Odori Park, Sapporo, Hokkaido
Photo: Odori Park, Sapporo, Hokkaido · Lucas Cheng / Unsplash

Minami Ward, Sapporo City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 322

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 2% a year over the past five years, faster than the 0.9% a year of the five years before.

  2. 2
    Lagging Hokkaido

    Per m², condos here are 54% below the Hokkaido average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 42% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    63% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥6.6M

median used condo · ¥95k/m²

61% below the Hokkaido median

15 of 15 areas in Hokkaido, highest first

Are prices rising?

-17.2%

over 5 years

Slower than Hokkaido (+22.6%)

35 of 42 areas in Hokkaido, highest first

Can local earners afford it?

1.8× income

median price ÷ average taxable income

Easier than Hokkaido (4.9×)

34 of 48 areas in Hokkaido, highest first

Rent or buy?

11years of rent

median price ÷ a year of median rent

Shorter than Hokkaido (31)

36 of 46 areas in Hokkaido, highest first

Are people moving in?

-2.4%

population, 2020–25

Shrinking slower than Hokkaido (-4.6%)

12 of 51 areas in Hokkaido, highest first

How risky is it?

2%

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

Lower than Hokkaido (11%)

43 of 51 areas in Hokkaido, highest first

Rent in Minami Ward, Sapporo City

The average private rental costs ¥51k a month (2023), -1.0% since 2018. Hokkaido: ¥51k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥38k
vs 2018 +3.2% · Hokkaido: ¥40k
30–49 m²
1LDK / 2DK
¥48k
vs 2018 +6.1% · Hokkaido: ¥49k
50–69 m²
2LDK / 3DK
¥55k
vs 2018 -8.7% · Hokkaido: ¥58k
70–99 m²
3LDK / family
¥63k
vs 2018 -0.4% · Hokkaido: ¥65k
100–149 m²
mostly houses
¥67k
vs 2018 +5.8% · Hokkaido: ¥60k
Rent per m²
¥1,154
median, per month · Hokkaido: ¥1,216
The median used condo (¥6.6M, 68 m²) costs about 10 years of average rent for a similar-sized home (¥55k 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. 16,700 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 2% a year over the past five years, faster than the 0.9% 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.

Lagging Hokkaido

Per m², condos here are 54% below the Hokkaido average. Ten years ago the gap was 36%, so Minami Ward, Sapporo City has been falling behind the rest of Hokkaido.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 42% 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

63% 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 29% 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 ¥3.5M and ¥15.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.4% between 2020 and 2025 (−4.6% for the wider area). Moves in and out roughly balanced in 2025.

Typical vacancy

14.1% of homes were empty in 2023 (15.6% for the wider area), and 4.5% 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 11.5 years of the area's median rent (¥48k a month), compared with 30.7 years for the wider area. Prices are low relative to rents, which points to higher rental yields, but often also to weaker growth prospects. Rents here cover all rented homes, so treat this as a rough guide.

Lower earthquake risk

The government's seismic model gives a 2% chance of shaking of intensity 6-lower or stronger in the next 30 years (11% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

A typical condo costs 1.8 years of local income

Taxpayers in the city as a whole reported an average taxable income of ¥3.6m in 2023 (¥3.4m for the wider area). That is +20% since 2014. The median resale condo sold for about 1.8 times that, against 4.9 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +0% in the year to January 2026 and +27% over five years. They are still 50% 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, 17% are inside the worst-case flood zone. 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 Minami Ward, Sapporo City: people, homes and risks

Population 2025
132,525
-2.4% since 2020
Hokkaido: -4.6%
Net moves in 2025
+201
+1.52 per 1,000 residents
Hokkaido: -1.04
Vacant homes (2023)
14.1%
4.5% empty and not for rent or sale
Hokkaido: 15.6%
Median rent (2023)
¥48k
per month, all rented homes
Hokkaido: ¥46k
Strong earthquake risk
1.6%
chance of shaking of intensity 6-lower or more within 30 years
Hokkaido: 10.5%
Average income per taxpayer
¥3.6M
taxable income in 2023, citywide figure
Hokkaido: ¥3.4M
Daytime population
90
people here by day per 100 residents (2020 census)
Foreign residents
0.9%
1,256 registered residents in 2024
Hokkaido: 1.3%
Clinics
5.9
per 10,000 residents; 15 hospitals, 68 dental clinics (2020)
Hokkaido: 6.9
Official land price 2026
¥32k/m²
+0.3% in a year · +26.5% in 5 years
Hokkaido: ¥30k/m²
Flood exposure
17.0%
of 47 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hokkaido: 51.8%
Landslide exposure
2.1%
of 47 benchmark sites in a landslide warning area
Hokkaido: 0.6%

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 Minami Ward, Sapporo 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

¥3.7M

¥67k/m²

  • Jozankeionsennishi
  • Makomanai
  • 1LDK · 55 m²
  • Built 1990 (36 yrs) · SRC
Typical2026 Q2

¥8.0M

¥100k/m²

  • Ishiyama2jo
  • Makomanai
  • 3LDK · 80 m²
  • Built 2001 (25 yrs) · RC
Higher-priced2026 Q1

¥21.0M

¥247k/m²

  • Sumikawa1jo
  • Sumikawa · 9 min walk
  • 4LDK · 85 m²
  • Built 1981 (45 yrs) · SRC

House

Lower-priced2026 Q2

¥5.0M

¥48k/m²

  • Fujino5jo
  • Makomanai
  • Land 175 m² · floor 105 m²
  • Built 1992 (34 yrs) · Wood
Typical2026 Q2

¥11.0M

¥59k/m²

  • Fujino6jo
  • Makomanai
  • Land 180 m² · floor 185 m²
  • Built 1988 (38 yrs) · Steel
Higher-priced2025 Q3

¥33.0M

¥275k/m²

  • Fujino3jo
  • Makomanai
  • Land 195 m² · floor 120 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥7.0M¥15.5M
2007¥7.7M¥14.0M
2008¥7.4M¥15.0M
2009¥6.5M¥11.0M
2010¥6.8M¥13.0M
2011¥6.6M¥13.0M
2012¥7.5M¥13.0M
2013¥6.5M¥13.5M
2014¥7.4M¥14.0M
2015¥7.8M¥15.0M
2016¥7.7M¥13.0M
2017¥7.3M¥13.0M
2018¥9.8M¥14.5M
2019¥5.2M¥11.0M
2020¥8.5M¥14.5M
2021¥8.1M¥18.0M
2022¥9.9M¥19.0M
2023¥8.3M¥18.0M
2024¥9.0M¥13.0M
2025¥6.6M¥13.0M
2026 (partial)¥8.5M¥11.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 14% 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.
¥0¥50k¥100k¥150k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥103k/m²¥124k/m²¥35k/m²
2007¥106k/m²¥100k/m²¥31k/m²
2008¥106k/m²¥112k/m²¥24k/m²
2009¥99k/m²¥86k/m²¥22k/m²
2010¥95k/m²¥100k/m²¥24k/m²
2011¥100k/m²¥88k/m²¥23k/m²
2012¥103k/m²¥79k/m²¥24k/m²
2013¥86k/m²¥89k/m²¥25k/m²
2014¥103k/m²¥97k/m²¥24k/m²
2015¥109k/m²¥100k/m²¥21k/m²
2016¥116k/m²¥87k/m²¥20k/m²
2017¥109k/m²¥100k/m²¥22k/m²
2018¥131k/m²¥110k/m²¥23k/m²
2019¥88k/m²¥83k/m²¥25k/m²
2020¥115k/m²¥93k/m²¥27k/m²
2021¥125k/m²¥133k/m²¥26k/m²
2022¥140k/m²¥138k/m²¥33k/m²
2023¥118k/m²¥118k/m²¥30k/m²
2024¥129k/m²¥97k/m²¥35k/m²
2025¥95k/m²¥95k/m²¥37k/m²
2026 (partial)¥122k/m²¥83k/m²¥34k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 40 years — House prices per m² drop about 76% from new by age 40, 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¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥325k/m²
1–¥280k/m²
25¥249k/m²¥90k/m²
26¥139k/m²–
27¥163k/m²¥136k/m²
28¥165k/m²¥99k/m²
29–¥73k/m²
30¥129k/m²¥89k/m²
31¥59k/m²¥90k/m²
32¥80k/m²¥111k/m²
33¥62k/m²¥100k/m²
34¥57k/m²¥86k/m²
35¥61k/m²¥75k/m²
36–¥81k/m²
37–¥82k/m²
38¥154k/m²¥119k/m²
39¥105k/m²¥88k/m²
40¥127k/m²¥60k/m²
41¥121k/m²¥78k/m²
42–¥70k/m²
43¥125k/m²¥75k/m²
44¥105k/m²¥67k/m²
45¥104k/m²¥56k/m²
46–¥63k/m²
47¥69k/m²¥49k/m²
49¥113k/m²¥37k/m²
50¥64k/m²¥74k/m²
Condo price per m² by construction period
¥0¥50k¥100k¥150k2006200820102012201420162018202020222024

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
Year1971-19801981-2000
2006–¥128k/m²
2007–¥114k/m²
2008¥67k/m²¥125k/m²
2009–¥80k/m²
2010–¥102k/m²
2011–¥99k/m²
2012–¥108k/m²
2013¥71k/m²¥91k/m²
2014–¥107k/m²
2015¥84k/m²¥117k/m²
2016¥79k/m²¥117k/m²
2017¥102k/m²¥97k/m²
2018–¥137k/m²
2019¥111k/m²¥70k/m²
2020–¥122k/m²
2021¥96k/m²¥126k/m²
2022–¥140k/m²
2023–¥114k/m²
2024¥72k/m²¥142k/m²
2025–¥92k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k20062008201020122014201620182020202220242026

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¥91k/m²¥111k/m²¥233k/m²–
2007¥85k/m²¥100k/m²––
2008¥79k/m²¥98k/m²¥200k/m²–
2009¥65k/m²¥85k/m²––
2010¥59k/m²¥89k/m²¥204k/m²–
2011–¥80k/m²–¥238k/m²
2012¥46k/m²¥65k/m²–¥229k/m²
2013¥61k/m²¥75k/m²–¥215k/m²
2014¥59k/m²¥75k/m²–¥264k/m²
2015¥71k/m²¥88k/m²–¥272k/m²
2016¥53k/m²¥72k/m²–¥261k/m²
2017¥59k/m²¥80k/m²–¥271k/m²
2018¥54k/m²¥67k/m²–¥242k/m²
2019¥62k/m²¥71k/m²–¥293k/m²
2020¥58k/m²¥75k/m²–¥267k/m²
2021¥52k/m²¥91k/m²––
2022¥74k/m²¥90k/m²––
2023¥50k/m²¥86k/m²––
2024¥46k/m²¥87k/m²––
2025¥43k/m²¥83k/m²––
2026 (partial)–¥63k/m²––

Prices near train stations in Minami Ward, Sapporo 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)
Makomanai (真駒内)¥7.3M¥106k/m²¥12.0M1647922,368-11% vs 2019
Sumikawa (澄川)¥11.0M¥151k/m²¥36.0M89518,748-6% vs 2019
Jieitai Mae (自衛隊前)¥9.2M¥142k/m²¥23.5M9576,244-6% vs 2019

Used condo prices by layout in Minami Ward, Sapporo City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥9.9M70 m²94
2LDK¥5.3M55 m²44
4LDK¥12.0M90 m²41
1LDK¥3.3M40 m²20

How much does an apartment cost in Minami Ward, Sapporo City?

The median used condo (mansion) in Minami Ward, Sapporo City sold for ¥6.6M in 2025, about ¥95k/m², based on 68 recorded sales.

How much does a house cost in Minami Ward, Sapporo City?

The median house sale, including the land, was ¥13.0M in 2025 across 128 sales.

Are property prices in Minami Ward, Sapporo City going up?

Over the five years to 2025, condo prices per m² changed -17.2% and residential land prices changed +37.0%.

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.