧の原)¥22.5M¥258k/m²¥47.0M1621915,974+6% vs 2019
Kobayashi(Chiba) (小林(千葉))––¥12.0M9273,142-20% vs 2019
Imba Nihon Idai (印旛日本医大)¥20.0M¥271k/m²¥33.0M7244,937+3% vs 2019
Kioroshi (木下)––¥12.0M9243,688-11% vs 2019

Used condo prices by layout in Inzai City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥22.0M80 m²137
4LDK¥27.0M100 m²43
2LDK¥10.3M70 m²10

How much does an apartment cost in Inzai City?

The median used condo (mansion) in Inzai City sold for ¥23.5M in 2025, about ¥265k/m², based on 70 recorded sales.

How much does a house cost in Inzai City?

The median house sale, including the land, was ¥40.0M in 2025 across 107 sales.

Are property prices in Inzai City going up?

Over the five years to 2025, condo prices per m² changed +63.0% and residential land prices changed +38.9%.

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.