Yokohama City¶
Japan's largest city by population, with a centre around Minato Mirai and Yokohama Station and wide suburban residential areas.
Current phase¶
Overheating / still rising (adjustment pressure 0 / 100, confidence low, 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: Prices and transaction counts for older suburban condominiums and houses.
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 | 52.9 | 1,076 |
| 2024 Q3 | 53.8 | 937 |
| 2024 Q4 | 51.7 | 1,083 |
| 2025 Q1 | 50.7 | 1,425 |
| 2025 Q2 | 50.0 | 1,398 |
| 2025 Q3 | 52.9 | 1,408 |
| 2025 Q4 | 52.4 | 1,555 |
| 2026 Q1 | 55.3 | 1,550 |
- Year-on-year change in median price per m²: +9.2% (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 | 532 | 1,150 | 42.8 | 25.0 | +6.9% |
| 1LDK | 453 | 3,700 | 77.3 | 50.0 | +8.8% |
| 2 rooms (2K-2LDK) | 1,546 | 3,500 | 54.8 | 60.0 | +2.0% |
| 3 rooms (3K-3LDK) | 2,917 | 3,900 | 52.2 | 75.0 | +0.4% |
| 4 rooms or more | 463 | 4,400 | 44.5 | 95.0 | +3.9% |
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 | 4,800 | 827 | 2.9% | 24.0 |
| 2025 Q3 | 4,900 | 909 | 3.2% | 24.7 |
| 2025 Q4 | 4,900 | 795 | 2.4% | 24.3 |
| 2026 Q1 | 5,000 | 357 | 6.4% | 24.4 |
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 | 440,500 | +5.9% | 164 |
| 2025 | Commercial | 485,000 | +7.0% | 164 |
| 2026 | Commercial | 517,500 | +8.1% | 164 |
| 2024 | Residential | 222,000 | +2.7% | 493 |
| 2025 | Residential | 232,000 | +3.2% | 483 |
| 2026 | Residential | 239,000 | +3.2% | 483 |
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.