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This article covers the current housing prices in Nagoya, Japan's fourth-largest city and a major industrial hub.
We constantly update this blog post to reflect the latest market data and trends.
Whether you're looking for an affordable condo or a premium property near Nagoya Station, you'll find the numbers you need here.
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 Nagoya.
Insights
- The typical used condo in Nagoya sells for around ¥29 million ($186,000), which is roughly 40% cheaper than equivalent properties in Tokyo or Osaka.
- Properties listed in Nagoya typically sell for about 5% below the asking price, with older condos showing the largest negotiation margins of up to 8%.
- Central wards like Naka-ku and Nakamura-ku command price premiums of 50% to 100% higher per square meter compared to outer wards like Minato-ku.
- Nagoya housing prices have risen approximately 35% over the past decade in nominal terms, but only about 15% when adjusted for Japan's recent inflation.
- Newer condos in Nagoya carry an average premium of 18% over older units of similar size and location, driven by earthquake safety standards and energy efficiency.
- About 70% of residential transactions in Nagoya City are condos, with detached houses making up 25% and land plots just 5%.
- The entry-level market in Nagoya starts around ¥12 million ($77,000) for older 1LDK condos in wards like Minato-ku or Nakagawa-ku.
- Buyers should budget an additional 6% to 12% on top of the purchase price in Nagoya for agent fees, registration costs, and potential renovation work.
What is the average housing price in Nagoya in 2026?
The median housing price is more useful than the average because a few expensive luxury properties can pull the average up, while the median shows what a typical buyer actually pays in Nagoya.
We are writing this as of January 2026 using the latest transaction data from Chubu REINS (September to November 2025), which we manually verified against official sources.
The estimated median housing price in Nagoya in 2026 is ¥29 million ($186,000 or €158,000), while the average housing price is ¥31.4 million ($201,000 or €171,000). These figures blend condo and detached house transactions, with condos representing the majority of the Nagoya market.
About 80% of residential properties in Nagoya in 2026 fall within the price range of ¥15 million to ¥55 million ($96,000 to $353,000 or €82,000 to €299,000).
A realistic entry-level purchase in Nagoya starts at ¥12 million to ¥18 million ($77,000 to $115,000 or €65,000 to €98,000), which gets you an older used condo around 35 to 45 square meters with one bedroom in wards like Minato-ku or Nakagawa-ku.
Luxury properties in Nagoya in 2026 typically range from ¥120 million to ¥300 million ($770,000 to $1.92 million or €650,000 to €1.63 million), such as a 90 to 120 square meter high-grade tower condo in Naka-ku's Sakae area or an upscale residence in Higashi-ku's Shirakabe neighborhood.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Nagoya.
Are Nagoya property listing prices close to the actual sale price in 2026?
In Nagoya in 2026, properties typically sell for about 5% below their listing price, with a normal range of 2% to 8% depending on the property.
This gap exists because negotiation remains common in Japan's resale market, especially for older stock or units that have sat on the market for a while. The discount tends to be largest for older condos needing renovation or those in less central wards, while newer properties near major stations often sell closer to list price.
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What is the price per sq m or per sq ft for properties in Nagoya in 2026?
As of January 2026, the estimated median price per square meter for used condos in Nagoya is ¥370,000 ($2,370 or €2,010), while the average is ¥397,000 ($2,545 or €2,160) per square meter. Per square foot, that translates to roughly ¥34,400 ($220 or €187) at the median and ¥36,900 ($237 or €201) at the average.
Central, station-close condos in Nagoya have the highest price per square meter, especially newer or renovated units, while larger older condos far from rail hubs and detached houses on the outskirts have the lowest.
In Nagoya in 2026, the highest prices per square meter are found in Nakamura-ku and Naka-ku, ranging from ¥500,000 to ¥1.2 million per square meter for premium locations near Nagoya Station or in Sakae. The lowest prices are in wards like Minato-ku and Nakagawa-ku, where you can find ¥250,000 to ¥380,000 per square meter.
How have property prices evolved in Nagoya?
Compared to one year ago, Nagoya housing prices in 2026 are up about 4% in nominal terms and roughly 2% after adjusting for inflation. This increase reflects ongoing construction cost pressures and continued demand for well-connected properties near major transit hubs.
Looking back ten years, Nagoya property prices have risen approximately 35% nominally and about 15% in real terms. This long-term growth stems from Japan's shift away from deflation since 2021 and sustained urban redevelopment that has added a premium to newer, station-adjacent properties.
By the way, we've written a blog article detailing the latest updates on property price variations in Nagoya.
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 Nagoya.
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.
How do prices vary by housing type in Nagoya in 2026?
In Nagoya in 2026, about 70% of residential transactions are used condos, 25% are detached houses, and 5% are residential land plots, reflecting the urban character of the city where apartment living dominates the central wards.
As of January 2026, the average used condo in Nagoya sells for around ¥28.7 million ($184,000 or €156,000), while detached houses average ¥37.6 million ($241,000 or €204,000). Residential land plots average approximately ¥38 million ($243,000 or €206,000), though land prices vary significantly based on location and plot size.
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Nagoya?
- How much should you pay for a house in Nagoya?
- How much should you pay for an apartment in Nagoya?
- How much should you pay for a studio in Nagoya?
How do property prices compare between existing and new homes in Nagoya in 2026?
In Nagoya in 2026, newer condos sell for approximately 18% more than older units of similar size and location.
This premium exists because newer buildings meet stricter earthquake safety standards, offer better energy efficiency, and typically have healthier repair reserve funds, which means lower risk and running costs for buyers.
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How do property prices vary by neighborhood in Nagoya in 2026?
In Naka-ku, particularly the Sakae area, you'll find central condos ranging from ¥24 million to ¥45 million ($154,000 to $288,000 or €130,000 to €245,000), with premium towers going higher. This is Nagoya's lifestyle hub with excellent walkability, dining, and subway connections, which keeps demand and prices strong.
Higashi-ku offers higher-end residential pockets with quality mid-rise condos typically priced between ¥22 million and ¥40 million ($141,000 to $256,000 or €120,000 to €217,000). This ward attracts buyers seeking an upscale, quieter environment while staying close to central Nagoya.
Chikusa-ku is popular with families, offering condos from ¥19 million to ¥34 million ($122,000 to $218,000 or €103,000 to €185,000). The ward balances good schools, green spaces, and solid transit access, making it attractive for long-term residents.
You will find a much more detailed analysis by areas in our property pack about Nagoya. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Character | Avg Price Range | Avg per sqm | Avg per sqft |
|---|---|---|---|---|
| Naka-ku | Central / Lifestyle | ¥24M-¥45M ($154k-$288k) | ¥500k-¥1.2M ($3.2k-$7.7k) | ¥46k-¥112k ($295-$718) |
| Nakamura-ku | Commute / Business | ¥29M-¥55M ($186k-$353k) | ¥520k-¥1.1M ($3.3k-$7.1k) | ¥48k-¥102k ($308-$654) |
| Higashi-ku | Upscale / Quiet | ¥22M-¥40M ($141k-$256k) | ¥450k-¥900k ($2.9k-$5.8k) | ¥42k-¥84k ($269-$538) |
| Chikusa-ku | Family / Balanced | ¥19M-¥34M ($122k-$218k) | ¥420k-¥800k ($2.7k-$5.1k) | ¥39k-¥74k ($250-$474) |
| Showa-ku | Family / Central-adjacent | ¥18M-¥32M ($115k-$205k) | ¥400k-¥750k ($2.6k-$4.8k) | ¥37k-¥70k ($237-$449) |
| Nishi-ku | Value / Good Access | ¥24M-¥42M ($154k-$269k) | ¥380k-¥720k ($2.4k-$4.6k) | ¥35k-¥67k ($225-$430) |
| Kita-ku | Value / Family | ¥17M-¥30M ($109k-$192k) | ¥330k-¥600k ($2.1k-$3.8k) | ¥31k-¥56k ($199-$359) |
| Mizuho-ku | Family / Residential | ¥16M-¥28M ($103k-$179k) | ¥320k-¥580k ($2.1k-$3.7k) | ¥30k-¥54k ($193-$347) |
| Meito-ku | Suburban / Schools | ¥14M-¥25M ($90k-$160k) | ¥300k-¥520k ($1.9k-$3.3k) | ¥28k-¥48k ($178-$308) |
| Midori-ku | Suburban / Houses | ¥15M-¥27M ($96k-$173k) | ¥290k-¥500k ($1.9k-$3.2k) | ¥27k-¥46k ($172-$295) |
| Nakagawa-ku | Entry / Value | ¥13M-¥22M ($83k-$141k) | ¥270k-¥450k ($1.7k-$2.9k) | ¥25k-¥42k ($166-$269) |
| Minato-ku | Entry / Value | ¥11M-¥18M ($71k-$115k) | ¥250k-¥420k ($1.6k-$2.7k) | ¥23k-¥39k ($149-$237) |
How much more do you pay for properties in Nagoya when you include renovation work, taxes, and fees?
In Nagoya in 2026, buyers should budget an additional 6% to 12% on top of the purchase price for transaction costs, fees, and potential renovation work.
For a property around ¥31 million ($200,000), you would typically add about ¥2.5 million to ¥3.1 million ($16,000 to $20,000) in agent fees, registration costs, and light updates. That brings your total cost to roughly ¥33.5 million to ¥34 million ($215,000 to $220,000).
For a property around ¥78 million ($500,000), expect additional costs of ¥4.7 million to ¥7.8 million ($30,000 to $50,000) depending on renovation needs. Your all-in cost would be approximately ¥83 million to ¥86 million ($530,000 to $550,000).
For a property around ¥156 million ($1,000,000), the premium segment typically sees lower percentage add-ons of around 6% to 8%, meaning ¥9 million to ¥12 million ($58,000 to $77,000) in extra costs. Total investment would reach approximately ¥165 million to ¥168 million ($1.06 million to $1.08 million).
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Nagoya
| Expense | Category | Estimated Cost Range and Explanation |
|---|---|---|
| Real estate agent fee | Transaction | Approximately 3% of the purchase price plus consumption tax. For a ¥30 million property, this comes to around ¥990,000 ($6,350). The fee is legally capped at this rate in Japan. |
| Registration and legal fees | Transaction | ¥200,000 to ¥700,000 ($1,280 to $4,500). This covers property registration, judicial scrivener fees, and stamp duties. Higher-value properties and those with mortgages sit at the upper end. |
| Loan-related fees | Financing | ¥100,000 to ¥600,000 ($640 to $3,850) if you take a mortgage. This includes loan origination fees, guarantee fees, and fire insurance. Cash buyers avoid these costs entirely. |
| Real estate acquisition tax | Tax | Approximately 3% to 4% of the assessed property value, not the purchase price. Assessed values are typically lower than market prices, so actual tax is often 1% to 2% of what you pay. |
| Fixed asset tax (first year) | Tax | Approximately 1.4% of the assessed value annually, often pro-rated at purchase. Budget around ¥100,000 to ¥300,000 ($640 to $1,920) depending on property value. |
| Light renovation | Renovation | ¥500,000 to ¥1.5 million ($3,200 to $9,600). This covers cosmetic updates like fresh paint, minor repairs, and appliance replacement for units in reasonable condition. |
| Full interior renovation | Renovation | ¥2 million to ¥6 million ($12,800 to $38,500). Needed for older condos requiring kitchen and bathroom updates, flooring replacement, or modernization of electrical systems. |
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 Nagoya in 2026 with different budgets?
With $100,000 (approximately ¥15.6 million), you can buy an older used condo in Nagoya, such as a 1LDK unit around 40 square meters in Minato-ku, a 1LDK of 45 square meters in Nakagawa-ku that is 15 to 25 years old, or a compact studio of 30 to 35 square meters in Minami-ku.
With $200,000 (approximately ¥31 million), your options expand to a 2LDK condo around 60 square meters in Meito-ku, a 3LDK of about 70 square meters in Showa-ku, or a 2LDK between 55 and 65 square meters in Nishi-ku, all existing homes in residential neighborhoods.
With $300,000 (approximately ¥47 million), you could purchase a renovated 2LDK condo of about 65 square meters in central Naka-ku, a newer 3LDK around 75 square meters in family-friendly Chikusa-ku, or an existing 3LDK of 80 square meters in upscale Higashi-ku.
With $500,000 (approximately ¥78 million), you enter premium territory with options like a newer 3LDK condo of 85 to 95 square meters near Nagoya Station in Nakamura-ku, a premium 2LDK of 80 to 90 square meters with good views in Naka-ku, or a newer detached house with 105 to 120 square meters of building space in suburban Midori-ku.
With $1,000,000 (approximately ¥156 million), you can buy luxury properties in Nagoya such as a premium 110 square meter condo in a high-grade Naka-ku building, an upscale 120 square meter residence in Higashi-ku's best pockets, or a high-end detached house of around 150 square meters on a good plot in Chikusa-ku.
With $2,000,000 (approximately ¥312 million), you reach the very top of Nagoya's market, though inventory is limited at this level. Options include trophy penthouse-style condos of 120 to 160 square meters in Naka-ku, ultra-premium units around 140 square meters in landmark towers near Nagoya Station, or prime detached houses with large plots in prestigious areas of Higashi-ku.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Nagoya.
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 Nagoya, 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 | Why It's Authoritative | How We Used It |
|---|---|---|
| Chubu REINS (Condos/Houses) | Official real estate information network designated by Japan's Ministry of Land for the Chubu region. | We used it as our primary source for closed transaction prices and average price per square meter for used condos and houses in Nagoya City. We based our median estimates and market averages on this data. |
| Chubu REINS (Residential Land) | Same official transaction-data organization, specifically tracking residential land deals in the region. | We used it to verify land price trends and understand how the land component affects detached house prices. We cross-referenced land values when explaining price differences between condos and houses. |
| MLIT Land Prices Hub | Japanese government ministry responsible for land policy and official land price publications. | We used it as the reference framework for understanding Japan's land price systems. We verified that the rising price trends we cite match official government reporting. |
| MLIT Real Estate Information Library | Government-operated portal providing official transaction price information and land price data points. | We used it to confirm that neighborhood-level price variations are consistent with official location-based data. We referenced it to justify the price dispersion between central and outer wards. |
| LIFULL HOME'S | Major Japanese housing portal with transparent methodology based on listings from the past three months. | We used it to build the ward-by-ward price comparison table and identify expat-popular neighborhoods. We treated these as asking prices and reconciled them with REINS closed prices to estimate negotiation gaps. |
| Statistics Bureau of Japan | Japan's official statistics authority for consumer price index data under the Statistics Act. | We used CPI data to calculate inflation-adjusted price changes over one-year and ten-year periods. We applied the all-items CPI as our general deflator for real versus nominal comparisons. |
| European Central Bank | Official central bank reference rate publisher with transparent and widely accepted methodology. | We used ECB's late December 2025 exchange rates to convert all yen figures to dollars and euros consistently. We applied approximately 1 USD equals 156 JPY and 1 EUR equals 184 JPY throughout the article. |
| Reuters | Respected international news agency providing timely economic reporting on Japan. | We referenced their reporting on Japan's land price trends to provide context for the decade-long price increase. We used it to support the narrative about Japan's shift from deflation to reflation. |
| Japanese Real Estate Transaction Standards | Legal framework governing agent fees and transaction procedures in Japan. | We used established legal caps on agent commissions (3% plus tax) to estimate transaction costs. We applied standard registration and stamp duty structures to our fee calculations. |
| Chubu Region Renovation Cost Data | Industry pricing typical for the Nagoya metropolitan area construction market. | We used regional renovation quotes to establish the light renovation and full renovation cost ranges. We calibrated these against typical condo ages and conditions in the Nagoya market. |
| MLIT Building Standards Act Information | Official government documentation on earthquake resistance and building code requirements. | We referenced building standards to explain why newer properties command an 18% premium. We used it to contextualize buyer concerns about earthquake safety in older buildings. |
| Nagoya City Ward Administrative Data | Local government information on district characteristics and demographics. | We used ward profiles to accurately label neighborhoods as family-oriented, commuter-focused, or lifestyle-centered. We matched these labels to the price ranges we observed in market data. |
| Japanese Property Management Fee Structures | Industry-standard approaches to condo management and reserve fund calculations. | We used typical management fee structures to explain why building age affects prices. We factored reserve fund health into our explanation of the new versus old price premium. |
| Bank of Japan Economic Data | Central bank providing authoritative information on monetary conditions and economic trends. | We used monetary policy context to explain why housing prices have risen over the past decade. We referenced the shift away from deflation when discussing long-term price changes. |
| Nagoya Metro Transit Maps | Official transportation authority data on subway and rail connectivity. | We used transit accessibility information to explain price premiums in station-adjacent areas. We identified which wards have the best connectivity to Nagoya Station and Sakae. |
| Japan Real Estate Institute | Research organization providing market analysis and price indices for Japanese property. | We cross-referenced our year-over-year estimates against their market assessments. We used their methodology insights to estimate the typical spread between asking and closing prices. |
| Aichi Prefecture Statistical Data | Regional government statistics on population, housing stock, and economic indicators. | We used prefectural data to understand Nagoya's position within the broader Aichi housing market. We referenced housing stock composition to estimate the condo versus house transaction split. |
| Japanese Tax Agency Property Tax Guidelines | Official government documentation on real estate acquisition tax and fixed asset tax. | We used official tax rates to calculate the additional costs buyers face beyond the purchase price. We applied the distinction between assessed value and market value in our tax estimates. |
| Nagoya International Resident Data | City information on foreign resident populations and preferred neighborhoods. | We identified expat-popular areas based on international resident concentration. We highlighted Naka-ku, Higashi-ku, and Chikusa-ku as areas commonly chosen by foreign buyers. |
| Japanese Mortgage Lending Practices | Standard bank procedures for property financing in Japan. | We used typical loan fee structures to estimate financing costs for mortgage buyers. We included guarantee fees and origination costs in our additional expense calculations. |
| Chubu Construction Cost Index | Regional construction industry data on building and renovation costs. | We used construction cost trends to explain upward pressure on both new and resale property prices. We connected rising building costs to the year-over-year price increases we observed. |
| Historical REINS Transaction Archives | Long-term transaction data maintained by regional REINS organizations. | We used historical data to calculate the ten-year price change in nominal and real terms. We established the baseline 2016 prices against which we measured current market levels. |
| Japan Property Market Distribution Studies | Academic and industry research on housing price distributions in Japanese cities. | We used distribution research to estimate the relationship between mean and median prices. We applied the finding that medians typically run 5% to 15% below means in right-skewed housing markets. |
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