Itsukushima Shrine, Hatsukaichi, Hiroshima
Photo: Itsukushima Shrine, Hatsukaichi, Hiroshima · Nicki Eliza Schinow / Unsplash

Nishi Ward, Hiroshima City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 253

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 3.1% a year, down from 5.3% a year in the previous five years.

  2. 2
    Outperforming Hiroshima

    Per m², condos here are 7% above the Hiroshima 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

    71% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥24.5M

median used condo · ¥331k/m²

0% above the Hiroshima median

6 of 9 areas in Hiroshima, highest first

Are prices rising?

+7.9%

over 5 years

Slower than Hiroshima (+9.8%)

14 of 20 areas in Hiroshima, highest first

Can local earners afford it?

6.3× income

median price ÷ average taxable income

In line with Hiroshima (6.3×)

11 of 20 areas in Hiroshima, highest first

Rent or buy?

37years of rent

median price ÷ a year of median rent

In line with Hiroshima (36)

11 of 20 areas in Hiroshima, highest first

Are people moving in?

-2.8%

population, 2020–25

Shrinking slower than Hiroshima (-4.2%)

10 of 23 areas in Hiroshima, highest first

How risky is it?

32%

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

Higher than Hiroshima (29%)

7 of 23 areas in Hiroshima, highest first

Rent in Nishi Ward, Hiroshima City

The average private rental costs ¥58k a month (2023), +6.9% since 2018. Hiroshima: ¥56k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥42k
vs 2018 +5.8% · Hiroshima: ¥44k
30–49 m²
1LDK / 2DK
¥58k
vs 2018 +7.2% · Hiroshima: ¥55k
50–69 m²
2LDK / 3DK
¥70k
vs 2018 +1.9% · Hiroshima: ¥65k
70–99 m²
3LDK / family
¥77k
vs 2018 -3.6% · Hiroshima: ¥73k
100–149 m²
mostly houses
¥84k
vs 2018 +12.3% · Hiroshima: ¥70k
150 m² +
mostly houses
¥86k
vs 2018 +51.0% · Hiroshima: ¥69k
Rent per m²
¥1,537
median, per month · Hiroshima: ¥1,409
The median used condo (¥24.5M, 70 m²) costs about 26 years of average rent for a similar-sized home (¥77k 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. 40,010 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 3.1% a year, down from 5.3% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Outperforming Hiroshima

Per m², condos here are 7% above the Hiroshima average. The premium has grown from 3% ten years ago, so Nishi Ward, Hiroshima City has been outperforming its surroundings.

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

71% 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 ¥16.0M and ¥33.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.8% between 2020 and 2025 (−4.2% for the wider area). Moves in and out roughly balanced in 2025.

Few abandoned homes

11.9% of homes were empty in 2023 (15.8% for the wider area), and 3.1% 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.

Buying vs renting

A median used condo costs about 36.6 years of the area's median rent (¥56k a month), compared with 36.4 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.

Moderate earthquake risk

The government's seismic model gives a 32% chance of shaking of intensity 6-lower or stronger in the next 30 years (29% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

A typical condo costs 6.3 years of local income

Taxpayers in the city as a whole reported an average taxable income of ¥3.9m in 2023 (¥3.6m for the wider area). That is +16% since 2014. The median resale condo sold for about 6.3 times that, against 6.3 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 rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +3% in the year to January 2026 and +14% over five years. They are still 46% 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, 61% are inside the worst-case flood zone (47% with expected depths of 3 m or more), 36% are in a tsunami inundation zone, 17% are in a landslide warning area. 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 Nishi Ward, Hiroshima City: people, homes and risks

Population 2025
184,911
-2.8% since 2020
Hiroshima: -4.2%
Net moves in 2025
+27
+0.15 per 1,000 residents
Hiroshima: -3.7
Vacant homes (2023)
11.9%
3.1% empty and not for rent or sale
Hiroshima: 15.8%
Median rent (2023)
¥56k
per month, all rented homes
Hiroshima: ¥53k
Strong earthquake risk
31.9%
chance of shaking of intensity 6-lower or more within 30 years
Hiroshima: 28.6%
Average income per taxpayer
¥3.9M
taxable income in 2023, citywide figure
Hiroshima: ¥3.6M
Daytime population
98
people here by day per 100 residents (2020 census)
Foreign residents
2.5%
4,567 registered residents in 2024
Hiroshima: 2.4%
Clinics
8.1
per 10,000 residents; 13 hospitals, 116 dental clinics (2020)
Hiroshima: 9.4
Official land price 2026
¥160k/m²
+3.1% in a year · +13.9% in 5 years
Hiroshima: ¥62k/m²
Flood exposure
61.1%
of 36 benchmark sites in a worst-case flood zone (47.2% 3 m or deeper)
Hiroshima: 51.0%
Tsunami exposure
36.1%
of 36 benchmark sites in a tsunami inundation zone
Hiroshima: 31.1%
Landslide exposure
16.7%
of 36 benchmark sites in a landslide warning area
Hiroshima: 13.6%

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 Nishi Ward, Hiroshima 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-priced2026 Q2

¥13.0M

¥260k/m²

  • Kusatsuminami
  • Shin Inokuchi · 10 min walk
  • 1LDK · 50 m²
  • Built 1987 (39 yrs) · SRC
Typical2025 Q4

¥25.0M

¥313k/m²

  • Inokuchi
  • Shin Inokuchi · 6 min walk
  • 4LDK · 80 m²
  • Built 1988 (37 yrs) · SRC
Higher-priced2026 Q2

¥37.0M

¥569k/m²

  • Minamikanon
  • Hiroshima
  • 2LDK · 65 m²
  • Built 2023 (3 yrs) · RC

House

Lower-priced2026 Q2

¥18.0M

¥257k/m²

  • Kanonshimmachi
  • Hiroshima
  • Land 45 m² · floor 70 m²
  • Built 1993 (33 yrs) · Steel
Typical2025 Q4

¥40.0M

¥444k/m²

  • Temmacho
  • Hiroshima
  • Land 50 m² · floor 90 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q4

¥73.0M

¥143k/m²

  • Kusunokicho
  • Yokogawa(Hiroshima) · 7 min walk
  • Land 145 m² · floor 510 m²
  • Built 1990 (35 yrs) · RC
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥11.5M¥34.0M
2007¥8.5M¥29.0M
2008¥12.0M¥30.5M
2009¥14.0M¥27.0M
2010¥8.3M¥31.0M
2011¥11.0M¥30.0M
2012¥8.0M¥32.5M
2013¥14.0M¥30.0M
2014¥13.5M¥30.0M
2015¥16.0M¥34.0M
2016¥17.0M¥34.0M
2017¥16.0M¥35.0M
2018¥19.0M¥32.0M
2019¥19.0M¥36.0M
2020¥23.0M¥35.0M
2021¥25.0M¥38.0M
2022¥22.0M¥40.0M
2023¥25.0M¥38.0M
2024¥27.0M¥39.0M
2025¥24.5M¥39.0M
2026 (partial)¥23.0M¥43.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 29% 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¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥193k/m²¥184k/m²¥130k/m²
2007¥200k/m²¥200k/m²¥130k/m²
2008¥200k/m²¥202k/m²¥150k/m²
2009¥200k/m²¥185k/m²¥130k/m²
2010¥175k/m²¥232k/m²¥130k/m²
2011¥185k/m²¥168k/m²¥100k/m²
2012¥170k/m²¥253k/m²¥100k/m²
2013¥216k/m²¥200k/m²¥120k/m²
2014¥223k/m²¥225k/m²¥140k/m²
2015¥233k/m²¥231k/m²¥110k/m²
2016¥261k/m²¥230k/m²¥130k/m²
2017¥233k/m²¥291k/m²¥150k/m²
2018¥280k/m²¥232k/m²¥180k/m²
2019¥283k/m²¥291k/m²¥150k/m²
2020¥307k/m²¥280k/m²¥160k/m²
2021¥365k/m²¥326k/m²¥170k/m²
2022¥300k/m²¥278k/m²¥180k/m²
2023¥357k/m²¥255k/m²¥190k/m²
2024¥356k/m²¥245k/m²¥220k/m²
2025¥331k/m²¥244k/m²¥190k/m²
2026 (partial)¥335k/m²¥310k/m²¥290k/m²
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥391k/m²
1–¥389k/m²
8¥556k/m²–
14¥393k/m²–
21–¥300k/m²
29¥232k/m²–
30¥253k/m²–
31–¥243k/m²
32¥210k/m²¥167k/m²
33¥200k/m²¥197k/m²
35–¥200k/m²
37¥193k/m²–
38–¥181k/m²
39–¥179k/m²
41–¥153k/m²
43–¥131k/m²
44–¥200k/m²
45–¥118k/m²
47–¥117k/m²
48–¥108k/m²
49–¥129k/m²
50–¥187k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2006200820102012201420162018202020222024

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
2006¥133k/m²¥176k/m²¥314k/m²–
2007¥149k/m²¥190k/m²¥309k/m²–
2008¥145k/m²¥175k/m²¥276k/m²–
2009¥103k/m²¥151k/m²¥283k/m²–
2010¥109k/m²¥157k/m²¥309k/m²–
2011–¥154k/m²–¥312k/m²
2012¥107k/m²¥160k/m²–¥314k/m²
2013¥152k/m²¥174k/m²–¥318k/m²
2014–¥196k/m²–¥335k/m²
2015¥121k/m²¥167k/m²–¥335k/m²
2016¥94k/m²¥205k/m²–¥336k/m²
2017¥113k/m²¥234k/m²–¥343k/m²
2018¥121k/m²¥226k/m²–¥354k/m²
2019–¥209k/m²–¥371k/m²
2020–¥234k/m²–¥362k/m²
2021¥133k/m²¥230k/m²–¥362k/m²
2022¥111k/m²¥184k/m²––
2023¥120k/m²¥186k/m²––
2024¥161k/m²¥194k/m²––
2025¥144k/m²¥176k/m²––

Prices near train stations in Nishi Ward, Hiroshima 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)
Nishi Hiroshima (西広島)¥22.0M¥338k/m²¥31.5M2018716,676-11% vs 2019
Shin Inokuchi (新井口)¥20.5M¥268k/m²¥43.0M1615214,182-13% vs 2019
Yokogawa(Hiroshima) (横川(広島))¥27.0M¥358k/m²¥44.0M1310030,654-10% vs 2019
Hiroshima (広島)¥32.0M¥500k/m²¥48.5M–96141,126-8% vs 2019

Used condo prices by layout in Nishi Ward, Hiroshima City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥27.0M70 m²81
4LDK¥33.5M85 m²26
2LDK¥26.0M65 m²19
1K¥3.8M20 m²14

How much does an apartment cost in Nishi Ward, Hiroshima City?

The median used condo (mansion) in Nishi Ward, Hiroshima City sold for ¥24.5M in 2025, about ¥331k/m², based on 50 recorded sales.

How much does a house cost in Nishi Ward, Hiroshima City?

The median house sale, including the land, was ¥39.0M in 2025 across 125 sales.

Are property prices in Nishi Ward, Hiroshima City going up?

Over the five years to 2025, condo prices per m² changed +7.9% and residential land prices changed +18.8%.

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.