Minamisanriku Town: property prices and land values

南三陸町

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

Avg. residential land price
¥11K/m²
≈ $6/sq ft · 7 sites
#1369 of 1795 municipalities in Japan
Avg. commercial land price
¥30K/m²
≈ $18/sq ft · 1 sites
1-year change
−3.7%
Residential −3.8% · commercial −2.6%
5 years / 10 years
−12.7% / −19.2%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
12/100
#1647 in Japan
Total real estate value Estimate
¥62.2 billion
≈ $394.08M · land ¥31.8 billion + buildings ¥30.5 billion
#1117 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¥10K/m²¥20K/m²¥30K/m²2012201520182021202420272036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.1% a year
¥11K/m²¥11K/m²¥10K/m²¥9,671/m²¥8,684/m²

Forecasts are projections, not guarantees. 10-year range: ¥7,121/m²–¥10K/m²

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

Total value (market estimate)
¥62.2 billion
≈ $394.08M · 0.00% of Japan
Land (market estimate)
¥31.8 billion
residential land ¥26.5 billion
Buildings (assessed)
¥30.5 billion
7,997 buildings · 96.7 ha floor area
Assessed value (fixed-asset tax)
¥54.3 billion
land ¥23.8 billion · buildings ¥30.5 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥18.6 billion¥26.5 billion3.6 km²¥7,413/m²
Other land
farmland, forest, other
¥5.3 billion¥5.3 billion93.9 km²—
Buildings
wooden ¥18.5 billion · non-wooden ¥12.0 billion
¥30.5 billion¥30.5 billion96.7 ha floor—
Total¥54.3 billion¥62.2 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.

Minamisanriku Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamisanriku Town is1 year5 yearsCondos per m²Index
Minamisanriku Town ¥11K/m²$6/sq ft −3.7%−12.7% —12
Miyagi ¥77K/m²$45/sq ft 0.14x+2.2%+15.4% —83
Japan ¥120K/m²$70/sq ft 0.09x+2.1%+8.0% ¥493K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
志津川
志津川
¥15K/m² ¥30K/m² −3.6% −12.1% — —
歌津
歌津
¥7,933/m² — −3.7% −13.6% — —
戸倉
戸倉
¥7,300/m² — −3.9% −12.6% — —

Official land price survey sites highest first · 9 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 本吉郡南三陸町志津川字十日町207番1外
Prefectural Survey 2026
Commercial¥30K/m²$18/sq ft −2.6%土地区画整理事業地内の国道沿いの商業地域
宮城県 本吉郡南三陸町志津川字沼田100番39
Land Price Publication 2026
Residential¥17K/m²$10/sq ft −3.4%柳津
20.0 km
宮城県 本吉郡南三陸町志津川字沼田150番79
Land Price Publication 2026
Industrial¥15K/m²$9/sq ft −2.0%柳津
20.0 km
宮城県 本吉郡南三陸町志津川字廻館15番149
Land Price Publication 2026
Residential¥14K/m²$8/sq ft −4.2%柳津
19.0 km
宮城県 本吉郡南三陸町志津川字大森128番5
Prefectural Survey 2026
Residential¥14K/m²$8/sq ft −4.2%中、小規模住宅が建ち並ぶ傾斜地上の住宅地域
宮城県 本吉郡南三陸町歌津字枡沢88番16
Prefectural Survey 2026
Residential¥11K/m²$6/sq ft −3.6%一般住宅が多い国道45号に隣接した中規模住宅地域
宮城県 本吉郡南三陸町歌津字吉野沢61番131
Prefectural Survey 2026
Residential¥8,300/m²$5/sq ft −3.5%一般住宅が建ち並ぶ山間部の中規模な住宅地域
宮城県 本吉郡南三陸町戸倉字町22番
Prefectural Survey 2026
Residential¥7,300/m²$4/sq ft −3.9%一般住宅のほか店舗等も見られる国道沿いの住宅地域
宮城県 本吉郡南三陸町歌津字中野91番15
Prefectural Survey 2026
Residential¥4,700/m²$3/sq ft −4.1%農家住宅と一般住宅が混在した小規模な農村集落地域

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
7
10-year growth
16
Price level
24

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 Minamisanriku Town?

The average price of residential land in Minamisanriku Town is ¥10,771 per m² (about ¥35,607 per tsubo), based on 7 sites in the official land price surveys (2026).

Are land prices in Minamisanriku Town going up?

Land prices in Minamisanriku Town have fallen by -3.7% on average over the past year. Over five years the change is -12.7%.

What is the land price forecast for Minamisanriku Town?

The Fudosan Zukan model projects residential land prices to change by -2.1% a year, reaching about ¥8,684 per m² in 10 years (range ¥7,121–¥10,247). Forecasts are projections, not guarantees.

What is the total value of real estate in Minamisanriku Town?

About ¥62.2 billion: land ¥31.8 billion and buildings ¥30.5 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥54.3 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 ¥157.9 = $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.