Kouri Island, Okinawa
Photo: Kouri Island, Okinawa · Zion C / Unsplash

Urasoe City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 93

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 2.7% a year, down from 6.9% a year in the previous five years.

  2. 2
    Lagging Okinawa

    Per m², houses here are 6% above the Okinawa average.

  3. 3
    A family market

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

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥35.0M and ¥65.5M.

The answers, compared

What does a home cost?

¥37.0M

median used condo · ¥538k/m²

19% above the Okinawa median

Are prices rising?

+47.4%

over 5 years

Faster than Okinawa (+13.3%)

4 of 13 areas in Okinawa, highest first

Can local earners afford it?

10.9× income

median price ÷ average taxable income

Harder than Okinawa (9.2×)

11 of 13 areas in Okinawa, highest first

Rent or buy?

57years of rent

median price ÷ a year of median rent

Longer than Okinawa (49)

8 of 13 areas in Okinawa, highest first

Are people moving in?

+0.0%

population, 2020–25

In line with Okinawa (+0.1%)

11 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%)

9 of 16 areas in Okinawa, highest first

Rent in Urasoe City

The average private rental costs ¥54k a month (2023), +3.4% since 2018. Okinawa: ¥54k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥45k
vs 2018 +4.6% · Okinawa: ¥44k
30–49 m²
1LDK / 2DK
¥51k
vs 2018 +3.2% · Okinawa: ¥51k
50–69 m²
2LDK / 3DK
¥63k
vs 2018 +7.7% · Okinawa: ¥60k
70–99 m²
3LDK / family
¥69k
vs 2018 +21.8% · Okinawa: ¥72k
100–149 m²
mostly houses
¥68k
vs 2018 -15.6% · Okinawa: ¥63k
150 m² +
mostly houses
¥66k
vs 2018 +33.5% · Okinawa: ¥70k
Rent per m²
¥1,315
median, per month · Okinawa: ¥1,295
The median used condo (¥37.0M, 65 m²) costs about 49 years of average rent for a similar-sized home (¥63k 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. 23,460 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 2.7% a year, down from 6.9% 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 Okinawa

Per m², houses here are 6% above the Okinawa average. The premium was 13% ten years ago, so the rest of Okinawa has been catching up.

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.

What a typical purchase costs

Half of all house sales last year were between ¥35.0M and ¥65.5M. 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 2.8 per 1,000 residents), which weakens long-term housing demand.

Few abandoned homes

7.8% of homes were empty in 2023 (9.3% for the wider area), and 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.

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 ¥3.4m in 2023 (¥3.2m for the wider area). That is +22% 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 +5% in the year to January 2026 and +22% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

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 Urasoe City: people, homes and risks

Population 2025
115,716
+0.0% since 2020
Okinawa: +0.1%
Net moves in 2025
-329
-2.84 per 1,000 residents
Okinawa: -0.38
Vacant homes (2023)
7.8%
2.0% empty and not for rent or sale
Okinawa: 9.3%
Median rent (2023)
¥54k
per month, all rented homes
Okinawa: ¥51k
Strong earthquake risk
20.9%
chance of shaking of intensity 6-lower or more within 30 years
Okinawa: 22.2%
Average income per taxpayer
¥3.4M
taxable income in 2023
Okinawa: ¥3.2M
Daytime population
102
people here by day per 100 residents (2020 census)
Foreign residents
1.6%
1,871 registered residents in 2024
Okinawa: 1.9%
Clinics
6.9
per 10,000 residents; 7 hospitals, 56 dental clinics (2020)
Okinawa: 6.3
Official land price 2026
¥164k/m²
+4.6% in a year · +21.5% in 5 years
Okinawa: ¥120k/m²
Flood exposure
0.0%
of 16 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Okinawa: 7.7%
Landslide exposure
0.0%
of 16 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 Urasoe 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

¥30.0M

¥400k/m²

  • Aza Ohira
  • 3LDK · 75 m²
  • Built 1993 (33 yrs) · RC
Typical2026 Q1

¥34.0M

¥523k/m²

  • Gusukuma
  • 3LDK · 65 m²
  • Built 2013 (13 yrs) · RC
Higher-priced2025 Q4

¥44.0M

¥550k/m²

  • Aza Takushi
  • 3LDK · 80 m²
  • Built 2016 (9 yrs) · RC

House

Lower-priced2025 Q3

¥49.0M

¥516k/m²

  • Makiminato
  • Land 150 m² · floor 95 m²
  • Built 2025 (0 yrs) · Wood
Typical2026 Q2

¥60.0M

¥480k/m²

  • Maeda
  • Urasoe Maeda · 9 min walk
  • Land 150 m² · floor 125 m²
  • Built 2011 (15 yrs) · RC
Higher-priced2025 Q4

¥110M

¥250k/m²

  • Uchima
  • Furujima · 8 min walk
  • Land 330 m² · floor 440 m²
  • Built 1999 (26 yrs) · RC
Median transaction price by yearA sharp recent rise — The median condo price rose 54% between 2023 and 2025. Prices per m² rose 65% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 25 condo sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007––
2008–¥40.0M
2009–¥27.0M
2010–¥31.0M
2011¥16.0M¥35.0M
2012–¥38.0M
2013¥16.5M¥38.0M
2014–¥44.5M
2015¥17.0M¥47.0M
2016–¥35.0M
2017¥21.0M¥43.0M
2018¥24.5M¥40.0M
2019¥21.0M¥49.0M
2020¥26.0M¥43.0M
2021¥28.0M¥45.0M
2022–¥44.5M
2023¥24.0M¥45.5M
2024¥26.0M¥48.0M
2025¥37.0M¥52.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 23% 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.
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007––¥96k/m²
2008–¥229k/m²¥91k/m²
2009–¥183k/m²¥90k/m²
2010–¥182k/m²¥82k/m²
2011¥236k/m²¥210k/m²¥84k/m²
2012–¥227k/m²¥81k/m²
2013¥246k/m²¥196k/m²¥73k/m²
2014–¥207k/m²¥84k/m²
2015¥283k/m²¥223k/m²¥88k/m²
2016–¥234k/m²¥76k/m²
2017¥291k/m²¥245k/m²¥76k/m²
2018¥348k/m²¥322k/m²¥120k/m²
2019¥329k/m²¥271k/m²¥160k/m²
2020¥365k/m²¥329k/m²¥140k/m²
2021¥400k/m²¥421k/m²¥140k/m²
2022–¥310k/m²¥150k/m²
2023¥325k/m²¥422k/m²¥180k/m²
2024¥350k/m²¥375k/m²¥170k/m²
2025¥538k/m²¥309k/m²¥190k/m²
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)House
0¥505k/m²
50¥224k/m²

Prices near train stations in Urasoe 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)
Urasoe Maeda (浦添前田)––¥54.0M25271,404+29% vs 2019
Furujima (古島)––¥48.0M20184,903-5% vs 2019
Tedako Uranishi (てだこ浦西)–––14103,998+53% vs 2019

Used condo prices by layout in Urasoe City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥30.0M70 m²45
2LDK¥33.0M60 m²15
4LDK¥29.0M80 m²10

How much does an apartment cost in Urasoe City?

The median used condo (mansion) in Urasoe City sold for ¥37.0M in 2025, about ¥538k/m², based on 25 recorded sales.

How much does a house cost in Urasoe City?

The median house sale, including the land, was ¥52.0M in 2025 across 39 sales.

Are property prices in Urasoe City going up?

Over the five years to 2025, condo prices per m² changed +47.4% and residential land prices changed +35.7%.

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.