Osaka City¶
The core of Osaka Prefecture. Tower condominium supply has continued around Umeda and Namba, with influence from investment and inbound demand.
Current phase¶
Early correction (adjustment pressure 46 / 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: The high end in the central six wards versus the outer wards.
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 | 52.0 | 1,396 |
| 2024 Q3 | 54.7 | 1,209 |
| 2024 Q4 | 53.8 | 1,305 |
| 2025 Q1 | 55.0 | 1,638 |
| 2025 Q2 | 54.5 | 1,512 |
| 2025 Q3 | 57.1 | 1,399 |
| 2025 Q4 | 56.0 | 1,487 |
| 2026 Q1 | 58.8 | 1,508 |
- Year-on-year change in median price per m²: +6.9% (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 | 942 | 1,500 | 56.0 | 25.0 | +1.8% |
| 1LDK | 656 | 4,000 | 85.0 | 55.0 | +21.4% |
| 2 rooms (2K-2LDK) | 1,783 | 4,400 | 66.2 | 65.0 | +4.6% |
| 3 rooms (3K-3LDK) | 2,225 | 3,800 | 51.4 | 70.0 | +5.9% |
| 4 rooms or more | 300 | 3,600 | 42.3 | 85.0 | -0.7% |
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 | 3,650 | 562 | 14.2% | 33.3 |
| 2025 Q3 | 4,000 | 606 | 13.0% | 34.4 |
| 2025 Q4 | 3,700 | 595 | 12.6% | 34.1 |
| 2026 Q1 | 3,550 | 312 | 13.5% | 42.4 |
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 | 876,000 | +9.4% | 169 |
| 2025 | Commercial | 1,000,000 | +11.4% | 166 |
| 2026 | Commercial | 1,120,000 | +12.6% | 169 |
| 2024 | Residential | 227,000 | +3.6% | 223 |
| 2025 | Residential | 243,000 | +5.6% | 219 |
| 2026 | Residential | 258,000 | +6.3% | 217 |
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.