Himeji Castle, Hyogo
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Inagawa Town, Kawabe County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 46

In short

  1. 1
    What a typical purchase costs

    Half of all house sales last year were between ¥8.5M and ¥18.8M.

  2. 2
    A shrinking population

    The population fell 7.6% between 2020 and 2025 (−2.6% for the wider area).

  3. 3
    Many abandoned homes

    9.5% of homes were empty in 2023 (13.8% for the wider area), and 8% were empty without being for rent, for sale or used as second homes.

  4. 4
    Lower earthquake risk

    The government's seismic model gives a 4% chance of shaking of intensity 6-lower or stronger in the next 30 years (33% for the wider area).

The answers, compared

What does a home cost?

¥13.0M

median house · ¥100k/m²

47% below the Hyogo median

4 of 22 areas in Hyogo, highest first

Can local earners afford it?

3.5× income

median price ÷ average taxable income

Easier than Hyogo (5.5×)

20 of 41 areas in Hyogo, highest first

Rent or buy?

17years of rent

median price ÷ a year of median rent

Shorter than Hyogo (32)

26 of 40 areas in Hyogo, highest first

Are people moving in?

-7.6%

population, 2020–25

Shrinking faster than Hyogo (-2.6%)

36 of 41 areas in Hyogo, highest first

How risky is it?

4%

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

Lower than Hyogo (33%)

37 of 41 areas in Hyogo, highest first

What the data says

What a typical purchase costs

Half of all house sales last year were between ¥8.5M and ¥18.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 7.6% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 8.6 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

9.5% of homes were empty in 2023 (13.8% for the wider area), and 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 4% chance of shaking of intensity 6-lower or stronger in the next 30 years (33% 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 ¥3.7m in 2023 (¥4.0m for the wider area). That is +10% 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 +1% in the year to January 2026 and -2% 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, 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 Inagawa Town, Kawabe County: people, homes and risks

Population 2025
27,435
-7.6% since 2020
Hyogo: -2.6%
Net moves in 2025
-236
-8.6 per 1,000 residents
Hyogo: -0.39
Vacant homes (2023)
9.5%
8.0% empty and not for rent or sale
Hyogo: 13.8%
Median rent (2023)
¥64k
per month, all rented homes
Hyogo: ¥57k
Strong earthquake risk
4.2%
chance of shaking of intensity 6-lower or more within 30 years
Hyogo: 33.0%
Average income per taxpayer
¥3.7M
taxable income in 2023
Hyogo: ¥4.0M
Daytime population
79
people here by day per 100 residents (2020 census)
Foreign residents
0.8%
223 registered residents in 2024
Hyogo: 2.6%
Clinics
8.7
per 10,000 residents; 2 hospitals, 9 dental clinics (2020)
Hyogo: 10.1
Official land price 2026
¥49k/m²
+0.5% in a year · -1.7% in 5 years
Hyogo: ¥102k/m²
Flood exposure
0.0%
of 6 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hyogo: 46.1%
Landslide exposure
16.7%
of 6 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 Inagawa Town, Kawabe County

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-priced2025 Q4

¥4.0M

¥50k/m²

  • Sugio
  • Nissei Chuo
  • Land 480 m² · floor 80 m²
  • Built 1975 (50 yrs) · Wood
Typical2025 Q4

¥14.0M

¥127k/m²

  • Fushimidai
  • Nissei Chuo · 16 min walk
  • Land 250 m² · floor 110 m²
  • Built 1983 (42 yrs) · Wood
Higher-priced2026 Q1

¥29.0M

¥276k/m²

  • Shirogane
  • Nissei Chuo
  • Land 185 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥26.0M
2008¥27.0M
2009¥19.0M
2010¥17.0M
2011¥20.0M
2012¥15.0M
2013¥27.5M
2014¥26.5M
2015¥20.0M
2016¥18.0M
2017¥14.5M
2018¥18.0M
2019¥14.0M
2020¥11.0M
2021¥16.0M
2022¥9.0M
2023¥14.0M
2025¥13.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥242k/m²¥63k/m²
2008¥229k/m²¥43k/m²
2009¥161k/m²¥50k/m²
2010¥140k/m²¥48k/m²
2011¥154k/m²–
2012¥130k/m²–
2013¥240k/m²–
2014¥233k/m²–
2015¥175k/m²–
2016¥171k/m²–
2017¥130k/m²–
2018¥155k/m²–
2019¥108k/m²–
2020¥96k/m²–
2021¥117k/m²–
2022¥69k/m²–
2023¥112k/m²–
2025¥100k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20072009201120132015201720192021

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
Year1981-20002001-20102011-2020
2007–¥292k/m²–
2008–¥295k/m²–
2009¥96k/m²¥276k/m²–
2010¥120k/m²––
2012¥117k/m²––
2013––¥296k/m²
2014––¥278k/m²
2015¥100k/m²–¥307k/m²
2016¥97k/m²–¥278k/m²
2022¥59k/m²––

Prices near train stations in Inagawa Town, Kawabe County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Nissei Chuo (日生中央)¥14.0M¥193k/m²¥13.0M14868,857-17% vs 2019

How much does a house cost in Inagawa Town, Kawabe County?

The median house sale, including the land, was ¥13.0M in 2025 across 26 sales.

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.