Watari Town: property prices and land values

亘理町

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

Avg. residential land price
¥27K/m²
≈ $16/sq ft · 6 sites
#800 of 1795 municipalities in Japan
Avg. commercial land price
¥28K/m²
≈ $17/sq ft · 3 sites
1-year change
−0.1%
Residential −0.2% · commercial ±0.0%
5 years / 10 years
+3.5% / −4.1%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
59/100
#659 in Japan
Total real estate value Estimate
¥192.8 billion
≈ $1.2B · land ¥130.6 billion + buildings ¥62.2 billion
#740 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/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.3% a year
¥27K/m²¥27K/m²¥27K/m²¥27K/m²¥27K/m²

Forecasts are projections, not guarantees. 10-year range: ¥22K/m²–¥32K/m²

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

Total value (market estimate)
¥192.8 billion
≈ $1.2B · 0.01% of Japan
Land (market estimate)
¥130.6 billion
residential land ¥119.8 billion
Buildings (assessed)
¥62.2 billion
19,194 buildings · 2.3 km² floor area
Assessed value (fixed-asset tax)
¥156.8 billion
land ¥94.6 billion · buildings ¥62.2 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥83.9 billion¥119.8 billion8.4 km²¥14K/m²
Other land
farmland, forest, other
¥10.7 billion¥10.7 billion44.1 km²—
Buildings
wooden ¥41.3 billion · non-wooden ¥20.9 billion
¥62.2 billion¥62.2 billion2.3 km² floor—
Total¥156.8 billion¥192.8 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.

Watari Town compared with larger areas

AreaAvg. residential≈ USD/sq ftWatari Town is1 year5 yearsCondos per m²Index
Watari Town ¥27K/m²$16/sq ft −0.1%+3.5% —59
Miyagi ¥77K/m²$45/sq ft 0.35x+2.2%+15.4% —83
Japan ¥120K/m²$71/sq ft 0.22x+2.1%+8.0% ¥493K/m²—

Neighborhoods 9 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
新町
新町
¥36K/m² — +1.4% +10.6% — —
桜小路
桜小路
¥33K/m² — ±0.0% +18.3% — —
逢隈
逢隈
¥29K/m² — ±0.0% +2.5% — —
江下
江下
¥28K/m² — ±0.0% +19.1% — —
逢隈中泉
逢隈中泉
¥22K/m² — −0.9% −2.7% — —
吉田
吉田
¥12K/m² — −1.6% −14.3% — —
中町
中町
— ¥37K/m² ±0.0% ±0.0% — —
五日町
五日町
— ¥28K/m² ±0.0% +2.9% — —
逢隈神宮寺
逢隈神宮寺
— ¥20K/m² ±0.0% −0.5% — —

Official land price survey sites highest first · 9 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 亘理郡亘理町字中町10番
Land Price Publication 2026
Commercial¥37K/m²$22/sq ft ±0.0%亘理
1.1 km
宮城県 亘理郡亘理町字新町21番2
Land Price Publication 2026
Residential¥36K/m²$22/sq ft +1.4%亘理
850 m
宮城県 亘理郡亘理町字桜小路12番26
Prefectural Survey 2026
Residential¥33K/m²$19/sq ft ±0.0%一般住宅が多く見られる既成の住宅地域
宮城県 亘理郡亘理町逢隈字郡89番
Land Price Publication 2026
Residential¥29K/m²$17/sq ft ±0.0%逢隈
650 m
宮城県 亘理郡亘理町字五日町33番外
Prefectural Survey 2026
Commercial¥28K/m²$17/sq ft ±0.0%小売店舗が建ち並ぶ既成商業地域
宮城県 亘理郡亘理町字江下6番11
Prefectural Survey 2026
Residential¥28K/m²$17/sq ft ±0.0%中規模一般住宅が多く見られる区画整然とした住宅地域
宮城県 亘理郡亘理町逢隈中泉字東115番29
Prefectural Survey 2026
Residential¥22K/m²$13/sq ft −0.9%中規模一般住宅が建ち並ぶ住宅地域
宮城県 亘理郡亘理町逢隈神宮寺字一郷271番2外
Prefectural Survey 2026
Commercial¥20K/m²$12/sq ft ±0.0%沿道サービス関連施設のほか空地も介在する地域
宮城県 亘理郡亘理町吉田字大谷地77番24
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −1.6%一般住宅のほか農地も見られる住宅地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
53
5-year growth
70
10-year growth
57
Price level
55

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 Watari Town?

The average price of residential land in Watari Town is ¥26,683 per m² (about ¥88,208 per tsubo), based on 6 sites in the official land price surveys (2026).

Are land prices in Watari Town going up?

Land prices in Watari Town have fallen by -0.1% on average over the past year. Over five years the change is +3.5%.

What is the land price forecast for Watari Town?

The Fudosan Zukan model projects residential land prices to change by +0.3% a year, reaching about ¥27,410 per m² in 10 years (range ¥22,476–¥32,344). Forecasts are projections, not guarantees.

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

About ¥192.8 billion: land ¥130.6 billion and buildings ¥62.2 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥156.8 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.