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

Inagi City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 151

In short

  1. 1
    Price growth is speeding up

    Condo values per m² have risen about 4% a year over the past five years, faster than the 0.7% a year of the five years before.

  2. 2
    Lagging Tokyo

    Per m², condos here are 59% below the Tokyo average.

  3. 3
    Station distance barely matters

    Condos 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
    A family market

    64% of recent condo sales have three or more bedrooms.

The answers, compared

What does a home cost?

¥29.0M

median used condo · ¥389k/m²

64% below the Tokyo median

39 of 47 areas in Tokyo, highest first

Are prices rising?

+11.1%

over 5 years

Slower than Tokyo (+26.5%)

47 of 50 areas in Tokyo, highest first

Can local earners afford it?

6.2× income

median price ÷ average taxable income

Easier than Tokyo (6.8×)

39 of 50 areas in Tokyo, highest first

Rent or buy?

35years of rent

median price ÷ a year of median rent

Shorter than Tokyo (39)

37 of 50 areas in Tokyo, highest first

Are people moving in?

+2.2%

population, 2020–25

Faster than Tokyo (+1.4%)

15 of 50 areas in Tokyo, highest first

How risky is it?

35%

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

Lower than Tokyo (53%)

36 of 50 areas in Tokyo, highest first

Rent in Inagi City

The average private rental costs ¥78k a month (2023), +9.8% since 2018. Tokyo: ¥95k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥58k
vs 2018 +14.6% · Tokyo: ¥70k
30–49 m²
1LDK / 2DK
¥77k
vs 2018 +9.3% · Tokyo: ¥99k
50–69 m²
2LDK / 3DK
¥92k
vs 2018 +0.7% · Tokyo: ¥126k
70–99 m²
3LDK / family
¥104k
vs 2018 -2.8% · Tokyo: ¥155k
Rent per m²
¥1,952
median, per month · Tokyo: ¥2,800
The median used condo (¥29.0M, 60 m²) costs about 26 years of average rent for a similar-sized home (¥92k 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. 10,440 rented homes.

What the data says

Price growth is speeding up

Condo values per m² have risen about 4% a year over the past five years, faster than the 0.7% 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 59% below the Tokyo average. Ten years ago the gap was 42%, so Inagi City has been falling behind the rest of Tokyo.

Station distance barely matters

Condos 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.

A family market

64% 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 8% 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 ¥15.0M and ¥44.0M. Listings outside that range are either unusual properties or worth a closer look.

A growing population

The population grew 2.2% between 2020 and 2025 (+1.4% for the wider area). More people moved in than out in 2025, a net gain of about 7.4 per 1,000 residents, so demand for homes is being topped up by newcomers.

Few abandoned homes

8.7% of homes were empty in 2023 (10.9% for the wider area), and 1.3% 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 34.5 years of the area's median rent (¥70k 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 35% 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 386 crimes in 2025, about 4.1 per 1,000 residents (Tokyo: 6.9). Most were thefts; bicycle theft alone was 27%, and there were 8 home burglaries. The total is up 13% on 2019.

A typical condo costs 6.2 years of local income

Taxpayers here reported an average taxable income of ¥4.7m in 2023 (¥5.4m for the wider area). That is +18% since 2014. The median resale condo sold for about 6.2 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 +4% in the year to January 2026 and +16% over five years. They are still 39% 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. 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 Inagi City: people, homes and risks

Population 2025
95,171
+2.2% since 2020
Tokyo: +1.4%
Net moves in 2025
+706
+7.42 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
8.7%
1.3% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥70k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
35.2%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Reported crime
4.1
per 1,000 residents in 2025 (386 crimes recorded by the Tokyo police)
Tokyo: 6.9
Average income per taxpayer
¥4.7M
taxable income in 2023
Tokyo: ¥5.4M
Daytime population
81
people here by day per 100 residents (2020 census)
Foreign residents
2.2%
2,050 registered residents in 2024
Tokyo: 5.2%
Clinics
5.5
per 10,000 residents; 3 hospitals, 44 dental clinics (2020)
Tokyo: 9.8
Official land price 2026
¥275k/m²
+3.9% in a year · +16.4% in 5 years
Tokyo: ¥407k/m²
Flood exposure
48.3%
of 29 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 29 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 Inagi 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-priced2026 Q1

¥16.0M

¥267k/m²

  • Yanokuchi
  • Yanokuchi · 4 min walk
  • 3LDK · 60 m²
  • Built 1978 (48 yrs) · SRC
Typical2026 Q1

¥30.0M

¥429k/m²

  • Omaru
  • Inagi · 9 min walk
  • 3LDK · 70 m²
  • Built 2002 (24 yrs) · RC
Higher-priced2026 Q2

¥45.0M

¥643k/m²

  • Yanokuchi
  • Keio Yomiuri Land · 8 min walk
  • 3LDK · 70 m²
  • Built 2008 (18 yrs) · RC

House

Lower-priced2025 Q3

¥42.0M

¥336k/m²

  • Momura
  • Inagi · 16 min walk
  • Land 150 m² · floor 125 m²
  • Built 1999 (26 yrs) · Wood
Typical2026 Q1

¥50.0M

¥455k/m²

  • Omaru
  • Inagi Naganuma · 7 min walk
  • Land 190 m² · floor 110 m²
  • Built 1982 (44 yrs) · Wood
Higher-priced2026 Q1

¥61.0M

¥610k/m²

  • Higashinaganuma
  • Inagi Naganuma · 8 min walk
  • Land 125 m² · floor 100 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥20.0M¥40.0M¥60.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007¥24.0M¥39.0M
2008¥23.0M¥43.0M
2009¥30.0M¥39.5M
2010¥26.0M¥40.0M
2011¥28.0M¥42.0M
2012¥24.0M¥42.5M
2013¥25.0M¥37.0M
2014¥29.0M¥40.0M
2015¥25.0M¥42.0M
2016¥27.0M¥39.0M
2017¥27.0M¥43.0M
2018¥30.5M¥43.0M
2019¥27.0M¥45.0M
2020¥26.0M¥44.0M
2021¥28.0M¥44.0M
2022¥32.0M¥49.5M
2023¥31.5M¥51.0M
2024¥31.0M¥53.0M
2025¥29.0M¥49.0M
2026 (partial)–¥54.0M
Median price per m² by yearHouses carry a premium — A m² of house floor costs about 24% more than a condo here, which usually means land is scarce and houses are a premium product. That gap has narrowed over the decade as house prices caught up.
¥0¥200k¥400k¥600k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007¥295k/m²¥427k/m²¥220k/m²
2008¥288k/m²¥430k/m²¥180k/m²
2009¥415k/m²¥416k/m²¥210k/m²
2010¥333k/m²¥431k/m²¥210k/m²
2011¥356k/m²¥436k/m²¥220k/m²
2012¥308k/m²¥435k/m²¥220k/m²
2013¥344k/m²¥419k/m²¥185k/m²
2014¥371k/m²¥405k/m²¥220k/m²
2015¥355k/m²¥430k/m²¥220k/m²
2016¥350k/m²¥389k/m²¥225k/m²
2017¥331k/m²¥451k/m²¥180k/m²
2018¥388k/m²¥451k/m²¥215k/m²
2019¥350k/m²¥450k/m²¥260k/m²
2020¥350k/m²¥453k/m²¥185k/m²
2021¥400k/m²¥461k/m²¥235k/m²
2022¥457k/m²¥514k/m²¥235k/m²
2023¥449k/m²¥500k/m²¥220k/m²
2024¥463k/m²¥529k/m²¥295k/m²
2025¥389k/m²¥523k/m²¥250k/m²
2026 (partial)–¥540k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥500k¥1.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0–¥533k/m²
1–¥533k/m²
2¥910k/m²–
21¥473k/m²–
23¥450k/m²–
26¥445k/m²–
29¥338k/m²–
50¥182k/m²–
Condo price per m² by construction period
¥0¥200k¥400k¥600k200920112013201520172019202120232025

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
Year1971-19801981-20002001-2010
2009–¥317k/m²¥478k/m²
2010–¥297k/m²¥467k/m²
2011–¥292k/m²–
2012–¥309k/m²–
2013–¥310k/m²–
2014–¥308k/m²¥424k/m²
2015–¥357k/m²¥450k/m²
2016–¥283k/m²–
2020–¥262k/m²–
2021–¥342k/m²–
2022–¥358k/m²–
2024–¥402k/m²¥550k/m²
2025¥250k/m²¥386k/m²–
House price per m² by construction period
¥0¥200k¥400k¥600k2007200920112013201520172019

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
Year2001-20102011-2020
2007¥483k/m²–
2008¥491k/m²–
2009¥444k/m²–
2010¥448k/m²–
2011–¥435k/m²
2012–¥465k/m²
2013–¥451k/m²
2014–¥423k/m²
2015–¥473k/m²
2016–¥421k/m²
2017–¥493k/m²
2018–¥474k/m²
2019–¥474k/m²
2020–¥467k/m²

Prices near train stations in Inagi 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)
Wakabadai (若葉台)¥45.0M¥568k/m²¥56.0M1582–
Inagi Naganuma (稲城長沼)¥22.5M¥400k/m²¥50.5M97815,172-6% vs 2019
Inagi (稲城)¥34.0M¥480k/m²¥54.0M107819,086-11% vs 2019
Yanokuchi (矢野口)¥25.0M¥450k/m²¥49.0M95117,806-13% vs 2019
Kurihira (栗平)¥6.0M¥120k/m²¥54.0M1840–
Keio Yomiuri Land (京王よみうりランド)¥35.0M¥422k/m²¥49.0M82714,017+2% vs 2019
Shin Yurigaoka (新百合ケ丘)––¥46.5M2325–
Minami Tama (南多摩)–––81112,206-10% vs 2019

Used condo prices by layout in Inagi City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥36.0M70 m²78
2LDK¥16.0M50 m²43
4LDK¥40.0M105 m²25

How much does an apartment cost in Inagi City?

The median used condo (mansion) in Inagi City sold for ¥29.0M in 2025, about ¥389k/m², based on 57 recorded sales.

How much does a house cost in Inagi City?

The median house sale, including the land, was ¥49.0M in 2025 across 61 sales.

Are property prices in Inagi City going up?

Over the five years to 2025, condo prices per m² changed +11.1% and residential land prices changed +35.1%.

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.