Shiga Prefecture¶
Population has grown in Kusatsu, Moriyama and nearby as a commuter belt for Kyoto and Osaka; housing is centred around Lake Biwa.
Current phase¶
Early correction (adjustment pressure 48 / 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 year-on-year change in price per square metre (declines show up easily).
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 | 33.3 | 153 |
| 2024 Q3 | 31.2 | 135 |
| 2024 Q4 | 32.8 | 174 |
| 2025 Q1 | 33.3 | 183 |
| 2025 Q2 | 35.6 | 183 |
| 2025 Q3 | 32.8 | 168 |
| 2025 Q4 | 31.8 | 195 |
| 2026 Q1 | 33.7 | 178 |
- Year-on-year change in median price per m²: +1.2% (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 |
|---|---|---|---|---|---|
| Studio / 1K / 1DK | 18 | 385 | 11.7 | 40.0 | -22.2% |
| 1LDK | 37 | 930 | 16.7 | 60.0 | +19.0% |
| 2 rooms (2K-2LDK) | 152 | 2,600 | 38.2 | 70.0 | +3.4% |
| 3 rooms (3K-3LDK) | 443 | 2,700 | 35.0 | 75.0 | +1.8% |
| 4 rooms or more | 74 | 2,800 | 30.6 | 90.0 | +9.6% |
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 Q2 | 1,900 | 342 | 28.9% | 4.5 |
| 2025 Q3 | 2,000 | 378 | 26.5% | 4.2 |
| 2025 Q4 | 1,950 | 332 | 33.1% | 4.8 |
| 2026 Q1 | 1,800 | 147 | 34.0% | 3.3 |
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 | 83,250 | +1.2% | 88 |
| 2025 | Commercial | 86,300 | +1.6% | 87 |
| 2026 | Commercial | 86,050 | +2.7% | 88 |
| 2024 | Residential | 40,400 | -0.1% | 240 |
| 2025 | Residential | 41,400 | +0.3% | 235 |
| 2026 | Residential | 40,900 | +0.8% | 234 |
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.