Ibaraki Prefecture¶
The capital is Mito. Population is growing along the Tsukuba Express as part of the Tokyo commuter belt.
Current phase¶
Overheating / still rising (simplified) (adjustment pressure 3 / 100, confidence low, as of 2026-Q1)
There are no monthly market statistics for this area, so this is a simplified call based on MLIT's quarterly closing data (year-on-year change in price per m² and in counts, and consecutive quarters of decline). For prefectures it also uses the gap between official land prices and land transaction prices in the same districts, and the year-on-year change in resident population. The data lag about three months.
What to watch: Price differences between Tsukuba and Moriya in the south and the north of the prefecture.
Resale condominium closing prices (MLIT)¶
Price per m² in units of ¥10,000 (万円). Quarters with fewer than 10 closings are not shown.
| Quarter | Median price per m² (¥10k) | Closings |
|---|---|---|
| 2024 Q2 | 33.3 | 85 |
| 2024 Q3 | 32.9 | 63 |
| 2024 Q4 | 30.0 | 77 |
| 2025 Q1 | 31.6 | 74 |
| 2025 Q2 | 30.7 | 98 |
| 2025 Q3 | 30.0 | 97 |
| 2025 Q4 | 24.3 | 77 |
| 2026 Q1 | 32.3 | 103 |
- Year-on-year change in median price per m²: +2.3% (2026 Q1)

By floor plan (resale condominiums, last 4 quarters)¶
2025 Q2 to 2026 Q1. Floor plans with fewer than 10 closings are not shown. "S" (service room) is not counted as a room.
| Floor plan | Closings | Median price (¥10k) | Median per m² (¥10k) | Median size (m²) | Per m², year on year |
|---|---|---|---|---|---|
| 2 rooms (2K-2LDK) | 56 | 1,700 | 24.5 | 65.0 | -22.2% |
| 3 rooms (3K-3LDK) | 264 | 2,450 | 30.5 | 75.0 | -7.4% |
| 4 rooms or more | 43 | 3,300 | 33.3 | 95.0 | -5.9% |
Houses and land (MLIT)¶
Transaction prices from MLIT's survey of registered sales. Prices in ¥10,000. Quarters with fewer than 20 deals are not shown.
| Quarter | Median house price (¥10k) | House deals | Houses under ¥10m | Median land price per m² (¥10k) |
|---|---|---|---|---|
| 2025 Q2 | 1,300 | 613 | 43.1% | 1.6 |
| 2025 Q3 | 1,300 | 672 | 42.9% | 1.6 |
| 2025 Q4 | 1,400 | 649 | 39.1% | 1.5 |
| 2026 Q1 | 1,100 | 340 | 46.8% | 1.1 |
Official land prices (Chika Koji, MLIT)¶
Prices of standard sites as of 1 January each year (published in March). The change is the average for sites that continue from the previous year.
| Year | Use | Median (¥ per m²) | Change | Sites |
|---|---|---|---|---|
| 2024 | Commercial | 45,350 | +0.2% | 128 |
| 2025 | Commercial | 45,350 | +0.8% | 128 |
| 2026 | Commercial | 45,700 | +1.0% | 129 |
| 2024 | Residential | 27,100 | +0.2% | 532 |
| 2025 | Residential | 27,000 | +0.7% | 521 |
| 2026 | Residential | 26,900 | +0.9% | 520 |
This service uses the API of the MLIT Real Estate Information Library, but the timeliness, accuracy and completeness of the information provided are not guaranteed. (このサービスは、国土交通省不動産情報ライブラリのAPI機能を使用していますが、提供情報の最新性、正確性、完全性等が保証されたものではありません。)
Figures are medians of individual transactions and change with the mix of what sold. Regime labels are our own interpretation, not investment advice.