Izumo Taisha, Izumo, Shimane
Photo: Izumo Taisha, Izumo, Shimane · Yosuke Ota / Unsplash

Izumo City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 322

In short

  1. 1
    Steady, predictable growth

    House prices per m² have climbed about 3.6% a year, roughly in line with the previous five years.

  2. 2
    Outperforming Shimane

    Per m², houses here are 60% above the Shimane average.

  3. 3
    Station distance barely matters

    Houses 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
    Sales are thinning out

    Transactions are down about 12% on the previous three years.

The answers, compared

What does a home cost?

¥17.0M

median house · ¥104k/m²

1.6× the Shimane median

1 of 5 areas in Shimane, highest first

Are prices rising?

-7.7%

over 5 years

Slower than Shimane (+0.5%)

3 of 6 areas in Shimane, highest first

Can local earners afford it?

5.3× income

median price ÷ average taxable income

Easier than Shimane (5.9×)

2 of 6 areas in Shimane, highest first

Rent or buy?

28years of rent

median price ÷ a year of median rent

Shorter than Shimane (34)

2 of 6 areas in Shimane, highest first

Are people moving in?

-1.9%

population, 2020–25

Shrinking slower than Shimane (-6.2%)

1 of 7 areas in Shimane, highest first

How risky is it?

10%

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

Higher than Shimane (6%)

1 of 7 areas in Shimane, highest first

Rent in Izumo City

The average private rental costs ¥52k a month (2023), +5.0% since 2018. Shimane: ¥50k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥44k
vs 2018 +0.7% · Shimane: ¥40k
30–49 m²
1LDK / 2DK
¥50k
vs 2018 +7.0% · Shimane: ¥51k
50–69 m²
2LDK / 3DK
¥59k
vs 2018 +2.2% · Shimane: ¥57k
70–99 m²
3LDK / family
¥60k
vs 2018 +4.4% · Shimane: ¥57k
100–149 m²
mostly houses
¥43k
vs 2018 -13.6% · Shimane: ¥46k
Rent per m²
¥1,233
median, per month · Shimane: ¥1,255

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. 16,410 rented homes.

What the data says

Steady, predictable growth

House prices per m² have climbed about 3.6% a year, roughly in line with the previous five years. There is no sign of overheating or a sudden slowdown.

Outperforming Shimane

Per m², houses here are 60% above the Shimane average. The premium has grown from 1% ten years ago, so Izumo City has been outperforming its surroundings.

Station distance barely matters

Houses 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.

Sales are thinning out

Transactions are down about 12% 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 house sales last year were between ¥6.8M and ¥31.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 1.9% between 2020 and 2025 (−6.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 4.5% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

11.9% of homes were empty in 2023 (17.1% for the wider area), and 6.6% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

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 (6% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.2m in 2023 (¥3.1m for the wider area). That is +19% 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 +2% over five years. 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, 53% 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 Izumo City: people, homes and risks

Population 2025
169,539
-1.9% since 2020
Shimane: -6.2%
Net moves in 2025
-56
-0.33 per 1,000 residents
Shimane: -2.73
Vacant homes (2023)
11.9%
6.6% empty and not for rent or sale
Shimane: 17.1%
Median rent (2023)
¥51k
per month, all rented homes
Shimane: ¥45k
Strong earthquake risk
10.1%
chance of shaking of intensity 6-lower or more within 30 years
Shimane: 6.1%
Average income per taxpayer
¥3.2M
taxable income in 2023
Shimane: ¥3.1M
Daytime population
99
people here by day per 100 residents (2020 census)
Foreign residents
2.9%
4,955 registered residents in 2024
Shimane: 1.6%
Clinics
9.4
per 10,000 residents; 11 hospitals, 61 dental clinics (2020)
Shimane: 10.9
Official land price 2026
¥27k/m²
+0.8% in a year · +2.0% in 5 years
Shimane: ¥28k/m²
Flood exposure
52.6%
of 19 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shimane: 51.5%
Landslide exposure
0.0%
of 19 benchmark sites in a landslide warning area
Shimane: 4.5%

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 Izumo 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-priced2025 Q4

¥4.5M

¥28k/m²

  • Hiratacho
  • Unsyu Hirata · 9 min walk
  • Land 320 m² · floor 160 m²
  • Built 1975 (50 yrs) · Wood
Typical2026 Q1

¥20.0M

¥154k/m²

  • Hikawachokaminaoe
  • Naoe · 13 min walk
  • Land 320 m² · floor 130 m²
  • Built 2011 (15 yrs) · Wood
Higher-priced2026 Q1

¥35.0M

¥318k/m²

  • Otsucho
  • Izumoshi · 16 min walk
  • Land 230 m² · floor 110 m²
  • Built 2021 (5 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥12.0M
2008¥15.0M
2009¥14.0M
2010¥10.0M
2011¥16.0M
2012¥15.0M
2013¥15.0M
2014¥8.8M
2015¥14.0M
2016¥12.0M
2017¥15.0M
2018¥13.0M
2019¥7.9M
2020¥17.0M
2021¥15.0M
2022¥17.0M
2023¥15.0M
2024¥17.5M
2025¥17.0M
2026 (partial)¥19.0M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥82k/m²¥32k/m²
2008¥87k/m²¥29k/m²
2009¥81k/m²¥30k/m²
2010¥68k/m²¥26k/m²
2011¥86k/m²¥24k/m²
2012¥93k/m²¥27k/m²
2013¥96k/m²¥24k/m²
2014¥55k/m²¥22k/m²
2015¥88k/m²¥24k/m²
2016¥75k/m²¥22k/m²
2017¥71k/m²¥25k/m²
2018¥74k/m²¥24k/m²
2019¥62k/m²¥25k/m²
2020¥111k/m²¥26k/m²
2021¥78k/m²¥27k/m²
2022¥104k/m²¥30k/m²
2023¥90k/m²¥26k/m²
2024¥103k/m²¥25k/m²
2025¥104k/m²¥24k/m²
2026 (partial)¥133k/m²¥39k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥294k/m²
1¥292k/m²
34¥77k/m²
40¥102k/m²
44¥36k/m²
45¥58k/m²
46¥90k/m²
47¥56k/m²
49¥57k/m²
50¥35k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

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
Year1971-19801981-20002011-2020
2007–¥106k/m²–
2008–¥91k/m²–
2009¥54k/m²¥92k/m²–
2010¥63k/m²¥87k/m²–
2012–¥105k/m²–
2013¥59k/m²¥100k/m²–
2014¥51k/m²¥68k/m²–
2015–¥100k/m²–
2016–¥82k/m²–
2017–¥72k/m²–
2018–¥68k/m²¥244k/m²
2019¥30k/m²¥89k/m²–
2020–¥81k/m²¥249k/m²
2021¥48k/m²¥66k/m²–
2022–¥109k/m²–
2023¥67k/m²¥77k/m²–
2024–¥97k/m²–
2025¥46k/m²¥86k/m²–

Prices near train stations in Izumo 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)
Izumoshi (出雲市)¥28.0M¥415k/m²¥20.0M161974,580-9% vs 2019
Naoe (直江)––¥25.0M1942792-9% vs 2019
Unsyu Hirata (雲州平田)––¥6.0M1126944-20% vs 2019
Izumotaisya Mae (出雲大社前)––¥9.1M1022951+18% vs 2019
Nishi Izumo (西出雲)––¥11.0M1419486-22% vs 2019
Shobara (荘原)––¥12.5M914552-13% vs 2019

How much does a house cost in Izumo City?

The median house sale, including the land, was ¥17.0M in 2025 across 129 sales.

Are property prices in Izumo City going up?

Over the five years to 2025, residential land prices changed -7.7%.

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.