Mount Fuji from Fuji City, Shizuoka
Photo: Mount Fuji from Fuji City, Shizuoka · wei / Unsplash

Kakegawa 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
    Price growth is speeding up

    House values per m² have risen about 1.8% a year over the past five years, faster than the 2.1% a year of the five years before.

  2. 2
    Outperforming Shizuoka

    Per m², houses here are 7% below the Shizuoka average.

  3. 3
    What a typical purchase costs

    Half of all house sales last year were between ¥8.2M and ¥33.5M.

  4. 4
    A shrinking population

    The population fell 2.9% between 2020 and 2025 (−4.5% for the wider area).

The answers, compared

What does a home cost?

¥16.0M

median house · ¥116k/m²

15% below the Shizuoka median

13 of 23 areas in Shizuoka, highest first

Are prices rising?

+11.1%

over 5 years

Slower than Shizuoka (+15.6%)

17 of 29 areas in Shizuoka, highest first

Can local earners afford it?

4.6× income

median price ÷ average taxable income

In line with Shizuoka (4.4×)

15 of 30 areas in Shizuoka, highest first

Rent or buy?

27years of rent

median price ÷ a year of median rent

Longer than Shizuoka (25)

15 of 27 areas in Shizuoka, highest first

Are people moving in?

-2.9%

population, 2020–25

Shrinking slower than Shizuoka (-4.5%)

5 of 31 areas in Shizuoka, highest first

How risky is it?

72%

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

In line with Shizuoka (72%)

17 of 31 areas in Shizuoka, highest first

Rent in Kakegawa City

The average private rental costs ¥50k a month (2023), -8.0% since 2018. Shizuoka: ¥56k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥39k
vs 2018 -5.2% · Shizuoka: ¥43k
30–49 m²
1LDK / 2DK
¥48k
vs 2018 -3.8% · Shizuoka: ¥53k
50–69 m²
2LDK / 3DK
¥55k
vs 2018 -7.5% · Shizuoka: ¥64k
70–99 m²
3LDK / family
¥69k
vs 2018 +0.7% · Shizuoka: ¥74k
Rent per m²
¥1,207
median, per month · Shizuoka: ¥1,317

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. 9,860 rented homes.

What the data says

Price growth is speeding up

House values per m² have risen about 1.8% a year over the past five years, faster than the 2.1% 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.

Outperforming Shizuoka

Per m², houses here are 7% below the Shizuoka average. The discount has shrunk from 16% ten years ago, so Kakegawa City is catching up with its surroundings.

What a typical purchase costs

Half of all house sales last year were between ¥8.2M and ¥33.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.9% between 2020 and 2025 (−4.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 3.8% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

17.1% of homes were empty in 2023 (16.7% for the wider area), and 5.9% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

High earthquake risk

The government's seismic model gives a 72% chance of shaking of intensity 6-lower or stronger in the next 30 years (72% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.4m in 2023 (¥3.6m for the wider area). That is +14% 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 -1% 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, 33% 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 Kakegawa City: people, homes and risks

Population 2025
111,662
-2.9% since 2020
Shizuoka: -4.5%
Net moves in 2025
-51
-0.46 per 1,000 residents
Shizuoka: -1.93
Vacant homes (2023)
17.1%
5.9% empty and not for rent or sale
Shizuoka: 16.7%
Median rent (2023)
¥50k
per month, all rented homes
Shizuoka: ¥53k
Strong earthquake risk
72.0%
chance of shaking of intensity 6-lower or more within 30 years
Shizuoka: 72.1%
Average income per taxpayer
¥3.4M
taxable income in 2023
Shizuoka: ¥3.6M
Daytime population
100
people here by day per 100 residents (2020 census)
Foreign residents
4.7%
5,423 registered residents in 2024
Shizuoka: 3.4%
Clinics
6.8
per 10,000 residents; 5 hospitals, 48 dental clinics (2020)
Shizuoka: 7.9
Official land price 2026
¥46k/m²
-0.2% in a year · -1.5% in 5 years
Shizuoka: ¥64k/m²
Flood exposure
33.3%
of 12 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Shizuoka: 44.4%
Landslide exposure
0.0%
of 12 benchmark sites in a landslide warning area
Shizuoka: 1.5%

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 Kakegawa 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

¥5.8M

¥39k/m²

  • Osaka
  • Kakegawa
  • Land 410 m² · floor 150 m²
  • Built 1976 (49 yrs) · Wood
Typical2026 Q1

¥16.0M

¥168k/m²

  • Nishiobuchi
  • Aino(Shizuoka)
  • Land 280 m² · floor 95 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q1

¥34.0M

¥324k/m²

  • Shimotaruki
  • Kakegawa
  • Land 290 m² · floor 105 m²
  • Built 2024 (2 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008¥20.0M
2009¥13.5M
2010¥17.0M
2011¥19.0M
2012¥18.0M
2013¥15.0M
2014¥18.0M
2015¥18.0M
2016¥20.0M
2017¥20.0M
2018¥21.0M
2019¥16.5M
2020¥16.0M
2021¥20.0M
2022¥19.0M
2023¥16.0M
2024¥20.0M
2025¥16.0M
2026 (partial)¥20.0M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥44k/m²
2008¥155k/m²¥39k/m²
2009¥104k/m²¥37k/m²
2010¥120k/m²¥39k/m²
2011¥121k/m²¥35k/m²
2012¥128k/m²¥42k/m²
2013¥126k/m²¥37k/m²
2014¥127k/m²¥38k/m²
2015¥133k/m²¥37k/m²
2016¥138k/m²¥33k/m²
2017¥125k/m²¥32k/m²
2018¥162k/m²¥33k/m²
2019¥109k/m²¥23k/m²
2020¥125k/m²¥36k/m²
2021¥136k/m²¥35k/m²
2022¥105k/m²¥28k/m²
2023¥92k/m²¥35k/m²
2024¥140k/m²¥9k/m²
2025¥116k/m²¥40k/m²
2026 (partial)¥125k/m²¥36k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥263k/m²
1¥290k/m²
19¥156k/m²
25¥112k/m²
27¥78k/m²
28¥103k/m²
30¥85k/m²
31¥82k/m²
32¥58k/m²
33¥65k/m²
50¥56k/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
Year1981-20002001-20102011-2020
2008¥119k/m²¥242k/m²–
2010¥104k/m²––
2012¥112k/m²––
2013¥93k/m²––
2014¥108k/m²––
2015¥108k/m²–¥246k/m²
2016¥90k/m²–¥225k/m²
2017¥89k/m²–¥275k/m²
2018¥96k/m²–¥220k/m²
2019¥100k/m²–¥233k/m²
2020¥74k/m²–¥229k/m²
2021¥96k/m²–¥270k/m²
2022¥90k/m²––
2023¥72k/m²––
2024¥95k/m²––
2025¥71k/m²––

Prices near train stations in Kakegawa 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)
Kakegawa (掛川)¥27.0M¥375k/m²¥19.0M1625122,735-7% vs 2019
Aino(Shizuoka) (愛野(静岡))––¥27.0M11275,844-13% vs 2019
Fukuroi (袋井)––¥9.5M–179,308-13% vs 2019
Kikugawa(Shizuoka) (菊川(静岡))––¥9.1M–127,476-8% vs 2019

How much does a house cost in Kakegawa City?

The median house sale, including the land, was ¥16.0M in 2025 across 87 sales.

Are property prices in Kakegawa City going up?

Over the five years to 2025, residential land prices changed +11.1%.

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.