Shinkyo Bridge, Nikko, Tochigi
Photo: Shinkyo Bridge, Nikko, Tochigi · Roméo A. / Unsplash

Kanuma City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 134

In short

  1. 1
    Price growth is speeding up

    House values per m² have risen about 1.6% a year over the past five years, faster than the 0.8% a year of the five years before.

  2. 2
    Outperforming Tochigi

    Per m², houses here are 8% below the Tochigi 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 28% on the previous three years.

The answers, compared

What does a home cost?

¥20.0M

median house · ¥135k/m²

1% below the Tochigi median

7 of 15 areas in Tochigi, highest first

Are prices rising?

-16.7%

over 5 years

Slower than Tochigi (+51.7%)

14 of 16 areas in Tochigi, highest first

Can local earners afford it?

6.1× income

median price ÷ average taxable income

Harder than Tochigi (4.3×)

4 of 17 areas in Tochigi, highest first

Rent or buy?

37years of rent

median price ÷ a year of median rent

Longer than Tochigi (26)

5 of 17 areas in Tochigi, highest first

Are people moving in?

-5.0%

population, 2020–25

Shrinking faster than Tochigi (-3.5%)

12 of 17 areas in Tochigi, highest first

How risky is it?

7%

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

Lower than Tochigi (17%)

17 of 17 areas in Tochigi, highest first

Rent in Kanuma City

The average private rental costs ¥47k a month (2023), -1.0% since 2018. Tochigi: ¥51k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥42k
vs 2018 +22.9% · Tochigi: ¥40k
30–49 m²
1LDK / 2DK
¥46k
vs 2018 +4.4% · Tochigi: ¥49k
50–69 m²
2LDK / 3DK
¥52k
vs 2018 -1.5% · Tochigi: ¥58k
70–99 m²
3LDK / family
¥59k
vs 2018 -2.7% · Tochigi: ¥66k
Rent per m²
¥1,138
median, per month · Tochigi: ¥1,240

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. 5,620 rented homes.

What the data says

Price growth is speeding up

House values per m² have risen about 1.6% a year over the past five years, faster than the 0.8% 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 Tochigi

Per m², houses here are 8% below the Tochigi average. The discount has shrunk from 19% ten years ago, so Kanuma City is catching up with 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 28% 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 ¥5.2M and ¥29.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 5% between 2020 and 2025 (−3.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.4% 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 (16.9% for the wider area), and 6.1% 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 7% chance of shaking of intensity 6-lower or stronger in the next 30 years (17% 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 ¥3.3m in 2023 (¥3.5m for the wider area). That is +17% 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 -6% over five years. They are still 47% 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, 31% 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 Kanuma City: people, homes and risks

Population 2025
89,360
-5.0% since 2020
Tochigi: -3.5%
Net moves in 2025
-142
-1.59 per 1,000 residents
Tochigi: -1.08
Vacant homes (2023)
11.9%
6.1% empty and not for rent or sale
Tochigi: 16.9%
Median rent (2023)
¥45k
per month, all rented homes
Tochigi: ¥48k
Strong earthquake risk
7.4%
chance of shaking of intensity 6-lower or more within 30 years
Tochigi: 16.5%
Average income per taxpayer
¥3.3M
taxable income in 2023
Tochigi: ¥3.5M
Daytime population
98
people here by day per 100 residents (2020 census)
Foreign residents
2.0%
1,860 registered residents in 2024
Tochigi: 2.9%
Clinics
7.6
per 10,000 residents; 3 hospitals, 49 dental clinics (2020)
Tochigi: 7.9
Official land price 2026
¥28k/m²
-0.5% in a year · -5.7% in 5 years
Tochigi: ¥29k/m²
Flood exposure
30.8%
of 26 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tochigi: 31.1%
Landslide exposure
0.0%
of 26 benchmark sites in a landslide warning area
Tochigi: 0.7%

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 Kanuma 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

¥4.1M

¥26k/m²

  • Asaucho
  • Shin Kanuma · 10 min walk
  • Land 140 m² · floor 155 m²
  • Built 1993 (33 yrs)
Typical2026 Q2

¥10.0M

¥83k/m²

  • Sakaecho
  • Kanuma
  • Land 320 m² · floor 120 m²
  • Built 1982 (44 yrs) · Wood
Higher-priced2025 Q3

¥29.0M

¥290k/m²

  • Saiwaicho
  • Kanuma · 18 min walk
  • Land 190 m² · floor 100 m²
  • Built 2024 (1 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 48% between 2023 and 2025. Prices per m² rose 43% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 75 house sales in 2025, a handful of expensive deals can move the median a lot.2026 so far: treat with caution — The 2026 figure (shaded) is 65% below 2025, but it covers only part of the year and 25 house sales so far. Early-year numbers are often revised and are easily skewed by a few large deals.
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥19.0M
2008¥16.0M
2009¥13.0M
2010¥14.0M
2011¥11.0M
2012¥14.0M
2013¥19.0M
2014¥17.0M
2015¥15.0M
2016¥15.0M
2017¥19.0M
2018¥19.0M
2019¥20.0M
2020¥16.0M
2021¥16.0M
2022¥16.0M
2023¥13.5M
2024¥14.0M
2025¥20.0M
2026 (partial)¥7.0M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥174k/m²¥29k/m²
2008¥109k/m²¥33k/m²
2009¥94k/m²¥33k/m²
2010¥122k/m²¥21k/m²
2011¥116k/m²¥20k/m²
2012¥111k/m²¥24k/m²
2013¥137k/m²¥20k/m²
2014¥114k/m²¥25k/m²
2015¥120k/m²¥20k/m²
2016¥133k/m²¥17k/m²
2017¥160k/m²¥19k/m²
2018¥154k/m²¥20k/m²
2019¥111k/m²¥18k/m²
2020¥115k/m²¥18k/m²
2021¥119k/m²¥15k/m²
2022¥118k/m²¥20k/m²
2023¥94k/m²¥16k/m²
2024¥108k/m²¥21k/m²
2025¥135k/m²¥15k/m²
2026 (partial)¥55k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥233k/m²
1¥236k/m²
25¥62k/m²
28¥53k/m²
50¥25k/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¥92k/m²––
2009¥80k/m²¥185k/m²–
2010¥106k/m²¥217k/m²–
2012¥74k/m²–¥209k/m²
2013¥86k/m²–¥210k/m²
2014¥72k/m²–¥213k/m²
2015¥73k/m²–¥217k/m²
2016¥88k/m²–¥209k/m²
2017¥59k/m²–¥217k/m²
2018¥49k/m²–¥226k/m²
2019¥54k/m²–¥200k/m²
2020¥52k/m²–¥204k/m²
2021¥78k/m²––
2022¥57k/m²––
2023¥52k/m²––
2024¥59k/m²––
2025¥59k/m²––

Prices near train stations in Kanuma 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)
Kanuma (鹿沼)––¥17.5M211283,540-16% vs 2019
Shin Kanuma (新鹿沼)––¥12.0M16482,971-12% vs 2019
Momiyama (樅山)––¥7.4M1032497-9% vs 2019
Kita Kanuma (北鹿沼)––¥25.5M1314143-23% vs 2019
Niregi (楡木)––¥4.1M912211-17% vs 2019

How much does a house cost in Kanuma City?

The median house sale, including the land, was ¥20.0M in 2025 across 75 sales.

Are property prices in Kanuma City going up?

Over the five years to 2025, residential land prices changed -16.7%.

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.