Shikama Town: property prices and land values

色麻町

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

Avg. residential land price
¥6,633/m²
≈ $4/sq ft · 3 sites
#1590 of 1795 municipalities in Japan
Avg. commercial land price
No data
1-year change
−4.9%
Residential −4.9% · commercial —
5 years / 10 years
−19.1% / −27.2%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
5/100
#1751 in Japan
Total real estate value Estimate
¥31.5 billion
≈ $200.29M · land ¥17.8 billion + buildings ¥13.7 billion
#1318 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

¥4,000/m²¥6,000/m²¥8,000/m²¥10K/m²¥12K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−3.2% a year
¥6,633/m²¥6,423/m²¥6,023/m²¥5,648/m²¥4,810/m²

Forecasts are projections, not guarantees. 10-year range: ¥3,944/m²–¥5,676/m²

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

Total value (market estimate)
¥31.5 billion
≈ $200.29M · 0.00% of Japan
Land (market estimate)
¥17.8 billion
residential land ¥14.5 billion
Buildings (assessed)
¥13.7 billion
6,580 buildings · 78.3 ha floor area
Assessed value (fixed-asset tax)
¥27.2 billion
land ¥13.5 billion · buildings ¥13.7 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥10.1 billion¥14.5 billion3.0 km²¥4,897/m²
Other land
farmland, forest, other
¥3.4 billion¥3.4 billion41.2 km²—
Buildings
wooden ¥6.9 billion · non-wooden ¥6.7 billion
¥13.7 billion¥13.7 billion78.3 ha floor—
Total¥27.2 billion¥31.5 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.

Shikama Town compared with larger areas

AreaAvg. residential≈ USD/sq ftShikama Town is1 year5 yearsCondos per m²Index
Shikama Town ¥6,633/m²$4/sq ft −4.9%−19.1% —5
Miyagi ¥77K/m²$45/sq ft 0.09x+2.2%+15.4% —83
Japan ¥120K/m²$71/sq ft 0.06x+2.1%+8.0% ¥494K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
四竈
四竈
¥12K/m² — −5.7% −22.1% — —
高城
高城
¥4,800/m² — −4.0% −16.4% — —
王城寺
王城寺
¥3,500/m² — −4.9% −18.8% — —

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 加美郡色麻町四竈字町87番1
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −5.7%国道沿いに店舗、一般住宅が混在する地域
宮城県 加美郡色麻町高城字上ノ原7番9
Prefectural Survey 2026
Residential¥4,800/m²$3/sq ft −4.0%農家住宅、一般住宅の中に店舗等が見られる地域
宮城県 加美郡色麻町王城寺字渡戸南75番外
Prefectural Survey 2026
Residential¥3,500/m²$2/sq ft −4.9%一般住宅、農家住宅が混在する地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
0
5-year growth
1
10-year growth
5
Price level
11

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 Shikama Town?

The average price of residential land in Shikama Town is ¥6,633 per m² (about ¥21,927 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Shikama Town going up?

Land prices in Shikama Town have fallen by -4.9% on average over the past year. Over five years the change is -19.1%.

What is the land price forecast for Shikama Town?

The Fudosan Zukan model projects residential land prices to change by -3.2% a year, reaching about ¥4,810 per m² in 10 years (range ¥3,944–¥5,676). Forecasts are projections, not guarantees.

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

About ¥31.5 billion: land ¥17.8 billion and buildings ¥13.7 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥27.2 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.