Kesennuma City: property prices and land values

気仙沼市

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 · 16 sites
#994 of 1795 municipalities in Japan
Avg. commercial land price
¥42K/m²
≈ $25/sq ft · 4 sites
1-year change
−3.7%
Residential −3.6% · commercial −4.4%
5 years / 10 years
−14.4% / −19.9%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
18/100
#1535 in Japan
Total real estate value Estimate
¥364.5 billion
≈ $2.3B · land ¥234.0 billion + buildings ¥130.5 billion
#499 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/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.3% a year
¥20K/m²¥19K/m²¥18K/m²¥18K/m²¥16K/m²

Forecasts are projections, not guarantees. 10-year range: ¥13K/m²–¥18K/m²

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

Total value (market estimate)
¥364.5 billion
≈ $2.3B · 0.03% of Japan
Land (market estimate)
¥234.0 billion
residential land ¥215.5 billion
Buildings (assessed)
¥130.5 billion
47,402 buildings · 5.0 km² floor area
Assessed value (fixed-asset tax)
¥299.8 billion
land ¥169.3 billion · buildings ¥130.5 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥150.9 billion¥215.5 billion14.9 km²¥14K/m²
Other land
farmland, forest, other
¥18.5 billion¥18.5 billion146.3 km²—
Buildings
wooden ¥68.5 billion · non-wooden ¥62.0 billion
¥130.5 billion¥130.5 billion5.0 km² floor—
Total¥299.8 billion¥364.5 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.

Kesennuma City compared with larger areas

AreaAvg. residential≈ USD/sq ftKesennuma City is1 year5 yearsCondos per m²Index
Kesennuma City ¥20K/m²$12/sq ft −3.7%−14.4% —18
Miyagi ¥77K/m²$45/sq ft 0.26x+2.2%+15.4% —83
Japan ¥120K/m²$71/sq ft 0.17x+2.1%+8.0% ¥493K/m²—

Neighborhoods 21 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
上田中
上田中
¥43K/m² — −2.3% −12.2% — —
東新城
東新城
¥41K/m² — −3.1% −12.5% — —
南郷
南郷
¥33K/m² — −4.1% −9.6% — —
九条
九条
¥28K/m² — −3.1% −13.4% — —
中みなと町
中みなと町
¥23K/m² — −4.5% −14.1% — —
赤岩牧沢
赤岩牧沢
¥21K/m² — −2.3% −10.1% — —
松崎萱
松崎萱
¥21K/m² — −4.1% −16.9% — —
長磯鳥子沢
長磯鳥子沢
¥19K/m² — −3.1% −11.6% — —
岩月長平
岩月長平
¥17K/m² — −3.9% −16.5% — —
長崎
長崎
¥15K/m² — −1.3% −6.3% — —
滝の入
滝の入
¥13K/m² — −3.7% −15.6% — —
本吉町長根
本吉町長根
¥11K/m² — −5.0% −22.4% — —
唐桑町馬場
唐桑町馬場
¥11K/m² — −3.5% −13.3% — —
本吉町赤牛
本吉町赤牛
¥8,000/m² — −4.8% −23.1% — —
唐桑町松圃
唐桑町松圃
¥6,860/m² — −3.1% −13.2% — —
本吉町馬籠町
本吉町馬籠町
¥4,550/m² — −5.2% −22.9% — —
四反田
四反田
— ¥49K/m² −3.0% −10.6% — —
赤岩港
赤岩港
— — — −8.6% — —
本吉町津谷松岡
本吉町津谷松岡
— ¥14K/m² −5.5% −24.3% — —
魚町
魚町
— ¥44K/m² −5.4% — — —
田中前
田中前
— ¥62K/m² −3.8% −7.3% — —

Official land price survey sites highest first · 21 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 気仙沼市田中前2丁目2番6
Prefectural Survey 2026
Commercial¥62K/m²$37/sq ft −3.8%小売店舗、事業所等が建ち並ぶ路線商業地域
宮城県 気仙沼市四反田152番
Prefectural Survey 2026
Commercial¥49K/m²$29/sq ft −3.0%中規模小売店舗等が集積する商業地域
宮城県 気仙沼市魚町2丁目411番
Land Price Publication 2026
Commercial¥44K/m²$26/sq ft −5.4%気仙沼
1.6 km
宮城県 気仙沼市上田中1丁目6番3
Land Price Publication 2026
Residential¥43K/m²$25/sq ft −2.3%気仙沼
3.6 km
宮城県 気仙沼市東新城1丁目5番4
Land Price Publication 2026
Residential¥41K/m²$24/sq ft −3.1%気仙沼
1.4 km
宮城県 気仙沼市南郷11番17
Land Price Publication 2026
Residential¥33K/m²$19/sq ft −4.1%気仙沼
2.5 km
宮城県 気仙沼市九条333番5外
Prefectural Survey 2026
Residential¥28K/m²$16/sq ft −3.1%一般住宅が建ち並ぶ郊外丘陵の住宅地域
宮城県 気仙沼市中みなと町308番
Prefectural Survey 2026
Residential¥23K/m²$14/sq ft −4.5%一般住宅が建ち並ぶ区画整理済みの住宅地域
宮城県 気仙沼市赤岩牧沢44番30
Prefectural Survey 2026
Residential¥21K/m²$13/sq ft −2.3%一般住宅の中に空地も見られる高台の住宅地域
宮城県 気仙沼市松崎萱102番23
Land Price Publication 2026
Residential¥21K/m²$12/sq ft −4.1%気仙沼
4.3 km
宮城県 気仙沼市長磯鳥子沢40番13
Prefectural Survey 2026
Residential¥19K/m²$11/sq ft −3.1%中規模一般住宅が建ち並ぶ住宅地域
宮城県 気仙沼市岩月長平81番21
Land Price Publication 2026
Residential¥17K/m²$10/sq ft −3.9%気仙沼
8.0 km
宮城県 気仙沼市赤岩港23番1外
Prefectural Survey 2026
Industrial¥17K/m²$10/sq ft −3.4%水産加工工場等が建ち並ぶ工業地域
宮城県 気仙沼市長崎190番2外
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −1.3%県道沿いに一般住宅、併用住宅、学校等が建ち並ぶ地域
宮城県 気仙沼市本吉町津谷松岡18番
Prefectural Survey 2026
Commercial¥14K/m²$8/sq ft −5.5%国道沿いに小売店舗等の連たんする商業地域
宮城県 気仙沼市滝の入10番42
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft −3.7%中小規模の一般住宅が建ち並ぶ傾斜地の住宅地域
宮城県 気仙沼市本吉町長根138番5
Prefectural Survey 2026
Residential¥11K/m²$7/sq ft −5.0%一般住宅のほか農地、山林も見られる高台の住宅地域
宮城県 気仙沼市唐桑町馬場182番8外
Prefectural Survey 2026
Residential¥11K/m²$7/sq ft −3.5%中規模の一般住宅、店舗、公共施設等が見られる住宅地域
宮城県 気仙沼市本吉町赤牛32番2外
Prefectural Survey 2026
Residential¥8,000/m²$5/sq ft −4.8%一般住宅、農家住宅のほか畑等も見られる住宅地域
宮城県 気仙沼市唐桑町松圃106番10
Prefectural Survey 2026
Residential¥6,860/m²$4/sq ft −3.1%中規模一般住宅のほか、畑等も見られる住宅地域
宮城県 気仙沼市本吉町馬籠町50番1
Prefectural Survey 2026
Residential¥4,550/m²$3/sq ft −5.2%山間の国道沿いに一般住宅、店舗併用住宅等が建ち並ぶ住宅地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
1
5-year growth
5
10-year growth
15
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 Kesennuma City?

The average price of residential land in Kesennuma City is ¥19,738 per m² (about ¥65,250 per tsubo), based on 16 sites in the official land price surveys (2026).

Are land prices in Kesennuma City going up?

Land prices in Kesennuma City have fallen by -3.7% on average over the past year. Over five years the change is -14.4%.

What is the land price forecast for Kesennuma City?

The Fudosan Zukan model projects residential land prices to change by -2.3% a year, reaching about ¥15,618 per m² in 10 years (range ¥12,807–¥18,429). Forecasts are projections, not guarantees.

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

About ¥364.5 billion: land ¥234.0 billion and buildings ¥130.5 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥299.8 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.