Iwata, Tsu City: property prices and land values

岩田(津市)

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

Avg. residential land price
¥58K/m²
≈ $35/sq ft · 1 sites
#13 of 62 neighborhoods
Avg. commercial land price
No data
1-year change
+0.7%
Residential +0.7% · commercial —
5 years / 10 years
+2.5% / −1.2%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥21.5M
≈ $137K · 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

¥55K/m²¥60K/m²¥65K/m²¥70K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.2% a year
¥58K/m²¥59K/m²¥59K/m²¥59K/m²¥60K/m²

Forecasts are projections, not guarantees. 10-year range: ¥49K/m²–¥70K/m²

Iwata, Tsu City compared with larger areas

AreaAvg. residential≈ USD/sq ftIwata, Tsu City is1 year5 yearsCondos per m²Index
Iwata, Tsu City ¥58K/m²$35/sq ft +0.7%+2.5% ——
Tsu City ¥41K/m²$24/sq ft 1.4x+0.5%+1.3% ¥224K/m²66
Mie ¥35K/m²$21/sq ft 1.7x+0.2%−0.3% ¥241K/m²45
Japan ¥120K/m²$71/sq ft 0.49x+2.1%+8.0% ¥494K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 津市岩田251番
Land Price Publication 2026
Residential¥58K/m²$35/sq ft +0.7%津新町
1.1 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 4 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥21.5M
Land per m² (median)
—

Sales in the loaded period: Land & building 5 · Pre-owned condo 3 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
IwataQ2 2026Land & building (contract) ¥14.0M130 m²2006—
IwataQ4 2025Land & building (contract) ¥29.0M185 m²——
IwataQ4 2025Land & building ¥36.0M450 m²2005—
IwataQ4 2025Land & building ¥8.5M175 m²1969—
IwataQ1 2025Pre-owned condo (contract) ¥18.0M95 m²2003¥189K/m²
IwataQ1 2025Pre-owned condo ¥16.0M85 m²2003¥188K/m²
IwataQ1 2025Land & building ¥7.0M180 m²2000—
IwataQ4 2024Pre-owned condo (contract) ¥18.0M95 m²2003¥189K/m²
IwataQ3 2024Land ¥9.5M185 m²—¥51K/m²

Nearby neighborhoods

FAQ

What is the average land price in Iwata, Tsu City?

The average price of residential land in Iwata, Tsu City is ¥58,400 per m² (about ¥193,058 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Iwata, Tsu City going up?

Land prices in Iwata, Tsu City have risen by +0.7% on average over the past year. Over five years the change is +2.5%.

What is the land price forecast for Iwata, Tsu City?

The Fudosan Zukan model projects residential land prices to change by +0.2% a year, reaching about ¥59,721 per m² in 10 years (range ¥48,971–¥70,471). 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.