Shinchi Town: property prices and land values

新地町

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

Avg. residential land price
¥15K/m²
≈ $9/sq ft · 6 sites
#1196 of 1795 municipalities in Japan
Avg. commercial land price
No data
1-year change
−1.4%
Residential −1.4% · commercial —
5 years / 10 years
−7.4% / −8.3%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
28/100
#1321 in Japan
Total real estate value Estimate
¥79.7 billion
≈ $505.00M · land ¥50.0 billion + buildings ¥29.7 billion
#1033 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

¥12K/m²¥14K/m²¥16K/m²¥18K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.0% a year
¥15K/m²¥15K/m²¥14K/m²¥14K/m²¥13K/m²

Forecasts are projections, not guarantees. 10-year range: ¥11K/m²–¥16K/m²

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

Total value (market estimate)
¥79.7 billion
≈ $505.00M · 0.01% of Japan
Land (market estimate)
¥50.0 billion
residential land ¥44.9 billion
Buildings (assessed)
¥29.7 billion
5,875 buildings · 83.5 ha floor area
Assessed value (fixed-asset tax)
¥66.3 billion
land ¥36.5 billion · buildings ¥29.7 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥31.4 billion¥44.9 billion4.5 km²¥9,992/m²
Other land
farmland, forest, other
¥5.1 billion¥5.1 billion27.8 km²—
Buildings
wooden ¥11.1 billion · non-wooden ¥18.6 billion
¥29.7 billion¥29.7 billion83.5 ha floor—
Total¥66.3 billion¥79.7 billion

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.

Shinchi Town compared with larger areas

AreaAvg. residential≈ USD/sq ftShinchi Town is1 year5 yearsCondos per m²Index
Shinchi Town ¥15K/m²$9/sq ft −1.4%−7.4% —28
Fukushima ¥31K/m²$18/sq ft 0.48x+0.1%+0.5% —41
Japan ¥120K/m²$70/sq ft 0.12x+2.1%+8.0% ¥493K/m²—

Neighborhoods 5 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
中島
中島
¥19K/m² — −1.0% — — —
谷地小屋
谷地小屋
¥18K/m² — −2.2% −9.0% — —
小川
小川
¥16K/m² — ±0.0% — — —
駒ケ嶺
駒ケ嶺
¥13K/m² — −2.2% −7.3% — —
福田
福田
¥9,610/m² — −1.0% −7.6% — —

Official land price survey sites highest first · 6 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
福島県 相馬郡新地町中島2丁目50番
Prefectural Survey 2026
Residential¥19K/m²$11/sq ft −1.0%一般住宅を中心とした駅に近い新興住宅地域
福島県 相馬郡新地町谷地小屋字新地91番
Prefectural Survey 2026
Residential¥18K/m²$11/sq ft −2.2%一般住宅の中に店舗兼住宅等が見られる既成住宅地域
福島県 相馬郡新地町小川字長谷地37番1
Land Price Publication 2026
Residential¥16K/m²$9/sq ft ±0.0%新地
1.5 km
福島県 相馬郡新地町駒ケ嶺字町23番1
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −2.6%一般住宅の中に店舗兼住宅等が見られる既成住宅地域
福島県 相馬郡新地町駒ケ嶺字塔場20番21
Land Price Publication 2026
Residential¥11K/m²$7/sq ft −1.8%駒ケ嶺
3.0 km
福島県 相馬郡新地町大字福田字広畑18番2
Prefectural Survey 2026
Residential¥9,610/m²$6/sq ft −1.0%一般住宅、農家住宅を主体に事業所等も見られる既成住宅地域

Transaction prices

No data No transaction data for this area yet.

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

1-year growth
20
5-year growth
22
10-year growth
45
Price level
33

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Shinchi Town?

The average price of residential land in Shinchi Town is ¥14,752 per m² (about ¥48,767 per tsubo), based on 6 sites in the official land price surveys (2026).

Are land prices in Shinchi Town going up?

Land prices in Shinchi Town have fallen by -1.4% on average over the past year. Over five years the change is -7.4%.

What is the land price forecast for Shinchi Town?

The Fudosan Zukan model projects residential land prices to change by -1.0% a year, reaching about ¥13,387 per m² in 10 years (range ¥10,977–¥15,797). Forecasts are projections, not guarantees.

What is the total value of real estate in Shinchi Town?

About ¥79.7 billion: land ¥50.0 billion and buildings ¥29.7 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥66.3 billion).

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 ¥157.9 = $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.