Matsumoto Castle, Matsumoto, Nagano
Photo: Matsumoto Castle, Matsumoto, Nagano · Nakaharu Line / Unsplash

Komagane City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 76

In short

  1. 1
    The trend has turned down

    After rising earlier, house prices per m² have slipped by about 1.8% a year over the last five years.

  2. 2
    Lagging Nagano

    Per m², houses here are 25% below the Nagano average.

  3. 3
    What a typical purchase costs

    Half of all house sales last year were between ¥4.0M and ¥16.5M.

  4. 4
    A shrinking population

    The population fell 4.1% between 2020 and 2025 (−4.5% for the wider area).

The answers, compared

What does a home cost?

¥8.2M

median house · ¥63k/m²

48% below the Nagano median

18 of 22 areas in Nagano, highest first

Are prices rising?

-43.2%

over 5 years

Slower than Nagano (+19.2%)

23 of 28 areas in Nagano, highest first

Can local earners afford it?

2.5× income

median price ÷ average taxable income

Easier than Nagano (7.0×)

22 of 24 areas in Nagano, highest first

Rent or buy?

16years of rent

median price ÷ a year of median rent

Shorter than Nagano (41)

19 of 22 areas in Nagano, highest first

Are people moving in?

-4.1%

population, 2020–25

Shrinking slower than Nagano (-4.5%)

16 of 30 areas in Nagano, highest first

How risky is it?

31%

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

Higher than Nagano (20%)

9 of 30 areas in Nagano, highest first

Rent in Komagane City

The average private rental costs ¥45k a month (2023), -0.8% since 2018. Nagano: ¥52k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥41k
vs 2018 +11.5% · Nagano: ¥42k
30–49 m²
1LDK / 2DK
¥44k
vs 2018 -3.3% · Nagano: ¥51k
50–69 m²
2LDK / 3DK
¥53k
vs 2018 +1.4% · Nagano: ¥59k
Rent per m²
¥1,250
median, per month · Nagano: ¥1,269

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. 2,820 rented homes.

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 1.8% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Nagano

Per m², houses here are 25% below the Nagano average. Ten years ago the gap was 18%, so Komagane City has been falling behind the rest of Nagano.

What a typical purchase costs

Half of all house sales last year were between ¥4.0M and ¥16.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4.1% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 3.6% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

17.2% of homes were empty in 2023 (20.1% for the wider area), and 7.6% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Moderate earthquake risk

The government's seismic model gives a 31% chance of shaking of intensity 6-lower or stronger in the next 30 years (20% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.3m in 2023 (¥3.4m for the wider area). That is +15% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

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 Komagane City: people, homes and risks

Population 2025
30,890
-4.1% since 2020
Nagano: -4.5%
Net moves in 2025
+44
+1.42 per 1,000 residents
Nagano: -0.72
Vacant homes (2023)
17.2%
7.6% empty and not for rent or sale
Nagano: 20.1%
Median rent (2023)
¥41k
per month, all rented homes
Nagano: ¥49k
Strong earthquake risk
31.4%
chance of shaking of intensity 6-lower or more within 30 years
Nagano: 19.8%
Average income per taxpayer
¥3.3M
taxable income in 2023
Nagano: ¥3.4M
Daytime population
104
people here by day per 100 residents (2020 census)
Foreign residents
2.7%
858 registered residents in 2024
Nagano: 2.3%
Clinics
10.7
per 10,000 residents; 3 hospitals, 14 dental clinics (2020)
Nagano: 8.3
Official land price 2026
¥21k/m²
-0.8% in a year · – in 5 years
Nagano: ¥30k/m²
Flood exposure
0.0%
of 5 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Nagano: 55.7%
Landslide exposure
0.0%
of 5 benchmark sites in a landslide warning area
Nagano: 7.5%

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 Komagane 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.

House

Lower-priced2025 Q3

¥3.0M

¥24k/m²

  • Shimodaira
  • Komagane
  • Land 310 m² · floor 125 m²
  • Built 1976 (49 yrs) · Wood
Typical2025 Q3

¥9.8M

¥103k/m²

  • Akaho
  • Ina Fukuoka
  • Land 530 m² · floor 95 m²
  • Built 2002 (23 yrs) · Wood
Higher-priced2026 Q1

¥25.0M

¥263k/m²

  • Akaho
  • Komachiya · 12 min walk
  • Land 270 m² · floor 95 m²
  • Built 2016 (10 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥11.5M
2009–
2010¥13.0M
2011¥10.0M
2012¥19.5M
2013¥10.5M
2014¥14.0M
2015¥13.0M
2016¥13.0M
2017¥13.0M
2018¥19.0M
2019¥13.0M
2020¥18.5M
2021¥12.0M
2022¥11.0M
2023¥8.3M
2024¥15.0M
2025¥8.2M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥16k/m²
2008¥89k/m²¥23k/m²
2009–¥13k/m²
2010¥95k/m²¥15k/m²
2011¥90k/m²¥21k/m²
2012¥131k/m²¥17k/m²
2013¥80k/m²¥11k/m²
2014¥86k/m²¥17k/m²
2015¥76k/m²¥12k/m²
2016¥96k/m²¥15k/m²
2017¥62k/m²¥14k/m²
2018¥107k/m²¥17k/m²
2019¥80k/m²¥12k/m²
2020¥118k/m²¥14k/m²
2021¥80k/m²¥12k/m²
2022¥83k/m²¥8k/m²
2023¥42k/m²¥16k/m²
2024¥117k/m²¥13k/m²
2025¥63k/m²¥8k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥300k/m²
50¥27k/m²

Prices near train stations in Komagane 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)
Komagane (駒ケ根)––¥7.5M1441895-6% vs 2019
Komachiya (小町屋)––¥9.2M12381,237-3% vs 2019
Ina Fukuoka (伊那福岡)––¥13.0M1417606-6% vs 2019
Otagiri (大田切)––¥11.8M1214226+12% vs 2019

How much does a house cost in Komagane City?

The median house sale, including the land, was ¥8.2M in 2025 across 44 sales.

Are property prices in Komagane City going up?

Over the five years to 2025, residential land prices changed -43.2%.

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.