Mikageishimachi, Higashinada Ward, Kobe City: property prices and land values

御影石町(東灘区)

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

Avg. residential land price
¥356K/m²
≈ $209/sq ft · 2 sites
#14 of 28 neighborhoods
Avg. commercial land price
No data
1-year change
+6.0%
Residential +6.0% · commercial —
5 years / 10 years
+21.9% / +37.0%
Same sites, chained
Pre-owned condos per m²
¥400K/m²
70 m² ≈ ¥28.0M · 17 sales
Pre-owned houses (median)
¥40.0M
≈ $253K · 14 sales
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

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

¥100K/m²¥200K/m²¥300K/m²¥400K/m²¥500K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.6% a year
¥356K/m²¥368K/m²¥395K/m²¥424K/m²¥505K/m²

Forecasts are projections, not guarantees. 10-year range: ¥414K/m²–¥596K/m²

Mikageishimachi, Higashinada Ward, Kobe City compared with larger areas

AreaAvg. residential≈ USD/sq ftMikageishimachi, Higashinada Ward, Kobe City is1 year5 yearsCondos per m²Index
Mikageishimachi, Higashinada Ward, Kobe City ¥356K/m²$209/sq ft +6.0%+21.9% ¥400K/m²—
Higashinada Ward, Kobe City ¥375K/m²$220/sq ft 0.95x+5.0%+22.1% ¥400K/m²92
Kobe City ¥184K/m²$108/sq ft 1.9x+3.6%+14.2% ¥383K/m²—
Hyogo ¥138K/m²$81/sq ft 2.6x+2.2%+7.9% ¥343K/m²81
Japan ¥120K/m²$70/sq ft 3.0x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
兵庫県 神戸市東灘区御影石町4丁目88番3
Land Price Publication 2026
Residential¥410K/m²$241/sq ft +6.5%石屋川
730 m
兵庫県 神戸市東灘区御影石町2丁目382番4
Land Price Publication 2026
Residential¥301K/m²$177/sq ft +5.6%石屋川
450 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 34 sales

Condos per m² (median)
¥400K/m²
Condo price (median)
¥28.0M
Land & building (median)
¥40.0M
Land per m² (median)
¥470K/m²

Sales in the loaded period: Pre-owned condo 32 · Land & building 19 · Land 4

DistrictPeriodTypePriceAreaBuiltPer m²
MikageishimachiQ2 2026Pre-owned condo (contract) ¥4.5M20 m²1990¥225K/m²
MikageishimachiQ2 2026Land & building (contract) ¥57.0M110 m²1996—
MikageishimachiQ2 2026Land & building (contract) ¥44.0M50 m²2025—
MikageishimachiQ2 2026Pre-owned condo (contract) ¥36.0M80 m²1997¥450K/m²
MikageishimachiQ2 2026Land & building (contract) ¥41.0M65 m²2013—
MikageishimachiQ2 2026Land & building (contract) ¥48.0M100 m²2005—
MikageishimachiQ2 2026Pre-owned condo (contract) ¥4.0M20 m²1990¥200K/m²
MikageishimachiQ2 2026Pre-owned condo ¥36.0M75 m²1997¥480K/m²
MikageishimachiQ1 2026Land & building (contract) ¥32.0M55 m²1998—
MikageishimachiQ1 2026Pre-owned condo (contract) ¥33.0M70 m²2008¥471K/m²
MikageishimachiQ1 2026Pre-owned condo (contract) ¥23.0M60 m²1984¥383K/m²
MikageishimachiQ1 2026Pre-owned condo (contract) ¥25.0M80 m²1975¥312K/m²
MikageishimachiQ1 2026Land & building (contract) ¥13.0M40 m²1970—
MikageishimachiQ1 2026Land & building (contract) ¥34.0M55 m²1996—
MikageishimachiQ1 2026Pre-owned condo ¥23.0M55 m²1984¥418K/m²
MikageishimachiQ4 2025Land & building (contract) ¥32.0M90 m²1980—
MikageishimachiQ4 2025Pre-owned condo (contract) ¥29.0M75 m²1997¥387K/m²
MikageishimachiQ4 2025Pre-owned condo (contract) ¥36.0M65 m²1997¥554K/m²
MikageishimachiQ4 2025Pre-owned condo (contract) ¥12.0M55 m²1984¥218K/m²
MikageishimachiQ4 2025Land & building ¥48.0M40 m²2025—

Nearby neighborhoods

FAQ

What is the average land price in Mikageishimachi, Higashinada Ward, Kobe City?

The average price of residential land in Mikageishimachi, Higashinada Ward, Kobe City is ¥355,500 per m² (about ¥1,175,207 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Mikageishimachi, Higashinada Ward, Kobe City going up?

Land prices in Mikageishimachi, Higashinada Ward, Kobe City have risen by +6.0% on average over the past year. Over five years the change is +21.9%.

How much do pre-owned condos cost in Mikageishimachi, Higashinada Ward, Kobe City?

The median price of pre-owned condo transactions in the last two years is ¥400,000 per m², with a median price of ¥28.0 million (17 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Mikageishimachi, Higashinada Ward, Kobe City?

The Fudosan Zukan model projects residential land prices to change by +3.6% a year, reaching about ¥504,752 per m² in 10 years (range ¥413,897–¥595,607). Forecasts are projections, not guarantees.

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 ¥158.25 = $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.