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

Zama City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 293

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 3.4% a year over the past five years, faster than the 1% a year of the five years before.

  2. 2
    Lagging Kanagawa

    Per m², condos here are 51% 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 56% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    68% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥18.0M

median used condo · ¥282k/m²

51% below the Kanagawa median

39 of 41 areas in Kanagawa, highest first

Are prices rising?

+12.8%

over 5 years

Slower than Kanagawa (+28.6%)

40 of 49 areas in Kanagawa, highest first

Can local earners afford it?

4.9× income

median price ÷ average taxable income

Easier than Kanagawa (6.6×)

43 of 51 areas in Kanagawa, highest first

Rent or buy?

26years of rent

median price ÷ a year of median rent

Shorter than Kanagawa (35)

44 of 50 areas in Kanagawa, highest first

Are people moving in?

-0.3%

population, 2020–25

Shrinking slower than Kanagawa (-0.5%)

19 of 51 areas in Kanagawa, highest first

How risky is it?

60%

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

Higher than Kanagawa (56%)

21 of 51 areas in Kanagawa, highest first

Rent in Zama City

The average private rental costs ¥59k a month (2023), +2.2% since 2018. Kanagawa: ¥76k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥44k
vs 2018 -7.4% · Kanagawa: ¥59k
30–49 m²
1LDK / 2DK
¥59k
vs 2018 +5.1% · Kanagawa: ¥76k
50–69 m²
2LDK / 3DK
¥74k
vs 2018 +2.6% · Kanagawa: ¥93k
70–99 m²
3LDK / family
¥81k
vs 2018 +20.3% · Kanagawa: ¥109k
100–149 m²
mostly houses
¥71k
vs 2018 -7.7% · Kanagawa: ¥109k
Rent per m²
¥1,500
median, per month · Kanagawa: ¥2,085
The median used condo (¥18.0M, 65 m²) costs about 20 years of average rent for a similar-sized home (¥74k 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. 16,010 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 3.4% a year over the past five years, faster than the 1% 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.

Lagging Kanagawa

Per m², condos here are 51% below the Kanagawa average. Ten years ago the gap was 40%, so Zama 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 56% 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

68% 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 12% 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 ¥11.0M and ¥25.0M. Listings outside that range are either unusual properties or worth a closer look.

A stable population

The population was roughly stable between 2020 and 2025 (−0.5% for the wider area). More people moved in than out in 2025, a net gain of about 5.7 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

11.1% of homes were empty in 2023 (9.8% for the wider area), and 3.1% 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.

Buying vs renting

A median used condo costs about 25.9 years of the area's median rent (¥58k 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.

High earthquake risk

The government's seismic model gives a 60% 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.

A typical condo costs 4.9 years of local income

Taxpayers here reported an average taxable income of ¥3.6m in 2023 (¥4.4m for the wider area). That is +14% since 2014. The median resale condo sold for about 4.9 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 +12% 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, 24% are inside the worst-case flood zone. 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 Zama City: people, homes and risks

Population 2025
131,897
-0.3% since 2020
Kanagawa: -0.5%
Net moves in 2025
+749
+5.68 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
11.1%
3.1% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥58k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
60.1%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Average income per taxpayer
¥3.6M
taxable income in 2023
Kanagawa: ¥4.4M
Daytime population
88
people here by day per 100 residents (2020 census)
Foreign residents
3.2%
4,140 registered residents in 2024
Kanagawa: 3.1%
Clinics
4.2
per 10,000 residents; 4 hospitals, 66 dental clinics (2020)
Kanagawa: 7.6
Official land price 2026
¥175k/m²
+3.3% in a year · +11.8% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
23.5%
of 17 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Kanagawa: 25.9%
Landslide exposure
0.0%
of 17 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 Zama 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

¥9.0M

¥150k/m²

  • Iriyahigashi
  • Zama · 6 min walk
  • 3LDK · 60 m²
  • Built 1988 (37 yrs) · RC
Typical2026 Q1

¥17.0M

¥243k/m²

  • Kurihara
  • Sobudai Mae · 14 min walk
  • 3LDK · 70 m²
  • Built 2000 (26 yrs) · RC
Higher-priced2025 Q4

¥30.0M

¥462k/m²

  • Sagamigaoka
  • Odakyu Sagamihara · 13 min walk
  • 3LDK · 65 m²
  • Built 1992 (33 yrs) · RC

House

Lower-priced2026 Q1

¥24.0M

¥267k/m²

  • Zama
  • Sobudaishita · 9 min walk
  • Land 100 m² · floor 90 m²
  • Built 2000 (26 yrs)
Typical2026 Q2

¥36.0M

¥480k/m²

  • Sagamigaoka
  • Odakyu Sagamihara · 20 min walk
  • Land 75 m² · floor 75 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2025 Q4

¥45.0M

¥429k/m²

  • Midorigaoka
  • Sobudai Mae · 12 min walk
  • Land 100 m² · floor 105 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥12.0M¥30.0M
2008¥14.0M¥32.0M
2009¥16.0M¥27.5M
2010¥15.0M¥29.0M
2011¥13.0M¥26.0M
2012¥12.0M¥26.0M
2013¥11.0M¥27.0M
2014¥13.0M¥26.0M
2015¥13.0M¥26.0M
2016¥14.0M¥27.0M
2017¥15.0M¥31.0M
2018¥13.0M¥29.5M
2019¥13.0M¥28.0M
2020¥15.0M¥27.0M
2021¥16.0M¥31.0M
2022¥17.0M¥32.0M
2023¥16.0M¥31.0M
2024¥15.0M¥33.0M
2025¥18.0M¥36.0M
2026 (partial)¥17.0M¥32.5M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 20% more than a condo here, which usually means land is scarce and houses are a premium product.
¥0¥100k¥200k¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥215k/m²¥295k/m²¥160k/m²
2008¥222k/m²¥323k/m²¥160k/m²
2009¥236k/m²¥290k/m²¥140k/m²
2010¥240k/m²¥295k/m²¥150k/m²
2011¥222k/m²¥263k/m²¥140k/m²
2012¥218k/m²¥270k/m²¥130k/m²
2013¥213k/m²¥253k/m²¥160k/m²
2014¥227k/m²¥267k/m²¥140k/m²
2015¥214k/m²¥242k/m²¥140k/m²
2016¥217k/m²¥272k/m²¥130k/m²
2017¥245k/m²¥311k/m²¥130k/m²
2018¥214k/m²¥300k/m²¥160k/m²
2019¥214k/m²¥290k/m²¥130k/m²
2020¥250k/m²¥289k/m²¥140k/m²
2021¥275k/m²¥316k/m²¥140k/m²
2022¥283k/m²¥300k/m²¥160k/m²
2023¥283k/m²¥341k/m²¥165k/m²
2024¥267k/m²¥332k/m²¥170k/m²
2025¥282k/m²¥329k/m²¥160k/m²
2026 (partial)¥262k/m²¥305k/m²–
Price per m² by building age (2021–2025 sales)Houses bottom out at around 28 years — House prices per m² drop about 52% from new by age 28, 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¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥400k/m²
1–¥357k/m²
13¥386k/m²–
22¥354k/m²¥229k/m²
23¥350k/m²–
24¥357k/m²¥290k/m²
25¥383k/m²¥220k/m²
26¥277k/m²–
27¥283k/m²–
28¥338k/m²¥191k/m²
29¥224k/m²¥188k/m²
30¥206k/m²–
31¥287k/m²¥220k/m²
32¥240k/m²–
33¥192k/m²–
34¥180k/m²¥200k/m²
35¥213k/m²¥179k/m²
36¥180k/m²¥200k/m²
37¥240k/m²¥234k/m²
38¥201k/m²¥238k/m²
44–¥176k/m²
46¥215k/m²–
50–¥200k/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¥214k/m²–
2008¥200k/m²¥357k/m²
2009¥187k/m²¥433k/m²
2010¥200k/m²¥427k/m²
2011¥200k/m²¥325k/m²
2012¥200k/m²¥293k/m²
2013¥200k/m²–
2014¥226k/m²–
2015¥200k/m²–
2016¥214k/m²–
2017¥211k/m²¥336k/m²
2018¥188k/m²¥338k/m²
2019¥200k/m²–
2020¥250k/m²–
2021¥218k/m²¥385k/m²
2022¥255k/m²–
2023¥295k/m²–
2024¥229k/m²–
2025¥273k/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¥223k/m²¥347k/m²–
2008¥232k/m²¥354k/m²–
2009¥214k/m²¥326k/m²–
2010¥206k/m²¥333k/m²–
2011¥194k/m²–¥316k/m²
2012¥176k/m²–¥309k/m²
2013¥192k/m²–¥295k/m²
2014¥179k/m²–¥300k/m²
2015¥171k/m²–¥300k/m²
2016¥186k/m²–¥311k/m²
2017¥173k/m²–¥330k/m²
2018¥176k/m²–¥326k/m²
2019¥200k/m²–¥318k/m²
2020¥162k/m²–¥316k/m²
2021¥167k/m²–¥316k/m²
2022¥200k/m²––
2023¥218k/m²––
2024¥185k/m²––
2025¥226k/m²––

Prices near train stations in Zama 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)
Odakyu Sagamihara (小田急相模原)¥21.5M¥340k/m²¥38.0M1215951,545-10% vs 2019
Zama (座間)¥12.5M¥218k/m²¥34.0M1212818,462-11% vs 2019
Sobudai Mae (相武台前)¥19.0M¥338k/m²¥34.5M1112735,238-13% vs 2019
Sagamino (さがみ野)¥22.0M¥275k/m²¥31.0M148833,545-10% vs 2019
Minami Rinkan (南林間)¥12.0M¥229k/m²¥26.0M235930,426-11% vs 2019
Kashiwadai (かしわ台)––¥33.0M143617,194-8% vs 2019
Iriya(Kanagawa) (入谷(神奈川))––¥26.5M1022–
Tsuruma (鶴間)––¥27.5M241528,174-7% vs 2019
Sobudaishita (相武台下)––¥29.0M1214–

Used condo prices by layout in Zama City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥22.0M65 m²144
1K¥3.4M15 m²29
2LDK¥14.0M60 m²29
4LDK¥24.0M80 m²23
2DK¥6.5M45 m²11
3DK¥7.4M50 m²10

How much does an apartment cost in Zama City?

The median used condo (mansion) in Zama City sold for ¥18.0M in 2025, about ¥282k/m², based on 96 recorded sales.

How much does a house cost in Zama City?

The median house sale, including the land, was ¥36.0M in 2025 across 131 sales.

Are property prices in Zama City going up?

Over the five years to 2025, condo prices per m² changed +12.8% and residential land prices changed +14.3%.

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.