Minato Mirai, Yokohama, Kanagawa
Photo: Minato Mirai, Yokohama, Kanagawa · Roberto Jr Saldana / Unsplash

Ayase City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 188

In short

  1. 1
    Price growth is speeding up

    House values per m² have risen about 4% a year over the past five years, faster than the 1.6% a year of the five years before.

  2. 2
    Outperforming Kanagawa

    Per m², houses here are 20% below the Kanagawa average.

  3. 3
    What a typical purchase costs

    Half of all house sales last year were between ¥26.0M and ¥42.0M.

  4. 4
    A shrinking population

    The population fell 1.1% between 2020 and 2025 (−0.5% for the wider area).

The answers, compared

What does a home cost?

¥33.0M

median house · ¥350k/m²

14% below the Kanagawa median

2 of 10 areas in Kanagawa, highest first

Are prices rising?

+33.3%

over 5 years

Faster than Kanagawa (+28.6%)

16 of 49 areas in Kanagawa, highest first

Can local earners afford it?

8.8× income

median price ÷ average taxable income

Harder than Kanagawa (6.6×)

5 of 51 areas in Kanagawa, highest first

Rent or buy?

43years of rent

median price ÷ a year of median rent

Longer than Kanagawa (35)

6 of 50 areas in Kanagawa, highest first

Are people moving in?

-1.1%

population, 2020–25

Shrinking faster than Kanagawa (-0.5%)

27 of 51 areas in Kanagawa, highest first

How risky is it?

55%

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

In line with Kanagawa (56%)

28 of 51 areas in Kanagawa, highest first

Rent in Ayase City

The average private rental costs ¥64k a month (2023), +7.5% since 2018. Kanagawa: ¥76k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥43k
vs 2018 -4.4% · Kanagawa: ¥59k
30–49 m²
1LDK / 2DK
¥59k
vs 2018 +3.2% · Kanagawa: ¥76k
50–69 m²
2LDK / 3DK
¥72k
vs 2018 +6.9% · Kanagawa: ¥93k
Rent per m²
¥1,373
median, per month · Kanagawa: ¥2,085

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. 5,350 rented homes.

What the data says

Price growth is speeding up

House values per m² have risen about 4% a year over the past five years, faster than the 1.6% 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 Kanagawa

Per m², houses here are 20% below the Kanagawa average. The discount has shrunk from 27% ten years ago, so Ayase City is catching up with its surroundings.

What a typical purchase costs

Half of all house sales last year were between ¥26.0M and ¥42.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.1% between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 3.7 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 0.1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

8.1% of homes were empty in 2023 (9.8% for the wider area), and 3% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

High earthquake risk

The government's seismic model gives a 55% 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 below average

Taxpayers here reported an average taxable income of ¥3.8m in 2023 (¥4.4m for the wider area). That is +19% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are rising fast

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 +11% over five years. 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 Ayase City: people, homes and risks

Population 2025
82,952
-1.1% since 2020
Kanagawa: -0.5%
Net moves in 2025
+309
+3.73 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
8.1%
3.0% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥64k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
54.9%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Average income per taxpayer
¥3.8M
taxable income in 2023
Kanagawa: ¥4.4M
Daytime population
96
people here by day per 100 residents (2020 census)
Foreign residents
6.2%
5,203 registered residents in 2024
Kanagawa: 3.1%
Clinics
3.6
per 10,000 residents; 1 hospitals, 25 dental clinics (2020)
Kanagawa: 7.6
Official land price 2026
¥138k/m²
+3.3% in a year · +10.6% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
0.0%
of 14 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
0.0%
of 14 benchmark sites in a landslide warning area
Kanagawa: 2.4%

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 Ayase 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

¥5.0M

¥77k/m²

  • Ogami
  • Sagami Otsuka · 19 min walk
  • 3LDK · 65 m²
  • Built 1985 (40 yrs) · RC
Typical2025 Q4

¥11.0M

¥147k/m²

  • Kamitsuchidanaminami
  • Chogo · 23 min walk
  • 3LDK · 75 m²
  • Built 1979 (46 yrs) · RC
Higher-priced2025 Q3

¥17.0M

¥213k/m²

  • Kamitsuchidananaka
  • Chogo · 16 min walk
  • 4LDK · 80 m²
  • Built 1998 (27 yrs) · RC

House

Lower-priced2026 Q1

¥25.0M

¥313k/m²

  • Fukayakami
  • Sagamino
  • Land 100 m² · floor 80 m²
  • Built 2002 (24 yrs) · Wood
Typical2026 Q1

¥34.0M

¥567k/m²

  • Kamitsuchidananaka
  • Chogo · 23 min walk
  • Land 75 m² · floor 60 m²
  • Built 1986 (40 yrs) · Wood
Higher-priced2025 Q4

¥45.0M

¥450k/m²

  • Tatekawa
  • Sagami Otsuka · 9 min walk
  • Land 115 m² · floor 100 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥27.0M
2008–¥28.5M
2009–¥26.0M
2010¥9.4M¥25.0M
2011¥14.5M¥26.0M
2012–¥25.5M
2013–¥24.0M
2014–¥26.0M
2015¥9.0M¥24.0M
2016–¥27.0M
2017–¥25.0M
2018–¥27.0M
2019–¥27.0M
2020¥8.1M¥28.0M
2021–¥28.0M
2022–¥32.0M
2023–¥34.0M
2024–¥30.5M
2025–¥33.0M
2026 (partial)–¥36.0M
Median price per m² by year
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007–¥284k/m²¥140k/m²
2008–¥306k/m²¥135k/m²
2009–¥267k/m²¥115k/m²
2010¥156k/m²¥263k/m²¥110k/m²
2011¥194k/m²¥272k/m²¥120k/m²
2012–¥261k/m²¥120k/m²
2013–¥250k/m²¥110k/m²
2014–¥260k/m²¥110k/m²
2015¥158k/m²¥228k/m²¥120k/m²
2016–¥259k/m²¥95k/m²
2017–¥270k/m²¥110k/m²
2018–¥262k/m²¥120k/m²
2019–¥250k/m²¥97k/m²
2020¥134k/m²¥278k/m²¥105k/m²
2021–¥305k/m²¥105k/m²
2022–¥321k/m²¥130k/m²
2023–¥344k/m²¥120k/m²
2024–¥293k/m²¥120k/m²
2025–¥350k/m²¥140k/m²
2026 (partial)–¥353k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥371k/m²
1¥365k/m²
30¥265k/m²
32¥163k/m²
50¥279k/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
Year1981-20002001-20102011-2020
2007–¥316k/m²–
2008–¥326k/m²–
2009¥173k/m²¥311k/m²–
2010¥182k/m²¥300k/m²–
2011¥182k/m²–¥303k/m²
2012¥140k/m²–¥295k/m²
2013¥187k/m²–¥294k/m²
2014¥190k/m²–¥300k/m²
2015¥168k/m²–¥278k/m²
2016––¥325k/m²
2017––¥300k/m²
2018––¥310k/m²
2019¥183k/m²–¥300k/m²
2020––¥302k/m²
2021¥200k/m²––
2022¥172k/m²––
2023¥213k/m²––
2025¥211k/m²––

Prices near train stations in Ayase 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)
Chogo (長後)¥6.6M¥119k/m²¥33.0M2312231,436-8% vs 2019
Ebina (海老名)––¥29.0M2668267,512-12% vs 2019
Kashiwadai (かしわ台)––¥34.0M155017,194-8% vs 2019
Sagamino (さがみ野)––¥35.0M134833,545-10% vs 2019
Sagami Otsuka (相模大塚)––¥32.0M121414,151-1% vs 2019

Used condo prices by layout in Ayase City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥9.8M65 m²20

How much does a house cost in Ayase City?

The median house sale, including the land, was ¥33.0M in 2025 across 101 sales.

Are property prices in Ayase City going up?

Over the five years to 2025, residential land prices changed +33.3%.

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.