Meiwa Town: property prices and land values

明和町

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

Avg. residential land price
¥18K/m²
≈ $11/sq ft · 5 sites
#1049 of 1795 municipalities in Japan
Avg. commercial land price
¥29K/m²
≈ $17/sq ft · 2 sites
1-year change
−0.5%
Residential −0.5% · commercial −0.4%
5 years / 10 years
−4.7% / −16.7%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥25.0M
≈ $159K · 26 sales
Real Estate Zukan Index
37/100
#1106 in Japan
Total real estate value Estimate
¥133.3 billion
≈ $847.65M · land ¥88.1 billion + buildings ¥45.2 billion
#865 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¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.8% a year
¥18K/m²¥18K/m²¥18K/m²¥18K/m²¥17K/m²

Forecasts are projections, not guarantees. 10-year range: ¥14K/m²–¥20K/m²

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

Total value (market estimate)
¥133.3 billion
≈ $847.65M · 0.01% of Japan
Land (market estimate)
¥88.1 billion
residential land ¥78.9 billion
Buildings (assessed)
¥45.2 billion
20,494 buildings · 2.0 km² floor area
Assessed value (fixed-asset tax)
¥109.6 billion
land ¥64.4 billion · buildings ¥45.2 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥55.2 billion¥78.9 billion5.2 km²¥15K/m²
Other land
farmland, forest, other
¥9.2 billion¥9.2 billion26.0 km²—
Buildings
wooden ¥25.0 billion · non-wooden ¥20.2 billion
¥45.2 billion¥45.2 billion2.0 km² floor—
Total¥109.6 billion¥133.3 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.

Meiwa Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMeiwa Town is1 year5 yearsCondos per m²Index
Meiwa Town ¥18K/m²$11/sq ft −0.5%−4.7% —37
Mie ¥35K/m²$21/sq ft 0.52x+0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft 0.15x+2.1%+8.0% ¥493K/m²—

Neighborhoods 25 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Sata
佐田
¥26K/m² — ±0.0% — — 9
Oaza Myojo
明星
¥23K/m² — ±0.0% −2.6% — 19
Oaza Uninaka
有爾中
¥21K/m² — −0.9% −5.4% — 3
Oaza Oyodoko
大淀甲
¥12K/m² — −0.8% −5.3% — 1
南藤原
南藤原
¥9,800/m² — −1.0% −5.8% — —
Oaza Saikuu
斎宮
— — — — — 8
Oaza Sakamoto
坂本
— — — — — 11
Oaza Umanoue
馬之上
— — — — — 7
Oaza Kongozaka
金剛坂
— ¥35K/m² ±0.0% −4.1% — 5
Oaza Yamaoyodo
山大淀
— — — — — 2
Oaza Minomura
蓑村
— — — — — 3
Oaza Uemura
上村
— — — — — 3
Oaza Shinchaya
新茶屋
— — — — — 1
Oaza Ikemura
池村
— — — — — 2
Oaza Takegawa
竹川
— — — — — 3
Oaza Nakomi
中海
— — — — — 3
Oaza Yukube
行部
— ¥24K/m² −0.8% −5.2% — —
Oaza Oyodo
大淀
— — — — — 1
Oaza Nakamura
中村
— — — — — 1
Oaza Shiki
志貴
— — — — — 1
Oaza Ueno
上野
— — — — — —
Oaza Hirao
平尾
— — — — — 1
Oaza Maeno
前野
— — — — — —
Oaza Myojoko
明星甲
— — — — — 1
Oaza Kitafujiwara
北藤原
— — — — — —

Official land price survey sites highest first · 7 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 多気郡明和町大字金剛坂字宇田817番7外
Land Price Publication 2026
Commercial¥35K/m²$21/sq ft ±0.0%斎宮
1.6 km
三重県 多気郡明和町大字佐田字西増田山939番59
Land Price Publication 2026
Residential¥26K/m²$15/sq ft ±0.0%斎宮
3.1 km
三重県 多気郡明和町大字行部字西浦41番1外
Prefectural Survey 2026
Commercial¥24K/m²$14/sq ft −0.8%店舗、営業所等が散見される国道沿いの路線商業地域
三重県 多気郡明和町大字明星字小迫間2539番38
Land Price Publication 2026
Residential¥23K/m²$13/sq ft ±0.0%明星
1.0 km
三重県 多気郡明和町大字有爾中字桜後1236番65
Prefectural Survey 2026
Residential¥21K/m²$12/sq ft −0.9%中規模の住宅が建ち並ぶ県道背後の熟成した住宅団地地域
三重県 多気郡明和町大字大淀甲字大与度60番
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −0.8%漁家住宅等が建ち並ぶ漁港に近接した既存集落地域
三重県 多気郡明和町大字南藤原字里中592番
Land Price Publication 2026
Residential¥9,800/m²$6/sq ft −1.0%斎宮
6.3 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 85 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥25.0M
Land per m² (median)
¥9,700/m²

Sales in the loaded period: Land 73 · Land & building 60 · Farmland 37 · Forest 5

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza SakamotoQ2 2026Farmland ¥580K550 m²——
Oaza SakamotoQ2 2026Farmland ¥130K125 m²——
Oaza SakamotoQ2 2026Farmland ¥160K155 m²——
Oaza SakamotoQ2 2026Farmland ¥640K125 m²——
Oaza SakamotoQ2 2026Farmland ¥120K100 m²——
Oaza SakamotoQ2 2026Farmland ¥140K130 m²——
Oaza SakamotoQ2 2026Farmland ¥150K450 m²——
Oaza SakamotoQ2 2026Farmland ¥1.7M1,100 m²——
Oaza SakamotoQ2 2026Land ¥150K165 m²—¥900/m²
Oaza KongozakaQ2 2026Land ¥15.0M980 m²—¥15K/m²
Oaza SaikuuQ2 2026Land & building ¥14.0M220 m²2022—
Oaza MyojokoQ2 2026Farmland ¥2.5M2,500 m²——
Oaza UemuraQ2 2026Land ¥3.5M230 m²—¥15K/m²
Oaza MyojoQ2 2026Farmland ¥700K250 m²——
Oaza MyojoQ2 2026Land & building ¥5.0M200 m²1997—
Oaza OyodokoQ2 2026Land ¥6.6M9,999 m²—¥1,600/m²
Oaza KongozakaQ1 2026Land & building ¥9.0M170 m²2002—
Oaza UninakaQ1 2026Land & building ¥2.0M240 m²1968—
Oaza SataQ1 2026Farmland ¥1.4M2,800 m²——
Oaza SaikuuQ1 2026Land ¥7.9M330 m²—¥24K/m²

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

Market activity
36
1-year growth
43
5-year growth
35
10-year growth
22
Price level
42

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 Meiwa Town?

The average price of residential land in Meiwa Town is ¥18,320 per m² (about ¥60,562 per tsubo), based on 5 sites in the official land price surveys (2026).

Are land prices in Meiwa Town going up?

Land prices in Meiwa Town have fallen by -0.5% on average over the past year. Over five years the change is -4.7%.

What is the land price forecast for Meiwa Town?

The Fudosan Zukan model projects residential land prices to change by -0.8% a year, reaching about ¥16,992 per m² in 10 years (range ¥13,933–¥20,051). Forecasts are projections, not guarantees.

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

About ¥133.3 billion: land ¥88.1 billion and buildings ¥45.2 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥109.6 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.