Wakasa Town: property prices and land values

若桜町

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

Avg. residential land price
¥7,050/m²
≈ $4/sq ft · 4 sites
#1569 of 1795 municipalities in Japan
Avg. commercial land price
¥13K/m²
≈ $7/sq ft · 1 sites
1-year change
−1.9%
Residential −1.6% · commercial −3.1%
5 years / 10 years
−10.0% / −23.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥2.1M
≈ $13K · 4 sales
Real Estate Zukan Index
11/100
#1666 in Japan
Total real estate value Estimate
¥7.9 billion
≈ $49.98M · land ¥4.4 billion + buildings ¥3.4 billion
#1590 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/m²¥30K/m²¥40K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.6% a year
¥7,050/m²¥6,935/m²¥6,711/m²¥6,493/m²¥5,981/m²

Forecasts are projections, not guarantees. 10-year range: ¥4,904/m²–¥7,058/m²

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

Total value (market estimate)
¥7.9 billion
≈ $49.98M · 0.00% of Japan
Land (market estimate)
¥4.4 billion
residential land ¥3.7 billion
Buildings (assessed)
¥3.4 billion
4,852 buildings · 37.6 ha floor area
Assessed value (fixed-asset tax)
¥6.7 billion
land ¥3.3 billion · buildings ¥3.4 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥2.6 billion¥3.7 billion71.4 ha¥5,242/m²
Other land
farmland, forest, other
¥700.1M¥700.1M27.9 km²—
Buildings
wooden ¥2.6 billion · non-wooden ¥862.9M
¥3.4 billion¥3.4 billion37.6 ha floor—
Total¥6.7 billion¥7.9 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.

Wakasa Town compared with larger areas

AreaAvg. residential≈ USD/sq ftWakasa Town is1 year5 yearsCondos per m²Index
Wakasa Town ¥7,050/m²$4/sq ft −1.9%−10.0% —11
Tottori ¥23K/m²$14/sq ft 0.30x−0.4%−3.3% ¥243K/m²14
Japan ¥120K/m²$71/sq ft 0.06x+2.1%+8.0% ¥493K/m²—

Neighborhoods 10 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Wakasa
若桜
¥10K/m² ¥13K/m² −2.4% −12.7% — 3
Oaza Takano
高野
¥4,650/m² — −1.1% −4.7% — —
岩屋堂
岩屋堂
¥3,550/m² — −1.4% −6.6% — —
Oaza Kurumino
来見野
— — — — — 2
Oaza Yoshikawa
吉川
— — — — — 2
Oaza Itoshiromi
糸白見
— — — — — 1
Oaza Nakahara
中原
— — — — — —
Oaza Koda
香田
— — — — — —
Oaza Obune
小船
— — — — — 1
Oaza Tsukuyone
舂米
— — — — — —

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
鳥取県 八頭郡若桜町大字若桜字廣原1201番6
Land Price Publication 2026
Commercial¥13K/m²$7/sq ft −3.1%若桜
100 m
鳥取県 八頭郡若桜町大字若桜字下町466番3
Land Price Publication 2026
Residential¥11K/m²$6/sq ft −1.9%若桜
300 m
鳥取県 八頭郡若桜町大字若桜字古海橋ノ本1111番32
Prefectural Survey 2026
Residential¥9,400/m²$6/sq ft −2.1%一般住宅が多い小規模に開発された住宅地域
鳥取県 八頭郡若桜町大字高野字ムネソリ497番外
Land Price Publication 2026
Residential¥4,650/m²$3/sq ft −1.1%若桜
2.1 km
鳥取県 八頭郡若桜町大字岩屋堂字屋敷廻199番2外
Prefectural Survey 2026
Residential¥3,550/m²$2/sq ft −1.4%農家住宅が多い山間の住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 9 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥2.1M
Land per m² (median)
—

Sales in the loaded period: Farmland 7 · Land 7 · Land & building 6 · Forest 5

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza WakasaQ4 2025Farmland ¥200K2,300 m²——
Oaza ObuneQ4 2025Land & building ¥3.0M175 m²1959—
Oaza YoshikawaQ3 2025Forest ¥160K640 m²——
Oaza YoshikawaQ3 2025Forest ¥130K530 m²——
Oaza ItoshiromiQ3 2025Land & building ¥4.0M1,400 m²1960—
Oaza WakasaQ2 2025Land & building ¥1.2M85 m²1955—
Oaza KuruminoQ2 2025Forest ¥32K125 m²——
Oaza KuruminoQ2 2025Forest ¥230K920 m²——
Oaza WakasaQ1 2025Land & building ¥1.1M145 m²1983—
Oaza TakanoQ4 2024Farmland ¥150K1,300 m²——
Oaza KodaQ4 2024Farmland ¥700K1,400 m²——
Oaza WakasaQ3 2024Land & building ¥21.0M1,500 m²1981—
Oaza WakasaQ2 2024Land ¥1.7M260 m²—¥6,500/m²
Oaza WakasaQ1 2024Farmland ¥1.2M8,888 m²——
Oaza NakaharaQ1 2024Farmland ¥280K350 m²——
Oaza NakaharaQ1 2024Farmland ¥130K165 m²——
Oaza KuruminoQ1 2024Land ¥370K310 m²—¥1,200/m²
Oaza YoshikawaQ1 2024Forest ¥40K160 m²——
Oaza ItoshiromiQ1 2024Land ¥1.3M810 m²—¥1,600/m²
Oaza TsukuyoneQ4 2023Farmland ¥1.5M1,400 m²——

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

Market activity
3
1-year growth
12
5-year growth
12
10-year growth
9
Price level
13

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 Wakasa Town?

The average price of residential land in Wakasa Town is ¥7,050 per m² (about ¥23,306 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Wakasa Town going up?

Land prices in Wakasa Town have fallen by -1.9% on average over the past year. Over five years the change is -10.0%.

What is the land price forecast for Wakasa Town?

The Fudosan Zukan model projects residential land prices to change by -1.6% a year, reaching about ¥5,981 per m² in 10 years (range ¥4,904–¥7,058). Forecasts are projections, not guarantees.

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

About ¥7.9 billion: land ¥4.4 billion and buildings ¥3.4 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥6.7 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.