Usui Lake, Annaka, Gunma
Photo: Usui Lake, Annaka, Gunma · Kishor / Unsplash

Takasaki City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 827

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 7.8% a year over the past five years, faster than the 1.8% a year of the five years before.

  2. 2
    Moving with Gunma

    Per m², condos here are 31% above the Gunma average.

  3. 3
    Station distance barely matters

    Condos 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

  4. 4
    A family market

    62% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥21.0M

median used condo · ¥323k/m²

50% above the Gunma median

Are prices rising?

+40.0%

over 5 years

Faster than Gunma (+16.0%)

3 of 16 areas in Gunma, highest first

Can local earners afford it?

5.4× income

median price ÷ average taxable income

Harder than Gunma (4.3×)

3 of 17 areas in Gunma, highest first

Rent or buy?

35years of rent

median price ÷ a year of median rent

Longer than Gunma (27)

1 of 16 areas in Gunma, highest first

Are people moving in?

-2.5%

population, 2020–25

Shrinking slower than Gunma (-3.7%)

6 of 18 areas in Gunma, highest first

How risky is it?

14%

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

In line with Gunma (12%)

5 of 18 areas in Gunma, highest first

Rent in Takasaki City

The average private rental costs ¥53k a month (2023), +4.6% since 2018. Gunma: ¥49k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥41k
vs 2018 -4.8% · Gunma: ¥40k
30–49 m²
1LDK / 2DK
¥51k
vs 2018 +5.7% · Gunma: ¥47k
50–69 m²
2LDK / 3DK
¥60k
vs 2018 +3.4% · Gunma: ¥55k
70–99 m²
3LDK / family
¥76k
vs 2018 +11.8% · Gunma: ¥62k
100–149 m²
mostly houses
¥75k
vs 2018 +15.1% · Gunma: ¥56k
150 m² +
mostly houses
¥74k
vs 2018 +23.8% · Gunma: ¥61k
Rent per m²
¥1,294
median, per month · Gunma: ¥1,195
The median used condo (¥21.0M, 65 m²) costs about 29 years of average rent for a similar-sized home (¥60k 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. 38,710 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 7.8% a year over the past five years, faster than the 1.8% 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.

Moving with Gunma

Per m², condos here are 31% above the Gunma average. That position has barely changed in ten years, so it moves with the wider market.

Station distance barely matters

Condos 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

A family market

62% 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.

What a typical purchase costs

Half of all condo sales last year were between ¥7.6M and ¥32.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.5% between 2020 and 2025 (−3.7% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 1.6% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

13.9% of homes were empty in 2023 (16.7% for the wider area), and 7.1% 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 35 years of the area's median rent (¥50k a month), compared with 26.6 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.

Lower earthquake risk

The government's seismic model gives a 14% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

A typical condo costs 5.4 years of local income

Taxpayers here reported an average taxable income of ¥3.9m in 2023 (¥3.5m for the wider area). That is +18% since 2014. The median resale condo sold for about 5.4 times that, against 4.3 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 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 +1% over five years. They are still 51% below their 1991 bubble-era level. 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, 19% are inside the worst-case flood zone (3% 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 Takasaki City: people, homes and risks

Population 2025
363,801
-2.5% since 2020
Gunma: -3.7%
Net moves in 2025
+294
+0.81 per 1,000 residents
Gunma: -0.81
Vacant homes (2023)
13.9%
7.1% empty and not for rent or sale
Gunma: 16.7%
Median rent (2023)
¥50k
per month, all rented homes
Gunma: ¥47k
Strong earthquake risk
13.7%
chance of shaking of intensity 6-lower or more within 30 years
Gunma: 11.6%
Average income per taxpayer
¥3.9M
taxable income in 2023
Gunma: ¥3.5M
Daytime population
102
people here by day per 100 residents (2020 census)
Foreign residents
2.1%
7,651 registered residents in 2024
Gunma: 4.3%
Clinics
9.7
per 10,000 residents; 26 hospitals, 203 dental clinics (2020)
Gunma: 8.6
Official land price 2026
¥54k/m²
+0.6% in a year · +0.5% in 5 years
Gunma: ¥32k/m²
Flood exposure
19.4%
of 67 benchmark sites in a worst-case flood zone (3.0% 3 m or deeper)
Gunma: 37.7%
Landslide exposure
0.0%
of 67 benchmark sites in a landslide warning area
Gunma: 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 Takasaki 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 Q3

¥10.0M

¥182k/m²

  • Showamachi
  • Kita Takasaki · 5 min walk
  • 2LDK · 55 m²
  • Built 1979 (46 yrs) · SRC
Typical2025 Q4

¥23.0M

¥460k/m²

  • Himonocho
  • Takasaki(JR) · 9 min walk
  • 1LDK · 50 m²
  • Built 1993 (32 yrs) · SRC
Higher-priced2025 Q4

¥37.0M

¥493k/m²

  • Kitafutabacho
  • Takasaki(JR) · 8 min walk
  • 3LDK · 75 m²
  • Built 2005 (20 yrs) · RC

House

Lower-priced2025 Q4

¥6.6M

¥46k/m²

  • Kamisatomimachi
  • Gumma Yawata
  • Land 1000 m² · floor 145 m²
  • Built 1994 (31 yrs) · Wood
Typical2026 Q2

¥22.0M

¥210k/m²

  • Shimotoyookamachi
  • Kita Takasaki · 28 min walk
  • Land 240 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥38.0M

¥217k/m²

  • Hiyamizumachi
  • Gumma Soja
  • Land 700 m² · floor 175 m²
  • Built 2002 (24 yrs) · Steel
Median transaction price by yearA jump driven by what sold — The median condo price rose 62% between 2023 and 2025. Per m², prices rose only 42%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 69 condo sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥9.3M¥22.0M
2008¥9.4M¥21.0M
2009¥8.9M¥19.0M
2010¥7.5M¥20.0M
2011¥11.0M¥20.0M
2012¥8.3M¥19.5M
2013¥9.5M¥19.0M
2014¥10.0M¥20.0M
2015¥11.0M¥21.0M
2016¥9.5M¥20.0M
2017¥11.0M¥22.0M
2018¥19.0M¥22.0M
2019¥9.9M¥23.0M
2020¥15.0M¥22.0M
2021¥19.0M¥24.0M
2022¥13.0M¥24.0M
2023¥13.0M¥23.0M
2024¥17.5M¥22.0M
2025¥21.0M¥24.0M
2026 (partial)¥20.5M¥20.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 36% 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¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥176k/m²¥184k/m²¥43k/m²
2008¥150k/m²¥180k/m²¥37k/m²
2009¥173k/m²¥152k/m²¥38k/m²
2010¥135k/m²¥156k/m²¥37k/m²
2011¥160k/m²¥157k/m²¥36k/m²
2012¥138k/m²¥158k/m²¥41k/m²
2013¥163k/m²¥150k/m²¥34k/m²
2014¥163k/m²¥151k/m²¥30k/m²
2015¥200k/m²¥171k/m²¥29k/m²
2016¥168k/m²¥167k/m²¥32k/m²
2017¥178k/m²¥182k/m²¥33k/m²
2018¥283k/m²¥184k/m²¥31k/m²
2019¥167k/m²¥184k/m²¥30k/m²
2020¥231k/m²¥190k/m²¥31k/m²
2021¥284k/m²¥200k/m²¥34k/m²
2022¥235k/m²¥200k/m²¥32k/m²
2023¥227k/m²¥188k/m²¥39k/m²
2024¥258k/m²¥182k/m²¥38k/m²
2025¥323k/m²¥190k/m²¥44k/m²
2026 (partial)¥344k/m²¥150k/m²¥38k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 31 years — House prices per m² drop about 63% from new by age 31, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥276k/m²
1–¥267k/m²
2–¥290k/m²
3–¥248k/m²
5–¥220k/m²
6–¥267k/m²
7–¥365k/m²
9–¥252k/m²
12–¥139k/m²
13¥416k/m²¥208k/m²
15¥423k/m²¥180k/m²
16¥400k/m²¥182k/m²
17¥394k/m²¥159k/m²
18–¥159k/m²
19–¥197k/m²
20–¥130k/m²
21–¥111k/m²
22–¥174k/m²
23–¥141k/m²
24–¥111k/m²
25–¥125k/m²
26–¥158k/m²
27¥267k/m²¥130k/m²
28–¥120k/m²
29¥187k/m²¥104k/m²
30¥128k/m²¥93k/m²
31¥157k/m²¥107k/m²
32¥140k/m²¥83k/m²
33¥208k/m²¥102k/m²
34¥149k/m²¥88k/m²
35–¥92k/m²
36–¥91k/m²
37–¥123k/m²
38–¥69k/m²
39–¥99k/m²
40–¥95k/m²
41–¥52k/m²
42–¥106k/m²
43–¥69k/m²
44–¥65k/m²
45–¥53k/m²
46–¥58k/m²
47–¥58k/m²
48–¥54k/m²
49–¥75k/m²
50–¥56k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025

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
Year1981-20002001-2010
2007¥160k/m²–
2008¥142k/m²–
2009¥132k/m²–
2010¥117k/m²¥338k/m²
2011¥125k/m²¥300k/m²
2012¥126k/m²–
2013¥131k/m²¥282k/m²
2014¥150k/m²–
2015¥160k/m²–
2016¥145k/m²–
2017¥169k/m²–
2018¥180k/m²¥335k/m²
2019¥157k/m²–
2020¥169k/m²–
2021¥142k/m²–
2022¥186k/m²–
2023¥195k/m²–
2024¥214k/m²–
2025¥210k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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
2007¥89k/m²¥132k/m²¥235k/m²–
2008¥89k/m²¥123k/m²¥227k/m²–
2009¥97k/m²¥121k/m²¥229k/m²–
2010¥73k/m²¥111k/m²¥210k/m²–
2011¥92k/m²¥100k/m²¥191k/m²¥219k/m²
2012¥63k/m²¥105k/m²–¥229k/m²
2013¥85k/m²¥100k/m²¥140k/m²¥236k/m²
2014¥66k/m²¥92k/m²¥188k/m²¥252k/m²
2015¥79k/m²¥119k/m²¥130k/m²¥231k/m²
2016¥67k/m²¥102k/m²¥152k/m²¥238k/m²
2017¥79k/m²¥110k/m²¥148k/m²¥245k/m²
2018¥74k/m²¥107k/m²¥170k/m²¥243k/m²
2019¥56k/m²¥107k/m²–¥252k/m²
2020¥73k/m²¥105k/m²¥150k/m²¥240k/m²
2021¥73k/m²¥107k/m²¥149k/m²¥257k/m²
2022¥56k/m²¥94k/m²–¥228k/m²
2023¥46k/m²¥102k/m²¥185k/m²¥250k/m²
2024¥58k/m²¥92k/m²¥155k/m²¥232k/m²
2025¥62k/m²¥109k/m²¥193k/m²¥236k/m²
2026 (partial)¥43k/m²¥103k/m²––

Prices near train stations in Takasaki 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)
Takasaki(JR) (高崎(JR))¥21.0M¥330k/m²¥31.0M1540363,608-4% vs 2019
Ino(Gumma) (井野(群馬))––¥28.0M121664,116-6% vs 2019
Gumma Yawata (群馬八幡)––¥13.0M181652,040-16% vs 2019
Kita Takasaki (北高崎)¥12.0M¥200k/m²¥26.5M161453,212-1% vs 2019
Kuragano (倉賀野)––¥25.0M151293,588-3% vs 2019
Takasakitonyamachi (高崎問屋町)¥23.0M¥271k/m²¥28.0M131047,718+1% vs 2019
Gumma Soja (群馬総社)––¥17.0M–603,270-4% vs 2019
Shimmachi(Gumma) (新町(群馬))––¥23.0M10426,374-15% vs 2019
Yoshii(Gumma) (吉井(群馬))––¥19.0M1040316-6% vs 2019
Maniwa (馬庭)––¥6.8M2425337-14% vs 2019
Nishi Yoshii (西吉井)––¥20.0M821135-4% vs 2019
Negoya (根小屋)––¥8.5M1111125-16% vs 2019

Used condo prices by layout in Takasaki City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥22.0M70 m²97
2LDK¥15.0M55 m²35
4LDK¥30.0M80 m²11

How much does an apartment cost in Takasaki City?

The median used condo (mansion) in Takasaki City sold for ¥21.0M in 2025, about ¥323k/m², based on 69 recorded sales.

How much does a house cost in Takasaki City?

The median house sale, including the land, was ¥24.0M in 2025 across 402 sales.

Are property prices in Takasaki City going up?

Over the five years to 2025, condo prices per m² changed +40.0% and residential land prices changed +44.3%.

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.