Hommachi, Ise City: property prices and land values

本町(伊勢市)

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
¥145K/m²
≈ $86/sq ft · 1 sites
1-year change
+0.7%
Residential — · commercial +0.7%
5 years / 10 years
+2.1% / +9.0%
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

¥125K/m²¥130K/m²¥135K/m²¥140K/m²¥145K/m²2014201620182020202220242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.5% a year
—¥144K/m²¥143K/m²¥142K/m²¥138K/m²

Forecasts are projections, not guarantees. 10-year range: ¥114K/m²–¥163K/m²

Hommachi, Ise City compared with larger areas

AreaAvg. residential≈ USD/sq ftHommachi, Ise City is1 year5 yearsCondos per m²Index
Hommachi, Ise City —— +0.7%+2.1% ——
Ise City ¥30K/m²$18/sq ft −0.2%−3.0% ¥390K/m²55
Mie ¥35K/m²$21/sq ft +0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 伊勢市本町426番2
Land Price Publication 2026
Commercial¥145K/m²$86/sq ft +0.7%伊勢市
350 m

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Land & building 1 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
HommachiQ4 2025Land ¥86.0M450 m²—¥190K/m²
HommachiQ1 2025Land & building ¥5.8M105 m²1977—

Nearby neighborhoods

FAQ

Are land prices in Hommachi, Ise City going up?

Land prices in Hommachi, Ise City have risen by +0.7% on average over the past year. Over five years the change is +2.1%.

What is the land price forecast for Hommachi, Ise City?

The Fudosan Zukan model projects residential land prices to change by -0.5% a year, reaching about ¥138,421 per m² in 10 years (range ¥113,505–¥163,337). 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.