志津川, Minamisanriku Town: property prices and land values

志津川(南三陸町)

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

Avg. residential land price
¥15K/m²
≈ $9/sq ft · 3 sites
#1 of 3 neighborhoods
Avg. commercial land price
¥30K/m²
≈ $17/sq ft · 1 sites
1-year change
−3.6%
Residential −3.9% · commercial −2.6%
5 years / 10 years
−12.1% / −20.1%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
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¥20K/m²¥30K/m²2012201520182021202420272036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.1% a year
¥15K/m²¥14K/m²¥14K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,813/m²–¥14K/m²

志津川, Minamisanriku Town compared with larger areas

AreaAvg. residential≈ USD/sq ft志津川, Minamisanriku Town is1 year5 yearsCondos per m²Index
志津川, Minamisanriku Town ¥15K/m²$9/sq ft −3.6%−12.1% ——
Minamisanriku Town ¥11K/m²$6/sq ft 1.4x−3.7%−12.7% —12
Miyagi ¥77K/m²$45/sq ft 0.19x+2.2%+15.4% —83
Japan ¥120K/m²$70/sq ft 0.12x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 5 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$17/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

Transaction prices

No data No transaction data for this area yet.

Nearby neighborhoods

FAQ

What is the average land price in 志津川, Minamisanriku Town?

The average price of residential land in 志津川, Minamisanriku Town is ¥14,767 per m² (about ¥48,817 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in 志津川, Minamisanriku Town going up?

Land prices in 志津川, Minamisanriku Town have fallen by -3.6% on average over the past year. Over five years the change is -12.1%.

What is the land price forecast for 志津川, Minamisanriku Town?

The Fudosan Zukan model projects residential land prices to change by -2.1% a year, reaching about ¥11,967 per m² in 10 years (range ¥9,813–¥14,121). 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 ¥158.29 = $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.