Nara
Photo: Nara · Timo Volz / Unsplash

Kashiba City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 139

In short

  1. 1
    The trend has turned down

    After rising earlier, house prices per m² have slipped by about 3.1% a year over the last five years.

  2. 2
    Outperforming Nara

    Per m², houses here are 25% above the Nara average.

  3. 3
    A modest station premium

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

  4. 4
    Sales are thinning out

    Transactions are down about 19% on the previous three years.

The answers, compared

What does a home cost?

¥34.0M

median house · ¥215k/m²

43% above the Nara median

1 of 10 areas in Nara, highest first

Are prices rising?

+25.8%

over 5 years

Slower than Nara (+31.0%)

6 of 12 areas in Nara, highest first

Can local earners afford it?

8.2× income

median price ÷ average taxable income

Harder than Nara (4.9×)

1 of 14 areas in Nara, highest first

Rent or buy?

46years of rent

median price ÷ a year of median rent

Longer than Nara (30)

1 of 14 areas in Nara, highest first

Are people moving in?

-0.9%

population, 2020–25

Shrinking slower than Nara (-4.2%)

2 of 15 areas in Nara, highest first

How risky is it?

33%

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

Lower than Nara (48%)

10 of 15 areas in Nara, highest first

Rent in Kashiba City

The average private rental costs ¥60k a month (2023), -2.0% since 2018. Nara: ¥58k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥55k
vs 2018 +35.2% · Nara: ¥41k
30–49 m²
1LDK / 2DK
¥58k
vs 2018 +5.1% · Nara: ¥52k
50–69 m²
2LDK / 3DK
¥59k
vs 2018 -7.9% · Nara: ¥64k
70–99 m²
3LDK / family
¥70k
vs 2018 +2.8% · Nara: ¥82k
100–149 m²
mostly houses
¥63k
vs 2018 +2.4% · Nara: ¥60k
Rent per m²
¥1,178
median, per month · Nara: ¥1,259

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. 6,800 rented homes.

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 3.1% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Outperforming Nara

Per m², houses here are 25% above the Nara average. The premium has grown from 14% ten years ago, so Kashiba City has been outperforming its surroundings.

A modest station premium

Houses within a 5-minute walk of a station sell for about 5% more per m² than those 11–15 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

Sales are thinning out

Transactions are down about 19% 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 house sales last year were between ¥14.0M and ¥41.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 0.9% between 2020 and 2025 (−4.2% for the wider area). More people moved out than in during 2025 (about 2.3 per 1,000 residents), which weakens long-term housing demand. Households still grew 2.6% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

6.9% of homes were empty in 2023 (14.6% for the wider area), and 3.8% 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 33% chance of shaking of intensity 6-lower or stronger in the next 30 years (48% 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 ¥4.1m in 2023 (¥3.8m for the wider area). That is +13% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +0% in the year to January 2026 and 0% over five years. They are still 62% 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, 19% 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 Kashiba City: people, homes and risks

Population 2025
77,442
-0.9% since 2020
Nara: -4.2%
Net moves in 2025
-175
-2.26 per 1,000 residents
Nara: -0.84
Vacant homes (2023)
6.9%
3.8% empty and not for rent or sale
Nara: 14.6%
Median rent (2023)
¥62k
per month, all rented homes
Nara: ¥53k
Strong earthquake risk
32.8%
chance of shaking of intensity 6-lower or more within 30 years
Nara: 47.5%
Average income per taxpayer
¥4.1M
taxable income in 2023
Nara: ¥3.8M
Daytime population
79
people here by day per 100 residents (2020 census)
Foreign residents
0.9%
733 registered residents in 2024
Nara: 1.4%
Clinics
7.6
per 10,000 residents; 4 hospitals, 41 dental clinics (2020)
Nara: 9.7
Official land price 2026
¥73k/m²
+0.2% in a year · -0.1% in 5 years
Nara: ¥66k/m²
Flood exposure
19.0%
of 21 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Nara: 32.5%
Landslide exposure
0.0%
of 21 benchmark sites in a landslide warning area
Nara: 4.9%

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 Kashiba 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 Q2

¥15.0M

¥273k/m²

  • Anamushi
  • Nijo(Nara) · 3 min walk
  • 2LDK · 55 m²
  • Built 2005 (21 yrs) · RC
Typical2026 Q2

¥23.0M

¥271k/m²

  • Shimodanishi
  • Kashiba · 6 min walk
  • 4LDK · 85 m²
  • Built 2000 (26 yrs) · RC
Higher-priced2025 Q3

¥29.0M

¥387k/m²

  • Nishimami
  • Goido · 10 min walk
  • 3LDK · 75 m²
  • Built 2003 (22 yrs) · RC

House

Lower-priced2026 Q2

¥10.0M

¥100k/m²

  • Kaminaka
  • Shizumi · 6 min walk
  • Land 100 m² · floor 100 m²
  • Built 2001 (25 yrs) · Wood
Typical2025 Q4

¥34.0M

¥340k/m²

  • Kitsui
  • Kintetsu Shimoda · 6 min walk
  • Land 120 m² · floor 100 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2026 Q1

¥46.0M

¥418k/m²

  • Sumireno
  • Goido · 11 min walk
  • Land 150 m² · floor 110 m²
  • Built 2016 (10 yrs) · Wood
Median transaction price by yearA jump driven by what sold — The median house price rose 28% between 2023 and 2025. Per m², prices rose only 1%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 68 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥29.0M
2008–¥29.0M
2009¥15.5M¥27.0M
2010¥18.0M¥27.0M
2011–¥25.0M
2012–¥24.0M
2013–¥25.0M
2014–¥23.0M
2015–¥22.0M
2016–¥28.0M
2017–¥23.0M
2018–¥24.0M
2019–¥23.5M
2020–¥26.0M
2021–¥22.0M
2022–¥22.0M
2023–¥26.5M
2024–¥19.0M
2025–¥34.0M
2026 (partial)–¥27.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007–¥257k/m²¥78k/m²
2008–¥228k/m²¥51k/m²
2009¥234k/m²¥233k/m²¥76k/m²
2010¥262k/m²¥214k/m²¥73k/m²
2011–¥213k/m²¥66k/m²
2012–¥200k/m²¥74k/m²
2013–¥209k/m²¥81k/m²
2014–¥190k/m²¥68k/m²
2015–¥187k/m²¥82k/m²
2016–¥232k/m²¥76k/m²
2017–¥215k/m²¥88k/m²
2018–¥200k/m²¥87k/m²
2019–¥200k/m²¥72k/m²
2020–¥213k/m²¥80k/m²
2021–¥200k/m²¥73k/m²
2022–¥177k/m²¥75k/m²
2023–¥213k/m²¥83k/m²
2024–¥138k/m²¥86k/m²
2025–¥215k/m²¥100k/m²
2026 (partial)–¥195k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥350k/m²
1¥364k/m²
20¥183k/m²
28¥184k/m²
35¥138k/m²
40¥92k/m²
42¥99k/m²
50¥82k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k200720092011201320152017201920212023

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–¥295k/m²–
2008¥143k/m²¥314k/m²–
2009¥147k/m²¥300k/m²–
2010¥133k/m²¥295k/m²–
2011¥120k/m²–¥294k/m²
2012¥122k/m²–¥290k/m²
2013¥140k/m²–¥295k/m²
2014¥113k/m²–¥290k/m²
2015¥133k/m²–¥276k/m²
2016¥124k/m²–¥300k/m²
2017¥130k/m²–¥271k/m²
2018¥138k/m²–¥310k/m²
2019¥124k/m²–¥300k/m²
2020––¥319k/m²
2021¥109k/m²––
2022¥142k/m²––
2023¥185k/m²––
2024¥113k/m²––

Prices near train stations in Kashiba 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)
Goido (五位堂)¥24.0M¥331k/m²¥33.0M125923,742-12% vs 2019
Nijo(Nara) (二上)––¥22.0M9468,860-5% vs 2019
Kintetsu Shimoda (近鉄下田)––¥25.0M10294,430-15% vs 2019
Shizumi (志都美)––¥17.5M12293,502-12% vs 2019
Sekiya(Nara) (関屋(奈良))––¥11.0M11203,097-25% vs 2019
JR Goido (JR五位堂)––¥26.5M918–
Kashiba (香芝)––¥39.0M12162,796-12% vs 2019

Used condo prices by layout in Kashiba City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥24.0M75 m²16

How much does a house cost in Kashiba City?

The median house sale, including the land, was ¥34.0M in 2025 across 68 sales.

Are property prices in Kashiba City going up?

Over the five years to 2025, residential land prices changed +25.8%.

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.