Miyako City: property prices and land values

宮古市

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

Avg. residential land price
¥25K/m²
≈ $15/sq ft · 17 sites
#838 of 1795 municipalities in Japan
Avg. commercial land price
¥52K/m²
≈ $31/sq ft · 4 sites
1-year change
−2.1%
Residential −2.1% · commercial −2.0%
5 years / 10 years
−7.5% / −15.5%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
29/100
#1288 in Japan
Total real estate value Estimate
¥279.1 billion
≈ $1.8B · land ¥197.3 billion + buildings ¥81.7 billion
#591 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

¥0/m²¥50K/m²¥100K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.3% a year
¥25K/m²¥24K/m²¥24K/m²¥23K/m²¥22K/m²

Forecasts are projections, not guarantees. 10-year range: ¥18K/m²–¥26K/m²

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

Total value (market estimate)
¥279.1 billion
≈ $1.8B · 0.02% of Japan
Land (market estimate)
¥197.3 billion
residential land ¥185.9 billion
Buildings (assessed)
¥81.7 billion
34,867 buildings · 3.9 km² floor area
Assessed value (fixed-asset tax)
¥223.3 billion
land ¥141.6 billion · buildings ¥81.7 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥130.1 billion¥185.9 billion10.6 km²¥18K/m²
Other land
farmland, forest, other
¥11.4 billion¥11.4 billion552.6 km²—
Buildings
wooden ¥47.0 billion · non-wooden ¥34.7 billion
¥81.7 billion¥81.7 billion3.9 km² floor—
Total¥223.3 billion¥279.1 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.

Miyako City compared with larger areas

AreaAvg. residential≈ USD/sq ftMiyako City is1 year5 yearsCondos per m²Index
Miyako City ¥25K/m²$15/sq ft −2.1%−7.5% —29
Iwate ¥30K/m²$17/sq ft 0.83x−0.4%−1.3% —23
Japan ¥120K/m²$71/sq ft 0.21x+2.1%+8.0% ¥493K/m²—

Neighborhoods 20 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
西町
西町
¥55K/m² — −2.5% −7.1% — —
南町
南町
¥51K/m² — −0.6% −2.5% — —
太田
太田
¥44K/m² — −0.7% −0.7% — —
西ケ丘
西ケ丘
¥39K/m² — −0.8% −1.5% — —
山口
山口
¥39K/m² — −2.7% −9.7% — —
磯鶏沖
磯鶏沖
¥39K/m² — −1.5% −3.7% — —
八木沢
八木沢
¥35K/m² — −1.1% −2.8% — —
佐原
佐原
¥30K/m² — −2.0% −4.5% — —
蛸の浜町
蛸の浜町
¥30K/m² — −2.6% −9.5% — —
田老
田老
¥10K/m² — −2.0% −8.0% — —
茂市第
茂市第
¥8,730/m² — −3.0% −8.4% — —
蟇目第
蟇目第
¥5,670/m² — −2.9% −8.5% — —
刈屋第
刈屋第
¥5,550/m² — −3.0% −10.3% — —
川井第
川井第
¥5,240/m² — −3.3% −17.5% — —
小国第
小国第
¥2,450/m² — −3.2% −18.3% — —
長町
長町
— ¥45K/m² −1.1% −6.3% — —
実田
実田
— — — +3.3% — —
末広町
末広町
— ¥57K/m² −2.6% −13.0% — —
宮町
宮町
— ¥51K/m² −1.0% −6.1% — —
和見町
和見町
— ¥55K/m² −3.3% — — —

Official land price survey sites highest first · 22 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
岩手県 宮古市末広町12番36
Land Price Publication 2026
Commercial¥57K/m²$34/sq ft −2.6%宮古
250 m
岩手県 宮古市和見町51番1
Prefectural Survey 2026
Commercial¥55K/m²$33/sq ft −3.3%低層の小売店舗、営業所等が建ち並ぶ県道沿いの商業地域
岩手県 宮古市西町1丁目59番2
Land Price Publication 2026
Residential¥55K/m²$32/sq ft −2.5%宮古
920 m
岩手県 宮古市宮町1丁目4番19
Prefectural Survey 2026
Commercial¥51K/m²$30/sq ft −1.0%低層の店舗、営業所等が建ち並ぶ国道沿いの商業地域
岩手県 宮古市南町10番1
Prefectural Survey 2026
Residential¥51K/m²$30/sq ft −0.6%一般住宅、アパート等が混在する住宅地域
岩手県 宮古市長町2丁目1番4内
Prefectural Survey 2026
Commercial¥45K/m²$26/sq ft −1.1%低層の店舗、営業所等が建ち並ぶ国道沿いの路線商業地域
岩手県 宮古市太田1丁目39番3外
Prefectural Survey 2026
Residential¥44K/m²$26/sq ft −0.7%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 宮古市西ヶ丘3丁目3番18
Land Price Publication 2026
Residential¥39K/m²$23/sq ft −0.8%千徳
2.5 km
岩手県 宮古市山口3丁目283番
Land Price Publication 2026
Residential¥39K/m²$23/sq ft −2.7%山口団地
210 m
岩手県 宮古市磯鶏沖5番18
Land Price Publication 2026
Residential¥39K/m²$23/sq ft −1.5%磯鶏
370 m
岩手県 宮古市八木沢1丁目3番40
Prefectural Survey 2026
Residential¥35K/m²$21/sq ft −1.1%中規模一般住宅の中に公営住宅も見られる区画整然とした住宅地域
岩手県 宮古市佐原3丁目22番143
Prefectural Survey 2026
Residential¥30K/m²$18/sq ft −2.0%一般住宅が建ち並ぶ区画整然とした住宅地域
岩手県 宮古市蛸の浜町402番17
Prefectural Survey 2026
Residential¥30K/m²$18/sq ft −2.6%区画整理事業により整備された一般住宅を中心とする住宅地域
岩手県 宮古市実田1丁目4番6
Prefectural Survey 2026
Industrial¥22K/m²$13/sq ft +0.5%工場、事務所、営業所等が建ち並ぶ区画整然とした工業地域
岩手県 宮古市田老1丁目17番4
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −1.9%一般住宅のほか空地等も見られる区画整然とした住宅地域
岩手県 宮古市田老字小林106番1
Prefectural Survey 2026
Residential¥9,600/m²$6/sq ft −2.0%中規模一般住宅が建ち並ぶ区画整然とした住宅地域
岩手県 宮古市茂市第3地割133番2
Prefectural Survey 2026
Residential¥8,730/m²$5/sq ft −3.0%中規模一般住宅等が建ち並ぶ住宅地域
岩手県 宮古市蟇目第6地割108番6
Prefectural Survey 2026
Residential¥5,670/m²$3/sq ft −2.9%中規模一般住宅が建ち並ぶ住宅地域
岩手県 宮古市刈屋第13地割16番11
Prefectural Survey 2026
Residential¥5,550/m²$3/sq ft −3.0%一般住宅、工場のほかに農地も見られる住宅地域
岩手県 宮古市田老字向新田109番2内
Prefectural Survey 2026
Residential¥5,530/m²$3/sq ft −2.0%農家住宅、一般住宅のほかに農地も多い住宅地域
岩手県 宮古市川井第2地割90番2
Prefectural Survey 2026
Residential¥5,240/m²$3/sq ft −3.3%中規模一般住宅が見られる住宅地域
岩手県 宮古市小国第20地割56番1
Prefectural Survey 2026
Residential¥2,450/m²$1/sq ft −3.2%一般住宅等が建ち並ぶ古くからの住宅地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
10
5-year growth
21
10-year growth
24
Price level
53

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 Miyako City?

The average price of residential land in Miyako City is ¥24,710 per m² (about ¥81,686 per tsubo), based on 17 sites in the official land price surveys (2026).

Are land prices in Miyako City going up?

Land prices in Miyako City have fallen by -2.1% on average over the past year. Over five years the change is -7.5%.

What is the land price forecast for Miyako City?

The Fudosan Zukan model projects residential land prices to change by -1.3% a year, reaching about ¥21,738 per m² in 10 years (range ¥17,825–¥25,651). Forecasts are projections, not guarantees.

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

About ¥279.1 billion: land ¥197.3 billion and buildings ¥81.7 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥223.3 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 ¥157.25 = $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.