Iwate: Cities with the highest commercial land prices

Municipalities ranked by the average price of commercial survey sites (yen per m²).

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

RankAreaCities: commercialAvg. residential1 year5 yearsIndex
1Morioka City
Iwate
¥128K/m² ¥56K/m² +1.3%+9.5% 76
2Yahaba Town
Iwate
¥76K/m² ¥43K/m² +1.1%+12.4% 76
3Miyako City
Iwate
¥52K/m² ¥25K/m² −2.1%−7.5% 29
4Kamaishi City
Iwate
¥52K/m² ¥37K/m² −1.8%−6.7% 39
5Kitakami City
Iwate
¥45K/m² ¥31K/m² +1.1%+4.8% 68
6Takizawa City
Iwate
¥42K/m² ¥36K/m² +2.4%+14.9% 77
7Ofunato City
Iwate
¥42K/m² ¥23K/m² −2.0%−8.5% 29
8Rikuzentakata City
Iwate
¥35K/m² ¥17K/m² −1.5%−5.4% 31
9Shiwa Town
Iwate
¥34K/m² ¥38K/m² +1.4%+13.3% 75
10Yamada Town
Iwate
¥34K/m² ¥20K/m² −3.5%−16.2% 17
11Otsuchi Town
Iwate
¥32K/m² ¥21K/m² −2.8%−12.5% 22
12Kuji City
Iwate
¥29K/m² ¥16K/m² −3.0%−11.9% 16
13Tono City
Iwate
¥28K/m² ¥15K/m² −1.4%−4.3% 32
14Ninohe City
Iwate
¥28K/m² ¥18K/m² −1.6%−8.7% 24
15Hanamaki City
Iwate
¥27K/m² ¥18K/m² −0.3%−1.7% 46
16Oshu City
Iwate
¥27K/m² ¥18K/m² −0.9%−2.9% 40
17Ichinoseki City
Iwate
¥26K/m² ¥17K/m² −1.2%−6.8% 28
18Hiraizumi Town
Iwate
¥22K/m² ¥18K/m² −1.3%−7.4% 29
19Kanegasaki Town
Iwate
¥21K/m² ¥20K/m² +0.4%+2.2% 59
20Iwaizumi Town
Iwate
¥20K/m² ¥14K/m² −2.6%−11.8% 16
21Shizukuishi Town
Iwate
¥20K/m² ¥13K/m² −1.1%−7.3% 25
22Iwate Town
Iwate
¥18K/m² ¥12K/m² −2.8%−19.1% 10
23Hachimantai City
Iwate
¥16K/m² ¥9,037/m² −1.2%−9.4% 18
24Ichinohe Town
Iwate
¥16K/m² ¥14K/m² −3.4%−15.3% 12
25Hirono Town
Iwate
¥16K/m² ¥8,958/m² −2.3%−12.0% 11
26Sumita Town
Iwate
¥15K/m² ¥6,760/m² −1.7%−7.1% 18
27Karumai Town
Iwate
¥14K/m² ¥12K/m² −1.4%−18.4% 14
28Noda Village
Iwate
¥13K/m² ¥10K/m² −1.2%−7.3% 23
29Kuzumaki Town
Iwate
¥12K/m² ¥6,240/m² −1.6%−14.1% 9
30Fudai Village
Iwate
¥12K/m² ¥9,165/m² −2.1%−11.3% 12
31Kunohe Village
Iwate
¥11K/m² ¥6,497/m² −2.4%−16.8% 6
32Nishiwaga Town
Iwate
¥6,340/m² ¥3,816/m² −2.4%−11.2% 6

32 areas · calculated Nov 4, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.

Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.