Chureito Pagoda, Fujiyoshida, Yamanashi
Photo: Chureito Pagoda, Fujiyoshida, Yamanashi · Willian Justen de Vasconcellos / Unsplash

Koshu City 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
    Sales are thinning out

    Transactions are down about 56% on the previous three years.

  2. 2
    What a typical purchase costs

    Half of all house sales last year were between ¥2.5M and ¥16.0M.

  3. 3
    A shrinking population

    The population fell 7.7% between 2020 and 2025 (−3.7% for the wider area).

  4. 4
    Many abandoned homes

    17.4% of homes were empty in 2023 (20.4% for the wider area), and 10.6% were empty without being for rent, for sale or used as second homes.

The answers, compared

What does a home cost?

¥7.5M

median house · ¥65k/m²

41% below the Yamanashi median

10 of 12 areas in Yamanashi, highest first

Are prices rising?

+112.5%

over 5 years

Faster than Yamanashi (+69.0%)

1 of 13 areas in Yamanashi, highest first

Can local earners afford it?

2.2× income

median price ÷ average taxable income

Easier than Yamanashi (5.1×)

10 of 13 areas in Yamanashi, highest first

Rent or buy?

14years of rent

median price ÷ a year of median rent

Shorter than Yamanashi (31)

9 of 11 areas in Yamanashi, highest first

Are people moving in?

-7.7%

population, 2020–25

Shrinking faster than Yamanashi (-3.7%)

14 of 15 areas in Yamanashi, highest first

How risky is it?

19%

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

Lower than Yamanashi (40%)

15 of 15 areas in Yamanashi, highest first

Rent in Koshu City

The average private rental costs ¥54k a month (2023), +4.1% since 2018. Yamanashi: ¥52k

Floor areaAverage rent / month
30–49 m²
1LDK / 2DK
¥52k
vs 2018 -1.8% · Yamanashi: ¥50k
Rent per m²
¥1,170
median, per month · Yamanashi: ¥1,270

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. 870 rented homes.

What the data says

Sales are thinning out

Transactions are down about 56% 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 ¥2.5M and ¥16.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 7.7% between 2020 and 2025 (−3.7% for the wider area). More people moved out than in during 2025 (about 2.9 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

17.4% of homes were empty in 2023 (20.4% for the wider area), and 10.6% 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.

Lower earthquake risk

The government's seismic model gives a 19% chance of shaking of intensity 6-lower or stronger in the next 30 years (40% 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 +22% 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 -4% over five years. Because these sites don't change, this is the cleanest measure of land value trends.

Little exposure to flooding

Very few of the official benchmark sites here fall in flood, tsunami or landslide zones, so most typical neighbourhoods are outside mapped hazard areas.

Living in Koshu City: people, homes and risks

Population 2025
26,992
-7.7% since 2020
Yamanashi: -3.7%
Net moves in 2025
-77
-2.85 per 1,000 residents
Yamanashi: -1.11
Vacant homes (2023)
17.4%
10.6% empty and not for rent or sale
Yamanashi: 20.4%
Median rent (2023)
¥46k
per month, all rented homes
Yamanashi: ¥48k
Strong earthquake risk
19.0%
chance of shaking of intensity 6-lower or more within 30 years
Yamanashi: 40.4%
Average income per taxpayer
¥3.3M
taxable income in 2023
Yamanashi: ¥3.5M
Daytime population
92
people here by day per 100 residents (2020 census)
Foreign residents
1.1%
319 registered residents in 2024
Yamanashi: 2.9%
Clinics
8.5
per 10,000 residents; 2 hospitals, 14 dental clinics (2020)
Yamanashi: 8.9
Official land price 2026
¥29k/m²
-0.7% in a year · -4.2% in 5 years
Yamanashi: ¥34k/m²
Flood exposure
0.0%
of 7 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Yamanashi: 49.4%
Landslide exposure
0.0%
of 7 benchmark sites in a landslide warning area
Yamanashi: 3.1%

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 Koshu 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

¥2.5M

¥16k/m²

  • Enzanchino
  • Enzan · 24 min walk
  • Land 600 m² · floor 155 m²
  • Built 1993 (32 yrs) · Steel
Typical2026 Q2

¥11.0M

¥122k/m²

  • Enzankamihagihara
  • Shiozaki
  • Land 1100 m² · floor 90 m²
  • Built 2000 (26 yrs)
Higher-priced2025 Q4

¥16.0M

¥80k/m²

  • Enzankamishiogo
  • Enzan · 24 min walk
  • Land 540 m² · floor 200 m²
  • Built 1992 (33 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007–
2008–
2009¥15.0M
2010–
2011¥11.5M
2012¥13.0M
2013¥15.0M
2014–
2015¥7.7M
2016–
2017¥9.2M
2018–
2019–
2020¥10.0M
2021¥6.8M
2022¥13.0M
2024¥5.2M
2025¥7.5M
Median price per m² by year
¥0¥50k¥100k¥150k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007–¥27k/m²
2008–¥7k/m²
2009¥85k/m²¥18k/m²
2010–¥20k/m²
2011¥76k/m²¥11k/m²
2012¥106k/m²¥18k/m²
2013¥81k/m²¥13k/m²
2014–¥18k/m²
2015¥43k/m²¥18k/m²
2016–¥14k/m²
2017¥75k/m²¥20k/m²
2018–¥11k/m²
2019–¥10k/m²
2020¥71k/m²¥12k/m²
2021¥63k/m²¥11k/m²
2022¥113k/m²¥14k/m²
2024¥52k/m²–
2025¥65k/m²¥26k/m²

Prices near train stations in Koshu 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)
Enzan (塩山)––¥7.2M15443,180-24% vs 2019
Katsunuma Budokyo (勝沼ぶどう郷)––¥10.9M2216616-30% vs 2019

How much does a house cost in Koshu City?

The median house sale, including the land, was ¥7.5M in 2025 across 25 sales.

Are property prices in Koshu City going up?

Over the five years to 2025, residential land prices changed +112.5%.

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.