Japan · Asia · Population: 2,000,000
Sapporo is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $200,000 average home price in Japan, buyers should consider the 5.5x price-to-income ratio when planning a purchase.
| Average Home Price | $200,000 |
| Price per sqm | $3,200 |
| Price-to-Income Ratio | 5.5x |
| Mortgage Rate | 1.5% |
| 1-Year Price Change | +6.2% |
| 1-Bedroom Apartment | $500/mo |
| 3-Bedroom Apartment | $900/mo |
| Rent-to-Income Ratio | 14% |
| Median Household Income | $36,000/year |
| Years to Buy (at median income) | 5.5 years |
| Local Currency | JPY |
With a price-to-income ratio of 5.5x, Sapporo offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 6.2% in the past year.
Cities worldwide with home prices closest to Sapporo
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