Kamaishi City: property prices and land values

釜石市

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

Avg. residential land price
¥37K/m²
≈ $22/sq ft · 9 sites
#625 of 1795 municipalities in Japan
Avg. commercial land price
¥52K/m²
≈ $31/sq ft · 4 sites
1-year change
−1.8%
Residential −2.0% · commercial −1.4%
5 years / 10 years
−6.7% / −7.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
39/100
#1047 in Japan
Total real estate value Estimate
¥212.6 billion
≈ $1.4B · land ¥139.5 billion + buildings ¥73.1 billion
#697 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

¥20K/m²¥40K/m²¥60K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.9% a year
¥37K/m²¥36K/m²¥36K/m²¥35K/m²¥33K/m²

Forecasts are projections, not guarantees. 10-year range: ¥27K/m²–¥39K/m²

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

Total value (market estimate)
¥212.6 billion
≈ $1.4B · 0.01% of Japan
Land (market estimate)
¥139.5 billion
residential land ¥119.9 billion
Buildings (assessed)
¥73.1 billion
20,223 buildings · 2.6 km² floor area
Assessed value (fixed-asset tax)
¥176.7 billion
land ¥103.6 billion · buildings ¥73.1 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥83.9 billion¥119.9 billion6.0 km²¥20K/m²
Other land
farmland, forest, other
¥19.7 billion¥19.7 billion200.4 km²—
Buildings
wooden ¥29.6 billion · non-wooden ¥43.5 billion
¥73.1 billion¥73.1 billion2.6 km² floor—
Total¥176.7 billion¥212.6 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.

Kamaishi City compared with larger areas

AreaAvg. residential≈ USD/sq ftKamaishi City is1 year5 yearsCondos per m²Index
Kamaishi City ¥37K/m²$22/sq ft −1.8%−6.7% —39
Iwate ¥30K/m²$17/sq ft 1.2x−0.4%−1.3% —23
Japan ¥120K/m²$71/sq ft 0.31x+2.1%+8.0% ¥494K/m²—

Neighborhoods 10 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
中妻町
中妻町
¥58K/m² — −0.5% −0.9% — —
上中島町
上中島町
¥50K/m² ¥52K/m² −1.5% −6.2% — —
野田町
野田町
¥45K/m² ¥46K/m² −1.8% −5.4% — —
大只越町
大只越町
¥45K/m² — −1.5% −2.6% — —
定内町
定内町
¥40K/m² — −0.5% −2.7% — —
甲子町第
甲子町第
¥24K/m² — −3.5% −11.2% — —
大平町
大平町
¥22K/m² — −2.2% −13.1% — —
平田第
平田第
¥21K/m² — −2.7% — — —
大町
大町
— ¥60K/m² −0.8% −3.6% — —
大渡町
大渡町
— ¥49K/m² −1.2% −3.4% — —

Official land price survey sites highest first · 14 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
岩手県 釜石市大町2丁目6番
Land Price Publication 2026
Commercial¥60K/m²$35/sq ft −0.8%釜石
900 m
岩手県 釜石市中妻町2丁目16番
Land Price Publication 2026
Residential¥58K/m²$34/sq ft −0.5%釜石
1.6 km
岩手県 釜石市上中島町1丁目96番2外
Prefectural Survey 2026
Commercial¥52K/m²$31/sq ft −1.9%低層小売店舗、事務所等が建ち並ぶ国道沿いの路線商業地域
岩手県 釜石市上中島町4丁目9番106
Prefectural Survey 2026
Residential¥50K/m²$29/sq ft −1.2%一般住宅の中にアパート等が混在する住宅地域
岩手県 釜石市大渡町2丁目49番
Prefectural Survey 2026
Commercial¥49K/m²$29/sq ft −1.2%店舗、事務所、一般住宅等が混在する商業地域
岩手県 釜石市野田町2丁目14番4内
Land Price Publication 2026
Commercial¥46K/m²$27/sq ft −1.5%小佐野
1.6 km
岩手県 釜石市野田町1丁目8番5
Prefectural Survey 2026
Residential¥45K/m²$27/sq ft −2.0%中規模一般住宅の中にアパート等が混在する住宅地域
岩手県 釜石市大只越町2丁目19番
Prefectural Survey 2026
Residential¥45K/m²$26/sq ft −1.5%一般住宅の中にアパート等が混在する住宅地域
岩手県 釜石市定内町2丁目4番2外
Land Price Publication 2026
Residential¥40K/m²$24/sq ft −0.5%小佐野
710 m
岩手県 釜石市甲子町第15地割65番5内
Prefectural Survey 2026
Residential¥25K/m²$15/sq ft −3.5%一般住宅が建ち並ぶ既成住宅地域
岩手県 釜石市甲子町第8地割36番19
Prefectural Survey 2026
Residential¥24K/m²$14/sq ft −3.6%中規模一般住宅が建ち並ぶ閑静な住宅地域
岩手県 釜石市大平町2丁目125番286
Land Price Publication 2026
Residential¥22K/m²$13/sq ft −2.2%釜石
3.1 km
岩手県 釜石市大字平田第2地割25番148
Prefectural Survey 2026
Residential¥21K/m²$13/sq ft −2.7%中規模一般住宅が建ち並ぶ丘陵地の住宅地域
岩手県 釜石市甲子町第9地割171番8
Prefectural Survey 2026
Industrial¥17K/m²$10/sq ft −1.2%工場、事業所等が建ち並ぶ工業地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
14
5-year growth
25
10-year growth
49
Price level
65

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 Kamaishi City?

The average price of residential land in Kamaishi City is ¥36,600 per m² (about ¥120,992 per tsubo), based on 9 sites in the official land price surveys (2026).

Are land prices in Kamaishi City going up?

Land prices in Kamaishi City have fallen by -1.8% on average over the past year. Over five years the change is -6.7%.

What is the land price forecast for Kamaishi City?

The Fudosan Zukan model projects residential land prices to change by -0.9% a year, reaching about ¥33,253 per m² in 10 years (range ¥27,267–¥39,239). Forecasts are projections, not guarantees.

What is the total value of real estate in Kamaishi City?

About ¥212.6 billion: land ¥139.5 billion and buildings ¥73.1 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥176.7 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 ¥157.25 = $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.