Oaza Wada, Mihama Town: property prices and land values

和田(美浜町)

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

Avg. residential land price
¥17K/m²
≈ $10/sq ft · 1 sites
#3 of 4 neighborhoods
Avg. commercial land price
No data
1-year change
−1.2%
Residential −1.2% · commercial —
5 years / 10 years
−7.6% / −15.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥7.5M
≈ $47K · 3 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

¥10K/m²¥15K/m²¥20K/m²¥25K/m²¥30K/m²¥35K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.5% a year
¥17K/m²¥17K/m²¥16K/m²¥16K/m²¥15K/m²

Forecasts are projections, not guarantees. 10-year range: ¥12K/m²–¥17K/m²

Oaza Wada, Mihama Town compared with larger areas

AreaAvg. residential≈ USD/sq ftOaza Wada, Mihama Town is1 year5 yearsCondos per m²Index
Oaza Wada, Mihama Town ¥17K/m²$10/sq ft −1.2%−7.6% ——
Mihama Town ¥20K/m²$12/sq ft 0.87x−1.7%−9.8% —21
Wakayama ¥38K/m²$22/sq ft 0.45x−0.4%−3.4% ¥142K/m²21
Japan ¥120K/m²$70/sq ft 0.14x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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

Transaction prices MLIT Real Estate Information Library · last 2 years · 6 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥7.5M
Land per m² (median)
¥46K/m²

Sales in the loaded period: Land & building 8 · Land 6

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza WadaQ1 2026Land & building ¥7.5M450 m²1973—
Oaza WadaQ1 2026Land & building ¥4.0M150 m²1974—
Oaza WadaQ4 2025Land & building ¥27.0M9,999 m²2003—
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 WadaQ4 2024Land & building ¥3.8M460 m²——
Oaza WadaQ4 2024Land ¥4.2M410 m²—¥10K/m²
Oaza WadaQ4 2024Land & building ¥120K175 m²1981—
Oaza WadaQ4 2024Land ¥1.6M105 m²—¥15K/m²
Oaza WadaQ2 2024Land & building ¥11.0M125 m²1999—
Oaza WadaQ2 2024Land ¥5.1M105 m²—¥49K/m²
Oaza WadaQ1 2024Land & building ¥10.0M1,800 m²——
Oaza WadaQ4 2023Land & building ¥300K280 m²——

Nearby neighborhoods

FAQ

What is the average land price in Oaza Wada, Mihama Town?

The average price of residential land in Oaza Wada, Mihama Town is ¥17,100 per m² (about ¥56,529 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Oaza Wada, Mihama Town going up?

Land prices in Oaza Wada, Mihama Town have fallen by -1.2% on average over the past year. Over five years the change is -7.6%.

What is the land price forecast for Oaza Wada, Mihama Town?

The Fudosan Zukan model projects residential land prices to change by -1.5% a year, reaching about ¥14,671 per m² in 10 years (range ¥12,030–¥17,312). 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 ¥158.29 = $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.