Himeji Castle, Hyogo
Photo: Himeji Castle, Hyogo · Svetlana Gumerova / Unsplash

Awaji City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 99

In short

  1. 1
    Price growth is speeding up

    House values per m² have risen about 3.9% a year over the past five years, faster than the 1.9% a year of the five years before.

  2. 2
    Outperforming Hyogo

    Per m², houses here are 58% below the Hyogo average.

  3. 3
    Sales are thinning out

    Transactions are down about 26% on the previous three years.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥3.5M and ¥26.0M.

The answers, compared

What does a home cost?

¥12.0M

median house · ¥88k/m²

54% below the Hyogo median

8 of 22 areas in Hyogo, highest first

Are prices rising?

+33.3%

over 5 years

Faster than Hyogo (+30.0%)

5 of 38 areas in Hyogo, highest first

Can local earners afford it?

3.5× income

median price ÷ average taxable income

Easier than Hyogo (5.5×)

21 of 41 areas in Hyogo, highest first

Rent or buy?

21years of rent

median price ÷ a year of median rent

Shorter than Hyogo (32)

20 of 40 areas in Hyogo, highest first

Are people moving in?

-5.9%

population, 2020–25

Shrinking faster than Hyogo (-2.6%)

27 of 41 areas in Hyogo, highest first

How risky is it?

52%

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

Higher than Hyogo (33%)

5 of 41 areas in Hyogo, highest first

Rent in Awaji City

The average private rental costs ¥53k a month (2023), +11.3% since 2018. Hyogo: ¥65k

Floor areaAverage rent / month
30–49 m²
1LDK / 2DK
¥51k
vs 2018 +7.8% · Hyogo: ¥62k
50–69 m²
2LDK / 3DK
¥59k
vs 2018 +15.1% · Hyogo: ¥75k
Rent per m²
¥1,111
median, per month · Hyogo: ¥1,586

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. 2,250 rented homes.

What the data says

Price growth is speeding up

House values per m² have risen about 3.9% a year over the past five years, faster than the 1.9% 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.

Outperforming Hyogo

Per m², houses here are 58% below the Hyogo average. The discount has shrunk from 63% ten years ago, so Awaji City is catching up with its surroundings.

Sales are thinning out

Transactions are down about 26% 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 ¥3.5M and ¥26.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 5.9% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 8.2 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

26.9% of homes were empty in 2023 (13.8% for the wider area), and 16.7% 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.

High earthquake risk

The government's seismic model gives a 52% chance of shaking of intensity 6-lower or stronger in the next 30 years (33% 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 below average

Taxpayers here reported an average taxable income of ¥3.4m in 2023 (¥4.0m for the wider area). That is +31% 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 +3% in the year to January 2026 and +3% over five years. 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, 8% are inside the worst-case flood zone, 15% 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 Awaji City: people, homes and risks

Population 2025
39,472
-5.9% since 2020
Hyogo: -2.6%
Net moves in 2025
-324
-8.21 per 1,000 residents
Hyogo: -0.39
Vacant homes (2023)
26.9%
16.7% empty and not for rent or sale
Hyogo: 13.8%
Median rent (2023)
¥47k
per month, all rented homes
Hyogo: ¥57k
Strong earthquake risk
52.3%
chance of shaking of intensity 6-lower or more within 30 years
Hyogo: 33.0%
Average income per taxpayer
¥3.4M
taxable income in 2023
Hyogo: ¥4.0M
Daytime population
99
people here by day per 100 residents (2020 census)
Foreign residents
1.9%
787 registered residents in 2024
Hyogo: 2.6%
Clinics
10.9
per 10,000 residents; 3 hospitals, 21 dental clinics (2020)
Hyogo: 10.1
Official land price 2026
¥27k/m²
+2.7% in a year · +2.5% in 5 years
Hyogo: ¥102k/m²
Flood exposure
7.7%
of 13 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hyogo: 46.1%
Landslide exposure
15.4%
of 13 benchmark sites in a landslide warning area
Hyogo: 4.3%

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 Awaji 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 Q1

¥4.5M

¥33k/m²

  • Ikuho
  • Land 160 m² · floor 135 m²
  • Built 1996 (30 yrs) · Wood
Typical2025 Q3

¥16.0M

¥168k/m²

  • Gunge
  • Land 165 m² · floor 95 m²
  • Built 1996 (29 yrs) · Steel
Higher-priced2025 Q4

¥29.0M

¥276k/m²

  • Oiso
  • Land 145 m² · floor 105 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M2006200820102012201420162018202020222024
Show data table
YearHouse
2006–
2007–
2008¥8.9M
2009¥10.5M
2010¥10.0M
2011¥8.0M
2012¥7.5M
2013¥9.1M
2014¥7.5M
2015¥7.0M
2016¥8.5M
2017¥7.0M
2018¥5.2M
2019¥7.5M
2020¥7.1M
2021¥6.4M
2022¥10.4M
2023¥11.0M
2024¥8.5M
2025¥12.0M
Median price per m² by year
¥0¥50k¥100k2006200820102012201420162018202020222024
Show data table
YearHouseLand
2006–¥32k/m²
2007–¥34k/m²
2008¥80k/m²¥25k/m²
2009¥90k/m²¥37k/m²
2010¥78k/m²¥30k/m²
2011¥79k/m²¥25k/m²
2012¥58k/m²¥23k/m²
2013¥81k/m²¥19k/m²
2014¥76k/m²¥19k/m²
2015¥74k/m²¥23k/m²
2016¥70k/m²¥20k/m²
2017¥74k/m²¥23k/m²
2018¥53k/m²¥18k/m²
2019¥69k/m²¥16k/m²
2020¥67k/m²¥24k/m²
2021¥52k/m²¥25k/m²
2022¥94k/m²¥27k/m²
2023¥100k/m²¥25k/m²
2024¥77k/m²¥29k/m²
2025¥88k/m²¥32k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥300k/m²
50¥41k/m²

How much does a house cost in Awaji City?

The median house sale, including the land, was ¥12.0M in 2025 across 42 sales.

Are property prices in Awaji City going up?

Over the five years to 2025, residential land prices changed +33.3%.

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.