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

Nishi Ward, Sakai City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 283

In short

  1. 1
    Prices are still rising, but more slowly

    Growth has cooled to about 1.7% a year, down from 3.8% a year in the previous five years.

  2. 2
    Lagging Osaka

    Per m², condos here are 39% 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 10% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    84% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥22.0M

median used condo · ¥293k/m²

47% below the Osaka median

40 of 55 areas in Osaka, highest first

Are prices rising?

-8.8%

over 5 years

Slower than Osaka (+50.0%)

57 of 64 areas in Osaka, highest first

Can local earners afford it?

5.7× income

median price ÷ average taxable income

In line with Osaka (5.6×)

23 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)

24 of 64 areas in Osaka, highest first

Are people moving in?

-2.5%

population, 2020–25

Shrinking faster than Osaka (-0.8%)

40 of 68 areas in Osaka, highest first

How risky is it?

52%

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

Higher than Osaka (43%)

29 of 68 areas in Osaka, highest first

Rent in Nishi Ward, Sakai City

The average private rental costs ¥61k a month (2023), +3.8% since 2018. Osaka: ¥64k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥48k
vs 2018 +4.5% · Osaka: ¥50k
30–49 m²
1LDK / 2DK
¥59k
vs 2018 +11.8% · Osaka: ¥65k
50–69 m²
2LDK / 3DK
¥67k
vs 2018 -5.1% · Osaka: ¥80k
70–99 m²
3LDK / family
¥74k
vs 2018 -10.5% · Osaka: ¥89k
100–149 m²
mostly houses
¥82k
vs 2018 +2.0% · Osaka: ¥82k
Rent per m²
¥1,434
median, per month · Osaka: ¥1,794
The median used condo (¥22.0M, 70 m²) costs about 25 years of average rent for a similar-sized home (¥74k 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. 12,330 rented homes.

What the data says

Prices are still rising, but more slowly

Growth has cooled to about 1.7% a year, down from 3.8% 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 Osaka

Per m², condos here are 39% below the Osaka average. Ten years ago the gap was 12%, so Nishi 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 10% 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

84% 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 condo sales last year were between ¥17.0M and ¥26.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.5% between 2020 and 2025 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 3.5 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 2.1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

11.3% of homes were empty in 2023 (14.2% for the wider area), and 4.9% 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 33 years of the area's median rent (¥56k 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 52% 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 5.7 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 5.7 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 +3% in the year to January 2026 and +11% over five years. They are still 70% below their 1991 bubble-era level. 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, 36% are inside the worst-case flood zone, 18% 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 Nishi Ward, Sakai City: people, homes and risks

Population 2025
131,938
-2.5% since 2020
Osaka: -0.8%
Net moves in 2025
+466
+3.53 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
11.3%
4.9% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥56k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
51.5%
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
96
people here by day per 100 residents (2020 census)
Foreign residents
1.9%
2,533 registered residents in 2024
Osaka: 3.7%
Clinics
9.8
per 10,000 residents; 6 hospitals, 73 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥137k/m²
+3.4% in a year · +10.7% in 5 years
Osaka: ¥145k/m²
Flood exposure
35.7%
of 28 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Osaka: 42.5%
Tsunami exposure
17.9%
of 28 benchmark sites in a tsunami inundation zone
Osaka: 10.2%
Landslide exposure
0.0%
of 28 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 Nishi 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

¥18.0M

¥277k/m²

  • Uenoshibacho
  • Uenoshiba · 6 min walk
  • 3LDK · 65 m²
  • Built 1997 (28 yrs) · SRC
Typical2026 Q2

¥23.0M

¥329k/m²

  • Otorinakamachi
  • Otori · 7 min walk
  • 3LDK · 70 m²
  • Built 1987 (39 yrs) · RC
Higher-priced2026 Q1

¥30.0M

¥375k/m²

  • Uenoshibacho
  • Uenoshiba · 5 min walk
  • 3LDK · 80 m²
  • Built 2002 (24 yrs) · RC

House

Lower-priced2025 Q4

¥4.9M

¥98k/m²

  • Tsukunocho
  • Tsukuno · 5 min walk
  • Land 40 m² · floor 50 m²
  • Built 1968 (57 yrs) · Wood
Typical2026 Q1

¥19.0M

¥211k/m²

  • Kusabe
  • Fukai
  • Land 110 m² · floor 90 m²
  • Built 2003 (23 yrs) · Wood
Higher-priced2026 Q1

¥44.0M

¥419k/m²

  • Kusabe
  • Tonoki
  • Land 165 m² · floor 105 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by yearCondos now cost more than houses — Since 2024, the median used condo has sold for more than the median house with its land, reversing the earlier pattern. Since then condo prices have moved -10% while house prices moved -28%. Condo demand is concentrated in central, well-connected locations, while many houses sold are older homes in outlying areas where prices are flat or falling. Buyers are paying for convenience over space.2026 so far: treat with caution — The 2026 figure (shaded) is 39% above 2025, but it covers only part of the year and 64 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥10.0M¥20.0M¥30.0M20062008201020122014201620182020202220242026
Show data table
YearCondoHouse
2006¥14.0M¥29.0M
2007¥14.0M¥29.0M
2008¥13.0M¥29.0M
2009¥16.0M¥22.0M
2010¥15.0M¥25.0M
2011¥16.0M¥24.0M
2012¥16.0M¥24.0M
2013¥15.0M¥23.5M
2014¥16.5M¥22.0M
2015¥18.0M¥28.0M
2016¥17.0M¥26.0M
2017¥19.0M¥23.5M
2018¥18.0M¥23.0M
2019¥20.0M¥20.0M
2020¥22.0M¥24.0M
2021¥25.0M¥22.0M
2022¥22.0M¥24.5M
2023¥24.5M¥25.0M
2024¥24.0M¥20.0M
2025¥22.0M¥18.0M
2026 (partial)¥23.0M¥25.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 43% 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¥220k/m²¥291k/m²¥140k/m²
2007¥207k/m²¥263k/m²¥140k/m²
2008¥187k/m²¥270k/m²¥130k/m²
2009¥226k/m²¥214k/m²¥130k/m²
2010¥200k/m²¥230k/m²¥120k/m²
2011¥240k/m²¥218k/m²¥120k/m²
2012¥215k/m²¥190k/m²¥93k/m²
2013¥214k/m²¥217k/m²¥120k/m²
2014¥240k/m²¥194k/m²¥110k/m²
2015¥250k/m²¥224k/m²¥120k/m²
2016¥246k/m²¥240k/m²¥130k/m²
2017¥283k/m²¥192k/m²¥120k/m²
2018¥257k/m²¥188k/m²¥135k/m²
2019¥269k/m²¥185k/m²¥140k/m²
2020¥322k/m²¥191k/m²¥140k/m²
2021¥357k/m²¥211k/m²¥135k/m²
2022¥331k/m²¥181k/m²¥140k/m²
2023¥336k/m²¥239k/m²¥150k/m²
2024¥349k/m²¥190k/m²¥150k/m²
2025¥293k/m²¥175k/m²¥160k/m²
2026 (partial)¥354k/m²¥211k/m²¥135k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 24 years — House prices per m² drop about 47% from new by age 24, 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¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0¥533k/m²¥400k/m²
1–¥400k/m²
12¥406k/m²¥273k/m²
13¥375k/m²–
14¥373k/m²–
15¥367k/m²¥311k/m²
17–¥211k/m²
18–¥262k/m²
19–¥245k/m²
20–¥205k/m²
21–¥230k/m²
22¥323k/m²¥235k/m²
23¥293k/m²¥212k/m²
24¥271k/m²¥185k/m²
25¥286k/m²–
26–¥148k/m²
35¥229k/m²–
36–¥213k/m²
40–¥94k/m²
43–¥84k/m²
44–¥73k/m²
45–¥60k/m²
46–¥72k/m²
47–¥93k/m²
48–¥67k/m²
49–¥71k/m²
50–¥87k/m²
Condo 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
Year1981-20002001-2010
2006¥225k/m²–
2007¥193k/m²–
2008¥187k/m²–
2009¥213k/m²–
2010¥200k/m²–
2011¥193k/m²¥324k/m²
2012¥200k/m²¥283k/m²
2013¥200k/m²¥290k/m²
2014¥200k/m²¥293k/m²
2015–¥313k/m²
2016¥200k/m²–
2017¥248k/m²¥320k/m²
2018¥206k/m²¥329k/m²
2019¥200k/m²¥346k/m²
2020¥200k/m²¥354k/m²
2021¥267k/m²¥369k/m²
2022¥286k/m²–
2023¥246k/m²¥354k/m²
2024¥274k/m²¥358k/m²
2025¥246k/m²¥371k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20062008201020122014201620182020202220242026

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¥142k/m²¥191k/m²¥330k/m²–
2007¥119k/m²¥217k/m²¥330k/m²–
2008¥130k/m²¥229k/m²¥351k/m²–
2009¥103k/m²¥192k/m²¥308k/m²–
2010¥103k/m²¥172k/m²¥309k/m²–
2011¥105k/m²¥181k/m²–¥295k/m²
2012¥96k/m²¥153k/m²–¥305k/m²
2013¥86k/m²¥169k/m²¥235k/m²¥313k/m²
2014¥102k/m²¥163k/m²–¥310k/m²
2015¥84k/m²¥164k/m²¥254k/m²¥356k/m²
2016¥67k/m²¥189k/m²¥224k/m²¥345k/m²
2017¥74k/m²¥158k/m²–¥342k/m²
2018¥68k/m²¥175k/m²¥224k/m²¥338k/m²
2019¥87k/m²¥227k/m²–¥337k/m²
2020¥80k/m²¥151k/m²–¥360k/m²
2021¥78k/m²¥164k/m²¥222k/m²–
2022¥95k/m²¥192k/m²––
2023¥60k/m²¥182k/m²––
2024¥77k/m²¥170k/m²––
2025¥86k/m²¥110k/m²¥200k/m²–
2026 (partial)¥76k/m²–––

Prices near train stations in Nishi 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)
Otori (鳳)¥25.0M¥349k/m²¥20.0M1120536,028-6% vs 2019
Uenoshiba (上野芝)¥24.0M¥343k/m²¥28.0M812615,270-12% vs 2019
Suwanomori (諏訪ノ森)––¥19.0M71026,736-13% vs 2019
Tsukuno (津久野)¥24.0M¥333k/m²¥21.0M910014,204-15% vs 2019
Ishizugawa (石津川)––¥10.0M86313,168-9% vs 2019
Tonoki (富木)––¥21.0M14497,000-10% vs 2019
Hamaderakoen (浜寺公園)––¥35.0M10423,614-15% vs 2019

Used condo prices by layout in Nishi Ward, Sakai City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥25.0M70 m²71
4LDK¥25.0M80 m²19
2LDK¥22.0M60 m²11

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

The median used condo (mansion) in Nishi Ward, Sakai City sold for ¥22.0M in 2025, about ¥293k/m², based on 50 recorded sales.

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

The median house sale, including the land, was ¥18.0M in 2025 across 165 sales.

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

Over the five years to 2025, condo prices per m² changed -8.8% and residential land prices changed +14.3%.

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.