Shirakawa-go, Gifu
Photo: Shirakawa-go, Gifu · Shing / Unsplash

Ginan Town, Hashima County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 47

In short

  1. 1
    A long, slow decline

    House prices per m² have been falling for a decade, by about 4% a year recently.

  2. 2
    Outperforming Gifu

    Per m², houses here are 111% above the Gifu average.

  3. 3
    Sales are thinning out

    Transactions are down about 20% on the previous three years.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥16.0M and ¥48.0M.

The answers, compared

What does a home cost?

¥31.0M

median house · ¥214k/m²

2.6× the Gifu median

1 of 19 areas in Gifu, highest first

Are prices rising?

-2.2%

over 5 years

Slower than Gifu (+21.4%)

16 of 23 areas in Gifu, highest first

Can local earners afford it?

8.2× income

median price ÷ average taxable income

Harder than Gifu (5.7×)

1 of 20 areas in Gifu, highest first

Rent or buy?

52years of rent

median price ÷ a year of median rent

Longer than Gifu (35)

1 of 20 areas in Gifu, highest first

Are people moving in?

+1.0%

population, 2020–25

Growing while Gifu shrinks (-4.4%)

1 of 26 areas in Gifu, highest first

How risky is it?

62%

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

Higher than Gifu (29%)

2 of 26 areas in Gifu, highest first

What the data says

A long, slow decline

House prices per m² have been falling for a decade, by about 4% a year recently. Prices are low, but resale values are likely to keep easing, so buy here to live, not as an investment.

Outperforming Gifu

Per m², houses here are 111% above the Gifu average. The premium has grown from 102% ten years ago, so Ginan Town, Hashima County has been outperforming its surroundings.

Sales are thinning out

Transactions are down about 20% 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 ¥16.0M and ¥48.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 1% between 2020 and 2025 (−4.4% for the wider area). More people moved in than out in 2025, a net gain of about 3.6 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

13.9% of homes were empty in 2023 (16.1% for the wider area), and 1.9% 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.

High earthquake risk

The government's seismic model gives a 62% chance of shaking of intensity 6-lower or stronger in the next 30 years (29% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.8m in 2023 (¥3.5m for the wider area). That is +19% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are edging up

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.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 100% are inside the worst-case flood zone (100% 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 Ginan Town, Hashima County: people, homes and risks

Population 2025
26,128
+1.0% since 2020
Gifu: -4.4%
Net moves in 2025
+94
+3.6 per 1,000 residents
Gifu: -2.39
Vacant homes (2023)
13.9%
1.9% empty and not for rent or sale
Gifu: 16.1%
Median rent (2023)
¥50k
per month, all rented homes
Gifu: ¥48k
Strong earthquake risk
61.7%
chance of shaking of intensity 6-lower or more within 30 years
Gifu: 28.6%
Average income per taxpayer
¥3.8M
taxable income in 2023
Gifu: ¥3.5M
Daytime population
96
people here by day per 100 residents (2020 census)
Foreign residents
3.3%
872 registered residents in 2024
Gifu: 3.7%
Clinics
10.0
per 10,000 residents; 0 hospitals, 13 dental clinics (2020)
Gifu: 8.6
Official land price 2026
¥58k/m²
+0.8% in a year · +4.9% in 5 years
Gifu: ¥39k/m²
Flood exposure
100.0%
of 5 benchmark sites in a worst-case flood zone (100.0% 3 m or deeper)
Gifu: 62.5%
Landslide exposure
0.0%
of 5 benchmark sites in a landslide warning area
Gifu: 3.4%

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 Ginan Town, Hashima County

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-priced2026 Q1

¥6.0M

¥55k/m²

  • Heijima
  • Takadabashi · 18 min walk
  • Land 155 m² · floor 110 m²
  • Built 1995 (31 yrs) · Wood
Typical2025 Q4

¥26.0M

¥217k/m²

  • Heijima
  • Takadabashi · 23 min walk
  • Land 190 m² · floor 120 m²
  • Built 2017 (8 yrs) · Wood
Higher-priced2025 Q3

¥39.0M

¥252k/m²

  • Tokuda
  • Ginan · 11 min walk
  • Land 300 m² · floor 155 m²
  • Built 2017 (8 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 107% between 2023 and 2025. Prices per m² rose 109% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 27 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥10.0M¥20.0M¥30.0M¥40.0M2006200820102012201420162018202020222024
Show data table
YearHouse
2006¥25.5M
2008–
2009¥20.0M
2010–
2012¥27.0M
2013¥23.0M
2014–
2015¥19.0M
2016–
2017¥23.5M
2018¥33.0M
2019¥33.0M
2020¥22.0M
2021¥28.0M
2022–
2023¥15.0M
2024¥22.0M
2025¥31.0M
Median price per m² by year
¥0¥100k¥200k¥300k2006200820102012201420162018202020222024
Show data table
YearHouseLand
2006¥190k/m²¥54k/m²
2008–¥57k/m²
2009¥171k/m²–
2010–¥50k/m²
2012¥139k/m²¥48k/m²
2013¥151k/m²¥52k/m²
2014–¥46k/m²
2015¥181k/m²¥41k/m²
2016–¥43k/m²
2017¥190k/m²¥40k/m²
2018¥115k/m²¥48k/m²
2019¥228k/m²¥47k/m²
2020¥210k/m²¥46k/m²
2021¥239k/m²¥46k/m²
2022–¥36k/m²
2023¥102k/m²¥43k/m²
2024¥143k/m²¥39k/m²
2025¥214k/m²¥45k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥273k/m²
1¥252k/m²
50¥44k/m²

Prices near train stations in Ginan Town, Hashima County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Ginan (岐南)––¥30.5M14282,174+8% vs 2019
Hosobata (細畑)––¥13.5M12121,688-7% vs 2019
Kasamatsu (笠松)––¥22.0M9128,428-3% vs 2019
Kiridoshi (切通)––¥28.0M23121,518-7% vs 2019

How much does a house cost in Ginan Town, Hashima County?

The median house sale, including the land, was ¥31.0M in 2025 across 27 sales.

Are property prices in Ginan Town, Hashima County going up?

Over the five years to 2025, residential land prices changed -2.2%.

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.