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Kashihara City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 200

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 0.2% a year, down from 5% a year in the previous five years.

  2. 2
    Lagging Nara

    Per m², condos here are 13% below the Nara average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 38% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    79% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥14.5M

median used condo · ¥189k/m²

28% below the Nara median

4 of 4 areas in Nara, highest first

Are prices rising?

-5.7%

over 5 years

Slower than Nara (+31.0%)

10 of 12 areas in Nara, highest first

Can local earners afford it?

4.0× income

median price ÷ average taxable income

Easier than Nara (4.9×)

12 of 14 areas in Nara, highest first

Rent or buy?

23years of rent

median price ÷ a year of median rent

Shorter than Nara (30)

12 of 14 areas in Nara, highest first

Are people moving in?

-2.7%

population, 2020–25

Shrinking slower than Nara (-4.2%)

7 of 15 areas in Nara, highest first

How risky is it?

70%

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

Higher than Nara (48%)

2 of 15 areas in Nara, highest first

Rent in Kashihara City

The average private rental costs ¥56k a month (2023), +5.9% since 2018. Nara: ¥58k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥42k
vs 2018 +4.1% · Nara: ¥41k
30–49 m²
1LDK / 2DK
¥54k
vs 2018 +6.0% · Nara: ¥52k
50–69 m²
2LDK / 3DK
¥61k
vs 2018 +0.4% · Nara: ¥64k
70–99 m²
3LDK / family
¥70k
vs 2018 +15.6% · Nara: ¥82k
100–149 m²
mostly houses
¥69k
vs 2018 +23.0% · Nara: ¥60k
Rent per m²
¥1,296
median, per month · Nara: ¥1,259
The median used condo (¥14.5M, 70 m²) costs about 17 years of average rent for a similar-sized home (¥70k 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. 13,060 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 0.2% a year, down from 5% a year in the previous five years. This looks more like a maturing market than a turning point, and it gives buyers a bit more room to negotiate.

Lagging Nara

Per m², condos here are 13% below the Nara average. Ten years ago the gap was 6%, so Kashihara City has been falling behind the rest of Nara.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 38% 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

79% 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 11% 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 ¥9.5M and ¥23.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.7% between 2020 and 2025 (−4.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 1.2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

10.8% of homes were empty in 2023 (14.6% for the wider area), and 3.5% 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 22.9 years of the area's median rent (¥53k a month), compared with 30.1 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 70% chance of shaking of intensity 6-lower or stronger in the next 30 years (48% 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 4.0 years of local income

Taxpayers here reported an average taxable income of ¥3.7m in 2023 (¥3.8m for the wider area). That is +15% since 2014. The median resale condo sold for about 4.0 times that, against 4.9 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 edging up

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +1% in the year to January 2026 and +3% 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, 61% 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 Kashihara City: people, homes and risks

Population 2025
117,697
-2.7% since 2020
Nara: -4.2%
Net moves in 2025
-56
-0.48 per 1,000 residents
Nara: -0.84
Vacant homes (2023)
10.8%
3.5% empty and not for rent or sale
Nara: 14.6%
Median rent (2023)
¥53k
per month, all rented homes
Nara: ¥53k
Strong earthquake risk
70.2%
chance of shaking of intensity 6-lower or more within 30 years
Nara: 47.5%
Average income per taxpayer
¥3.7M
taxable income in 2023
Nara: ¥3.8M
Daytime population
94
people here by day per 100 residents (2020 census)
Foreign residents
1.4%
1,635 registered residents in 2024
Nara: 1.4%
Clinics
10.1
per 10,000 residents; 8 hospitals, 71 dental clinics (2020)
Nara: 9.7
Official land price 2026
¥81k/m²
+0.7% in a year · +2.9% in 5 years
Nara: ¥66k/m²
Flood exposure
61.3%
of 31 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Nara: 32.5%
Landslide exposure
0.0%
of 31 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 Kashihara 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 Q3

¥8.0M

¥107k/m²

  • Misecho
  • Kashiharajingu Mae · 5 min walk
  • 4LDK · 75 m²
  • Built 1981 (44 yrs) · SRC
Typical2026 Q2

¥13.0M

¥186k/m²

  • Hokkeijicho
  • Miminashi · 8 min walk
  • 3LDK · 70 m²
  • Built 1991 (35 yrs) · RC
Higher-priced2026 Q2

¥27.0M

¥386k/m²

  • Jobonjicho
  • Yamato Yagi · 8 min walk
  • 3LDK · 70 m²
  • Built 2001 (25 yrs) · RC

House

Lower-priced2026 Q1

¥4.0M

¥47k/m²

  • Tooichicho
  • Ninokuchi · 11 min walk
  • Land 115 m² · floor 85 m²
  • Built 1980 (46 yrs) · Wood
Typical2025 Q4

¥15.0M

¥143k/m²

  • Nakazoshicho
  • Masuga · 9 min walk
  • Land 140 m² · floor 105 m²
  • Built 1971 (54 yrs) · Wood
Higher-priced2025 Q4

¥28.0M

¥280k/m²

  • Nakazoshicho
  • Masuga · 6 min walk
  • Land 90 m² · floor 100 m²
  • Built 2022 (3 yrs) · Wood
Median transaction price by year2026 so far: treat with caution — The 2026 figure (shaded) is 58% below 2025, but it covers only part of the year and 30 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥26.0M
2008¥9.5M¥25.0M
2009¥12.0M¥24.0M
2010¥8.9M¥20.0M
2011¥11.0M¥24.0M
2012¥11.5M¥21.0M
2013¥8.6M¥19.0M
2014¥12.0M¥19.0M
2015¥10.5M¥23.0M
2016¥10.5M¥23.0M
2017¥11.0M¥21.0M
2018¥10.5M¥20.5M
2019¥16.5M¥25.0M
2020¥13.0M¥22.0M
2021¥13.5M¥17.0M
2022¥14.5M¥23.0M
2023¥12.5M¥20.0M
2024¥15.5M¥16.5M
2025¥14.5M¥24.0M
2026 (partial)–¥10.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 24% 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¥300k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007–¥227k/m²¥66k/m²
2008¥166k/m²¥189k/m²¥67k/m²
2009¥171k/m²¥204k/m²¥64k/m²
2010¥140k/m²¥168k/m²¥87k/m²
2011¥158k/m²¥200k/m²¥88k/m²
2012¥177k/m²¥179k/m²¥80k/m²
2013¥133k/m²¥140k/m²¥78k/m²
2014¥185k/m²¥155k/m²¥70k/m²
2015¥153k/m²¥157k/m²¥74k/m²
2016¥150k/m²¥200k/m²¥76k/m²
2017¥150k/m²¥176k/m²¥75k/m²
2018¥165k/m²¥137k/m²¥63k/m²
2019¥230k/m²¥236k/m²¥62k/m²
2020¥200k/m²¥165k/m²¥76k/m²
2021¥185k/m²¥133k/m²¥68k/m²
2022¥198k/m²¥172k/m²¥66k/m²
2023¥172k/m²¥180k/m²¥85k/m²
2024¥238k/m²¥142k/m²¥70k/m²
2025¥189k/m²¥184k/m²¥84k/m²
2026 (partial)–¥82k/m²¥93k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥324k/m²
1–¥285k/m²
28¥185k/m²¥138k/m²
29¥215k/m²¥73k/m²
30¥182k/m²–
31¥162k/m²–
32¥173k/m²–
46–¥86k/m²
48–¥56k/m²
49–¥70k/m²
50–¥80k/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
Year1971-19801981-20002001-20102011-2020
2007¥98k/m²¥121k/m²¥310k/m²–
2008–¥124k/m²¥300k/m²–
2009–¥138k/m²¥264k/m²–
2010–¥113k/m²¥251k/m²–
2011–¥86k/m²–¥293k/m²
2012¥110k/m²¥107k/m²–¥267k/m²
2013¥74k/m²¥90k/m²–¥256k/m²
2014¥81k/m²¥98k/m²–¥238k/m²
2015–¥100k/m²–¥311k/m²
2016–¥102k/m²–¥278k/m²
2017–¥119k/m²–¥270k/m²
2018¥85k/m²¥92k/m²–¥286k/m²
2019–¥103k/m²–¥285k/m²
2020–¥103k/m²–¥302k/m²
2021¥55k/m²¥94k/m²––
2022–¥109k/m²––
2023–¥121k/m²––
2024¥73k/m²¥97k/m²––
2025¥61k/m²–––

Prices near train stations in Kashihara 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)
Yamato Yagi (大和八木)¥19.0M¥253k/m²¥23.0M118927,605-12% vs 2019
Kashiharajingu Mae (橿原神宮前)¥12.5M¥194k/m²¥26.0M86417,139-4% vs 2019
Masuga (真菅)––¥11.5M10554,553-10% vs 2019
Ninokuchi (新ノ口)––¥25.0M12434,0170% vs 2019
Miminashi (耳成)––¥22.0M10423,544-8% vs 2019
Okadera (岡寺)––¥20.5M8251,273-7% vs 2019
Bojo (坊城)––¥9.6M8242,570-18% vs 2019
Unebi (畝傍)––¥24.5M10181,138+15% vs 2019
Unebigoryomae (畝傍御陵前)––¥17.0M9173,504-13% vs 2019
Kashiharajingu Nishiguchi (橿原神宮西口)––¥24.0M5141,764-17% vs 2019
Yagi Nishiguchi (八木西口)–––9125,369-8% vs 2019

Used condo prices by layout in Kashihara City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥13.0M70 m²61
2LDK¥15.0M65 m²18
4LDK¥24.0M80 m²12

How much does an apartment cost in Kashihara City?

The median used condo (mansion) in Kashihara City sold for ¥14.5M in 2025, about ¥189k/m², based on 34 recorded sales.

How much does a house cost in Kashihara City?

The median house sale, including the land, was ¥24.0M in 2025 across 99 sales.

Are property prices in Kashihara City going up?

Over the five years to 2025, condo prices per m² changed -5.7% and residential land prices changed +10.5%.

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.