Ogawara Town: property prices and land values

大河原町

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

Avg. residential land price
¥36K/m²
≈ $21/sq ft · 5 sites
#628 of 1795 municipalities in Japan
Avg. commercial land price
¥44K/m²
≈ $26/sq ft · 2 sites
1-year change
+0.3%
Residential +0.4% · commercial +0.2%
5 years / 10 years
+7.8% / +17.7%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
70/100
#440 in Japan
Total real estate value Estimate
¥158.8 billion
≈ $1.0B · land ¥111.2 billion + buildings ¥47.6 billion
#799 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

¥20K/m²¥30K/m²¥40K/m²¥50K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.1% a year
¥36K/m²¥37K/m²¥38K/m²¥38K/m²¥41K/m²

Forecasts are projections, not guarantees. 10-year range: ¥33K/m²–¥48K/m²

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

Total value (market estimate)
¥158.8 billion
≈ $1.0B · 0.01% of Japan
Land (market estimate)
¥111.2 billion
residential land ¥108.8 billion
Buildings (assessed)
¥47.6 billion
14,253 buildings · 1.6 km² floor area
Assessed value (fixed-asset tax)
¥126.1 billion
land ¥78.5 billion · buildings ¥47.6 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥76.2 billion¥108.8 billion4.3 km²¥25K/m²
Other land
farmland, forest, other
¥2.4 billion¥2.4 billion15.1 km²—
Buildings
wooden ¥28.7 billion · non-wooden ¥18.9 billion
¥47.6 billion¥47.6 billion1.6 km² floor—
Total¥126.1 billion¥158.8 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.

Ogawara Town compared with larger areas

AreaAvg. residential≈ USD/sq ftOgawara Town is1 year5 yearsCondos per m²Index
Ogawara Town ¥36K/m²$21/sq ft +0.3%+7.8% —70
Miyagi ¥77K/m²$45/sq ft 0.48x+2.2%+15.4% —83
Japan ¥120K/m²$70/sq ft 0.30x+2.1%+8.0% ¥493K/m²—

Neighborhoods 7 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
新南
新南
¥53K/m² — +1.9% +23.3% — —
幸町
幸町
¥38K/m² — ±0.0% +1.3% — —
南桜町
南桜町
¥34K/m² — ±0.0% +7.5% — —
緑町
緑町
¥30K/m² — ±0.0% +16.8% — —
大谷
大谷
¥27K/m² ¥40K/m² ±0.0% +2.2% — —
新東
新東
— ¥48K/m² +0.4% +9.7% — —
金ケ瀬
金ケ瀬
— — — +1.0% — —

Official land price survey sites highest first · 8 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 柴田郡大河原町字新南8番9
Land Price Publication 2026
Residential¥53K/m²$31/sq ft +1.9%大河原
1.2 km
宮城県 柴田郡大河原町字新東26番24
Prefectural Survey 2026
Commercial¥48K/m²$29/sq ft +0.4%沿道型の小売店舗、飲食店等の建ち並ぶ商業地域
宮城県 柴田郡大河原町大谷字町向100番9
Land Price Publication 2026
Commercial¥40K/m²$24/sq ft ±0.0%大河原
80 m
宮城県 柴田郡大河原町字幸町4番11
Prefectural Survey 2026
Residential¥38K/m²$22/sq ft ±0.0%中規模住宅を中心にアパート等が介在する既成住宅地域
宮城県 柴田郡大河原町字南桜町11番9
Prefectural Survey 2026
Residential¥34K/m²$20/sq ft ±0.0%中規模住宅の建ち並ぶ区画整然とした住宅地域
宮城県 柴田郡大河原町字緑町11番9
Prefectural Survey 2026
Residential¥30K/m²$18/sq ft ±0.0%一般住宅の中に空地等が見られる区画整然とした住宅地域
宮城県 柴田郡大河原町大谷字末広96番2
Land Price Publication 2026
Residential¥27K/m²$16/sq ft ±0.0%大河原
750 m
宮城県 柴田郡大河原町金ケ瀬字川根249番1外
Prefectural Survey 2026
Industrial¥10K/m²$6/sq ft ±0.0%工場、事業所等に農地の混在する内陸型の工業地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
63
5-year growth
76
10-year growth
84
Price level
65

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 Ogawara Town?

The average price of residential land in Ogawara Town is ¥36,420 per m² (about ¥120,397 per tsubo), based on 5 sites in the official land price surveys (2026).

Are land prices in Ogawara Town going up?

Land prices in Ogawara Town have risen by +0.3% on average over the past year. Over five years the change is +7.8%.

What is the land price forecast for Ogawara Town?

The Fudosan Zukan model projects residential land prices to change by +1.1% a year, reaching about ¥40,614 per m² in 10 years (range ¥33,303–¥47,925). Forecasts are projections, not guarantees.

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

About ¥158.8 billion: land ¥111.2 billion and buildings ¥47.6 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥126.1 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.