Hikaricho, Matsusaka City: property prices and land values

光町(松阪市)

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

Avg. residential land price
¥35K/m²
≈ $21/sq ft · 2 sites
#11 of 35 neighborhoods
Avg. commercial land price
No data
1-year change
−0.9%
Residential −0.9% · commercial —
5 years / 10 years
−4.9% / −11.9%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥6.5M
≈ $41K · 3 sales
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

¥30K/m²¥35K/m²¥40K/m²¥45K/m²2013201620192022202520292036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.7% a year
¥35K/m²¥35K/m²¥34K/m²¥34K/m²¥33K/m²

Forecasts are projections, not guarantees. 10-year range: ¥27K/m²–¥38K/m²

Hikaricho, Matsusaka City compared with larger areas

AreaAvg. residential≈ USD/sq ftHikaricho, Matsusaka City is1 year5 yearsCondos per m²Index
Hikaricho, Matsusaka City ¥35K/m²$21/sq ft −0.9%−4.9% ——
Matsusaka City ¥29K/m²$17/sq ft 1.2x−0.2%−2.5% ¥267K/m²55
Mie ¥35K/m²$21/sq ft 1.00x+0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft 0.29x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 松阪市光町24番3
Land Price Publication 2026
Residential¥35K/m²$21/sq ft −0.8%松阪
4.2 km
三重県 松阪市光町24番3
Prefectural Survey 2026
Residential¥35K/m²$21/sq ft −0.9%一般住宅が区画整然と建ち並ぶ丘陵地の住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 4 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥6.5M
Land per m² (median)
—

Sales in the loaded period: Land & building 5 · Land 4

DistrictPeriodTypePriceAreaBuiltPer m²
HikarichoQ2 2026Land & building (contract) ¥6.5M205 m²1985—
HikarichoQ1 2026Land & building ¥20.0M440 m²1998—
HikarichoQ3 2025Land ¥4.4M260 m²—¥17K/m²
HikarichoQ1 2025Land & building ¥800K170 m²1981—
HikarichoQ4 2024Land & building ¥4.0M220 m²1986—
HikarichoQ3 2024Land ¥140K120 m²—¥1,200/m²
HikarichoQ2 2024Land & building ¥45.0M1,300 m²2000—
HikarichoQ2 2024Land ¥2.0M230 m²—¥8,800/m²
HikarichoQ1 2024Land ¥270K230 m²—¥1,200/m²

Nearby neighborhoods

FAQ

What is the average land price in Hikaricho, Matsusaka City?

The average price of residential land in Hikaricho, Matsusaka City is ¥35,000 per m² (about ¥115,702 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Hikaricho, Matsusaka City going up?

Land prices in Hikaricho, Matsusaka City have fallen by -0.9% on average over the past year. Over five years the change is -4.9%.

What is the land price forecast for Hikaricho, Matsusaka City?

The Fudosan Zukan model projects residential land prices to change by -0.7% a year, reaching about ¥32,554 per m² in 10 years (range ¥26,694–¥38,414). 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.