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

Toride City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 216

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 6.6% a year over the past five years, faster than the 2% a year of the five years before.

  2. 2
    Moving with Ibaraki

    Per m², condos here are 57% below the Ibaraki average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 325% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    68% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥6.5M

median used condo · ¥108k/m²

58% below the Ibaraki median

5 of 5 areas in Ibaraki, highest first

Are prices rising?

+36.0%

over 5 years

Faster than Ibaraki (+9.4%)

8 of 35 areas in Ibaraki, highest first

Can local earners afford it?

1.8× income

median price ÷ average taxable income

Easier than Ibaraki (5.0×)

26 of 32 areas in Ibaraki, highest first

Rent or buy?

10years of rent

median price ÷ a year of median rent

Shorter than Ibaraki (30)

28 of 31 areas in Ibaraki, highest first

Are people moving in?

-1.0%

population, 2020–25

Shrinking slower than Ibaraki (-2.6%)

7 of 36 areas in Ibaraki, highest first

How risky is it?

46%

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

Lower than Ibaraki (56%)

28 of 36 areas in Ibaraki, highest first

Rent in Toride City

The average private rental costs ¥52k a month (2023), +2.1% since 2018. Ibaraki: ¥53k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥41k
vs 2018 -3.2% · Ibaraki: ¥39k
30–49 m²
1LDK / 2DK
¥52k
vs 2018 +3.0% · Ibaraki: ¥51k
50–69 m²
2LDK / 3DK
¥58k
vs 2018 +3.9% · Ibaraki: ¥61k
70–99 m²
3LDK / family
¥66k
vs 2018 +16.5% · Ibaraki: ¥72k
Rent per m²
¥1,244
median, per month · Ibaraki: ¥1,271
The median used condo (¥6.5M, 60 m²) costs about 9 years of average rent for a similar-sized home (¥58k 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. 8,380 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 6.6% a year over the past five years, faster than the 2% 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.

Moving with Ibaraki

Per m², condos here are 57% below the Ibaraki average. That position has barely changed in ten years, so it moves with the wider market.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 325% 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

68% 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.

What a typical purchase costs

Half of all condo sales last year were between ¥3.5M and ¥12.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1% between 2020 and 2025 (−2.6% for the wider area). More people moved out than in during 2025 (about 4.3 per 1,000 residents), which weakens long-term housing demand. Households still grew 4.7% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

13% of homes were empty in 2023 (14.1% for the wider area), and 6.9% 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 10.4 years of the area's median rent (¥52k a month), compared with 30.3 years for the wider area. Prices are low relative to rents, which points to higher rental yields, but often also to weaker growth prospects. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 46% 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.

A typical condo costs 1.8 years of local income

Taxpayers here reported an average taxable income of ¥3.5m in 2023 (¥3.6m for the wider area). That is +14% since 2014. The median resale condo sold for about 1.8 times that, against 5.0 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 74% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 65% are inside the worst-case flood zone (55% 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 Toride City: people, homes and risks

Population 2025
103,461
-1.0% since 2020
Ibaraki: -2.6%
Net moves in 2025
-445
-4.3 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
13.0%
6.9% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥52k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
46.0%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Average income per taxpayer
¥3.5M
taxable income in 2023
Ibaraki: ¥3.6M
Daytime population
90
people here by day per 100 residents (2020 census)
Foreign residents
2.8%
2,934 registered residents in 2024
Ibaraki: 3.5%
Clinics
5.3
per 10,000 residents; 8 hospitals, 57 dental clinics (2020)
Ibaraki: 6.4
Official land price 2026
¥47k/m²
+0.9% in a year · 0.0% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
64.5%
of 31 benchmark sites in a worst-case flood zone (54.8% 3 m or deeper)
Ibaraki: 26.5%
Landslide exposure
0.0%
of 31 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 Toride 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

¥3.5M

¥64k/m²

  • Togashira
  • Togashira · 11 min walk
  • 2LDK · 55 m²
  • Built 1976 (49 yrs) · RC
Typical2025 Q4

¥6.5M

¥118k/m²

  • Aoyanagi
  • Toride · 20 min walk
  • 2DK+S · 55 m²
  • Built 1989 (36 yrs) · RC
Higher-priced2026 Q1

¥16.0M

¥229k/m²

  • Inodai
  • Toride · 14 min walk
  • 3LDK · 70 m²
  • Built 1994 (32 yrs) · RC

House

Lower-priced2026 Q1

¥3.2M

¥46k/m²

  • Kuwabara
  • Toride · 26 min walk
  • Land 135 m² · floor 70 m²
  • Built 1976 (50 yrs) · Steel
Typical2026 Q1

¥17.0M

¥142k/m²

  • Shintoride
  • Shintoride · 6 min walk
  • Land 190 m² · floor 120 m²
  • Built 2026 (0 yrs) · Steel
Higher-priced2026 Q2

¥34.0M

¥340k/m²

  • Hakusan
  • Nishitoride · 1 min walk
  • Land 180 m² · floor 100 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥8.2M¥16.0M
2008¥6.0M¥16.5M
2009¥7.5M¥14.0M
2010¥6.8M¥14.0M
2011¥4.7M¥15.0M
2012¥4.5M¥13.0M
2013¥4.7M¥12.0M
2014¥5.3M¥15.0M
2015¥4.9M¥17.0M
2016¥5.0M¥16.0M
2017¥4.5M¥15.0M
2018¥6.7M¥18.0M
2019¥5.5M¥13.0M
2020¥4.8M¥18.5M
2021¥5.5M¥20.0M
2022¥8.0M¥20.5M
2023¥8.5M¥17.0M
2024¥7.3M¥13.5M
2025¥6.5M¥20.0M
2026 (partial)–¥16.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 23% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has widened over the decade as condo prices pulled ahead.
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥131k/m²¥144k/m²¥41k/m²
2008¥104k/m²¥131k/m²¥42k/m²
2009¥113k/m²¥124k/m²¥40k/m²
2010¥112k/m²¥107k/m²¥33k/m²
2011¥79k/m²¥154k/m²¥30k/m²
2012¥101k/m²¥95k/m²¥35k/m²
2013¥71k/m²¥110k/m²¥29k/m²
2014¥104k/m²¥117k/m²¥32k/m²
2015¥85k/m²¥133k/m²¥31k/m²
2016¥95k/m²¥133k/m²¥30k/m²
2017¥83k/m²¥130k/m²¥32k/m²
2018¥108k/m²¥152k/m²¥26k/m²
2019¥92k/m²¥130k/m²¥26k/m²
2020¥79k/m²¥157k/m²¥29k/m²
2021¥94k/m²¥170k/m²¥26k/m²
2022¥115k/m²¥179k/m²¥35k/m²
2023¥136k/m²¥150k/m²¥32k/m²
2024¥128k/m²¥109k/m²¥41k/m²
2025¥108k/m²¥179k/m²¥45k/m²
2026 (partial)–¥139k/m²¥59k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥270k/m²
1–¥223k/m²
26¥126k/m²–
27¥192k/m²–
32–¥81k/m²
34–¥80k/m²
36–¥65k/m²
41–¥62k/m²
42–¥52k/m²
43–¥72k/m²
44–¥85k/m²
45¥55k/m²¥49k/m²
46¥65k/m²¥43k/m²
48–¥69k/m²
50–¥57k/m²
Condo price per m² by construction period
¥0¥100k¥200k¥300k200820102012201420162018202020222024

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
Year1971-19801981-20002001-2010
2008–¥111k/m²–
2009–¥102k/m²¥227k/m²
2010¥59k/m²¥123k/m²–
2012–¥113k/m²–
2013–¥78k/m²–
2014–¥112k/m²–
2016–¥100k/m²–
2017–¥89k/m²–
2018–¥114k/m²–
2021–¥91k/m²–
2022–¥114k/m²–
2023–¥135k/m²–
2024–¥135k/m²–
House price per m² by construction period
¥0¥100k¥200k¥300k200720092011201320152017201920212023

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¥118k/m²–¥190k/m²–
2008¥106k/m²¥94k/m²¥224k/m²–
2009–¥94k/m²––
2010¥67k/m²¥96k/m²¥216k/m²–
2011–––¥200k/m²
2012¥67k/m²¥76k/m²–¥181k/m²
2013¥72k/m²¥75k/m²–¥155k/m²
2014–¥76k/m²–¥200k/m²
2015¥54k/m²¥85k/m²–¥191k/m²
2016¥50k/m²¥89k/m²–¥200k/m²
2017¥61k/m²¥87k/m²–¥200k/m²
2018–¥83k/m²–¥200k/m²
2019¥42k/m²¥62k/m²–¥217k/m²
2020¥41k/m²¥57k/m²–¥200k/m²
2021¥57k/m²¥83k/m²––
2022¥67k/m²¥100k/m²––
2023¥60k/m²¥73k/m²––
2024¥53k/m²¥71k/m²––

Prices near train stations in Toride 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)
Toride (取手)¥8.6M¥147k/m²¥25.5M1516357,236-14% vs 2019
Fujishiro (藤代)¥6.0M¥100k/m²¥15.0M148910,552-17% vs 2019
Togashira (戸頭)¥3.0M¥52k/m²¥14.0M11474,951+14% vs 2019
Yumemino (ゆめみ野)––¥33.0M10362,142+5% vs 2019
Terahara (寺原)––¥17.0M9351,869-7% vs 2019
Inatoi (稲戸井)––¥15.5M8271,394-4% vs 2019
Shintoride (新取手)––¥20.0M8231,900-3% vs 2019
Ryugasaki Shi (龍ケ崎市)––¥2.8M251720,636-20% vs 2019
Nishitoride (西取手)––¥15.5M8152,409-6% vs 2019

Used condo prices by layout in Toride City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥9.4M65 m²65
2LDK¥4.2M60 m²22
4LDK¥8.8M70 m²11

How much does an apartment cost in Toride City?

The median used condo (mansion) in Toride City sold for ¥6.5M in 2025, about ¥108k/m², based on 41 recorded sales.

How much does a house cost in Toride City?

The median house sale, including the land, was ¥20.0M in 2025 across 89 sales.

Are property prices in Toride City going up?

Over the five years to 2025, condo prices per m² changed +36.0% and residential land prices changed +53.4%.

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.