Mihama Town: property prices and land values

美浜町

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

Avg. residential land price
¥20K/m²
≈ $12/sq ft · 5 sites
#993 of 1795 municipalities in Japan
Avg. commercial land price
¥30K/m²
≈ $18/sq ft · 1 sites
1-year change
−1.7%
Residential −1.5% · commercial −2.3%
5 years / 10 years
−9.8% / −21.2%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥5.8M
≈ $37K · 4 sales
Real Estate Zukan Index
22/100
#1460 in Japan
Total real estate value Estimate
¥30.6 billion
≈ $194.34M · land ¥20.4 billion + buildings ¥10.1 billion
#1327 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¥20K/m²¥40K/m²¥60K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.5% a year
¥20K/m²¥19K/m²¥19K/m²¥18K/m²¥17K/m²

Forecasts are projections, not guarantees. 10-year range: ¥14K/m²–¥20K/m²

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

Total value (market estimate)
¥30.6 billion
≈ $194.34M · 0.00% of Japan
Land (market estimate)
¥20.4 billion
residential land ¥19.4 billion
Buildings (assessed)
¥10.1 billion
5,390 buildings · 56.8 ha floor area
Assessed value (fixed-asset tax)
¥24.7 billion
land ¥14.6 billion · buildings ¥10.1 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥13.6 billion¥19.4 billion1.4 km²¥13K/m²
Other land
farmland, forest, other
¥1.0 billion¥1.0 billion4.5 km²—
Buildings
wooden ¥5.9 billion · non-wooden ¥4.2 billion
¥10.1 billion¥10.1 billion56.8 ha floor—
Total¥24.7 billion¥30.6 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.

Mihama Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMihama Town is1 year5 yearsCondos per m²Index
Mihama Town ¥20K/m²$12/sq ft −1.7%−9.8% —22
Wakayama ¥38K/m²$22/sq ft 0.52x−0.4%−3.4% ¥115K/m²21
Japan ¥120K/m²$71/sq ft 0.17x+2.1%+8.0% ¥494K/m²—

Neighborhoods 4 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Tai
田井
¥24K/m² ¥30K/m² −1.9% −11.6% — 1
Oaza Yoshihara
吉原
¥23K/m² — −1.1% −7.8% — 4
Oaza Wada
和田
¥17K/m² — −1.2% −7.6% — 3
Oaza Mio
三尾
¥12K/m² — −2.5% −12.5% — 1

Official land price survey sites highest first · 6 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
和歌山県 日高郡美浜町大字田井字番留566番1
Land Price Publication 2026
Commercial¥30K/m²$18/sq ft −2.3%西御坊
200 m
和歌山県 日高郡美浜町大字吉原字大西547番14外
Prefectural Survey 2026
Residential¥26K/m²$15/sq ft −0.8%中規模一般住宅を中心とする住宅地域
和歌山県 日高郡美浜町大字田井字釡井戸285番3
Land Price Publication 2026
Residential¥24K/m²$14/sq ft −1.6%紀伊御坊
900 m
和歌山県 日高郡美浜町大字吉原字大松原1090番18
Land Price Publication 2026
Residential¥20K/m²$12/sq ft −1.5%西御坊
750 m
和歌山県 日高郡美浜町大字和田字宮垣内1589番3
Prefectural Survey 2026
Residential¥17K/m²$10/sq ft −1.2%中規模一般住宅及び農家住宅が多い既成住宅地域
和歌山県 日高郡美浜町大字三尾字中ノ浜884番外
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −2.5%中小規模の一般住宅が見られる漁村集落地域

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥5.8M
Land per m² (median)
¥4,500/m²

Sales in the loaded period: Land & building 22 · Land 20 · Forest 1

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza YoshiharaQ1 2026Land ¥8.4M800 m²—¥10K/m²
Oaza YoshiharaQ1 2026Land ¥1.1M300 m²—¥3,600/m²
Oaza YoshiharaQ1 2026Land ¥1.4M310 m²—¥4,500/m²
Oaza YoshiharaQ1 2026Land ¥630K140 m²—¥4,500/m²
Oaza WadaQ1 2026Land & building ¥7.5M450 m²1973—
Oaza WadaQ1 2026Land & building ¥4.0M150 m²1974—
Oaza WadaQ4 2025Land & building ¥27.0M9,999 m²2003—
Oaza TaiQ4 2025Land & building ¥1.0M260 m²1974—
Oaza MioQ4 2025Land ¥2.9M190 m²—¥15K/m²
Oaza YoshiharaQ3 2025Land ¥7.5M250 m²—¥31K/m²
Oaza MioQ3 2025Land & building ¥9.0M360 m²1996—
Oaza MioQ3 2025Land ¥2.0M440 m²—¥4,600/m²
Oaza MioQ3 2025Land & building ¥5.8M320 m²1992—
Oaza WadaQ3 2025Land ¥3.6M80 m²—¥46K/m²
Oaza WadaQ3 2025Land ¥10.0M180 m²—¥58K/m²
Oaza WadaQ2 2025Land ¥4.3M95 m²—¥46K/m²
Oaza YoshiharaQ1 2025Land & building ¥4.5M240 m²1951—
Oaza HamanoseQ1 2025Land ¥2.5M125 m²—¥20K/m²
Oaza WadaQ4 2024Land & building ¥3.8M460 m²——
Oaza WadaQ4 2024Land ¥4.2M410 m²—¥10K/m²

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

Market activity
10
1-year growth
15
5-year growth
13
10-year growth
12
Price level
45

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 Mihama Town?

The average price of residential land in Mihama Town is ¥19,740 per m² (about ¥65,256 per tsubo), based on 5 sites in the official land price surveys (2026).

Are land prices in Mihama Town going up?

Land prices in Mihama Town have fallen by -1.7% on average over the past year. Over five years the change is -9.8%.

What is the land price forecast for Mihama Town?

The Fudosan Zukan model projects residential land prices to change by -1.5% a year, reaching about ¥16,936 per m² in 10 years (range ¥13,888–¥19,984). Forecasts are projections, not guarantees.

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

About ¥30.6 billion: land ¥20.4 billion and buildings ¥10.1 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥24.7 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.