Ishikawa Prefecture¶
The capital is Kanazawa. Tourism demand rose with the Hokuriku Shinkansen, while the 2024 Noto Peninsula earthquake caused heavy damage in the Noto area.
Current phase¶
Overheating / still rising (simplified) (adjustment pressure 11 / 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: Prices in Kanazawa and housing reconstruction and transactions in Noto.
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 | 21.4 | 57 |
| 2024 Q3 | 20.0 | 54 |
| 2024 Q4 | 23.8 | 66 |
| 2025 Q1 | 23.1 | 62 |
| 2025 Q2 | 23.8 | 43 |
| 2025 Q3 | 23.8 | 52 |
| 2025 Q4 | 25.6 | 70 |
| 2026 Q1 | 24.0 | 65 |
- Year-on-year change in median price per m²: +3.9% (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 |
|---|---|---|---|---|---|
| Studio / 1K / 1DK | 19 | 280 | 12.0 | 25.0 | +22.0% |
| 1LDK | 16 | 1,400 | 24.0 | 47.5 | -11.0% |
| 2 rooms (2K-2LDK) | 60 | 1,550 | 20.6 | 65.0 | -9.8% |
| 3 rooms (3K-3LDK) | 112 | 2,300 | 27.7 | 80.0 | +10.7% |
| 4 rooms or more | 23 | 2,200 | 23.8 | 90.0 | +2.6% |
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 | 1,500 | 341 | 35.5% | 3.7 |
| 2025 Q3 | 1,500 | 295 | 36.6% | 3.6 |
| 2025 Q4 | 1,400 | 320 | 38.4% | 2.3 |
| 2026 Q1 | 1,300 | 161 | 39.1% | 3.6 |
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 | 75,000 | +1.0% | 64 |
| 2025 | Commercial | 78,250 | +1.4% | 62 |
| 2026 | Commercial | 79,000 | +1.9% | 63 |
| 2024 | Residential | 47,500 | +1.4% | 152 |
| 2025 | Residential | 49,000 | +0.7% | 149 |
| 2026 | Residential | 49,500 | +0.8% | 148 |
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.