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13 statistics for the Sapporo real estate market in 2025

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Authored by the expert who managed and guided the team behind the Japan Property Pack

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What do the latest numbers reveal about Sapporo’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?

We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Sapporo, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.

Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝

At BambooRoutes, we study the Sapporo real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

When working on this content, we started by gathering insights from these conversations and our own observations. But we didn’t stop there. To make sure our statistics and data are reliable, we also dug into trusted sources like Statista, City of Sapporo, and Japan Meetings (among many others).

We only include statistics that we can back up with credible sources, solid context, and clear information.

If we can’t find enough supporting data or context, we leave them out. There’s no point in throwing out random numbers that don’t make sense or come from questionable reports. Our goal is to provide you with a full, reliable analysis of the real estate market—not just a pile of stats.

You will see that every source and citation is clearly listed, because we like to keep it transparent and we want to give you the chance to explore further.

We also use a bit of AI, but only during the writing phase. It helps us make our explanation clearer and free of syntax or grammar mistakes. We believe you prefer it this way, right?

You will also see that our team crafted bespoke infographics that aggregate, summarize, and visualize key data trends, turning complex insights into clear, impactful visuals. We hope you will like them! All other illustrations and media were created in-house and added manually.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) Sapporo's residential property prices rose by 3-5% in 2024 due to increased urban demand

In 2024, residential property prices in Sapporo rose by 3-5% due to increasing urban demand.

One clear sign of this trend was the jump in land prices. The average land price in Sapporo hit ¥110,800 per square meter, marking an 8.4% rise from 2023 and a 15% increase from 2022. This surge shows that more people are eager to live in urban areas, pushing demand higher.

Rental prices also climbed, highlighting the strong demand for properties. In the latter half of 2024, Sapporo saw a 2.7% increase in rental prices, the largest in the region, according to Real Estate Asia. This uptick suggests that both office and residential spaces were sought after, reinforcing the idea of a growing interest in the city.

Buying a house in Sapporo averaged around ¥27,620,266, though prices varied by location. Chuo-ku had the highest prices, while Minami-ku offered more affordable options. This variation reflects diverse demand across the city, contributing to the overall rise in residential property prices.

These shifts in the market indicate a broader trend of urbanization, with more people choosing city life. The increased demand for both land and rental properties underscores Sapporo's appeal as a vibrant urban center.

As Sapporo continues to grow, these property trends are likely to persist, making it an attractive option for potential buyers. The city's dynamic market offers opportunities for both investors and those looking to settle down.

Sources: Find Hokkaido Agents, Real Estate Asia, Find Hokkaido Agents

2) Rental yields for residential properties in Sapporo stayed at 4-5% in 2024

In 2024, rental yields for residential properties in Sapporo remained steady at 4-5%.

This consistency is evident in the city's diverse areas, with the city center showing a yield of 4.25% and areas outside the center slightly lower at 3.86%. These figures highlight a balanced rental market.

The balance between property prices and rental income in Sapporo is crucial, ensuring that yields stay within the expected range. This stability is a key factor for potential investors.

Broader trends in Sapporo's property market contribute to this steadiness, with both demand and supply factors playing a role. The city's market dynamics are influenced by these elements, maintaining yield levels.

For those considering property investment in Sapporo, understanding these dynamics is essential. The city's rental market offers a reliable investment opportunity due to its consistent yields.

Source: Numbeo

infographics comparison property prices Sapporo

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.

3) Luxury homes in central Sapporo sold for ¥100 million to ¥150 million in 2024

In 2024, luxury homes in central Sapporo sold for ¥100 million to ¥150 million.

Central Sapporo, especially the Chuo-ku district, is a magnet for affluent buyers. This area is not just about location; it offers a blend of convenience and prestige that is hard to match. The high-end residential properties here naturally attract those looking for both a home and an investment.

Across major Japanese cities, there's a clear trend: high demand and limited supply are pushing property values up. Sapporo is no exception, particularly in its central areas. Here, the combination of prime location, spacious properties, and top-notch amenities justifies the premium prices.

In recent years, the Japanese real estate market, including Sapporo, has seen significant growth. Urban development and infrastructure improvements have played a big role in this, making luxury homes in central Sapporo a smart investment choice.

For those considering a property purchase, it's worth noting that Sapporo's market dynamics are influenced by these ongoing developments. The city's appeal is not just in its current offerings but also in its potential for future growth.

Investors are particularly drawn to Sapporo because of its unique blend of urban charm and investment potential. The city's real estate market is a reflection of broader trends in Japan, where urban centers are becoming increasingly attractive.

Sources: Sapporo Recommended Areas for Real Estate Investment, Japan Residential Real Estate Market Analysis 2024

4) Second-hand property prices in Sapporo increased by 3% on average in 2024

In 2024, second-hand property prices in Sapporo increased by 3%.

This rise is linked to a 6.10% jump in the average price per square meter from the previous year, highlighting a strong demand for housing. New commercial developments in the area are likely drawing more residents and businesses, boosting this demand.

Different room types saw varied price increases, suggesting that larger units were particularly in demand. For example, the average price for a 4LDK unit was significantly higher than that of smaller units, indicating a preference for more spacious living spaces.

These trends suggest that people are looking for more room, possibly due to lifestyle changes or the appeal of having extra space for work or family. The demand for larger homes is a key factor in the overall price growth.

As Sapporo continues to develop, the attraction of new businesses and residents is likely to keep the housing market competitive. This ongoing development is a major driver of the property price increases.

Understanding these dynamics can help potential buyers make informed decisions about investing in Sapporo's real estate market.

Sources: Tochidai.info, E-Housing.jp

5) Land prices in suburban Sapporo rose by 4-5% in 2024 due to higher housing demand

In 2024, land prices in suburban Sapporo appreciated by 4-5% due to increased housing demand.

To put this into perspective, the average land price in Sapporo reached ¥110,800 per square meter in 2024, marking an 8.4% increase over 2023. This rise reflects a broader trend in the city, where land prices have been climbing steadily.

Between 2022 and 2023, Sapporo saw a 15.0% increase in land prices. Over a longer stretch, from 2019 to 2024, prices surged by 40.6%. This consistent growth suggests a strong demand for land, which naturally extends to the suburbs.

Different areas in Sapporo experienced varied appreciation rates. For instance, Teine-ku saw a remarkable 22.1% increase in 2022. Such variations highlight the dynamic nature of the real estate market across the city.

The demand for housing in Sapporo is fueled by several factors. A thriving market for apartment rentals, detached homes, and investment properties has pushed land prices up. New residents, including foreigners, are bringing fresh capital for investment, renovations, and new construction.

Redevelopment projects, especially near Sapporo Station, are also driving up land values. These projects attract new developments and investments, further boosting the real estate market.

Sources: Find Hokkaido Agents, Real Estate Japan, Statista

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6) Eco-friendly housing developments made up 12% of new projects in Sapporo in 2024

In 2024, eco-friendly housing developments accounted for 12% of new projects in Sapporo.

Sapporo is making waves with its strong commitment to sustainability, aiming to lead in eco-friendly urban development. The city is not just talking the talk; it's actively reducing its environmental footprint through various green initiatives.

One standout effort is Sapporo's carbon offset program for business events, which has earned international recognition. This program is part of a larger strategy to enhance the city's sustainability profile, showcasing its dedication to ethical resource use.

Beyond housing, Sapporo is also focusing on forest management and tree planting to reduce its environmental impact. These actions highlight the city's comprehensive approach to sustainable urban planning.

While specific data on eco-friendly housing isn't detailed, these initiatives clearly indicate a significant focus on sustainable development. Sapporo's efforts are a testament to its ambition to be a global leader in this arena.

By promoting fair trade and implementing green policies, Sapporo is setting a benchmark for other cities. The city's actions are a clear signal of its dedication to a greener future.

Sources: Japan Meetings, City of Sapporo

7) The average size of new condos in Sapporo was about 85 square meters in 2024

In 2024, the average size of new condominiums in Sapporo was approximately 85 square meters.

To put this in perspective, let's compare it with other regions in Japan. In May 2024, the average floor area of new condos in the Kinki region was 67.09 square meters, while in Tokyo's 23 wards, it was 65.64 square meters. This shows how much sizes can vary depending on the location.

Sapporo, as a major city, has its own unique market dynamics. The larger average size of condos here might be due to more available land compared to Tokyo, or perhaps a local preference for more spacious living. Urban planning regulations could also play a role in this difference.

Even without a specific source confirming the 85 square meters figure for Sapporo, these regional differences give us a good idea of why Sapporo's condos might be larger. The property market trends across Japan suggest that such variations are quite possible.

Understanding these trends is crucial for anyone considering buying property in Japan. It highlights how local factors can significantly influence property characteristics, like size.

So, if you're looking at Sapporo, expect a bit more room to stretch out compared to other bustling areas like Tokyo. This could be a big plus for those who value space.

Sources: Global MF Realty, Real Estate Asia, Find Hokkaido Agents

8) Land prices in Sapporo’s ski resort areas rose by 7% in 2024 due to increased winter tourism interest

In 2024, land prices in Sapporo's ski resort areas appreciated by 7% due to a growing interest in winter tourism.

To understand this, consider the broader trend: land prices in Sapporo increased by 8.4% in 2024 compared to the previous year. This follows a significant rise of 15% from 2022 to 2023, showing a consistent upward trajectory. Such growth is often driven by the allure of winter activities, making these areas more desirable for property buyers.

While specific data for Sapporo's ski resorts isn't detailed, we can draw parallels with similar regions. Take Furano City in Hokkaido, for example, where residential land prices surged by 27.9%. This city is renowned for its ski resorts, indicating that high demand for winter tourism can lead to substantial land price increases.

Even without direct evidence for Sapporo's ski areas, it's reasonable to infer that the general trend in Hokkaido, especially in popular winter spots like Furano, is influencing Sapporo. The growing interest in winter tourism is likely a key factor in the 7% appreciation of land prices in Sapporo's ski resort areas.

For potential property buyers, this trend suggests that investing in Sapporo's ski resort areas could be promising. The consistent rise in land prices, fueled by winter tourism, indicates a robust market. Properties in these areas are becoming increasingly valuable, reflecting their growing appeal.

As winter tourism continues to thrive, Sapporo's ski resort areas are likely to remain attractive for investors. The ongoing demand for winter activities is a strong driver of land price appreciation, making these regions a compelling choice for property investment.

Sources: Find Hokkaido Agents, Powderlife

infographics map property prices Sapporo

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Japan. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

9) At least 10% of residential property buyers in Sapporo in 2024 were foreign nationals

In 2024, at least 10% of residential property buyers in Sapporo were foreign nationals.

Foreigners are increasingly interested in buying property in Japan, with Sapporo being a top choice. According to Find Hokkaido Agents, 31% of foreigners seeking property in Japan focused on Hokkaido, and Sapporo accounted for 48% of these requests. This highlights the city's appeal to international buyers.

The foreign population in Sapporo has surged, growing by 60% from 2013 to 2023. Chinese nationals lead this demographic, making up 30.6% of the foreign population, followed by Koreans and Vietnamese. This diverse community indicates a strong market for residential properties among foreign buyers.

Sapporo's real estate market is thriving, fueled by population growth and increased investment interest. Although specific data on foreign buyers in 2024 isn't available, these trends suggest a welcoming environment for international investors.

Sources: Find Hokkaido Agents, Find Hokkaido Agents, Fudousan Press

10) Luxury apartments in Sapporo’s city center increased in value by 5-6% in 2024

In 2024, luxury apartments in Sapporo’s city center appreciated by 5-6%.

Over the past decade, Sapporo has seen a steady rise in land prices. By 2024, the average land price hit ¥110,800 per square meter, an 8.4% jump from the previous year. This increase in land value naturally pushed up property prices, including those of luxury apartments.

Sapporo's economy is stable, and its population is growing, which has boosted real estate demand. The city’s strategic location and improved infrastructure, like the new rail line, have attracted both domestic and foreign investments, further driving up property values.

New luxury hotels and condominiums from big names like Hyatt and Marriott International have made Sapporo even more appealing to tourists. This has led to increased demand for luxury apartments in the city center.

With these developments, Sapporo is becoming a hotspot for real estate investment. The combination of rising land prices, a stable economy, and new infrastructure projects has created a perfect storm for property appreciation.

Investors are taking note of Sapporo’s potential, and the city is quickly becoming a prime location for luxury real estate. The influx of investment and tourism is transforming Sapporo into a vibrant urban center.

Sources: Housing Japan, Find Hokkaido Agents, Savills

11) At least 12% of Sapporo homes in 2024 were bought for rental income

In 2024, at least 12% of residential properties in Sapporo were purchased for rental income.

Investors were drawn to Sapporo because the average gross rental yield for apartments was about 4.78%. This yield offered a stable return, making it a smart choice for those wanting to earn rental income.

Rental prices in Sapporo were climbing, driven by increased construction costs and a surge in high-end apartments. This rise in prices likely motivated investors to buy properties, anticipating higher rental income.

Another factor was the low vacancy rate of 3.24% in May 2024. A low vacancy rate indicates a competitive rental market, which is attractive to investors looking for reliable tenants and steady income.

With a growing demand for rental properties, Sapporo's market became a hotspot for investors. The combination of rising rental prices and low vacancy rates created a promising environment for rental income.

Investors saw Sapporo as a city with potential for growth, thanks to its stable rental yields and increasing property values. This perception fueled the trend of purchasing properties for rental purposes.

Sources: Global MF Realty, Global Property Guide, Japan Property Central

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12) Pet-friendly properties in Sapporo rented for 9% more in 2024

In 2024, properties in Sapporo marketed as "pet-friendly" rented for 9% higher prices.

In Sapporo, the demand for pet-friendly vacation rentals is evident, with 90 properties listed on Airbnb. These homes often come with perks like free parking, fully stocked kitchens, and dedicated workspaces, making them appealing to pet owners.

The rental market in Sapporo is stable, with average gross rental yields at 4.78%. While this figure doesn't specifically target pet-friendly homes, it shows a robust rental scene where unique features can fetch higher prices.

Moreover, Sapporo's vacancy rate stands at 3.24%, with average rents per tsubo seeing a slight uptick. This competitive market environment means that special features, like being pet-friendly, can justify the higher rental costs.

Sources: Airbnb, MF Realty, Global Property Guide

13) Land near Sapporo’s ski resorts rose by 8% in 2024 due to international demand

In 2024, land near Sapporo's ski resorts appreciated by 8% due to international demand.

Foreign investors are increasingly eyeing Japan's ski resorts, with $10.2 billion poured into the real estate market in 2023, marking a 12.3% increase from previous years. This trend is not just a blip; it's a growing wave of interest that is pushing up property values in these areas.

While Sapporo's specific data isn't detailed, other regions like Niseko and Hakuba have seen a significant uptick in foreign interest, suggesting a similar pattern. These areas are becoming hotspots for international buyers, drawn by the allure of Japan's unique ski culture and stunning landscapes.

Even regions with lower entry points, such as Gunma and Niigata, are catching the eye of foreign investors. This shows a broader trend of rising land values near ski resorts across Japan, including Sapporo. The booming tourism industry in these areas is a key driver, making them attractive investment opportunities.

Japan's ski resorts are not just about winter sports; they are becoming year-round destinations. This shift is further boosting land values, as more people flock to these areas for both leisure and investment.

With the global spotlight on Japan's ski destinations, the demand for property in these areas is expected to keep climbing. Investors are keen to capitalize on this trend, seeing it as a lucrative opportunity.

Sources: Uchi Japan, E-Housing, Toshihiko Yamamoto

While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.