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Nagoya City

日本語

The core of the Chubu region. Redevelopment around Nagoya Station added central new supply, though prices remain below Greater Tokyo and Kinki.

Current phase

Overheating / still rising (adjustment pressure 7 / 100, confidence mid, 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: Central new supply and resale price per square metre.

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 31.2 690
2024 Q3 32.1 650
2024 Q4 34.6 694
2025 Q1 34.1 829
2025 Q2 30.5 845
2025 Q3 31.8 801
2025 Q4 32.9 870
2026 Q1 37.5 869
  • Year-on-year change in median price per m²: +9.9% (2026 Q1)

Resale condominium price per m²

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 191 790 27.1 25.0 +0.5%
1LDK 213 2,800 62.5 50.0 +7.8%
2 rooms (2K-2LDK) 766 3,000 42.2 65.0 +5.4%
3 rooms (3K-3LDK) 1,633 2,600 32.9 80.0 -2.6%
4 rooms or more 582 2,300 25.7 90.0 -7.4%

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 4,350 460 5.2% 18.4
2025 Q3 4,400 473 4.4% 20.0
2025 Q4 4,600 447 5.1% 19.0
2026 Q1 4,400 221 5.4% 19.4

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 355,000 +5.8% 225
2025 Commercial 380,000 +4.9% 225
2026 Commercial 397,000 +4.3% 225
2024 Residential 174,000 +4.3% 347
2025 Residential 181,000 +3.5% 339
2026 Residential 185,500 +3.0% 340

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.


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