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In this article, we explain the current housing prices in Hiroshima in 2026, using the newest public land data, condo market data, mortgage data, and our own local analysis.
We also look at how Hiroshima property prices have moved over the past year, which neighborhoods are rising fastest, and what could happen next.
We constantly update this blog post so buyers can follow the Hiroshima residential property market with fresh and practical information.
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.
What are the current property price trends in Hiroshima as of 2026?
In simple terms, Hiroshima property prices in 2026 are rising, but the increase is strongest in central and tram-connected locations, while weaker outer hill areas are much flatter.
The important Hiroshima property trend in 2026 is not that every home is becoming expensive, but that buyers are paying more for convenience, walkability, station access, and well-managed apartment buildings.
What is the average house price in Hiroshima as of 2026?
As of 2026, the estimated average residential property price in Hiroshima is about ¥30 million, which is roughly $187,000 or €162,000, based on mid June 2026 exchange rates.
This means the average residential price per square meter in Hiroshima in 2026 is about ¥350,000, or roughly $2,200 and €1,900 per square meter, after blending apartments, condos, houses, and small residential assets.
For a normal buyer, the realistic price range for about 80% of residential purchases in Hiroshima in 2026 is roughly ¥18 million to ¥50 million, or about $112,000 to $312,000 and €97,000 to €269,000.
How much have property prices increased in Hiroshima over the past 12 months?
Residential property prices in Hiroshima increased by about 3% over the past 12 months, with the official residential land-price survey showing a 2.7% rise for Hiroshima City in 2026.
That city-wide figure hides a big local gap, because central condos likely rose about 4% to 6%, station-side houses rose about 2% to 4%, and weaker outer detached houses were closer to flat.
The single biggest reason Hiroshima property prices rose in 2026 is that buyers are still competing for convenient central locations, especially around Naka-ku, Minami-ku, Hakushima, Hiroshima Station, and tram corridors.
Which neighborhoods have the fastest rising property prices in Hiroshima as of 2026?
As of 2026, the three fastest rising residential areas in Hiroshima are Nishihakushima and Hakushima, Hiroshima Station and Futabanosato, and Minami-ku areas around Inari-machi, Matoba-cho, and Danbara.
Nishihakushima and Hakushima are rising about 7% to 8% per year, Hiroshima Station and Futabanosato are closer to 5% to 7%, and Inari-machi, Matoba-cho, and Danbara are also around 5% to 7%.
The main reason these Hiroshima neighborhoods are rising faster is that buyers want central access, short commutes, tram or rail convenience, and good resale liquidity in a city where outer suburban demand is more fragile.
By the way, you will find much more detailed price ranges across neighborhoods in our property pack covering the real estate market in Hiroshima.
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Which property types are increasing faster in value in Hiroshima as of 2026?
As of 2026, the estimated ranking by appreciation in Hiroshima is condos first, apartments second, townhouses third, and villas last because resort-style villas are not a normal Hiroshima residential segment.
The top-performing property type in Hiroshima in 2026 is the central condo, with annual appreciation of about 5% to 7% for good buildings near rail, tram, shopping, hospitals, universities, or offices.
Central condos are outperforming because Hiroshima has limited prime condo sites, strong demand near Hiroshima Station and Naka-ku, and many buyers prefer easy city living over larger but less convenient detached houses.
Finally, if you’re interested in a specific property type, you will find our latest analyses here:
- How much should you pay for a house in Hiroshima?
- How much should you pay for an apartment in Hiroshima?
What is driving property prices up or down in Hiroshima as of 2026?
As of 2026, the three biggest forces moving Hiroshima property prices are central-city scarcity, Hiroshima Station and tram improvements, and higher construction costs for new homes.
The strongest upward pressure in Hiroshima is the shortage of convenient central homes, because many buyers want Naka-ku, Minami-ku, Hakushima, Yokogawa, Funairi, Ujina, or Hiroshima Station access.
If you want to understand these factors at a deeper level, you can read our latest property market analysis about Hiroshima here.
The forces holding prices back are also clear, because higher mortgage rates, aging outer districts, slope risk, and weak access can still make older detached houses hard to resell.
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What is the property price forecast for Hiroshima in 2026?
For the rest of 2026, Hiroshima property prices should keep rising, but the pace should be slower than in the strongest central pockets because mortgage costs are now less friendly for buyers.
How much are property prices expected to increase in Hiroshima in 2026?
As of 2026, residential property prices in Hiroshima are expected to increase by about 3.5% for the full year, with central condos doing better than the city average.
A realistic forecast range for Hiroshima property price growth in 2026 is about 2% to 5% city-wide, with the strongest central condo locations potentially reaching 5% to 7%.
The main assumption behind most Hiroshima property forecasts is that central demand remains firm while higher mortgage rates reduce, but do not stop, buyer competition for convenient locations.
We go deeper and try to understand how solid are these forecasts in our pack covering the property market in Hiroshima.
Which neighborhoods will see the highest price growth in Hiroshima in 2026?
As of 2026, the neighborhoods expected to see the highest growth in Hiroshima are Nishihakushima, Hakushima, Hiroshima Station, Futabanosato, Hikarimachi, Inari-machi, Matoba-cho, Danbara, Funairi, and Ujina.
These top Hiroshima neighborhoods should mostly see 4% to 7% price growth in 2026, with Nishihakushima and Hakushima still near the top because official land points are already rising fast.
The main catalyst is the same across these areas, because station access, tram access, central jobs, shopping, hospitals, and resale liquidity all matter more as buyers become more selective.
One emerging Hiroshima area that could surprise is Tokaichimachi and Dobashi, because it still offers central access at a lower entry price than the most expensive Naka-ku and Hakushima locations.
By the way, we’ve written a blog article detailing what are the current best areas to invest in property in Hiroshima.
What property types will appreciate the most in Hiroshima in 2026?
As of 2026, condos are expected to appreciate the most in Hiroshima, especially compact and family-sized resale condos in central or tram-connected areas.
The projected appreciation for good Hiroshima condos in 2026 is about 5% to 7%, while normal apartments and accessible detached houses should usually rise less.
The main demand trend behind condo appreciation in Hiroshima is the move toward walkable, low-maintenance homes near transport, shopping, offices, hospitals, universities, and central services.
The property type most likely to underperform in Hiroshima in 2026 is the older detached house in a sloped or car-dependent outer area, because resale demand is thinner there.
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How will interest rates affect property prices in Hiroshima in 2026?
As of 2026, higher interest rates should cool Hiroshima property prices slightly, but they are unlikely to stop growth in the best central and station-linked locations.
The current benchmark is the Bank of Japan policy rate near 1% in June 2026, and Japanese mortgage rates are expected to stay under upward pressure compared with the ultra-low-rate years.
A 1% rise in mortgage rates can reduce buying power by roughly 10% to 15% for many households, so the effect in Hiroshima is strongest on first-time buyers and outer-area houses.
You can also read our latest update about mortgage and interest rates in Japan.
What are the biggest risks for property prices in Hiroshima in 2026?
As of 2026, the three biggest risks for Hiroshima property prices are further mortgage-rate increases, weak demand in aging outer areas, and overpaying for new or redevelopment-linked homes.
The most likely risk in Hiroshima is not a city-wide crash, but weaker affordability, because higher borrowing costs can reduce what normal households can pay.
This risk matters most in older detached-house districts, hillside neighborhoods, and locations where buyers need a car for most daily needs.
We actually cover all these risks and their likelihoods in our pack about the real estate market in Hiroshima.
Is it a good time to buy a rental property in Hiroshima in 2026?
As of 2026, it can be a good time to buy a rental property in Hiroshima, but only if the property is a well-located resale condo or apartment with strong tenant demand.
The strongest reason to buy now is that central Hiroshima rental demand is supported by jobs, universities, hospitals, tourism, business travel, and people who want to live near tram or rail access.
The strongest reason to wait is that financing is more expensive, so a buyer who pays too much for a low-yield new condo may have little safety margin.
If you want to know our latest analysis (results may differ from what you just read), you can read our assessment on whether now is a good time to buy a property in Hiroshima.
You’ll also find a dedicated document about this specific question in our pack about real estate in Hiroshima.
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Where will property prices be in 5 years in Hiroshima?
What is the 5-year property price forecast for Hiroshima as of 2026?
As of 2026, Hiroshima residential property prices are expected to be about 12% to 18% higher in 2031 in nominal yen terms.
A conservative 5-year scenario for Hiroshima is about 8% cumulative growth, while an optimistic scenario for central condos and strong station areas is closer to 20% to 25%.
The projected average annual appreciation rate in Hiroshima over the next 5 years is roughly 2.5% to 3.5% city-wide, with better locations above that range.
The key assumption behind most 5-year Hiroshima property forecasts is that centralization continues, meaning buyers keep choosing walkable and transit-connected locations over less convenient outer areas.
Which areas in Hiroshima will have the best price growth over the next 5 years?
The top three Hiroshima areas for 5-year price growth are likely Hiroshima Station and Futabanosato, Nishihakushima and Hakushima, and the Inari-machi, Matoba-cho, and Danbara corridor.
These top Hiroshima areas could see roughly 18% to 25% cumulative price growth over 5 years, while the wider city average is more likely around 12% to 18%.
This is close to the short-term forecast, but the 5-year view gives more weight to infrastructure, walkability, and long-term resale depth rather than one year of price momentum.
The currently undervalued Hiroshima area with good 5-year upside is Tokaichimachi and Dobashi, because it offers central access without the same entry price as Hakushima or the station core.
What property type will give the best return in Hiroshima over 5 years as of 2026?
As of 2026, the property type expected to give the best total return in Hiroshima over 5 years is the well-managed resale condo in a central or tram-connected area.
A good Hiroshima resale condo could deliver about 15% to 22% capital growth plus rental income over 5 years, before taxes, fees, loan costs, and maintenance costs.
The structural trend helping this property type is simple, because Hiroshima households and tenants increasingly value smaller, easier, more central homes near transport and daily services.
The best balance of return and lower risk in Hiroshima is likely a 10 to 25-year-old condo with good building management, not the cheapest old unit or the flashiest new condo.
How will new infrastructure projects affect property prices in Hiroshima over 5 years?
The three major infrastructure changes most likely to affect Hiroshima property prices are the Hiroshima Station redevelopment, the Hiroden Ekimae Ohashi route, and wider station-to-city-center tram improvements.
In Hiroshima, well-located homes near completed transport improvements can often command a 5% to 10% premium over similar homes with weaker access, although the exact premium changes block by block.
The neighborhoods that should benefit most are Hiroshima Station, Futabanosato, Hikarimachi, Inari-machi, Matoba-cho, Danbara, Hatchobori, Kamiyacho, Senda-machi, Minami-machi, and Ujina.
How will population growth and other factors impact property values in Hiroshima in 5 years?
Hiroshima City is not expected to enjoy strong broad population growth over the next 5 years, so the effect on property values should be selective rather than city-wide.
The strongest demographic shift in Hiroshima is the move toward smaller households, older residents, and people who need easier access to transport, hospitals, shopping, and daily services.
Domestic migration should support central Hiroshima more than outer districts, while international demand should stay modest but helpful around universities, hospitals, business areas, and rental-friendly locations.
The property types and areas that should benefit most are central condos and apartments in Naka-ku, Minami-ku, Higashi-ku, Nishi-ku, Hakushima, Yokogawa, Hiroshima Station, Funairi, Ujina, and Danbara.
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 is the 10 year property price outlook in Hiroshima?
What is the 10-year property price prediction for Hiroshima as of 2026?
As of 2026, Hiroshima residential property prices are expected to be about 20% to 35% higher by 2036 in nominal yen terms.
A conservative 10-year scenario for Hiroshima is about 10% to 15% growth, while a strong central condo scenario could reach 35% to 50% if station-linked demand remains firm.
The projected average annual appreciation rate in Hiroshima over the next 10 years is roughly 2% to 3% city-wide, with central condos above average and weak outer houses below average.
The biggest uncertainty in a 10-year Hiroshima property forecast is the balance between interest-rate normalization and the long-term demand for central, walkable, transit-connected housing.
What long-term economic factors will shape property prices in Hiroshima?
The three long-term economic factors that will shape Hiroshima property prices are Hiroshima’s role as the Chugoku region hub, station and tram-centered redevelopment, and Japan’s shift away from ultra-low interest rates.
The most positive long-term factor for Hiroshima property values is urban concentration, because more buyers and tenants want convenient homes near jobs, hospitals, universities, shops, and transport.
The greatest structural risk is demographic weakness in outer areas, because aging, smaller households, slope issues, and car dependence can reduce demand for older detached houses.
You’ll also find a much more detailed analysis in our pack about real estate 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 use, 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 this source matters | How we used it |
|---|---|---|
| Hiroshima City 2026 official land-price trends | It is Hiroshima City’s own summary of the 2026 official land-price survey. | We used it as the main annual growth benchmark. We also used its ward data to identify stronger and weaker areas. |
| Hiroshima City 2026 standard land-price points | It gives exact official prices and yearly changes for local points. | We used it to name neighborhoods such as Nishihakushima, Hakushima, Funairi, and Ujina. We also used it to avoid relying only on broad averages. |
| MLIT Real Estate Information Library | It is Japan’s official land and real-estate information portal. | We used it to cross-check official land-price logic. We also used it to keep the Hiroshima analysis consistent with Japan’s official data system. |
| MLIT Residential Property Price Index | It tracks residential price movement using official methodology. | We used it to understand broader Japanese housing momentum. We also used it to make sure our Hiroshima forecast was not isolated from national trends. |
| Tokyo Kantei Hiroshima condo market report | Tokyo Kantei is a recognized private real-estate data firm in Japan. | We used it for new and used condo price-per-tsubo data. We also used it to understand why central resale condos are performing well. |
| Japan Housing Finance Agency Flat 35 rates | JHF publishes a key benchmark for long-term fixed mortgage rates. | We used it to assess buyer affordability in 2026. We also used it to estimate how financing pressure affects different buyer groups. |
| Bank of Japan monetary policy releases | The Bank of Japan is the primary source for Japanese policy-rate decisions. | We used it to frame the interest-rate environment. We also used it to explain why higher borrowing costs can slow price growth. |
| Hiroshima City Population Vision | It is Hiroshima City’s own demographic and population strategy page. | We used it to judge long-term housing demand. We also used it to separate central demand from weaker outer-area demand. |
| Hiroshima Electric Railway station route project | It is the official page for the Hiroshima Station tram improvement project. | We used it to assess transport-related value uplift. We also mapped the project to Hiroshima Station, Inari-machi, Matoba-cho, Danbara, Hatchobori, and Kamiyacho. |
| e-Stat housing starts | e-Stat is Japan’s official statistics portal. | We used it to cross-check housing supply conditions. We also considered supply pressure in our 2026 and 5-year forecasts. |
| Construction Research Institute BCCI | It is a recognized construction-cost index used in Japan. | We used it to understand replacement-cost pressure. We also used it to explain why new-build prices remain high. |
| LIFULL HOME’S Hiroshima resale condo price pages | It is a major Japanese property portal with broad listing coverage. | We used it only as a private listing-market cross-check. We did not treat it as stronger than official or Tokyo Kantei data. |
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