Shimmachi, Tsu City: property prices and land values

新町(津市)

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

Avg. residential land price
No data
Avg. commercial land price
¥98K/m²
≈ $58/sq ft · 2 sites
1-year change
+0.5%
Residential — · commercial +0.5%
5 years / 10 years
+1.6% / −0.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥19.0M
≈ $121K · 5 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

¥95K/m²¥100K/m²¥105K/m²20062009201220152018202120242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.3% a year
—¥98K/m²¥99K/m²¥99K/m²¥101K/m²

Forecasts are projections, not guarantees. 10-year range: ¥83K/m²–¥119K/m²

Shimmachi, Tsu City compared with larger areas

AreaAvg. residential≈ USD/sq ftShimmachi, Tsu City is1 year5 yearsCondos per m²Index
Shimmachi, Tsu City —— +0.5%+1.6% ——
Tsu City ¥41K/m²$24/sq ft +0.5%+1.3% ¥229K/m²66
Mie ¥35K/m²$21/sq ft +0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$71/sq ft +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 津市新町1丁目240番4外
Land Price Publication 2026
Commercial¥128K/m²$76/sq ft +0.8%津新町
三重県 津市新町2丁目153番4
Land Price Publication 2026
Commercial¥68K/m²$40/sq ft +0.1%津新町
600 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 8 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥19.0M
Land per m² (median)
—

Sales in the loaded period: Land & building 11 · Land 4 · Pre-owned condo 2

DistrictPeriodTypePriceAreaBuiltPer m²
ShimmachiQ1 2026Land & building (contract) ¥15.0M350 m²1988—
ShimmachiQ4 2025Land & building ¥3.1M65 m²1984—
ShimmachiQ4 2025Land ¥36.0M1,400 m²—¥26K/m²
ShimmachiQ4 2025Land ¥28.0M470 m²—¥60K/m²
ShimmachiQ3 2025Pre-owned condo (contract) ¥36.0M90 m²2006¥400K/m²
ShimmachiQ2 2025Land & building (contract) ¥31.0M170 m²2022—
ShimmachiQ2 2025Land & building ¥31.0M165 m²2022—
ShimmachiQ1 2025Land & building ¥19.0M290 m²1990—
ShimmachiQ4 2024Land ¥17.0M350 m²—¥47K/m²
ShimmachiQ4 2024Land & building ¥5.5M200 m²1973—
ShimmachiQ3 2024Land ¥6.9M170 m²—¥40K/m²
ShimmachiQ2 2024Land & building (contract) ¥30.0M180 m²2022—
ShimmachiQ2 2024Pre-owned condo ¥37.0M70 m²2006¥529K/m²
ShimmachiQ1 2024Land & building (contract) ¥25.0M270 m²1989—
ShimmachiQ1 2024Land & building ¥25.0M270 m²1989—
ShimmachiQ1 2024Land & building ¥32.0M470 m²2009—
ShimmachiQ4 2023Land & building ¥24.0M185 m²2015—

Nearby neighborhoods

FAQ

Are land prices in Shimmachi, Tsu City going up?

Land prices in Shimmachi, Tsu City have risen by +0.5% on average over the past year. Over five years the change is +1.6%.

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

The Fudosan Zukan model projects residential land prices to change by +0.3% a year, reaching about ¥100,729 per m² in 10 years (range ¥82,598–¥118,860). 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.