Nakahara Ward (Kawasaki) Housing Market 2026: Musashi-Kosugi's Tower Market
Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 572
In short
- 1Kanagawa's tower town
Nakahara Ward is home to Musashi-Kosugi, where more than a dozen tower condos have gone up since the 2000s.
- 2Prices accelerating again
After a flat period in the late 2010s, prices per m² rose about 7% a year over the past five years.
- 3Popular, highest rents
Population grew 2.3% between 2020 and 2025, and Nakahara has the highest median rent of Kawasaki's wards.
The answers, compared
What does a home cost?
¥32.0M
median used condo · ¥1.0M/m²
1.8× the Kanagawa median
2 of 41 areas in Kanagawa, highest first
Are prices rising?
+42.7%
over 5 years
Faster than Kanagawa (+28.6%)
7 of 49 areas in Kanagawa, highest first
Can local earners afford it?
7.0× income
median price ÷ average taxable income
Harder than Kanagawa (6.6×)
14 of 51 areas in Kanagawa, highest first
Rent or buy?
32years of rent
median price ÷ a year of median rent
Shorter than Kanagawa (35)
29 of 50 areas in Kanagawa, highest first
Are people moving in?
+2.3%
population, 2020–25
Growing while Kanagawa shrinks (-0.5%)
6 of 51 areas in Kanagawa, highest first
How risky is it?
69%
chance of strong shaking (6-lower+) in 30 years
Higher than Kanagawa (56%)
10 of 51 areas in Kanagawa, highest first
Rent in Nakahara Ward, Kawasaki City
The average private rental costs ¥92k a month (2023), +7.2% since 2018. Kanagawa: ¥76k
| Floor area | Typical layout | Average rent / month | Nakahara Ward, Kawasaki CityKanagawa |
|---|---|---|---|
| under 30 m² studio / 1K | studio / 1K | ¥71k vs 2018 +7.7% · Kanagawa: ¥59k | |
| 30–49 m² 1LDK / 2DK | 1LDK / 2DK | ¥98k vs 2018 +9.8% · Kanagawa: ¥76k | |
| 50–69 m² 2LDK / 3DK | 2LDK / 3DK | ¥123k vs 2018 +8.0% · Kanagawa: ¥93k | |
| 70–99 m² 3LDK / family | 3LDK / family | ¥142k vs 2018 +15.3% · Kanagawa: ¥109k | |
| 100–149 m² mostly houses | mostly houses | ¥141k vs 2018 +35.1% · Kanagawa: ¥109k | |
| 150 m² + mostly houses | mostly houses | ¥126k vs 2018 +17.9% · Kanagawa: ¥97k |
- Rent per m²
- ¥2,789
- median, per month · Kanagawa: ¥2,085
- The median used condo (¥32.0M, 25 m²) costs about 38 years of average rent for a similar-sized home (¥71k 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. 70,020 rented homes.
Kanagawa's tower town
Nakahara Ward is home to Musashi-Kosugi, where more than a dozen tower condos have gone up since the 2000s. Condos cost about ¥1.0M per m² in 2025, the highest of Kawasaki's 7 wards and about 1.8 times the Kanagawa average. Musashi-Kosugi itself sells at about ¥1.2M per m².
Prices accelerating again
After a flat period in the late 2010s, prices per m² rose about 7% a year over the past five years. The median condo price (about ¥32M) is lower than in 2015 (¥38M), because more small flats now sell. The 20 m² 1K at about ¥24M is the most traded home, though a third of sales are family-sized.
Stations
Motosumiyoshi and Shin-Maruko sell at about ¥1.0M per m². Musashi-Nakahara, Hirama and Musashi-Shinjo are about a quarter cheaper. Condos within 5 minutes of a station sell for about 15% more per m² than those 11–15 minutes away.
Popular, highest rents
Population grew 2.3% between 2020 and 2025, and Nakahara has the highest median rent of Kawasaki's wards. A median condo costs about 32 years of median rent, better than the Kanagawa average.
Flood risk
Almost every benchmark site in Nakahara (97%) is in the worst-case flood zone of the Tama river, though none at 3 m or deeper. In 2019, Typhoon Hagibis flooded the basements of some Musashi-Kosugi towers. Earthquake probability is high (about 69% for 6-lower in 30 years), the second highest in Kawasaki.
Living in Nakahara Ward, Kawasaki City: people, homes and risks
- Population 2025
- 269,779
- +2.3% since 2020
- Kanagawa: -0.5%
- Net moves in 2025
- +1,085
- +4.02 per 1,000 residents
- Kanagawa: +3.05
- Vacant homes (2023)
- 8.3%
- 1.7% empty and not for rent or sale
- Kanagawa: 9.8%
- Median rent (2023)
- ¥84k
- per month, all rented homes
- Kanagawa: ¥70k
- Strong earthquake risk
- 69.2%
- chance of shaking of intensity 6-lower or more within 30 years
- Kanagawa: 56.2%
- Average income per taxpayer
- ¥4.6M
- taxable income in 2023, citywide figure
- Kanagawa: ¥4.4M
- Daytime population
- 83
- people here by day per 100 residents (2020 census)
- Foreign residents
- 2.8%
- 7,316 registered residents in 2024
- Kanagawa: 3.1%
- Clinics
- 7.8
- per 10,000 residents; 5 hospitals, 179 dental clinics (2020)
- Kanagawa: 7.6
- Official land price 2026
- ¥445k/m²
- +4.5% in a year · +18.9% in 5 years
- Kanagawa: ¥198k/m²
- Flood exposure
- 97.1%
- of 34 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
- Kanagawa: 25.9%
- Landslide exposure
- 0.0%
- of 34 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 Nakahara Ward, Kawasaki 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
¥21.0M
¥1.1M/m²
- Imainishimachi
- Musashi Kosugi · 13 min walk
- 1K · 20 m²
- Built 2007 (19 yrs) · RC
¥34.0M
¥1.7M/m²
- Kosugimachi
- Shin Maruko · 4 min walk
- 1K · 20 m²
- Built 2025 (1 yrs) · RC
¥72.0M
¥1.0M/m²
- Shimmarukohigashi
- Musashi Kosugi · 4 min walk
- 3LDK · 70 m²
- Built 1989 (37 yrs) · SRC
House
¥52.0M
¥547k/m²
- Miyauchi
- Musashi Nakahara · 21 min walk
- Land 65 m² · floor 95 m²
- Built 2026 (0 yrs) · Wood
¥66.0M
¥574k/m²
- Ida
- Motosumiyoshi · 15 min walk
- Land 95 m² · floor 115 m²
- Built 2026 (0 yrs) · Wood
¥150M
¥1.2M/m²
- Miyauchi
- Musashi Kosugi · 13 min walk
- Land 280 m² · floor 125 m²
- Built 1995 (30 yrs) · Wood
Show data table
| Year | Condo | House |
|---|---|---|
| 2005 | ¥24.0M | ¥43.0M |
| 2006 | ¥32.0M | ¥47.0M |
| 2007 | ¥25.0M | ¥53.5M |
| 2008 | ¥32.0M | ¥50.0M |
| 2009 | ¥33.0M | ¥42.0M |
| 2010 | ¥28.0M | ¥45.0M |
| 2011 | ¥30.0M | ¥44.0M |
| 2012 | ¥32.0M | ¥45.0M |
| 2013 | ¥38.0M | ¥46.0M |
| 2014 | ¥40.0M | ¥48.0M |
| 2015 | ¥38.0M | ¥50.0M |
| 2016 | ¥36.0M | ¥49.0M |
| 2017 | ¥37.0M | ¥50.0M |
| 2018 | ¥37.0M | ¥52.0M |
| 2019 | ¥40.0M | ¥53.0M |
| 2020 | ¥37.0M | ¥50.0M |
| 2021 | ¥40.0M | ¥55.0M |
| 2022 | ¥33.0M | ¥58.0M |
| 2023 | ¥36.0M | ¥62.5M |
| 2024 | ¥33.0M | ¥65.5M |
| 2025 | ¥32.0M | ¥64.0M |
| 2026 (partial) | ¥44.0M | ¥65.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2005 | ¥448k/m² | ¥446k/m² | ¥330k/m² |
| 2006 | ¥520k/m² | ¥436k/m² | ¥350k/m² |
| 2007 | ¥550k/m² | ¥484k/m² | ¥390k/m² |
| 2008 | ¥547k/m² | ¥465k/m² | ¥430k/m² |
| 2009 | ¥538k/m² | ¥435k/m² | ¥360k/m² |
| 2010 | ¥557k/m² | ¥463k/m² | ¥355k/m² |
| 2011 | ¥547k/m² | ¥471k/m² | ¥420k/m² |
| 2012 | ¥538k/m² | ¥452k/m² | ¥365k/m² |
| 2013 | ¥618k/m² | ¥472k/m² | ¥395k/m² |
| 2014 | ¥671k/m² | ¥467k/m² | ¥390k/m² |
| 2015 | ¥692k/m² | ¥500k/m² | ¥465k/m² |
| 2016 | ¥714k/m² | ¥500k/m² | ¥530k/m² |
| 2017 | ¥723k/m² | ¥513k/m² | ¥550k/m² |
| 2018 | ¥743k/m² | ¥511k/m² | ¥540k/m² |
| 2019 | ¥718k/m² | ¥532k/m² | ¥500k/m² |
| 2020 | ¥733k/m² | ¥529k/m² | ¥540k/m² |
| 2021 | ¥814k/m² | ¥550k/m² | ¥610k/m² |
| 2022 | ¥900k/m² | ¥605k/m² | ¥540k/m² |
| 2023 | ¥904k/m² | ¥614k/m² | ¥660k/m² |
| 2024 | ¥1.0M/m² | ¥609k/m² | ¥710k/m² |
| 2025 | ¥1.0M/m² | ¥643k/m² | ¥650k/m² |
| 2026 (partial) | ¥1.0M/m² | ¥629k/m² | ¥790k/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥1.3M/m² | ¥650k/m² |
| 1 | ¥1.2M/m² | ¥694k/m² |
| 2 | ¥1.2M/m² | – |
| 3 | ¥1.3M/m² | – |
| 4 | ¥1.3M/m² | – |
| 5 | ¥1.1M/m² | – |
| 6 | ¥1.2M/m² | – |
| 7 | ¥1.2M/m² | – |
| 8 | ¥1.2M/m² | – |
| 9 | ¥1.3M/m² | – |
| 10 | ¥1.0M/m² | – |
| 11 | ¥1.1M/m² | – |
| 12 | ¥1.1M/m² | – |
| 13 | ¥1.0M/m² | – |
| 14 | ¥1.0M/m² | – |
| 15 | ¥950k/m² | – |
| 16 | ¥943k/m² | – |
| 17 | ¥933k/m² | – |
| 18 | ¥934k/m² | – |
| 19 | ¥900k/m² | – |
| 20 | ¥893k/m² | – |
| 21 | ¥704k/m² | – |
| 22 | ¥735k/m² | – |
| 23 | ¥750k/m² | – |
| 24 | ¥723k/m² | – |
| 25 | ¥725k/m² | – |
| 26 | ¥750k/m² | – |
| 27 | ¥862k/m² | – |
| 28 | ¥800k/m² | – |
| 29 | ¥832k/m² | – |
| 30 | ¥734k/m² | ¥543k/m² |
| 31 | ¥583k/m² | ¥369k/m² |
| 32 | ¥577k/m² | – |
| 33 | ¥507k/m² | ¥427k/m² |
| 34 | ¥620k/m² | ¥440k/m² |
| 35 | ¥613k/m² | – |
| 36 | ¥588k/m² | ¥569k/m² |
| 37 | ¥550k/m² | – |
| 38 | ¥604k/m² | ¥453k/m² |
| 39 | ¥550k/m² | – |
| 41 | ¥527k/m² | – |
| 47 | ¥603k/m² | – |
| 50 | ¥444k/m² | ¥417k/m² |
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
| Year | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|
| 2005 | ¥454k/m² | – | – |
| 2006 | ¥520k/m² | ¥545k/m² | – |
| 2007 | ¥487k/m² | ¥733k/m² | – |
| 2008 | ¥509k/m² | ¥650k/m² | – |
| 2009 | ¥457k/m² | ¥600k/m² | – |
| 2010 | ¥493k/m² | ¥727k/m² | – |
| 2011 | ¥469k/m² | ¥662k/m² | – |
| 2012 | ¥448k/m² | ¥625k/m² | – |
| 2013 | ¥446k/m² | ¥672k/m² | ¥857k/m² |
| 2014 | ¥500k/m² | ¥733k/m² | ¥900k/m² |
| 2015 | ¥523k/m² | ¥754k/m² | ¥900k/m² |
| 2016 | ¥527k/m² | ¥787k/m² | ¥900k/m² |
| 2017 | ¥586k/m² | ¥750k/m² | ¥987k/m² |
| 2018 | ¥544k/m² | ¥771k/m² | ¥960k/m² |
| 2019 | ¥607k/m² | ¥765k/m² | ¥1.0M/m² |
| 2020 | ¥547k/m² | ¥782k/m² | ¥1.0M/m² |
| 2021 | ¥613k/m² | ¥829k/m² | ¥1.0M/m² |
| 2022 | ¥615k/m² | ¥943k/m² | ¥1.1M/m² |
| 2023 | ¥667k/m² | ¥946k/m² | ¥1.3M/m² |
| 2024 | ¥700k/m² | ¥986k/m² | ¥1.2M/m² |
| 2025 | ¥730k/m² | ¥1.1M/m² | ¥1.3M/m² |
| 2026 (partial) | ¥776k/m² | ¥1.1M/m² | ¥1.4M/m² |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2005 | – | – | ¥471k/m² | – |
| 2006 | – | ¥389k/m² | ¥467k/m² | – |
| 2007 | – | ¥386k/m² | ¥536k/m² | – |
| 2008 | – | ¥355k/m² | ¥514k/m² | – |
| 2009 | – | ¥326k/m² | ¥463k/m² | – |
| 2010 | – | ¥355k/m² | ¥485k/m² | – |
| 2011 | – | ¥361k/m² | – | ¥482k/m² |
| 2012 | – | ¥311k/m² | – | ¥500k/m² |
| 2013 | – | ¥348k/m² | – | ¥495k/m² |
| 2014 | ¥318k/m² | ¥341k/m² | – | ¥500k/m² |
| 2015 | ¥286k/m² | ¥369k/m² | – | ¥536k/m² |
| 2016 | – | ¥375k/m² | – | ¥524k/m² |
| 2017 | – | ¥385k/m² | – | ¥540k/m² |
| 2018 | – | ¥392k/m² | – | ¥579k/m² |
| 2019 | – | ¥327k/m² | – | ¥568k/m² |
| 2020 | – | ¥338k/m² | – | ¥558k/m² |
| 2021 | – | ¥360k/m² | – | – |
| 2022 | – | ¥469k/m² | – | – |
| 2023 | – | ¥467k/m² | – | – |
| 2024 | – | ¥500k/m² | – | – |
| 2025 | – | ¥524k/m² | – | – |
Prices near train stations in Nakahara Ward, Kawasaki City
Sales from 2023–2025, grouped by nearest station.
| Station | Median used condo price | Condo price per m² | Median house price (land + building) | Walk (min) | Sales | Daily passengers (2023) |
|---|---|---|---|---|---|---|
| Musashi Kosugi (武蔵小杉) | ¥60.0M | ¥1.2M/m² | ¥99.0M | 7 | 362 | 410,467-15% vs 2019 |
| Motosumiyoshi (元住吉) | ¥32.0M | ¥1.0M/m² | ¥69.0M | 11 | 300 | 57,713-15% vs 2019 |
| Shin Maruko (新丸子) | ¥30.0M | ¥975k/m² | ¥75.0M | 5 | 253 | 25,587-7% vs 2019 |
| Musashi Nakahara (武蔵中原) | ¥32.5M | ¥765k/m² | ¥62.5M | 11 | 200 | 52,468-25% vs 2019 |
| Hirama (平間) | ¥27.0M | ¥775k/m² | ¥50.0M | 7 | 142 | 25,876-12% vs 2019 |
| Musashi Shinjo (武蔵新城) | ¥37.0M | ¥748k/m² | ¥61.0M | 7 | 109 | 67,008-10% vs 2019 |
| Mukaigawara (向河原) | ¥25.0M | ¥950k/m² | ¥64.0M | 7 | 69 | 13,780-46% vs 2019 |
| Kashimada (鹿島田) | ¥16.0M | ¥467k/m² | – | 11 | 20 | 32,452-15% vs 2019 |
| Hiyoshi(Kanagawa) (日吉(神奈川)) | – | – | ¥55.0M | 14 | 16 | 345,306+19% vs 2019 |
Used condo prices by layout in Nakahara Ward, Kawasaki City
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 1K | ¥24.0M | 20 m² | 354 |
| 3LDK | ¥60.0M | 70 m² | 299 |
| 2LDK | ¥58.0M | 55 m² | 146 |
| 1LDK | ¥42.0M | 40 m² | 56 |
| 1DK | ¥23.0M | 25 m² | 38 |
| 4LDK | ¥71.0M | 85 m² | 34 |
| 1R | ¥12.0M | 15 m² | 27 |
| 2DK | ¥27.0M | 45 m² | 24 |
How much does an apartment cost in Nakahara Ward, Kawasaki City?
The median used condo (mansion) in Nakahara Ward, Kawasaki City sold for ¥32.0M in 2025, about ¥1.0M/m², based on 371 recorded sales.
How much does a house cost in Nakahara Ward, Kawasaki City?
The median house sale, including the land, was ¥64.0M in 2025 across 144 sales.
Are property prices in Nakahara Ward, Kawasaki City going up?
Over the five years to 2025, condo prices per m² changed +42.7% and residential land prices changed +20.4%.
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.