Shinsekai, Osaka
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Shimamoto Town, Mishima County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 100

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 12% a year over the past five years, faster than the 3.5% a year of the five years before.

  2. 2
    Lagging Osaka

    Per m², condos here are 41% 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 94% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    83% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥20.5M

median used condo · ¥323k/m²

42% below the Osaka median

35 of 55 areas in Osaka, highest first

Are prices rising?

+61.5%

over 5 years

Faster than Osaka (+50.0%)

6 of 64 areas in Osaka, highest first

Can local earners afford it?

5.0× income

median price ÷ average taxable income

Easier than Osaka (5.6×)

38 of 68 areas in Osaka, highest first

Rent or buy?

31years of rent

median price ÷ a year of median rent

In line with Osaka (32)

28 of 64 areas in Osaka, highest first

Are people moving in?

+2.2%

population, 2020–25

Growing while Osaka shrinks (-0.8%)

12 of 68 areas in Osaka, highest first

How risky is it?

10%

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

Lower than Osaka (43%)

65 of 68 areas in Osaka, highest first

What the data says

Price growth is speeding up

Condo values per m² have risen about 12% a year over the past five years, faster than the 3.5% 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 41% below the Osaka average. Ten years ago the gap was 25%, so Shimamoto Town, Mishima County 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 94% 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

83% 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 14% 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 ¥12.3M and ¥36.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 2.2% between 2020 and 2025 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 32.6 per 1,000 residents, so demand for homes is being topped up by newcomers.

Typical vacancy

6.3% of homes were empty in 2023 (14.2% for the wider area), and 4.5% 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 31.3 years of the area's median rent (¥55k 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.

Lower earthquake risk

The government's seismic model gives a 10% chance of shaking of intensity 6-lower or stronger in the next 30 years (43% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

A typical condo costs 5.0 years of local income

Taxpayers here reported an average taxable income of ¥4.1m in 2023 (¥3.9m for the wider area). That is +22% since 2014. The median resale condo sold for about 5.0 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 +9% over five years. They are still 54% 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, 67% are inside the worst-case flood zone (50% 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.

Living in Shimamoto Town, Mishima County: people, homes and risks

Population 2025
31,617
+2.2% since 2020
Osaka: -0.8%
Net moves in 2025
+1,030
+32.58 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
6.3%
4.5% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥55k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
9.7%
chance of shaking of intensity 6-lower or more within 30 years
Osaka: 43.3%
Average income per taxpayer
¥4.1M
taxable income in 2023
Osaka: ¥3.9M
Daytime population
79
people here by day per 100 residents (2020 census)
Foreign residents
0.9%
295 registered residents in 2024
Osaka: 3.7%
Clinics
7.9
per 10,000 residents; 1 hospitals, 10 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥186k/m²
+2.9% in a year · +8.5% in 5 years
Osaka: ¥145k/m²
Flood exposure
66.7%
of 6 benchmark sites in a worst-case flood zone (50.0% 3 m or deeper)
Osaka: 42.5%
Landslide exposure
0.0%
of 6 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 Shimamoto Town, Mishima County

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

¥8.8M

¥104k/m²

  • Wakayamadai
  • Shimamoto · 19 min walk
  • 4LDK · 85 m²
  • Built 1983 (42 yrs) · RC
Typical2025 Q3

¥19.0M

¥253k/m²

  • Minase
  • Minase · 4 min walk
  • 3LDK · 75 m²
  • Built 1974 (51 yrs) · SRC
Higher-priced2026 Q1

¥38.0M

¥543k/m²

  • Minase
  • Minase · 3 min walk
  • 3LDK · 70 m²
  • Built 2001 (25 yrs) · RC

House

Lower-priced2025 Q4

¥36.0M

¥327k/m²

  • Hyakuyama
  • Shimamoto · 13 min walk
  • Land 130 m² · floor 110 m²
  • Built 2005 (20 yrs) · Light steel
Typical2025 Q4

¥53.0M

¥530k/m²

  • Sakurai
  • Shimamoto · 11 min walk
  • Land 135 m² · floor 100 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2025 Q4

¥59.0M

¥536k/m²

  • Sakurai
  • Shimamoto · 11 min walk
  • Land 130 m² · floor 110 m²
  • Built 2025 (0 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 36% between 2023 and 2025. Prices per m² rose 26%, so most of it is a real increase, with the rest coming from larger homes selling. With only 43 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥20.0M¥40.0M¥60.0M¥80.0M200820102012201420162018202020222024
Show data table
YearCondoHouse
2008¥14.0M¥30.5M
2009¥15.0M¥39.0M
2010¥10.0M¥38.5M
2011¥12.0M¥35.0M
2012¥12.0M¥35.0M
2013¥16.0M¥38.0M
2014¥13.0M¥39.0M
2015¥15.0M¥37.5M
2016¥14.0M¥36.0M
2017¥17.0M¥33.0M
2018¥13.5M¥44.0M
2019¥10.0M¥40.0M
2020¥14.0M¥34.5M
2021¥22.0M¥34.0M
2022¥17.5M¥33.5M
2023¥24.0M¥39.0M
2024¥22.0M¥61.0M
2025¥20.5M¥53.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 77% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has widened over the decade as condo prices pulled ahead.
¥0¥200k¥400k¥600k200820102012201420162018202020222024
Show data table
YearCondoHouseLand
2008¥205k/m²¥268k/m²–
2009¥214k/m²¥400k/m²¥180k/m²
2010¥170k/m²¥370k/m²¥150k/m²
2011¥171k/m²¥330k/m²–
2012¥171k/m²¥355k/m²–
2013¥229k/m²¥400k/m²–
2014¥186k/m²¥411k/m²–
2015¥231k/m²¥389k/m²–
2016¥208k/m²¥351k/m²–
2017¥262k/m²¥333k/m²–
2018¥200k/m²¥436k/m²–
2019¥148k/m²¥395k/m²–
2020¥200k/m²¥357k/m²–
2021¥350k/m²¥309k/m²–
2022¥281k/m²¥367k/m²–
2023¥348k/m²¥400k/m²–
2024¥290k/m²¥582k/m²–
2025¥323k/m²¥504k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥524k/m²
50¥217k/m²¥257k/m²
House price per m² by construction period
¥0¥200k¥400k¥600k20092010201120122013201420152016201720182019

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
Year2001-20102011-2020
2009¥411k/m²–
2010¥396k/m²–
2013–¥405k/m²
2015–¥400k/m²
2018–¥463k/m²
2019–¥432k/m²

Prices near train stations in Shimamoto Town, Mishima County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Shimamoto (島本)¥9.9M¥139k/m²¥58.0M910414,564+3% vs 2019
Minase (水無瀬)¥32.0M¥450k/m²¥33.0M6868,568-10% vs 2019
Yamazaki(Kyoto) (山崎(京都))¥19.0M¥277k/m²–1219–

Used condo prices by layout in Shimamoto Town, Mishima County

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥28.5M70 m²60
2LDK¥9.4M62.5 m²14
4LDK¥20.0M80 m²13

How much does an apartment cost in Shimamoto Town, Mishima County?

The median used condo (mansion) in Shimamoto Town, Mishima County sold for ¥20.5M in 2025, about ¥323k/m², based on 38 recorded sales.

How much does a house cost in Shimamoto Town, Mishima County?

The median house sale, including the land, was ¥53.0M in 2025 across 43 sales.

Are property prices in Shimamoto Town, Mishima County going up?

Over the five years to 2025, condo prices per m² changed +61.5%.

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.