Ginowan City Housing Market Report 2026
Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 80
In short
- 1Sales are picking up
There were about 13% more transactions in the last three years than the three before, so the market is liquid and selling later should be easier.
- 2What a typical purchase costs
Half of all house sales last year were between ¥39.5M and ¥75.0M.
- 3A stable population
The population was roughly stable between 2020 and 2025 (+0.1% for the wider area).
- 4Few abandoned homes
7% of homes were empty in 2023 (9.3% for the wider area), and 2.8% were empty without being for rent, for sale or used as second homes.
The answers, compared
What does a home cost?
¥46.0M
median house · ¥404k/m²
23% above the Okinawa median
1 of 11 areas in Okinawa, highest first
Are prices rising?
+33.3%
over 5 years
Faster than Okinawa (+13.3%)
6 of 13 areas in Okinawa, highest first
Can local earners afford it?
14.1× income
median price ÷ average taxable income
Harder than Okinawa (9.2×)
3 of 13 areas in Okinawa, highest first
Rent or buy?
73years of rent
median price ÷ a year of median rent
Longer than Okinawa (49)
3 of 13 areas in Okinawa, highest first
Are people moving in?
+0.0%
population, 2020–25
In line with Okinawa (+0.1%)
10 of 16 areas in Okinawa, highest first
How risky is it?
21%
chance of strong shaking (6-lower+) in 30 years
In line with Okinawa (22%)
6 of 16 areas in Okinawa, highest first
Rent in Ginowan City
The average private rental costs ¥54k a month (2023), +9.0% since 2018. Okinawa: ¥54k
| Floor area | Typical layout | Average rent / month | Ginowan CityOkinawa |
|---|---|---|---|
| under 30 m² studio / 1K | studio / 1K | ¥41k vs 2018 +4.7% · Okinawa: ¥44k | |
| 30–49 m² 1LDK / 2DK | 1LDK / 2DK | ¥56k vs 2018 +19.1% · Okinawa: ¥51k | |
| 50–69 m² 2LDK / 3DK | 2LDK / 3DK | ¥60k vs 2018 -1.5% · Okinawa: ¥60k | |
| 70–99 m² 3LDK / family | 3LDK / family | ¥62k vs 2018 -6.0% · Okinawa: ¥72k | |
| 100–149 m² mostly houses | mostly houses | ¥69k vs 2018 +35.4% · Okinawa: ¥63k | |
| 150 m² + mostly houses | mostly houses | ¥65k vs 2018 +11.3% · Okinawa: ¥70k |
- Rent per m²
- ¥1,313
- median, per month · Okinawa: ¥1,295
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. 26,210 rented homes.
What the data says
Sales are picking up
There were about 13% more transactions in the last three years than the three before, so the market is liquid and selling later should be easier.
What a typical purchase costs
Half of all house sales last year were between ¥39.5M and ¥75.0M. 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 (+0.1% for the wider area). More people moved out than in during 2025 (about 3.2 per 1,000 residents), which weakens long-term housing demand.
Few abandoned homes
7% of homes were empty in 2023 (9.3% for the wider area), and 2.8% 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.
Moderate earthquake risk
The government's seismic model gives a 21% chance of shaking of intensity 6-lower or stronger in the next 30 years (22% 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 (¥3.2m for the wider area). That is +18% since 2014. 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 +7% in the year to January 2026 and +34% 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, 12% are in a tsunami inundation 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 Ginowan City: people, homes and risks
- Population 2025
- 100,158
- +0.0% since 2020
- Okinawa: +0.1%
- Net moves in 2025
- -320
- -3.19 per 1,000 residents
- Okinawa: -0.38
- Vacant homes (2023)
- 7.0%
- 2.8% empty and not for rent or sale
- Okinawa: 9.3%
- Median rent (2023)
- ¥53k
- per month, all rented homes
- Okinawa: ¥51k
- Strong earthquake risk
- 21.2%
- chance of shaking of intensity 6-lower or more within 30 years
- Okinawa: 22.2%
- Average income per taxpayer
- ¥3.3M
- taxable income in 2023
- Okinawa: ¥3.2M
- Daytime population
- 95
- people here by day per 100 residents (2020 census)
- Foreign residents
- 2.1%
- 2,105 registered residents in 2024
- Okinawa: 1.9%
- Clinics
- 5.3
- per 10,000 residents; 4 hospitals, 48 dental clinics (2020)
- Okinawa: 6.3
- Official land price 2026
- ¥133k/m²
- +7.4% in a year · +33.7% in 5 years
- Okinawa: ¥120k/m²
- Flood exposure
- 0.0%
- of 17 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
- Okinawa: 7.7%
- Tsunami exposure
- 11.8%
- of 17 benchmark sites in a tsunami inundation zone
- Okinawa: 19.8%
- Landslide exposure
- 0.0%
- of 17 benchmark sites in a landslide warning area
- Okinawa: 0.5%
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 Ginowan 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
¥36.0M
¥400k/m²
- Nodake
- Land 135 m² · floor 90 m²
- Built 2020 (5 yrs) · Wood
¥48.0M
¥436k/m²
- Isa
- Land 185 m² · floor 110 m²
- Built 2001 (24 yrs) · RC
¥97.0M
¥554k/m²
- Oyama
- Land 330 m² · floor 175 m²
- Built 1987 (38 yrs) · RC
Show data table
| Year | House |
|---|---|
| 2007 | – |
| 2008 | – |
| 2009 | ¥25.0M |
| 2010 | ¥25.0M |
| 2011 | ¥25.0M |
| 2012 | ¥29.0M |
| 2013 | ¥33.0M |
| 2014 | – |
| 2015 | ¥27.0M |
| 2016 | ¥35.0M |
| 2017 | ¥34.5M |
| 2018 | ¥38.0M |
| 2019 | – |
| 2020 | ¥35.0M |
| 2021 | ¥44.0M |
| 2022 | ¥48.0M |
| 2023 | ¥48.0M |
| 2024 | ¥45.0M |
| 2025 | ¥46.0M |
Show data table
| Year | House | Land |
|---|---|---|
| 2007 | – | ¥80k/m² |
| 2008 | – | ¥37k/m² |
| 2009 | ¥206k/m² | ¥69k/m² |
| 2010 | ¥183k/m² | ¥71k/m² |
| 2011 | ¥159k/m² | ¥69k/m² |
| 2012 | ¥163k/m² | ¥67k/m² |
| 2013 | ¥204k/m² | ¥66k/m² |
| 2014 | – | ¥42k/m² |
| 2015 | ¥184k/m² | ¥68k/m² |
| 2016 | ¥254k/m² | ¥69k/m² |
| 2017 | ¥245k/m² | ¥66k/m² |
| 2018 | ¥333k/m² | ¥67k/m² |
| 2019 | – | ¥83k/m² |
| 2020 | ¥358k/m² | ¥105k/m² |
| 2021 | ¥367k/m² | ¥120k/m² |
| 2022 | ¥398k/m² | ¥100k/m² |
| 2023 | ¥374k/m² | ¥120k/m² |
| 2024 | ¥345k/m² | ¥130k/m² |
| 2025 | ¥404k/m² | ¥140k/m² |
How much does a house cost in Ginowan City?
The median house sale, including the land, was ¥46.0M in 2025 across 27 sales.
Are property prices in Ginowan City going up?
Over the five years to 2025, residential land prices changed +33.3%.
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.