Zuihoden, Sendai, Miyagi
Photo: Zuihoden, Sendai, Miyagi · Shino Nakamura / Unsplash

Taihaku Ward, Sendai City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 534

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 4.3% a year over the past five years, faster than the 2.5% a year of the five years before.

  2. 2
    Outperforming Miyagi

    Per m², condos here are 8% above the Miyagi average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 126% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    76% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥22.0M

median used condo · ¥354k/m²

11% above the Miyagi median

1 of 5 areas in Miyagi, highest first

Are prices rising?

+33.7%

over 5 years

Faster than Miyagi (+17.9%)

5 of 19 areas in Miyagi, highest first

Can local earners afford it?

5.7× income

median price ÷ average taxable income

In line with Miyagi (5.7×)

7 of 24 areas in Miyagi, highest first

Rent or buy?

34years of rent

median price ÷ a year of median rent

Longer than Miyagi (32)

8 of 24 areas in Miyagi, highest first

Are people moving in?

+1.4%

population, 2020–25

Growing while Miyagi shrinks (-3.2%)

2 of 24 areas in Miyagi, highest first

How risky is it?

50%

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

Higher than Miyagi (26%)

4 of 24 areas in Miyagi, highest first

Rent in Taihaku Ward, Sendai City

The average private rental costs ¥59k a month (2023), +4.8% since 2018. Miyagi: ¥57k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥44k
vs 2018 +2.7% · Miyagi: ¥46k
30–49 m²
1LDK / 2DK
¥57k
vs 2018 +3.3% · Miyagi: ¥56k
50–69 m²
2LDK / 3DK
¥69k
vs 2018 +6.8% · Miyagi: ¥65k
70–99 m²
3LDK / family
¥73k
vs 2018 +0.8% · Miyagi: ¥77k
100–149 m²
mostly houses
¥77k
vs 2018 +12.7% · Miyagi: ¥69k
150 m² +
mostly houses
¥81k
vs 2018 +41.6% · Miyagi: ¥61k
Rent per m²
¥1,419
median, per month · Miyagi: ¥1,469
The median used condo (¥22.0M, 70 m²) costs about 25 years of average rent for a similar-sized home (¥73k 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. 37,210 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 4.3% a year over the past five years, faster than the 2.5% 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 Miyagi

Per m², condos here are 8% above the Miyagi average. The premium has grown from 1% ten years ago, so Taihaku Ward, Sendai City has been outperforming its surroundings.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 126% 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

76% 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 ¥12.0M and ¥32.8M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 1.4% between 2020 and 2025 (−3.2% for the wider area). More people moved in than out in 2025, a net gain of about 4.6 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

11.8% of homes were empty in 2023 (12.4% for the wider area), and 2.2% 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 33.8 years of the area's median rent (¥54k a month), compared with 32.1 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.

High earthquake risk

The government's seismic model gives a 50% chance of shaking of intensity 6-lower or stronger in the next 30 years (26% 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 5.7 years of local income

Taxpayers in the city as a whole reported an average taxable income of ¥3.8m in 2023 (¥3.5m for the wider area). That is +15% since 2014. The median resale condo sold for about 5.7 times that, against 5.7 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 +4% in the year to January 2026 and +28% 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. 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 Taihaku Ward, Sendai City: people, homes and risks

Population 2025
238,052
+1.4% since 2020
Miyagi: -3.2%
Net moves in 2025
+1,098
+4.61 per 1,000 residents
Miyagi: -0.92
Vacant homes (2023)
11.8%
2.2% empty and not for rent or sale
Miyagi: 12.4%
Median rent (2023)
¥54k
per month, all rented homes
Miyagi: ¥52k
Strong earthquake risk
50.4%
chance of shaking of intensity 6-lower or more within 30 years
Miyagi: 26.3%
Average income per taxpayer
¥3.8M
taxable income in 2023, citywide figure
Miyagi: ¥3.5M
Daytime population
83
people here by day per 100 residents (2020 census)
Foreign residents
1.1%
2,474 registered residents in 2024
Miyagi: 1.3%
Clinics
7.1
per 10,000 residents; 9 hospitals, 101 dental clinics (2020)
Miyagi: 7.7
Official land price 2026
¥93k/m²
+4.3% in a year · +28.1% in 5 years
Miyagi: ¥78k/m²
Flood exposure
43.9%
of 57 benchmark sites in a worst-case flood zone (1.8% 3 m or deeper)
Miyagi: 36.2%
Landslide exposure
1.8%
of 57 benchmark sites in a landslide warning area
Miyagi: 1.5%

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 Taihaku Ward, Sendai 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-priced2026 Q1

¥11.0M

¥169k/m²

  • Yagiyamakasumicho
  • Yagiyama Zoological Park · 21 min walk
  • 3LDK · 65 m²
  • Built 1998 (28 yrs) · RC
Typical2025 Q4

¥22.0M

¥314k/m²

  • Kooriyama
  • Nagamachi · 9 min walk
  • 3LDK · 70 m²
  • Built 1982 (43 yrs) · SRC、RC
Higher-priced2025 Q4

¥36.0M

¥424k/m²

  • Nishinakada
  • Minami Sendai · 9 min walk
  • 3LDK · 85 m²
  • Built 1997 (28 yrs) · RC

House

Lower-priced2026 Q2

¥11.0M

¥129k/m²

  • Akiumachinagafukuro
  • Rikuzen Shirasawa
  • Land 1700 m² · floor 85 m²
  • Built 1998 (28 yrs) · Wood
Typical2025 Q4

¥34.0M

¥400k/m²

  • Higashikooriyama
  • Nagamachi · 21 min walk
  • Land 105 m² · floor 85 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q4

¥57.0M

¥133k/m²

  • Keiwamachi
  • Nagamachi Minami
  • Land 1200 m² · floor 430 m²
  • Built 1990 (35 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥11.0M¥25.0M
2007¥10.0M¥23.0M
2008¥9.9M¥23.0M
2009¥9.7M¥21.0M
2010¥8.1M¥20.0M
2011¥9.3M¥20.0M
2012¥11.0M¥22.0M
2013¥15.0M¥26.0M
2014¥15.0M¥27.0M
2015¥16.0M¥28.5M
2016¥16.0M¥27.5M
2017¥16.5M¥28.0M
2018¥17.0M¥30.0M
2019¥18.0M¥31.0M
2020¥17.0M¥30.0M
2021¥20.0M¥31.5M
2022¥20.0M¥31.0M
2023¥21.0M¥32.0M
2024¥21.0M¥32.0M
2025¥22.0M¥32.0M
2026 (partial)¥27.0M¥30.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 18% 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¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥160k/m²¥181k/m²¥51k/m²
2007¥165k/m²¥181k/m²¥47k/m²
2008¥169k/m²¥200k/m²¥51k/m²
2009¥155k/m²¥162k/m²¥56k/m²
2010¥121k/m²¥170k/m²¥58k/m²
2011¥146k/m²¥148k/m²¥52k/m²
2012¥157k/m²¥180k/m²¥53k/m²
2013¥229k/m²¥229k/m²¥53k/m²
2014¥233k/m²¥229k/m²¥46k/m²
2015¥246k/m²¥243k/m²¥55k/m²
2016¥246k/m²¥239k/m²¥50k/m²
2017¥252k/m²¥250k/m²¥63k/m²
2018¥267k/m²¥257k/m²¥80k/m²
2019¥277k/m²¥267k/m²¥80k/m²
2020¥265k/m²¥277k/m²¥70k/m²
2021¥311k/m²¥291k/m²¥80k/m²
2022¥295k/m²¥289k/m²¥80k/m²
2023¥320k/m²¥278k/m²¥85k/m²
2024¥314k/m²¥276k/m²¥90k/m²
2025¥354k/m²¥274k/m²¥110k/m²
2026 (partial)¥381k/m²¥263k/m²¥110k/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 15 years old and half by around 25.Houses bottom out at around 22 years — House prices per m² drop about 46% from new by age 22, 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¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥340k/m²
1–¥307k/m²
2–¥356k/m²
4¥600k/m²¥374k/m²
5¥607k/m²¥336k/m²
6¥632k/m²–
7¥576k/m²–
8¥509k/m²–
11–¥305k/m²
15¥440k/m²–
17¥453k/m²–
18¥453k/m²¥281k/m²
20¥353k/m²¥192k/m²
22¥340k/m²¥200k/m²
23¥314k/m²–
24¥282k/m²¥164k/m²
25¥338k/m²¥191k/m²
26¥285k/m²–
27¥300k/m²¥200k/m²
28¥263k/m²¥171k/m²
29¥229k/m²¥182k/m²
30¥216k/m²¥179k/m²
31¥165k/m²¥132k/m²
32¥170k/m²¥183k/m²
33¥190k/m²¥118k/m²
34¥188k/m²¥194k/m²
35¥271k/m²¥147k/m²
36¥246k/m²¥158k/m²
37–¥152k/m²
39–¥110k/m²
40–¥159k/m²
41–¥124k/m²
42–¥120k/m²
43–¥148k/m²
44–¥113k/m²
45–¥71k/m²
46–¥98k/m²
47–¥125k/m²
48–¥119k/m²
49–¥76k/m²
50–¥118k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k¥800k20062008201020122014201620182020202220242026

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
2006¥160k/m²––
2007¥149k/m²––
2008¥158k/m²––
2009¥127k/m²¥273k/m²–
2010¥114k/m²––
2011¥150k/m²––
2012¥150k/m²¥283k/m²–
2013¥200k/m²¥314k/m²–
2014¥229k/m²¥317k/m²–
2015¥217k/m²¥333k/m²–
2016¥231k/m²¥380k/m²–
2017¥227k/m²¥350k/m²–
2018¥218k/m²¥375k/m²–
2019¥243k/m²¥350k/m²–
2020¥203k/m²¥318k/m²¥469k/m²
2021¥259k/m²–¥543k/m²
2022¥248k/m²¥400k/m²–
2023¥235k/m²¥453k/m²–
2024¥250k/m²–¥615k/m²
2025¥257k/m²––
2026 (partial)¥300k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2006200820102012201420162018202020222024

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
2006¥107k/m²¥142k/m²¥291k/m²–
2007¥104k/m²¥138k/m²¥250k/m²–
2008¥109k/m²¥130k/m²¥238k/m²–
2009¥98k/m²¥120k/m²¥238k/m²–
2010¥88k/m²¥128k/m²¥229k/m²–
2011¥112k/m²¥105k/m²–¥225k/m²
2012¥98k/m²¥133k/m²–¥257k/m²
2013¥122k/m²¥160k/m²–¥276k/m²
2014¥114k/m²¥137k/m²–¥280k/m²
2015¥157k/m²¥146k/m²–¥286k/m²
2016¥118k/m²¥155k/m²–¥293k/m²
2017¥100k/m²¥154k/m²–¥286k/m²
2018¥116k/m²¥126k/m²–¥310k/m²
2019¥140k/m²¥138k/m²–¥311k/m²
2020¥92k/m²¥148k/m²¥229k/m²¥305k/m²
2021¥104k/m²¥135k/m²–¥326k/m²
2022¥90k/m²¥173k/m²–¥288k/m²
2023¥128k/m²¥165k/m²––
2024¥125k/m²¥146k/m²––
2025¥116k/m²¥144k/m²–¥305k/m²

Prices near train stations in Taihaku Ward, Sendai 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)
Nagamachi Minami (長町南)¥24.0M¥358k/m²¥26.0M1128821,788-7% vs 2019
Minami Sendai (南仙台)¥17.0M¥250k/m²¥33.0M1326719,036-5% vs 2019
Nagamachi (長町)¥35.0M¥472k/m²¥42.0M713136,568+0% vs 2019
Yagiyama Zoological Park (八木山動物公園)¥8.3M¥111k/m²¥23.5M149610,832-5% vs 2019
Tomizawa (富沢)¥24.0M¥347k/m²¥57.0M138716,026+4% vs 2019
Taishido (太子堂)¥22.5M¥376k/m²¥44.0M9838,236+5% vs 2019
Nagamachi Itchome (長町一丁目)¥18.0M¥255k/m²¥100M8588,176-3% vs 2019
Atago Bashi (愛宕橋)¥2.7M¥140k/m²¥22.5M19495,068-2% vs 2019
Sendai(Miyagi) (仙台)¥6.0M¥81k/m²¥19.0M–37336,112-2% vs 2019

Used condo prices by layout in Taihaku Ward, Sendai City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥23.0M70 m²209
4LDK¥22.0M80 m²62
2LDK¥20.0M60 m²59
1K¥2.7M20 m²11

How much does an apartment cost in Taihaku Ward, Sendai City?

The median used condo (mansion) in Taihaku Ward, Sendai City sold for ¥22.0M in 2025, about ¥354k/m², based on 114 recorded sales.

How much does a house cost in Taihaku Ward, Sendai City?

The median house sale, including the land, was ¥32.0M in 2025 across 261 sales.

Are property prices in Taihaku Ward, Sendai City going up?

Over the five years to 2025, condo prices per m² changed +33.7% and residential land prices changed +57.1%.

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.