
Get all the data you need about the real estate market in Fukuoka
SUMMARY
A realistic budget for a resale apartment in Fukuoka today is around ¥30–35 million, while buyers looking at new construction should expect closer to ¥50–55 million.
The citywide resale market is sitting around ¥496,000 per square meter. At that level, a 60 m² apartment works out to roughly ¥30 million and a 70 m² family apartment to about ¥35 million.
That citywide figure hides a surprisingly fragmented market. Chuo-ku is around one-third more expensive per square meter than Fukuoka as a whole, while Minami-ku and Jonan-ku can come in at roughly half Chuo-ku asking-price levels.
Age changes the equation almost as much as location. Current asking data put apartments under ten years old near ¥895,000 per square meter, versus roughly ¥330,000 once buildings are more than 30 years old.
Station access carries a large premium too. Recent transaction analysis shows apartments within five minutes of a station around 58% more expensive per square meter than homes 16 minutes or more away, although location and building quality explain part of that gap.
New construction remains a different market from resale. The latest full-year average for new Fukuoka condominiums is about ¥53.05 million, and the recent fall in that average appears to owe a lot to fewer expensive Chuo-ku launches rather than broad discounting by developers.
Resale prices are still edging upward. Recent transaction datasets disagree on the exact annual increase, but both put Fukuoka near ¥500,000 per square meter and both still show positive price growth.
The underlying market is giving sellers some support: Fukuoka City is still gaining residents, residential and commercial land prices continue to rise, and new-condominium supply has stayed below 3,000 units for three consecutive years.
Budget changes what kind of Fukuoka a buyer gets. Around ¥30 million usually means older resale stock or a compromise on location; ¥50 million makes good family apartments and some new projects realistic; ¥80 million opens far more newer central options.
The useful distinction is therefore not simply cheap versus expensive. Fukuoka contains several apartment markets at once, and the combination of ward, building age, size and station access often matters more than the citywide average itself.
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How much does an apartment cost in Fukuoka now?
How much does an apartment in Fukuoka cost now?
A realistic budget for a resale apartment in Fukuoka today is around ¥30–35 million, while buyers looking at new construction should expect something closer to ¥50–55 million.
Recent transaction data based on Japan’s Ministry of Land, Infrastructure, Transport and Tourism records put Fukuoka City resale apartments at roughly ¥496,000 per square meter. That works out to about ¥29.7 million for 60 m² and ¥34.7 million for 70 m².
The new-build market sits much higher. Haseko Research Institute’s latest full-year analysis puts the average new condominium sold in Fukuoka City at ¥53.05 million.
Those two numbers are the most useful starting point. Around ¥30 million still gets a buyer into the resale market. Around ¥50 million opens many more recent properties and some new developments. Once the search moves toward newer apartments in Chuo-ku, Sawara-ku or prime neighborhoods near central subway stations, ¥60–80 million becomes much more normal.
| Fukuoka apartment market | Useful price today | Approximate price/m² | What the number tells us |
|---|---|---|---|
| Resale apartment | ¥30–35m | ~¥496,000 | Good citywide starting budget |
| 60 m² resale | ~¥29.7m | ~¥496,000 | Size-based benchmark |
| 70 m² resale | ~¥34.7m | ~¥496,000 | Typical family-size benchmark |
| New apartment | ~¥53.1m | Varies by project | Latest full-year average |
Why can two Fukuoka apartments cost ¥25 million and ¥70 million?
Two apartments in Fukuoka can easily differ by ¥40 million or more because location, building age and size all move prices dramatically.
The age gap alone is huge. Current Fukuoka listings collected by Base-up show a median asking price of about ¥58 million for apartments built within the past ten years. Apartments more than 40 years old sit around ¥20 million.
Location creates another major gap. Recent MLIT transaction data put Chuo-ku at roughly ¥657,000 per square meter, compared with about ¥496,000 across Fukuoka City. A 70 m² apartment priced at those two rates comes to roughly ¥46 million in Chuo-ku against ¥35 million citywide.
Then there is size. Current listings show 50–70 m² apartments around ¥25 million at the median, while 70–90 m² properties are closer to ¥38 million. Larger apartments are also more common in expensive family neighborhoods, which pushes total prices up again.
So a single “average Fukuoka apartment price” becomes pretty misleading once a buyer knows what kind of apartment they actually want.
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What does a normal resale apartment cost in Fukuoka today?
A normal resale apartment in Fukuoka currently lands somewhere around the low ¥30 millions, with a 70 m² property worth roughly ¥35 million at the latest citywide transaction rate.
The newest MLIT-based data show an average transaction rate of about ¥495,600 per square meter. That rate is 4.7% higher than a year earlier.
Another large transaction database, Uchinokati, reaches a very similar current estimate: about ¥496,000 per square meter across Fukuoka City. Its latest calculation uses almost 5,000 recent transactions rather than a handful of advertised properties.
That agreement is useful. Two separate analyses of government transaction records are both putting the current resale market close to ¥500,000 per square meter.
For buyers, ¥30 million therefore remains a serious budget rather than an unrealistic bargain hunt. The compromises usually begin with apartment age, exact neighborhood or size rather than access to the market altogether.
How much should we budget for a 50, 60 or 70 m² apartment in Fukuoka?
For an average resale apartment in Fukuoka today, we would use roughly ¥25 million for 50 m², ¥30 million for 60 m² and ¥35 million for 70 m² as quick budget markers.
These figures come from applying the latest citywide transaction rate of about ¥496,000 per square meter. They are deliberately simple benchmarks.
The real market starts spreading out once we add location and age. A 70 m² apartment in an older suburban building can sell well below ¥35 million. The same 70 m² in a recent central building can cost ¥60 million, ¥80 million or more.
Current listing data make that spread particularly clear. Apartments between 50 and 70 m² have a median asking price around ¥25 million, while the 70–90 m² group reaches roughly ¥37.8 million. Properties above 90 m² jump to about ¥60.8 million.
| Apartment size | Simple citywide benchmark | Current listing median by size band | Typical use |
|---|---|---|---|
| 50 m² | ~¥24.8m | 50–70 m² band: ~¥25.0m | Couple / compact family |
| 60 m² | ~¥29.7m | 50–70 m² band: ~¥25.0m | Couple / small family |
| 70 m² | ~¥34.7m | 70–90 m² band: ~¥37.8m | Common family size |
| 80 m² | ~¥39.6m | 70–90 m² band: ~¥37.8m | Larger family apartment |
| 90 m²+ | ~¥44.6m+ | 90 m²+ band: ~¥60.8m | Larger / often pricier stock |
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Which parts of Fukuoka are actually expensive?
Chuo-ku is clearly Fukuoka’s most expensive large apartment market today, while buyers can still save a lot by moving into the outer wards.
Recent government transaction records put Chuo-ku around ¥657,000 per square meter. That is roughly one-third above the Fukuoka City average.
The difference becomes even more obvious in current asking prices. Base-up’s live-market data put Chuo-ku near ¥643,000 per square meter, Sawara-ku around ¥586,000, Hakata-ku around ¥485,000 and Higashi-ku around ¥429,000. Minami-ku and Jonan-ku sit much closer to ¥330,000.
A buyer moving from Chuo-ku to Minami-ku can therefore encounter square-meter prices close to half as high. That is a much bigger saving than most annual price changes in the market.
Sawara-ku deserves some attention too. Its total apartment prices can look surprisingly high because neighborhoods such as Nishijin and Momochi contain larger family properties. Chuo remains more expensive per square meter, while Sawara can still produce very large purchase totals.
| Fukuoka ward | Current asking price/m² | Broad price tier | What drives it |
|---|---|---|---|
| Chuo-ku | ~¥643,000 | Highest | Central location, premium neighborhoods |
| Sawara-ku | ~¥586,000 | High | Nishijin, Momochi, larger family stock |
| Hakata-ku | ~¥485,000 | Upper-middle | Central access, many compact units |
| Higashi-ku | ~¥429,000 | Middle | Large and varied housing stock |
| Nishi-ku | ~¥375,000 | Lower-middle | More distance from central Fukuoka |
| Minami-ku | ~¥331,000 | Lower | More affordable residential stock |
| Jonan-ku | ~¥331,000 | Lower | More affordable residential stock |
How expensive is Chuo-ku now?
Chuo-ku has become expensive enough that buyers should budget for it separately from the rest of Fukuoka.
The latest government transaction data put Chuo-ku resale apartments around ¥657,000 per square meter, up roughly 9% year on year. A simple 70 m² conversion gives about ¥46 million.
Even that can understate what buyers encounter in newer buildings. Current Chuo-ku listings gathered by SUUMO show 60–80 m² apartments with a median around ¥43 million, while 80–100 m² units sit around ¥65 million. Apartments built within the past ten years can move much higher.
The age breakdown is striking. Current listings for buildings aged five to ten years show a median around ¥82.8 million in one recent SUUMO sample. Buildings more than 40 years old in the same ward can sit around ¥20–26 million.
Chuo therefore has plenty of apartments below ¥40 million, but buyers usually get there by accepting an older building or less space. A recent family-size apartment in a strong Chuo location belongs in a much higher budget bracket.
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How much does apartment age change the price in Fukuoka?
Apartment age can cut the asking price per square meter by more than 60% in Fukuoka, so it is one of the first things we would look at when comparing apparently cheap properties.
Across thousands of current listings collected by Base-up, apartments less than ten years old have a median asking price of ¥58 million and roughly ¥895,000 per square meter.
Buildings aged 11–20 years fall to about ¥665,000 per square meter. At 21–30 years, the median is roughly ¥512,000. Once buildings reach 31–40 years, it drops to around ¥332,000.
The gap then stops widening much. Apartments over 40 years old are also around ¥330,000 per square meter. By that point, location, renovation quality, building management and redevelopment potential can matter as much as another ten years of age.
The important breakpoint in Fukuoka today is somewhere around the transition from newer stock into buildings more than 20 or 30 years old. That is where a buyer can suddenly gain a lot more space for the same budget.
| Building age | Current median asking price | Median asking price/m² | Discount vs <10 years |
|---|---|---|---|
| Up to 10 years | ~¥58.0m | ~¥895,000 | — |
| 11–20 years | ~¥47.8m | ~¥665,000 | ~26% |
| 21–30 years | ~¥39.0m | ~¥512,000 | ~43% |
| 31–40 years | ~¥20.9m | ~¥332,000 | ~63% |
| 41+ years | ~¥20.0m | ~¥330,000 | ~63% |
Is living near a station really that much more expensive in Fukuoka?
Yes. Being close to a station carries a very large price premium in Fukuoka, especially because the best-connected apartments also tend to sit in stronger neighborhoods.
An analysis of 2023–2025 government transactions puts apartments within a five-minute walk of a station at about ¥523,000 per square meter. Properties 16 minutes or more away averaged roughly ¥330,000.
That is a 58% gap.
For a 70 m² apartment, those two rates correspond to about ¥36.6 million and ¥23.1 million. We should not attribute the full ¥13.5 million difference to walking time because the groups also differ in age, neighborhood and building quality.
Still, that is a big spread. Buyers willing to give up immediate subway or rail access can move into a very different price range. In a compact city with strong subway corridors, the market puts a real price on being able to walk to a station.
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How much does a new apartment in Fukuoka cost now?
A new apartment in Fukuoka currently costs about ¥53 million on average, making new construction roughly a ¥50 million-plus purchase for most buyers.
Haseko Research Institute, using Real Estate Economic Institute data, calculated an average new-condominium price of ¥53.05 million across Fukuoka City in the latest full year.
That average came down 5.2% from ¥55.98 million a year earlier. The fall looks more dramatic than the underlying market change.
The reason is straightforward. The previous year had an unusually large number of expensive high-rise apartments launching in Chuo-ku. Chuo supplied 468 fewer units the following year, while Higashi-ku added 331. Fewer premium central units mechanically pulled down the citywide average.
We would therefore treat ¥50–55 million as the better current benchmark rather than conclude that developers have suddenly started cutting comparable apartment prices.
Are new apartments in Fukuoka finally getting cheaper?
Fukuoka’s latest new-apartment average has fallen, but there still is not convincing evidence of a broad new-build price correction.
The average dropped from ¥55.98 million to ¥53.05 million, a 5.2% decline. At first glance, that looks like genuine relief for buyers.
The mix of apartments changed heavily at the same time. Chuo-ku, where expensive high-rise projects had lifted the previous average, dropped to 479 new units. Higashi-ku jumped to 824 units and became a much larger part of total supply.
Haseko explicitly links the lower Fukuoka average to that geographical change.
The longer trend is still expensive. The citywide new-build average had been only ¥39.96 million two years before the ¥55.98 million peak. Even after the latest decline, today’s ¥53.05 million level sits roughly one-third above that earlier figure.
So buyers have seen some statistical cooling lately, but very little evidence so far that comparable new apartments have become cheap again.
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Are Fukuoka resale apartment prices still going up?
Yes, resale apartment prices in Fukuoka are still moving upward, although the pace now depends heavily on location and property quality.
The latest MLIT transaction data show Fukuoka City around ¥495,600 per square meter, up 4.7% year on year.
Uchinokati’s broader reconstruction of recent government transactions also puts the city near ¥496,000 per square meter and records a smaller annual increase of roughly 2%. Different filtering methods produce different growth rates, but both datasets still point upward.
Chuo-ku is stronger. Recent transaction data there are around ¥657,000 per square meter, with year-on-year growth somewhere around the high single digits depending on the dataset.
The market is becoming more selective. Newer, station-friendly apartments in central neighborhoods continue to command strong prices, while older or poorly located listings face more competition. A citywide average hides that widening gap.
The cleanest conclusion from the latest transaction evidence is that Fukuoka resale prices are still rising, just without every apartment participating equally.
Why are Fukuoka apartment prices holding up so well?
Fukuoka apartment prices still have unusually strong support from population growth, expensive land and limited new condominium supply.
Fukuoka City remains one of Japan’s large cities where the population is still growing. The city now has roughly 1.67 million residents, up by tens of thousands compared with the beginning of this decade.
Land prices continue to reinforce the same pressure. Fukuoka City’s latest official land-price survey puts average residential land at ¥258,100 per square meter, up another 7% year on year. Commercial land rose 9%.
Those increases came after residential land had already gained 9% the year before. Developers are still dealing with rapidly rising land costs even as buyers complain about apartment affordability.
New supply has also tightened. Haseko counted 2,212 newly supplied condominium units in Fukuoka City in the latest full year, down 352 from the previous year. Supply has now stayed below 3,000 units for three consecutive years.
The combination is fairly clear: Fukuoka is adding residents, the land underneath new projects keeps getting more expensive, and developers are putting fewer new units onto the market.
| Fukuoka market pressure | Latest reading | Previous comparison | Direction |
|---|---|---|---|
| Population | ~1.67m | Higher than early-decade level | Growing |
| Residential land | ¥258,100/m² | +7.0% YoY | Rising |
| Commercial land | ¥1.63m/m² | +9.0% YoY | Rising |
| New condo supply | 2,212 units | -352 units YoY | Falling |
| Years below 3,000 new units | 3 consecutive | — | Persistent |
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What can ¥30 million, ¥50 million and ¥80 million buy in Fukuoka now?
¥30 million still buys a genuine apartment in Fukuoka today, ¥50 million gives buyers a strong family-apartment budget, and ¥80 million starts opening the newer central market.
At around ¥30 million, buyers can find plenty of older resale apartments, 50–70 m² properties and homes in less expensive wards. A central address is possible too, especially with an older building or a smaller floor plan.
Around ¥50 million, the search becomes much easier. Good family-size resale stock is available across the city, and buyers can seriously look at Chuo-ku and Sawara-ku rather than filtering them out from the start. Some new developments also enter the conversation around this level.
Around ¥80 million, newer central apartments become realistic. Current asking data for Fukuoka buildings under ten years old already put the citywide median at ¥58 million, while younger Chuo-ku properties can sit considerably higher.
Once the budget crosses ¥100 million, buyers are looking at a much smaller premium segment: large recent units, towers and prime neighborhoods such as Ohori, Yakuin and parts of Nishijin or Momochi.
Fukuoka really does have several price markets sitting on top of one another. A ¥25 million older apartment and an ¥80 million recent family apartment can both be perfectly normal purchases in the same city.
So how much should you really budget for an apartment in Fukuoka now?
We would budget ¥30–35 million for a normal Fukuoka resale apartment today, around ¥50–55 million for new construction, and ¥60 million or more if the goal is a recent family apartment in one of the stronger central neighborhoods.
A buyer with ¥20–30 million still has real choices, particularly among older apartments and outside the most expensive parts of Chuo and Sawara. Around ¥35–45 million is a much more comfortable resale budget for a 60–80 m² family property.
The market changes again around ¥50 million. At that point, buyers can compare good resale apartments against entry-level new projects instead of shopping almost entirely on age and price.
For a newer central apartment, we would start closer to ¥60–80 million. Prime Chuo properties can push well beyond that.
So the direct answer is clear: Fukuoka remains accessible around ¥30 million in the resale market, but the version of Fukuoka that many buyers picture—newer, central, near a station and large enough for a family—costs much closer to ¥50–80 million these days.
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OUR METHODOLOGY
This analysis estimates how much an apartment costs in Fukuoka by separating the market into the factors that most directly affect what buyers actually pay: resale versus new construction, apartment size, ward, building age and station access.
We prioritized completed transaction evidence where possible rather than relying on one citywide asking-price average. MLIT transaction records establish the underlying resale level, while West Japan REINS market reports provide a second view of recent transaction conditions and market direction.
Current asking-market data are used for questions that transaction averages alone cannot answer particularly well, including how prices differ between wards, apartment sizes and building ages. These figures are treated as a view of the stock buyers can choose from today rather than as completed sale prices.
New condominiums are analyzed separately because they sit in a substantially higher price bracket. Haseko Research Institute’s work, using Real Estate Economic Institute data, provides the main benchmark for the ¥53.05 million new-condominium average and the 2,212 units supplied in the latest full year.
We also checked whether changes in headline averages reflected comparable properties getting more or less expensive, or simply a different mix of apartments being sold. That distinction is especially important for new construction, where fewer high-priced Chuo-ku projects and more Higashi-ku supply pulled down the citywide average.
Population, land prices and new-condominium supply are used as supporting market evidence rather than as substitutes for apartment-price data. Fukuoka City statistics provide the population trend, while Fukuoka Prefecture’s official land-price publication provides the residential and commercial land benchmarks discussed above.
The final budget ranges come from comparing these sources together rather than picking a single average. The citywide resale rate establishes the basic ¥30–35 million range, while the new-build data, ward-level differences, age discounts and station-access premium explain why buyers can reasonably encounter anything from roughly ¥20 million to well above ¥80 million.
Key sources used include MLIT’s Real Estate Information Library for completed property transactions, West Japan REINS prefectural market reports, West Japan REINS quarterly market summaries, Haseko Research Institute’s analysis of Fukuoka new-condominium supply and prices, Fukuoka Prefecture’s official land-price publication, Fukuoka City’s current population statistics, and At Home’s Fukuoka City resale-condominium market data, together with its ward-level pages for Chuo-ku, Sawara-ku, Hakata-ku, Higashi-ku, Nishi-ku, Minami-ku and Jonan-ku.
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