Torii gate in Lake Biwa, Shiga
Photo: Torii gate in Lake Biwa, Shiga · alina ozerova / Unsplash

Omihachiman City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 193

In short

  1. 1
    Steady, predictable growth

    House prices per m² have climbed about 2.4% a year, roughly in line with the previous five years.

  2. 2
    Outperforming Shiga

    Per m², houses here are priced close to the Shiga average.

  3. 3
    Being near a station is worth a lot

    Houses within a 5-minute walk of a station sell for about 21% more per m² than those 11–15 minutes away.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥11.3M and ¥42.8M.

The answers, compared

What does a home cost?

¥25.0M

median house · ¥189k/m²

17% above the Shiga median

3 of 10 areas in Shiga, highest first

Are prices rising?

-5.8%

over 5 years

Slower than Shiga (+8.3%)

9 of 14 areas in Shiga, highest first

Can local earners afford it?

7.0× income

median price ÷ average taxable income

Harder than Shiga (6.5×)

3 of 12 areas in Shiga, highest first

Rent or buy?

40years of rent

median price ÷ a year of median rent

In line with Shiga (39)

4 of 12 areas in Shiga, highest first

Are people moving in?

-2.1%

population, 2020–25

Shrinking faster than Shiga (-1.5%)

8 of 14 areas in Shiga, highest first

How risky is it?

49%

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

Higher than Shiga (21%)

1 of 14 areas in Shiga, highest first

Rent in Omihachiman City

The average private rental costs ¥59k a month (2023), +3.0% since 2018. Shiga: ¥56k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥50k
vs 2018 +2.2% · Shiga: ¥45k
30–49 m²
1LDK / 2DK
¥56k
vs 2018 +4.8% · Shiga: ¥55k
50–69 m²
2LDK / 3DK
¥64k
vs 2018 +2.6% · Shiga: ¥65k
70–99 m²
3LDK / family
¥82k
vs 2018 +29.9% · Shiga: ¥73k
Rent per m²
¥1,383
median, per month · Shiga: ¥1,393

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. 5,380 rented homes.

What the data says

Steady, predictable growth

House prices per m² have climbed about 2.4% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Outperforming Shiga

Per m², houses here are priced close to the Shiga average. The premium has grown from 9% ten years ago, so Omihachiman City has been outperforming its surroundings.

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 21% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

What a typical purchase costs

Half of all house sales last year were between ¥11.3M and ¥42.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.1% between 2020 and 2025 (−1.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.6% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

10.6% of homes were empty in 2023 (12.3% for the wider area), and 7.2% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Moderate earthquake risk

The government's seismic model gives a 49% chance of shaking of intensity 6-lower or stronger in the next 30 years (21% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.5m in 2023 (¥3.7m for the wider area). That is +16% since 2014. 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 +1% in the year to January 2026 and +1% over five years. They are still 48% 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, 62% 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 Omihachiman City: people, homes and risks

Population 2025
79,393
-2.1% since 2020
Shiga: -1.5%
Net moves in 2025
+108
+1.36 per 1,000 residents
Shiga: +0.25
Vacant homes (2023)
10.6%
7.2% empty and not for rent or sale
Shiga: 12.3%
Median rent (2023)
¥53k
per month, all rented homes
Shiga: ¥52k
Strong earthquake risk
48.8%
chance of shaking of intensity 6-lower or more within 30 years
Shiga: 20.6%
Average income per taxpayer
¥3.5M
taxable income in 2023
Shiga: ¥3.7M
Daytime population
91
people here by day per 100 residents (2020 census)
Foreign residents
2.7%
2,241 registered residents in 2024
Shiga: 3.0%
Clinics
6.8
per 10,000 residents; 3 hospitals, 31 dental clinics (2020)
Shiga: 7.8
Official land price 2026
¥42k/m²
+0.9% in a year · +1.2% in 5 years
Shiga: ¥41k/m²
Flood exposure
61.5%
of 13 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shiga: 50.0%
Landslide exposure
0.0%
of 13 benchmark sites in a landslide warning area
Shiga: 1.6%

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 Omihachiman 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.

House

Lower-priced2026 Q1

¥9.3M

¥60k/m²

  • Azuchichojorakuji
  • Azuchi · 3 min walk
  • Land 200 m² · floor 155 m²
  • Built 1976 (50 yrs) · Wood
Typical2026 Q2

¥24.0M

¥229k/m²

  • Azuchichoshimotoira
  • Azuchi · 10 min walk
  • Land 185 m² · floor 105 m²
  • Built 2010 (16 yrs) · Wood
Higher-priced2025 Q4

¥43.0M

¥391k/m²

  • Azuchichonishioiso
  • Azuchi
  • Land 210 m² · floor 110 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥24.0M
2008¥24.0M
2009¥20.0M
2010¥24.0M
2011¥22.0M
2012¥17.0M
2013¥20.0M
2014¥19.0M
2015¥14.0M
2016¥16.0M
2017¥19.0M
2018¥19.0M
2019¥17.0M
2020¥19.0M
2021¥23.0M
2022¥19.0M
2023¥23.5M
2024¥21.0M
2025¥25.0M
2026 (partial)¥19.0M
Median price per m² by year
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥192k/m²¥63k/m²
2008¥211k/m²¥64k/m²
2009¥171k/m²¥61k/m²
2010¥197k/m²¥59k/m²
2011¥166k/m²¥60k/m²
2012¥147k/m²¥52k/m²
2013¥152k/m²¥50k/m²
2014¥140k/m²¥36k/m²
2015¥113k/m²¥36k/m²
2016¥140k/m²¥41k/m²
2017¥159k/m²¥42k/m²
2018¥126k/m²¥50k/m²
2019¥121k/m²¥34k/m²
2020¥162k/m²¥52k/m²
2021¥171k/m²¥45k/m²
2022¥133k/m²¥43k/m²
2023¥178k/m²¥57k/m²
2024¥129k/m²¥51k/m²
2025¥189k/m²¥49k/m²
2026 (partial)¥169k/m²¥49k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k¥400k05101520253035404550
Show data table
Building age (years)House
0¥312k/m²
1¥280k/m²
43¥70k/m²
44¥64k/m²
45¥54k/m²
46¥150k/m²
50¥61k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k200820102012201420162018202020222024

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
2008––¥271k/m²–
2009¥114k/m²¥133k/m²¥250k/m²–
2010––¥252k/m²–
2011–––¥238k/m²
2012–¥114k/m²–¥238k/m²
2013–––¥238k/m²
2014–¥128k/m²–¥229k/m²
2016–¥94k/m²–¥236k/m²
2017–––¥225k/m²
2018¥57k/m²––¥242k/m²
2019¥75k/m²¥104k/m²–¥264k/m²
2020–––¥242k/m²
2022–¥120k/m²––
2023–¥114k/m²––
2024–¥93k/m²––
2025–¥148k/m²––

Prices near train stations in Omihachiman 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)
Omihachiman (近江八幡)––¥25.0M1817533,996-11% vs 2019
Shinohara(Shiga) (篠原(滋賀))––¥20.0M15533,966-9% vs 2019
Azuchi (安土)––¥22.0M8374,212-19% vs 2019

How much does a house cost in Omihachiman City?

The median house sale, including the land, was ¥25.0M in 2025 across 98 sales.

Are property prices in Omihachiman City going up?

Over the five years to 2025, residential land prices changed -5.8%.

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.