Matsugawa, Naha City: property prices and land values

松川(那覇市)

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

Avg. residential land price
¥159K/m²
≈ $94/sq ft · 1 sites
#30 of 37 neighborhoods
Avg. commercial land price
¥214K/m²
≈ $126/sq ft · 1 sites
1-year change
+5.5%
Residential +4.6% · commercial +6.5%
5 years / 10 years
+21.1% / +60.9%
Same sites, chained
Pre-owned condos per m²
¥277K/m²
70 m² ≈ ¥19.4M · 16 sales
Pre-owned houses (median)
¥47.0M
≈ $298K · 11 sales
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

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

¥100K/m²¥150K/m²¥200K/m²¥250K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.8% a year
¥159K/m²¥165K/m²¥178K/m²¥191K/m²¥230K/m²

Forecasts are projections, not guarantees. 10-year range: ¥188K/m²–¥271K/m²

Matsugawa, Naha City compared with larger areas

AreaAvg. residential≈ USD/sq ftMatsugawa, Naha City is1 year5 yearsCondos per m²Index
Matsugawa, Naha City ¥159K/m²$94/sq ft +5.5%+21.1% ¥277K/m²—
Naha City ¥232K/m²$136/sq ft 0.69x+6.0%+21.9% ¥475K/m²91
Okinawa ¥99K/m²$58/sq ft 1.6x+6.1%+27.2% ¥477K/m²81
Japan ¥120K/m²$70/sq ft 1.3x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
沖縄県 那覇市松川2丁目281番24
Land Price Publication 2026
Commercial¥214K/m²$126/sq ft +6.5%安里
590 m
沖縄県 那覇市松川2丁目113番15
Prefectural Survey 2026
Residential¥159K/m²$94/sq ft +4.6%一般住宅のほか共同住宅等も見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 30 sales

Condos per m² (median)
¥277K/m²
Condo price (median)
¥16.0M
Land & building (median)
¥47.0M
Land per m² (median)
¥60K/m²

Sales in the loaded period: Pre-owned condo 27 · Land & building 16 · Land 6

DistrictPeriodTypePriceAreaBuiltPer m²
MatsugawaQ2 2026Pre-owned condo (contract) ¥4.7M15 m²1975¥313K/m²
MatsugawaQ2 2026Pre-owned condo (contract) ¥4.3M15 m²1975¥287K/m²
MatsugawaQ2 2026Land & building (contract) ¥45.0M135 m²2020—
MatsugawaQ2 2026Land & building (contract) ¥55.0M75 m²2024—
MatsugawaQ1 2026Pre-owned condo (contract) ¥4.0M15 m²1975¥267K/m²
MatsugawaQ1 2026Pre-owned condo (contract) ¥5.0M20 m²1975¥250K/m²
MatsugawaQ1 2026Pre-owned condo (contract) ¥20.0M75 m²1975¥267K/m²
MatsugawaQ1 2026Land & building ¥120.0M430 m²1984—
MatsugawaQ1 2026Pre-owned condo (contract) ¥29.0M70 m²1997¥414K/m²
MatsugawaQ4 2025Land & building (contract) ¥44.0M105 m²2025—
MatsugawaQ4 2025Land & building ¥190.0M440 m²2010—
MatsugawaQ4 2025Land & building (contract) ¥56.0M165 m²1989—
MatsugawaQ4 2025Land ¥8.0M140 m²—¥56K/m²
MatsugawaQ3 2025Land & building ¥43.0M110 m²2025—
MatsugawaQ3 2025Pre-owned condo (contract) ¥41.0M95 m²1997¥432K/m²
MatsugawaQ3 2025Pre-owned condo (contract) ¥15.0M70 m²1975¥214K/m²
MatsugawaQ3 2025Land & building (contract) ¥43.0M110 m²2025—
MatsugawaQ3 2025Land & building (contract) ¥45.0M105 m²2025—
MatsugawaQ2 2025Pre-owned condo ¥17.0M65 m²1975¥262K/m²
MatsugawaQ2 2025Land ¥8.4M140 m²—¥60K/m²

Nearby neighborhoods

FAQ

What is the average land price in Matsugawa, Naha City?

The average price of residential land in Matsugawa, Naha City is ¥159,000 per m² (about ¥525,620 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Matsugawa, Naha City going up?

Land prices in Matsugawa, Naha City have risen by +5.5% on average over the past year. Over five years the change is +21.1%.

How much do pre-owned condos cost in Matsugawa, Naha City?

The median price of pre-owned condo transactions in the last two years is ¥276,666 per m², with a median price of ¥16.0 million (16 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Matsugawa, Naha City?

The Fudosan Zukan model projects residential land prices to change by +3.8% a year, reaching about ¥229,660 per m² in 10 years (range ¥188,321–¥270,999). Forecasts are projections, not guarantees.

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.