Miyakojima City: property prices and land values

宮古島市

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

Avg. residential land price
¥28K/m²
≈ $16/sq ft · 17 sites
#777 of 1795 municipalities in Japan
Avg. commercial land price
¥142K/m²
≈ $84/sq ft · 5 sites
1-year change
+9.5%
Residential +9.3% · commercial +10.4%
5 years / 10 years
+71.8% / +118.1%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥38.0M
≈ $242K · 25 sales
Real Estate Zukan Index
79/100
#292 in Japan
Total real estate value Estimate
¥392.8 billion
≈ $2.5B · land ¥244.7 billion + buildings ¥148.1 billion
#478 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¥50K/m²¥100K/m²¥150K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥28K/m²¥30K/m²¥33K/m²¥37K/m²¥50K/m²

Forecasts are projections, not guarantees. 10-year range: ¥41K/m²–¥59K/m²

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

Total value (market estimate)
¥392.8 billion
≈ $2.5B · 0.03% of Japan
Land (market estimate)
¥244.7 billion
residential land ¥208.1 billion
Buildings (assessed)
¥148.1 billion
21,918 buildings · 3.2 km² floor area
Assessed value (fixed-asset tax)
¥330.3 billion
land ¥182.2 billion · buildings ¥148.1 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥145.7 billion¥208.1 billion10.1 km²¥21K/m²
Other land
farmland, forest, other
¥36.6 billion¥36.6 billion128.7 km²—
Buildings
wooden ¥4.3 billion · non-wooden ¥143.8 billion
¥148.1 billion¥148.1 billion3.2 km² floor—
Total¥330.3 billion¥392.8 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.

Miyakojima City compared with larger areas

AreaAvg. residential≈ USD/sq ftMiyakojima City is1 year5 yearsCondos per m²Index
Miyakojima City ¥28K/m²$16/sq ft +9.5%+71.8% —79
Okinawa ¥99K/m²$59/sq ft 0.28x+6.1%+27.2% ¥512K/m²81
Japan ¥120K/m²$71/sq ft 0.23x+2.1%+8.0% ¥494K/m²—

Neighborhoods 5 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Hirara
平良
¥41K/m² ¥142K/m² +9.2% +59.6% — 39
Shimoji
下地
¥28K/m² — +18.8% +126.2% — 7
Irabu
伊良部
¥20K/m² — +3.9% +95.7% — 4
Ueno
上野
¥15K/m² — +13.3% +126.9% — 8
Gusukube
城辺
¥12K/m² — +9.2% +87.9% — 12

Official land price survey sites highest first · 22 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
沖縄県 宮古島市平良字西里根間246番
Prefectural Survey 2026
Commercial¥227K/m²$134/sq ft +6.1%各種店舗が建ち並ぶ西里大通り沿いの商業地域
沖縄県 宮古島市平良字下里大嶺356番61外
Prefectural Survey 2026
Commercial¥150K/m²$89/sq ft +12.8%店舗兼共同住宅のほかホテル等が見られるビーチ付近の商業地域
沖縄県 宮古島市平良字西里羽立391番外
Land Price Publication 2026
Commercial¥149K/m²$88/sq ft +14.6%北給油所前停
沖縄県 宮古島市平良字西里出口556番
Prefectural Survey 2026
Commercial¥110K/m²$65/sq ft +5.8%小規模小売店舗や飲食店、事務所等が建ち並ぶ商業地域
沖縄県 宮古島市平良字下里西里61番外
Land Price Publication 2026
Commercial¥74K/m²$43/sq ft +12.7%公設市場前停
150 m
沖縄県 宮古島市平良字久貝ムイ原852番9
Prefectural Survey 2026
Residential¥65K/m²$39/sq ft +15.0%中小規模の戸建住宅が建ち並ぶ市街地近郊の住宅地域
沖縄県 宮古島市平良字西里前比屋273番
Land Price Publication 2026
Residential¥65K/m²$38/sq ft +12.3%沖銀前停
300 m
沖縄県 宮古島市平良字下里大原842番1
Land Price Publication 2026
Residential¥53K/m²$31/sq ft +11.4%元うえの停
150 m
沖縄県 宮古島市平良字東仲宗根ソデ山871番11
Land Price Publication 2026
Residential¥48K/m²$28/sq ft +10.7%大阪自店前停
200 m
沖縄県 宮古島市平良字西仲宗根染地112番1
Prefectural Survey 2026
Residential¥44K/m²$26/sq ft +4.0%中小規模一般住宅が多い住宅地域
沖縄県 宮古島市下地字上地ツーガ家502番6
Prefectural Survey 2026
Residential¥28K/m²$17/sq ft +18.8%一般住宅等が建ち並ぶ国道沿いの住宅地域
沖縄県 宮古島市平良字西里アラバ1537番3
Prefectural Survey 2026
Residential¥25K/m²$15/sq ft +5.1%農家住宅が散在する農家集落地域
沖縄県 宮古島市伊良部字国仲大崎118番1外
Prefectural Survey 2026
Residential¥23K/m²$14/sq ft +3.1%一般住宅のほか店舗、事務所等が混在する地域
沖縄県 宮古島市伊良部字池間添下桃山219番
Prefectural Survey 2026
Residential¥18K/m²$11/sq ft +4.7%一般住宅、農家住宅等が混在する既成住宅地域
沖縄県 宮古島市上野字野原東方原1104番
Land Price Publication 2026
Residential¥16K/m²$9/sq ft +16.5%野原公民館前停
120 m
沖縄県 宮古島市上野字上野ソバンメ394番15
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft +10.2%一般住宅及び市営住宅のある住宅地域
沖縄県 宮古島市平良字西原西屋敷281番2
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft +1.3%農家住宅が建ち並ぶ既存の集落地域
沖縄県 宮古島市城辺字福里西方630番3
Land Price Publication 2026
Residential¥13K/m²$8/sq ft +8.3%城辺小前停
100 m
沖縄県 宮古島市城辺字砂川島中原102番
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft +8.3%農家住宅のほか一般住宅が混在する住宅地域
沖縄県 宮古島市城辺字保良村内507番
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft +8.5%農家住宅が多い既存の農村集落地域
沖縄県 宮古島市城辺字比嘉比嘉125番
Land Price Publication 2026
Residential¥11K/m²$6/sq ft +11.9%比嘉停
50 m
沖縄県 宮古島市平良字島尻越原1428番3
Prefectural Survey 2026
Residential¥10K/m²$6/sq ft +7.2%中規模の農家住宅が多い既成の住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 70 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥38.0M
Land per m² (median)
¥36K/m²

Sales in the loaded period: Land 184 · Land & building 140 · Farmland 106 · Forest 6

DistrictPeriodTypePriceAreaBuiltPer m²
HiraraQ2 2026Land & building ¥43.0M160 m²2026—
HiraraQ2 2026Farmland ¥3.0M2,000 m²——
HiraraQ2 2026Farmland ¥980K1,400 m²——
HiraraQ2 2026Land & building ¥35.0M230 m²1977—
GusukubeQ1 2026Land ¥2.0M330 m²—¥6,100/m²
GusukubeQ1 2026Land & building ¥8.0M360 m²1968—
GusukubeQ1 2026Land & building ¥4.5M145 m²1983—
GusukubeQ1 2026Land & building ¥2.0M260 m²——
GusukubeQ1 2026Farmland ¥1.0M610 m²——
HiraraQ1 2026Land & building (contract) ¥50.0M615 m²1970—
HiraraQ1 2026Land & building ¥39.0M140 m²——
HiraraQ1 2026Land ¥500K850 m²—¥590/m²
HiraraQ1 2026Land ¥4.7M310 m²—¥15K/m²
HiraraQ1 2026Land ¥2.5M250 m²—¥9,900/m²
HiraraQ1 2026Land & building ¥7.4M290 m²1967—
HiraraQ1 2026Land & building ¥390.0M1,700 m²1998—
HiraraQ1 2026Land ¥66.0M9,999 m²—¥18K/m²
UenoQ1 2026Farmland ¥2.0M3,500 m²——
UenoQ1 2026Land & building ¥38.0M650 m²2023—
IrabuQ1 2026Farmland ¥2.1M8,888 m²——

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

Market activity
50
1-year growth
98
5-year growth
100
10-year growth
99
Price level
57

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 Miyakojima City?

The average price of residential land in Miyakojima City is ¥27,871 per m² (about ¥92,136 per tsubo), based on 17 sites in the official land price surveys (2026).

Are land prices in Miyakojima City going up?

Land prices in Miyakojima City have risen by +9.5% on average over the past year. Over five years the change is +71.8%.

What is the land price forecast for Miyakojima City?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥49,913 per m² in 10 years (range ¥40,929–¥58,897). Forecasts are projections, not guarantees.

What is the total value of real estate in Miyakojima City?

About ¥392.8 billion: land ¥244.7 billion and buildings ¥148.1 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥330.3 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.