Wakuya Town: property prices and land values

涌谷町

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

Avg. residential land price
¥13K/m²
≈ $8/sq ft · 6 sites
#1264 of 1795 municipalities in Japan
Avg. commercial land price
¥18K/m²
≈ $11/sq ft · 1 sites
1-year change
−0.6%
Residential −0.6% · commercial −1.1%
5 years / 10 years
−5.0% / −9.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
35/100
#1143 in Japan
Total real estate value Estimate
¥77.5 billion
≈ $492.75M · land ¥50.5 billion + buildings ¥27.0 billion
#1043 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

¥10K/m²¥20K/m²¥30K/m²¥40K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.6% a year
¥13K/m²¥13K/m²¥13K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥10K/m²–¥15K/m²

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

Total value (market estimate)
¥77.5 billion
≈ $492.75M · 0.01% of Japan
Land (market estimate)
¥50.5 billion
residential land ¥42.7 billion
Buildings (assessed)
¥27.0 billion
13,585 buildings · 1.4 km² floor area
Assessed value (fixed-asset tax)
¥64.7 billion
land ¥37.7 billion · buildings ¥27.0 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥29.9 billion¥42.7 billion5.7 km²¥7,476/m²
Other land
farmland, forest, other
¥7.8 billion¥7.8 billion57.5 km²—
Buildings
wooden ¥17.7 billion · non-wooden ¥9.3 billion
¥27.0 billion¥27.0 billion1.4 km² floor—
Total¥64.7 billion¥77.5 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.

Wakuya Town compared with larger areas

AreaAvg. residential≈ USD/sq ftWakuya Town is1 year5 yearsCondos per m²Index
Wakuya Town ¥13K/m²$8/sq ft −0.6%−5.0% —35
Miyagi ¥77K/m²$45/sq ft 0.17x+2.2%+15.4% —83
Japan ¥120K/m²$71/sq ft 0.11x+2.1%+8.0% ¥494K/m²—

Neighborhoods 6 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
柳町
柳町
¥17K/m² ¥18K/m² −1.1% −7.1% — —
桑木荒
桑木荒
¥17K/m² — ±0.0% −1.2% — —
練丑町
練丑町
¥15K/m² — −0.6% −4.4% — —
涌谷
涌谷
¥15K/m² — −0.7% −5.1% — —
北田
北田
¥10K/m² — ±0.0% −4.8% — —
吉住
吉住
¥5,350/m² — −0.9% — — —

Official land price survey sites highest first · 7 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 遠田郡涌谷町字柳町27番4外
Land Price Publication 2026
Commercial¥18K/m²$11/sq ft −1.1%涌谷
280 m
宮城県 遠田郡涌谷町字柳町29番2
Land Price Publication 2026
Residential¥17K/m²$10/sq ft −1.2%涌谷
250 m
宮城県 遠田郡涌谷町字桑木荒123番7
Land Price Publication 2026
Residential¥17K/m²$10/sq ft ±0.0%涌谷
670 m
宮城県 遠田郡涌谷町字練丑町19番2
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −0.6%中規模の一般住宅が建ち並ぶ住宅地域
宮城県 遠田郡涌谷町涌谷字築道西1番25
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −0.7%中規模一般住宅の多い旧来からの住宅地域
宮城県 遠田郡涌谷町字北田161番10
Prefectural Survey 2026
Residential¥10K/m²$6/sq ft ±0.0%農地地域の中に開発された中規模一般住宅地域
宮城県 遠田郡涌谷町吉住字新五反田34番
Prefectural Survey 2026
Residential¥5,350/m²$3/sq ft −0.9%農家住宅を中心に、店舗併用住宅等も見られる農家集落地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
39
5-year growth
33
10-year growth
41
Price level
30

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 Wakuya Town?

The average price of residential land in Wakuya Town is ¥13,208 per m² (about ¥43,663 per tsubo), based on 6 sites in the official land price surveys (2026).

Are land prices in Wakuya Town going up?

Land prices in Wakuya Town have fallen by -0.6% on average over the past year. Over five years the change is -5.0%.

What is the land price forecast for Wakuya Town?

The Fudosan Zukan model projects residential land prices to change by -0.6% a year, reaching about ¥12,385 per m² in 10 years (range ¥10,156–¥14,614). Forecasts are projections, not guarantees.

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

About ¥77.5 billion: land ¥50.5 billion and buildings ¥27.0 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥64.7 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.