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

Takanezawa Town, Shioya County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 47

In short

  1. 1
    What a typical purchase costs

    Half of all house sales last year were between ¥10.0M and ¥31.3M.

  2. 2
    A shrinking population

    The population fell 2.6% between 2020 and 2025 (−3.5% for the wider area).

  3. 3
    Typical vacancy

    12% of homes were empty in 2023 (16.9% for the wider area), and 3.8% were empty without being for rent, for sale or used as second homes.

  4. 4
    High earthquake risk

    The government's seismic model gives a 57% chance of shaking of intensity 6-lower or stronger in the next 30 years (17% for the wider area).

The answers, compared

What does a home cost?

¥25.0M

median house · ¥200k/m²

47% above the Tochigi median

2 of 15 areas in Tochigi, highest first

Are prices rising?

+60.9%

over 5 years

Faster than Tochigi (+51.7%)

3 of 16 areas in Tochigi, highest first

Can local earners afford it?

6.9× income

median price ÷ average taxable income

Harder than Tochigi (4.3×)

2 of 17 areas in Tochigi, highest first

Rent or buy?

44years of rent

median price ÷ a year of median rent

Longer than Tochigi (26)

3 of 17 areas in Tochigi, highest first

Are people moving in?

-2.6%

population, 2020–25

Shrinking slower than Tochigi (-3.5%)

7 of 17 areas in Tochigi, highest first

How risky is it?

57%

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

Higher than Tochigi (17%)

1 of 17 areas in Tochigi, highest first

What the data says

What a typical purchase costs

Half of all house sales last year were between ¥10.0M and ¥31.3M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 2.6% between 2020 and 2025 (−3.5% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.7% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

12% of homes were empty in 2023 (16.9% for the wider area), and 3.8% 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 57% chance of shaking of intensity 6-lower or stronger in the next 30 years (17% 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 ¥3.6m in 2023 (¥3.5m 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 -2% over five years. They are still 25% 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, 14% 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 Takanezawa Town, Shioya County: people, homes and risks

Population 2025
28,480
-2.6% since 2020
Tochigi: -3.5%
Net moves in 2025
+56
+1.97 per 1,000 residents
Tochigi: -1.08
Vacant homes (2023)
12.0%
3.8% empty and not for rent or sale
Tochigi: 16.9%
Median rent (2023)
¥48k
per month, all rented homes
Tochigi: ¥48k
Strong earthquake risk
56.7%
chance of shaking of intensity 6-lower or more within 30 years
Tochigi: 16.5%
Average income per taxpayer
¥3.6M
taxable income in 2023
Tochigi: ¥3.5M
Daytime population
85
people here by day per 100 residents (2020 census)
Foreign residents
1.7%
478 registered residents in 2024
Tochigi: 2.9%
Clinics
6.0
per 10,000 residents; 2 hospitals, 12 dental clinics (2020)
Tochigi: 7.9
Official land price 2026
¥28k/m²
-0.1% in a year · -2.3% in 5 years
Tochigi: ¥29k/m²
Flood exposure
14.3%
of 7 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tochigi: 31.1%
Landslide exposure
0.0%
of 7 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 Takanezawa Town, Shioya County

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

¥12.0M

¥67k/m²

  • Hosekidai
  • Hoshakuji · 28 min walk
  • Land 250 m² · floor 180 m²
  • Built 1995 (31 yrs) · Steel
Typical2026 Q1

¥21.0M

¥183k/m²

  • Oaza Hoshakuji
  • Hoshakuji · 9 min walk
  • Land 200 m² · floor 115 m²
  • Built 1979 (47 yrs) · Wood
Higher-priced2025 Q4

¥32.0M

¥145k/m²

  • Hoshakuji
  • Hoshakuji · 11 min walk
  • Land 370 m² · floor 220 m²
  • Built 2008 (17 yrs) · Light steel
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M200820102012201420162018202020222024
Show data table
YearHouse
2008–
2009–
2012¥13.0M
2013–
2014–
2015–
2016¥27.0M
2017¥27.5M
2018¥23.0M
2019–
2020–
2021¥23.0M
2022¥28.0M
2023¥23.5M
2024¥17.0M
2025¥25.0M
Median price per m² by year
¥0¥100k¥200k¥300k200820102012201420162018202020222024
Show data table
YearHouseLand
2008–¥56k/m²
2009–¥25k/m²
2012¥160k/m²–
2013–¥30k/m²
2014–¥34k/m²
2015–¥30k/m²
2016¥209k/m²–
2017¥236k/m²¥33k/m²
2018¥168k/m²¥38k/m²
2019–¥24k/m²
2020–¥23k/m²
2021¥180k/m²¥34k/m²
2022¥232k/m²¥30k/m²
2023¥266k/m²¥42k/m²
2024¥112k/m²¥42k/m²
2025¥200k/m²¥37k/m²

Prices near train stations in Takanezawa Town, Shioya County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Hoshakuji (宝積寺)––¥20.0M14714,054-11% vs 2019

How much does a house cost in Takanezawa Town, Shioya County?

The median house sale, including the land, was ¥25.0M in 2025 across 24 sales.

Are property prices in Takanezawa Town, Shioya County going up?

Over the five years to 2025, residential land prices changed +60.9%.

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.