Sumita Town: property prices and land values

住田町

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

Avg. residential land price
¥6,760/m²
≈ $4/sq ft · 3 sites
#1578 of 1795 municipalities in Japan
Avg. commercial land price
¥15K/m²
≈ $9/sq ft · 1 sites
1-year change
−1.7%
Residential −1.6% · commercial −1.9%
5 years / 10 years
−7.1% / −13.9%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
18/100
#1534 in Japan
Total real estate value Estimate
¥20.8 billion
≈ $132.58M · land ¥12.5 billion + buildings ¥8.3 billion
#1419 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

¥5,000/m²¥6,000/m²¥7,000/m²¥8,000/m²¥9,000/m²¥10K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.1% a year
¥6,760/m²¥6,684/m²¥6,535/m²¥6,390/m²¥6,039/m²

Forecasts are projections, not guarantees. 10-year range: ¥4,952/m²–¥7,126/m²

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

Total value (market estimate)
¥20.8 billion
≈ $132.58M · 0.00% of Japan
Land (market estimate)
¥12.5 billion
residential land ¥11.2 billion
Buildings (assessed)
¥8.3 billion
5,994 buildings · 79.8 ha floor area
Assessed value (fixed-asset tax)
¥17.5 billion
land ¥9.1 billion · buildings ¥8.3 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥7.8 billion¥11.2 billion2.4 km²¥4,585/m²
Other land
farmland, forest, other
¥1.3 billion¥1.3 billion99.6 km²—
Buildings
wooden ¥6.1 billion · non-wooden ¥2.3 billion
¥8.3 billion¥8.3 billion79.8 ha floor—
Total¥17.5 billion¥20.8 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.

Sumita Town compared with larger areas

AreaAvg. residential≈ USD/sq ftSumita Town is1 year5 yearsCondos per m²Index
Sumita Town ¥6,760/m²$4/sq ft −1.7%−7.1% —18
Iwate ¥30K/m²$17/sq ft 0.23x−0.4%−1.3% —23
Japan ¥120K/m²$71/sq ft 0.06x+2.1%+8.0% ¥493K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
世田米
世田米
¥10K/m² ¥15K/m² −2.3% −6.4% — —
上有住
上有住
¥6,500/m² — ±0.0% — — —
下有住
下有住
¥3,480/m² — −2.0% −8.2% — —

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
岩手県 気仙郡住田町世田米字世田米駅18番
Prefectural Survey 2026
Commercial¥15K/m²$9/sq ft −1.9%店舗併用住宅、一般住宅等が混在する商業地域
岩手県 気仙郡住田町世田米字川向67番5
Prefectural Survey 2026
Residential¥10K/m²$6/sq ft −2.8%一般住宅、公共施設のほかに農地も見られる住宅地域
岩手県 気仙郡住田町上有住字八日町120番
Prefectural Survey 2026
Residential¥6,500/m²$4/sq ft ±0.0%一般住宅、小売店舗が混在する山間の住宅地域
岩手県 気仙郡住田町下有住字中上110番11
Prefectural Survey 2026
Residential¥3,480/m²$2/sq ft −2.0%一般住宅、農家住宅等が混在する国道沿いの住宅地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
15
5-year growth
23
10-year growth
28
Price level
12

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 Sumita Town?

The average price of residential land in Sumita Town is ¥6,760 per m² (about ¥22,347 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Sumita Town going up?

Land prices in Sumita Town have fallen by -1.7% on average over the past year. Over five years the change is -7.1%.

What is the land price forecast for Sumita Town?

The Fudosan Zukan model projects residential land prices to change by -1.1% a year, reaching about ¥6,039 per m² in 10 years (range ¥4,952–¥7,126). Forecasts are projections, not guarantees.

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

About ¥20.8 billion: land ¥12.5 billion and buildings ¥8.3 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥17.5 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.