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This article covers the current housing prices in Hiroshima as of the first half of 2026, with all the numbers you need to understand this market.
We constantly update this blog post to make sure you always have access to the freshest data available.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Hiroshima.
Insights
- The median home price in Hiroshima sits at ¥28 million ($187,000), which is roughly 60% cheaper than Tokyo, making it one of Japan's most affordable major cities for property buyers.
- Hiroshima property prices rose about 3% in nominal terms over the past year, but after adjusting for inflation, real prices stayed essentially flat in 2025.
- New-build condos in Hiroshima command a 25% premium per square meter over comparable older properties, driven by stricter earthquake standards and modern energy efficiency.
- The price gap between listing and actual sale prices in Hiroshima averages around 5%, with outer wards seeing negotiation discounts of up to 8% on older stock.
- Naka-ku, the central ward, has per-sqm prices reaching ¥700,000 ($4,700), while outer wards like Asakita-ku start as low as ¥220,000 ($1,470) per sqm.
- Over the past 10 years, Hiroshima housing prices have increased by about 20% nominally, but only 7% in real terms after accounting for Japan's cumulative inflation.
- Existing condos make up roughly 45% of Hiroshima's resale market, while detached houses account for about 35%, reflecting the city's urban-suburban split.
- Buyers should budget an extra 8% to 12% on top of the purchase price for transaction costs, taxes, and potential renovation work when buying existing homes in Hiroshima.
What is the average housing price in Hiroshima in 2026?
The median housing price is more telling than the average because it represents what a typical buyer actually pays, without being skewed upward by a few expensive luxury properties.
We are writing this as of the first half of 2026, using the latest data collected from authoritative Japanese government sources that we manually verified.
The median housing price in Hiroshima in 2026 is ¥28,000,000, which converts to approximately $187,000 or €170,000. The average housing price in Hiroshima sits higher at ¥32,000,000, or about $213,000 (€194,000), because luxury properties in central wards pull the number up.
About 80% of residential properties in Hiroshima in 2026 fall within a price range of ¥16,000,000 to ¥45,000,000 ($107,000 to $300,000 or €97,000 to €273,000).
A realistic entry range for Hiroshima property in 2026 is ¥12,000,000 to ¥18,000,000 ($80,000 to $120,000 or €73,000 to €109,000), which can get you an older 1LDK to 2DK condo of 35 to 50 sqm in outer wards like Asakita-ku or Aki-ku.
A typical luxury property in Hiroshima in 2026 ranges from ¥70,000,000 to ¥120,000,000 ($467,000 to $800,000 or €424,000 to €727,000), which would buy you a newer 3LDK condo of 90 to 110 sqm in Naka-ku near Hondori or in the redeveloped zones around Hiroshima Station.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Hiroshima.
Are Hiroshima property listing prices close to the actual sale price in 2026?
The estimated gap between listing prices and actual sale prices in Hiroshima averages around 5% in 2026.
Sellers typically add negotiation room to their asking prices, especially for older units that need renovation or have less desirable features like no elevator or poor natural light. This gap narrows to just 2% to 4% in prime central areas like Naka-ku, but can stretch to 5% to 8% in outer wards with weaker resale demand.
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What is the price per sq m or per sq ft for properties in Hiroshima in 2026?
As of early 2026, the median condo price in Hiroshima is ¥400,000 per sqm ($2,670 or €2,420), which works out to about ¥37,200 per sqft ($248 or €225). The average price per sqm is slightly higher at ¥450,000 ($3,000 or €2,730), or roughly ¥41,800 per sqft ($279 or €253).
Newer condos near major transit hubs and smaller units in prime locations have the highest price per sqm in Hiroshima, while older walk-up buildings in outer wards with weaker resale demand have the lowest, because buyers pay a premium for walkability and modern building standards.
The highest prices per sqm in Hiroshima in 2026 are found in Naka-ku around Hondori and Kamiyacho, where you can expect ¥550,000 to ¥700,000 per sqm ($3,700 to $4,700). The lowest prices are in outer wards like Asakita-ku and Aki-ku, where per-sqm prices range from ¥220,000 to ¥320,000 ($1,470 to $2,130).
How have property prices evolved in Hiroshima?
Compared to one year ago in January 2025, Hiroshima housing prices have risen by about 3% in nominal terms, with the median moving from around ¥27.2 million to ¥28 million. However, after adjusting for inflation, real prices are essentially flat, as construction cost increases and general price rises absorbed much of the nominal gain.
Over the past 10 years since January 2016, Hiroshima property prices have increased by roughly 20% in nominal terms. In real terms, after accounting for inflation, the gain is closer to 7%, driven mainly by a long period of low interest rates and urban concentration around the city's best-connected areas.
By the way, we've written a blog article detailing the latest updates on property price variations in Hiroshima.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Hiroshima.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Japan versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What types of properties are available in Hiroshima and how do their prices compare in 2026?
In Hiroshima in 2026, existing condos make up about 45% of the resale market, while existing detached houses account for roughly 35%, with new condos at 10%, new-build houses at 5%, and townhouses and other property types filling the remaining 5%, reflecting how condos dominate urban cores while houses are more common in suburban wards.
As of early 2026, the average price for an existing condo in Hiroshima is ¥30 million ($200,000 or €182,000), while new condos average ¥55 million ($367,000 or €333,000). Existing detached houses average around ¥32 million ($213,000 or €194,000), new-build detached houses come in at ¥40 million ($267,000 or €242,000), townhouses average ¥26 million ($173,000 or €158,000), and older starter condos can be found for around ¥16 million ($107,000 or €97,000).
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Hiroshima?
- How much should you pay for a house in Hiroshima?
- How much should you pay for an apartment in Hiroshima?
- How much should you pay for a studio in Hiroshima?
How do property prices compare between existing and new homes in Hiroshima in 2026?
New-build properties in Hiroshima in 2026 command an estimated 25% premium per square meter compared to similar existing homes in the same location.
This premium exists because new construction incorporates modern earthquake resistance standards, better energy efficiency, and building amenities that buyers value, while limited new supply in the best transit-connected areas gives developers pricing power.
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How do property prices vary by neighborhood in Hiroshima in 2026?
Naka-ku, particularly around Hondori and Kamiyacho, is Hiroshima's premium walkable core with restaurants, offices, and riverfront views. Newer and renovated condos here typically range from ¥45 million to ¥120 million ($300,000 to $800,000 or €273,000 to €727,000) because this is where jobs and amenities concentrate.
Minami-ku near Hiroshima Station offers the best intercity connectivity via Shinkansen and has seen significant redevelopment. Newer condos and compact high-convenience units here range from ¥32 million to ¥75 million ($213,000 to $500,000 or €194,000 to €455,000), driven by commuter demand and ongoing infrastructure improvements.
Nishi-ku around Yokogawa provides good rail links with a calmer atmosphere and better value than the central wards. Existing condos and family-sized units here range from ¥22 million to ¥40 million ($147,000 to $267,000 or €133,000 to €242,000), making it popular with families seeking a balance between price and commute time.
You will find a much more detailed analysis by areas in our property pack about Hiroshima. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Character | Price Range (¥ and $) | Per sqm (¥ and $) | Per sqft (¥ and $) |
|---|---|---|---|---|
| Naka-ku (Hondori/Kamiyacho) | Premium / Walkable | ¥45m-¥120m ($300k-$800k) | ¥550k-¥700k ($3,670-$4,670) | ¥51k-¥65k ($340-$433) |
| Naka-ku (Peace Blvd) | Premium / Scenic | ¥40m-¥90m ($267k-$600k) | ¥500k-¥650k ($3,330-$4,330) | ¥46k-¥60k ($310-$402) |
| Minami-ku (Station area) | Commute / Redevelopment | ¥32m-¥75m ($213k-$500k) | ¥450k-¥620k ($3,000-$4,130) | ¥42k-¥58k ($279-$384) |
| Minami-ku (Ujina) | Lifestyle / Waterfront | ¥28m-¥55m ($187k-$367k) | ¥380k-¥520k ($2,530-$3,470) | ¥35k-¥48k ($235-$322) |
| Nishi-ku (Yokogawa) | Commute / Value | ¥22m-¥40m ($147k-$267k) | ¥320k-¥450k ($2,130-$3,000) | ¥30k-¥42k ($198-$279) |
| Nishi-ku (Koi) | Family / Calm | ¥20m-¥36m ($133k-$240k) | ¥300k-¥420k ($2,000-$2,800) | ¥28k-¥39k ($186-$260) |
| Higashi-ku (Ushita) | Family / Near Core | ¥24m-¥45m ($160k-$300k) | ¥330k-¥480k ($2,200-$3,200) | ¥31k-¥45k ($204-$297) |
| Asaminami-ku (Gion) | Family / Good Schools | ¥20m-¥38m ($133k-$253k) | ¥280k-¥380k ($1,870-$2,530) | ¥26k-¥35k ($174-$235) |
| Saeki-ku (Itsukaichi) | Value / Suburban | ¥18m-¥34m ($120k-$227k) | ¥240k-¥330k ($1,600-$2,200) | ¥22k-¥31k ($149-$204) |
| Asakita-ku | Entry / Budget | ¥12m-¥26m ($80k-$173k) | ¥220k-¥300k ($1,470-$2,000) | ¥20k-¥28k ($136-$186) |
| Aki-ku | Entry / Budget | ¥13m-¥28m ($87k-$187k) | ¥220k-¥310k ($1,470-$2,070) | ¥20k-¥29k ($136-$192) |
| Hatsukaichi | Lifestyle / Miyajima Access | ¥18m-¥40m ($120k-$267k) | ¥250k-¥360k ($1,670-$2,400) | ¥23k-¥33k ($155-$223) |
How much more do you pay for properties in Hiroshima when you include renovation work, taxes, and fees?
When buying an existing home in Hiroshima in 2026, you should expect to pay an additional 8% to 12% on top of the purchase price for transaction costs, taxes, and potential renovation, while new homes typically add 5% to 8% in extra costs.
For a property around $200,000 (¥30 million) in Hiroshima, you would pay approximately ¥2.5 million to ¥3.4 million ($17,000 to $23,000) in additional costs. This brings your total outlay to roughly ¥32.5 million to ¥33.4 million ($217,000 to $223,000).
For a property around $500,000 (¥75 million) in Hiroshima, additional costs would range from about ¥6 million to ¥9 million ($40,000 to $60,000). Your total cost would therefore land between ¥81 million and ¥84 million ($540,000 to $560,000).
For a property around $1,000,000 (¥150 million) in Hiroshima, expect additional costs of approximately ¥12 million to ¥18 million ($80,000 to $120,000). This puts your all-in investment at ¥162 million to ¥168 million ($1,080,000 to $1,120,000).
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Hiroshima
| Expense | Category | Estimated Cost Range (¥ and $) |
|---|---|---|
| Agent Fee | Transaction | Approximately 3% of the purchase price plus a small fixed amount, typically around ¥900,000 ($6,000) on a ¥30 million property. This fee is standard for resale transactions and is negotiable on higher-value deals. |
| Registration and Judicial Scrivener | Legal | ¥200,000 to ¥600,000 ($1,300 to $4,000) depending on property value and complexity. This covers title registration, mortgage registration if applicable, and the licensed professional who handles the paperwork. |
| Stamp Duty | Tax | ¥10,000 to ¥60,000 ($70 to $400) based on contract value. This is a national tax applied to the purchase agreement and mortgage documents, with rates set by the Japanese government. |
| Loan Fees and Guarantee Fees | Financing | ¥200,000 to ¥1,000,000 ($1,300 to $6,700) depending on loan amount and bank. Many Japanese banks require a guarantee company fee, which can be paid upfront or added to the interest rate. |
| Home Inspection | Diligence | ¥50,000 to ¥100,000 ($330 to $670) if you choose to have one done. This is optional but recommended for existing homes to check structural condition, plumbing, and electrical systems. |
| Light Renovation | Upgrade | ¥500,000 to ¥2,000,000 ($3,300 to $13,300) for cosmetic updates like flooring and walls. Many existing properties in Hiroshima need some refresh, especially units over 20 years old. |
| Major Renovation | Upgrade | ¥3,000,000 to ¥10,000,000+ ($20,000 to $67,000+) for comprehensive work including kitchen, bathroom, and layout changes. This level of renovation is common when buying older properties at entry-level prices. |
We made this infographic to show you how property prices in Japan compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Hiroshima in 2026 with different budgets?
With $100,000 (about ¥15 million) in Hiroshima as of the first half of 2026, you can buy an older 1LDK condo of around 40 sqm in Asakita-ku, an older 2DK of about 45 sqm in Aki-ku, or a small 1LDK of 35 sqm in outer Saeki-ku, all of which are existing properties that will likely need some updating.
With $200,000 (about ¥30 million) in Hiroshima, you could purchase an existing 2LDK condo of 65 sqm in Nishi-ku near Yokogawa, an existing 3LDK of 75 sqm in Asaminami-ku near Gion, or an older detached house with about 100 to 110 sqm of building space in outer Saeki-ku.
With $300,000 (about ¥45 million) in Hiroshima, you could afford an existing 3LDK condo of 75 sqm in Minami-ku with good station access, a newer existing 2LDK of 60 sqm on the fringes of Naka-ku, or a better-quality detached house with 110 sqm of building space in Asaminami-ku.
With $500,000 (about ¥75 million) in Hiroshima, you enter the upper market and could buy a new 3LDK condo of 70 sqm in a prime area of Naka-ku, a high-grade condo of 80 to 90 sqm near Hiroshima Station in Minami-ku, or a newer detached house in a strong family neighborhood with a larger lot and good parking.
With $1,000,000 (about ¥150 million) in Hiroshima, you can access the top tier of the market, including a luxury newer condo of around 100 sqm in the best blocks of Naka-ku with premium views, a large custom-built detached home in a prime convenient location, or potentially two properties as part of an investment strategy.
With $2,000,000 (about ¥300 million) in Hiroshima, you are essentially unconstrained, though inventory at this level is limited since this exceeds typical demand; options include ultra-premium penthouse units if available, prime land with a custom build in a top location, or a portfolio of multiple central condos.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Hiroshima.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Hiroshima, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source Name | Why It's Authoritative | How We Used It |
|---|---|---|
| MLIT Real Estate Information Library | Japan's official government platform for real transaction and contract price information. | We used it as the primary source for what buyers actually paid in Hiroshima. We anchored our price-per-sqm levels and distribution across entry, mainstream, and luxury segments to this data. |
| RETPC REINS Reports | Aggregates closed transactions from Japan's designated real estate information networks, published by a public-interest foundation. | We used it to cross-check typical closed prices and year-over-year trends for the China region. We then adjusted these regional figures to Hiroshima-city levels based on urban market dynamics. |
| Statistics Bureau of Japan CPI | The official inflation dataset for Japan, used by government agencies and the central bank. | We used CPI to express inflation-corrected price changes over time. We applied it to translate nominal housing price changes into real purchasing power terms. |
| Bank of Japan Outlook | Japan's central bank sets the baseline narrative on inflation and macroeconomic conditions. | We used it to frame the inflation backdrop around 2025-2026. We cross-checked our inflation assumptions against BOJ's published ranges for consistency. |
| Reuters MLIT Survey Coverage | Major wire service summarizing official MLIT land price survey data with clear attribution. | We used it to validate the broader direction of land prices across Japan's regional cities. We confirmed our Hiroshima trend estimates aligned with the national and regional story. |
| Real Estate Economic Institute | Long-standing specialist institute tracking new condo supply and prices with historical data. | We used it to ground our new versus existing pricing logic. We kept our new-build premium estimate realistic based on documented construction cost pressures. |
| Hiroshima City Ward Office Records | Local government data on neighborhood demographics and zoning classifications. | We used it to understand ward-level market dynamics. We identified which areas attract families, commuters, or budget buyers based on local characteristics. |
| Japan Real Estate Institute | Independent research body providing land value assessments and market analysis. | We used it to validate long-term price appreciation trends. We cross-referenced 10-year changes against their historical datasets. |
| Hiroshima Streetcar Network Data | Official transit authority information on station locations and passenger flows. | We used it to identify transit-accessible neighborhoods. We factored proximity to streetcar stops into neighborhood pricing assessments. |
| JR West Shinkansen Station Data | Rail operator information on intercity connectivity and station development. | We used it to understand the premium around Hiroshima Station. We noted how Shinkansen access affects property values in Minami-ku. |
| Japanese Judicial Scrivener Association | Professional body setting fee guidelines for property registration services. | We used it to estimate registration and legal costs. We applied standard fee ranges to our transaction cost calculations. |
| Japan Housing Finance Agency | Government-backed agency providing data on mortgage terms and lending conditions. | We used it to understand buyer financing realities. We incorporated typical loan fee structures into total cost estimates. |
| National Tax Agency Japan | Official source for stamp duty rates and property-related tax obligations. | We used it to calculate tax costs in transactions. We applied current rate schedules to different property price levels. |
| Hiroshima Prefecture Tourism Data | Official statistics on visitor patterns and popular destinations like Miyajima. | We used it to assess lifestyle appeal of areas like Hatsukaichi. We noted how proximity to attractions influences certain buyer segments. |
| Japan Building Standards Law Documentation | Official regulations on earthquake resistance and construction standards. | We used it to explain the new-build premium rationale. We connected stricter standards to price differences between new and older properties. |
| Hiroshima Real Estate Agent Associations | Local industry groups with insight into negotiation patterns and market practices. | We used it to estimate listing-to-sale price gaps. We differentiated discount patterns between central and outer ward transactions. |
| Japan Contractor Price Index | Industry data tracking construction material and labor costs. | We used it to explain upward pressure on new-build pricing. We connected cost inflation to developer pricing strategies in Hiroshima. |
| Chugoku Region Economic Reports | Regional business federation analysis of local economic conditions. | We used it to contextualize Hiroshima's position as the China region's main urban center. We factored regional economic health into demand assessments. |
| Japanese Home Inspection Guidelines | Industry standards for property condition assessments in Japan. | We used it to estimate inspection costs for existing homes. We included typical fee ranges in our transaction cost tables. |
| Hiroshima Renovation Contractor Surveys | Local contractor pricing data for residential improvement work. | We used it to estimate renovation costs for existing properties. We differentiated between light cosmetic updates and major renovation projects. |
| Japan Apartment Management Association | Industry body with data on condo building ages and management practices. | We used it to understand the age distribution of existing condo stock. We applied typical age-related price adjustments to our estimates. |
| Hiroshima Urban Development Reports | City planning documents on redevelopment projects and infrastructure investment. | We used it to identify areas with development momentum like Hiroshima Station. We noted how planned improvements affect current pricing. |
| Japan Expat Housing Surveys | Research on foreign resident housing preferences and location choices. | We used it to identify neighborhoods popular with expats. We highlighted Naka-ku, Minami-ku, and Nishi-ku based on documented expat demand patterns. |
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