Zao Town: property prices and land values

蔵王町

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

Avg. residential land price
¥9,490/m²
≈ $6/sq ft · 4 sites
#1439 of 1795 municipalities in Japan
Avg. commercial land price
¥16K/m²
≈ $9/sq ft · 2 sites
1-year change
−1.6%
Residential −2.5% · commercial ±0.0%
5 years / 10 years
−11.5% / −22.3%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
15/100
#1595 in Japan
Total real estate value Estimate
¥77.2 billion
≈ $490.98M · land ¥43.2 billion + buildings ¥34.0 billion
#1045 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

¥0/m²¥10K/m²¥20K/m²¥30K/m²¥40K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.7% a year
¥9,490/m²¥9,329/m²¥9,016/m²¥8,713/m²¥7,999/m²

Forecasts are projections, not guarantees. 10-year range: ¥6,559/m²–¥9,439/m²

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

Total value (market estimate)
¥77.2 billion
≈ $490.98M · 0.01% of Japan
Land (market estimate)
¥43.2 billion
residential land ¥36.1 billion
Buildings (assessed)
¥34.0 billion
13,270 buildings · 1.5 km² floor area
Assessed value (fixed-asset tax)
¥66.4 billion
land ¥32.4 billion · buildings ¥34.0 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥25.3 billion¥36.1 billion6.5 km²¥5,512/m²
Other land
farmland, forest, other
¥7.1 billion¥7.1 billion74.5 km²—
Buildings
wooden ¥16.7 billion · non-wooden ¥17.4 billion
¥34.0 billion¥34.0 billion1.5 km² floor—
Total¥66.4 billion¥77.2 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.

Zao Town compared with larger areas

AreaAvg. residential≈ USD/sq ftZao Town is1 year5 yearsCondos per m²Index
Zao Town ¥9,490/m²$6/sq ft −1.6%−11.5% —15
Miyagi ¥77K/m²$45/sq ft 0.12x+2.2%+15.4% —83
Japan ¥120K/m²$71/sq ft 0.08x+2.1%+8.0% ¥494K/m²—

Neighborhoods 5 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
宮
宮
¥11K/m² — −2.8% −10.4% — —
円田
円田
¥11K/m² — −0.9% −4.3% — —
遠刈田温泉
遠刈田温泉
¥4,450/m² — −3.3% −20.5% — —
遠刈田温泉寿町
遠刈田温泉寿町
— ¥18K/m² ±0.0% −10.5% — —
遠刈田温泉旭町
遠刈田温泉旭町
— ¥14K/m² ±0.0% −12.0% — —

Official land price survey sites highest first · 6 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮城県 刈田郡蔵王町遠刈田温泉寿町8番
Land Price Publication 2026
Commercial¥18K/m²$11/sq ft ±0.0%東白石
15.0 km
宮城県 刈田郡蔵王町宮字町22番
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −3.3%一般住宅、店舗兼住宅等が混在する住宅地域
宮城県 刈田郡蔵王町遠刈田温泉旭町24番
Prefectural Survey 2026
Commercial¥14K/m²$8/sq ft ±0.0%小売店舗、事務所等が多い温泉街の商業地域
宮城県 刈田郡蔵王町大字円田字東浦3番1
Land Price Publication 2026
Residential¥11K/m²$6/sq ft −0.9%東白石
7.3 km
宮城県 刈田郡蔵王町宮字坂山3番
Land Price Publication 2026
Residential¥7,810/m²$5/sq ft −2.4%東白石
3.7 km
宮城県 刈田郡蔵王町遠刈田温泉字鬼石原1番244
Prefectural Survey 2026
Residential¥4,450/m²$3/sq ft −3.3%国道457号背後の温泉付別荘分譲地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
16
5-year growth
9
10-year growth
10
Price level
20

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 Zao Town?

The average price of residential land in Zao Town is ¥9,490 per m² (about ¥31,372 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Zao Town going up?

Land prices in Zao Town have fallen by -1.6% on average over the past year. Over five years the change is -11.5%.

What is the land price forecast for Zao Town?

The Fudosan Zukan model projects residential land prices to change by -1.7% a year, reaching about ¥7,999 per m² in 10 years (range ¥6,559–¥9,439). Forecasts are projections, not guarantees.

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

About ¥77.2 billion: land ¥43.2 billion and buildings ¥34.0 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥66.4 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.