Mikisatocho, Owase City: property prices and land values

三木里町(尾鷲市)

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

Avg. residential land price
¥9,180/m²
≈ $5/sq ft · 1 sites
#5 of 5 neighborhoods
Avg. commercial land price
No data
1-year change
−1.5%
Residential −1.5% · commercial —
5 years / 10 years
−8.2% / −27.1%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
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

¥5,000/m²¥10K/m²¥15K/m²¥20K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.1% a year
¥9,180/m²¥9,080/m²¥8,883/m²¥8,690/m²¥8,226/m²

Forecasts are projections, not guarantees. 10-year range: ¥6,745/m²–¥9,707/m²

Mikisatocho, Owase City compared with larger areas

AreaAvg. residential≈ USD/sq ftMikisatocho, Owase City is1 year5 yearsCondos per m²Index
Mikisatocho, Owase City ¥9,180/m²$5/sq ft −1.5%−8.2% ——
Owase City ¥20K/m²$12/sq ft 0.46x−0.9%−6.4% —31
Mie ¥35K/m²$21/sq ft 0.26x+0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft 0.08x+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 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 · 3 sales

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

Sales in the loaded period: Land & building 3 · Land 3 · Forest 1

DistrictPeriodTypePriceAreaBuiltPer m²
MikisatochoQ2 2026Land & building ¥500K150 m²1989—
MikisatochoQ1 2026Land ¥1.0M1,400 m²—¥710/m²
MikisatochoQ3 2025Land & building ¥3.0M240 m²1963—
MikisatochoQ3 2024Land & building ¥600K9,999 m²——
MikisatochoQ2 2024Land ¥1.4M600 m²—¥2,300/m²
MikisatochoQ2 2024Land ¥12.0M9,999 m²—¥5,500/m²
MikisatochoQ1 2024Forest ¥300K4,500 m²——

Nearby neighborhoods

FAQ

What is the average land price in Mikisatocho, Owase City?

The average price of residential land in Mikisatocho, Owase City is ¥9,180 per m² (about ¥30,347 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Mikisatocho, Owase City going up?

Land prices in Mikisatocho, Owase City have fallen by -1.5% on average over the past year. Over five years the change is -8.2%.

What is the land price forecast for Mikisatocho, Owase City?

The Fudosan Zukan model projects residential land prices to change by -1.1% a year, reaching about ¥8,226 per m² in 10 years (range ¥6,745–¥9,707). 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.