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

Joto Ward, Osaka City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 412

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 5.3% a year, down from 6.9% a year in the previous five years.

  2. 2
    Moving with Osaka

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

  3. 3
    A modest station premium

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

  4. 4
    A family market

    56% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥24.0M

median used condo · ¥460k/m²

17% below the Osaka median

16 of 55 areas in Osaka, highest first

Are prices rising?

+31.4%

over 5 years

Slower than Osaka (+50.0%)

26 of 64 areas in Osaka, highest first

Can local earners afford it?

6.1× income

median price ÷ average taxable income

Harder than Osaka (5.6×)

13 of 68 areas in Osaka, highest first

Rent or buy?

33years of rent

median price ÷ a year of median rent

In line with Osaka (32)

23 of 64 areas in Osaka, highest first

Are people moving in?

+0.3%

population, 2020–25

Growing while Osaka shrinks (-0.8%)

22 of 68 areas in Osaka, highest first

How risky is it?

68%

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

Higher than Osaka (43%)

2 of 68 areas in Osaka, highest first

Rent in Joto Ward, Osaka City

The average private rental costs ¥65k a month (2023), +4.2% since 2018. Osaka: ¥64k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥49k
vs 2018 -2.6% · Osaka: ¥50k
30–49 m²
1LDK / 2DK
¥70k
vs 2018 +8.2% · Osaka: ¥65k
50–69 m²
2LDK / 3DK
¥81k
vs 2018 -2.8% · Osaka: ¥80k
70–99 m²
3LDK / family
¥85k
vs 2018 +2.0% · Osaka: ¥89k
100–149 m²
mostly houses
¥68k
vs 2018 -1.3% · Osaka: ¥82k
150 m² +
mostly houses
¥127k
vs 2018 +142.3% · Osaka: ¥77k
Rent per m²
¥1,882
median, per month · Osaka: ¥1,794
The median used condo (¥24.0M, 60 m²) costs about 25 years of average rent for a similar-sized home (¥81k 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. 28,930 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 5.3% 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.

Moving with Osaka

Per m², condos here are 13% below the Osaka average. That position has barely changed in ten years, so it moves with the wider market.

A modest station premium

Condos 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.

A family market

56% 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 picking up

There were about 10% 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 condo sales last year were between ¥18.0M and ¥35.0M. 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 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 5.1 per 1,000 residents, so demand for homes is being topped up by newcomers.

Typical vacancy

12.7% 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 33.1 years of the area's median rent (¥60k 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.

High earthquake risk

The government's seismic model gives a 68% chance of shaking of intensity 6-lower or stronger in the next 30 years (43% 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 6.1 years of local income

Taxpayers in the city as a whole reported an average taxable income of ¥3.9m in 2023 (¥3.9m for the wider area). That is +21% since 2014. The median resale condo sold for about 6.1 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 rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +8% in the year to January 2026 and +31% over five years. 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, 100% are inside the worst-case flood zone (11% with expected depths of 3 m or more), 50% 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 Joto Ward, Osaka City: people, homes and risks

Population 2025
169,504
+0.3% since 2020
Osaka: -0.8%
Net moves in 2025
+869
+5.13 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
12.7%
4.6% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥60k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
67.7%
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, citywide figure
Osaka: ¥3.9M
Daytime population
88
people here by day per 100 residents (2020 census)
Foreign residents
3.8%
6,490 registered residents in 2024
Osaka: 3.7%
Clinics
9.8
per 10,000 residents; 9 hospitals, 90 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥316k/m²
+8.4% in a year · +31.0% in 5 years
Osaka: ¥145k/m²
Flood exposure
100.0%
of 18 benchmark sites in a worst-case flood zone (11.1% 3 m or deeper)
Osaka: 42.5%
Tsunami exposure
50.0%
of 18 benchmark sites in a tsunami inundation zone
Osaka: 10.2%
Landslide exposure
0.0%
of 18 benchmark sites in a landslide warning area
Osaka: 1.4%

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 Joto Ward, Osaka 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

¥13.0M

¥236k/m²

  • Chuo
  • Gamo 4 Chome · 5 min walk
  • 2LDK · 55 m²
  • Built 1974 (52 yrs) · SRC
Typical2026 Q2

¥22.0M

¥440k/m²

  • Sekime
  • Sekime · 10 min walk
  • 2LDK · 50 m²
  • Built 1978 (48 yrs) · SRC、RC
Higher-priced2025 Q4

¥39.0M

¥557k/m²

  • Nagata
  • Fukaebashi · 8 min walk
  • 3LDK · 70 m²
  • Built 2012 (13 yrs) · RC

House

Lower-priced2025 Q4

¥22.0M

¥142k/m²

  • Sekime
  • Noe · 7 min walk
  • Land 60 m² · floor 155 m²
  • Built 1991 (34 yrs) · RC、木造
Typical2026 Q2

¥47.0M

¥224k/m²

  • Higashinakahama
  • Fukaebashi · 11 min walk
  • Land 175 m² · floor 210 m²
  • Built 1983 (43 yrs) · Steel
Higher-priced2026 Q1

¥110M

¥629k/m²

  • Shiginonishi
  • Kyobashi(Osaka) · 10 min walk
  • Land 230 m² · floor 175 m²
  • Built 2015 (11 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 29% between 2023 and 2025. Prices per m² rose 31% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 112 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥16.0M¥35.5M
2006¥14.0M¥35.0M
2007¥15.0M¥32.0M
2008¥17.0M¥34.0M
2009¥17.0M¥25.0M
2010¥14.0M¥32.0M
2011¥15.0M¥30.0M
2012¥16.0M¥30.0M
2013¥15.0M¥32.0M
2014¥16.0M¥30.0M
2015¥16.0M¥32.0M
2016¥17.0M¥35.0M
2017¥20.0M¥34.5M
2018¥21.0M¥33.0M
2019¥23.0M¥33.0M
2020¥21.0M¥30.0M
2021¥21.0M¥35.0M
2022¥21.5M¥33.0M
2023¥23.0M¥35.0M
2024¥24.0M¥40.0M
2025¥24.0M¥45.0M
2026 (partial)¥28.0M¥47.0M
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¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥240k/m²¥270k/m²¥240k/m²
2006¥225k/m²¥237k/m²¥250k/m²
2007¥236k/m²¥250k/m²¥270k/m²
2008¥257k/m²¥256k/m²¥250k/m²
2009¥245k/m²¥214k/m²¥230k/m²
2010¥223k/m²¥230k/m²¥230k/m²
2011¥250k/m²¥254k/m²¥230k/m²
2012¥250k/m²¥245k/m²¥200k/m²
2013¥235k/m²¥272k/m²¥215k/m²
2014¥240k/m²¥249k/m²¥220k/m²
2015¥264k/m²¥240k/m²¥205k/m²
2016¥283k/m²¥286k/m²¥220k/m²
2017¥318k/m²¥283k/m²¥230k/m²
2018¥336k/m²¥283k/m²¥270k/m²
2019¥354k/m²¥250k/m²¥275k/m²
2020¥350k/m²¥276k/m²¥300k/m²
2021¥400k/m²¥326k/m²¥325k/m²
2022¥417k/m²¥279k/m²¥305k/m²
2023¥471k/m²¥273k/m²¥350k/m²
2024¥450k/m²¥336k/m²¥380k/m²
2025¥460k/m²¥359k/m²¥370k/m²
2026 (partial)¥486k/m²¥261k/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 9 years old and half by around 26. Prices keep falling by roughly 2% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥880k/m²¥453k/m²
1¥960k/m²¥467k/m²
2¥900k/m²–
3¥744k/m²–
5¥780k/m²–
6¥754k/m²–
7¥850k/m²–
8¥607k/m²–
9¥571k/m²–
13¥563k/m²–
14¥520k/m²–
15¥483k/m²–
16¥577k/m²–
17¥538k/m²¥338k/m²
18¥503k/m²–
19¥546k/m²–
20¥475k/m²–
21¥509k/m²¥312k/m²
22¥514k/m²–
23¥528k/m²¥314k/m²
24¥500k/m²–
25¥493k/m²–
26¥446k/m²–
27¥443k/m²–
28¥435k/m²–
29¥456k/m²–
30¥417k/m²–
32¥353k/m²–
33¥355k/m²–
34¥385k/m²–
35¥364k/m²¥173k/m²
37¥317k/m²–
38¥345k/m²–
40¥364k/m²–
41¥373k/m²–
42¥365k/m²–
43¥292k/m²–
44¥292k/m²¥142k/m²
45¥283k/m²–
46¥296k/m²–
47¥278k/m²–
48¥261k/m²¥200k/m²
49¥243k/m²–
50¥235k/m²¥160k/m²
Condo price per m² by construction periodBuilding age matters less than location — Over the last decade, pre-1981 condos have appreciated at about the same pace as 2000s buildings (around 3.5% a year), so in this market location matters more than building age. Pre-1981 buildings, built before the current earthquake standard, trade about 37% below 1980s–90s buildings.
¥0¥500k¥1.0M20052008201120142017202020232026

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
2005–¥282k/m²––
2006¥183k/m²¥249k/m²––
2007¥176k/m²¥286k/m²––
2008¥192k/m²¥285k/m²––
2009¥200k/m²¥261k/m²¥369k/m²–
2010¥169k/m²¥244k/m²¥364k/m²–
2011¥183k/m²¥267k/m²¥364k/m²–
2012¥165k/m²¥252k/m²¥383k/m²–
2013¥182k/m²¥253k/m²¥371k/m²–
2014¥174k/m²¥271k/m²¥369k/m²–
2015¥200k/m²¥294k/m²¥400k/m²–
2016¥221k/m²¥291k/m²¥415k/m²–
2017¥236k/m²¥333k/m²¥414k/m²–
2018¥197k/m²¥333k/m²¥415k/m²–
2019¥243k/m²¥356k/m²¥437k/m²–
2020¥257k/m²¥336k/m²¥447k/m²¥615k/m²
2021¥270k/m²¥383k/m²¥462k/m²¥750k/m²
2022¥292k/m²¥400k/m²¥500k/m²¥780k/m²
2023¥260k/m²¥400k/m²¥527k/m²¥615k/m²
2024¥278k/m²¥453k/m²¥525k/m²–
2025¥282k/m²¥450k/m²¥564k/m²¥846k/m²
2026 (partial)¥322k/m²¥492k/m²––
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k2006200820102012201420162018202020222024

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
2006–¥218k/m²¥370k/m²–
2007–¥200k/m²¥358k/m²–
2008–¥185k/m²¥377k/m²–
2009–¥143k/m²¥332k/m²–
2010–¥151k/m²¥324k/m²–
2011–¥151k/m²–¥327k/m²
2012–¥181k/m²–¥318k/m²
2013–¥177k/m²–¥337k/m²
2014¥114k/m²¥176k/m²–¥345k/m²
2015–¥162k/m²–¥340k/m²
2016–¥209k/m²–¥335k/m²
2017–¥218k/m²–¥360k/m²
2018–––¥355k/m²
2019–¥196k/m²–¥372k/m²
2020–¥211k/m²–¥380k/m²
2021–¥200k/m²––
2022¥133k/m²¥216k/m²––
2024–¥238k/m²––
2025–¥233k/m²––

Prices near train stations in Joto Ward, Osaka 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)
Gamo 4 Chome (蒲生四丁目)¥21.0M¥562k/m²¥37.5M51828,932-49% vs 2019
Shigino (鴫野)¥29.0M¥464k/m²¥32.0M714132,467+1% vs 2019
Sekime (関目)¥24.0M¥400k/m²¥55.0M71309,856-18% vs 2019
Kyobashi(Osaka) (京橋(大阪))¥30.0M¥565k/m²¥25.0M6115392,198-13% vs 2019
Noe (野江)¥29.0M¥460k/m²¥36.5M511110,496-10% vs 2019
Fukaebashi (深江橋)¥21.0M¥493k/m²¥42.0M98021,104-8% vs 2019
Midoribashi (緑橋)¥22.0M¥450k/m²¥39.5M87622,001-3% vs 2019
Imafuku Tsurumi (今福鶴見)¥21.5M¥366k/m²¥39.0M57220,747-6% vs 2019
JR Noe (JR野江)¥19.0M¥400k/m²¥58.0M543–
Hanaten (放出)––¥46.0M93132,918-3% vs 2019
Shimmori Furuichi (新森古市)¥28.5M¥400k/m²–4226,964-4% vs 2019
Sekime Takadono (関目高殿)¥14.0M¥250k/m²–31715,077-1% vs 2019
Noe Uchindai (野江内代)––¥38.0M51410,922+0% vs 2019
Morinomiya (森ノ宮)¥24.0M¥489k/m²–71376,534-8% vs 2019
Osakajokoen (大阪城公園)–––71226,060-4% vs 2019

Used condo prices by layout in Joto Ward, Osaka City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥33.0M65 m²264
2LDK¥22.0M55 m²105
1K¥20.0M20 m²102
4LDK¥37.5M80 m²40
1LDK¥17.5M42.5 m²18
3DK¥8.4M55 m²13
2DK¥9.2M45 m²12
1DK¥19.0M27.5 m²12

How much does an apartment cost in Joto Ward, Osaka City?

The median used condo (mansion) in Joto Ward, Osaka City sold for ¥24.0M in 2025, about ¥460k/m², based on 264 recorded sales.

How much does a house cost in Joto Ward, Osaka City?

The median house sale, including the land, was ¥45.0M in 2025 across 112 sales.

Are property prices in Joto Ward, Osaka City going up?

Over the five years to 2025, condo prices per m² changed +31.4% and residential land prices changed +23.3%.

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.