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Midori Ward, Sagamihara City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 309

In short

  1. 1
    The trend has turned down

    After rising earlier, condo prices per m² have slipped by about 1.7% a year over the last five years.

  2. 2
    Lagging Kanagawa

    Per m², condos here are 40% below the Kanagawa average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 89% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    56% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥18.5M

median used condo · ¥339k/m²

41% below the Kanagawa median

33 of 41 areas in Kanagawa, highest first

Are prices rising?

-15.2%

over 5 years

Slower than Kanagawa (+28.6%)

49 of 49 areas in Kanagawa, highest first

Can local earners afford it?

4.8× income

median price ÷ average taxable income

Easier than Kanagawa (6.6×)

46 of 51 areas in Kanagawa, highest first

Rent or buy?

24years of rent

median price ÷ a year of median rent

Shorter than Kanagawa (35)

45 of 50 areas in Kanagawa, highest first

Are people moving in?

-2.9%

population, 2020–25

Shrinking faster than Kanagawa (-0.5%)

41 of 51 areas in Kanagawa, highest first

How risky is it?

45%

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

Lower than Kanagawa (56%)

38 of 51 areas in Kanagawa, highest first

Rent in Midori Ward, Sagamihara City

The average private rental costs ¥64k a month (2023), +6.4% since 2018. Kanagawa: ¥76k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥47k
vs 2018 -0.2% · Kanagawa: ¥59k
30–49 m²
1LDK / 2DK
¥65k
vs 2018 +9.1% · Kanagawa: ¥76k
50–69 m²
2LDK / 3DK
¥75k
vs 2018 +2.7% · Kanagawa: ¥93k
70–99 m²
3LDK / family
¥83k
vs 2018 +7.0% · Kanagawa: ¥109k
100–149 m²
mostly houses
¥78k
vs 2018 +21.2% · Kanagawa: ¥109k
Rent per m²
¥1,660
median, per month · Kanagawa: ¥2,085
The median used condo (¥18.5M, 55 m²) costs about 21 years of average rent for a similar-sized home (¥75k 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. 16,730 rented homes.

What the data says

The trend has turned down

After rising earlier, condo prices per m² have slipped by about 1.7% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Kanagawa

Per m², condos here are 40% below the Kanagawa average. Ten years ago the gap was 10%, so Midori Ward, Sagamihara City has been falling behind the rest of Kanagawa.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 89% 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

56% 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 18% 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 ¥8.1M and ¥35.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.9% between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 2.5 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 2.8% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

8.8% of homes were empty in 2023 (9.8% for the wider area), and 4.1% 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 24.2 years of the area's median rent (¥64k a month), compared with 34.7 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 45% chance of shaking of intensity 6-lower or stronger in the next 30 years (56% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

A typical condo costs 4.8 years of local income

Taxpayers in the city as a whole reported an average taxable income of ¥3.9m in 2023 (¥4.4m for the wider area). That is +16% since 2014. The median resale condo sold for about 4.8 times that, against 6.6 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 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 +15% over five years. They are still 26% below their 1991 bubble-era level. 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, 6% 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.

Government-backed redevelopment

This area includes national Urgent Urban Renewal Areas: Hashimoto and Sagamihara Station areas. These allow larger, denser buildings and give big projects financial support, so expect new offices, shops and housing to keep reshaping the area.

Living in Midori Ward, Sagamihara City: people, homes and risks

Population 2025
165,346
-2.9% since 2020
Kanagawa: -0.5%
Net moves in 2025
+405
+2.45 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
8.8%
4.1% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥64k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
44.7%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Average income per taxpayer
¥3.9M
taxable income in 2023, citywide figure
Kanagawa: ¥4.4M
Daytime population
90
people here by day per 100 residents (2020 census)
Foreign residents
2.5%
4,215 registered residents in 2024
Kanagawa: 3.1%
Clinics
6.1
per 10,000 residents; 10 hospitals, 74 dental clinics (2020)
Kanagawa: 7.6
Official land price 2026
¥144k/m²
+3.4% in a year · +14.5% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
0.0%
of 33 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
6.1%
of 33 benchmark sites in a landslide warning area
Kanagawa: 2.4%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Hashimoto and Sagamihara Station areas · 89 ha · designated 2003

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 Midori Ward, Sagamihara 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

¥8.0M

¥107k/m²

  • Motohashimotocho
  • Aihara · 11 min walk
  • 3LDK · 75 m²
  • Built 1976 (49 yrs)
Typical2026 Q1

¥23.0M

¥460k/m²

  • Higashihashimoto
  • Hashimoto(Kanagawa) · 14 min walk
  • 2LDK · 50 m²
  • Built 1995 (31 yrs) · RC
Higher-priced2025 Q4

¥38.0M

¥585k/m²

  • Hashimotodai
  • Minami Hashimoto · 10 min walk
  • 3LDK · 65 m²
  • Built 2003 (22 yrs) · RC

House

Lower-priced2025 Q3

¥9.8M

¥103k/m²

  • Wakayanagi
  • Sagamiko
  • Land 145 m² · floor 95 m²
  • Built 1990 (35 yrs) · Wood
Typical2026 Q1

¥33.0M

¥367k/m²

  • Oshima
  • Hashimoto(Kanagawa)
  • Land 135 m² · floor 90 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q2

¥55.0M

¥250k/m²

  • Nagatake
  • Hashimoto(Kanagawa)
  • Land 890 m² · floor 220 m²
  • Built 2008 (18 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 55% between 2023 and 2025. Prices per m² rose 59% too, so this is a genuine like-for-like increase, not just bigger homes selling.2026 so far: treat with caution — The 2026 figure (shaded) is 62% above 2025, but it covers only part of the year and 20 condo sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥13.0M¥25.0M
2008¥17.0M¥26.0M
2009¥22.0M¥25.0M
2010¥17.0M¥25.0M
2011¥25.5M¥23.0M
2012¥13.0M¥25.0M
2013¥17.0M¥23.0M
2014¥17.0M¥26.0M
2015¥21.0M¥25.0M
2016¥16.0M¥23.0M
2017¥23.0M¥26.0M
2018¥17.0M¥25.0M
2019¥20.0M¥23.5M
2020¥23.0M¥28.0M
2021¥20.0M¥26.5M
2022¥24.0M¥29.0M
2023¥24.5M¥20.0M
2024¥15.0M¥30.0M
2025¥18.5M¥31.0M
2026 (partial)¥30.0M¥30.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 16% 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 narrowed over the decade as house prices caught up.
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥260k/m²¥246k/m²¥81k/m²
2008¥283k/m²¥253k/m²¥70k/m²
2009¥313k/m²¥240k/m²¥63k/m²
2010¥283k/m²¥260k/m²¥66k/m²
2011¥368k/m²¥236k/m²¥77k/m²
2012¥235k/m²¥240k/m²¥91k/m²
2013¥300k/m²¥242k/m²¥110k/m²
2014¥309k/m²¥244k/m²¥78k/m²
2015¥357k/m²¥240k/m²¥74k/m²
2016¥290k/m²¥220k/m²¥51k/m²
2017¥354k/m²¥227k/m²¥97k/m²
2018¥300k/m²¥244k/m²¥95k/m²
2019¥333k/m²¥200k/m²¥86k/m²
2020¥400k/m²¥262k/m²¥82k/m²
2021¥340k/m²¥235k/m²¥41k/m²
2022¥425k/m²¥278k/m²¥45k/m²
2023¥377k/m²¥179k/m²¥100k/m²
2024¥333k/m²¥283k/m²¥70k/m²
2025¥339k/m²¥285k/m²¥98k/m²
2026 (partial)¥481k/m²¥252k/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 11 years old and half by around 11.Houses bottom out at around 15 years — House prices per m² drop about 34% from new by age 15, 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¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥389k/m²
1¥1.1M/m²¥326k/m²
11¥514k/m²–
15–¥259k/m²
18–¥180k/m²
20–¥264k/m²
21¥493k/m²¥288k/m²
22¥531k/m²¥114k/m²
25¥427k/m²¥247k/m²
26¥443k/m²¥161k/m²
28¥345k/m²¥147k/m²
29¥327k/m²¥103k/m²
30¥274k/m²¥203k/m²
31¥304k/m²¥165k/m²
32–¥119k/m²
33¥220k/m²¥80k/m²
34¥195k/m²¥104k/m²
35¥188k/m²¥95k/m²
36¥299k/m²¥92k/m²
38–¥80k/m²
39–¥133k/m²
41–¥73k/m²
42–¥82k/m²
43–¥80k/m²
44–¥63k/m²
45–¥121k/m²
49¥147k/m²–
50–¥72k/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
Year1981-20002001-2010
2007¥260k/m²–
2008¥250k/m²¥364k/m²
2009¥187k/m²¥353k/m²
2010¥236k/m²¥360k/m²
2011¥217k/m²¥463k/m²
2012¥218k/m²–
2013¥260k/m²¥435k/m²
2014¥273k/m²¥480k/m²
2015¥286k/m²¥493k/m²
2016¥253k/m²–
2017¥267k/m²¥519k/m²
2018¥260k/m²–
2019¥264k/m²¥504k/m²
2020¥282k/m²¥500k/m²
2021¥285k/m²¥507k/m²
2022¥360k/m²–
2023¥308k/m²–
2024¥313k/m²–
2025¥327k/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–¥158k/m²¥306k/m²–
2008–¥161k/m²¥317k/m²–
2009–¥159k/m²¥300k/m²–
2010–¥120k/m²¥300k/m²–
2011–¥158k/m²¥262k/m²¥294k/m²
2012–¥129k/m²¥225k/m²¥326k/m²
2013–¥153k/m²–¥300k/m²
2014–¥137k/m²–¥305k/m²
2015–¥130k/m²¥220k/m²¥290k/m²
2016¥137k/m²¥100k/m²–¥333k/m²
2017–¥140k/m²–¥320k/m²
2018–¥137k/m²¥291k/m²¥298k/m²
2019–¥111k/m²–¥326k/m²
2020–¥133k/m²–¥310k/m²
2021¥86k/m²¥108k/m²––
2022–¥112k/m²––
2023¥82k/m²¥98k/m²––
2024–¥135k/m²¥213k/m²–
2025–¥104k/m²––

Prices near train stations in Midori Ward, Sagamihara 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)
Hashimoto(Kanagawa) (橋本(神奈川))¥19.0M¥375k/m²¥31.0M13531205,590-11% vs 2019
Sagamiko (相模湖)––¥7.5M7403,646-18% vs 2019
Minami Hashimoto (南橋本)¥12.0M¥218k/m²¥32.0M203810,590-5% vs 2019
Fujino (藤野)––¥7.4M18283,518-22% vs 2019
Aihara (相原)––¥43.0M1222–

Used condo prices by layout in Midori Ward, Sagamihara City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥33.0M65 m²65
2LDK¥18.5M55 m²30
1K¥3.3M15 m²26
3DK¥7.8M45 m²14

How much does an apartment cost in Midori Ward, Sagamihara City?

The median used condo (mansion) in Midori Ward, Sagamihara City sold for ¥18.5M in 2025, about ¥339k/m², based on 66 recorded sales.

How much does a house cost in Midori Ward, Sagamihara City?

The median house sale, including the land, was ¥31.0M in 2025 across 156 sales.

Are property prices in Midori Ward, Sagamihara City going up?

Over the five years to 2025, condo prices per m² changed -15.2% and residential land prices changed +19.5%.

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.