Higashine City: property prices and land values

東根市

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

Avg. residential land price
¥29K/m²
≈ $17/sq ft · 7 sites
#750 of 1795 municipalities in Japan
Avg. commercial land price
¥44K/m²
≈ $26/sq ft · 6 sites
1-year change
+0.6%
Residential +0.9% · commercial +0.3%
5 years / 10 years
+4.4% / +4.4%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
66/100
#508 in Japan
Total real estate value Estimate
¥299.1 billion
≈ $1.9B · land ¥184.0 billion + buildings ¥115.1 billion
#572 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

¥20K/m²¥30K/m²¥40K/m²¥50K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.7% a year
¥29K/m²¥29K/m²¥30K/m²¥30K/m²¥31K/m²

Forecasts are projections, not guarantees. 10-year range: ¥26K/m²–¥37K/m²

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

Total value (market estimate)
¥299.1 billion
≈ $1.9B · 0.02% of Japan
Land (market estimate)
¥184.0 billion
residential land ¥178.6 billion
Buildings (assessed)
¥115.1 billion
37,707 buildings · 4.5 km² floor area
Assessed value (fixed-asset tax)
¥245.5 billion
land ¥130.4 billion · buildings ¥115.1 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥125.0 billion¥178.6 billion11.9 km²¥15K/m²
Other land
farmland, forest, other
¥5.4 billion¥5.4 billion62.9 km²—
Buildings
wooden ¥58.0 billion · non-wooden ¥57.1 billion
¥115.1 billion¥115.1 billion4.5 km² floor—
Total¥245.5 billion¥299.1 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.

Higashine City compared with larger areas

AreaAvg. residential≈ USD/sq ftHigashine City is1 year5 yearsCondos per m²Index
Higashine City ¥29K/m²$17/sq ft +0.6%+4.4% —66
Yamagata ¥23K/m²$14/sq ft 1.3x−0.2%−0.3% —26
Japan ¥120K/m²$71/sq ft 0.25x+2.1%+8.0% ¥494K/m²—

Neighborhoods 10 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
さくらんぼ駅前
さくらんぼ駅前
¥47K/m² ¥68K/m² +0.7% +8.8% — —
中央
中央
¥40K/m² ¥52K/m² +1.0% +7.0% — —
神町北
神町北
¥33K/m² ¥49K/m² +1.8% +9.7% — —
神町東
神町東
¥26K/m² — +2.8% +15.4% — —
鷺ノ森
鷺ノ森
¥25K/m² — +1.2% +4.5% — —
温泉町
温泉町
¥23K/m² ¥24K/m² −0.4% −3.8% — —
長瀞
長瀞
¥11K/m² — −1.8% — — —
三日町
三日町
— ¥31K/m² ±0.0% −1.6% — —
一本木
一本木
— ¥39K/m² ±0.0% −0.3% — —
東根元東根
東根元東根
— — — +5.3% — —

Official land price survey sites highest first · 14 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山形県 東根市さくらんぼ駅前2丁目17番5外
Land Price Publication 2026
Commercial¥68K/m²$40/sq ft +0.4%さくらんぼ東根
400 m
山形県 東根市中央1丁目6番3外
Land Price Publication 2026
Commercial¥52K/m²$31/sq ft +1.2%さくらんぼ東根
1.6 km
山形県 東根市神町北二丁目12番2
Prefectural Survey 2026
Commercial¥49K/m²$29/sq ft +0.4%低層店舗、共同住宅等が混在する新興商業地域
山形県 東根市さくらんぼ駅前2丁目9番8
Land Price Publication 2026
Residential¥47K/m²$28/sq ft +0.9%さくらんぼ東根
800 m
山形県 東根市中央三丁目9番12外1筆
Prefectural Survey 2026
Residential¥40K/m²$24/sq ft +0.8%中規模一般住宅が多い区画整理済の住宅地域
山形県 東根市一本木一丁目2184番3
Prefectural Survey 2026
Commercial¥39K/m²$23/sq ft ±0.0%店舗、事業所、共同住宅等が混在する路線商業地域
山形県 東根市神町北3丁目6100番22
Land Price Publication 2026
Residential¥33K/m²$20/sq ft +3.1%神町
1.2 km
山形県 東根市三日町二丁目1番12外2筆
Prefectural Survey 2026
Commercial¥31K/m²$18/sq ft ±0.0%店舗、一般住宅等が混在する既成商業地域
山形県 東根市神町東2丁目60番7
Land Price Publication 2026
Residential¥26K/m²$15/sq ft +2.8%神町
1.0 km
山形県 東根市鷺ノ森1丁目10番13
Land Price Publication 2026
Residential¥25K/m²$15/sq ft +1.2%東根
450 m
山形県 東根市温泉町二丁目4270番3外2筆
Prefectural Survey 2026
Commercial¥24K/m²$14/sq ft −0.4%店舗、福祉施設、住宅等が混在する商業地域
山形県 東根市温泉町一丁目11番12外1筆
Prefectural Survey 2026
Residential¥23K/m²$14/sq ft −0.4%中規模一般住宅が建ち並ぶ温泉街に近い区画整理済の住宅地域
山形県 東根市大字東根元東根字大森5600番2外3筆
Prefectural Survey 2026
Industrial¥16K/m²$9/sq ft +0.6%大規模工場、事業所等が建ち並ぶ工業団地
山形県 東根市大字長瀞字南方1111番1
Prefectural Survey 2026
Residential¥11K/m²$6/sq ft −1.8%一般住宅等が建ち並ぶ郊外の既成住宅地域

Transaction prices

No data No transaction data for this area yet.

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

1-year growth
68
5-year growth
72
10-year growth
72
Price level
58

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 Higashine City?

The average price of residential land in Higashine City is ¥29,286 per m² (about ¥96,813 per tsubo), based on 7 sites in the official land price surveys (2026).

Are land prices in Higashine City going up?

Land prices in Higashine City have risen by +0.6% on average over the past year. Over five years the change is +4.4%.

What is the land price forecast for Higashine City?

The Fudosan Zukan model projects residential land prices to change by +0.7% a year, reaching about ¥31,284 per m² in 10 years (range ¥25,653–¥36,915). Forecasts are projections, not guarantees.

What is the total value of real estate in Higashine City?

About ¥299.1 billion: land ¥184.0 billion and buildings ¥115.1 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥245.5 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.