Shinsekai, Osaka
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Sumiyoshi Ward, Osaka City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 297

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 5.1% a year over the past five years, faster than the 3.1% a year of the five years before.

  2. 2
    Lagging Osaka

    Per m², condos here are 18% below the Osaka average.

  3. 3
    Station distance barely matters

    Condos 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

  4. 4
    A family market

    68% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥26.0M

median used condo · ¥432k/m²

22% below the Osaka median

19 of 55 areas in Osaka, highest first

Are prices rising?

+27.7%

over 5 years

Slower than Osaka (+50.0%)

33 of 64 areas in Osaka, highest first

Can local earners afford it?

6.6× income

median price ÷ average taxable income

Harder than Osaka (5.6×)

8 of 68 areas in Osaka, highest first

Rent or buy?

40years of rent

median price ÷ a year of median rent

Longer than Osaka (32)

7 of 64 areas in Osaka, highest first

Are people moving in?

-1.7%

population, 2020–25

Shrinking faster than Osaka (-0.8%)

34 of 68 areas in Osaka, highest first

How risky is it?

37%

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

Lower than Osaka (43%)

34 of 68 areas in Osaka, highest first

Rent in Sumiyoshi Ward, Osaka City

The average private rental costs ¥60k a month (2023), +3.2% since 2018. Osaka: ¥64k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥46k
vs 2018 +4.3% · Osaka: ¥50k
30–49 m²
1LDK / 2DK
¥61k
vs 2018 +5.7% · Osaka: ¥65k
50–69 m²
2LDK / 3DK
¥75k
vs 2018 +4.4% · Osaka: ¥80k
70–99 m²
3LDK / family
¥87k
vs 2018 +3.5% · Osaka: ¥89k
100–149 m²
mostly houses
¥100k
vs 2018 +23.1% · Osaka: ¥82k
Rent per m²
¥1,741
median, per month · Osaka: ¥1,794
The median used condo (¥26.0M, 60 m²) costs about 29 years of average rent for a similar-sized home (¥75k 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. 35,320 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 5.1% a year over the past five years, faster than the 3.1% 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 18% below the Osaka average. Ten years ago the gap was 3%, so Sumiyoshi Ward, Osaka City has been falling behind the rest of Osaka.

Station distance barely matters

Condos 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

A family market

68% 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 ¥15.8M and ¥37.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.7% between 2020 and 2025 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 4.3 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 1% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

17% of homes were empty in 2023 (14.2% for the wider area), and 3.7% 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 39.5 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.

Moderate earthquake risk

The government's seismic model gives a 37% 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 6.6 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 +21% since 2014. The median resale condo sold for about 6.6 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 rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +6% in the year to January 2026 and +15% 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, 57% are inside the worst-case flood 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 Sumiyoshi Ward, Osaka City: people, homes and risks

Population 2025
150,459
-1.7% since 2020
Osaka: -0.8%
Net moves in 2025
+651
+4.33 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
17.0%
3.7% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥55k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
36.5%
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
92
people here by day per 100 residents (2020 census)
Foreign residents
4.1%
6,225 registered residents in 2024
Osaka: 3.7%
Clinics
11.0
per 10,000 residents; 10 hospitals, 121 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥278k/m²
+5.5% in a year · +15.2% in 5 years
Osaka: ¥145k/m²
Flood exposure
57.1%
of 21 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Osaka: 42.5%
Landslide exposure
0.0%
of 21 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 Sumiyoshi 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 Q1

¥13.0M

¥520k/m²

  • Abikohigashi
  • Abiko(Osaka) · 3 min walk
  • 1K · 25 m²
  • Built 2004 (22 yrs) · RC
Typical2026 Q1

¥24.0M

¥480k/m²

  • Sawanocho
  • Sawanocho · 6 min walk
  • 2LDK · 50 m²
  • Built 1994 (32 yrs) · RC
Higher-priced2026 Q1

¥38.0M

¥543k/m²

  • Minamisumiyoshi
  • Sawanocho · 15 min walk
  • 3LDK · 70 m²
  • Built 2013 (13 yrs) · RC

House

Lower-priced2026 Q1

¥12.0M

¥218k/m²

  • Karita
  • Abiko(Osaka) · 11 min walk
  • Land 45 m² · floor 55 m²
  • Built 1970 (56 yrs) · Wood
Typical2025 Q4

¥40.0M

¥348k/m²

  • Bandai
  • Tezukayama 4 Chome · 4 min walk
  • Land 70 m² · floor 115 m²
  • Built 2010 (15 yrs) · Wood
Higher-priced2026 Q2

¥70.0M

¥179k/m²

  • Tonotsuji
  • Sawanocho · 3 min walk
  • Land 240 m² · floor 390 m²
  • Built 1968 (58 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005–¥33.5M
2006¥19.0M¥30.0M
2007¥15.0M¥35.0M
2008¥16.0M¥34.0M
2009¥19.0M¥26.0M
2010¥17.0M¥30.0M
2011¥17.0M¥28.0M
2012¥14.5M¥32.0M
2013¥18.0M¥30.5M
2014¥18.0M¥30.0M
2015¥18.0M¥28.0M
2016¥18.0M¥28.0M
2017¥22.0M¥32.0M
2018¥18.0M¥24.0M
2019¥22.0M¥38.0M
2020¥21.0M¥34.0M
2021¥23.0M¥36.0M
2022¥23.5M¥28.0M
2023¥28.0M¥31.0M
2024¥29.0M¥30.0M
2025¥26.0M¥38.0M
2026 (partial)¥29.0M¥35.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 32% 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.
¥0¥200k¥400k¥600k20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005–¥262k/m²¥245k/m²
2006¥277k/m²¥280k/m²¥260k/m²
2007¥273k/m²¥285k/m²¥270k/m²
2008¥245k/m²¥290k/m²¥255k/m²
2009¥281k/m²¥228k/m²¥225k/m²
2010¥273k/m²¥252k/m²¥210k/m²
2011¥286k/m²¥241k/m²¥210k/m²
2012¥260k/m²¥241k/m²¥210k/m²
2013¥280k/m²¥220k/m²¥220k/m²
2014¥277k/m²¥206k/m²¥200k/m²
2015¥300k/m²¥223k/m²¥210k/m²
2016¥309k/m²¥214k/m²¥230k/m²
2017¥328k/m²¥252k/m²¥220k/m²
2018¥300k/m²¥200k/m²¥245k/m²
2019¥333k/m²¥283k/m²¥240k/m²
2020¥338k/m²¥310k/m²¥230k/m²
2021¥352k/m²¥275k/m²¥300k/m²
2022¥377k/m²¥200k/m²¥290k/m²
2023¥415k/m²¥236k/m²¥345k/m²
2024¥429k/m²¥282k/m²¥330k/m²
2025¥432k/m²¥300k/m²¥310k/m²
2026 (partial)¥434k/m²¥284k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥415k/m²
11¥497k/m²–
17¥504k/m²–
18¥460k/m²–
19¥467k/m²–
20¥452k/m²–
21¥415k/m²–
22¥413k/m²–
23¥474k/m²–
24¥372k/m²¥243k/m²
26¥338k/m²–
28–¥188k/m²
35–¥162k/m²
37–¥166k/m²
38–¥127k/m²
39–¥174k/m²
42–¥152k/m²
48¥229k/m²–
50¥148k/m²¥131k/m²
Condo price per m² by construction period
¥0¥200k¥400k¥600k2006200820102012201420162018202020222024

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¥307k/m²–
2007¥275k/m²–
2008¥267k/m²–
2009¥271k/m²–
2010¥255k/m²–
2011¥244k/m²–
2012¥243k/m²¥350k/m²
2013¥257k/m²¥344k/m²
2014¥275k/m²–
2015¥283k/m²–
2016¥255k/m²–
2017¥283k/m²¥388k/m²
2018¥296k/m²–
2019¥271k/m²–
2020¥320k/m²¥400k/m²
2021¥329k/m²¥440k/m²
2022¥314k/m²–
2023¥331k/m²¥457k/m²
2024¥372k/m²¥513k/m²
2025¥345k/m²¥547k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k20052007200920112013201520172019202120232025

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––¥361k/m²–
2006¥188k/m²¥229k/m²¥363k/m²–
2007¥218k/m²¥225k/m²¥356k/m²–
2008–¥200k/m²¥368k/m²–
2009¥141k/m²¥173k/m²¥322k/m²–
2010–¥182k/m²¥322k/m²–
2011–¥174k/m²–¥336k/m²
2012–¥173k/m²–¥338k/m²
2013–¥175k/m²–¥329k/m²
2014–¥172k/m²–¥343k/m²
2015–¥179k/m²–¥350k/m²
2016¥116k/m²¥189k/m²–¥333k/m²
2017¥155k/m²¥219k/m²–¥376k/m²
2018–¥162k/m²–¥360k/m²
2019¥132k/m²¥195k/m²–¥390k/m²
2020–¥167k/m²–¥368k/m²
2021–¥182k/m²––
2022–¥162k/m²––
2023–¥193k/m²––
2024–¥189k/m²––
2025–¥247k/m²––

Prices near train stations in Sumiyoshi 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)
Nagai(Osaka) (長居)¥30.0M¥440k/m²¥40.0M715643,174-3% vs 2019
Abiko(Osaka) (あびこ)¥28.0M¥467k/m²¥26.5M7101–
Sawanocho (沢ノ町)¥27.5M¥406k/m²¥27.0M6587,593-9% vs 2019
Abikomae (我孫子前)––¥38.0M6538,423-2% vs 2019
Sumiyoshihigashi (住吉東)¥24.0M¥400k/m²¥34.5M6516,230-5% vs 2019
Sugimotocho (杉本町)––¥20.0M64016,770-8% vs 2019
Tezukayama (帝塚山)¥30.5M¥382k/m²¥27.0M4337,396-7% vs 2019
Abikocho (我孫子町)––¥37.0M42610,886-11% vs 2019
Nishitanabe (西田辺)¥31.0M¥462k/m²¥37.0M112622,013-9% vs 2019
Tezukayama 4 Chome (帝塚山四丁目)––¥34.0M4251,037-5% vs 2019
Abikomichi (我孫子道)––¥23.0M5222,167-16% vs 2019
Sumiyoshitaisha (住吉大社)¥26.0M¥400k/m²–5217,866-13% vs 2019
Himematsu (姫松)¥38.0M¥534k/m²–4181,604-18% vs 2019
Suminoe (住ノ江)––¥26.0M81810,947-11% vs 2019
Higashi Kohama (東粉浜)––¥30.0M41464-12% vs 2019

Used condo prices by layout in Sumiyoshi Ward, Osaka City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥33.0M65 m²108
2LDK¥25.0M60 m²32
4LDK¥39.0M80 m²14

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

The median used condo (mansion) in Sumiyoshi Ward, Osaka City sold for ¥26.0M in 2025, about ¥432k/m², based on 84 recorded sales.

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

The median house sale, including the land, was ¥38.0M in 2025 across 146 sales.

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

Over the five years to 2025, condo prices per m² changed +27.7% and residential land prices changed +34.8%.

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.