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

Unnan City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 39

In short

  1. 1
    Being near a station is worth a lot

    Houses within a 5-minute walk of a station sell for about 19% more per m² than those 16–29 minutes away.

  2. 2
    What a typical purchase costs

    Half of all house sales last year were between ¥4.0M and ¥10.0M.

  3. 3
    A shrinking population

    The population fell 9.1% between 2020 and 2025 (−6.2% for the wider area).

  4. 4
    Many abandoned homes

    15.4% of homes were empty in 2023 (17.1% for the wider area), and 11.3% were empty without being for rent, for sale or used as second homes.

The answers, compared

What does a home cost?

¥6.0M

median house · ¥58k/m²

9% below the Shimane median

2 of 5 areas in Shimane, highest first

Can local earners afford it?

2.0× income

median price ÷ average taxable income

Easier than Shimane (5.9×)

5 of 6 areas in Shimane, highest first

Rent or buy?

14years of rent

median price ÷ a year of median rent

Shorter than Shimane (34)

4 of 6 areas in Shimane, highest first

Are people moving in?

-9.1%

population, 2020–25

Shrinking faster than Shimane (-6.2%)

4 of 7 areas in Shimane, highest first

How risky is it?

2%

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

Lower than Shimane (6%)

6 of 7 areas in Shimane, highest first

Rent in Unnan City

The average private rental costs ¥43k a month (2023), +10.3% since 2018. Shimane: ¥50k

Rent per m²
¥926
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. 640 rented homes.

What the data says

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 19% more per m² than those 16–29 minutes away. The penalty for a longer walk is mild, so it is worth widening your search radius.

What a typical purchase costs

Half of all house sales last year were between ¥4.0M and ¥10.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 9.1% between 2020 and 2025 (−6.2% for the wider area). More people moved out than in during 2025 (about 4.5 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

15.4% of homes were empty in 2023 (17.1% for the wider area), and 11.3% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow.

Lower earthquake risk

The government's seismic model gives a 2% 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 ¥3.1m in 2023 (¥3.1m for the wider area). That is +22% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are still falling

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed 0% in the year to January 2026 and 0% over five years. 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 (33% 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 Unnan City: people, homes and risks

Population 2025
32,730
-9.1% since 2020
Shimane: -6.2%
Net moves in 2025
-148
-4.52 per 1,000 residents
Shimane: -2.73
Vacant homes (2023)
15.4%
11.3% empty and not for rent or sale
Shimane: 17.1%
Median rent (2023)
¥35k
per month, all rented homes
Shimane: ¥45k
Strong earthquake risk
2.2%
chance of shaking of intensity 6-lower or more within 30 years
Shimane: 6.1%
Average income per taxpayer
¥3.1M
taxable income in 2023
Shimane: ¥3.1M
Daytime population
94
people here by day per 100 residents (2020 census)
Foreign residents
0.8%
275 registered residents in 2024
Shimane: 1.6%
Clinics
8.9
per 10,000 residents; 3 hospitals, 14 dental clinics (2020)
Shimane: 10.9
Official land price 2026
¥20k/m²
-0.1% in a year · -0.2% in 5 years
Shimane: ¥28k/m²
Flood exposure
66.7%
of 9 benchmark sites in a worst-case flood zone (33.3% 3 m or deeper)
Shimane: 51.5%
Landslide exposure
0.0%
of 9 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 Unnan 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 Q3

¥4.5M

¥45k/m²

  • Mitoyachomitoya
  • Kisuki
  • Land 210 m² · floor 100 m²
  • Built 1966 (59 yrs) · Wood
Typical2025 Q4

¥6.0M

¥29k/m²

  • Kisukichoshin-ichi
  • Kisuki · 25 min walk
  • Land 630 m² · floor 210 m²
  • Built 1979 (46 yrs) · Wood
Higher-priced2025 Q3

¥11.0M

¥65k/m²

  • Daitochodaito
  • Izumo Daito · 21 min walk
  • Land 400 m² · floor 170 m²
  • Built 1996 (29 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥6.3M
2009¥4.9M
2010–
2011¥16.0M
2012–
2013¥6.2M
2014¥12.0M
2015¥5.8M
2016–
2017–
2018¥4.0M
2019¥5.0M
2020–
2021–
2022–
2023–
2024–
2025¥6.0M
Median price per m² by year
¥0¥20k¥40k¥60k¥80k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥26k/m²
2008¥45k/m²¥21k/m²
2009¥40k/m²¥17k/m²
2010–¥17k/m²
2011¥75k/m²¥19k/m²
2012–¥17k/m²
2013¥52k/m²¥19k/m²
2014¥35k/m²¥13k/m²
2015¥36k/m²¥21k/m²
2016–¥18k/m²
2017–¥18k/m²
2018¥32k/m²¥19k/m²
2019¥34k/m²¥21k/m²
2020–¥21k/m²
2021–¥17k/m²
2022–¥22k/m²
2023–¥18k/m²
2024–¥15k/m²
2025¥58k/m²–

Prices near train stations in Unnan 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)
Kisuki (木次)––¥4.5M1021230-10% vs 2019
Izumo Daito (出雲大東)––¥7.2M917204-31% vs 2019

How much does a house cost in Unnan City?

The median house sale, including the land, was ¥6.0M in 2025 across 21 sales.

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.