Roppongi, Minato, Tokyo
Photo: Roppongi, Minato, Tokyo · Takashi Miyazaki / Unsplash

Chofu City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 453

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 7% a year over the past five years, faster than the 1% a year of the five years before.

  2. 2
    Lagging Tokyo

    Per m², condos here are 28% below the Tokyo average.

  3. 3
    Being near a station is worth a lot

    Condos within a 5-minute walk of a station sell for about 40% more per m² than those 11–15 minutes away.

  4. 4
    A family market

    53% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥45.0M

median used condo · ¥786k/m²

27% below the Tokyo median

25 of 47 areas in Tokyo, highest first

Are prices rising?

+45.9%

over 5 years

Faster than Tokyo (+26.5%)

5 of 50 areas in Tokyo, highest first

Can local earners afford it?

9.4× income

median price ÷ average taxable income

Harder than Tokyo (6.8×)

7 of 50 areas in Tokyo, highest first

Rent or buy?

50years of rent

median price ÷ a year of median rent

Longer than Tokyo (39)

7 of 50 areas in Tokyo, highest first

Are people moving in?

+1.2%

population, 2020–25

In line with Tokyo (+1.4%)

21 of 50 areas in Tokyo, highest first

How risky is it?

32%

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

Lower than Tokyo (53%)

38 of 50 areas in Tokyo, highest first

Rent in Chofu City

The average private rental costs ¥84k a month (2023), +4.0% since 2018. Tokyo: ¥95k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥62k
vs 2018 +2.6% · Tokyo: ¥70k
30–49 m²
1LDK / 2DK
¥90k
vs 2018 +9.7% · Tokyo: ¥99k
50–69 m²
2LDK / 3DK
¥115k
vs 2018 +6.9% · Tokyo: ¥126k
70–99 m²
3LDK / family
¥129k
vs 2018 +1.7% · Tokyo: ¥155k
100–149 m²
mostly houses
¥150k
vs 2018 +34.5% · Tokyo: ¥191k
Rent per m²
¥2,513
median, per month · Tokyo: ¥2,800
The median used condo (¥45.0M, 65 m²) costs about 33 years of average rent for a similar-sized home (¥115k a month).
Excludes management fees, repair reserve, property tax and mortgage interest.

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. 46,000 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 7% a year over the past five years, faster than the 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.

Lagging Tokyo

Per m², condos here are 28% below the Tokyo average. Ten years ago the gap was 20%, so Chofu City has been falling behind the rest of Tokyo.

Being near a station is worth a lot

Condos within a 5-minute walk of a station sell for about 40% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

A family market

53% of recent condo sales have three or more bedrooms. Demand comes mainly from owner-occupier families, which tends to make prices steadier but rental yields lower.

Sales are thinning out

Transactions are down about 16% 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 condo sales last year were between ¥30.0M and ¥60.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 1.2% between 2020 and 2025 (+1.4% for the wider area). More people moved in than out in 2025, a net gain of about 7.8 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

9.7% of homes were empty in 2023 (10.9% for the wider area), and 1.7% were empty without being for rent, for sale or used as second homes. Most empty homes here are rentals between tenants, not abandoned houses, a sign of a healthy market.

Buying vs renting

A median used condo costs about 49.7 years of the area's median rent (¥76k a month), compared with 39.4 years for the wider area. Prices are high relative to rents, so rental yields are thin and buyers are paying for expected growth. Rents here cover all rented homes, so treat this as a rough guide.

Moderate earthquake risk

The government's seismic model gives a 32% chance of shaking of intensity 6-lower or stronger in the next 30 years (53% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Less reported crime than the Tokyo average

Police recorded 1,300 crimes in 2025, about 5.3 per 1,000 residents (Tokyo: 6.9). Most were thefts; bicycle theft alone was 38%, and there were 10 home burglaries. The total is down 14% on 2019.

A typical condo costs 9.4 years of local income

Taxpayers here reported an average taxable income of ¥4.8m in 2023 (¥5.4m for the wider area). That is +18% since 2014. The median resale condo sold for about 9.4 times that, against 6.8 times for the wider area. A higher multiple means prices lean more on buyers from outside the area or on two incomes. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are rising fast

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed +6% in the year to January 2026 and +25% over five years. They are still 43% 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, 48% are inside the worst-case flood zone (9% 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 Chofu City: people, homes and risks

Population 2025
245,536
+1.2% since 2020
Tokyo: +1.4%
Net moves in 2025
+1,911
+7.78 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
9.7%
1.7% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥76k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
31.5%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Reported crime
5.3
per 1,000 residents in 2025 (1,300 crimes recorded by the Tokyo police)
Tokyo: 6.9
Average income per taxpayer
¥4.8M
taxable income in 2023
Tokyo: ¥5.4M
Daytime population
89
people here by day per 100 residents (2020 census)
Foreign residents
2.3%
5,534 registered residents in 2024
Tokyo: 5.2%
Clinics
8.0
per 10,000 residents; 8 hospitals, 157 dental clinics (2020)
Tokyo: 9.8
Official land price 2026
¥428k/m²
+5.8% in a year · +24.6% in 5 years
Tokyo: ¥407k/m²
Flood exposure
47.8%
of 46 benchmark sites in a worst-case flood zone (8.7% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 46 benchmark sites in a landslide warning area
Tokyo: 0.8%

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 Chofu 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.

Condo

Lower-priced2025 Q3

¥28.0M

¥1.1M/m²

  • Fuda
  • Chofu(Tokyo) · 7 min walk
  • 1K · 25 m²
  • Built 2014 (11 yrs) · RC
Typical2026 Q1

¥45.0M

¥750k/m²

  • Shimoishiwara
  • Keio Tamagawa · 11 min walk
  • 3LDK · 60 m²
  • Built 1999 (27 yrs) · RC
Higher-priced2026 Q1

¥60.0M

¥1.5M/m²

  • Kojimacho
  • Chofu(Tokyo) · 5 min walk
  • 2LDK · 40 m²
  • Built 2023 (3 yrs) · RC

House

Lower-priced2025 Q4

¥43.0M

¥614k/m²

  • Tamagawa
  • Keio Tamagawa · 9 min walk
  • Land 85 m² · floor 70 m²
  • Built 2025 (0 yrs) · Wood
Typical2025 Q4

¥58.0M

¥829k/m²

  • Kikunodai
  • Shibasaki · 6 min walk
  • Land 90 m² · floor 70 m²
  • Built 2025 (0 yrs) · Wood
Higher-priced2026 Q2

¥81.0M

¥704k/m²

  • Nishitsutsujigaoka
  • Tsutsujigaoka(Tokyo) · 11 min walk
  • Land 85 m² · floor 115 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median condo price rose 25% between 2023 and 2025. Prices per m² rose 12%, so most of it is a real increase, with the rest coming from larger homes selling.
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥27.5M¥54.0M
2008¥26.5M¥48.0M
2009¥25.0M¥45.0M
2010¥29.5M¥46.0M
2011¥29.0M¥48.0M
2012¥30.0M¥45.0M
2013¥29.0M¥46.0M
2014¥29.0M¥48.0M
2015¥30.0M¥48.0M
2016¥30.0M¥47.0M
2017¥32.0M¥49.0M
2018¥33.0M¥51.0M
2019¥32.0M¥47.0M
2020¥34.0M¥50.0M
2021¥36.0M¥53.0M
2022¥32.0M¥54.0M
2023¥36.0M¥57.0M
2024¥42.0M¥57.0M
2025¥45.0M¥57.0M
2026 (partial)¥40.0M¥60.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 15% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space. That gap has widened over the decade as condo prices pulled ahead.
¥0¥200k¥400k¥600k¥800k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥440k/m²¥588k/m²¥370k/m²
2008¥473k/m²¥524k/m²¥350k/m²
2009¥442k/m²¥489k/m²¥300k/m²
2010¥478k/m²¥513k/m²¥315k/m²
2011¥500k/m²¥526k/m²¥310k/m²
2012¥479k/m²¥494k/m²¥290k/m²
2013¥476k/m²¥495k/m²¥310k/m²
2014¥517k/m²¥517k/m²¥310k/m²
2015¥492k/m²¥533k/m²¥330k/m²
2016¥509k/m²¥526k/m²¥340k/m²
2017¥520k/m²¥548k/m²¥320k/m²
2018¥500k/m²¥556k/m²¥330k/m²
2019¥520k/m²¥544k/m²¥340k/m²
2020¥538k/m²¥575k/m²¥350k/m²
2021¥616k/m²¥589k/m²¥340k/m²
2022¥607k/m²¥590k/m²¥365k/m²
2023¥700k/m²¥659k/m²¥410k/m²
2024¥700k/m²¥640k/m²¥405k/m²
2025¥786k/m²¥629k/m²¥410k/m²
2026 (partial)¥727k/m²¥707k/m²–
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 13 years old and half by around 34. After about 25 years the decline nearly stops, so a well-maintained older condo holds its price. That makes 25–35-year-old buildings with sound repair funds a value sweet spot.
¥0¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥809k/m²¥682k/m²
1¥1.3M/m²¥659k/m²
2–¥690k/m²
3¥1.1M/m²–
4¥1.2M/m²–
5¥1.0M/m²¥651k/m²
6¥1.1M/m²–
7¥1.0M/m²–
8¥1.0M/m²¥600k/m²
9¥862k/m²–
10¥1.1M/m²–
12¥895k/m²¥550k/m²
13¥814k/m²–
14¥763k/m²–
15¥631k/m²–
16¥680k/m²–
17¥752k/m²–
18¥655k/m²–
19¥648k/m²¥444k/m²
20¥678k/m²¥496k/m²
21¥648k/m²¥463k/m²
22¥585k/m²–
23¥675k/m²¥467k/m²
24¥686k/m²–
25¥662k/m²¥388k/m²
26¥750k/m²¥419k/m²
27¥615k/m²¥399k/m²
28¥788k/m²–
29¥783k/m²–
30¥713k/m²–
31–¥320k/m²
34¥593k/m²–
35¥571k/m²–
36¥467k/m²¥270k/m²
37¥569k/m²–
38¥599k/m²¥329k/m²
40¥545k/m²–
41¥455k/m²–
42¥440k/m²–
50¥375k/m²¥285k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M¥1.5M2007200920112013201520172019202120232025

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
Year1971-19801981-20002001-20102011-2020
2007–¥450k/m²––
2008–¥458k/m²¥580k/m²–
2009¥301k/m²¥386k/m²¥538k/m²–
2010–¥472k/m²¥543k/m²–
2011–¥487k/m²¥565k/m²–
2012¥471k/m²¥452k/m²¥509k/m²–
2013¥318k/m²¥473k/m²¥514k/m²–
2014–¥452k/m²¥577k/m²¥880k/m²
2015¥352k/m²¥463k/m²¥548k/m²¥683k/m²
2016¥313k/m²¥486k/m²¥586k/m²–
2017¥341k/m²¥520k/m²¥571k/m²–
2018–¥504k/m²¥560k/m²–
2019–¥517k/m²¥585k/m²¥760k/m²
2020–¥500k/m²¥600k/m²¥776k/m²
2021–¥600k/m²¥631k/m²¥850k/m²
2022–¥571k/m²¥636k/m²¥929k/m²
2023–¥608k/m²¥720k/m²¥933k/m²
2024–¥616k/m²¥738k/m²¥1.0M/m²
2025¥421k/m²¥692k/m²¥786k/m²¥1.1M/m²
House price per m² by construction period
¥0¥200k¥400k¥600k¥800k2007200920112013201520172019202120232025

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
Year1971-19801981-20002001-20102011-2020
2007–¥375k/m²¥610k/m²–
2008–¥424k/m²¥550k/m²–
2009–¥351k/m²¥506k/m²–
2010–¥388k/m²¥543k/m²–
2011–¥371k/m²¥530k/m²¥576k/m²
2012–¥320k/m²–¥551k/m²
2013¥342k/m²¥333k/m²¥452k/m²¥544k/m²
2014–¥379k/m²–¥538k/m²
2015–¥321k/m²–¥568k/m²
2016¥286k/m²¥403k/m²–¥563k/m²
2017–¥318k/m²¥467k/m²¥595k/m²
2018–¥400k/m²–¥632k/m²
2019–¥359k/m²–¥575k/m²
2020–¥396k/m²–¥610k/m²
2021–¥375k/m²¥477k/m²¥588k/m²
2022–¥396k/m²––
2023–¥389k/m²––
2024–¥375k/m²––
2025–¥350k/m²–¥669k/m²

Prices near train stations in Chofu 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)
Chofu(Tokyo) (調布)¥44.0M¥876k/m²¥53.0M8333115,507-11% vs 2019
Kokuryo (国領)¥37.0M¥720k/m²¥57.0M913732,622-16% vs 2019
Tsutsujigaoka(Tokyo) (つつじケ丘)¥45.0M¥747k/m²¥58.0M1312339,731-12% vs 2019
Nishi Chofu (西調布)¥38.0M¥643k/m²¥53.0M1010816,168-8% vs 2019
Fuda (布田)¥30.0M¥615k/m²¥64.0M79913,108-22% vs 2019
Keio Tamagawa (京王多摩川)¥30.0M¥500k/m²¥56.0M59614,562-14% vs 2019
Sengawa (仙川)¥60.0M¥915k/m²¥69.0M117369,377-16% vs 2019
Shibasaki (柴崎)¥53.0M¥757k/m²¥58.0M85116,243-10% vs 2019
Tobitakyu (飛田給)––¥59.5M52525,467-10% vs 2019
Seijogakuen Mae (成城学園前)––¥62.5M191378,145-12% vs 2019

Used condo prices by layout in Chofu City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥50.0M65 m²249
2LDK¥43.0M55 m²112
1K¥21.0M25 m²44
2DK¥16.0M40 m²25
1DK¥28.5M25 m²24
1LDK¥32.5M37.5 m²22
4LDK¥57.0M80 m²20

How much does an apartment cost in Chofu City?

The median used condo (mansion) in Chofu City sold for ¥45.0M in 2025, about ¥786k/m², based on 202 recorded sales.

How much does a house cost in Chofu City?

The median house sale, including the land, was ¥57.0M in 2025 across 192 sales.

Are property prices in Chofu City going up?

Over the five years to 2025, condo prices per m² changed +45.9% and residential land prices changed +17.1%.

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.