中央, Mito City: property prices and land values

中央(水戸市)

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

Avg. residential land price
No data
Avg. commercial land price
¥88K/m²
≈ $52/sq ft · 2 sites
1-year change
+1.4%
Residential — · commercial +1.4%
5 years / 10 years
+5.5% / +3.6%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
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

¥80K/m²¥90K/m²¥100K/m²¥110K/m²¥120K/m²20062009201220152018202120242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.9% a year
—¥89K/m²¥91K/m²¥92K/m²¥97K/m²

Forecasts are projections, not guarantees. 10-year range: ¥79K/m²–¥114K/m²

中央, Mito City compared with larger areas

AreaAvg. residential≈ USD/sq ft中央, Mito City is1 year5 yearsCondos per m²Index
中央, Mito City —— +1.4%+5.5% ——
Mito City ¥43K/m²$25/sq ft +0.2%−0.2% —63
Ibaraki ¥36K/m²$21/sq ft +1.2%+2.7% —57
Japan ¥120K/m²$71/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
茨城県 水戸市中央1丁目3番20
Land Price Publication 2026
Commercial¥115K/m²$68/sq ft +1.8%水戸
700 m
茨城県 水戸市中央2丁目8番12
Prefectural Survey 2026
Commercial¥62K/m²$37/sq ft +1.0%中低層の事務所、店舗ビルのほか駐車場も多い商業地域

Transaction prices

No data No transaction data for this area yet.

Nearby neighborhoods

FAQ

Are land prices in 中央, Mito City going up?

Land prices in 中央, Mito City have risen by +1.4% on average over the past year. Over five years the change is +5.5%.

What is the land price forecast for 中央, Mito City?

The Fudosan Zukan model projects residential land prices to change by +0.9% a year, reaching about ¥96,567 per m² in 10 years (range ¥79,185–¥113,949). 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 ¥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.