Kawagoe, Saitama
Photo: Kawagoe, Saitama · note thanun / Unsplash

Niiza City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 305

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 5.4% a year over the past five years, faster than the 3.2% a year of the five years before.

  2. 2
    Moving with Saitama

    Per m², condos here are 10% below the Saitama average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 88% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    76% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥22.0M

median used condo · ¥357k/m²

14% below the Saitama median

17 of 37 areas in Saitama, highest first

Are prices rising?

+31.6%

over 5 years

Slower than Saitama (+32.2%)

14 of 55 areas in Saitama, highest first

Can local earners afford it?

5.7× income

median price ÷ average taxable income

Easier than Saitama (6.4×)

26 of 61 areas in Saitama, highest first

Rent or buy?

28years of rent

median price ÷ a year of median rent

Shorter than Saitama (34)

31 of 61 areas in Saitama, highest first

Are people moving in?

-0.8%

population, 2020–25

Shrinking faster than Saitama (-0.8%)

23 of 63 areas in Saitama, highest first

How risky is it?

39%

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

Lower than Saitama (52%)

40 of 63 areas in Saitama, highest first

Rent in Niiza City

The average private rental costs ¥69k a month (2023), +4.3% since 2018. Saitama: ¥66k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥53k
vs 2018 +6.7% · Saitama: ¥52k
30–49 m²
1LDK / 2DK
¥67k
vs 2018 +4.8% · Saitama: ¥63k
50–69 m²
2LDK / 3DK
¥89k
vs 2018 +13.9% · Saitama: ¥78k
70–99 m²
3LDK / family
¥97k
vs 2018 +5.3% · Saitama: ¥89k
100–149 m²
mostly houses
¥95k
vs 2018 +11.3% · Saitama: ¥81k
150 m² +
mostly houses
¥104k
vs 2018 +12.6% · Saitama: ¥80k
Rent per m²
¥1,923
median, per month · Saitama: ¥1,682
The median used condo (¥22.0M, 65 m²) costs about 21 years of average rent for a similar-sized home (¥89k 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. 18,890 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 5.4% a year over the past five years, faster than the 3.2% 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.

Moving with Saitama

Per m², condos here are 10% below the Saitama average. That position has barely changed in ten years, so it moves with the wider market.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 88% 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

76% 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 13% 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 ¥12.5M and ¥35.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 0.8% between 2020 and 2025 (−0.8% for the wider area). More people moved in than out in 2025, a net gain of about 3.2 per 1,000 residents, so demand for homes is being topped up by newcomers. Households still grew 2.4% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Few abandoned homes

7.5% of homes were empty in 2023 (9.3% for the wider area), and 3% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Buying vs renting

A median used condo costs about 28.5 years of the area's median rent (¥64k a month), compared with 33.5 years for the wider area. That is a middle-of-the-road ratio for Japan. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 39% chance of shaking of intensity 6-lower or stronger in the next 30 years (52% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

A typical condo costs 5.7 years of local income

Taxpayers here reported an average taxable income of ¥3.9m in 2023 (¥3.9m for the wider area). That is +16% since 2014. The median resale condo sold for about 5.7 times that, against 6.4 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 +2% in the year to January 2026 and +11% over five years. They are still 52% below their 1991 bubble-era level. 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 Niiza City: people, homes and risks

Population 2025
164,698
-0.8% since 2020
Saitama: -0.8%
Net moves in 2025
+531
+3.22 per 1,000 residents
Saitama: +3.08
Vacant homes (2023)
7.5%
3.0% empty and not for rent or sale
Saitama: 9.3%
Median rent (2023)
¥64k
per month, all rented homes
Saitama: ¥62k
Strong earthquake risk
38.7%
chance of shaking of intensity 6-lower or more within 30 years
Saitama: 52.1%
Average income per taxpayer
¥3.9M
taxable income in 2023
Saitama: ¥3.9M
Daytime population
88
people here by day per 100 residents (2020 census)
Foreign residents
3.0%
5,070 registered residents in 2024
Saitama: 3.5%
Clinics
3.9
per 10,000 residents; 7 hospitals, 60 dental clinics (2020)
Saitama: 6.1
Official land price 2026
¥201k/m²
+2.4% in a year · +10.8% in 5 years
Saitama: ¥122k/m²
Flood exposure
0.0%
of 25 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Saitama: 45.4%
Landslide exposure
0.0%
of 25 benchmark sites in a landslide warning area
Saitama: 0.2%

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 Niiza 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

¥15.0M

¥214k/m²

  • Nobitome
  • Niiza · 6 min walk
  • 3LDK · 70 m²
  • Built 1989 (36 yrs) · RC
Typical2025 Q3

¥25.0M

¥357k/m²

  • Nobitome
  • Niiza · 4 min walk
  • 3LDK · 70 m²
  • Built 1989 (36 yrs) · RC
Higher-priced2025 Q4

¥37.0M

¥493k/m²

  • Higashi
  • Shiki(Saitama) · 12 min walk
  • 4LDK · 75 m²
  • Built 1993 (32 yrs) · RC

House

Lower-priced2026 Q1

¥17.0M

¥378k/m²

  • Nobitome
  • Niiza · 16 min walk
  • Land 55 m² · floor 45 m²
  • Built 2015 (11 yrs) · Light steel
Typical2026 Q2

¥35.0M

¥389k/m²

  • Ishigami
  • Higashi Kurume · 25 min walk
  • Land 100 m² · floor 90 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q2

¥46.0M

¥511k/m²

  • Owada
  • Niiza · 15 min walk
  • Land 110 m² · floor 90 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M¥40.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥14.5M¥31.0M
2008¥16.0M¥33.0M
2009¥14.0M¥30.0M
2010¥15.0M¥31.0M
2011¥17.5M¥29.0M
2012¥17.0M¥29.0M
2013¥15.0M¥29.0M
2014¥16.0M¥29.0M
2015¥15.0M¥30.0M
2016¥16.0M¥29.0M
2017¥19.0M¥31.0M
2018¥18.0M¥32.0M
2019¥19.0M¥32.0M
2020¥16.0M¥33.0M
2021¥21.5M¥33.0M
2022¥22.0M¥37.0M
2023¥24.0M¥38.0M
2024¥22.0M¥35.0M
2025¥22.0M¥35.0M
2026 (partial)–¥37.0M
Median price per m² by yearHouses and condos cost about the same per m² — A m² of house floor costs roughly the same as a m² of condo, even though the house includes its land. That usually means land here is expensive, so a house is not a cheap way to get more space.
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥267k/m²¥339k/m²¥180k/m²
2008¥262k/m²¥347k/m²¥170k/m²
2009¥236k/m²¥316k/m²¥150k/m²
2010¥255k/m²¥322k/m²¥175k/m²
2011¥264k/m²¥305k/m²¥170k/m²
2012¥280k/m²¥305k/m²¥150k/m²
2013¥250k/m²¥305k/m²¥150k/m²
2014¥255k/m²¥305k/m²¥130k/m²
2015¥220k/m²¥300k/m²¥140k/m²
2016¥253k/m²¥300k/m²¥160k/m²
2017¥300k/m²¥323k/m²¥170k/m²
2018¥280k/m²¥325k/m²¥170k/m²
2019¥283k/m²¥326k/m²¥190k/m²
2020¥271k/m²¥347k/m²¥185k/m²
2021¥341k/m²¥335k/m²¥205k/m²
2022¥344k/m²¥395k/m²¥210k/m²
2023¥400k/m²¥411k/m²¥190k/m²
2024¥364k/m²¥368k/m²¥180k/m²
2025¥357k/m²¥368k/m²¥220k/m²
2026 (partial)–¥388k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥200k¥400k¥600k05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥431k/m²
1–¥435k/m²
2–¥391k/m²
10–¥340k/m²
16¥483k/m²–
18¥520k/m²¥283k/m²
23¥392k/m²–
25¥508k/m²–
26¥392k/m²–
27¥415k/m²–
28¥369k/m²¥137k/m²
29¥392k/m²–
30¥286k/m²¥260k/m²
31¥364k/m²¥209k/m²
32¥294k/m²¥196k/m²
33–¥225k/m²
35¥258k/m²¥138k/m²
36¥354k/m²¥225k/m²
37–¥288k/m²
41¥207k/m²–
49–¥100k/m²
50¥100k/m²¥142k/m²
House price per m² by construction period
¥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
Year1971-19801981-20002001-20102011-2020
2007–¥286k/m²¥372k/m²–
2008–¥265k/m²¥380k/m²–
2009–¥211k/m²¥344k/m²–
2010–¥206k/m²¥344k/m²–
2011–¥253k/m²¥296k/m²¥349k/m²
2012–¥196k/m²–¥326k/m²
2013–¥224k/m²–¥330k/m²
2014–¥181k/m²–¥341k/m²
2015¥119k/m²¥183k/m²–¥337k/m²
2016–¥183k/m²–¥337k/m²
2017–¥167k/m²¥287k/m²¥357k/m²
2018–¥198k/m²–¥367k/m²
2019–¥220k/m²–¥357k/m²
2020–¥195k/m²–¥367k/m²
2021–¥203k/m²–¥364k/m²
2022–¥212k/m²––
2023–¥244k/m²––
2024¥138k/m²¥203k/m²––
2025¥148k/m²¥227k/m²¥284k/m²–

Prices near train stations in Niiza 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)
Niiza (新座)¥17.0M¥280k/m²¥46.0M1418240,376-4% vs 2019
Hibarigaoka(Tokyo) (ひばりケ丘(東京))¥23.0M¥407k/m²¥34.0M19148–
Shiki(Saitama) (志木)¥37.5M¥574k/m²¥42.0M1514593,798-10% vs 2019
Kiyose (清瀬)¥27.5M¥423k/m²¥35.0M1990–
Oizumi Gakuen (大泉学園)––¥30.0M–90–
Asakadai (朝霞台)¥18.0M¥263k/m²¥32.0M2578148,983-8% vs 2019
Higashi Kurume (東久留米)––¥34.5M2842–
Yanasegawa (柳瀬川)¥8.2M¥144k/m²¥43.0M202817,954-11% vs 2019

Used condo prices by layout in Niiza City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥24.0M65 m²115
2LDK¥22.0M55 m²35
4LDK¥30.0M80 m²17

How much does an apartment cost in Niiza City?

The median used condo (mansion) in Niiza City sold for ¥22.0M in 2025, about ¥357k/m², based on 51 recorded sales.

How much does a house cost in Niiza City?

The median house sale, including the land, was ¥35.0M in 2025 across 204 sales.

Are property prices in Niiza City going up?

Over the five years to 2025, condo prices per m² changed +31.6% and residential land prices changed +18.9%.

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.