Wake Town: property prices and land values

和気町

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

Avg. residential land price
¥10K/m²
≈ $6/sq ft · 6 sites
#1387 of 1795 municipalities in Japan
Avg. commercial land price
¥27K/m²
≈ $16/sq ft · 2 sites
1-year change
−0.7%
Residential −0.8% · commercial −0.6%
5 years / 10 years
−4.3% / −13.5%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥6.2M
≈ $39K · 19 sales
Real Estate Zukan Index
31/100
#1256 in Japan
Total real estate value Estimate
¥72.3 billion
≈ $459.78M · land ¥47.8 billion + buildings ¥24.5 billion
#1073 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¥20K/m²¥40K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.7% a year
¥10K/m²¥10K/m²¥10K/m²¥10K/m²¥9,755/m²

Forecasts are projections, not guarantees. 10-year range: ¥7,999/m²–¥12K/m²

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

Total value (market estimate)
¥72.3 billion
≈ $459.78M · 0.01% of Japan
Land (market estimate)
¥47.8 billion
residential land ¥41.8 billion
Buildings (assessed)
¥24.5 billion
15,848 buildings · 1.5 km² floor area
Assessed value (fixed-asset tax)
¥59.8 billion
land ¥35.2 billion · buildings ¥24.5 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥29.3 billion¥41.8 billion4.4 km²¥9,591/m²
Other land
farmland, forest, other
¥6.0 billion¥6.0 billion65.7 km²—
Buildings
wooden ¥12.5 billion · non-wooden ¥12.0 billion
¥24.5 billion¥24.5 billion1.5 km² floor—
Total¥59.8 billion¥72.3 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.

Wake Town compared with larger areas

AreaAvg. residential≈ USD/sq ftWake Town is1 year5 yearsCondos per m²Index
Wake Town ¥10K/m²$6/sq ft −0.7%−4.3% —31
Okayama ¥40K/m²$23/sq ft 0.26x+0.7%+2.1% ¥293K/m²59
Japan ¥120K/m²$71/sq ft 0.09x+2.1%+8.0% ¥493K/m²—

Neighborhoods 30 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Wake
和気
¥18K/m² ¥20K/m² −0.2% −2.6% — 6
Onakayama
大中山
¥13K/m² — −1.5% −8.4% — 4
Fujino
藤野
¥11K/m² — ±0.0% −1.8% — 2
Hon
本
¥10K/m² — −1.0% −4.7% — 1
宇生
宇生
¥6,480/m² — −1.1% −6.0% — —
Shiota
塩田
¥4,030/m² — −1.2% — — 1
Kinugasa
衣笠
— — — — — 4
Himuro
日室
— — — — — 4
Shakuso
尺所
— — — — — 3
Yata
矢田
— — — — — 7
Kitayamagata
北山方
— — — — — 2
Hikasashimo
日笠下
— — — — — 5
Hikasakami
日笠上
— — — — — 2
Tado
田土
— — — — — 1
Fukutomi
福富
— ¥33K/m² −0.6% −2.4% — 2
Izumi
泉
— — — — — 4
Kamigata
加三方
— — — — — 3
Masubara
益原
— — — — — —
Otahara
大田原
— — — — — 1
Yatabe
矢田部
— — — — — 2
Kinokura
木倉
— — — — — 2
Shimizu
清水
— — — — — 2
Hoso
保曽
— — — — — 1
Taharashimo
田原下
— — — — — —
Hara
原
— — — — — 1
Kozaka
小坂
— — — — — —
Nigaki
苦木
— — — — — 1
Yoshida
吉田
— — — — — 1
Chichiibara
父井原
— — — — — —
Taga
田賀
— — — — — 1

Official land price survey sites highest first · 8 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
岡山県 和気郡和気町福富字上原607番5
Land Price Publication 2026
Commercial¥33K/m²$20/sq ft −0.6%和気
50 m
岡山県 和気郡和気町和気字中652番
Prefectural Survey 2026
Commercial¥20K/m²$12/sq ft −0.5%小売店舗、住宅等が混在する既成商業地域
岡山県 和気郡和気町和気字木ノ間234番6
Land Price Publication 2026
Residential¥18K/m²$11/sq ft ±0.0%和気
1.3 km
岡山県 和気郡和気町大中山字福尾287番1
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft −1.5%国道背後で工場も見られる一般住宅の多い住宅地域
岡山県 和気郡和気町藤野字寺之前229番1外
Prefectural Survey 2026
Residential¥11K/m²$6/sq ft ±0.0%農家住宅が多く、小学校に近い住宅地域
岡山県 和気郡和気町本字上薮田363番3
Land Price Publication 2026
Residential¥10K/m²$6/sq ft −1.0%和気
4.1 km
岡山県 和気郡和気町宇生字岩鼻605番2
Prefectural Survey 2026
Residential¥6,480/m²$4/sq ft −1.1%農家住宅が多く、事業所等も見られる集落地域
岡山県 和気郡和気町塩田字片山398番1
Prefectural Survey 2026
Residential¥4,030/m²$2/sq ft −1.2%農村住宅が多い旧来からの既成住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 63 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥6.2M
Land per m² (median)
¥9,800/m²

Sales in the loaded period: Land & building 35 · Farmland 31 · Forest 24 · Land 22

DistrictPeriodTypePriceAreaBuiltPer m²
WakeQ2 2026Land ¥6.0M1,200 m²—¥5,200/m²
HaraQ2 2026Land & building ¥140.0M9,999 m²1971—
HosoQ2 2026Forest ¥300K8,888 m²——
TagaQ2 2026Land ¥50K155 m²—¥330/m²
YataQ1 2026Farmland ¥10K610 m²——
YataQ1 2026Farmland ¥12K790 m²——
YataQ1 2026Farmland ¥14K900 m²——
FujinoQ1 2026Land & building ¥11.0M730 m²2003—
FukutomiQ1 2026Farmland ¥250K135 m²——
WakeQ4 2025Land & building (contract) ¥14.0M480 m²2000—
HimuroQ4 2025Land & building (contract) ¥23.0M200 m²2021—
HimuroQ4 2025Land & building ¥3.5M220 m²1983—
HikasashimoQ4 2025Forest ¥1.0M8,888 m²——
ShimizuQ4 2025Farmland ¥770K260 m²——
KinugasaQ4 2025Land ¥7.8M360 m²—¥22K/m²
TadoQ4 2025Land & building ¥5.6M320 m²2003—
OnakayamaQ4 2025Land & building ¥6.2M480 m²1992—
OnakayamaQ4 2025Land ¥13.0M1,300 m²—¥9,800/m²
WakeQ3 2025Land & building ¥14.0M480 m²2000—
YataQ3 2025Farmland ¥1.0M1,200 m²——

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

Market activity
28
1-year growth
37
5-year growth
37
10-year growth
30
Price level
23

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 Wake Town?

The average price of residential land in Wake Town is ¥10,452 per m² (about ¥34,552 per tsubo), based on 6 sites in the official land price surveys (2026).

Are land prices in Wake Town going up?

Land prices in Wake Town have fallen by -0.7% on average over the past year. Over five years the change is -4.3%.

What is the land price forecast for Wake Town?

The Fudosan Zukan model projects residential land prices to change by -0.7% a year, reaching about ¥9,755 per m² in 10 years (range ¥7,999–¥11,511). Forecasts are projections, not guarantees.

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

About ¥72.3 billion: land ¥47.8 billion and buildings ¥24.5 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥59.8 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.