Kaibanacho, Matsusaka City: property prices and land values

垣鼻町(松阪市)

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

Avg. residential land price
¥38K/m²
≈ $22/sq ft · 1 sites
#9 of 35 neighborhoods
Avg. commercial land price
No data
1-year change
−0.3%
Residential −0.3% · commercial —
5 years / 10 years
−3.6% / −15.5%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥26.0M
≈ $165K · 4 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¥40K/m²¥50K/m²¥60K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.4% a year
¥38K/m²¥37K/m²¥37K/m²¥37K/m²¥36K/m²

Forecasts are projections, not guarantees. 10-year range: ¥30K/m²–¥42K/m²

Kaibanacho, Matsusaka City compared with larger areas

AreaAvg. residential≈ USD/sq ftKaibanacho, Matsusaka City is1 year5 yearsCondos per m²Index
Kaibanacho, Matsusaka City ¥38K/m²$22/sq ft −0.3%−3.6% ——
Matsusaka City ¥29K/m²$17/sq ft 1.3x−0.2%−2.5% ¥267K/m²55
Mie ¥35K/m²$21/sq ft 1.1x+0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft 0.31x+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 松阪市垣鼻町字世古出659番1
Land Price Publication 2026
Residential¥38K/m²$22/sq ft −0.3%東松阪
640 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 7 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥26.0M
Land per m² (median)
¥40K/m²

Sales in the loaded period: Land 8 · Land & building 7

DistrictPeriodTypePriceAreaBuiltPer m²
KaibanachoQ1 2026Land & building (contract) ¥19.0M545 m²1991—
KaibanachoQ1 2026Land & building (contract) ¥3.6M430 m²1970—
KaibanachoQ1 2026Land ¥15.0M370 m²—¥40K/m²
KaibanachoQ1 2026Land ¥7.9M185 m²—¥43K/m²
KaibanachoQ4 2025Land & building (contract) ¥33.0M295 m²2022—
KaibanachoQ4 2025Land & building ¥140.0M530 m²2024—
KaibanachoQ2 2025Land ¥6.0M190 m²—¥31K/m²
KaibanachoQ4 2024Land ¥7.2M190 m²—¥38K/m²
KaibanachoQ3 2024Land ¥6.0M195 m²—¥31K/m²
KaibanachoQ3 2024Land & building ¥23.0M290 m²2022—
KaibanachoQ2 2024Land & building ¥300K165 m²1971—
KaibanachoQ2 2024Land ¥5.8M210 m²—¥27K/m²
KaibanachoQ2 2024Land & building ¥5.5M210 m²1989—
KaibanachoQ2 2024Land ¥5.2M360 m²—¥15K/m²
KaibanachoQ4 2023Land ¥200K160 m²—¥1,300/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Kaibanacho, Matsusaka City is ¥37,500 per m² (about ¥123,967 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Kaibanacho, Matsusaka City going up?

Land prices in Kaibanacho, Matsusaka City have fallen by -0.3% on average over the past year. Over five years the change is -3.6%.

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

The Fudosan Zukan model projects residential land prices to change by -0.4% a year, reaching about ¥36,002 per m² in 10 years (range ¥29,522–¥42,482). 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.