Owase City: property prices and land values

尾鷲市

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

Avg. residential land price
¥20K/m²
≈ $12/sq ft · 6 sites
#979 of 1795 municipalities in Japan
Avg. commercial land price
¥44K/m²
≈ $26/sq ft · 4 sites
1-year change
−0.9%
Residential −0.9% · commercial −0.9%
5 years / 10 years
−6.4% / −21.4%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥1.8M
≈ $11K · 13 sales
Real Estate Zukan Index
31/100
#1253 in Japan
Total real estate value Estimate
¥75.7 billion
≈ $481.66M · land ¥52.3 billion + buildings ¥23.4 billion
#1058 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/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.1% a year
¥20K/m²¥20K/m²¥19K/m²¥19K/m²¥18K/m²

Forecasts are projections, not guarantees. 10-year range: ¥15K/m²–¥21K/m²

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

Total value (market estimate)
¥75.7 billion
≈ $481.66M · 0.01% of Japan
Land (market estimate)
¥52.3 billion
residential land ¥46.1 billion
Buildings (assessed)
¥23.4 billion
15,226 buildings · 1.4 km² floor area
Assessed value (fixed-asset tax)
¥61.9 billion
land ¥38.5 billion · buildings ¥23.4 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥32.3 billion¥46.1 billion3.0 km²¥16K/m²
Other land
farmland, forest, other
¥6.2 billion¥6.2 billion49.3 km²—
Buildings
wooden ¥12.2 billion · non-wooden ¥11.3 billion
¥23.4 billion¥23.4 billion1.4 km² floor—
Total¥61.9 billion¥75.7 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.

Owase City compared with larger areas

AreaAvg. residential≈ USD/sq ftOwase City is1 year5 yearsCondos per m²Index
Owase City ¥20K/m²$12/sq ft −0.9%−6.4% —31
Mie ¥35K/m²$21/sq ft 0.57x+0.2%−0.3% ¥241K/m²45
Japan ¥120K/m²$71/sq ft 0.17x+2.1%+8.0% ¥494K/m²—

Neighborhoods 16 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Kuranotanicho
倉ノ谷町
¥32K/m² — −0.6% −4.5% — 1
瀬木山町
瀬木山町
¥28K/m² — −0.7% −6.4% — —
Kogawahigashimachi
小川東町
¥20K/m² — −1.0% −7.1% — —
Oaza Temmaura
天満浦
¥11K/m² — −0.9% −5.0% — 2
Mikisatocho
三木里町
¥9,180/m² — −1.5% −8.2% — 2
Sakaemachi
栄町
— — — — — 4
Yanohama
矢浜
— — — — — 3
Asahicho
朝日町
— ¥31K/m² −1.0% −6.6% — 3
Hikarigaoka
光ケ丘
— — — — — 2
Sonecho
曽根町
— — — — — 1
Hayashimachi
林町
— — — — — 1
Furuecho
古江町
— — — — — 1
Shindencho
新田町
— — — — — 1
古戸野町
古戸野町
— ¥48K/m² −0.8% −5.3% — —
Nojimachi
野地町
— ¥44K/m² −1.1% −8.0% — —
Suehirocho
末広町
— ¥52K/m² −0.8% −5.8% — —

Official land price survey sites highest first · 10 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 尾鷲市末広町1057番20
Land Price Publication 2026
Commercial¥52K/m²$31/sq ft −0.8%尾鷲
900 m
三重県 尾鷲市古戸野町955番17
Prefectural Survey 2026
Commercial¥48K/m²$29/sq ft −0.8%中規模の店舗等が集まる国道沿いの路線商業地域
三重県 尾鷲市野地町589番11外
Land Price Publication 2026
Commercial¥44K/m²$26/sq ft −1.1%尾鷲
210 m
三重県 尾鷲市倉ノ谷町1050番45
Land Price Publication 2026
Residential¥32K/m²$19/sq ft −0.6%尾鷲
1.1 km
三重県 尾鷲市朝日町126番外
Prefectural Survey 2026
Commercial¥31K/m²$18/sq ft −1.0%店舗兼住宅が多く見られる幹線道路沿いの商業地域
三重県 尾鷲市瀬木山町384番1
Land Price Publication 2026
Residential¥28K/m²$16/sq ft −0.7%尾鷲
1.3 km
三重県 尾鷲市小川東町722番9
Land Price Publication 2026
Residential¥20K/m²$12/sq ft −1.0%尾鷲
1.1 km
三重県 尾鷲市小川東町722番9
Prefectural Survey 2026
Residential¥20K/m²$12/sq ft −1.0%一般住宅が密集する既成住宅地域
三重県 尾鷲市大字天満浦字脇ノ浜1604番1
Prefectural Survey 2026
Residential¥11K/m²$7/sq ft −0.9%漁港背後の造船所なども混在する住宅地域
三重県 尾鷲市三木里町字里298番
Prefectural Survey 2026
Residential¥9,180/m²$5/sq ft −1.5%一般住宅のほかに店舗等が混在する国道沿いの住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 21 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥1.8M
Land per m² (median)
¥4,900/m²

Sales in the loaded period: Land & building 59 · Land 29 · Forest 5 · Farmland 2

DistrictPeriodTypePriceAreaBuiltPer m²
YanohamaQ2 2026Land & building ¥3.3M145 m²1962—
SakaemachiQ2 2026Land & building ¥1.2M85 m²1968—
SakaemachiQ2 2026Land & building ¥500K90 m²——
MikisatochoQ2 2026Land & building ¥500K150 m²1989—
HikarigaokaQ2 2026Land & building ¥43.0M350 m²2013—
SonechoQ2 2026Land & building ¥500K170 m²1963—
SakaemachiQ1 2026Land & building ¥26.0M220 m²——
AsahichoQ1 2026Land & building ¥1.8M250 m²1974—
MikisatochoQ1 2026Land ¥1.0M1,400 m²—¥710/m²
KuranotanichoQ1 2026Land & building ¥35.0M260 m²2026—
HikarigaokaQ1 2026Land ¥1.5M155 m²—¥9,600/m²
Oaza TemmauraQ1 2026Land ¥1.5M570 m²—¥2,600/m²
Oaza TemmauraQ1 2026Land ¥6.6M9,999 m²—¥2,400/m²
YanohamaQ4 2025Land ¥90.0M9,999 m²—¥7,100/m²
YanohamaQ4 2025Land & building ¥3.3M145 m²1962—
ShindenchoQ4 2025Land ¥9.5M280 m²—¥34K/m²
SakaemachiQ4 2025Land & building ¥6.0M75 m²1985—
AsahichoQ4 2025Land ¥200K75 m²—¥2,700/m²
AsahichoQ4 2025Land ¥1.0M75 m²—¥13K/m²
FuruechoQ4 2025Land & building ¥40K70 m²——

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

Market activity
23
1-year growth
32
5-year growth
26
10-year growth
12
Price level
45

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 Owase City?

The average price of residential land in Owase City is ¥20,030 per m² (about ¥66,215 per tsubo), based on 6 sites in the official land price surveys (2026).

Are land prices in Owase City going up?

Land prices in Owase City have fallen by -0.9% on average over the past year. Over five years the change is -6.4%.

What is the land price forecast for Owase City?

The Fudosan Zukan model projects residential land prices to change by -1.1% a year, reaching about ¥17,949 per m² in 10 years (range ¥14,718–¥21,180). Forecasts are projections, not guarantees.

What is the total value of real estate in Owase City?

About ¥75.7 billion: land ¥52.3 billion and buildings ¥23.4 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥61.9 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.