Fujisawa’s transaction data points to an active but not low-cost market for buying premises: 882 house transactions were recorded in 2025, with a median house price of ¥49,000,000. Prices are trending up, with a 5-year CAGR of 3.13%, while the median for older houses sits lower at ¥37,000,000, suggesting a meaningful discount for buyers open to older stock.
This profile suits buyers who want a relatively liquid coastal-urban market rather than a deep-bargain akiya hunt. Turnover is solid at 2.018 transactions per 1,000 residents, net migration is positive at 1,514 people (0.35%), and the city’s population is large at 437,155, all of which support a broader pool of counterparties, staff, and customers. At the same time, the akiya proxy ratio is 16.21% and vacancy rate is 9.61%, but the akiya mobilization ratio is only 0.676%, so vacant stock exists without translating into a large flow of tradable homes; that makes Fujisawa better suited to buyers seeking established residential or mixed-use premises than those relying on plentiful distressed inventory.
The main caveat is affordability and unevenness within the resale stock. The price-to-income ratio is 10.72, which is high relative to local taxable income of ¥4,570,844, and “older house” pricing has been volatile year to year, reaching ¥52,000,000 in 2024 before falling to ¥37,000,000 in 2025. Also note that vacancy and migration figures come from different source years than the 2025 transaction data, so they are useful for context but not a real-time measure of what is currently available.