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

Mino City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 36

In short

  1. 1
    A shrinking population

    The population fell 8.6% between 2020 and 2025 (−4.4% for the wider area).

  2. 2
    Many abandoned homes

    16.5% of homes were empty in 2023 (16.1% for the wider area), and 10.8% were empty without being for rent, for sale or used as second homes.

  3. 3
    Lower earthquake risk

    The government's seismic model gives a 7% chance of shaking of intensity 6-lower or stronger in the next 30 years (29% for the wider area).

  4. 4
    Local incomes are close to average

    Taxpayers here reported an average taxable income of ¥3.3m in 2023 (¥3.5m for the wider area).

The answers, compared

Are prices rising?

-73.7%

over 5 years

Slower than Gifu (+21.4%)

23 of 23 areas in Gifu, highest first

Are people moving in?

-8.6%

population, 2020–25

Shrinking faster than Gifu (-4.4%)

21 of 26 areas in Gifu, highest first

How risky is it?

7%

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

Lower than Gifu (29%)

23 of 26 areas in Gifu, highest first

Key figures for 2025

Residential land per m² (sales)
¥4k/m²
-73.7% over 5 years
Transactions in 2025
36

Rent in Mino City

The average private rental costs ¥44k a month (2023), +6.9% since 2018. Gifu: ¥50k

Floor areaAverage rent / month
30–49 m²
1LDK / 2DK
¥45k
vs 2018 +3.4% · Gifu: ¥47k
Rent per m²
¥1,174
median, per month · Gifu: ¥1,148

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. 720 rented homes.

What the data says

A shrinking population

The population fell 8.6% between 2020 and 2025 (−4.4% for the wider area). More people moved out than in during 2025 (about 4 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

16.5% of homes were empty in 2023 (16.1% for the wider area), and 10.8% 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 7% chance of shaking of intensity 6-lower or stronger in the next 30 years (29% 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 ¥3.3m in 2023 (¥3.5m 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 still falling

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 -6% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Living in Mino City: people, homes and risks

Population 2025
17,590
-8.6% since 2020
Gifu: -4.4%
Net moves in 2025
-71
-4.04 per 1,000 residents
Gifu: -2.39
Vacant homes (2023)
16.5%
10.8% empty and not for rent or sale
Gifu: 16.1%
Median rent (2023)
¥41k
per month, all rented homes
Gifu: ¥48k
Strong earthquake risk
6.9%
chance of shaking of intensity 6-lower or more within 30 years
Gifu: 28.6%
Average income per taxpayer
¥3.3M
taxable income in 2023
Gifu: ¥3.5M
Daytime population
105
people here by day per 100 residents (2020 census)
Foreign residents
3.5%
663 registered residents in 2024
Gifu: 3.7%
Clinics
10.2
per 10,000 residents; 1 hospitals, 10 dental clinics (2020)
Gifu: 8.6
Official land price 2026
¥29k/m²
-0.8% in a year · -5.6% in 5 years
Gifu: ¥39k/m²
Flood exposure
25.0%
of 4 benchmark sites in a worst-case flood zone (25.0% 3 m or deeper)
Gifu: 62.5%
Landslide exposure
0.0%
of 4 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 Mino 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-priced2026 Q2

¥800k

¥9k/m²

  • (No Address)
  • Minoshi · 3 min walk
  • Land 70 m² · floor 85 m²
  • Built 1972 (54 yrs) · Wood
Typical2026 Q1

¥3.5M

¥21k/m²

  • (No Address)
  • Minoshi · 8 min walk
  • Land 410 m² · floor 165 m²
  • Built 1970 (56 yrs) · Wood
Higher-priced2025 Q3

¥8.0M

¥94k/m²

  • Sakuragaoka
  • Matsumori · 29 min walk
  • Land 180 m² · floor 85 m²
  • Built 1977 (48 yrs) · Wood
Median price per m² by year
¥0¥10k¥20k¥30k¥40k20052007200920112013201520172019202120232025
Show data table
YearLand
2005¥10k/m²
2006¥22k/m²
2007¥25k/m²
2008¥32k/m²
2010¥15k/m²
2011¥23k/m²
2012¥18k/m²
2013¥12k/m²
2014¥14k/m²
2015¥9k/m²
2016¥20k/m²
2017¥18k/m²
2019¥15k/m²
2020¥15k/m²
2021¥16k/m²
2025¥4k/m²

Prices near train stations in Mino 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)
Minoshi (美濃市)––¥3.8M1525173+22% vs 2019
Matsumori (松森)––¥15.0M151756-22% vs 2019

Are property prices in Mino City going up?

Over the five years to 2025, residential land prices changed -73.7%.

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.