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

Minami Ward, Sakai City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 201

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 3.3% a year over the past five years, faster than the 0.7% a year of the five years before.

  2. 2
    Lagging Osaka

    Per m², condos here are 50% 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 93% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    74% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥18.0M

median used condo · ¥277k/m²

50% below the Osaka median

43 of 55 areas in Osaka, highest first

Are prices rising?

+12.5%

over 5 years

Slower than Osaka (+50.0%)

43 of 64 areas in Osaka, highest first

Can local earners afford it?

4.6× income

median price ÷ average taxable income

Easier than Osaka (5.6×)

41 of 68 areas in Osaka, highest first

Rent or buy?

39years of rent

median price ÷ a year of median rent

Longer than Osaka (32)

8 of 64 areas in Osaka, highest first

Are people moving in?

-7.6%

population, 2020–25

Shrinking faster than Osaka (-0.8%)

65 of 68 areas in Osaka, highest first

How risky is it?

20%

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

Lower than Osaka (43%)

59 of 68 areas in Osaka, highest first

Rent in Minami Ward, Sakai City

The average private rental costs ¥59k a month (2023), -10.1% since 2018. Osaka: ¥64k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥37k
vs 2018 +7.6% · Osaka: ¥50k
30–49 m²
1LDK / 2DK
¥51k
vs 2018 -6.5% · Osaka: ¥65k
50–69 m²
2LDK / 3DK
¥61k
vs 2018 -7.5% · Osaka: ¥80k
70–99 m²
3LDK / family
¥68k
vs 2018 -14.6% · Osaka: ¥89k
100–149 m²
mostly houses
¥86k
vs 2018 -5.0% · Osaka: ¥82k
Rent per m²
¥1,142
median, per month · Osaka: ¥1,794
The median used condo (¥18.0M, 75 m²) costs about 22 years of average rent for a similar-sized home (¥68k 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. 3,910 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 3.3% a year over the past five years, faster than the 0.7% 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 50% below the Osaka average. Ten years ago the gap was 17%, so Minami Ward, Sakai 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 93% 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

74% 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 17% 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 ¥9.4M and ¥27.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 7.6% between 2020 and 2025 (−0.8% for the wider area). More people moved out than in during 2025 (about 5.1 per 1,000 residents), which weakens long-term housing demand.

Typical vacancy

14.2% of homes were empty in 2023 (14.2% for the wider area), and 3.9% 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 39.1 years of the area's median rent (¥38k 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 20% 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 4.6 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 +17% since 2014. The median resale condo sold for about 4.6 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 +3% in the year to January 2026 and +6% 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 Minami Ward, Sakai City: people, homes and risks

Population 2025
127,881
-7.6% since 2020
Osaka: -0.8%
Net moves in 2025
-651
-5.09 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
14.2%
3.9% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥38k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
20.1%
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
87
people here by day per 100 residents (2020 census)
Foreign residents
2.6%
3,396 registered residents in 2024
Osaka: 3.7%
Clinics
8.8
per 10,000 residents; 4 hospitals, 71 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥101k/m²
+2.6% in a year · +5.5% in 5 years
Osaka: ¥145k/m²
Flood exposure
0.0%
of 14 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Osaka: 42.5%
Landslide exposure
0.0%
of 14 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 Minami Ward, Sakai 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

¥6.0M

¥60k/m²

  • Momoyamadai
  • Toga Mikita · 24 min walk
  • 2LDK · 100 m²
  • Built 1982 (43 yrs) · RC
Typical2025 Q4

¥13.0M

¥163k/m²

  • Shinhinoodai
  • Komyoike · 16 min walk
  • 3LDK · 80 m²
  • Built 1981 (44 yrs) · RC
Higher-priced2025 Q3

¥29.0M

¥387k/m²

  • Miharadai
  • Izumigaoka · 11 min walk
  • 3LDK · 75 m²
  • Built 2001 (24 yrs) · RC

House

Lower-priced2025 Q4

¥17.0M

¥103k/m²

  • Miikedai
  • Toga Mikita
  • Land 220 m² · floor 165 m²
  • Built 1986 (39 yrs) · Wood
Typical2026 Q1

¥24.0M

¥240k/m²

  • Niwashirodai
  • Toga Mikita · 24 min walk
  • Land 155 m² · floor 100 m²
  • Built 2015 (11 yrs) · Wood
Higher-priced2025 Q3

¥36.0M

¥360k/m²

  • Niwashirodai
  • Toga Mikita
  • Land 130 m² · floor 100 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median condo price rose 38% between 2023 and 2025. Prices per m² rose 60% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 93 condo sales in 2025, a handful of expensive deals can move the median a lot.2026 so far: treat with caution — The 2026 figure (shaded) is 31% below 2025, but it covers only part of the year and 30 condo sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥10.0M¥20.0M¥30.0M¥40.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥12.0M¥36.0M
2007¥12.0M¥34.0M
2008¥13.0M¥33.0M
2009¥13.0M¥28.0M
2010¥13.0M¥28.0M
2011¥14.0M¥27.5M
2012¥16.0M¥27.0M
2013¥13.0M¥29.0M
2014¥16.5M¥29.0M
2015¥17.0M¥27.0M
2016¥13.0M¥27.0M
2017¥14.0M¥27.0M
2018¥13.0M¥26.0M
2019¥15.0M¥29.0M
2020¥16.0M¥27.0M
2021¥14.0M¥26.0M
2022¥19.0M¥30.0M
2023¥13.0M¥29.0M
2024¥17.0M¥26.0M
2025¥18.0M¥25.0M
2026 (partial)¥12.5M¥24.0M
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. That gap has widened over the decade as condo prices pulled ahead.
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026
Show data table
YearCondoHouseLand
2006¥167k/m²¥307k/m²¥110k/m²
2007¥171k/m²¥300k/m²¥110k/m²
2008¥178k/m²¥280k/m²¥110k/m²
2009¥161k/m²¥243k/m²¥59k/m²
2010¥160k/m²¥233k/m²¥95k/m²
2011¥184k/m²¥240k/m²¥73k/m²
2012¥219k/m²¥229k/m²¥80k/m²
2013¥176k/m²¥243k/m²¥84k/m²
2014¥233k/m²¥275k/m²¥90k/m²
2015¥229k/m²¥221k/m²¥91k/m²
2016¥200k/m²¥216k/m²¥90k/m²
2017¥200k/m²¥256k/m²¥100k/m²
2018¥186k/m²¥219k/m²¥95k/m²
2019¥200k/m²¥260k/m²¥100k/m²
2020¥246k/m²¥211k/m²¥90k/m²
2021¥183k/m²¥207k/m²¥110k/m²
2022¥286k/m²¥243k/m²¥110k/m²
2023¥173k/m²¥229k/m²¥120k/m²
2024¥248k/m²¥193k/m²¥125k/m²
2025¥277k/m²¥209k/m²¥130k/m²
2026 (partial)¥183k/m²¥195k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥360k/m²
15¥418k/m²–
16¥380k/m²–
18¥338k/m²–
19¥333k/m²–
20¥313k/m²–
21¥368k/m²–
22¥325k/m²–
23¥325k/m²–
24¥330k/m²–
39–¥179k/m²
41–¥198k/m²
42¥93k/m²¥229k/m²
43–¥179k/m²
44¥97k/m²–
45¥119k/m²¥204k/m²
46¥108k/m²¥141k/m²
47¥114k/m²¥200k/m²
48¥91k/m²¥161k/m²
49¥114k/m²¥225k/m²
50¥145k/m²¥172k/m²
Condo price per m² by construction periodNewer buildings are pulling ahead — Buildings from the 2000s gained about 2.1% a year over the decade, versus 0.7% for pre-1981 stock. The market here clearly rewards newer construction. Pre-1981 buildings, built before the current earthquake standard, trade about 33% below 1980s–90s buildings.
¥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
Year1971-19801981-20002001-2010
2007¥128k/m²¥200k/m²–
2008¥126k/m²¥194k/m²¥313k/m²
2009¥110k/m²¥157k/m²¥319k/m²
2010¥116k/m²¥157k/m²¥310k/m²
2011¥117k/m²¥166k/m²¥303k/m²
2012¥115k/m²¥173k/m²¥291k/m²
2013¥104k/m²¥150k/m²¥293k/m²
2014¥107k/m²¥250k/m²¥294k/m²
2015¥117k/m²¥216k/m²¥318k/m²
2016¥114k/m²¥200k/m²¥309k/m²
2017¥105k/m²¥200k/m²¥300k/m²
2018¥89k/m²¥212k/m²¥320k/m²
2019¥107k/m²¥238k/m²¥309k/m²
2020¥84k/m²¥223k/m²¥329k/m²
2021¥100k/m²–¥324k/m²
2022¥113k/m²–¥380k/m²
2023¥91k/m²–¥368k/m²
2024¥124k/m²–¥384k/m²
2025¥117k/m²¥175k/m²¥369k/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¥239k/m²–¥338k/m²–
2007¥270k/m²¥268k/m²¥318k/m²–
2008¥250k/m²¥234k/m²¥310k/m²–
2009¥200k/m²¥220k/m²¥308k/m²–
2010¥193k/m²¥185k/m²¥305k/m²–
2011¥217k/m²¥200k/m²–¥312k/m²
2012¥162k/m²¥183k/m²–¥300k/m²
2013¥173k/m²¥164k/m²–¥309k/m²
2014¥196k/m²¥188k/m²–¥309k/m²
2015¥160k/m²¥192k/m²–¥295k/m²
2016¥156k/m²¥192k/m²–¥317k/m²
2017¥160k/m²¥148k/m²–¥316k/m²
2018¥169k/m²¥159k/m²–¥320k/m²
2019¥142k/m²––¥324k/m²
2020¥174k/m²¥166k/m²–¥317k/m²
2021¥166k/m²¥164k/m²––
2022¥216k/m²¥200k/m²––
2023¥191k/m²¥180k/m²––
2024–¥188k/m²––
2025¥183k/m²¥184k/m²––

Prices near train stations in Minami Ward, Sakai 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)
Izumigaoka (泉ケ丘)¥19.0M¥300k/m²¥30.0M1421435,489-12% vs 2019
Komyoike (光明池)¥15.0M¥211k/m²¥26.0M1012926,134-13% vs 2019
Toga Mikita (栂・美木多)¥8.8M¥117k/m²¥23.0M1610016,892-14% vs 2019

Used condo prices by layout in Minami Ward, Sakai City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥16.0M75 m²109
2LDK¥14.0M60 m²38
4LDK¥26.0M90 m²30

How much does an apartment cost in Minami Ward, Sakai City?

The median used condo (mansion) in Minami Ward, Sakai City sold for ¥18.0M in 2025, about ¥277k/m², based on 93 recorded sales.

How much does a house cost in Minami Ward, Sakai City?

The median house sale, including the land, was ¥25.0M in 2025 across 77 sales.

Are property prices in Minami Ward, Sakai City going up?

Over the five years to 2025, condo prices per m² changed +12.5% and residential land prices changed +44.4%.

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.