What is the average price of a house in Osaka?

We take a mid-year look at the average listing price of a resale house in Osaka by ward.

What is the average price of a house in Osaka?

The city-wide average listing price of a 100-sqm resale house in Osaka is ¥28,500,000 ($268,000), based on data for June to August 2020.

As is true anywhere in the world a host of factors affect market prices. In Japan, some of the main determinants in resale home prices include year built, whether the property has been renovated, construction material, size, layout, lot size and location (proximity to the city center and to the nearest public transportation), as well as proximity to shopping, dining, and public services and schools, as well as many other factors.

Average listing price by ward

Click the links below to see current listings.

Average Listing Price of Resale House in Osaka by Ward
Based on prices of listed properties in the last three months (June to August 2020)
Source: HOMES
Ward Average Listing Price in JPY
Abeno 31,740,000
Asahi 28,880,000
Chuo 57,790,000
Fukushima 27,420,000
Higashi Sumiyoshi 29,570,000
Higashinari 22,600,000
Higashiyodogawa 25,330,000
Hirano 20,720,000
Ikuno 18,666,000
Joto 25,450,000
Kita 43,890,000
Konohana 18,860,000
Minato 24,700,000
Miyakojima 26,990,000
Naniwa 36,940,000
Nishi 47,310,000
Nishinari 19,370,000
Nishiyodogawa 25,440,000
Suminoe 21,460,000
Sumiyoshi 24,120,000
Taisho 19,140,000
Tennoji Insufficient Data
Tsurumi 30,400,000
Yodogawa 29,020,000
Average 28,513,304

Property for sale in Osaka

See properties currently on the market, please visit our listing pages: Property for sale in Osaka

Below is our featured property for Osaka.

Renovated house for sale in Hirano Ward

List price: ¥22,800,000 ($214,000)

Location and Highlights

8-min walk from Hirano station on the subway Tanimachi line. Five-minute direct ride to Tennoji, one of Osaka’s main commercial and shopping hubs, with many family-friendly green spaces centered on Shitennoji (Temple). Abeno Harukas, located in Tennoji, is the tallest building in Japan and home to an observation deck, the Osaka Marriott Miyako hotel, and the Harukas Kintetsu department store.

The property on offer is a fully renovated, spacious 106.41 m² 3LDK 3-story house with a parking space, huge balcony, and two toilets.

Please click on the photos to see the full listing and to inquire directly to the agent.

FAQs About Buying Property in Japan

Can a foreigner buy property in Japan?

Yes. You can buy property in Japan regardless of your nationality or country of origin. There are also no residency requirements for buying real estate in Japan. Securing financing as a resident foreigner is more complicated. For info on financing, please see “Basic Requirements for Getting a Mortgage as a Foreigner in Japan“.

How do I get a property loan as a foreigner in Japan?

Please see this article for information on: Getting a property loan as a foreigner in Japan

What is the process for buying a property in Japan?

Please see our step-by-step guide: Guide to Buying Property in Japan

See how much you can borrow and your monthly payments in yen: Yen Mortgage Loan Calculator

For information about purchase and brokerage fees: Breakdown of real estate purchase fees and taxes in Japan

Need to know: Earthquake building codes and technology in Japan

Bilingual Real Estate Agent in Tokyo Answers Your FAQs on Buying and Managing an Investment Property

How much is my property worth?

Real Estate Japan is pleased to offer free, no obligation appraisals for owners of property in Japan. Please click here and fill out the form: How much is my property worth?

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Seminars on Buying Property in Japan

Please see our seminar page for a current list of seminars on: how to buy a home in Japaninvesting in Japanese real estate for beginnershow to apply for permanent residency in Japanhow to sell property in Japan, and much more.

Lead photo:  Backstreet alleyway of bars and restaurants in the Dotonbori district of Osaka. Image via iStock

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