Central Nagoya (Naka, Higashi, Chikusa)¶
Naka (Sakae), Higashi and Chikusa: the city centre between Nagoya Station and Sakae and the residential districts to the east. The highest prices in Nagoya.
At a glance¶
- Market phase: Overheating / still rising (simplified) (adjustment pressure 11 / 100, as of 2026-Q2; confidence low)
- Resale condominiums: median ¥560k per m², +20.0% year on year (2026 Q2, MLIT)
- Official land prices (residential, 1 January 2026): +4.4% on average
Details are in the sections below.
Market phase (data as of 2026-Q2)¶
Overheating / still rising (simplified) (adjustment pressure 11 / 100, confidence low, as of 2026-Q2)
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 the score is made of¶
| Indicator | Sign of adjustment |
|---|---|
| Closed sales, year on year | Weak |
| Closing price per m², year on year | None |
| Consecutive quarters of falling closing prices | None |
Each indicator is scored 0-3 (none, weak, moderate, strong) and weighted into the adjustment pressure. Figures from private sources such as REINS are shown only to members under their terms.
What to watch: Whether closings or prices slow here before the rest of the city.
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 Q3 | 49.4 | 232 |
| 2024 Q4 | 50.0 | 241 |
| 2025 Q1 | 49.4 | 303 |
| 2025 Q2 | 46.7 | 317 |
| 2025 Q3 | 47.1 | 293 |
| 2025 Q4 | 45.9 | 361 |
| 2026 Q1 | 55.6 | 326 |
| 2026 Q2 | 56.0 | 313 |
- Year-on-year change in median price per m²: +20.0% (2026 Q2)
By floor plan (resale condominiums, last 4 quarters)¶
2025 Q3 to 2026 Q2. 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 | 153 | 1,000 | 29.0 | 25.0 | +0.4% |
| 1LDK | 175 | 3,000 | 65.0 | 45.0 | +2.6% |
| 2 rooms (2K-2LDK) | 360 | 3,800 | 60.0 | 65.0 | +11.4% |
| 3 rooms (3K-3LDK) | 501 | 3,900 | 47.1 | 80.0 | -0.9% |
| 4 rooms or more | 104 | 3,500 | 37.8 | 95.0 | -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 Q3 | 7,000 | 49 | 2.0% | 37.2 |
| 2025 Q4 | 7,100 | 64 | 3.1% | 37.4 |
| 2026 Q1 | 12,500 | 30 | 0.0% | — |
| 2026 Q2 | 8,050 | 20 | 0.0% | 41.0 |
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 | 700,000 | +7.7% | 78 |
| 2025 | Commercial | 764,000 | +5.8% | 78 |
| 2026 | Commercial | 824,500 | +5.2% | 78 |
| 2024 | Residential | 321,500 | +6.7% | 44 |
| 2025 | Residential | 342,500 | +4.2% | 42 |
| 2026 | Residential | 360,000 | +4.4% | 42 |
Frequently asked questions¶
Are apartment prices in Central Nagoya (Naka, Higashi, Chikusa) falling?¶
According to MLIT closing prices, the median price per m² in 2026 Q2 was ¥560k, +20.0% year on year — prices have not started to fall. Prices tend to move later than inventory and sales, so check the market phase on this page as well.
What phase is the Central Nagoya (Naka, Higashi, Chikusa) property market in?¶
Our call is Overheating / still rising (simplified) (adjustment pressure 11/100, as of 2026-Q2): few signs of adjustment in inventory or closed sales.
Is now a good time to buy in Central Nagoya (Naka, Higashi, Chikusa)?¶
We do not give buy or sell recommendations. The market phase is a guide to overall supply and demand, not to the price or future value of any single property.
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。) Other sources: Data sources.
Figures are medians of individual transactions and change with the mix of what sold. Regime labels are our own interpretation, not investment advice.