Misato Town: property prices and land values

美郷町

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

Avg. residential land price
¥5,070/m²
≈ $3/sq ft · 4 sites
#1677 of 1795 municipalities in Japan
Avg. commercial land price
¥13K/m²
≈ $8/sq ft · 1 sites
1-year change
−2.4%
Residential −2.8% · commercial −0.8%
5 years / 10 years
−8.9% / −16.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥8.1M
≈ $52K · 3 sales
Real Estate Zukan Index
10/100
#1682 in Japan
Total real estate value Estimate
¥12.3 billion
≈ $78.13M · land ¥6.4 billion + buildings ¥5.9 billion
#1522 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¥10K/m²¥20K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.5% a year
¥5,070/m²¥4,995/m²¥4,848/m²¥4,706/m²¥4,367/m²

Forecasts are projections, not guarantees. 10-year range: ¥3,581/m²–¥5,153/m²

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

Total value (market estimate)
¥12.3 billion
≈ $78.13M · 0.00% of Japan
Land (market estimate)
¥6.4 billion
residential land ¥5.0 billion
Buildings (assessed)
¥5.9 billion
6,383 buildings · 60.6 ha floor area
Assessed value (fixed-asset tax)
¥10.8 billion
land ¥4.9 billion · buildings ¥5.9 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥3.5 billion¥5.0 billion1.7 km²¥2,981/m²
Other land
farmland, forest, other
¥1.3 billion¥1.3 billion158.7 km²—
Buildings
wooden ¥4.8 billion · non-wooden ¥1.1 billion
¥5.9 billion¥5.9 billion60.6 ha floor—
Total¥10.8 billion¥12.3 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.

Misato Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMisato Town is1 year5 yearsCondos per m²Index
Misato Town ¥5,070/m²$3/sq ft −2.4%−8.9% —10
Shimane ¥25K/m²$15/sq ft 0.20x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.04x+2.1%+8.0% ¥493K/m²—

Neighborhoods 16 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Kasubuchi
粕渕
¥8,800/m² ¥13K/m² −1.0% −5.2% — 1
Hamahara
浜原
¥5,200/m² — −3.7% −11.9% — 1
Tsugahongo
都賀本郷
¥3,600/m² — −3.5% −11.1% — 1
Tsugayuki
都賀行
¥2,680/m² — −2.9% −10.7% — —
Minato
港
— — — — — 1
Sakedani
酒谷
— — — — — 3
Ombara
乙原
— — — — — 5
Nagato
長藤
— — — — — —
Ishihara
石原
— — — — — 2
Ago
吾郷
— — — — — 1
Ushiomura
潮村
— — — — — 1
Tsuganishi
都賀西
— — — — — —
Chihara
千原
— — — — — —
Noi
野井
— — — — — —
Shigimi
志君
— — — — — —
Muranogo
村之郷
— — — — — —

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 邑智郡美郷町粕渕177番10
Prefectural Survey 2026
Commercial¥13K/m²$8/sq ft −0.8%低層店舗、一般住宅等が混在する既成商業地域
島根県 邑智郡美郷町粕渕277番
Prefectural Survey 2026
Residential¥8,800/m²$5/sq ft −1.1%一般住宅が建ち並ぶ既成住宅地域
島根県 邑智郡美郷町浜原65番1
Prefectural Survey 2026
Residential¥5,200/m²$3/sq ft −3.7%店舗等も介在する中規模一般住宅地域
島根県 邑智郡美郷町都賀本郷397番1外
Prefectural Survey 2026
Residential¥3,600/m²$2/sq ft −3.5%中規模一般住宅のほかに店舗等も混在する住宅地域
島根県 邑智郡美郷町都賀行49番1
Prefectural Survey 2026
Residential¥2,680/m²$2/sq ft −2.9%大中規模一般住宅が多い既成住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 16 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥8.1M
Land per m² (median)
—

Sales in the loaded period: Forest 24 · Land 7 · Farmland 6 · Land & building 4

DistrictPeriodTypePriceAreaBuiltPer m²
OmbaraQ1 2026Forest ¥110K220 m²——
OmbaraQ4 2025Forest ¥97K970 m²——
OmbaraQ4 2025Forest ¥44K440 m²——
OmbaraQ4 2025Forest ¥52K440 m²——
OmbaraQ4 2025Forest ¥97K730 m²——
KasubuchiQ4 2025Land & building ¥8.1M580 m²1975—
HamaharaQ4 2025Land & building ¥2.0M670 m²1978—
TsugahongoQ3 2025Land ¥300K195 m²—¥1,500/m²
UshiomuraQ3 2025Land ¥720K460 m²—¥1,600/m²
SakedaniQ3 2025Forest ¥30K240 m²——
SakedaniQ2 2025Forest ¥200K2,000 m²——
AgoQ2 2025Land & building ¥11.0M1,400 m²2008—
IshiharaQ1 2025Forest ¥29K290 m²——
IshiharaQ1 2025Forest ¥11K105 m²——
SakedaniQ1 2025Forest ¥32K320 m²——
MinatoQ1 2025Forest ¥13K135 m²——
ChiharaQ4 2024Forest ¥100K4,500 m²——
MinatoQ4 2024Forest ¥14K135 m²——
NagatoQ3 2024Forest ¥18K185 m²——
SakedaniQ3 2024Forest ¥200K740 m²——

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

Market activity
6
1-year growth
7
5-year growth
16
10-year growth
22
Price level
7

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 Misato Town?

The average price of residential land in Misato Town is ¥5,070 per m² (about ¥16,760 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Misato Town going up?

Land prices in Misato Town have fallen by -2.4% on average over the past year. Over five years the change is -8.9%.

What is the land price forecast for Misato Town?

The Fudosan Zukan model projects residential land prices to change by -1.5% a year, reaching about ¥4,367 per m² in 10 years (range ¥3,581–¥5,153). Forecasts are projections, not guarantees.

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

About ¥12.3 billion: land ¥6.4 billion and buildings ¥5.9 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥10.8 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.