Kobe City: property prices and land values

神戸市

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price

¥184K/m²

≈ $109/sq ft · 384 sites

Avg. commercial land price

¥873K/m²

≈ $516/sq ft · 101 sites

1-year change

+3.6%

Residential +2.9% · commercial +6.1%

5 years / 10 years

+14.2% / +19.6%

Same sites, chained

Pre-owned condos per m²

¥383K/m²

70 m² ≈ ¥26.8M · 6251 sales

Pre-owned houses (median)

¥28.0M

≈ $178K · 4212 sales

Real Estate Zukan Index

No data

Total real estate value Estimate

¥17.1 trillion

≈ $108.7B · land ¥12.5 trillion + buildings ¥4.6 trillion

#9 of 1719 municipalities

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

ResidentialCommercialResidential forecast

Avg. residential land price	Now	1 year	3 years	5 years	10 years
Forecast Forecast +2.2% a year	¥184K/m²	¥188K/m²	¥197K/m²	¥206K/m²	¥230K/m²

Forecasts are projections, not guarantees. 10-year range: ¥189K/m²–¥272K/m²

Total real estate value of Kobe City land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)

¥17.1 trillion

≈ $108.7B · 1.2% of Japan

Land (market estimate)

¥12.5 trillion

residential land ¥12.2 trillion

Buildings (assessed)

¥4.6 trillion

408,940 buildings · 95.2 km² floor area

Assessed value (fixed-asset tax)

¥13.4 trillion

land ¥8.8 trillion · buildings ¥4.6 trillion

Item	Assessed value	Market estimate	Area	Per m² (market estimate)
Residential land	¥8.6 trillion	¥12.2 trillion	101.5 km²	¥120K/m²
Other land farmland, forest, other	¥274.7 billion	¥274.7 billion	168.1 km²	—
Buildings wooden ¥731.6 billion · non-wooden ¥3.9 trillion	¥4.6 trillion	¥4.6 trillion	95.2 km² floor	—
Total	¥13.4 trillion	¥17.1 trillion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Kobe City compared with larger areas

Area	Avg. residential	≈ USD/sq ft	Kobe City is	1 year	5 years	Condos per m²	Index
Kobe City	¥184K/m²	$109/sq ft		+3.6%	+14.2%	¥383K/m²	—
Hyogo	¥138K/m²	$82/sq ft	1.3x	+2.2%	+7.9%	¥343K/m²	81
Japan	¥120K/m²	$71/sq ft	1.5x	+2.1%	+8.0%	¥493K/m²	—

Wards 9 · click a heading to sort

Area	Avg. residential	Avg. commercial	1 year	5 years	Condos per m²	Sales
Higashinada Ward, Kobe City 東灘区	¥375K/m²	¥600K/m²	+5.0%	+22.1%	¥400K/m²	1,773
Nada Ward, Kobe City 灘区	¥353K/m²	¥564K/m²	+4.9%	+22.0%	¥450K/m²	1,011
Hyogo Ward, Kobe City 兵庫区	¥211K/m²	¥389K/m²	+3.5%	+14.5%	¥472K/m²	872
Nagata Ward, Kobe City 長田区	¥146K/m²	¥299K/m²	+2.6%	+8.3%	¥333K/m²	638
Suma Ward, Kobe City 須磨区	¥154K/m²	¥345K/m²	+2.9%	+11.7%	¥188K/m²	1,101
Tarumi Ward, Kobe City 垂水区	¥134K/m²	¥231K/m²	+2.1%	+8.8%	¥192K/m²	1,460
Kita Ward, Kobe City 北区	¥58K/m²	¥158K/m²	+2.4%	+8.6%	¥111K/m²	1,363
Chuo Ward, Kobe City 中央区	¥386K/m²	¥1.67M/m²	+6.5%	+21.1%	¥700K/m²	1,727
Nishi Ward, Kobe City 西区	¥83K/m²	¥168K/m²	+3.2%	+13.8%	¥253K/m²	1,232

Official land price survey sites highest first · 60 sites

Location	Use	Price per m²	≈ USD/sq ft	1 year	Station
兵庫県　神戸市中央区三宮町１丁目７番６外 Prefectural Survey 2026	Commercial	¥8.45M/m²	$4,992/sq ft	+10.5%	中高層の店舗ビル等が建ち並ぶ中心的商業地域
兵庫県　神戸市中央区三宮町１丁目７番６外 Land Price Publication 2026	Commercial	¥8.00M/m²	$4,726/sq ft	+9.6%	三ノ宮 170 m
兵庫県　神戸市中央区磯上通８丁目３２９番 Land Price Publication 2026	Commercial	¥4.59M/m²	$2,712/sq ft	+11.4%	三ノ宮 340 m
兵庫県　神戸市中央区明石町４７番 Land Price Publication 2026	Commercial	¥4.29M/m²	$2,535/sq ft	+8.9%	元町 400 m
兵庫県　神戸市中央区元町通１丁目１１番２０ Prefectural Survey 2026	Commercial	¥3.70M/m²	$2,186/sq ft	+11.1%	中高層店舗ビル等が建ち並ぶ駅前の商業地域
兵庫県　神戸市中央区京町７９番 Prefectural Survey 2026	Commercial	¥3.15M/m²	$1,861/sq ft	+6.4%	中高層の事務所ビル等が建ち並ぶ商業地域
兵庫県　神戸市中央区八幡通４丁目３３３番外 Prefectural Survey 2026	Commercial	¥3.05M/m²	$1,802/sq ft	+8.9%	中高層の事務所ビルが多い幹線道路沿いの商業地域
兵庫県　神戸市中央区京町７９番 Land Price Publication 2026	Commercial	¥3.05M/m²	$1,802/sq ft	+5.9%	三ノ宮 650 m
兵庫県　神戸市中央区加納町３丁目１番３４外 Prefectural Survey 2026	Commercial	¥2.45M/m²	$1,447/sq ft	+7.5%	中高層の店舗併用マンション等が建ち並ぶ商業地域
兵庫県　神戸市中央区栄町通１丁目１番１３外 Prefectural Survey 2026	Commercial	¥1.84M/m²	$1,087/sq ft	+9.5%	中高層の事務所ビルが建ち並ぶ商業地域
兵庫県　神戸市中央区北長狭通３丁目１番１８外 Prefectural Survey 2026	Commercial	¥1.61M/m²	$951/sq ft	+9.5%	中高層の店舗、事務所ビル等が建ち並ぶ商業地域
兵庫県　神戸市中央区北長狭通３丁目１番１８外 Land Price Publication 2026	Commercial	¥1.54M/m²	$910/sq ft	+10.0%	元町 250 m
兵庫県　神戸市中央区中山手通１丁目４番１６ Land Price Publication 2026	Commercial	¥1.38M/m²	$815/sq ft	+8.7%	三ノ宮 350 m
兵庫県　神戸市中央区元町通３丁目９番４ Land Price Publication 2026	Commercial	¥1.24M/m²	$733/sq ft	+6.9%	元町 180 m
兵庫県　神戸市中央区中山手通２丁目１番２１外 Land Price Publication 2026	Commercial	¥1.18M/m²	$697/sq ft	+7.3%	三ノ宮 550 m
兵庫県　神戸市中央区下山手通５丁目１２番１１ Land Price Publication 2026	Commercial	¥1.13M/m²	$668/sq ft	+7.6%	県庁前 110 m
兵庫県　神戸市中央区下山手通３丁目６番７外 Land Price Publication 2026	Commercial	¥1.07M/m²	$632/sq ft	+8.1%	元町 250 m
兵庫県　神戸市中央区加納町４丁目８番１８外 Land Price Publication 2026	Commercial	¥1.06M/m²	$626/sq ft	+8.3%	三ノ宮 450 m
兵庫県　神戸市中央区八幡通３丁目３０８番 Land Price Publication 2026	Commercial	¥1.01M/m²	$597/sq ft	+9.0%	三ノ宮 580 m
兵庫県　神戸市中央区御幸通５丁目３１６番 Land Price Publication 2026	Commercial	¥995K/m²	$588/sq ft	+9.0%	三ノ宮 470 m
兵庫県　神戸市中央区多聞通３丁目３番１８ Prefectural Survey 2026	Commercial	¥918K/m²	$542/sq ft	+8.0%	中高層の店舗、事務所ビルが多い駅前商業地域
兵庫県　神戸市東灘区岡本１丁目６４番３ Land Price Publication 2026	Commercial	¥873K/m²	$516/sq ft	+5.4%	岡本 150 m
兵庫県　神戸市灘区森後町２丁目２番２外 Land Price Publication 2026	Commercial	¥796K/m²	$470/sq ft	+5.9%	六甲道 300 m
兵庫県　神戸市中央区元町通６丁目１番８ Land Price Publication 2026	Commercial	¥768K/m²	$454/sq ft	+5.1%	西元町 200 m
兵庫県　神戸市東灘区田中町１丁目３４番３ Prefectural Survey 2026	Commercial	¥730K/m²	$431/sq ft	+7.4%	店舗、事務所、マンション等が混在する駅近くの商業地域
兵庫県　神戸市中央区花隈町３３番６外 Prefectural Survey 2026	Commercial	¥728K/m²	$430/sq ft	+5.1%	中高層の店舗、事務所、マンション等が連たんする商業地域
兵庫県　神戸市東灘区住吉宮町４丁目２３番 Prefectural Survey 2026	Commercial	¥723K/m²	$427/sq ft	+9.5%	中高層の店舗、マンションが建ち並ぶ商業地域
兵庫県　神戸市東灘区御影郡家２丁目３０５番６ Prefectural Survey 2026	Residential	¥720K/m²	$425/sq ft	±0.0%	一般住宅、マンション等が多い閑静な住宅地域
兵庫県　神戸市東灘区御影郡家２丁目３０５番６ Land Price Publication 2026	Residential	¥695K/m²	$411/sq ft	+7.8%	阪急御影 330 m
兵庫県　神戸市中央区山本通１丁目６番１７ Land Price Publication 2026	Residential	¥664K/m²	$392/sq ft	+5.9%	三ノ宮 800 m
兵庫県　神戸市中央区下山手通２丁目１２番２９外 Land Price Publication 2026	Commercial	¥663K/m²	$392/sq ft	+6.6%	三ノ宮 630 m
兵庫県　神戸市東灘区岡本２丁目１８番１ Land Price Publication 2026	Residential	¥651K/m²	$385/sq ft	+4.2%	岡本 380 m
兵庫県　神戸市灘区友田町２丁目７番２３ Prefectural Survey 2026	Commercial	¥650K/m²	$384/sq ft	+9.8%	店舗併用住宅が多い国道沿いの商業地域
兵庫県　神戸市兵庫区水木通１丁目４番３７ Land Price Publication 2026	Commercial	¥640K/m²	$378/sq ft	+7.2%	新開地
兵庫県　神戸市東灘区甲南町３丁目３２０番４ Land Price Publication 2026	Commercial	¥634K/m²	$375/sq ft	+8.4%	摂津本山 700 m
兵庫県　神戸市中央区海岸通１丁目２番２４ Land Price Publication 2026	Commercial	¥631K/m²	$373/sq ft	+5.0%	元町 430 m
兵庫県　神戸市東灘区岡本９丁目１３番６ Prefectural Survey 2026	Residential	¥625K/m²	$369/sq ft	+4.2%	中規模の一般住宅が多い住宅地域
兵庫県　神戸市東灘区御影本町４丁目６５４番 Land Price Publication 2026	Commercial	¥623K/m²	$368/sq ft	+7.4%	阪神御影 90 m
兵庫県　神戸市東灘区住吉本町１丁目３２３番５外 Land Price Publication 2026	Commercial	¥621K/m²	$367/sq ft	+6.3%	住吉 240 m
兵庫県　神戸市東灘区御影中町３丁目９９３番１ Prefectural Survey 2026	Commercial	¥619K/m²	$366/sq ft	+7.7%	中小規模の中層店舗、雑居ビル等が多い駅至近の近隣商業地域
兵庫県　神戸市中央区熊内町７丁目４番４外 Land Price Publication 2026	Commercial	¥608K/m²	$359/sq ft	+4.5%	地下鉄新神戸 260 m
兵庫県　神戸市東灘区住吉本町１丁目３１６番２ Land Price Publication 2026	Residential	¥600K/m²	$354/sq ft	+5.4%	住吉 500 m
兵庫県　神戸市中央区山本通２丁目６番６ Prefectural Survey 2026	Residential	¥585K/m²	$346/sq ft	+6.9%	一般住宅、マンションのほか店舗も見られる住宅地域
兵庫県　神戸市中央区中山手通６丁目４番２４ Prefectural Survey 2026	Residential	¥582K/m²	$344/sq ft	+7.4%	一般住宅、マンションの混在する住宅地域
兵庫県　神戸市中央区元町通６丁目３番２４外 Prefectural Survey 2026	Commercial	¥575K/m²	$340/sq ft	+5.3%	小売店舗、飲食店等が建ち並ぶ商業地域
兵庫県　神戸市中央区下山手通５丁目７番４外 Land Price Publication 2026	Commercial	¥573K/m²	$339/sq ft	+4.2%	元町 400 m
兵庫県　神戸市東灘区本山中町３丁目１４４番 Land Price Publication 2026	Residential	¥565K/m²	$334/sq ft	+7.6%	摂津本山 620 m
兵庫県　神戸市中央区中山手通６丁目４番２４ Land Price Publication 2026	Residential	¥562K/m²	$332/sq ft	+7.7%	県庁前 400 m
兵庫県　神戸市中央区中町通３丁目１番１１ Land Price Publication 2026	Commercial	¥560K/m²	$331/sq ft	+6.1%	高速神戸 200 m
兵庫県　神戸市東灘区森南町１丁目４８０番 Prefectural Survey 2026	Commercial	¥560K/m²	$331/sq ft	+9.8%	中層の店舗兼マンション等が多い商業地域
兵庫県　神戸市東灘区本山北町６丁目２８９番５６ Land Price Publication 2026	Residential	¥558K/m²	$330/sq ft	+5.7%	岡本 210 m
兵庫県　神戸市須磨区飛松町３丁目６番１ Prefectural Survey 2026	Commercial	¥554K/m²	$327/sq ft	+2.4%	中小規模の小売店舗が建ち並ぶ駅前の商業地域
兵庫県　神戸市灘区徳井町４丁目１番３ Land Price Publication 2026	Commercial	¥550K/m²	$325/sq ft	+8.3%	石屋川 600 m
兵庫県　神戸市須磨区飛松町３丁目６番１ Land Price Publication 2026	Commercial	¥548K/m²	$324/sq ft	+2.4%	板宿 60 m
兵庫県　神戸市灘区楠丘町６丁目３番５ Prefectural Survey 2026	Residential	¥545K/m²	$322/sq ft	+6.0%	一般住宅にマンションも介在する住宅地域
兵庫県　神戸市中央区磯上通４丁目３３６番 Land Price Publication 2026	Commercial	¥538K/m²	$318/sq ft	+10.0%	三ノ宮 800 m
兵庫県　神戸市東灘区御影中町４丁目１２１７番１ Prefectural Survey 2026	Residential	¥535K/m²	$316/sq ft	+3.1%	一般住宅の中に共同住宅等が見られる住宅地域
兵庫県　神戸市灘区友田町３丁目２番６ Land Price Publication 2026	Commercial	¥533K/m²	$315/sq ft	+7.0%	新在家 80 m
兵庫県　神戸市灘区八幡町４丁目３９番 Land Price Publication 2026	Residential	¥529K/m²	$313/sq ft	+4.8%	六甲 200 m
兵庫県　神戸市中央区生田町２丁目３２９番 Prefectural Survey 2026	Commercial	¥525K/m²	$310/sq ft	+5.0%	中高層の店舗付共同住宅、事務所が多い商業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 11,177 sales

Condos per m² (median)

¥383K/m²

Condo price (median)

¥22.0M

Land & building (median)

¥28.0M

Land per m² (median)

¥130K/m²

Sales in the loaded period: Pre-owned condo 10,982 · Land & building 7,373 · Land 1,214 · Farmland 63 · Forest 50

District	Period	Type	Price	Area	Built	Per m²
Ibukidaikitamachi	Q2 2026	Land & building (contract)	¥44.0M	180 m²	2012	—
Ibukidaikitamachi	Q2 2026	Land & building (contract)	¥46.0M	170 m²	2005	—
Ibukidaikitamachi	Q2 2026	Pre-owned condo (contract)	¥43.0M	95 m²	2007	¥453K/m²
Ibukidaikitamachi	Q2 2026	Pre-owned condo (contract)	¥39.0M	85 m²	2008	¥459K/m²
Ibukidaikitamachi	Q2 2026	Land & building (contract)	¥42.0M	180 m²	2007	—
Takenodai	Q2 2026	Pre-owned condo (contract)	¥29.0M	90 m²	1995	¥322K/m²
Takenodai	Q2 2026	Land & building (contract)	¥46.0M	200 m²	1991	—
Takenodai	Q2 2026	Land & building (contract)	¥30.0M	150 m²	1989	—
Takenodai	Q2 2026	Pre-owned condo (contract)	¥33.0M	105 m²	1994	¥314K/m²
Takenodai	Q2 2026	Pre-owned condo (contract)	¥50.0M	80 m²	2015	¥625K/m²
Takenodai	Q2 2026	Land & building (contract)	¥38.0M	205 m²	1987	—
Takenodai	Q2 2026	Land & building (contract)	¥33.0M	225 m²	1991	—
Takenodai	Q2 2026	Land & building (contract)	¥51.0M	180 m²	2026	—
Takenodai	Q2 2026	Land & building (contract)	¥36.0M	210 m²	1987	—
Sakuragaokanakamachi	Q2 2026	Land & building (contract)	¥32.0M	220 m²	1998	—
Amagaoka	Q2 2026	Land & building (contract)	¥8.9M	125 m²	1994	—
Amagaoka	Q2 2026	Land & building (contract)	¥11.0M	175 m²	1989	—
Fukuyoshidai	Q2 2026	Land & building	¥15.0M	240 m²	2004	—
Takenodai	Q2 2026	Pre-owned condo	¥39.0M	100 m²	1994	¥390K/m²
Takenodai	Q2 2026	Pre-owned condo	¥43.0M	80 m²	1994	¥538K/m²

Nearby areas

Ashiya City¥401K/m² Miki City¥30K/m² Akashi City¥118K/m² Nishinomiya City¥293K/m² Inami Town¥44K/m² Takarazuka City¥166K/m² Sanda City¥55K/m² Amagasaki City¥209K/m² Itami City¥199K/m² Harima Town¥84K/m² Ono City¥37K/m² Kakogawa City¥78K/m² Awaji City¥29K/m² Kawanishi City¥99K/m² Kato City¥27K/m²

FAQ

What is the average land price in Kobe City?

The average price of residential land in Kobe City is ¥184,323 per m² (about ¥609,332 per tsubo), based on 384 sites in the official land price surveys (2026).

Are land prices in Kobe City going up?

Land prices in Kobe City have risen by +3.6% on average over the past year. Over five years the change is +14.2%.

How much do pre-owned condos cost in Kobe City?

The median price of pre-owned condo transactions in the last two years is ¥383,333 per m², with a median price of ¥22.0 million (6251 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Kobe City?

The Fudosan Zukan model projects residential land prices to change by +2.2% a year, reaching about ¥230,319 per m² in 10 years (range ¥188,862–¥271,776). Forecasts are projections, not guarantees.

What is the total value of real estate in Kobe City?

About ¥17.1 trillion: land ¥12.5 trillion and buildings ¥4.6 trillion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥13.4 trillion).

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.