Sakurajima over Kagoshima
Photo: Sakurajima over Kagoshima · Tuan P. / Unsplash

Kagoshima City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 1,065

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 1.3% a year, down from 3.8% a year in the previous five years.

  2. 2
    Moving with Kagoshima

    Per m², condos here are priced close to the Kagoshima average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 25% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    62% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥22.0M

median used condo · ¥290k/m²

0% below the Kagoshima median

Are prices rising?

-2.3%

over 5 years

Slower than Kagoshima (+1.2%)

5 of 12 areas in Kagoshima, highest first

Can local earners afford it?

6.3× income

median price ÷ average taxable income

Easier than Kagoshima (6.9×)

2 of 13 areas in Kagoshima, highest first

Rent or buy?

38years of rent

median price ÷ a year of median rent

Shorter than Kagoshima (43)

2 of 12 areas in Kagoshima, highest first

Are people moving in?

-2.0%

population, 2020–25

Shrinking slower than Kagoshima (-4.7%)

2 of 15 areas in Kagoshima, highest first

How risky is it?

18%

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

In line with Kagoshima (16%)

4 of 15 areas in Kagoshima, highest first

Rent in Kagoshima City

The average private rental costs ¥51k a month (2023), +2.2% since 2018. Kagoshima: ¥47k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥40k
vs 2018 -0.1% · Kagoshima: ¥39k
30–49 m²
1LDK / 2DK
¥52k
vs 2018 +5.3% · Kagoshima: ¥47k
50–69 m²
2LDK / 3DK
¥60k
vs 2018 +6.3% · Kagoshima: ¥52k
70–99 m²
3LDK / family
¥65k
vs 2018 -3.7% · Kagoshima: ¥52k
100–149 m²
mostly houses
¥73k
vs 2018 +4.9% · Kagoshima: ¥53k
150 m² +
mostly houses
¥51k
vs 2018 -27.2% · Kagoshima: ¥49k
Rent per m²
¥1,394
median, per month · Kagoshima: ¥1,190
The median used condo (¥22.0M, 70 m²) costs about 28 years of average rent for a similar-sized home (¥65k 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. 101,270 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 1.3% a year, down from 3.8% 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.

Moving with Kagoshima

Per m², condos here are priced close to the Kagoshima 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 25% 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

62% 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 14% 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 condo sales last year were between ¥7.5M and ¥30.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2% between 2020 and 2025 (−4.7% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 1.8% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

15.3% of homes were empty in 2023 (20.5% for the wider area), and 7.4% 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 38 years of the area's median rent (¥48k a month), compared with 43.2 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

Lower earthquake risk

The government's seismic model gives a 18% chance of shaking of intensity 6-lower or stronger in the next 30 years (16% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

A typical condo costs 6.3 years of local income

Taxpayers here reported an average taxable income of ¥3.5m in 2023 (¥3.2m for the wider area). That is +17% since 2014. The median resale condo sold for about 6.3 times that, against 6.9 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 +3% 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, 44% are inside the worst-case flood zone (9% 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 Kagoshima City: people, homes and risks

Population 2025
580,970
-2.0% since 2020
Kagoshima: -4.7%
Net moves in 2025
-1,146
-1.97 per 1,000 residents
Kagoshima: -3.31
Vacant homes (2023)
15.3%
7.4% empty and not for rent or sale
Kagoshima: 20.5%
Median rent (2023)
¥48k
per month, all rented homes
Kagoshima: ¥42k
Strong earthquake risk
17.9%
chance of shaking of intensity 6-lower or more within 30 years
Kagoshima: 15.6%
Average income per taxpayer
¥3.5M
taxable income in 2023
Kagoshima: ¥3.2M
Daytime population
101
people here by day per 100 residents (2020 census)
Foreign residents
0.8%
4,951 registered residents in 2024
Kagoshima: 1.2%
Clinics
9.4
per 10,000 residents; 87 hospitals, 375 dental clinics (2020)
Kagoshima: 9.4
Official land price 2026
¥81k/m²
+0.8% in a year · +3.0% in 5 years
Kagoshima: ¥19k/m²
Flood exposure
43.6%
of 101 benchmark sites in a worst-case flood zone (8.9% 3 m or deeper)
Kagoshima: 27.0%
Landslide exposure
3.0%
of 101 benchmark sites in a landslide warning area
Kagoshima: 4.6%

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 Kagoshima 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 Q3

¥6.4M

¥98k/m²

  • Kamoikeshimmachi
  • Minami Kagoshima · 18 min walk
  • 3LDK · 65 m²
  • Built 1977 (48 yrs) · SRC
Typical2026 Q2

¥24.0M

¥267k/m²

  • Take
  • Kagoshima Chuo · 8 min walk
  • 4LDK · 90 m²
  • Built 1996 (30 yrs) · SRC
Higher-priced2026 Q2

¥31.0M

¥443k/m²

  • Uearatacho
  • Kagoshima Chuo · 14 min walk
  • 3LDK · 70 m²
  • Built 2003 (23 yrs) · SRC

House

Lower-priced2025 Q3

¥8.2M

¥50k/m²

  • Harara
  • Kagoshima Chuo
  • Land 170 m² · floor 165 m²
  • Built 1994 (31 yrs) · Wood
Typical2026 Q2

¥25.0M

¥89k/m²

  • Arata
  • Kagoshima Chuo · 23 min walk
  • Land 145 m² · floor 280 m²
  • Built 1984 (42 yrs) · RC
Higher-priced2026 Q2

¥44.0M

¥119k/m²

  • Kamoike
  • Kagoshima Chuo
  • Land 170 m² · floor 370 m²
  • Built 1988 (38 yrs) · RC
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥16.0M¥22.0M
2008¥16.0M¥21.0M
2009¥16.0M¥19.0M
2010¥19.0M¥22.0M
2011¥18.0M¥21.0M
2012¥16.0M¥22.0M
2013¥16.0M¥20.0M
2014¥16.0M¥20.0M
2015¥17.0M¥23.0M
2016¥16.0M¥23.0M
2017¥18.0M¥23.0M
2018¥17.0M¥24.0M
2019¥19.0M¥25.0M
2020¥21.0M¥24.0M
2021¥21.0M¥25.5M
2022¥17.0M¥22.0M
2023¥18.0M¥26.0M
2024¥22.0M¥26.0M
2025¥22.0M¥25.0M
2026 (partial)¥26.0M¥25.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 38% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space. That gap has widened over the decade as condo prices pulled ahead.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥229k/m²¥175k/m²¥75k/m²
2008¥214k/m²¥175k/m²¥84k/m²
2009¥227k/m²¥153k/m²¥59k/m²
2010¥267k/m²¥160k/m²¥63k/m²
2011¥232k/m²¥153k/m²¥67k/m²
2012¥229k/m²¥176k/m²¥65k/m²
2013¥225k/m²¥170k/m²¥63k/m²
2014¥223k/m²¥156k/m²¥61k/m²
2015¥240k/m²¥176k/m²¥60k/m²
2016¥231k/m²¥188k/m²¥59k/m²
2017¥255k/m²¥189k/m²¥68k/m²
2018¥241k/m²¥200k/m²¥60k/m²
2019¥263k/m²¥210k/m²¥57k/m²
2020¥297k/m²¥222k/m²¥60k/m²
2021¥286k/m²¥193k/m²¥68k/m²
2022¥269k/m²¥176k/m²¥75k/m²
2023¥274k/m²¥192k/m²¥68k/m²
2024¥308k/m²¥189k/m²¥74k/m²
2025¥290k/m²¥180k/m²¥78k/m²
2026 (partial)¥335k/m²¥158k/m²¥70k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 19 years old and half by around 30. Prices keep falling by roughly 3.7% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥320k/m²
1–¥312k/m²
2–¥338k/m²
3–¥327k/m²
4–¥289k/m²
5¥480k/m²¥300k/m²
6¥435k/m²¥309k/m²
7¥477k/m²¥275k/m²
8–¥237k/m²
9–¥314k/m²
10¥443k/m²¥260k/m²
11–¥236k/m²
12¥381k/m²¥210k/m²
13¥389k/m²¥217k/m²
14–¥200k/m²
15¥322k/m²¥237k/m²
16¥389k/m²¥194k/m²
17¥367k/m²¥200k/m²
18¥376k/m²¥200k/m²
19¥356k/m²¥198k/m²
20¥294k/m²¥181k/m²
21¥338k/m²¥188k/m²
22¥363k/m²¥147k/m²
23¥293k/m²¥163k/m²
24¥365k/m²¥148k/m²
25¥308k/m²¥160k/m²
26–¥140k/m²
27¥260k/m²¥148k/m²
28–¥150k/m²
29–¥158k/m²
30¥214k/m²¥147k/m²
31¥171k/m²¥137k/m²
32¥187k/m²¥142k/m²
33¥160k/m²¥135k/m²
34¥173k/m²¥135k/m²
35¥123k/m²¥118k/m²
36¥147k/m²¥128k/m²
37–¥108k/m²
38¥150k/m²¥114k/m²
39–¥115k/m²
40¥185k/m²¥118k/m²
41¥175k/m²¥88k/m²
42–¥89k/m²
43–¥95k/m²
44¥165k/m²¥65k/m²
45¥143k/m²¥93k/m²
46–¥92k/m²
47¥147k/m²¥104k/m²
48–¥93k/m²
49–¥97k/m²
50–¥105k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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–¥215k/m²¥316k/m²–
2008–¥200k/m²¥329k/m²–
2009–¥200k/m²¥320k/m²–
2010–¥188k/m²¥340k/m²–
2011–¥200k/m²¥325k/m²–
2012–¥193k/m²¥290k/m²–
2013–¥213k/m²¥308k/m²–
2014–¥178k/m²¥307k/m²–
2015–¥220k/m²¥316k/m²–
2016–¥206k/m²¥343k/m²–
2017¥129k/m²¥215k/m²¥320k/m²–
2018¥120k/m²¥210k/m²¥307k/m²–
2019–¥240k/m²¥327k/m²–
2020–¥185k/m²¥329k/m²¥500k/m²
2021–¥229k/m²¥327k/m²¥438k/m²
2022–¥200k/m²¥347k/m²–
2023–¥161k/m²¥382k/m²¥435k/m²
2024–¥183k/m²¥360k/m²¥473k/m²
2025–¥215k/m²¥375k/m²–
2026 (partial)–¥229k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025

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¥136k/m²¥143k/m²¥250k/m²–
2008¥138k/m²¥152k/m²¥257k/m²–
2009¥119k/m²¥129k/m²¥259k/m²–
2010¥123k/m²¥136k/m²¥256k/m²–
2011¥102k/m²¥136k/m²¥211k/m²¥280k/m²
2012¥118k/m²¥131k/m²¥184k/m²¥263k/m²
2013¥113k/m²¥130k/m²¥190k/m²¥267k/m²
2014¥109k/m²¥133k/m²¥200k/m²¥250k/m²
2015¥102k/m²¥138k/m²¥196k/m²¥274k/m²
2016¥119k/m²¥142k/m²¥223k/m²¥267k/m²
2017¥111k/m²¥135k/m²¥194k/m²¥275k/m²
2018¥122k/m²¥142k/m²¥180k/m²¥279k/m²
2019¥99k/m²¥140k/m²¥207k/m²¥280k/m²
2020¥114k/m²¥129k/m²¥200k/m²¥282k/m²
2021¥81k/m²¥138k/m²¥183k/m²¥289k/m²
2022¥103k/m²¥137k/m²¥200k/m²¥280k/m²
2023¥96k/m²¥117k/m²¥208k/m²¥324k/m²
2024¥92k/m²¥125k/m²¥200k/m²¥244k/m²
2025¥94k/m²¥123k/m²¥189k/m²¥250k/m²
2026 (partial)¥73k/m²¥130k/m²––

Prices near train stations in Kagoshima 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)
Kagoshima Chuo (鹿児島中央)¥22.0M¥312k/m²¥29.5M1869838,874-4% vs 2019
Kagoshima (鹿児島)¥23.0M¥300k/m²¥19.0M133653,358+5% vs 2019
Taniyama(JR) (谷山(JR))¥25.0M¥345k/m²¥31.5M1416011,705+5% vs 2019
Usuki(Kagoshima) (宇宿)¥18.5M¥240k/m²¥30.0M131592,5060% vs 2019
Hiroki (広木)––¥17.0M231162,312+16% vs 2019
Minami Kagoshima (南鹿児島)¥15.0M¥183k/m²¥30.0M161162,596-3% vs 2019
Korimoto(JR) (郡元(JR))¥28.0M¥375k/m²¥29.0M161097,940-12% vs 2019
Sakano Ue (坂之上)––¥20.5M12864,426-2% vs 2019
Jigenji (慈眼寺)––¥35.0M10652,774-9% vs 2019
Kami Ijuin (上伊集院)––¥21.0M15493,406-2% vs 2019
Goino (五位野)––¥20.0M1221878+28% vs 2019
Kiire (喜入)––¥14.0M915986-15% vs 2019

Used condo prices by layout in Kagoshima City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥25.0M70 m²204
4LDK¥26.0M85 m²62
1K¥2.5M20 m²61
2LDK¥25.0M60 m²57
2DK¥4.5M45 m²15
1LDK¥6.6M45 m²12

How much does an apartment cost in Kagoshima City?

The median used condo (mansion) in Kagoshima City sold for ¥22.0M in 2025, about ¥290k/m², based on 160 recorded sales.

How much does a house cost in Kagoshima City?

The median house sale, including the land, was ¥25.0M in 2025 across 494 sales.

Are property prices in Kagoshima City going up?

Over the five years to 2025, condo prices per m² changed -2.3% and residential land prices changed +30.0%.

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.