Shinsekai, Osaka
Photo: Shinsekai, Osaka · Nomadic Julien / Unsplash

Hirakata City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 770

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 3.4% a year over the past five years, faster than the 0.8% a year of the five years before.

  2. 2
    Lagging Osaka

    Per m², condos here are 47% below the Osaka average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 88% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    80% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥20.0M

median used condo · ¥286k/m²

48% below the Osaka median

41 of 55 areas in Osaka, highest first

Are prices rising?

+18.3%

over 5 years

Slower than Osaka (+50.0%)

40 of 64 areas in Osaka, highest first

Can local earners afford it?

5.2× income

median price ÷ average taxable income

Easier than Osaka (5.6×)

31 of 68 areas in Osaka, highest first

Rent or buy?

32years of rent

median price ÷ a year of median rent

In line with Osaka (32)

27 of 64 areas in Osaka, highest first

Are people moving in?

-2.1%

population, 2020–25

Shrinking faster than Osaka (-0.8%)

36 of 68 areas in Osaka, highest first

How risky is it?

25%

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

Lower than Osaka (43%)

51 of 68 areas in Osaka, highest first

Rent in Hirakata City

The average private rental costs ¥59k a month (2023), +3.1% since 2018. Osaka: ¥64k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥45k
vs 2018 +3.8% · Osaka: ¥50k
30–49 m²
1LDK / 2DK
¥57k
vs 2018 +2.0% · Osaka: ¥65k
50–69 m²
2LDK / 3DK
¥70k
vs 2018 +7.0% · Osaka: ¥80k
70–99 m²
3LDK / family
¥77k
vs 2018 -1.9% · Osaka: ¥89k
100–149 m²
mostly houses
¥76k
vs 2018 -4.1% · Osaka: ¥82k
150 m² +
mostly houses
¥82k
vs 2018 +23.7% · Osaka: ¥77k
Rent per m²
¥1,459
median, per month · Osaka: ¥1,794
The median used condo (¥20.0M, 70 m²) costs about 22 years of average rent for a similar-sized home (¥77k 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. 35,010 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 3.4% a year over the past five years, faster than the 0.8% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Lagging Osaka

Per m², condos here are 47% below the Osaka average. Ten years ago the gap was 19%, so Hirakata City has been falling behind the rest of Osaka.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 88% 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

80% 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 14% 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 ¥11.0M and ¥27.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.1% between 2020 and 2025 (−0.8% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.3% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

11.4% of homes were empty in 2023 (14.2% for the wider area), and 4.6% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Buying vs renting

A median used condo costs about 31.9 years of the area's median rent (¥52k a month), compared with 31.7 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 25% chance of shaking of intensity 6-lower or stronger in the next 30 years (43% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

A typical condo costs 5.2 years of local income

Taxpayers here reported an average taxable income of ¥3.9m in 2023 (¥3.9m for the wider area). That is +16% since 2014. The median resale condo sold for about 5.2 times that, against 5.6 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 +2% in the year to January 2026 and +7% over five years. They are still 67% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Significant flood risk

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 39% are inside the worst-case flood zone (22% with expected depths of 3 m or more). 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.

Government-backed redevelopment

This area includes national Urgent Urban Renewal Areas: Hirakatashi Station area. These allow larger, denser buildings and give big projects financial support, so expect new offices, shops and housing to keep reshaping the area.

Living in Hirakata City: people, homes and risks

Population 2025
388,992
-2.1% since 2020
Osaka: -0.8%
Net moves in 2025
+733
+1.88 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
11.4%
4.6% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥52k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
25.3%
chance of shaking of intensity 6-lower or more within 30 years
Osaka: 43.3%
Average income per taxpayer
¥3.9M
taxable income in 2023
Osaka: ¥3.9M
Daytime population
90
people here by day per 100 residents (2020 census)
Foreign residents
1.6%
6,387 registered residents in 2024
Osaka: 3.7%
Clinics
7.6
per 10,000 residents; 25 hospitals, 212 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥130k/m²
+1.9% in a year · +6.7% in 5 years
Osaka: ¥145k/m²
Flood exposure
38.8%
of 67 benchmark sites in a worst-case flood zone (22.4% 3 m or deeper)
Osaka: 42.5%
Landslide exposure
0.0%
of 67 benchmark sites in a landslide warning area
Osaka: 1.4%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Hirakatashi Station area · 48 ha · designated 2020

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 Hirakata 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 Q4

¥11.0M

¥138k/m²

  • Higashinakaburi
  • Kozenji · 10 min walk
  • 3LDK · 80 m²
  • Built 1982 (43 yrs) · SRC
Typical2026 Q2

¥22.0M

¥338k/m²

  • Tsudaekimae
  • Tsuda · 4 min walk
  • 3LDK · 65 m²
  • Built 1996 (30 yrs) · RC
Higher-priced2026 Q2

¥32.0M

¥457k/m²

  • Deguchi
  • Kozenji · 10 min walk
  • 2LDK · 70 m²
  • Built 2018 (8 yrs) · RC

House

Lower-priced2026 Q2

¥8.0M

¥89k/m²

  • Yamanoue
  • Hirakatashi · 23 min walk
  • Land 90 m² · floor 90 m²
  • Built 1975 (51 yrs) · RC、木造
Typical2026 Q2

¥26.0M

¥179k/m²

  • Uyamahigashimachi
  • Makino(Osaka) · 9 min walk
  • Land 230 m² · floor 145 m²
  • Built 1991 (35 yrs) · Light steel
Higher-priced2026 Q2

¥43.0M

¥430k/m²

  • Kitakuzuhacho
  • Kuzuha · 20 min walk
  • Land 130 m² · floor 100 m²
  • Built 2023 (3 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥14.0M¥27.0M
2008¥15.0M¥26.0M
2009¥15.0M¥26.0M
2010¥14.0M¥25.0M
2011¥15.0M¥25.0M
2012¥14.0M¥26.0M
2013¥15.0M¥24.0M
2014¥17.0M¥23.0M
2015¥16.0M¥25.0M
2016¥15.0M¥27.0M
2017¥15.0M¥24.0M
2018¥18.0M¥24.0M
2019¥16.0M¥25.0M
2020¥17.0M¥26.0M
2021¥19.0M¥26.0M
2022¥19.0M¥25.0M
2023¥18.0M¥26.0M
2024¥20.0M¥27.0M
2025¥20.0M¥25.0M
2026 (partial)¥23.5M¥24.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 19% 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¥300k¥400k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥200k/m²¥256k/m²¥140k/m²
2008¥213k/m²¥235k/m²¥140k/m²
2009¥200k/m²¥221k/m²¥120k/m²
2010¥187k/m²¥220k/m²¥100k/m²
2011¥214k/m²¥232k/m²¥110k/m²
2012¥186k/m²¥232k/m²¥110k/m²
2013¥200k/m²¥200k/m²¥110k/m²
2014¥231k/m²¥211k/m²¥110k/m²
2015¥221k/m²¥224k/m²¥120k/m²
2016¥200k/m²¥229k/m²¥120k/m²
2017¥217k/m²¥209k/m²¥120k/m²
2018¥249k/m²¥200k/m²¥130k/m²
2019¥230k/m²¥230k/m²¥130k/m²
2020¥241k/m²¥240k/m²¥120k/m²
2021¥262k/m²¥227k/m²¥130k/m²
2022¥262k/m²¥213k/m²¥130k/m²
2023¥257k/m²¥225k/m²¥140k/m²
2024¥271k/m²¥225k/m²¥150k/m²
2025¥286k/m²¥226k/m²¥150k/m²
2026 (partial)¥331k/m²¥215k/m²¥120k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 13 years old and half by around 13.Houses bottom out at around 25 years — House prices per m² drop about 55% from new by age 25, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥200k¥400k¥600k¥800k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥409k/m²
1¥779k/m²¥381k/m²
2–¥337k/m²
3–¥384k/m²
5–¥305k/m²
8–¥352k/m²
10–¥300k/m²
11–¥300k/m²
12–¥256k/m²
13¥388k/m²¥256k/m²
14¥388k/m²–
15¥382k/m²–
16¥374k/m²¥250k/m²
17¥462k/m²¥244k/m²
18¥385k/m²¥234k/m²
19¥366k/m²¥222k/m²
20¥320k/m²¥222k/m²
21¥293k/m²¥247k/m²
22¥333k/m²¥211k/m²
23¥286k/m²¥177k/m²
24¥314k/m²¥178k/m²
25¥257k/m²¥150k/m²
26¥254k/m²¥150k/m²
27¥262k/m²¥171k/m²
28¥277k/m²¥172k/m²
29¥220k/m²¥169k/m²
30¥227k/m²¥167k/m²
31¥227k/m²¥142k/m²
32¥216k/m²¥145k/m²
33¥200k/m²¥190k/m²
34¥225k/m²¥93k/m²
35¥231k/m²¥148k/m²
36–¥193k/m²
37–¥173k/m²
38–¥146k/m²
39–¥127k/m²
40–¥122k/m²
41–¥103k/m²
42–¥79k/m²
43¥128k/m²¥75k/m²
44¥166k/m²¥85k/m²
45¥138k/m²¥87k/m²
46¥133k/m²¥88k/m²
47¥179k/m²¥94k/m²
48¥160k/m²¥108k/m²
49¥133k/m²¥151k/m²
50¥104k/m²¥124k/m²
Condo price per m² by construction periodNewer buildings are pulling ahead — Buildings from the 2000s gained about 2.3% a year over the decade, versus 1.2% for pre-1981 stock. The market here clearly rewards newer construction. Pre-1981 buildings, built before the current earthquake standard, trade about 49% below 1980s–90s buildings.
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025

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
Year1971-19801981-20002001-2010
2007¥123k/m²¥228k/m²¥311k/m²
2008¥123k/m²¥206k/m²¥333k/m²
2009¥118k/m²¥184k/m²¥304k/m²
2010¥111k/m²¥186k/m²¥293k/m²
2011¥119k/m²¥185k/m²¥278k/m²
2012¥112k/m²¥186k/m²¥306k/m²
2013¥119k/m²¥185k/m²¥294k/m²
2014¥124k/m²¥195k/m²¥300k/m²
2015¥115k/m²¥200k/m²¥330k/m²
2016¥98k/m²¥185k/m²¥343k/m²
2017¥121k/m²¥214k/m²¥350k/m²
2018¥128k/m²¥200k/m²¥313k/m²
2019¥103k/m²¥215k/m²¥350k/m²
2020¥131k/m²¥214k/m²¥319k/m²
2021¥116k/m²¥233k/m²¥353k/m²
2022¥157k/m²¥253k/m²¥326k/m²
2023¥102k/m²¥242k/m²¥376k/m²
2024¥136k/m²¥232k/m²¥417k/m²
2025¥132k/m²¥257k/m²¥375k/m²
2026 (partial)¥125k/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¥131k/m²¥183k/m²¥358k/m²–
2008¥143k/m²¥159k/m²¥346k/m²–
2009¥121k/m²¥147k/m²¥352k/m²–
2010¥122k/m²¥150k/m²¥320k/m²¥342k/m²
2011¥118k/m²¥131k/m²¥256k/m²¥337k/m²
2012¥110k/m²¥147k/m²¥250k/m²¥345k/m²
2013¥107k/m²¥144k/m²¥230k/m²¥333k/m²
2014¥100k/m²¥148k/m²¥227k/m²¥328k/m²
2015¥117k/m²¥161k/m²¥244k/m²¥340k/m²
2016¥100k/m²¥147k/m²¥219k/m²¥356k/m²
2017¥100k/m²¥151k/m²¥235k/m²¥337k/m²
2018¥93k/m²¥133k/m²¥194k/m²¥350k/m²
2019¥117k/m²¥155k/m²¥253k/m²¥370k/m²
2020¥79k/m²¥132k/m²¥218k/m²¥343k/m²
2021¥85k/m²¥141k/m²¥216k/m²¥305k/m²
2022¥95k/m²¥163k/m²¥232k/m²–
2023¥100k/m²¥139k/m²¥244k/m²–
2024¥93k/m²¥150k/m²¥244k/m²¥318k/m²
2025¥100k/m²¥158k/m²¥240k/m²¥324k/m²
2026 (partial)¥93k/m²¥124k/m²––

Prices near train stations in Hirakata 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)
Hirakatashi (枚方市)¥26.0M¥343k/m²¥23.0M1627670,819-12% vs 2019
Kuzuha (樟葉)¥25.0M¥357k/m²¥35.0M1525247,388-11% vs 2019
Makino(Osaka) (牧野)¥19.0M¥269k/m²¥30.0M1321516,761-13% vs 2019
Nagao(Osaka) (長尾(大阪))¥11.0M¥157k/m²¥19.0M1518020,158-12% vs 2019
Korien (香里園)¥32.0M¥636k/m²¥30.0M1817144,082-11% vs 2019
Kozenji (光善寺)¥15.0M¥232k/m²¥18.0M1016315,236-13% vs 2019
Hirakata Koen (枚方公園)¥22.0M¥280k/m²¥35.0M1316115,618-13% vs 2019
Tsuda (津田)¥20.0M¥286k/m²¥11.0M1211210,878-4% vs 2019
Goten yama (御殿山)¥11.9M¥209k/m²¥25.0M88110,078-12% vs 2019
Fujisaka (藤阪)¥5.9M¥86k/m²¥50.5M12675,914-8% vs 2019
Miyanosaka(Osaka) (宮之阪)––¥15.5M5504,517-10% vs 2019
Hoshigaoka(Osaka) (星ケ丘(大阪))––¥27.0M7383,667-14% vs 2019
Murano (村野)––¥17.5M8193,973-13% vs 2019

Used condo prices by layout in Hirakata City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥19.0M70 m²329
2LDK¥18.0M60 m²64
4LDK¥30.0M85 m²47
2DK¥7.7M50 m²13
1LDK¥21.5M42.5 m²12

How much does an apartment cost in Hirakata City?

The median used condo (mansion) in Hirakata City sold for ¥20.0M in 2025, about ¥286k/m², based on 159 recorded sales.

How much does a house cost in Hirakata City?

The median house sale, including the land, was ¥25.0M in 2025 across 433 sales.

Are property prices in Hirakata City going up?

Over the five years to 2025, condo prices per m² changed +18.3% and residential land prices changed +25.0%.

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.