Chuson-ji, Hiraizumi, Iwate
Photo: Chuson-ji, Hiraizumi, Iwate · Shino Nakamura / Unsplash

Shiwa Town, Shiwa County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 48

In short

  1. 1
    The trend has turned down

    After rising earlier, house prices per m² have slipped by about 7.8% a year over the last five years.

  2. 2
    Outperforming Iwate

    Per m², houses here are 45% above the Iwate average.

  3. 3
    Sales are thinning out

    Transactions are down about 24% on the previous three years.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥8.5M and ¥29.8M.

The answers, compared

What does a home cost?

¥15.5M

median house · ¥127k/m²

1.5× the Iwate median

2 of 8 areas in Iwate, highest first

Are prices rising?

+19.6%

over 5 years

Faster than Iwate (-22.3%)

2 of 8 areas in Iwate, highest first

Can local earners afford it?

5.3× income

median price ÷ average taxable income

Harder than Iwate (3.9×)

2 of 9 areas in Iwate, highest first

Rent or buy?

26years of rent

median price ÷ a year of median rent

Longer than Iwate (22)

3 of 9 areas in Iwate, highest first

Are people moving in?

-2.1%

population, 2020–25

Shrinking slower than Iwate (-7.0%)

1 of 10 areas in Iwate, highest first

How risky is it?

3%

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

Lower than Iwate (12%)

9 of 10 areas in Iwate, highest first

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 7.8% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Outperforming Iwate

Per m², houses here are 45% above the Iwate average. The premium has grown from 21% ten years ago, so Shiwa Town, Shiwa County has been outperforming its surroundings.

Sales are thinning out

Transactions are down about 24% 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 ¥8.5M and ¥29.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.1% between 2020 and 2025 (−7% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 5.4% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

11.3% of homes were empty in 2023 (17.3% for the wider area), and 6.3% 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 3% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% 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 ¥2.9m in 2023 (¥3.1m 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.

Living in Shiwa Town, Shiwa County: people, homes and risks

Population 2025
31,470
-2.1% since 2020
Iwate: -7.0%
Net moves in 2025
-16
-0.51 per 1,000 residents
Iwate: -3.52
Vacant homes (2023)
11.3%
6.3% empty and not for rent or sale
Iwate: 17.3%
Median rent (2023)
¥50k
per month, all rented homes
Iwate: ¥46k
Strong earthquake risk
3.2%
chance of shaking of intensity 6-lower or more within 30 years
Iwate: 12.3%
Average income per taxpayer
¥2.9M
taxable income in 2023
Iwate: ¥3.1M
Daytime population
82
people here by day per 100 residents (2020 census)
Foreign residents
0.4%
119 registered residents in 2024
Iwate: 1.0%
Clinics
5.7
per 10,000 residents; 1 hospitals, 12 dental clinics (2020)
Iwate: 7.9
Official land price 2026
¥35k/m²
+2.8% in a year · – in 5 years
Iwate: ¥30k/m²
Flood exposure
33.3%
of 3 benchmark sites in a worst-case flood zone (33.3% 3 m or deeper)
Iwate: 38.2%
Landslide exposure
0.0%
of 3 benchmark sites in a landslide warning area
Iwate: 5.1%

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 Shiwa Town, Shiwa 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

¥8.4M

¥80k/m²

  • Kitahizume
  • Hizume · 8 min walk
  • Land 220 m² · floor 105 m²
  • Built 1981 (44 yrs) · Wood
Typical2025 Q3

¥17.0M

¥142k/m²

  • Sakuramachi
  • Shiwa Chuo · 13 min walk
  • Land 185 m² · floor 120 m²
  • Built 1997 (28 yrs) · Wood
Higher-priced2025 Q3

¥34.0M

¥378k/m²

  • Nakajima
  • Furudate · 9 min walk
  • Land 200 m² · floor 90 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥10.4M
2009¥13.0M
2010¥11.0M
2011–
2012¥18.0M
2013¥15.0M
2014¥11.0M
2015¥11.5M
2016¥17.0M
2017¥16.0M
2018¥21.0M
2019¥20.0M
2020¥21.0M
2021¥21.0M
2022¥20.5M
2023¥17.0M
2024¥16.0M
2025¥15.5M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥21k/m²
2008¥96k/m²¥21k/m²
2009¥103k/m²¥23k/m²
2010¥85k/m²¥20k/m²
2011–¥24k/m²
2012¥137k/m²¥19k/m²
2013¥100k/m²¥23k/m²
2014¥102k/m²¥20k/m²
2015¥108k/m²¥23k/m²
2016¥117k/m²¥24k/m²
2017¥124k/m²¥23k/m²
2018¥190k/m²¥23k/m²
2019¥181k/m²¥29k/m²
2020¥200k/m²¥23k/m²
2021¥178k/m²¥30k/m²
2022¥210k/m²¥30k/m²
2023¥139k/m²¥33k/m²
2024¥127k/m²¥35k/m²
2025¥127k/m²¥28k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥257k/m²
50¥43k/m²

Prices near train stations in Shiwa Town, Shiwa 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)
Shiwa Chuo (紫波中央)––¥16.0M16332,590-16% vs 2019
Furudate (古館)––¥10.6M1324–
Hizume (日詰)––¥24.0M1419–

How much does a house cost in Shiwa Town, Shiwa County?

The median house sale, including the land, was ¥15.5M in 2025 across 22 sales.

Are property prices in Shiwa Town, Shiwa County going up?

Over the five years to 2025, residential land prices changed +19.6%.

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.