Property prices in Kobe
Ward-weighted average sale prices in Kobe, Hyogo from real transactions (2023Q2–2026Q1): homes, apartments, and land, plus the for-sale market as of Aug 2026.
- Avg home price
- ¥27.1M
- Home ¥/m²
- ¥235K/m²
- For sale (Aug 2026)
- 7,348
These city-wide figures average the medians of all 9 wards, weighted by transaction count. The measured per-ward figures are in the table below.
Prices by property type
| Type | Avg sold price | ¥/m² (25–75% range) | 3y change | Avg asking price | Listed (Aug 2026) |
|---|---|---|---|---|---|
| Homes | ¥27.1M | ¥235K/m² | — | — | 2,778 |
| Apartments | ¥21.5M | ¥508K/m² | — | — | 3,541 |
| Land | ¥28.3M | ¥190K/m² | — | — | 1,029 |
Only segments with at least 5 transactions are shown. Apartment ¥/m² is a sold figure from the transaction records; there is no asking ¥/m² for apartments, because listings carry no unit area.
Official land prices in Hyogo: the 2026 prefectural land price survey
- Residential land
- +1.4%
- prior year +1.5%
- Commercial land
- +3.2%
- prior year +3.4%
Year-on-year change at the 1 July 2026 valuation
The prefecture-wide rates from the 2026 prefectural land price survey, published by Japan's Ministry of Land, Infrastructure, Transport and Tourism on 2026-09-15. Official land prices are appraised values per square metre set by each prefectural governor as of 1 July, which is a different measure from the prices Kobe properties actually sold for in the table above. The survey covers 21,466 points nationwide.
These rates are for Hyogo as a whole. For what individual properties sold for city by city, see the table above.
Source: Ministry of Land, Infrastructure, Transport and Tourism, Summary of the 2026 Prefectural Land Price Survey (PDF)
Research Kobe properties in depth
Lot boundaries, official land prices, individual transactions, hazard maps, school districts, and demographics: all in one research map, free to start.
How much does a house cost in Kobe?
The ward-weighted average sold price for a house (land + building) in Kobe is ¥27.1M (¥235K/m²), based on real transactions from 2023Q2–2026Q1. Kobe is a designated city and MLIT publishes its transaction data per ward, so this figure averages the ward medians, weighted by transaction count, rather than being a median recalculated across the whole city.
How much does land cost in Kobe?
The ward-weighted average price of residential land in Kobe is ¥190K/m², with a ward-weighted average lot price of ¥28.3M (2023Q2–2026Q1).
Disaster risk in Kobe
Whether a particular lot sits inside a designated flood or landslide hazard area varies parcel by parcel, not city by city. The links below are the official hazard maps Kobe publishes.
- Flood (洪水)www.city.kobe.lg.jp
- Inland flooding (内水)www.city.kobe.lg.jp
- Tsunami (津波)www.city.kobe.lg.jp
- Storm surge (高潮)www.city.kobe.lg.jp
- Landslide (土砂災害)www.city.kobe.lg.jp
- Reservoir failure (ため池)www.hazardmap.pref.hyogo.jp
Open MLIT's national hazard map overlayOpens centred on Kobe. Pick a disaster type to overlay the designated areas on the map.
Source: Each municipality's own official hazard maps, as indexed by MLIT's Hazard Map Portal. Every link points at the municipality's own website. disaportal.gsi.go.jp
Prices by ward in Kobe
Kobe is a designated city (政令指定都市), and MLIT publishes its transaction data separately for each of its 9 wards. The city-wide figures above average the medians of the wards that report each property type, weighted by how many transactions each one recorded: an average of medians, not a median recalculated across the whole city. Not every ward reports every property type, so the number of wards behind each figure varies, and is given below. Every per-ward figure in the table is measured. Three-year change is shown per ward only: each ward moved off its own prior-period base, so those changes cannot be summed into a single city-wide figure.
Wards behind each figure: Homes 9 of 9, Apartments 9 of 9, Land 9 of 9.
Median house prices per square metre range from ¥115K/m² to ¥431K/m² depending on the ward.
| Ward | House ¥/m² (median) | 3-year change | Transactions |
|---|---|---|---|
| Higashinada Ward, Kobe | ¥431K/m² | +5.4% | 306 |
| Nada Ward, Kobe | ¥365K/m² | -8.6% | 276 |
| Hyogo Ward, Kobe | ¥220K/m² | +16.3% | 252 |
| Nagata Ward, Kobe | ¥115K/m² | -22.1% | 296 |
| Suma Ward, Kobe | ¥238K/m² | -10.6% | 357 |
| Tarumi Ward, Kobe | ¥224K/m² | +6.9% | 545 |
| Kita Ward, Kobe | ¥133K/m² | -20.0% | 607 |
| Chuo Ward, Kobe | ¥378K/m² | +18.1% | 173 |
| Nishi Ward, Kobe | ¥200K/m² | -14.5% | 377 |
Nearby municipalities
Homes for sale in Hyogo and national price data
This page reports what property actually sold for in Kobe. For homes currently on the market, and for price statistics covering the whole country, follow the links below.
- Houses and land for sale in Hyogo under ¥5,000,000: 4,028 listingsActive listings, cheapest first. Asking prices, not sold prices.
- Japan property price indexThe ministry index tracking residential and commercial property prices.
- Prefectural land price surveyThe latest benchmark land prices, published every September.
- Average house price in JapanNational average prices for houses and condominiums.
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About this data
Source: MLIT (Japan's Ministry of Land, Infrastructure, Transport and Tourism) real estate transaction records, 2023Q2–2026Q1. Only segments with at least 5 transactions are shown. The for-sale counts are a snapshot of the listings tracked and deduplicated by Japan Property Research, counted on Aug 6, 2026, not a live total.