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

Ushiku City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 196

In short

  1. 1
    Price growth is speeding up

    House values per m² have risen about 0.8% a year over the past five years, faster than the 2.3% a year of the five years before.

  2. 2
    Outperforming Ibaraki

    Per m², houses here are 27% above the Ibaraki average.

  3. 3
    Being near a station is worth a lot

    Houses within a 5-minute walk of a station sell for about 19% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    72% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥18.5M

median used condo · ¥274k/m²

8% above the Ibaraki median

2 of 5 areas in Ibaraki, highest first

Are prices rising?

+21.9%

over 5 years

Faster than Ibaraki (+9.4%)

13 of 35 areas in Ibaraki, highest first

Can local earners afford it?

4.8× income

median price ÷ average taxable income

In line with Ibaraki (5.0×)

8 of 32 areas in Ibaraki, highest first

Rent or buy?

29years of rent

median price ÷ a year of median rent

Shorter than Ibaraki (30)

8 of 31 areas in Ibaraki, highest first

Are people moving in?

-2.5%

population, 2020–25

Shrinking slower than Ibaraki (-2.6%)

13 of 36 areas in Ibaraki, highest first

How risky is it?

53%

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

Lower than Ibaraki (56%)

21 of 36 areas in Ibaraki, highest first

Rent in Ushiku City

The average private rental costs ¥58k a month (2023), +4.0% since 2018. Ibaraki: ¥53k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥44k
vs 2018 -0.3% · Ibaraki: ¥39k
30–49 m²
1LDK / 2DK
¥51k
vs 2018 -1.2% · Ibaraki: ¥51k
50–69 m²
2LDK / 3DK
¥70k
vs 2018 +12.8% · Ibaraki: ¥61k
70–99 m²
3LDK / family
¥69k
vs 2018 +6.5% · Ibaraki: ¥72k
Rent per m²
¥1,261
median, per month · Ibaraki: ¥1,271
The median used condo (¥18.5M, 70 m²) costs about 22 years of average rent for a similar-sized home (¥69k 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. 6,750 rented homes.

What the data says

Price growth is speeding up

House values per m² have risen about 0.8% a year over the past five years, faster than the 2.3% 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.

Outperforming Ibaraki

Per m², houses here are 27% above the Ibaraki average. The premium has grown from 20% ten years ago, so Ushiku City has been outperforming its surroundings.

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 19% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

A family market

72% 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 12% 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 ¥8.3M and ¥28.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.5% between 2020 and 2025 (−2.6% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.5% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

9.8% of homes were empty in 2023 (14.1% for the wider area), and 4.5% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

High earthquake risk

The government's seismic model gives a 53% 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 close to average

Taxpayers here reported an average taxable income of ¥3.8m 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +2% in the year to January 2026 and +4% over five years. They are still 73% 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 Ushiku City: people, homes and risks

Population 2025
82,524
-2.5% since 2020
Ibaraki: -2.6%
Net moves in 2025
-142
-1.72 per 1,000 residents
Ibaraki: -2.14
Vacant homes (2023)
9.8%
4.5% empty and not for rent or sale
Ibaraki: 14.1%
Median rent (2023)
¥54k
per month, all rented homes
Ibaraki: ¥50k
Strong earthquake risk
52.9%
chance of shaking of intensity 6-lower or more within 30 years
Ibaraki: 56.2%
Average income per taxpayer
¥3.8M
taxable income in 2023
Ibaraki: ¥3.6M
Daytime population
87
people here by day per 100 residents (2020 census)
Foreign residents
2.3%
1,939 registered residents in 2024
Ibaraki: 3.5%
Clinics
7.3
per 10,000 residents; 2 hospitals, 45 dental clinics (2020)
Ibaraki: 6.4
Official land price 2026
¥40k/m²
+1.7% in a year · +3.5% in 5 years
Ibaraki: ¥27k/m²
Flood exposure
0.0%
of 20 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Ibaraki: 26.5%
Landslide exposure
0.0%
of 20 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 Ushiku 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-priced2026 Q1

¥17.0M

¥213k/m²

  • Hitachinohigashi
  • Hitachinoushiku · 3 min walk
  • 4LDK · 80 m²
  • Built 2008 (18 yrs) · RC
Typical2026 Q1

¥21.0M

¥350k/m²

  • Hitachinohigashi
  • Hitachinoushiku · 8 min walk
  • 2LDK · 60 m²
  • Built 2007 (19 yrs) · RC
Higher-priced2025 Q3

¥24.0M

¥343k/m²

  • Hitachinohigashi
  • Hitachinoushiku · 4 min walk
  • 3LDK · 70 m²
  • Built 2007 (18 yrs) · RC

House

Lower-priced2025 Q3

¥5.0M

¥37k/m²

  • Kamiya
  • Ushiku · 23 min walk
  • Land 180 m² · floor 135 m²
  • Built 1998 (27 yrs) · Wood
Typical2025 Q4

¥15.0M

¥158k/m²

  • Ushikucho
  • Ushiku · 6 min walk
  • Land 105 m² · floor 95 m²
  • Built 1997 (28 yrs) · Wood
Higher-priced2026 Q1

¥29.0M

¥341k/m²

  • Osakacho
  • Ushiku
  • Land 420 m² · floor 85 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥22.5M¥14.0M
2008–¥15.0M
2009¥16.0M¥15.0M
2010–¥23.0M
2011–¥22.5M
2012¥15.0M¥24.0M
2013¥14.0M¥17.0M
2014–¥17.0M
2015¥16.0M¥18.0M
2016–¥19.0M
2017¥15.5M¥15.0M
2018¥16.0M¥16.0M
2019¥18.0M¥17.0M
2020–¥14.0M
2021¥18.0M¥13.5M
2022¥18.5M¥14.0M
2023–¥17.0M
2024–¥17.0M
2025¥18.5M¥17.0M
2026 (partial)–¥21.0M
Median price per m² by year
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥350k/m²¥119k/m²¥43k/m²
2008–¥144k/m²¥49k/m²
2009¥227k/m²¥130k/m²¥36k/m²
2010–¥190k/m²¥36k/m²
2011–¥164k/m²¥38k/m²
2012¥214k/m²¥200k/m²¥28k/m²
2013¥200k/m²¥148k/m²¥38k/m²
2014–¥142k/m²¥21k/m²
2015¥222k/m²¥143k/m²¥34k/m²
2016–¥162k/m²¥35k/m²
2017¥207k/m²¥121k/m²¥30k/m²
2018¥253k/m²¥130k/m²¥28k/m²
2019¥255k/m²¥127k/m²¥32k/m²
2020–¥126k/m²¥32k/m²
2021¥232k/m²¥99k/m²¥32k/m²
2022¥263k/m²¥110k/m²¥18k/m²
2023–¥111k/m²¥22k/m²
2024–¥134k/m²¥41k/m²
2025¥274k/m²¥130k/m²¥39k/m²
2026 (partial)–¥132k/m²–
Price per m² by building age (2021–2025 sales)Houses bottom out at around 28 years — House prices per m² drop about 65% from new by age 28, 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¥300k051015202530354045
Show data table
Building age (years)House
0¥260k/m²
1¥270k/m²
24¥95k/m²
27¥92k/m²
28¥108k/m²
30¥94k/m²
31¥104k/m²
32¥73k/m²
33¥81k/m²
34¥78k/m²
35¥84k/m²
36¥88k/m²
38¥63k/m²
41¥60k/m²
42¥59k/m²
43¥65k/m²
44¥66k/m²
45¥53k/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–¥96k/m²––
2008–¥100k/m²¥288k/m²–
2009–¥83k/m²¥282k/m²–
2010–¥80k/m²¥281k/m²–
2011–¥99k/m²–¥270k/m²
2012–¥94k/m²–¥275k/m²
2013–¥84k/m²–¥258k/m²
2014–¥87k/m²–¥270k/m²
2015¥52k/m²¥79k/m²–¥270k/m²
2016–¥96k/m²–¥270k/m²
2017–¥86k/m²–¥245k/m²
2018–¥81k/m²–¥235k/m²
2019–¥88k/m²–¥229k/m²
2020–¥77k/m²–¥229k/m²
2021¥64k/m²¥83k/m²––
2022–¥83k/m²––
2023–¥89k/m²––
2024–¥90k/m²––
2025–¥77k/m²––

Prices near train stations in Ushiku 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)
Ushiku (牛久)¥15.0M¥200k/m²¥15.0M1826321,552-16% vs 2019
Hitachinoushiku (ひたち野うしく)¥22.0M¥333k/m²¥39.0M88112,602-10% vs 2019

Used condo prices by layout in Ushiku City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥20.5M70 m²34
2LDK¥21.5M65 m²10

How much does an apartment cost in Ushiku City?

The median used condo (mansion) in Ushiku City sold for ¥18.5M in 2025, about ¥274k/m², based on 20 recorded sales.

How much does a house cost in Ushiku City?

The median house sale, including the land, was ¥17.0M in 2025 across 94 sales.

Are property prices in Ushiku City going up?

Over the five years to 2025, residential land prices changed +21.9%.

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.