Nagasaki Prefecture¶
The capital is Nagasaki City. Hilly terrain and many islands; Nagasaki City's population decline is large. The Nishi-Kyushu Shinkansen brought station-area redevelopment.
Current phase¶
Overheating / still rising (simplified) (adjustment pressure 7 / 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: Resale condominiums in Nagasaki City and vacant homes in rural areas and on the islands.
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 | 25.9 | 38 |
| 2024 Q3 | 26.5 | 26 |
| 2024 Q4 | 30.5 | 33 |
| 2025 Q1 | 24.1 | 32 |
| 2025 Q2 | 31.2 | 41 |
| 2025 Q3 | 21.8 | 30 |
| 2025 Q4 | 31.1 | 34 |
| 2026 Q1 | 35.2 | 33 |
- Year-on-year change in median price per m²: +46.2% (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) | 17 | 2,000 | 30.8 | 65.0 | +37.7% |
| 3 rooms (3K-3LDK) | 80 | 2,700 | 35.1 | 75.0 | +31.8% |
| 4 rooms or more | 31 | 2,600 | 24.7 | 90.0 | +2.5% |
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 | 1,250 | 236 | 45.3% | 2.3 |
| 2025 Q3 | 1,300 | 243 | 40.7% | 2.8 |
| 2025 Q4 | 1,200 | 260 | 43.8% | 2.9 |
| 2026 Q1 | 1,100 | 127 | 43.3% | 3.9 |
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 | 74,050 | +1.0% | 78 |
| 2025 | Commercial | 75,300 | +1.3% | 78 |
| 2026 | Commercial | 76,800 | +1.3% | 78 |
| 2024 | Residential | 36,000 | +0.9% | 170 |
| 2025 | Residential | 37,800 | +1.1% | 165 |
| 2026 | Residential | 38,000 | +1.1% | 165 |
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.