Kyoto Prefecture¶
Landscape rules limit new supply in central Kyoto, where domestic and overseas second-home and investment demand is strong. The suburbs are losing population.
Current phase¶
Plateau (high prices, easing demand) (adjustment pressure 35 / 100, confidence high, as of 2026-08)
Adjustment pressure is our own score built from inventory, transaction counts, closing prices and the gap between asking and closing prices (0-20 overheating, 20-40 plateau, 40-60 early correction, 60-80 correction under way, 80-100 declining).
What to watch: Polarisation between high-priced central properties and the suburbs; the effect of rules on short-term rentals and lodging.
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 | 41.8 | 479 |
| 2024 Q3 | 41.4 | 453 |
| 2024 Q4 | 40.0 | 533 |
| 2025 Q1 | 40.0 | 595 |
| 2025 Q2 | 40.0 | 542 |
| 2025 Q3 | 41.0 | 503 |
| 2025 Q4 | 40.0 | 544 |
| 2026 Q1 | 40.0 | 617 |
- Year-on-year change in median price per m²: +0.0% (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 | 240 | 1,200 | 41.2 | 25.0 | -6.2% |
| 1LDK | 178 | 2,850 | 52.4 | 50.0 | -12.7% |
| 2 rooms (2K-2LDK) | 612 | 2,700 | 44.3 | 65.0 | +4.2% |
| 3 rooms (3K-3LDK) | 990 | 2,800 | 38.5 | 70.0 | +0.0% |
| 4 rooms or more | 186 | 2,900 | 31.7 | 85.0 | -8.1% |
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 | 2,000 | 781 | 27.8% | 15.5 |
| 2025 Q3 | 2,400 | 731 | 24.9% | 16.2 |
| 2025 Q4 | 2,200 | 740 | 28.1% | 12.2 |
| 2026 Q1 | 2,000 | 419 | 28.4% | 13.6 |
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 | 410,000 | +4.9% | 147 |
| 2025 | Commercial | 445,000 | +7.8% | 147 |
| 2026 | Commercial | 475,000 | +7.8% | 147 |
| 2024 | Residential | 128,000 | +1.5% | 452 |
| 2025 | Residential | 135,000 | +2.0% | 442 |
| 2026 | Residential | 135,500 | +2.3% | 442 |
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.