Karasucho, Tsu City: property prices and land values

香良洲町(津市)

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

Avg. residential land price
¥14K/m²
≈ $8/sq ft · 2 sites
#54 of 62 neighborhoods
Avg. commercial land price
No data
1-year change
−1.4%
Residential −1.4% · commercial —
5 years / 10 years
−8.0% / −23.2%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥6.0M
≈ $38K · 9 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

¥10K/m²¥15K/m²¥20K/m²¥25K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.4% a year
¥14K/m²¥14K/m²¥13K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,887/m²–¥14K/m²

Karasucho, Tsu City compared with larger areas

AreaAvg. residential≈ USD/sq ftKarasucho, Tsu City is1 year5 yearsCondos per m²Index
Karasucho, Tsu City ¥14K/m²$8/sq ft −1.4%−8.0% ——
Tsu City ¥41K/m²$24/sq ft 0.34x+0.5%+1.3% ¥229K/m²66
Mie ¥35K/m²$21/sq ft 0.40x+0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft 0.12x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 津市香良洲町字西ノ宮25番12
Land Price Publication 2026
Residential¥16K/m²$9/sq ft −1.2%高茶屋
3.5 km
三重県 津市香良洲町字野中676番1外
Land Price Publication 2026
Residential¥12K/m²$7/sq ft −1.7%高茶屋
3.9 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 12 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥6.0M
Land per m² (median)
¥1,600/m²

Sales in the loaded period: Land & building 15 · Land 10 · Farmland 1

DistrictPeriodTypePriceAreaBuiltPer m²
KarasuchoQ2 2026Land ¥1.0M620 m²—¥1,600/m²
KarasuchoQ2 2026Land & building ¥7.7M230 m²2010—
KarasuchoQ2 2026Land & building ¥6.0M1,400 m²1966—
KarasuchoQ4 2025Land & building (contract) ¥7.5M320 m²1991—
KarasuchoQ3 2025Land & building (contract) ¥2.0M480 m²1976—
KarasuchoQ3 2025Land & building (contract) ¥7.5M320 m²1991—
KarasuchoQ3 2025Land & building ¥1.0M100 m²——
KarasuchoQ3 2025Land & building ¥2.0M480 m²1976—
KarasuchoQ2 2025Land & building ¥2.5M95 m²1979—
KarasuchoQ2 2025Land ¥150K150 m²—¥1,000/m²
KarasuchoQ2 2025Land & building (contract) ¥20.0M710 m²2005—
KarasuchoQ1 2025Land ¥6.0M420 m²—¥14K/m²
KarasuchoQ4 2024Land ¥350K85 m²—¥4,200/m²
KarasuchoQ4 2024Land ¥240K140 m²—¥1,700/m²
KarasuchoQ3 2024Land ¥1.2M1,000 m²—¥1,200/m²
KarasuchoQ3 2024Land ¥200K430 m²—¥470/m²
KarasuchoQ2 2024Farmland ¥100K340 m²——
KarasuchoQ2 2024Land ¥800K300 m²—¥2,700/m²
KarasuchoQ2 2024Land & building ¥2.7M135 m²——
KarasuchoQ2 2024Land ¥500K620 m²—¥800/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Karasucho, Tsu City is ¥13,850 per m² (about ¥45,785 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Karasucho, Tsu City going up?

Land prices in Karasucho, Tsu City have fallen by -1.4% on average over the past year. Over five years the change is -8.0%.

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

The Fudosan Zukan model projects residential land prices to change by -1.4% a year, reaching about ¥12,057 per m² in 10 years (range ¥9,887–¥14,227). 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.