Tsuzumi-mon Gate, Kanazawa, Ishikawa
Photo: Tsuzumi-mon Gate, Kanazawa, Ishikawa · Jayjayli / Unsplash

Hakusan City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 307

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 1.3% a year, down from 3% a year in the previous five years.

  2. 2
    Outperforming Ishikawa

    Per m², houses here are 16% above the Ishikawa average.

  3. 3
    Station distance barely matters

    Houses 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥8.2M and ¥25.5M.

The answers, compared

What does a home cost?

¥14.0M

median house · ¥119k/m²

9% above the Ishikawa median

4 of 10 areas in Ishikawa, highest first

Are prices rising?

+15.9%

over 5 years

In line with Ishikawa (+16.0%)

5 of 12 areas in Ishikawa, highest first

Can local earners afford it?

4.2× income

median price ÷ average taxable income

Easier than Ishikawa (4.6×)

6 of 11 areas in Ishikawa, highest first

Rent or buy?

24years of rent

median price ÷ a year of median rent

Shorter than Ishikawa (28)

6 of 11 areas in Ishikawa, highest first

Are people moving in?

-1.2%

population, 2020–25

Shrinking slower than Ishikawa (-3.9%)

5 of 16 areas in Ishikawa, highest first

How risky is it?

6%

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

In line with Ishikawa (7%)

11 of 16 areas in Ishikawa, highest first

Rent in Hakusan City

The average private rental costs ¥50k a month (2023), +2.1% since 2018. Ishikawa: ¥50k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥39k
vs 2018 -4.5% · Ishikawa: ¥37k
30–49 m²
1LDK / 2DK
¥48k
vs 2018 -2.3% · Ishikawa: ¥50k
50–69 m²
2LDK / 3DK
¥56k
vs 2018 +11.6% · Ishikawa: ¥58k
Rent per m²
¥1,215
median, per month · Ishikawa: ¥1,253

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. 5,120 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 1.3% a year, down from 3% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Outperforming Ishikawa

Per m², houses here are 16% above the Ishikawa average. The premium has grown from 2% ten years ago, so Hakusan City has been outperforming its surroundings.

Station distance barely matters

Houses 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

What a typical purchase costs

Half of all house sales last year were between ¥8.2M and ¥25.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.2% between 2020 and 2025 (−3.9% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 3.9% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

8.1% of homes were empty in 2023 (15.6% for the wider area), and 5.3% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

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 (7% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.3m in 2023 (¥3.4m 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +3% in the year to January 2026 and +13% 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, 79% are inside the worst-case flood zone, 7% 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 Hakusan City: people, homes and risks

Population 2025
109,063
-1.2% since 2020
Ishikawa: -3.9%
Net moves in 2025
-53
-0.49 per 1,000 residents
Ishikawa: -2.55
Vacant homes (2023)
8.1%
5.3% empty and not for rent or sale
Ishikawa: 15.6%
Median rent (2023)
¥48k
per month, all rented homes
Ishikawa: ¥47k
Strong earthquake risk
5.7%
chance of shaking of intensity 6-lower or more within 30 years
Ishikawa: 6.8%
Average income per taxpayer
¥3.3M
taxable income in 2023
Ishikawa: ¥3.4M
Daytime population
98
people here by day per 100 residents (2020 census)
Foreign residents
1.8%
2,010 registered residents in 2024
Ishikawa: 1.9%
Clinics
6.4
per 10,000 residents; 4 hospitals, 32 dental clinics (2020)
Ishikawa: 8.2
Official land price 2026
¥47k/m²
+2.7% in a year · +12.8% in 5 years
Ishikawa: ¥49k/m²
Flood exposure
78.6%
of 14 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Ishikawa: 58.8%
Landslide exposure
7.1%
of 14 benchmark sites in a landslide warning area
Ishikawa: 2.8%

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 Hakusan 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

¥1.7M

¥113k/m²

  • Asahimachi
  • Matto · 4 min walk
  • 1K · 15 m²
  • Built 1991 (34 yrs) · RC
Typical2025 Q4

¥2.9M

¥145k/m²

  • Ainokimachi
  • Matto · 1 min walk
  • 1K · 20 m²
  • Built 1993 (32 yrs) · RC
Higher-priced2025 Q3

¥5.6M

¥124k/m²

  • Yatsuyashincho
  • Matto · 8 min walk
  • 2LDK · 45 m²
  • Built 1990 (35 yrs) · RC

House

Lower-priced2026 Q1

¥7.3M

¥86k/m²

  • Miyanagaichimachi
  • Matto · 21 min walk
  • Land 155 m² · floor 85 m²
  • Built 1974 (52 yrs) · Wood
Typical2026 Q2

¥16.0M

¥128k/m²

  • Kozumachi
  • Shijima · 28 min walk
  • Land 200 m² · floor 125 m²
  • Built 1998 (28 yrs) · Wood
Higher-priced2025 Q4

¥31.0M

¥344k/m²

  • Chiyononishi
  • Nishi Matto · 20 min walk
  • Land 250 m² · floor 90 m²
  • Built 2019 (6 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥17.0M
2008¥15.0M
2009¥14.0M
2010¥13.0M
2011¥16.0M
2012¥13.0M
2013¥14.0M
2014¥13.5M
2015¥15.0M
2016¥15.0M
2017¥13.0M
2018¥13.0M
2019¥14.0M
2020¥16.5M
2021¥19.0M
2022¥14.0M
2023¥20.0M
2024¥16.0M
2025¥14.0M
2026 (partial)¥18.0M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥144k/m²¥47k/m²
2008¥104k/m²¥51k/m²
2009¥100k/m²¥44k/m²
2010¥92k/m²¥38k/m²
2011¥100k/m²¥37k/m²
2012¥87k/m²¥33k/m²
2013¥95k/m²¥37k/m²
2014¥90k/m²¥32k/m²
2015¥103k/m²¥39k/m²
2016¥103k/m²¥36k/m²
2017¥92k/m²¥47k/m²
2018¥108k/m²¥40k/m²
2019¥89k/m²¥42k/m²
2020¥135k/m²¥44k/m²
2021¥119k/m²¥45k/m²
2022¥100k/m²¥49k/m²
2023¥145k/m²¥52k/m²
2024¥121k/m²¥50k/m²
2025¥119k/m²¥51k/m²
2026 (partial)¥130k/m²¥54k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 18 years — House prices per m² drop about 57% from new by age 18, 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¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥262k/m²
1¥305k/m²
18¥130k/m²
25¥72k/m²
26¥121k/m²
28¥104k/m²
32¥79k/m²
33¥93k/m²
34¥136k/m²
35¥82k/m²
36¥110k/m²
39¥79k/m²
41¥107k/m²
43¥62k/m²
47¥68k/m²
48¥71k/m²
49¥28k/m²
50¥35k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2008201020122014201620182020202220242026

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
Year1971-19801981-20002011-2020
2008–¥111k/m²–
2009–¥79k/m²–
2010–¥101k/m²–
2011–¥102k/m²–
2012–¥91k/m²–
2013–¥94k/m²–
2014–¥90k/m²–
2015¥50k/m²¥100k/m²¥217k/m²
2016–¥88k/m²¥216k/m²
2017¥58k/m²¥85k/m²¥240k/m²
2018¥80k/m²¥92k/m²¥227k/m²
2019¥52k/m²¥82k/m²¥236k/m²
2020–¥96k/m²¥244k/m²
2021–¥87k/m²–
2022–¥92k/m²–
2023–¥111k/m²–
2024¥52k/m²¥92k/m²–
2025–¥109k/m²–
2026 (partial)–¥124k/m²–

Prices near train stations in Hakusan 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)
Matto (松任)¥3.5M¥120k/m²¥19.5M141746,913-8% vs 2019
Kaga Kasama (加賀笠間)––¥15.0M18522,394-24% vs 2019
Mikawa(Ishikawa) (美川)––¥10.0M13301,878+4% vs 2019
Tsurugi (鶴来)––¥2.4M1416872-17% vs 2019
Dohoji (道法寺)––¥29.5M1314254-10% vs 2019
Komaiko (小舞子)––¥8.8M613656+23% vs 2019
Inokuchi(Ishikawa) (井口(石川))––¥11.0M1611249-1% vs 2019
Nishi Matto (西松任)––¥24.0M20111,037
Nonoichi(IR) (野々市(IR))––¥19.0M23115,031+23% vs 2019
Oyanagi(Ishikawa) (小柳(石川))––¥14.0M161066+5% vs 2019

How much does a house cost in Hakusan City?

The median house sale, including the land, was ¥14.0M in 2025 across 119 sales.

Are property prices in Hakusan City going up?

Over the five years to 2025, residential land prices changed +15.9%.

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.