Okinawa: property prices and land values

沖縄県

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

Avg. residential land price
¥99K/m²
≈ $58/sq ft · 314 sites
#10 of 47 prefectures
Avg. commercial land price
¥245K/m²
≈ $144/sq ft · 138 sites
1-year change
+6.1%
Residential +5.6% · commercial +7.1%
5 years / 10 years
+27.2% / +62.0%
Same sites, chained
Pre-owned condos per m²
¥477K/m²
70 m² ≈ ¥33.4M · 779 sales
Pre-owned houses (median)
¥40.0M
≈ $253K · 1163 sales
Real Estate Zukan Index
81/100
Total real estate value Estimate
¥15.4 trillion
≈ $97.7B · land ¥11.6 trillion + buildings ¥3.9 trillion
#19 of 47 prefectures

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¥100K/m²¥200K/m²¥300K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+4.3% a year
¥99K/m²¥103K/m²¥112K/m²¥122K/m²¥151K/m²

Forecasts are projections, not guarantees. 10-year range: ¥124K/m²–¥178K/m²

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

Total value (market estimate)
¥15.4 trillion
≈ $97.7B · 1.1% of Japan
Land (market estimate)
¥11.6 trillion
residential land ¥9.8 trillion
Buildings (assessed)
¥3.9 trillion
402,899 buildings · 71.9 km² floor area
Assessed value (fixed-asset tax)
¥12.5 trillion
land ¥8.6 trillion · buildings ¥3.9 trillion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥6.8 trillion¥9.8 trillion151.2 km²¥65K/m²
Other land
farmland, forest, other
¥1.8 trillion¥1.8 trillion876.4 km²—
Buildings
wooden ¥116.4 billion · non-wooden ¥3.7 trillion
¥3.9 trillion¥3.9 trillion71.9 km² floor—
Total¥12.5 trillion¥15.4 trillion

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.

Okinawa compared with larger areas

AreaAvg. residential≈ USD/sq ftOkinawa is1 year5 yearsCondos per m²Index
Okinawa ¥99K/m²$58/sq ft +6.1%+27.2% ¥477K/m²81
Japan ¥120K/m²$70/sq ft 0.83x+2.1%+8.0% ¥493K/m²—

Municipalities 41 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²SalesTotal value
Naha City
那覇市
¥232K/m² ¥503K/m² +6.0% +21.9% ¥475K/m² 691 ¥4.3 trillion
Ginowan City
宜野湾市
¥147K/m² ¥183K/m² +8.0% +33.8% ¥482K/m² 168 ¥1.1 trillion
Ishigaki City
石垣市
¥52K/m² ¥150K/m² +6.5% +40.4% ¥706K/m² 157 ¥448.3 billion
Urasoe City
浦添市
¥164K/m² ¥256K/m² +5.2% +24.5% ¥486K/m² 216 ¥1.4 trillion
Nago City
名護市
¥36K/m² ¥85K/m² +6.8% +22.3% ¥360K/m² 171 ¥417.0 billion
Itoman City
糸満市
¥70K/m² ¥143K/m² +6.0% +30.4% ¥446K/m² 182 ¥556.7 billion
Okinawa City
沖縄市
¥89K/m² ¥132K/m² +4.9% +21.7% ¥400K/m² 251 ¥1.5 trillion
Tomigusuku City
豊見城市
¥123K/m² ¥204K/m² +7.8% +38.8% ¥529K/m² 131 ¥651.0 billion
Uruma City
うるま市
¥55K/m² ¥72K/m² +5.7% +24.9% — 219 ¥938.9 billion
Miyakojima City
宮古島市
¥28K/m² ¥142K/m² +9.5% +71.8% — 200 ¥392.8 billion
Nanjo City
南城市
¥49K/m² — +6.2% +26.9% — 135 ¥294.6 billion
Kunigami Village
国頭村
¥7,587/m² ¥26K/m² +0.1% +3.5% — 28 ¥17.4 billion
Ogimi Village
大宜味村
¥11K/m² — +3.4% +8.8% — 15 ¥10.1 billion
Higashi Village
東村
¥4,400/m² — +2.7% +9.5% — 5 ¥4.3 billion
Nakijin Village
今帰仁村
¥13K/m² ¥26K/m² +6.0% +20.8% — 39 ¥50.3 billion
Motobu Town
本部町
¥21K/m² ¥53K/m² +7.7% +19.6% — 96 ¥94.9 billion
Onna Village
恩納村
¥42K/m² ¥109K/m² +9.2% +47.9% ¥629K/m² 46 ¥133.3 billion
Ginoza Village
宜野座村
¥20K/m² ¥29K/m² +11.1% +44.8% — 21 ¥27.7 billion
Kin Town
金武町
¥31K/m² ¥46K/m² +6.2% +33.2% — 19 ¥72.9 billion
Ie Village
伊江村
¥10K/m² — −0.3% −3.9% — 19 ¥18.0 billion
Yomitan Village
読谷村
¥80K/m² ¥88K/m² +4.3% +18.7% ¥331K/m² 109 ¥479.4 billion
Kadena Town
嘉手納町
¥88K/m² ¥107K/m² +2.9% +15.3% — 5 ¥272.3 billion
Chatan Town
北谷町
¥175K/m² ¥215K/m² +10.6% +31.5% ¥614K/m² 73 ¥631.6 billion
Kitanakagusuku Village
北中城村
¥93K/m² ¥77K/m² +7.4% +43.5% ¥613K/m² 60 ¥250.5 billion
Nakagusuku Village
中城村
¥99K/m² ¥191K/m² +5.7% +32.0% ¥502K/m² 35 ¥211.5 billion
Nishihara Town
西原町
¥110K/m² ¥156K/m² +5.2% +36.9% ¥450K/m² 64 ¥343.4 billion
Yonabaru Town
与那原町
¥86K/m² ¥126K/m² +6.2% +31.7% ¥432K/m² 38 ¥142.3 billion
Haebaru Town
南風原町
¥118K/m² ¥191K/m² +7.6% +29.7% ¥500K/m² 47 ¥370.5 billion
Tokashiki Village
渡嘉敷村
¥13K/m² — +2.8% +10.1% — 1 ¥2.7 billion
Zamami Village
座間味村
¥14K/m² — +2.8% +11.6% — 3 ¥3.6 billion
Aguni Village
粟国村
¥1,960/m² — ±0.0% −1.0% — 25 ¥2.0 billion
Tonaki Village
渡名喜村
¥1,470/m² — ±0.0% −1.3% — — ¥560.2M
Minamidaito Village
南大東村
¥5,300/m² — ±0.0% ±0.0% — 1 ¥3.2 billion
Kitadaito Village
北大東村
¥1,530/m² — ±0.0% ±0.0% — 7 ¥805.8M
Iheya Village
伊平屋村
¥2,445/m² — ±0.0% ±0.0% — 2 ¥2.0 billion
Izena Village
伊是名村
¥3,185/m² — ±0.0% −0.6% — 5 ¥3.2 billion
Kumejima Town
久米島町
¥9,305/m² ¥18K/m² ±0.0% −4.9% — 22 ¥28.5 billion
Yaese Town
八重瀬町
¥76K/m² ¥159K/m² +6.0% +28.6% ¥394K/m² 63 ¥236.8 billion
Tarama Village
多良間村
¥6,290/m² — ±0.0% +1.7% — 1 ¥3.4 billion
Taketomi Town
竹富町
¥8,450/m² — +2.7% +24.1% — 29 ¥23.9 billion
Yonaguni Town
与那国町
¥8,200/m² — ±0.0% +0.1% — 3 ¥6.0 billion

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
沖縄県 那覇市久茂地3丁目1番1
Land Price Publication 2026
Commercial¥2.26M/m²$1,330/sq ft +6.6%県庁前
130 m
沖縄県 那覇市松山1丁目1番4
Prefectural Survey 2026
Commercial¥1.61M/m²$947/sq ft +10.3%高層の事務所ビルが建ち並ぶ国道沿いの商業地域
沖縄県 那覇市安里1丁目469番5
Land Price Publication 2026
Commercial¥890K/m²$524/sq ft +9.7%牧志
80 m
沖縄県 那覇市久茂地3丁目9番14
Prefectural Survey 2026
Commercial¥850K/m²$500/sq ft +11.4%中低層の飲食店及び事務所ビルが建ち並ぶ商業地域
沖縄県 那覇市前島3丁目1番8外
Land Price Publication 2026
Commercial¥804K/m²$473/sq ft +7.8%美栄橋
400 m
沖縄県 那覇市久茂地1丁目6番4
Land Price Publication 2026
Commercial¥758K/m²$446/sq ft +6.0%旭橋
280 m
沖縄県 那覇市おもろまち4丁目16番2
Land Price Publication 2026
Commercial¥733K/m²$431/sq ft +7.2%おもろまち
500 m
沖縄県 那覇市松山1丁目14番11外
Prefectural Survey 2026
Commercial¥721K/m²$424/sq ft +7.1%中低層の飲食店、ホテル等が建ち並ぶ商業地域
沖縄県 那覇市天久2丁目1番1
Prefectural Survey 2026
Commercial¥610K/m²$359/sq ft +2.7%事務所や店舗兼共同住宅等が混在する商業地域
沖縄県 那覇市天久2丁目18番13
Prefectural Survey 2026
Commercial¥580K/m²$341/sq ft +6.6%店舗兼共同住宅、飲食店等が建ち並ぶ国道沿いの路線商業地域
沖縄県 那覇市牧志3丁目811番2外
Prefectural Survey 2026
Commercial¥506K/m²$298/sq ft +7.9%小規模な各種小売店舗、飲食店等が建ち並ぶ平和通り沿いの商業地域
沖縄県 那覇市泉崎2丁目2番1
Prefectural Survey 2026
Commercial¥492K/m²$289/sq ft +6.5%店舗兼共同住宅等が建ち並ぶ商業地域
沖縄県 那覇市若狭2丁目3番12
Land Price Publication 2026
Commercial¥484K/m²$285/sq ft +9.0%若狭停
100 m
沖縄県 那覇市泉崎2丁目2番1
Land Price Publication 2026
Commercial¥474K/m²$279/sq ft +10.2%県庁前
630 m
沖縄県 那覇市泊1丁目6番6
Prefectural Survey 2026
Commercial¥462K/m²$272/sq ft +6.2%店舗兼事務所、中高層マンションが混在する商業地域
沖縄県 那覇市おもろまち3丁目6番11
Land Price Publication 2026
Residential¥452K/m²$266/sq ft +4.4%那覇国際高校前停
90 m
沖縄県 那覇市壺川3丁目4番2
Prefectural Survey 2026
Commercial¥450K/m²$265/sq ft +6.9%各種店舗、事務所等が建ち並ぶ商業地域
沖縄県 那覇市天久1丁目7番14外
Land Price Publication 2026
Residential¥434K/m²$255/sq ft +3.1%おもろまち三丁目停
100 m
沖縄県 那覇市西2丁目13番8
Land Price Publication 2026
Commercial¥421K/m²$248/sq ft +7.1%旭橋
620 m
沖縄県 那覇市真嘉比2丁目4番9
Prefectural Survey 2026
Commercial¥417K/m²$245/sq ft +5.6%店舗、共同住宅、事務所等が建ち並ぶ国道沿いの路線商業地域
沖縄県 那覇市安里1丁目468番37外
Prefectural Survey 2026
Commercial¥412K/m²$242/sq ft +7.0%各種小売店舗のほか事務所等が介在する普通商業地域
沖縄県 那覇市壺屋2丁目210番14
Prefectural Survey 2026
Commercial¥411K/m²$242/sq ft +6.8%中規模の店舗兼共同住宅が建ち並ぶ既成商業地域
沖縄県 那覇市壺屋2丁目210番14
Land Price Publication 2026
Commercial¥404K/m²$238/sq ft +7.7%安里
350 m
沖縄県 那覇市赤嶺1丁目4番4外
Prefectural Survey 2026
Commercial¥400K/m²$235/sq ft +1.0%小売店舗、郊外型店舗等が建ち並ぶ商業地域
沖縄県 那覇市前島2丁目11番15
Prefectural Survey 2026
Commercial¥391K/m²$230/sq ft +7.1%店舗、事務所のほか共同住宅等が混在する商業地域
沖縄県 浦添市字城間東田田2693番1外
Prefectural Survey 2026
Commercial¥376K/m²$221/sq ft +5.3%各種店舗、事務所等が建ち並ぶ路線商業地域
沖縄県 那覇市牧志1丁目942番12
Prefectural Survey 2026
Residential¥375K/m²$221/sq ft +11.9%一般住宅、共同住宅、店舗兼共同住宅等が混在する住宅地域
沖縄県 那覇市泉崎2丁目14番3
Prefectural Survey 2026
Residential¥374K/m²$220/sq ft +6.9%中規模住宅が多い区画整然とした住宅地域
沖縄県 浦添市字城間東田田2693番1外
Land Price Publication 2026
Commercial¥367K/m²$216/sq ft +7.3%SCSK沖縄センター前停
250 m
沖縄県 那覇市泉崎2丁目14番3
Land Price Publication 2026
Residential¥366K/m²$215/sq ft +6.1%県庁前
750 m
沖縄県 那覇市天久2丁目11番9
Prefectural Survey 2026
Residential¥360K/m²$212/sq ft +2.6%中規模一般住宅が多い区画整然とした住宅地域
沖縄県 那覇市泊2丁目22番9
Land Price Publication 2026
Residential¥336K/m²$198/sq ft +5.0%泊高橋停
280 m
沖縄県 那覇市字安里羽佐間原376番
Land Price Publication 2026
Commercial¥334K/m²$197/sq ft +7.4%安里
250 m
沖縄県 那覇市銘苅1丁目6番12
Land Price Publication 2026
Residential¥328K/m²$193/sq ft +3.8%古島
450 m
沖縄県 那覇市安謝1丁目8番18
Prefectural Survey 2026
Residential¥315K/m²$185/sq ft +3.3%中規模一般住宅、中層のアパート等が混在する区画整然とした住宅地域
沖縄県 那覇市曙2丁目23番4
Prefectural Survey 2026
Commercial¥315K/m²$185/sq ft +10.5%中層の事務所、低層店舗等が混在する商業地域
沖縄県 那覇市真嘉比2丁目22番3
Prefectural Survey 2026
Residential¥312K/m²$184/sq ft +4.7%一般住宅等が建ち並ぶ区画整然とした住宅地域
沖縄県 那覇市久米2丁目20番5
Land Price Publication 2026
Residential¥307K/m²$181/sq ft +7.7%県庁前
600 m
沖縄県 那覇市壺川1丁目4番6
Prefectural Survey 2026
Residential¥305K/m²$179/sq ft +7.0%中規模一般住宅が多い区画整然とした住宅地域
沖縄県 那覇市首里汀良町3丁目35番
Prefectural Survey 2026
Commercial¥297K/m²$175/sq ft +5.3%中小規模の各種小売店舗、飲食店等が見られる商業地域
沖縄県 那覇市具志1丁目14番5外
Prefectural Survey 2026
Commercial¥295K/m²$174/sq ft +4.2%国道沿いのロードサイド型営業所、店舗等が建ち並ぶ商業地域
沖縄県 那覇市赤嶺2丁目13番11外
Land Price Publication 2026
Commercial¥290K/m²$171/sq ft +4.7%赤嶺
420 m
沖縄県 豊見城市字豊崎1番1195
Prefectural Survey 2026
Commercial¥289K/m²$170/sq ft +20.4%複合商業施設、店舗、飲食店が建ち並ぶ商業地域
沖縄県 那覇市首里石嶺町2丁目90番3
Prefectural Survey 2026
Commercial¥288K/m²$169/sq ft +5.5%店舗兼共同住宅等が建ち並ぶ駅前の商業地域
沖縄県 中頭郡北谷町美浜2丁目1番3外
Land Price Publication 2026
Commercial¥286K/m²$168/sq ft +7.1%美浜アメリカンビレッジ入口停
沖縄県 那覇市松尾1丁目245番9
Prefectural Survey 2026
Residential¥286K/m²$168/sq ft +4.0%一般住宅、共同住宅、併用住宅等が見られる住宅地域
沖縄県 那覇市古島2丁目29番3
Land Price Publication 2026
Commercial¥281K/m²$165/sq ft +6.0%市立病院前
200 m
沖縄県 中頭郡北谷町北谷1丁目12番7
Prefectural Survey 2026
Commercial¥280K/m²$165/sq ft +12.0%飲食店舗、共同住宅等が混在する区画整理済の商業地域
沖縄県 浦添市宮城4丁目1821番外
Land Price Publication 2026
Commercial¥274K/m²$161/sq ft +6.2%小湾停
沖縄県 那覇市壺川2丁目11番1
Prefectural Survey 2026
Residential¥273K/m²$161/sq ft +2.2%マンションや共同住宅等が多く見られる住宅地域
沖縄県 浦添市仲西1丁目346番1
Land Price Publication 2026
Commercial¥263K/m²$155/sq ft +7.8%仲西(JSL前)停
220 m
沖縄県 那覇市若狭2丁目12番4
Prefectural Survey 2026
Residential¥259K/m²$152/sq ft +5.3%中規模一般住宅、アパート等が混在する区画整然とした住宅地域
沖縄県 中頭郡北谷町桑江1丁目11番9
Prefectural Survey 2026
Residential¥257K/m²$151/sq ft +11.7%一般住宅、共同住宅等が見られる新興の住宅地域
沖縄県 浦添市内間1丁目572番14
Prefectural Survey 2026
Commercial¥256K/m²$151/sq ft +6.2%各種店舗、銀行、アパート等が混在する商業地域
沖縄県 宜野湾市宇地泊2丁目79番1
Prefectural Survey 2026
Commercial¥256K/m²$151/sq ft +10.3%中低層の飲食店舗、事務所等が建ち並ぶ路線商業地域
沖縄県 那覇市田原1丁目5番9
Prefectural Survey 2026
Residential¥256K/m²$151/sq ft +4.5%中規模一般住宅が多い区画整然とした住宅地域
沖縄県 那覇市古波蔵4丁目403番4
Prefectural Survey 2026
Commercial¥254K/m²$149/sq ft +5.0%店舗、事務所兼共同住宅等が建ち並ぶ路線商業地域
沖縄県 那覇市首里池端町22番
Land Price Publication 2026
Commercial¥251K/m²$148/sq ft +6.8%儀保
700 m
沖縄県 那覇市古島2丁目18番3
Land Price Publication 2026
Residential¥245K/m²$144/sq ft +5.2%市立病院前
290 m
沖縄県 中頭郡北谷町桑江1丁目11番9
Land Price Publication 2026
Residential¥240K/m²$141/sq ft +10.6%桑江停
250 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 3,402 sales

Condos per m² (median)
¥477K/m²
Condo price (median)
¥35.0M
Land & building (median)
¥40.0M
Land per m² (median)
¥52K/m²

Sales in the loaded period: Land 2,407 · Land & building 2,252 · Pre-owned condo 1,512 · Farmland 608 · Forest 165

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

Market activity
16
1-year growth
98
5-year growth
98
10-year growth
100
Price level
80
Condo price level
95

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

FAQ

What is the average land price in Okinawa?

The average price of residential land in Okinawa is ¥99,220 per m² (about ¥328,000 per tsubo), based on 314 sites in the official land price surveys (2026).

Are land prices in Okinawa going up?

Land prices in Okinawa have risen by +6.1% on average over the past year. Over five years the change is +27.2%.

How much do pre-owned condos cost in Okinawa?

The median price of pre-owned condo transactions in the last two years is ¥476,923 per m², with a median price of ¥35.0 million (779 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Okinawa?

The Fudosan Zukan model projects residential land prices to change by +4.3% a year, reaching about ¥150,785 per m² in 10 years (range ¥123,644–¥177,926). Forecasts are projections, not guarantees.

What is the total value of real estate in Okinawa?

About ¥15.4 trillion: land ¥11.6 trillion and buildings ¥3.9 trillion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥12.5 trillion).

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 ¥157.9 = $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.