Oarai coast, Ibaraki
Photo: Oarai coast, Ibaraki · Hong Ki Tang / Unsplash

Hitachi City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 250

In short

  1. 1
    The trend has turned down

    After rising earlier, house prices per m² have slipped by about 11.8% a year over the last five years.

  2. 2
    Lagging Ibaraki

    Per m², houses here are 36% below the Ibaraki average.

  3. 3
    Sales are thinning out

    Transactions are down about 15% on the previous three years.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥3.0M and ¥22.0M.

The answers, compared

What does a home cost?

¥11.0M

median house · ¥67k/m²

35% below the Ibaraki median

15 of 27 areas in Ibaraki, highest first

Are prices rising?

-12.5%

over 5 years

Slower than Ibaraki (+9.4%)

23 of 35 areas in Ibaraki, highest first

Can local earners afford it?

3.0× income

median price ÷ average taxable income

Easier than Ibaraki (5.0×)

19 of 32 areas in Ibaraki, highest first

Rent or buy?

20years of rent

median price ÷ a year of median rent

Shorter than Ibaraki (30)

15 of 31 areas in Ibaraki, highest first

Are people moving in?

-9.0%

population, 2020–25

Shrinking faster than Ibaraki (-2.6%)

32 of 36 areas in Ibaraki, highest first

How risky is it?

47%

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

Lower than Ibaraki (56%)

26 of 36 areas in Ibaraki, highest first

Rent in Hitachi City

The average private rental costs ¥49k a month (2023), -0.5% since 2018. Ibaraki: ¥53k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥37k
vs 2018 -8.4% · Ibaraki: ¥39k
30–49 m²
1LDK / 2DK
¥50k
vs 2018 +8.4% · Ibaraki: ¥51k
50–69 m²
2LDK / 3DK
¥56k
vs 2018 +3.4% · Ibaraki: ¥61k
70–99 m²
3LDK / family
¥54k
vs 2018 -11.3% · Ibaraki: ¥72k
100–149 m²
mostly houses
¥50k
vs 2018 -22.0% · Ibaraki: ¥62k
Rent per m²
¥1,237
median, per month · Ibaraki: ¥1,271

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. 16,770 rented homes.

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 11.8% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Ibaraki

Per m², houses here are 36% below the Ibaraki average. Ten years ago the gap was 3%, so Hitachi City has been falling behind the rest of Ibaraki.

Sales are thinning out

Transactions are down about 15% 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 ¥3.0M and ¥22.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 9% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 7.1 per 1,000 residents), which weakens long-term housing demand.

Typical vacancy

16.7% of homes were empty in 2023 (14.1% 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.

Moderate earthquake risk

The government's seismic model gives a 47% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.7m in 2023 (¥3.6m for the wider area). That is +14% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are still falling

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 -2% over five years. They are still 55% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

Living in Hitachi City: people, homes and risks

Population 2025
158,763
-9.0% since 2020
Ibaraki: -2.6%
Net moves in 2025
-1,121
-7.06 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
16.7%
5.7% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥45k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
47.1%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Average income per taxpayer
¥3.7M
taxable income in 2023
Ibaraki: ¥3.6M
Daytime population
106
people here by day per 100 residents (2020 census)
Foreign residents
1.1%
1,736 registered residents in 2024
Ibaraki: 3.5%
Clinics
7.1
per 10,000 residents; 14 hospitals, 77 dental clinics (2020)
Ibaraki: 6.4
Official land price 2026
¥35k/m²
-0.3% in a year · -1.7% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
4.8%
of 42 benchmark sites in a worst-case flood zone (2.4% 3 m or deeper)
Ibaraki: 26.5%
Landslide exposure
2.4%
of 42 benchmark sites in a landslide warning area
Ibaraki: 0.3%

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 Hitachi 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-priced2025 Q3

¥1.9M

¥6k/m²

  • Miyatacho
  • Hitachi · 20 min walk
  • Land 340 m² · floor 330 m²
  • Built 1982 (43 yrs) · Steel
Typical2026 Q1

¥10.0M

¥91k/m²

  • Suwacho
  • Hitachi Taga
  • Land 250 m² · floor 110 m²
  • Built 1982 (44 yrs) · Wood
Higher-priced2025 Q4

¥23.0M

¥70k/m²

  • Higashionumacho
  • Omika · 21 min walk
  • Land 600 m² · floor 330 m²
  • Built 1995 (30 yrs) · RC
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥24.0M
2008¥20.0M
2009¥14.0M
2010¥15.0M
2011¥14.5M
2012¥18.0M
2013¥22.5M
2014¥20.0M
2015¥19.5M
2016¥17.0M
2017¥18.0M
2018¥16.0M
2019¥12.0M
2020¥20.0M
2021¥15.0M
2022¥12.0M
2023¥9.5M
2024¥10.0M
2025¥11.0M
2026 (partial)¥9.8M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥160k/m²¥38k/m²
2008¥129k/m²¥37k/m²
2009¥96k/m²¥33k/m²
2010¥119k/m²¥33k/m²
2011¥102k/m²¥31k/m²
2012¥120k/m²¥34k/m²
2013¥146k/m²¥27k/m²
2014¥115k/m²¥29k/m²
2015¥114k/m²¥27k/m²
2016¥123k/m²¥30k/m²
2017¥142k/m²¥29k/m²
2018¥122k/m²¥25k/m²
2019¥92k/m²¥29k/m²
2020¥159k/m²¥28k/m²
2021¥110k/m²¥25k/m²
2022¥106k/m²¥26k/m²
2023¥61k/m²¥23k/m²
2024¥67k/m²¥23k/m²
2025¥67k/m²¥25k/m²
2026 (partial)¥55k/m²¥26k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 36 years — House prices per m² drop about 80% from new by age 36, 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¥300k05101520253035404550
Show data table
Building age (years)House
0¥264k/m²
1¥245k/m²
24¥78k/m²
27¥96k/m²
28¥74k/m²
29¥65k/m²
30¥70k/m²
32¥73k/m²
33¥51k/m²
34¥72k/m²
35¥48k/m²
36¥53k/m²
40¥59k/m²
41¥43k/m²
42¥33k/m²
43¥42k/m²
44¥68k/m²
45¥34k/m²
46¥50k/m²
47¥39k/m²
49¥35k/m²
50¥31k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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
2007––¥264k/m²–
2008–¥100k/m²¥232k/m²–
2009–¥77k/m²¥239k/m²–
2010–¥100k/m²¥228k/m²–
2011–¥89k/m²––
2012–¥92k/m²–¥232k/m²
2013–¥116k/m²–¥238k/m²
2014–¥86k/m²–¥270k/m²
2015¥53k/m²¥87k/m²–¥261k/m²
2016¥42k/m²¥96k/m²–¥235k/m²
2017–¥66k/m²–¥252k/m²
2018–¥70k/m²–¥210k/m²
2019–¥77k/m²–¥230k/m²
2020–¥82k/m²–¥214k/m²
2021¥40k/m²¥78k/m²––
2022¥37k/m²¥59k/m²––
2023¥31k/m²¥59k/m²––
2024¥34k/m²¥54k/m²––
2025¥34k/m²¥61k/m²––

Prices near train stations in Hitachi 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)
Hitachi (日立)¥14.0M¥240k/m²¥9.0M1611217,484-22% vs 2019
Hitachi Taga (常陸多賀)––¥10.0M1910411,238-18% vs 2019
Omika (大甕)––¥11.0M2010016,636-13% vs 2019
Juo (十王)––¥13.0M19455,182-13% vs 2019
Ogitsu (小木津)––¥7.5M16454,000-23% vs 2019

How much does a house cost in Hitachi City?

The median house sale, including the land, was ¥11.0M in 2025 across 130 sales.

Are property prices in Hitachi City going up?

Over the five years to 2025, residential land prices changed -12.5%.

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.