Wakasa, Naha City: property prices and land values

若狭(那覇市)

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

Avg. residential land price
¥240K/m²
≈ $141/sq ft · 2 sites
#14 of 37 neighborhoods
Avg. commercial land price
¥484K/m²
≈ $285/sq ft · 1 sites
1-year change
+6.5%
Residential +5.2% · commercial +9.0%
5 years / 10 years
+23.0% / +100.3%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
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

¥0/m²¥200K/m²¥400K/m²¥600K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+4.5% a year
¥240K/m²¥251K/m²¥274K/m²¥300K/m²¥374K/m²

Forecasts are projections, not guarantees. 10-year range: ¥307K/m²–¥441K/m²

Wakasa, Naha City compared with larger areas

AreaAvg. residential≈ USD/sq ftWakasa, Naha City is1 year5 yearsCondos per m²Index
Wakasa, Naha City ¥240K/m²$141/sq ft +6.5%+23.0% ——
Naha City ¥232K/m²$136/sq ft 1.0x+6.0%+21.9% ¥475K/m²91
Okinawa ¥99K/m²$58/sq ft 2.4x+6.1%+27.2% ¥477K/m²81
Japan ¥120K/m²$70/sq ft 2.0x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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 那覇市若狭3丁目37番5
Land Price Publication 2026
Residential¥221K/m²$130/sq ft +5.2%泊港入口停
250 m

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Land 6 · Land & building 2

DistrictPeriodTypePriceAreaBuiltPer m²
WakasaQ2 2026Land & building (contract) ¥38.0M100 m²2008—
WakasaQ1 2025Land & building ¥60.0M125 m²2004—
WakasaQ4 2024Land ¥27.0M110 m²—¥250K/m²
WakasaQ3 2024Land ¥310.0M460 m²—¥670K/m²
WakasaQ3 2024Land ¥50.0M110 m²—¥450K/m²
WakasaQ3 2024Land ¥68.0M100 m²—¥670K/m²
WakasaQ4 2023Land ¥27.0M100 m²—¥270K/m²
WakasaQ4 2023Land ¥38.0M135 m²—¥280K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Wakasa, Naha City is ¥240,000 per m² (about ¥793,388 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Wakasa, Naha City going up?

Land prices in Wakasa, Naha City have risen by +6.5% on average over the past year. Over five years the change is +23.0%.

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

The Fudosan Zukan model projects residential land prices to change by +4.5% a year, reaching about ¥373,816 per m² in 10 years (range ¥306,529–¥441,103). 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.