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

Sanda City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 186

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 4.4% a year over the past five years, faster than the 1.1% a year of the five years before.

  2. 2
    Lagging Hyogo

    Per m², condos here are 49% below the Hyogo average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 33% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    83% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥14.5M

median used condo · ¥177k/m²

56% below the Hyogo median

17 of 19 areas in Hyogo, highest first

Are prices rising?

+11.3%

over 5 years

Slower than Hyogo (+30.0%)

23 of 38 areas in Hyogo, highest first

Can local earners afford it?

3.7× income

median price ÷ average taxable income

Easier than Hyogo (5.5×)

19 of 41 areas in Hyogo, highest first

Rent or buy?

20years of rent

median price ÷ a year of median rent

Shorter than Hyogo (32)

22 of 40 areas in Hyogo, highest first

Are people moving in?

-3.8%

population, 2020–25

Shrinking faster than Hyogo (-2.6%)

19 of 41 areas in Hyogo, highest first

How risky is it?

6%

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

Lower than Hyogo (33%)

34 of 41 areas in Hyogo, highest first

Rent in Sanda City

The average private rental costs ¥65k a month (2023), +8.5% since 2018. Hyogo: ¥65k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥53k
vs 2018 +6.9% · Hyogo: ¥50k
30–49 m²
1LDK / 2DK
¥63k
vs 2018 +18.4% · Hyogo: ¥62k
50–69 m²
2LDK / 3DK
¥74k
vs 2018 +6.3% · Hyogo: ¥75k
70–99 m²
3LDK / family
¥84k
vs 2018 +17.0% · Hyogo: ¥89k
Rent per m²
¥1,679
median, per month · Hyogo: ¥1,586
The median used condo (¥14.5M, 80 m²) costs about 14 years of average rent for a similar-sized home (¥84k 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. 5,690 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 4.4% a year over the past five years, faster than the 1.1% 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 Hyogo

Per m², condos here are 49% below the Hyogo average. Ten years ago the gap was 42%, so Sanda City has been falling behind the rest of Hyogo.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 33% 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

83% 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 11% 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 ¥10.0M and ¥19.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 3.8% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 4.1 per 1,000 residents), which weakens long-term housing demand. Households still grew 3.3% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

9.3% of homes were empty in 2023 (13.8% for the wider area), and 5.7% 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 20.1 years of the area's median rent (¥60k a month), compared with 32.3 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

Lower earthquake risk

The government's seismic model gives a 6% 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.

A typical condo costs 3.7 years of local income

Taxpayers here reported an average taxable income of ¥3.9m in 2023 (¥4.0m for the wider area). That is +9% since 2014. The median resale condo sold for about 3.7 times that, against 5.5 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 +0% over five years. They are still 72% 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, 33% are inside the worst-case flood zone, 6% 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 Sanda City: people, homes and risks

Population 2025
105,124
-3.8% since 2020
Hyogo: -2.6%
Net moves in 2025
-433
-4.12 per 1,000 residents
Hyogo: -0.39
Vacant homes (2023)
9.3%
5.7% empty and not for rent or sale
Hyogo: 13.8%
Median rent (2023)
¥60k
per month, all rented homes
Hyogo: ¥57k
Strong earthquake risk
5.6%
chance of shaking of intensity 6-lower or more within 30 years
Hyogo: 33.0%
Average income per taxpayer
¥3.9M
taxable income in 2023
Hyogo: ¥4.0M
Daytime population
96
people here by day per 100 residents (2020 census)
Foreign residents
1.4%
1,489 registered residents in 2024
Hyogo: 2.6%
Clinics
7.6
per 10,000 residents; 10 hospitals, 51 dental clinics (2020)
Hyogo: 10.1
Official land price 2026
¥64k/m²
+1.0% in a year · +0.3% in 5 years
Hyogo: ¥102k/m²
Flood exposure
33.3%
of 18 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Hyogo: 46.1%
Landslide exposure
5.6%
of 18 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 Sanda 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 Q4

¥10.0M

¥154k/m²

  • Ohara
  • Shin Sanda · 15 min walk
  • 3LDK · 65 m²
  • Built 1993 (32 yrs) · SRC
Typical2026 Q1

¥15.0M

¥250k/m²

  • Hasamagaoka
  • Flower Town · 3 min walk
  • 2LDK · 60 m²
  • Built 1990 (36 yrs) · SRC
Higher-priced2025 Q4

¥21.0M

¥233k/m²

  • Akashiadai
  • Minami Woody Town · 5 min walk
  • 4LDK · 90 m²
  • Built 1994 (31 yrs) · RC

House

Lower-priced2026 Q2

¥8.6M

¥75k/m²

  • Tsutsujigaokaminami
  • Aino(Hyogo)
  • Land 200 m² · floor 115 m²
  • Built 1990 (36 yrs) · Wood
Typical2026 Q1

¥20.0M

¥182k/m²

  • Takasugi
  • Sanda(Hyogo) · 5 min walk
  • Land 115 m² · floor 110 m²
  • Built 1976 (50 yrs) · Wood
Higher-priced2025 Q3

¥35.0M

¥121k/m²

  • Aioicho
  • Sanda Hommachi · 6 min walk
  • Land 210 m² · floor 290 m²
  • Built 1989 (36 yrs) · Steel
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 30% below 2025, but it covers only part of the year and 27 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥13.0M¥36.0M
2008¥11.0M¥27.0M
2009¥10.0M¥32.0M
2010¥9.8M¥33.0M
2011¥11.0M¥29.0M
2012¥11.5M¥32.0M
2013¥13.0M¥36.0M
2014¥13.0M¥32.0M
2015¥13.0M¥29.5M
2016¥12.0M¥33.0M
2017¥14.0M¥28.0M
2018¥12.0M¥26.0M
2019¥13.0M¥20.5M
2020¥13.0M¥22.0M
2021¥13.0M¥19.5M
2022¥14.0M¥24.0M
2023¥16.5M¥21.0M
2024¥17.0M¥29.0M
2025¥14.5M¥23.0M
2026 (partial)–¥16.0M
Median price per m² by yearHouses and condos cost about the same per m² — A m² of house floor costs roughly the same as a m² of condo, even though the house includes its land. That usually means land here is expensive, so a house is not a cheap way to get more space.
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥157k/m²¥274k/m²¥49k/m²
2008¥144k/m²¥215k/m²¥64k/m²
2009¥133k/m²¥241k/m²¥65k/m²
2010¥125k/m²¥245k/m²¥78k/m²
2011¥138k/m²¥227k/m²¥69k/m²
2012¥147k/m²¥226k/m²¥80k/m²
2013¥156k/m²¥277k/m²¥70k/m²
2014¥153k/m²¥240k/m²¥65k/m²
2015¥153k/m²¥207k/m²¥59k/m²
2016¥155k/m²¥278k/m²¥52k/m²
2017¥167k/m²¥200k/m²¥32k/m²
2018¥156k/m²¥219k/m²¥35k/m²
2019¥165k/m²¥146k/m²¥56k/m²
2020¥159k/m²¥149k/m²¥61k/m²
2021¥166k/m²¥148k/m²¥48k/m²
2022¥179k/m²¥167k/m²¥82k/m²
2023¥220k/m²¥148k/m²¥56k/m²
2024¥224k/m²¥216k/m²¥46k/m²
2025¥177k/m²¥171k/m²¥66k/m²
2026 (partial)–¥141k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥440k/m²
22–¥190k/m²
25¥225k/m²–
26¥205k/m²¥208k/m²
27¥200k/m²¥100k/m²
28¥178k/m²¥147k/m²
29¥160k/m²¥88k/m²
30¥165k/m²¥140k/m²
31¥162k/m²¥170k/m²
32¥160k/m²¥114k/m²
33¥183k/m²¥152k/m²
34¥200k/m²¥145k/m²
35¥150k/m²¥145k/m²
36–¥127k/m²
50–¥70k/m²
House 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
Year1981-20002001-20102011-2020
2007¥173k/m²¥331k/m²–
2008¥143k/m²¥328k/m²–
2009¥129k/m²¥341k/m²–
2010¥147k/m²¥327k/m²–
2011¥153k/m²–¥342k/m²
2012¥145k/m²–¥347k/m²
2013¥148k/m²–¥352k/m²
2014¥145k/m²–¥342k/m²
2015¥146k/m²–¥339k/m²
2016¥142k/m²–¥349k/m²
2017¥123k/m²–¥344k/m²
2018¥121k/m²–¥362k/m²
2019¥110k/m²–¥324k/m²
2020¥128k/m²–¥375k/m²
2021¥143k/m²––
2022¥139k/m²––
2023¥130k/m²––
2024¥139k/m²––
2025¥121k/m²––

Prices near train stations in Sanda 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)
Flower Town (フラワータウン)¥14.0M¥168k/m²¥24.5M81013,632-17% vs 2019
Sanda(Hyogo) (三田(兵庫))¥20.0M¥317k/m²¥16.0M98539,747-16% vs 2019
Minami Woody Town (南ウッディタウン)¥18.0M¥225k/m²¥37.0M10691,701-9% vs 2019
Woody Town Chuo (ウッディタウン中央)¥15.5M¥196k/m²¥37.0M9632,242-13% vs 2019
Aino(Hyogo) (相野)––¥7.8M24354,452-25% vs 2019
Hirono(Hyogo) (広野(兵庫))––¥7.6M11271,952-18% vs 2019
Shin Sanda (新三田)––¥7.6M141721,564-23% vs 2019
Sanda Hommachi (三田本町)––¥35.0M315794+3% vs 2019

Used condo prices by layout in Sanda City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥16.0M75 m²87
4LDK¥16.0M85 m²41
2LDK¥15.0M60 m²23

How much does an apartment cost in Sanda City?

The median used condo (mansion) in Sanda City sold for ¥14.5M in 2025, about ¥177k/m², based on 60 recorded sales.

How much does a house cost in Sanda City?

The median house sale, including the land, was ¥23.0M in 2025 across 90 sales.

Are property prices in Sanda City going up?

Over the five years to 2025, condo prices per m² changed +11.3% and residential land prices changed +7.4%.

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.