Mukai, Wakayama City: property prices and land values

向(和歌山市)

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

Avg. residential land price
¥46K/m²
≈ $27/sq ft · 2 sites
#39 of 59 neighborhoods
Avg. commercial land price
¥62K/m²
≈ $37/sq ft · 1 sites
1-year change
±0.0%
Residential ±0.0% · commercial ±0.0%
5 years / 10 years
−2.5% / −6.3%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥24.5M
≈ $155K · 6 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

¥40K/m²¥60K/m²¥80K/m²¥100K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.2% a year
¥46K/m²¥46K/m²¥46K/m²¥46K/m²¥45K/m²

Forecasts are projections, not guarantees. 10-year range: ¥37K/m²–¥53K/m²

Mukai, Wakayama City compared with larger areas

AreaAvg. residential≈ USD/sq ftMukai, Wakayama City is1 year5 yearsCondos per m²Index
Mukai, Wakayama City ¥46K/m²$27/sq ft ±0.0%−2.5% ——
Wakayama City ¥66K/m²$39/sq ft 0.70x+0.3%+0.1% ¥180K/m²67
Wakayama ¥38K/m²$22/sq ft 1.2x−0.4%−3.4% ¥142K/m²21
Japan ¥120K/m²$70/sq ft 0.39x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
和歌山県 和歌山市向字大西156番1
Land Price Publication 2026
Commercial¥62K/m²$37/sq ft ±0.0%東松江
2.0 km
和歌山県 和歌山市向字高屋敷45番12
Land Price Publication 2026
Residential¥46K/m²$27/sq ft ±0.0%東松江
2.0 km
和歌山県 和歌山市向字高屋敷45番12
Prefectural Survey 2026
Residential¥46K/m²$27/sq ft ±0.0%中小規模の戸建住宅が建ち並ぶ分譲住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 10 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥24.5M
Land per m² (median)
¥60K/m²

Sales in the loaded period: Land & building 15 · Land 6 · Pre-owned condo 2

DistrictPeriodTypePriceAreaBuiltPer m²
MukaiQ2 2026Pre-owned condo ¥2.9M55 m²1994¥53K/m²
MukaiQ1 2026Land & building (contract) ¥1.4M100 m²1979—
MukaiQ1 2026Land ¥8.2M180 m²—¥45K/m²
MukaiQ4 2025Land & building (contract) ¥12.0M155 m²2000—
MukaiQ4 2025Land & building ¥34.0M90 m²2026—
MukaiQ4 2025Land ¥11.0M190 m²—¥60K/m²
MukaiQ4 2025Land ¥9.4M155 m²—¥60K/m²
MukaiQ2 2025Land & building (contract) ¥26.0M160 m²2024—
MukaiQ2 2025Land & building (contract) ¥25.0M135 m²2024—
MukaiQ1 2025Land & building (contract) ¥24.0M135 m²2024—
MukaiQ4 2024Land & building (contract) ¥26.0M135 m²——
MukaiQ3 2024Land & building (contract) ¥16.0M105 m²2014—
MukaiQ3 2024Pre-owned condo (contract) ¥3.3M55 m²1994¥60K/m²
MukaiQ3 2024Land & building ¥25.0M140 m²2024—
MukaiQ3 2024Land & building ¥2.3M110 m²1975—
MukaiQ2 2024Land & building (contract) ¥19.0M100 m²——
MukaiQ2 2024Land ¥7.7M130 m²—¥60K/m²
MukaiQ1 2024Land & building (contract) ¥24.0M120 m²2023—
MukaiQ1 2024Land & building ¥24.0M115 m²2023—
MukaiQ1 2024Land ¥9.4M155 m²—¥60K/m²

Nearby neighborhoods

FAQ

What is the average land price in Mukai, Wakayama City?

The average price of residential land in Mukai, Wakayama City is ¥46,200 per m² (about ¥152,727 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Mukai, Wakayama City going up?

Land prices in Mukai, Wakayama City have stayed flat by +0.0% on average over the past year. Over five years the change is -2.5%.

What is the land price forecast for Mukai, Wakayama City?

The Fudosan Zukan model projects residential land prices to change by -0.2% a year, reaching about ¥45,125 per m² in 10 years (range ¥37,002–¥53,248). 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.