Nachisan pagoda, Nachikatsuura, Wakayama
Photo: Nachisan pagoda, Nachikatsuura, Wakayama · Susann Schuster / Unsplash

Hashimoto City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 108

In short

  1. 1
    A long, slow decline

    House prices per m² have been falling for a decade, by about 6.6% a year recently.

  2. 2
    Moving with Wakayama

    Per m², houses here are 16% below the Wakayama 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 19% on the previous three years.

The answers, compared

What does a home cost?

¥5.6M

median house · ¥52k/m²

7% below the Wakayama median

3 of 9 areas in Wakayama, highest first

Are prices rising?

-18.8%

over 5 years

Slower than Wakayama (+58.7%)

8 of 12 areas in Wakayama, highest first

Can local earners afford it?

1.7× income

median price ÷ average taxable income

Easier than Wakayama (5.3×)

5 of 10 areas in Wakayama, highest first

Rent or buy?

10years of rent

median price ÷ a year of median rent

Shorter than Wakayama (34)

8 of 9 areas in Wakayama, highest first

Are people moving in?

-6.6%

population, 2020–25

Shrinking faster than Wakayama (-6.3%)

6 of 14 areas in Wakayama, highest first

How risky is it?

23%

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

Lower than Wakayama (59%)

13 of 14 areas in Wakayama, highest first

Rent in Hashimoto City

The average private rental costs ¥50k a month (2023), +2.0% since 2018. Wakayama: ¥49k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥43k
vs 2018 +11.0% · Wakayama: ¥37k
30–49 m²
1LDK / 2DK
¥45k
vs 2018 -0.4% · Wakayama: ¥45k
50–69 m²
2LDK / 3DK
¥54k
vs 2018 +6.9% · Wakayama: ¥55k
Rent per m²
¥1,063
median, per month · Wakayama: ¥1,131

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. 2,690 rented homes.

What the data says

A long, slow decline

House prices per m² have been falling for a decade, by about 6.6% a year recently. Prices are low, but resale values are likely to keep easing, so buy here to live, not as an investment.

Moving with Wakayama

Per m², houses here are 16% below the Wakayama average. That position has barely changed in ten years, so it moves with the wider market.

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 19% 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 ¥2.7M and ¥9.8M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 6.6% between 2020 and 2025 (−6.3% for the wider area). More people moved out than in during 2025 (about 2.8 per 1,000 residents), which weakens long-term housing demand. Households still grew 0.6% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Many abandoned homes

18.8% of homes were empty in 2023 (21.3% for the wider area), and 11.7% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow.

Moderate earthquake risk

The government's seismic model gives a 23% chance of shaking of intensity 6-lower or stronger in the next 30 years (59% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Local incomes are close to average

Taxpayers here reported an average taxable income of ¥3.3m in 2023 (¥3.4m for the wider area). That is +10% 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 -1% in the year to January 2026 and -6% 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, 13% are inside the worst-case flood zone (13% 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 Hashimoto City: people, homes and risks

Population 2025
56,820
-6.6% since 2020
Wakayama: -6.3%
Net moves in 2025
-157
-2.76 per 1,000 residents
Wakayama: -3.25
Vacant homes (2023)
18.8%
11.7% empty and not for rent or sale
Wakayama: 21.3%
Median rent (2023)
¥47k
per month, all rented homes
Wakayama: ¥44k
Strong earthquake risk
22.5%
chance of shaking of intensity 6-lower or more within 30 years
Wakayama: 58.6%
Average income per taxpayer
¥3.3M
taxable income in 2023
Wakayama: ¥3.4M
Daytime population
87
people here by day per 100 residents (2020 census)
Foreign residents
1.1%
634 registered residents in 2024
Wakayama: 1.1%
Clinics
11.6
per 10,000 residents; 3 hospitals, 34 dental clinics (2020)
Wakayama: 11.9
Official land price 2026
¥28k/m²
-1.3% in a year · -6.4% in 5 years
Wakayama: ¥32k/m²
Flood exposure
12.5%
of 8 benchmark sites in a worst-case flood zone (12.5% 3 m or deeper)
Wakayama: 54.7%
Landslide exposure
0.0%
of 8 benchmark sites in a landslide warning area
Wakayama: 11.6%

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 Hashimoto 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 Q3

¥1.5M

¥17k/m²

  • Shiroyamadai
  • Miyukitsuji
  • Land 180 m² · floor 90 m²
  • Built 1981 (44 yrs) · Wood
Typical2025 Q3

¥5.3M

¥56k/m²

  • Kakinokizaka
  • Miyukitsuji · 8 min walk
  • Land 155 m² · floor 95 m²
  • Built 1987 (38 yrs) · Wood
Higher-priced2025 Q4

¥10.0M

¥95k/m²

  • Ayanodai
  • Suda
  • Land 170 m² · floor 105 m²
  • Built 2004 (21 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥15.5M
2008¥15.5M
2009¥11.5M
2010¥12.0M
2011¥12.0M
2012¥8.6M
2013¥15.0M
2014¥9.5M
2015¥9.8M
2016¥11.5M
2017¥6.4M
2018¥8.8M
2019¥7.8M
2020¥9.3M
2021¥8.7M
2022¥6.0M
2023¥5.5M
2024¥6.0M
2025¥5.6M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥129k/m²¥34k/m²
2008¥125k/m²¥27k/m²
2009¥95k/m²¥24k/m²
2010¥114k/m²¥22k/m²
2011¥100k/m²¥18k/m²
2012¥83k/m²¥16k/m²
2013¥100k/m²¥18k/m²
2014¥89k/m²¥21k/m²
2015¥71k/m²¥16k/m²
2016¥76k/m²¥15k/m²
2017¥52k/m²¥13k/m²
2018¥73k/m²¥19k/m²
2019¥65k/m²¥13k/m²
2020¥72k/m²¥16k/m²
2021¥54k/m²¥14k/m²
2022¥57k/m²¥22k/m²
2023¥48k/m²¥21k/m²
2024¥46k/m²¥20k/m²
2025¥52k/m²¥13k/m²
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥242k/m²
27¥47k/m²
33¥50k/m²
34¥55k/m²
50¥24k/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
Year1981-20002001-2010
2008¥96k/m²¥222k/m²
2009¥82k/m²–
2010¥83k/m²–
2011¥79k/m²–
2012¥75k/m²–
2013¥78k/m²–
2014¥78k/m²–
2015¥66k/m²–
2016¥73k/m²–
2017¥43k/m²–
2019¥50k/m²–
2020¥58k/m²–
2021¥50k/m²–
2022¥52k/m²–
2023¥45k/m²–
2024¥60k/m²–
2025¥45k/m²–

Prices near train stations in Hashimoto 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)
Koyaguchi (高野口)––¥3.8M11451,074-8% vs 2019
Miyukitsuji (御幸辻)––¥7.3M16312,416-11% vs 2019
Rinkanden entoshi (林間田園都市)––¥7.8M12256,303-21% vs 2019
Kii Yamada (紀伊山田)––¥3.6M12241,026-14% vs 2019
Suda (隅田)––¥15.0M1319434+1% vs 2019
Hashimoto(Wakayama) (橋本(和歌山))––¥4.5M11189,761-18% vs 2019

How much does a house cost in Hashimoto City?

The median house sale, including the land, was ¥5.6M in 2025 across 73 sales.

Are property prices in Hashimoto City going up?

Over the five years to 2025, residential land prices changed -18.8%.

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.