Mihama Town: property prices and land values

御浜町

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 · 4 sites
#1063 of 1795 municipalities in Japan
Avg. commercial land price
¥23K/m²
≈ $14/sq ft · 1 sites
1-year change
−0.6%
Residential −0.5% · commercial −0.9%
5 years / 10 years
−4.9% / −20.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥3.0M
≈ $19K · 18 sales
Real Estate Zukan Index
33/100
#1209 in Japan
Total real estate value Estimate
¥34.0 billion
≈ $215.91M · land ¥22.6 billion + buildings ¥11.4 billion
#1298 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

¥10K/m²¥20K/m²¥30K/m²¥40K/m²¥50K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.9% a year
¥18K/m²¥18K/m²¥18K/m²¥17K/m²¥17K/m²

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

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

Total value (market estimate)
¥34.0 billion
≈ $215.91M · 0.00% of Japan
Land (market estimate)
¥22.6 billion
residential land ¥19.6 billion
Buildings (assessed)
¥11.4 billion
10,805 buildings · 72.3 ha floor area
Assessed value (fixed-asset tax)
¥28.1 billion
land ¥16.7 billion · buildings ¥11.4 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥13.7 billion¥19.6 billion2.0 km²¥9,584/m²
Other land
farmland, forest, other
¥3.0 billion¥3.0 billion58.6 km²—
Buildings
wooden ¥7.8 billion · non-wooden ¥3.5 billion
¥11.4 billion¥11.4 billion72.3 ha floor—
Total¥28.1 billion¥34.0 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.

Mihama Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMihama Town is1 year5 yearsCondos per m²Index
Mihama Town ¥18K/m²$11/sq ft −0.6%−4.9% —33
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 10 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Atawa
阿田和
¥20K/m² ¥23K/m² −0.8% −5.3% — 13
Oaza Shihara
志原
¥16K/m² — −0.2% −4.4% — 14
Oaza Shimoichigi
下市木
— — — — — 6
Oaza Konogi
神木
— — — — — 2
Oaza Kakihara
柿原
— — — — — —
Oaza Kamiichigi
上市木
— — — — — 2
Oaza Uwano
上野
— — — — — 2
Oaza Nakadachi
中立
— — — — — —
Oaza Kawase
川瀬
— — — — — —
Oaza Sakamoto
阪本
— — — — — 1

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 南牟婁郡御浜町大字阿田和字垣ノ内5014番41
Prefectural Survey 2026
Residential¥24K/m²$14/sq ft −0.8%一般住宅、事務所等が混在する住宅地域
三重県 南牟婁郡御浜町大字阿田和字端地4265番
Prefectural Survey 2026
Commercial¥23K/m²$14/sq ft −0.9%小売店舗、金融機関のほか、住宅も見られる既成商業地域
三重県 南牟婁郡御浜町大字志原字平見1845番52
Land Price Publication 2026
Residential¥19K/m²$11/sq ft −0.5%神志山
620 m
三重県 南牟婁郡御浜町大字阿田和字平見6097番2
Land Price Publication 2026
Residential¥16K/m²$10/sq ft −0.6%阿田和
1.2 km
三重県 南牟婁郡御浜町大字志原字平見1983番1
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft ±0.0%一般住宅及び農家住宅が点在する住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 40 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥3.0M
Land per m² (median)
¥4,100/m²

Sales in the loaded period: Land & building 30 · Farmland 18 · Land 16 · Forest 12

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza AtawaQ2 2026Land & building ¥3.0M300 m²——
Oaza AtawaQ2 2026Land ¥1.5M1,300 m²—¥1,100/m²
Oaza AtawaQ2 2026Land ¥50K520 m²—¥97/m²
Oaza ShiharaQ2 2026Land & building ¥6.5M175 m²1998—
Oaza ShimoichigiQ1 2026Farmland ¥100K480 m²——
Oaza ShimoichigiQ1 2026Farmland ¥200K1,100 m²——
Oaza ShimoichigiQ1 2026Farmland ¥100K620 m²——
Oaza KamiichigiQ1 2026Farmland ¥2.5M8,888 m²——
Oaza ShiharaQ1 2026Land ¥8.0M420 m²—¥19K/m²
Oaza ShiharaQ1 2026Land & building ¥2.0M9,999 m²1984—
Oaza SakamotoQ1 2026Land & building ¥5.5M510 m²2001—
Oaza KonogiQ1 2026Farmland ¥2.5M8,888 m²——
Oaza KonogiQ1 2026Land & building ¥2.1M450 m²1974—
Oaza ShimoichigiQ4 2025Farmland ¥400K730 m²——
Oaza ShimoichigiQ4 2025Land & building ¥500K220 m²1993—
Oaza UwanoQ4 2025Land & building ¥250K105 m²——
Oaza AtawaQ4 2025Forest ¥300K230 m²——
Oaza AtawaQ4 2025Land ¥500K1,000 m²—¥480/m²
Oaza AtawaQ4 2025Land ¥3.0M840 m²—¥3,600/m²
Oaza AtawaQ4 2025Land ¥5.0M1,100 m²—¥4,600/m²

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

Market activity
20
1-year growth
41
5-year growth
34
10-year growth
15
Price level
41

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 Mihama Town?

The average price of residential land in Mihama Town is ¥18,050 per m² (about ¥59,669 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Mihama Town going up?

Land prices in Mihama Town have fallen by -0.6% on average over the past year. Over five years the change is -4.9%.

What is the land price forecast for Mihama Town?

The Fudosan Zukan model projects residential land prices to change by -0.9% a year, reaching about ¥16,564 per m² in 10 years (range ¥13,582–¥19,546). Forecasts are projections, not guarantees.

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

About ¥34.0 billion: land ¥22.6 billion and buildings ¥11.4 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥28.1 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.