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

Ibaraki Town, Higashiibaraki County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 61

In short

  1. 1
    What a typical purchase costs

    Half of all house sales last year were between ¥1.5M and ¥31.0M.

  2. 2
    A shrinking population

    The population fell 6.3% between 2020 and 2025 (−2.6% for the wider area).

  3. 3
    Many abandoned homes

    10.6% of homes were empty in 2023 (14.1% for the wider area), and 9% were empty without being for rent, for sale or used as second homes.

  4. 4
    High earthquake risk

    The government's seismic model gives a 75% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area).

The answers, compared

What does a home cost?

¥5.0M

median house · ¥40k/m²

61% below the Ibaraki median

25 of 27 areas in Ibaraki, highest first

Are prices rising?

+33.3%

over 5 years

Faster than Ibaraki (+9.4%)

9 of 35 areas in Ibaraki, highest first

Can local earners afford it?

1.6× income

median price ÷ average taxable income

Easier than Ibaraki (5.0×)

30 of 32 areas in Ibaraki, highest first

Rent or buy?

9years of rent

median price ÷ a year of median rent

Shorter than Ibaraki (30)

29 of 31 areas in Ibaraki, highest first

Are people moving in?

-6.3%

population, 2020–25

Shrinking faster than Ibaraki (-2.6%)

26 of 36 areas in Ibaraki, highest first

How risky is it?

75%

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

Higher than Ibaraki (56%)

6 of 36 areas in Ibaraki, highest first

What the data says

What a typical purchase costs

Half of all house sales last year were between ¥1.5M and ¥31.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 6.3% between 2020 and 2025 (−2.6% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 0% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Many abandoned homes

10.6% of homes were empty in 2023 (14.1% for the wider area), and 9% 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 75% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% 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 ¥3.1m in 2023 (¥3.6m for the wider area). That is +16% 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 -1% in the year to January 2026 and -4% 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, 20% are inside the worst-case flood zone (10% with expected depths of 3 m or more). 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 Ibaraki Town, Higashiibaraki County: people, homes and risks

Population 2025
29,438
-6.3% since 2020
Ibaraki: -2.6%
Net moves in 2025
-4
-0.14 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
10.6%
9.0% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥45k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
74.9%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Average income per taxpayer
¥3.1M
taxable income in 2023
Ibaraki: ¥3.6M
Daytime population
94
people here by day per 100 residents (2020 census)
Foreign residents
2.8%
865 registered residents in 2024
Ibaraki: 3.5%
Clinics
7.1
per 10,000 residents; 2 hospitals, 13 dental clinics (2020)
Ibaraki: 6.4
Official land price 2026
¥16k/m²
-0.7% in a year · -3.7% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
20.0%
of 10 benchmark sites in a worst-case flood zone (10.0% 3 m or deeper)
Ibaraki: 26.5%
Landslide exposure
0.0%
of 10 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 Ibaraki Town, Higashiibaraki 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 Q3

¥1.5M

¥10k/m²

  • Oaza Nagaoka
  • Mito(Ibaraki)
  • Land 340 m² · floor 145 m²
  • Built 1990 (35 yrs) · Wood
Typical2025 Q4

¥5.0M

¥71k/m²

  • Oaza Nagaoka
  • Mito(Ibaraki)
  • Land 180 m² · floor 70 m²
  • Built 1978 (47 yrs) · Wood
Higher-priced2025 Q4

¥16.0M

¥356k/m²

  • Sakuranosato
  • Akatsuka(Ibaraki)
  • Land 220 m² · floor 45 m²
  • Built 2020 (5 yrs) · Light steel
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2009–
2010–
2011–
2012–
2013–
2014–
2015¥6.5M
2016¥15.0M
2017–
2018¥13.0M
2019¥19.5M
2020–
2021–
2022¥10.0M
2023¥7.0M
2024¥15.0M
2025¥5.0M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥9k/m²
2009–¥12k/m²
2010–¥3k/m²
2011–¥5k/m²
2012–¥6k/m²
2013–¥7k/m²
2014–¥3k/m²
2015¥56k/m²¥2k/m²
2016¥130k/m²¥3k/m²
2017–¥3k/m²
2018¥109k/m²¥6k/m²
2019¥117k/m²¥5k/m²
2020–¥2k/m²
2021–¥3k/m²
2022¥79k/m²¥6k/m²
2023¥111k/m²¥5k/m²
2024¥90k/m²¥2k/m²
2025¥40k/m²¥3k/m²

Prices near train stations in Ibaraki Town, Higashiibaraki 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)
Mito(Ibaraki) (水戸)––¥9.0M–3857,429-10% vs 2019
Akatsuka(Ibaraki) (赤塚)––¥32.0M–2011,530-8% vs 2019

How much does a house cost in Ibaraki Town, Higashiibaraki County?

The median house sale, including the land, was ¥5.0M in 2025 across 21 sales.

Are property prices in Ibaraki Town, Higashiibaraki County 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.